Cost of Living Index by Country
Scale:
- 44: Egypt (cheapest)
- 100: Czech Republic
- 239: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 239 |
| 2nd | Singapore | 231 |
| 3rd | Cayman Islands | 209 |
| 4th | Switzerland | 202 |
| 5th | Bahamas | 194 |
| 6th | Hong Kong | 182 |
| 7th | Ireland | 176 |
| 8th | United States | 167 |
| 9th | Denmark | 165 |
| 10th | Norway | 157 |
| … | … | … |
| … | … | … |
| … | … | … |
| 70th | Peru | 66 |
| 71st | Bolivia | 63 |
| 72nd | Paraguay | 63 |
| 73rd | Colombia | 56 |
| 74th | Kosovo | 55 |
| 75th | India | 49 |
| 76th | Egypt | 44 |
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 Malaysia is about the same as in Indonesia
- Cost of living in Norway is 85% more expensive than in Hungary
- Cost of living in Fiji is 60% cheaper than in Hong Kong
- Cost of living in Russia is 60% more expensive than in Egypt
- Cost of living in Guyana is 17% cheaper than in Greece
- Cost of living in Austria is about the same as in Macao
- Cost of living in India is 65% cheaper than in Canada
- Cost of living in Panama is 67% more expensive than in Kenya
- Cost of living in Bulgaria is 68% cheaper than in Bermuda
- Cost of living in Paraguay is 36% cheaper than in Jordan