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Cost of Living Index by Country

Scale:
  • 47: India (cheapest)
  • 100: Czech Republic
  • 219: Singapore (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Singapore 219
2nd Bahamas 217
3rd Bermuda 214
4th Switzerland 198
5th Cayman Islands 195
6th Hong Kong 177
7th Ireland 164
8th United States 162
9th Denmark 160
10th Netherlands 150
68th Indonesia 65
69th Malaysia 61
70th Kenya 61
71st Bolivia 59
72nd Colombia 57
73rd Kosovo 53
74th India 47
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.

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