Cost of Living Index by Country
Scale:
- 56: Moldova (cheapest)
- 100: Czech Republic
- 292: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 292 |
| 2nd | Hong Kong | 246 |
| 3rd | Bahamas | 232 |
| 4th | Switzerland | 231 |
| 5th | Singapore | 217 |
| 6th | Norway | 194 |
| 7th | Ireland | 193 |
| 8th | Israel | 188 |
| 9th | United States | 187 |
| 10th | United Kingdom | 184 |
| … | … | … |
| … | … | … |
| … | … | … |
| 83rd | Colombia | 66 |
| 84th | Egypt | 65 |
| 85th | Kazakhstan | 63 |
| 86th | Kosovo | 61 |
| 87th | Turkey | 59 |
| 88th | India | 58 |
| 89th | Moldova | 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 Chile is 37% cheaper than in Austria
- Cost of living in Thailand is 63% cheaper than in Hong Kong
- Cost of living in Ukraine is 61% cheaper than in Australia
- Cost of living in Guyana is 47% cheaper than in Denmark
- Cost of living in El Salvador is 47% cheaper than in United Kingdom
- Cost of living in Spain is 38% more expensive than in Brazil
- Cost of living in Botswana is 11% cheaper than in Serbia
- Cost of living in Uruguay is 95% more expensive than in Bangladesh
- Cost of living in Switzerland is 63% more expensive than in France
- Cost of living in Serbia is 15% cheaper than in Ivory Coast