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Cost of Living Index by Country

Scale:
  • 50: India (cheapest)
  • 100: Czech Republic
  • 212: Switzerland (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Switzerland 212
2nd Singapore 209
3rd Bahamas 199
4th Cayman Islands 195
5th Hong Kong 166
6th United States 165
7th Ireland 161
8th Denmark 157
9th Australia 150
10th Norway 150
63rd Indonesia 67
64th Vietnam 66
65th Colombia 63
66th Malaysia 61
67th Bolivia 60
68th Russia 57
69th India 50
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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