Cost of Living Ranking by Country

Ranking Country Price Index *
1st Bermuda 291
2nd Iceland 258
3rd Cayman Islands 255
4th Switzerland 235
5th Norway 227
6th Hong Kong 222
7th Ireland 205
8th Singapore 199
9th Qatar 194
10th Denmark 190
11th Australia 189
12th United Kingdom 182
13th United Arab Emirates 182
14th New Zealand 180
15th Netherlands 177
16th Luxembourg 177
17th France 176
18th Israel 176
19th United States 175
20th Japan 172
21st Finland 170
22nd Sweden 169
23rd Kuwait 164
24th Canada 156
25th Austria 152
26th Germany 151
27th Belgium 147
28th Puerto Rico 143
29th South Korea 142
30th Italy 141
31st Malta 140
32nd Lebanon 134
33rd Spain 134
34th Uruguay 134
35th Oman 133
36th Costa Rica 131
37th Jordan 126
38th Ethiopia 124
39th Panama 124
40th Bahrain 123
41st Greece 123
42nd Slovenia 120
43rd Portugal 120
44th Cyprus 119
45th Taiwan 118
46th Jamaica 113
47th Chile 112
48th Fiji 112
49th Thailand 111
50th South Africa 110
51st Saudi Arabia 110
52nd Estonia 108
53rd Croatia 108
54th Latvia 107
55th China 105
56th Moldova 104
57th Kenya 102
58th Brazil 102
59th El Salvador 102
60th Slovakia 101
61st Tanzania 100
62nd Czech Republic 100
63rd Lithuania 99
64th Uganda 99
65th Paraguay 98
66th Ecuador 97
67th Guatemala 95
68th Dominican Republic 95
69th Hungary 93
70th Poland 90
71st Malaysia 90
72nd Colombia 90
73rd Honduras 90
74th Russia 90
75th Peru 89
76th Serbia 85
77th Iraq 84
78th Mexico 84
79th Indonesia 83
80th Bulgaria 82
81st Philippines 82
82nd Nigeria 82
83rd Bangladesh 81
84th Bolivia 81
85th Argentina 81
86th Macedonia 80
87th Albania 80
88th Morocco 80
89th Romania 79
90th Nicaragua 79
91st Nepal 79
92nd Vietnam 79
93rd Algeria 78
94th Georgia 78
95th Turkey 77
96th Bosnia and Herzegovina 77
97th Tunisia 77
98th Kazakhstan 75
99th Sri Lanka 72
100th India 71
101st Azerbaijan 71
102nd Egypt 71
103rd Belarus 70
104th Armenia 68
105th Ukraine 67

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:
  • 67: Ukraine (cheapest)
  • 100: Czech Republic
  • 291: Bermuda (most expensive)