Cost of Living Index by Country
Scale:
- 56: Georgia (cheapest)
- 100: Czech Republic
- 277: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 277 |
| 2nd | Switzerland | 237 |
| 3rd | Hong Kong | 224 |
| 4th | Bahamas | 212 |
| 5th | Ireland | 209 |
| 6th | Norway | 203 |
| 7th | Singapore | 189 |
| 8th | Luxembourg | 187 |
| 9th | Australia | 186 |
| 10th | Netherlands | 186 |
| … | … | … |
| … | … | … |
| … | … | … |
| 69th | Tunisia | 67 |
| 70th | Azerbaijan | 61 |
| 71st | Paraguay | 60 |
| 72nd | Ukraine | 59 |
| 73rd | Kazakhstan | 58 |
| 74th | India | 56 |
| 75th | Georgia | 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.
Other Country Comparisons
- Cost of living in Bulgaria is 58% cheaper than in Australia
- Cost of living in Ukraine is 50% cheaper than in Portugal
- Cost of living in Poland is 17% cheaper than in Jordan
- Cost of living in New Zealand is 170% more expensive than in Russia
- Cost of living in Costa Rica is 58% cheaper than in Hong Kong
- Cost of living in Luxembourg is 99% more expensive than in Costa Rica
- Cost of living in Tunisia is 57% cheaper than in Canada
- Cost of living in Qatar is 108% more expensive than in Poland
- Cost of living in Tunisia is 32% cheaper than in Cuba
- Cost of living in France is 10% more expensive than in Belgium