Cost of Living Index by Country
Scale:
- 65: India (cheapest)
- 100: Czech Republic
- 322: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 322 |
| 2nd | Cayman Islands | 317 |
| 3rd | Switzerland | 258 |
| 4th | Hong Kong | 253 |
| 5th | Bahamas | 237 |
| 6th | Ireland | 220 |
| 7th | Iceland | 213 |
| 8th | Denmark | 209 |
| 9th | Singapore | 209 |
| 10th | Norway | 202 |
| … | … | … |
| … | … | … |
| … | … | … |
| 84th | Ukraine | 76 |
| 85th | Paraguay | 73 |
| 86th | Colombia | 70 |
| 87th | Kazakhstan | 68 |
| 88th | Tunisia | 68 |
| 89th | Georgia | 66 |
| 90th | India | 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 Malta is 9% cheaper than in Sweden
- Cost of living in Costa Rica is 28% more expensive than in Kenya
- Cost of living in Morocco is 42% cheaper than in Austria
- Cost of living in Ecuador is 52% cheaper than in Denmark
- Cost of living in Cayman Islands is about the same as in Bermuda
- Cost of living in Cayman Islands is 235% more expensive than in Hungary
- Cost of living in Tanzania is 63% cheaper than in Singapore
- Cost of living in Serbia is 20% cheaper than in Lithuania
- Cost of living in Luxembourg is about the same as in United Kingdom
- Cost of living in Bahamas is 240% more expensive than in Colombia