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Cost of Living Index by Country

Scale:
  • 47: India (cheapest)
  • 100: Czech Republic
  • 214: Switzerland (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Switzerland 214
2nd Singapore 208
3rd Bahamas 200
4th Cayman Islands 187
5th Ireland 164
6th Hong Kong 161
7th United States 160
8th Denmark 159
9th Australia 156
10th Norway 144
62nd Indonesia 63
63rd Colombia 63
64th Russia 62
65th Vietnam 62
66th Malaysia 60
67th Bolivia 58
68th 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.

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