English
EspañolCost of Living Index by Country
Scale:
- 64: Armenia (cheapest)
- 100: Czech Republic
- 273: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 273 |
| 2nd | Cayman Islands | 253 |
| 3rd | Iceland | 230 |
| 4th | Hong Kong | 229 |
| 5th | Switzerland | 221 |
| 6th | Norway | 217 |
| 7th | Bahamas | 216 |
| 8th | Qatar | 197 |
| 9th | Ireland | 195 |
| 10th | Singapore | 195 |
| … | … | … |
| … | … | … |
| … | … | … |
| 101st | Azerbaijan | 72 |
| 102nd | Moldova | 70 |
| 103rd | Argentina | 70 |
| 104th | Ukraine | 69 |
| 105th | Georgia | 68 |
| 106th | Tunisia | 66 |
| 107th | Armenia | 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 Bahrain is 73% more expensive than in India
- Cost of living in Nigeria is 20% cheaper than in Croatia
- Cost of living in Canada is 14% cheaper than in Australia
- Cost of living in Portugal is 12% more expensive than in Latvia
- Cost of living in Cayman Islands is 137% more expensive than in Ethiopia
- Cost of living in Bolivia is 22% more expensive than in Argentina
- Cost of living in Paraguay is 31% more expensive than in Armenia
- Cost of living in Uganda is 61% cheaper than in Norway
- Cost of living in Saudi Arabia is 14% cheaper than in Jordan
- Cost of living in Albania is 41% cheaper than in Panama