Compare cost of living between countries:

Cost of Living Index by Country

  • 65: Belarus (cheapest)
  • 100: Czech Republic
  • 279: Bermuda (most expensive)

Cost of Living Ranking by Country

Rank Country Price Index
1st Bermuda 279
2nd Iceland 256
3rd Switzerland 228
4th Norway 222
5th Hong Kong 215
6th Ireland 200
7th Singapore 196
8th Denmark 192
9th Australia 185
10th United Kingdom 184
100th Georgia 73
101st Egypt 72
102nd Kazakhstan 72
103rd Kosovo 71
104th Azerbaijan 68
105th Armenia 67
106th Belarus 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.