Cost of Living Index by Country
Scale:
- 56: Moldova (cheapest)
- 100: Czech Republic
- 292: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 292 |
| 2nd | Hong Kong | 243 |
| 3rd | Bahamas | 232 |
| 4th | Switzerland | 232 |
| 5th | Singapore | 217 |
| 6th | Ireland | 193 |
| 7th | Norway | 193 |
| 8th | United States | 187 |
| 9th | Israel | 187 |
| 10th | United Kingdom | 184 |
| … | … | … |
| … | … | … |
| … | … | … |
| 83rd | Colombia | 66 |
| 84th | Egypt | 65 |
| 85th | Kazakhstan | 63 |
| 86th | Kosovo | 61 |
| 87th | Turkey | 59 |
| 88th | India | 58 |
| 89th | Moldova | 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 Mauritius is 18% cheaper than in Russia
- Cost of living in Slovakia is 27% more expensive than in Hungary
- Cost of living in Portugal is about the same as in China
- Cost of living in Ukraine is 51% cheaper than in South Korea
- Cost of living in South Africa is 35% cheaper than in Germany
- Cost of living in Finland is 8% cheaper than in United Arab Emirates
- Cost of living in Bahamas is 64% more expensive than in France
- Cost of living in Luxembourg is 20% more expensive than in Belgium
- Cost of living in Uruguay is 28% cheaper than in United States
- Cost of living in India is 39% cheaper than in Dominican Republic