Cost of Living Index by Country
Scale:
- 50: India (cheapest)
- 100: Czech Republic
- 220: Switzerland (most expensive)
Cost of Living Ranking by Country
Ranking | Country | Price Index |
---|---|---|
1st | Switzerland | 220 |
2nd | Bahamas | 209 |
3rd | Singapore | 207 |
4th | Cayman Islands | 205 |
5th | Australia | 177 |
6th | Hong Kong | 172 |
7th | United States | 171 |
8th | Ireland | 169 |
9th | United Kingdom | 167 |
10th | Denmark | 166 |
… | … | … |
… | … | … |
… | … | … |
60th | Indonesia | 70 |
61st | Kenya | 69 |
62nd | Russia | 68 |
63rd | Vietnam | 63 |
64th | Bolivia | 62 |
65th | Malaysia | 60 |
66th | 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 Hong Kong is 34% more expensive than in Austria
- Cost of living in Portugal is 72% more expensive than in Bolivia
- Cost of living in New Zealand is 56% more expensive than in Croatia
- Cost of living in Macao is 21% more expensive than in Jordan
- Cost of living in Taiwan is about the same as in Poland
- Cost of living in Macao is 74% more expensive than in Colombia
- Cost of living in Panama is 39% cheaper than in Sweden
- Cost of living in Portugal is 26% more expensive than in Chile
- Cost of living in Guyana is 47% cheaper than in Sweden
- Cost of living in Malta is 4% cheaper than in Austria