Cost of Living Ranking by Country

Ranking Country Price Index *
1st Bermuda 296
2nd Iceland 261
3rd Cayman Islands 252
4th Switzerland 240
5th Hong Kong 229
6th Norway 228
7th Qatar 206
8th Ireland 204
9th Singapore 199
10th Denmark 191
11th Australia 189
12th United Arab Emirates 184
13th United Kingdom 180
14th New Zealand 180
15th United States 177
16th Netherlands 177
17th Luxembourg 176
18th Israel 175
19th France 174
20th Japan 173
21st Finland 168
22nd Sweden 168
23rd Kuwait 166
24th Canada 159
25th Austria 151
26th Germany 149
27th Puerto Rico 146
28th Belgium 145
29th Trinidad and Tobago 145
30th South Korea 143
31st Italy 140
32nd Uruguay 137
33rd Oman 136
34th Malta 135
35th Lebanon 135
36th Spain 132
37th Jordan 128
38th Costa Rica 127
39th Panama 125
40th Ethiopia 124
41st Bahrain 123
42nd Greece 122
43rd Portugal 120
44th Slovenia 118
45th Taiwan 117
46th Cyprus 117
47th Chile 113
48th Thailand 112
49th Saudi Arabia 111
50th Fiji 110
51st Jamaica 108
52nd Estonia 107
53rd Latvia 106
54th Kenya 106
55th Croatia 106
56th South Africa 104
57th Moldova 104
58th El Salvador 103
59th China 102
60th Brazil 102
61st Ecuador 101
62nd Tanzania 101
63rd Slovakia 100
64th Czech Republic 100
65th Lithuania 99
66th Uganda 99
67th Namibia 99
68th Paraguay 97
69th Guatemala 97
70th Dominican Republic 96
71st Hungary 93
72nd Honduras 92
73rd Poland 90
74th Peru 90
75th Malaysia 90
76th Colombia 89
77th Nigeria 85
78th Iraq 85
79th Mexico 85
80th Serbia 84
81st Russia 84
82nd Indonesia 83
83rd Philippines 82
84th Bulgaria 82
85th Bangladesh 82
86th Bolivia 81
87th Nicaragua 80
88th Morocco 80
89th Albania 79
90th Macedonia 79
91st Romania 79
92nd Vietnam 77
93rd Algeria 77
94th Argentina 77
95th Bosnia and Herzegovina 76
96th Nepal 76
97th Georgia 74
98th Sri Lanka 74
99th Tunisia 72
100th Kazakhstan 72
101st India 71
102nd Azerbaijan 70
103rd Egypt 70
104th Belarus 70
105th Armenia 67
106th Ukraine 65
107th Turkey 56

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:
  • 56: Turkey (cheapest)
  • 100: Czech Republic
  • 296: Bermuda (most expensive)