English
EspañolCost of Living Index by Country
Scale:
- 65: Armenia (cheapest)
- 100: Czech Republic
- 275: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 275 |
| 2nd | Cayman Islands | 255 |
| 3rd | Iceland | 233 |
| 4th | Hong Kong | 231 |
| 5th | Switzerland | 221 |
| 6th | Norway | 218 |
| 7th | Bahamas | 217 |
| 8th | Qatar | 199 |
| 9th | Singapore | 196 |
| 10th | Ireland | 195 |
| … | … | … |
| … | … | … |
| … | … | … |
| 101st | Moldova | 71 |
| 102nd | Ukraine | 69 |
| 103rd | Azerbaijan | 69 |
| 104th | Georgia | 69 |
| 105th | Kazakhstan | 67 |
| 106th | Tunisia | 66 |
| 107th | Armenia | 65 |
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 Namibia is 59% more expensive than in Azerbaijan
- Cost of living in Uganda is 34% cheaper than in Jordan
- Cost of living in Kazakhstan is 59% cheaper than in Finland
- Cost of living in Netherlands is 67% more expensive than in Brazil
- Cost of living in Dominican Republic is 31% more expensive than in Bosnia and Herzegovina
- Cost of living in Costa Rica is 9% cheaper than in South Korea
- Cost of living in Bermuda is 105% more expensive than in Bahrain
- Cost of living in Nicaragua is 7% more expensive than in Algeria
- Cost of living in Jamaica is 13% cheaper than in Belgium
- Cost of living in Spain is 23% more expensive than in Ecuador