Cost of Living Index by Country
Scale:
- 55: Moldova (cheapest)
- 100: Czech Republic
- 288: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 288 |
| 2nd | Hong Kong | 240 |
| 3rd | Bahamas | 229 |
| 4th | Switzerland | 229 |
| 5th | Singapore | 214 |
| 6th | Norway | 193 |
| 7th | Ireland | 193 |
| 8th | Israel | 191 |
| 9th | United Kingdom | 185 |
| 10th | United States | 182 |
| … | … | … |
| … | … | … |
| … | … | … |
| 84th | Tanzania | 65 |
| 85th | Egypt | 64 |
| 86th | Kazakhstan | 62 |
| 87th | Turkey | 62 |
| 88th | Kosovo | 61 |
| 89th | India | 58 |
| 90th | Moldova | 55 |
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 Kosovo is 50% cheaper than in Jordan
- Cost of living in Andorra is 14% cheaper than in United Kingdom
- Cost of living in Russia is 53% more expensive than in Indonesia
- Cost of living in Bahamas is 20% more expensive than in Israel
- Cost of living in Barbados is 71% more expensive than in Philippines
- Cost of living in Italy is 32% cheaper than in Israel
- Cost of living in Bahamas is 76% more expensive than in Uruguay
- Cost of living in Kenya is 5% more expensive than in Hungary
- Cost of living in Kosovo is 65% cheaper than in Canada
- Cost of living in Slovakia is 14% more expensive than in Chile