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Cost of Living Index by Country

Scale:
  • 51: India (cheapest)
  • 100: Czech Republic
  • 229: Switzerland (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Switzerland 229
2nd Bahamas 214
3rd Singapore 211
4th Cayman Islands 210
5th Australia 187
6th United Kingdom 177
7th Hong Kong 177
8th United States 174
9th Denmark 173
10th Ireland 172
62nd Indonesia 71
63rd Russia 68
64th Kenya 68
65th Vietnam 67
66th Bolivia 64
67th Malaysia 62
68th India 51
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.

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