Cost of Living Index by Country
Scale:
- 45: Egypt (cheapest)
- 100: Czech Republic
- 243: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 243 |
| 2nd | Singapore | 231 |
| 3rd | Cayman Islands | 215 |
| 4th | Switzerland | 204 |
| 5th | Bahamas | 199 |
| 6th | Hong Kong | 185 |
| 7th | Ireland | 175 |
| 8th | United States | 170 |
| 9th | Denmark | 166 |
| 10th | Australia | 161 |
| … | … | … |
| … | … | … |
| … | … | … |
| 70th | Kenya | 70 |
| 71st | Peru | 68 |
| 72nd | Bolivia | 65 |
| 73rd | Colombia | 57 |
| 74th | Kosovo | 56 |
| 75th | India | 50 |
| 76th | Egypt | 45 |
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 Sweden is 56% more expensive than in Serbia
- Cost of living in Japan is 34% more expensive than in China
- Cost of living in Sweden is about the same as in South Korea
- Cost of living in Cayman Islands is 43% more expensive than in Israel
- Cost of living in Bosnia and Herzegovina is 15% cheaper than in Jordan
- Cost of living in Thailand is 9% cheaper than in Chile
- Cost of living in Ecuador is 43% cheaper than in United Arab Emirates
- Cost of living in South Korea is 5% cheaper than in Japan
- Cost of living in Portugal is 47% more expensive than in Malaysia
- Cost of living in Bahamas is 101% more expensive than in Jordan