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Cost of Living Index by Country

Scale:
  • 51: India (cheapest)
  • 100: Czech Republic
  • 230: Switzerland (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Switzerland 230
2nd Singapore 198
3rd Australia 176
4th Hong Kong 176
5th Ireland 166
6th United States 166
7th United Kingdom 166
8th New Zealand 160
9th Norway 158
10th Netherlands 150
53rd Bosnia and Herzegovina 70
54th Peru 69
55th Colombia 66
56th Indonesia 65
57th Bolivia 61
58th Malaysia 58
59th India 51
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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