Cost of Living Index by Country
Scale:
- 66: India (cheapest)
- 100: Czech Republic
- 334: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 334 |
| 2nd | Cayman Islands | 326 |
| 3rd | Switzerland | 269 |
| 4th | Hong Kong | 262 |
| 5th | Bahamas | 246 |
| 6th | Ireland | 224 |
| 7th | Iceland | 218 |
| 8th | Singapore | 215 |
| 9th | Denmark | 213 |
| 10th | Norway | 206 |
| … | … | … |
| … | … | … |
| … | … | … |
| 84th | Paraguay | 76 |
| 85th | Mexico | 75 |
| 86th | Colombia | 73 |
| 87th | Kazakhstan | 72 |
| 88th | Georgia | 71 |
| 89th | Tunisia | 69 |
| 90th | India | 66 |
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 United States is about the same as in Netherlands
- Cost of living in Luxembourg is 23% more expensive than in Belgium
- Cost of living in Tanzania is 48% cheaper than in Austria
- Cost of living in Slovakia is 33% cheaper than in Canada
- Cost of living in Tunisia is 5% more expensive than in India
- Cost of living in Luxembourg is 17% more expensive than in Australia
- Cost of living in Georgia is 35% cheaper than in China
- Cost of living in Cyprus is 15% more expensive than in Estonia
- Cost of living in Botswana is 23% more expensive than in Ukraine
- Cost of living in Sweden is 21% cheaper than in Denmark