Cost of Living Index by Country
Scale:
- 56: Ukraine (cheapest)
- 100: Czech Republic
- 295: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 295 |
| 2nd | Hong Kong | 258 |
| 3rd | Switzerland | 235 |
| 4th | Bahamas | 235 |
| 5th | Singapore | 224 |
| 6th | Israel | 205 |
| 7th | Norway | 201 |
| 8th | United States | 188 |
| 9th | Ireland | 186 |
| 10th | United Kingdom | 186 |
| … | … | … |
| … | … | … |
| … | … | … |
| 74th | Botswana | 75 |
| 75th | Bangladesh | 70 |
| 76th | Tanzania | 67 |
| 77th | Colombia | 65 |
| 78th | Kosovo | 60 |
| 79th | India | 58 |
| 80th | Ukraine | 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 Netherlands is 34% more expensive than in Italy
- Cost of living in Malaysia is 7% cheaper than in Kenya
- Cost of living in Thailand is 19% cheaper than in Senegal
- Cost of living in Netherlands is 21% more expensive than in France
- Cost of living in Barbados is 95% more expensive than in Mexico
- Cost of living in Finland is 92% more expensive than in Bosnia and Herzegovina
- Cost of living in Bermuda is 239% more expensive than in Brazil
- Cost of living in Tanzania is 37% cheaper than in Russia
- Cost of living in Romania is 48% cheaper than in Macao
- Cost of living in South Korea is 39% more expensive than in Greece