Cost of Living Index by Country
Scale:
- 55: Moldova (cheapest)
- 100: Czech Republic
- 288: Bermuda (most expensive)
Cost of Living Ranking by Country
Ranking | Country | Price Index |
---|---|---|
1st | Bermuda | 288 |
2nd | Hong Kong | 240 |
3rd | Bahamas | 229 |
4th | Switzerland | 227 |
5th | Singapore | 214 |
6th | Ireland | 193 |
7th | Norway | 193 |
8th | Israel | 191 |
9th | United Kingdom | 185 |
10th | United States | 183 |
… | … | … |
… | … | … |
… | … | … |
84th | Tanzania | 65 |
85th | Egypt | 64 |
86th | Kazakhstan | 62 |
87th | Turkey | 61 |
88th | Kosovo | 61 |
89th | India | 58 |
90th | Moldova | 55 |
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 Indonesia is 22% cheaper than in Ivory Coast
- Cost of living in Philippines is 4% cheaper than in Dominican Republic
- Cost of living in Uruguay is 18% more expensive than in Portugal
- Cost of living in India is 59% cheaper than in France
- Cost of living in Guyana is 50% more expensive than in Kosovo
- Cost of living in Bulgaria is 47% cheaper than in Macao
- Cost of living in Sweden is 41% more expensive than in Ivory Coast
- Cost of living in New Zealand is 5% more expensive than in Netherlands
- Cost of living in Singapore is 79% more expensive than in Russia
- Cost of living in Sweden is 20% cheaper than in Denmark