Cost of Living Index by Country
Scale:
- 64: Tunisia (cheapest)
- 100: Czech Republic
- 300: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 300 |
| 2nd | Cayman Islands | 286 |
| 3rd | Hong Kong | 231 |
| 4th | Switzerland | 227 |
| 5th | Iceland | 220 |
| 6th | Bahamas | 219 |
| 7th | Norway | 207 |
| 8th | Ireland | 199 |
| 9th | Singapore | 193 |
| 10th | Denmark | 192 |
| … | … | … |
| … | … | … |
| … | … | … |
| 86th | Kazakhstan | 75 |
| 87th | Azerbaijan | 74 |
| 88th | Georgia | 73 |
| 89th | Tanzania | 71 |
| 90th | Paraguay | 69 |
| 91st | India | 64 |
| 92nd | Tunisia | 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 Costa Rica is 28% cheaper than in Finland
- Cost of living in Bermuda is 264% more expensive than in Peru
- Cost of living in Luxembourg is 98% more expensive than in Poland
- Cost of living in Norway is 22% more expensive than in France
- Cost of living in Costa Rica is 45% more expensive than in Bulgaria
- Cost of living in Morocco is 7% cheaper than in Guatemala
- Cost of living in South Korea is 10% more expensive than in Spain
- Cost of living in New Zealand is 114% more expensive than in Bolivia
- Cost of living in Mauritius is 77% more expensive than in Bolivia
- Cost of living in Mexico is 36% cheaper than in Austria