Cost of Living Index by Country
Scale:
- 50: India (cheapest)
- 100: Czech Republic
- 219: Switzerland (most expensive)
Cost of Living Ranking by Country
Ranking | Country | Price Index |
---|---|---|
1st | Switzerland | 219 |
2nd | Bahamas | 208 |
3rd | Singapore | 206 |
4th | Cayman Islands | 203 |
5th | Australia | 177 |
6th | Hong Kong | 171 |
7th | United States | 170 |
8th | Ireland | 169 |
9th | United Kingdom | 166 |
10th | Denmark | 165 |
… | … | … |
… | … | … |
… | … | … |
60th | Indonesia | 70 |
61st | Kenya | 69 |
62nd | Russia | 66 |
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 Venezuela is 35% cheaper than in Uruguay
- Cost of living in Sweden is 143% more expensive than in Bolivia
- Cost of living in Slovenia is 36% cheaper than in Ireland
- Cost of living in Chile is 52% cheaper than in Australia
- Cost of living in Russia is 52% cheaper than in France
- Cost of living in France is 37% more expensive than in Czech Republic
- Cost of living in Guatemala is 17% cheaper than in Spain
- Cost of living in United States is 146% more expensive than in Kenya
- Cost of living in France is 81% more expensive than in Ecuador
- Cost of living in Netherlands is 9% more expensive than in Belgium