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Cost of Living Index by Country

Scale:
  • 50: India (cheapest)
  • 100: Czech Republic
  • 207: Singapore (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Singapore 207
2nd Switzerland 207
3rd Bahamas 205
4th Cayman Islands 202
5th Hong Kong 174
6th United Kingdom 168
7th Ireland 167
8th United States 166
9th Australia 160
10th New Zealand 159
60th Colombia 70
61st Russia 67
62nd Indonesia 67
63rd Bolivia 60
64th Vietnam 60
65th Malaysia 58
66th 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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