Cost of Living Ranking by Country

Ranking Country Price Index *
1st Bermuda 306
2nd Cayman Islands 256
3rd Iceland 245
4th Angola 243
5th Switzerland 239
6th Norway 220
7th Hong Kong 212
8th Ireland 200
9th Singapore 197
10th Australia 196
11th Denmark 190
12th Qatar 186
13th New Zealand 184
14th United Kingdom 182
15th Israel 182
16th Luxembourg 181
17th France 180
18th Netherlands 175
19th Sweden 174
20th Finland 173
21st United Arab Emirates 170
22nd United States 166
23rd Japan 162
24th Canada 157
25th Germany 152
26th Belgium 150
27th South Korea 149
28th Austria 149
29th Malta 146
30th Italy 143
31st Lebanon 136
32nd Spain 136
33rd Puerto Rico 136
34th Uruguay 134
35th Kuwait 132
36th Oman 129
37th Trinidad and Tobago 129
38th Costa Rica 124
39th Greece 123
40th Mauritius 122
41st Panama 122
42nd Bahrain 121
43rd Portugal 121
44th Slovenia 120
45th Brazil 119
46th Jordan 117
47th Cyprus 117
48th Chile 115
49th Jamaica 114
50th Saudi Arabia 112
51st Taiwan 111
52nd South Africa 109
53rd Namibia 108
54th Latvia 107
55th Fiji 107
56th China 106
57th Estonia 105
58th Croatia 105
59th Slovakia 101
60th Lithuania 100
61st Czech Republic 100
62nd Dominican Republic 100
63rd Argentina 99
64th Russia 98
65th Thailand 98
66th Hungary 97
67th Zimbabwe 95
68th Ethiopia 95
69th Paraguay 95
70th Kenya 95
71st Guatemala 94
72nd Poland 93
73rd Botswana 91
74th Turkey 90
75th El Salvador 89
76th Malaysia 89
77th Montenegro 87
78th Colombia 86
79th Serbia 86
80th Tanzania 85
81st Ecuador 84
82nd Peru 83
83rd Indonesia 82
84th Uganda 82
85th Bulgaria 80
86th Romania 79
87th Honduras 78
88th Philippines 77
89th Algeria 77
90th Morocco 77
91st Bosnia and Herzegovina 76
92nd Mexico 76
93rd Nepal 76
94th Vietnam 75
95th Albania 75
96th Macedonia 74
97th Bolivia 73
98th Bangladesh 71
99th Moldova 70
100th Kazakhstan 70
101st Mongolia 70
102nd Georgia 69
103rd Kosovo 68
104th Sri Lanka 67
105th Armenia 66
106th India 63
107th Azerbaijan 63
108th Ukraine 58
109th Tunisia 58
110th Egypt 57

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.

Cost of Living Map

Scale:
  • 57: Egypt (cheapest)
  • 100: Czech Republic
  • 306: Bermuda (most expensive)