Cost of Living Index by Country
Scale:
- 64: India (cheapest)
- 100: Czech Republic
- 297: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 297 |
| 2nd | Cayman Islands | 283 |
| 3rd | Hong Kong | 228 |
| 4th | Switzerland | 224 |
| 5th | Iceland | 218 |
| 6th | Bahamas | 217 |
| 7th | Norway | 205 |
| 8th | Ireland | 197 |
| 9th | Singapore | 191 |
| 10th | Denmark | 189 |
| … | … | … |
| … | … | … |
| … | … | … |
| 87th | Moldova | 74 |
| 88th | Azerbaijan | 73 |
| 89th | Georgia | 71 |
| 90th | Tanzania | 70 |
| 91st | Paraguay | 68 |
| 92nd | Tunisia | 64 |
| 93rd | India | 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 Cayman Islands is 185% more expensive than in China
- Cost of living in Kenya is 15% more expensive than in Bolivia
- Cost of living in Peru is 57% cheaper than in Denmark
- Cost of living in Qatar is 15% cheaper than in Norway
- Cost of living in Bolivia is 44% cheaper than in Belgium
- Cost of living in Bermuda is 351% more expensive than in Argentina
- Cost of living in Botswana is 15% more expensive than in Dominican Republic
- Cost of living in Poland is 6% more expensive than in Dominican Republic
- Cost of living in New Zealand is 95% more expensive than in Hungary
- Cost of living in Portugal is 29% more expensive than in Mexico