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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.

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