Cost of Living Index by Country
Scale:
- 58: Ukraine (cheapest)
- 100: Czech Republic
- 303: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 303 |
| 2nd | Hong Kong | 264 |
| 3rd | Bahamas | 244 |
| 4th | Switzerland | 237 |
| 5th | Singapore | 234 |
| 6th | United States | 193 |
| 7th | Ireland | 192 |
| 8th | Israel | 192 |
| 9th | Qatar | 190 |
| 10th | Norway | 186 |
| … | … | … |
| … | … | … |
| … | … | … |
| 71st | Peru | 77 |
| 72nd | Bolivia | 73 |
| 73rd | Colombia | 66 |
| 74th | Tanzania | 65 |
| 75th | Kosovo | 61 |
| 76th | India | 60 |
| 77th | Ukraine | 58 |
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 Bahrain is 76% more expensive than in Philippines
- Cost of living in Netherlands is 37% cheaper than in Hong Kong
- Cost of living in Qatar is 40% more expensive than in South Korea
- Cost of living in Malta is 59% more expensive than in Argentina
- Cost of living in Bermuda is 83% more expensive than in Netherlands
- Cost of living in Russia is 35% more expensive than in Philippines
- Cost of living in Serbia is 56% cheaper than in Ireland
- Cost of living in Barbados is 124% more expensive than in Poland
- Cost of living in Netherlands is 33% more expensive than in Italy
- Cost of living in Guyana is 13% cheaper than in Spain