Cost of Living Ranking by Country

Ranking Country Price Index *
1st Bermuda 314
2nd Cayman Islands 283
3rd Angola 277
4th Iceland 243
5th Switzerland 242
6th Hong Kong 219
7th Norway 216
8th Singapore 201
9th Ireland 199
10th Australia 197
11th Qatar 192
12th Denmark 189
13th United Kingdom 185
14th Luxembourg 182
15th France 181
16th Israel 179
17th New Zealand 179
18th Netherlands 175
19th United Arab Emirates 175
20th Finland 173
21st Sweden 172
22nd United States 171
23rd Japan 164
24th Canada 157
25th Germany 151
26th Austria 149
27th Belgium 149
28th South Korea 148
29th Italy 142
30th Puerto Rico 141
31st Lebanon 141
32nd Uruguay 137
33rd Spain 135
34th Trinidad and Tobago 134
35th Kuwait 133
36th Malta 132
37th Oman 130
38th Bahrain 129
39th Costa Rica 128
40th Panama 126
41st Jordan 123
42nd Mauritius 123
43rd Greece 122
44th Jamaica 121
45th Slovenia 121
46th Portugal 118
47th Cyprus 116
48th Brazil 116
49th Saudi Arabia 114
50th Taiwan 113
51st Chile 112
52nd Argentina 108
53rd Fiji 107
54th Latvia 107
55th China 107
56th Estonia 106
57th Croatia 104
58th Dominican Republic 103
59th Zimbabwe 103
60th South Africa 102
61st Slovakia 101
62nd Thailand 100
63rd Lithuania 100
64th Czech Republic 100
65th Kenya 100
66th Namibia 100
67th Russia 99
68th Ethiopia 98
69th Guatemala 98
70th Paraguay 97
71st Hungary 95
72nd El Salvador 92
73rd Poland 92
74th Montenegro 90
75th Malaysia 90
76th Turkey 89
77th Tanzania 89
78th Ecuador 87
79th Botswana 86
80th Serbia 85
81st Colombia 85
82nd Uganda 85
83rd Peru 84
84th Indonesia 84
85th Honduras 81
86th Bulgaria 80
87th Philippines 79
88th Romania 78
89th Mexico 78
90th Nepal 77
91st Vietnam 77
92nd Algeria 77
93rd Bolivia 76
94th Albania 76
95th Morocco 75
96th Macedonia 74
97th Bosnia and Herzegovina 74
98th Mongolia 72
99th Moldova 72
100th Kazakhstan 71
101st Bangladesh 70
102nd Kosovo 70
103rd Sri Lanka 69
104th Armenia 68
105th Georgia 67
106th India 64
107th Azerbaijan 64
108th Ukraine 62
109th Tunisia 58
110th Egypt 58

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:
  • 58: Egypt (cheapest)
  • 100: Czech Republic
  • 314: Bermuda (most expensive)