Cost of Living Index by Country
Scale:
- 56: India (cheapest)
- 100: Czech Republic
- 289: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 289 |
| 2nd | Cayman Islands | 263 |
| 3rd | Switzerland | 231 |
| 4th | Iceland | 230 |
| 5th | Bahamas | 228 |
| 6th | Hong Kong | 225 |
| 7th | Ireland | 211 |
| 8th | Norway | 195 |
| 9th | Qatar | 195 |
| 10th | Singapore | 194 |
| … | … | … |
| … | … | … |
| … | … | … |
| 74th | Tunisia | 64 |
| 75th | Ukraine | 64 |
| 76th | Egypt | 63 |
| 77th | Azerbaijan | 62 |
| 78th | Turkey | 61 |
| 79th | Kazakhstan | 59 |
| 80th | India | 56 |
See the full Cost of Living Ranking by Country
Price Index:
To calculate each country's Price Index value, we start by assigning a value of 100 to a
central reference country (that happens to be the Czech Republic).
Once the reference point has been established, the Price Index value of every other country in the
database is calculated by comparing their cost of living to the cost of living in the Czech Republic.
Therefore, if a country has a Price Index of 134, that means that living there is 34% more expensive than living in the Czech Republic.
Other Country Comparisons
- Cost of living in Romania is 35% cheaper than in Greece
- Cost of living in Bermuda is 79% more expensive than in United States
- Cost of living in Cuba is 42% cheaper than in Australia
- Cost of living in Sweden is 91% more expensive than in Morocco
- Cost of living in Panama is 15% more expensive than in South Africa
- Cost of living in Turkey is 61% cheaper than in Canada
- Cost of living in Thailand is 14% more expensive than in Serbia
- Cost of living in Bermuda is 138% more expensive than in Greece
- Cost of living in Peru is 44% cheaper than in Oman
- Cost of living in Indonesia is 15% more expensive than in Bolivia