Cost of Living Index by Country
Scale:
- 62: Tunisia (cheapest)
- 100: Czech Republic
- 287: Cayman Islands (most expensive)
Cost of Living Ranking by Country
Ranking | Country | Price Index |
---|---|---|
1st | Cayman Islands | 287 |
2nd | Hong Kong | 235 |
3rd | Iceland | 231 |
4th | Switzerland | 228 |
5th | Bahamas | 218 |
6th | Norway | 213 |
7th | Zimbabwe | 203 |
8th | Singapore | 202 |
9th | Ireland | 201 |
10th | Denmark | 199 |
… | … | … |
… | … | … |
… | … | … |
94th | Tanzania | 74 |
95th | Georgia | 70 |
96th | Paraguay | 69 |
97th | Kazakhstan | 68 |
98th | India | 66 |
99th | Argentina | 65 |
100th | Tunisia | 62 |
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 Chile is 35% more expensive than in Armenia
- Cost of living in Iceland is 142% more expensive than in Kenya
- Cost of living in Portugal is 22% more expensive than in Kenya
- Cost of living in Cyprus is 38% more expensive than in Hungary
- Cost of living in Bahamas is 7% more expensive than in Zimbabwe
- Cost of living in New Zealand is 12% more expensive than in Lebanon
- Cost of living in Vietnam is 26% cheaper than in Croatia
- Cost of living in Slovakia is 48% more expensive than in Georgia
- Cost of living in El Salvador is 49% more expensive than in Kazakhstan
- Cost of living in New Zealand is 158% more expensive than in Kazakhstan