Cost of Living Index by Country
Scale:
- 50: India (cheapest)
- 100: Czech Republic
- 217: Switzerland (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Switzerland | 217 |
| 2nd | Bahamas | 201 |
| 3rd | Singapore | 200 |
| 4th | Cayman Islands | 188 |
| 5th | United Kingdom | 166 |
| 6th | United States | 164 |
| 7th | Ireland | 164 |
| 8th | Hong Kong | 162 |
| 9th | Denmark | 159 |
| 10th | Australia | 158 |
| … | … | … |
| … | … | … |
| … | … | … |
| 62nd | Indonesia | 65 |
| 63rd | Colombia | 64 |
| 64th | Vietnam | 63 |
| 65th | Russia | 62 |
| 66th | Malaysia | 61 |
| 67th | Bolivia | 59 |
| 68th | India | 50 |
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 Slovenia is 10% cheaper than in Macao
- Cost of living in Venezuela is 51% cheaper than in Ireland
- Cost of living in Israel is 88% more expensive than in Peru
- Cost of living in Norway is 84% more expensive than in Brazil
- Cost of living in Fiji is 10% cheaper than in Brazil
- Cost of living in Singapore is 242% more expensive than in Bolivia
- Cost of living in South Korea is 27% cheaper than in Hong Kong
- Cost of living in Norway is 74% more expensive than in China
- Cost of living in Malaysia is 62% cheaper than in Denmark
- Cost of living in Canada is 14% more expensive than in United Arab Emirates