Cost of Living Index by Country
Scale:
- 64: Ukraine (cheapest)
- 100: Czech Republic
- 288: Bermuda (most expensive)
Cost of Living Ranking by Country
| Rank | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 288 |
| 2nd | Cayman Islands | 248 |
| 3rd | Hong Kong | 232 |
| 4th | Switzerland | 231 |
| 5th | Iceland | 221 |
| 6th | Norway | 217 |
| 7th | Ireland | 198 |
| 8th | Singapore | 198 |
| 9th | Qatar | 195 |
| 10th | Denmark | 191 |
| … | … | … |
| … | … | … |
| … | … | … |
| 103rd | Georgia | 73 |
| 104th | Egypt | 72 |
| 105th | Armenia | 71 |
| 106th | Kazakhstan | 69 |
| 107th | Tunisia | 68 |
| 108th | Argentina | 68 |
| 109th | Ukraine | 64 |
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 29% cheaper than in Finland
- Cost of living in Philippines is 19% cheaper than in Brazil
- Cost of living in Peru is 35% cheaper than in Italy
- Cost of living in New Zealand is 155% more expensive than in Armenia
- Cost of living in Kuwait is 89% more expensive than in Colombia
- Cost of living in Iceland is 63% more expensive than in Oman
- Cost of living in Switzerland is 71% more expensive than in Oman
- Cost of living in Sri Lanka is 4% more expensive than in Bosnia and Herzegovina
- Cost of living in Mauritius is 45% more expensive than in Hungary
- Cost of living in Mauritius is 32% cheaper than in Singapore