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Cost of Living Index by Country

Scale:
  • 56: Moldova (cheapest)
  • 100: Czech Republic
  • 292: Bermuda (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Bermuda 292
2nd Cayman Islands 270
3rd Hong Kong 240
4th Iceland 236
5th Bahamas 234
6th Switzerland 230
7th Singapore 219
8th United Kingdom 201
9th Norway 198
10th Ireland 191
87th Paraguay 69
88th Ukraine 68
89th Tanzania 66
90th Kosovo 63
91st Egypt 59
92nd India 57
93rd Moldova 56
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.

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