Cost of Living Index by Country
Scale:
- 64: Ukraine (cheapest)
- 100: Czech Republic
- 288: Bermuda (most expensive)
Cost of Living Ranking by Country
| Rank | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 288 |
| 2nd | Cayman Islands | 247 |
| 3rd | Switzerland | 233 |
| 4th | Hong Kong | 232 |
| 5th | Iceland | 221 |
| 6th | Norway | 217 |
| 7th | Ireland | 199 |
| 8th | Singapore | 197 |
| 9th | Qatar | 195 |
| 10th | Denmark | 191 |
| … | … | … |
| … | … | … |
| … | … | … |
| 103rd | Egypt | 72 |
| 104th | Armenia | 70 |
| 105th | Georgia | 70 |
| 106th | Kazakhstan | 69 |
| 107th | Tunisia | 68 |
| 108th | Argentina | 68 |
| 109th | Ukraine | 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 Kazakhstan is 8% cheaper than in India
- Cost of living in Serbia is 31% cheaper than in Portugal
- Cost of living in Kuwait is 41% more expensive than in Estonia
- Cost of living in Albania is 8% more expensive than in India
- Cost of living in Slovakia is 13% more expensive than in Belarus
- Cost of living in France is 21% more expensive than in Belgium
- Cost of living in Iran is 37% cheaper than in Canada
- Cost of living in Israel is 78% more expensive than in Hungary
- Cost of living in Norway is 83% more expensive than in Greece
- Cost of living in Kazakhstan is 29% cheaper than in Ecuador