Cost of Living Index by Country
Scale:
- 64: Ukraine (cheapest)
- 100: Czech Republic
- 289: Bermuda (most expensive)
Cost of Living Ranking by Country
| Rank | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 289 |
| 2nd | Cayman Islands | 249 |
| 3rd | Hong Kong | 233 |
| 4th | Switzerland | 231 |
| 5th | Iceland | 222 |
| 6th | Norway | 216 |
| 7th | Ireland | 199 |
| 8th | Singapore | 197 |
| 9th | Qatar | 192 |
| 10th | Denmark | 191 |
| … | … | … |
| … | … | … |
| … | … | … |
| 103rd | Georgia | 73 |
| 104th | Egypt | 72 |
| 105th | Kazakhstan | 70 |
| 106th | Argentina | 68 |
| 107th | Tunisia | 67 |
| 108th | Armenia | 66 |
| 109th | Ukraine | 64 |
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 India is 18% cheaper than in Hungary
- Cost of living in Greece is 21% more expensive than in Dominican Republic
- Cost of living in Poland is 35% cheaper than in Jordan
- Cost of living in Morocco is 23% cheaper than in Kenya
- Cost of living in Trinidad and Tobago is 81% more expensive than in Serbia
- Cost of living in Norway is 105% more expensive than in Croatia
- Cost of living in Taiwan is 29% more expensive than in Poland
- Cost of living in Colombia is 19% cheaper than in Brazil
- Cost of living in Finland is 26% more expensive than in Spain
- Cost of living in Cyprus is 23% more expensive than in Zambia