Cost of Living Ranking by Country

Ranking Country Price Index *
1st Bermuda 287
2nd Cayman Islands 245
3rd Switzerland 234
4th Hong Kong 233
5th Iceland 231
6th Norway 227
7th Ireland 202
8th Singapore 196
9th Qatar 195
10th Denmark 191
11th United Kingdom 182
12th United Arab Emirates 181
13th Australia 179
14th New Zealand 176
15th Netherlands 176
16th United States 175
17th France 174
18th Israel 170
19th Luxembourg 170
20th Japan 169
21st Sweden 167
22nd Finland 166
23rd Kuwait 159
24th Canada 157
25th Germany 150
26th Austria 150
27th Palestinian Territory 150
28th Trinidad and Tobago 150
29th Puerto Rico 146
30th Belgium 144
31st South Korea 143
32nd Jordan 140
33rd Italy 140
34th Lebanon 138
35th Zimbabwe 135
36th Malta 133
37th Oman 132
38th Spain 131
39th Panama 128
40th Uruguay 127
41st Bahrain 125
42nd Costa Rica 123
43rd Portugal 121
44th Greece 119
45th Cyprus 118
46th Taiwan 117
47th Ethiopia 116
48th Slovenia 115
49th Saudi Arabia 113
50th Thailand 113
51st Estonia 110
52nd Chile 109
53rd Ecuador 106
54th Brazil 106
55th Latvia 106
56th Croatia 106
57th South Africa 104
58th El Salvador 102
59th Kenya 102
60th China 100
61st Czech Republic 100
62nd Tanzania 98
63rd Lithuania 98
64th Slovakia 98
65th Namibia 97
66th Honduras 96
67th Dominican Republic 96
68th Paraguay 94
69th Bangladesh 94
70th Hungary 93
71st Moldova 93
72nd Myanmar 92
73rd Poland 92
74th Guatemala 91
75th Peru 87
76th Iraq 87
77th Malaysia 86
78th Russia 84
79th Serbia 84
80th Mexico 83
81st Belarus 83
82nd Colombia 83
83rd Indonesia 83
84th Nigeria 82
85th Macedonia 82
86th Algeria 82
87th Bulgaria 81
88th Philippines 81
89th Albania 81
90th Nicaragua 80
91st Morocco 80
92nd Bolivia 79
93rd Romania 79
94th Vietnam 76
95th Sri Lanka 76
96th Bosnia and Herzegovina 76
97th Nepal 74
98th Egypt 73
99th India 73
100th Tunisia 71
101st Kazakhstan 70
102nd Azerbaijan 70
103rd Turkey 69
104th Armenia 68
105th Argentina 67
106th Georgia 66
107th Ukraine 63

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:
  • 63: Ukraine (cheapest)
  • 100: Czech Republic
  • 287: Bermuda (most expensive)