Cost of Living Index by Country
Scale:
- 47: India (cheapest)
- 100: Czech Republic
- 219: Singapore (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Singapore | 219 |
| 2nd | Bahamas | 217 |
| 3rd | Bermuda | 214 |
| 4th | Switzerland | 198 |
| 5th | Cayman Islands | 195 |
| 6th | Hong Kong | 177 |
| 7th | Ireland | 164 |
| 8th | United States | 162 |
| 9th | Denmark | 160 |
| 10th | Netherlands | 150 |
| … | … | … |
| … | … | … |
| … | … | … |
| 68th | Indonesia | 65 |
| 69th | Malaysia | 61 |
| 70th | Kenya | 61 |
| 71st | Bolivia | 59 |
| 72nd | Colombia | 57 |
| 73rd | Kosovo | 53 |
| 74th | India | 47 |
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 Jordan is 30% more expensive than in Ecuador
- Cost of living in Bermuda is 306% more expensive than in Kosovo
- Cost of living in Palestinian Territory is 66% more expensive than in Kenya
- Cost of living in Portugal is 16% cheaper than in South Korea
- Cost of living in Panama is 83% more expensive than in Colombia
- Cost of living in India is 42% cheaper than in Guatemala
- Cost of living in Macao is 13% cheaper than in Israel
- Cost of living in Serbia is 29% more expensive than in Kenya
- Cost of living in Bahamas is 137% more expensive than in Taiwan
- Cost of living in Sweden is 18% cheaper than in Netherlands