Cost of Living Index by Country
Scale:
- 64: India (cheapest)
- 100: Czech Republic
- 319: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 319 |
| 2nd | Cayman Islands | 314 |
| 3rd | Switzerland | 259 |
| 4th | Hong Kong | 251 |
| 5th | Bahamas | 235 |
| 6th | Ireland | 221 |
| 7th | Iceland | 217 |
| 8th | Denmark | 210 |
| 9th | Singapore | 202 |
| 10th | Norway | 198 |
| … | … | … |
| … | … | … |
| … | … | … |
| 84th | Ukraine | 75 |
| 85th | Paraguay | 73 |
| 86th | Colombia | 70 |
| 87th | Kazakhstan | 68 |
| 88th | Tunisia | 67 |
| 89th | Georgia | 65 |
| 90th | India | 64 |
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 Estonia is 37% more expensive than in Dominican Republic
- Cost of living in Thailand is 14% more expensive than in Hungary
- Cost of living in Botswana is 40% more expensive than in Colombia
- Cost of living in Botswana is 24% cheaper than in Greece
- Cost of living in Egypt is 17% cheaper than in Czech Republic
- Cost of living in Latvia is 14% cheaper than in Spain
- Cost of living in Latvia is 28% cheaper than in Australia
- Cost of living in Jordan is 32% cheaper than in United Kingdom
- Cost of living in Iran is 95% more expensive than in Bulgaria
- Cost of living in Costa Rica is 52% cheaper than in Switzerland