English
EspañolCost of Living Index by Country
Scale:
- 65: Armenia (cheapest)
- 100: Czech Republic
- 276: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 276 |
| 2nd | Cayman Islands | 257 |
| 3rd | Iceland | 233 |
| 4th | Hong Kong | 228 |
| 5th | Switzerland | 225 |
| 6th | Bahamas | 221 |
| 7th | Norway | 218 |
| 8th | Ireland | 199 |
| 9th | Qatar | 199 |
| 10th | Singapore | 197 |
| … | … | … |
| … | … | … |
| … | … | … |
| 101st | Turkey | 73 |
| 102nd | Azerbaijan | 72 |
| 103rd | Georgia | 70 |
| 104th | Argentina | 70 |
| 105th | Ukraine | 68 |
| 106th | Tunisia | 68 |
| 107th | Armenia | 65 |
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 Ireland is 95% more expensive than in Brazil
- Cost of living in Philippines is 55% cheaper than in United Arab Emirates
- Cost of living in Mexico is 11% more expensive than in Egypt
- Cost of living in Luxembourg is 15% cheaper than in Ireland
- Cost of living in Jordan is 22% cheaper than in Australia
- Cost of living in India is 13% more expensive than in Azerbaijan
- Cost of living in Finland is 12% more expensive than in Germany
- Cost of living in Slovenia is 37% cheaper than in United Arab Emirates
- Cost of living in Iran is 29% cheaper than in Canada
- Cost of living in Namibia is 19% more expensive than in Iraq