Cost of Living Ranking by Country

Ranking Country Price Index *
1st Bermuda 297
2nd Cayman Islands 274
3rd Hong Kong 244
4th Bahamas 237
5th Iceland 236
6th Switzerland 230
7th Singapore 222
8th United Kingdom 203
9th Norway 199
10th Ireland 192
11th Israel 189
12th New Zealand 188
13th United States 187
14th Qatar 183
15th Canada 182
16th Australia 181
17th United Arab Emirates 180
18th Denmark 179
19th Netherlands 178
20th Finland 170
21st Luxembourg 167
22nd Japan 165
24th Barbados 162
25th Malta 159
26th Germany 150
27th Macao 148
28th Sweden 146
29th Bahrain 144
30th Palestinian Territory 144
31st South Korea 143
32nd Austria 143
33rd Belgium 142
34th France 142
35th Trinidad and Tobago 140
36th Uruguay 130
37th Italy 128
38th Slovenia 124
39th Senegal 122
40th Jordan 120
41st China 117
42nd Spain 116
43rd Portugal 113
44th Taiwan 112
45th Estonia 109
46th Lithuania 107
47th Costa Rica 106
48th Slovakia 106
49th Latvia 106
50th Greece 103
51st Mauritius 103
52nd Russia 103
53rd Ivory Coast 102
54th Croatia 102
55th Cambodia 101
56th Uganda 100
57th South Africa 100
58th Venezuela 100
59th Czech Republic 100
60th El Salvador 99
61st Chile 99
62nd Fiji 99
63rd Thailand 97
64th Dominican Republic 97
65th Guyana 97
66th Philippines 96
67th Ecuador 90
68th Brazil 90
69th Mexico 88
70th Bosnia and Herzegovina 88
71st Vietnam 88
72nd Hungary 87
73rd Serbia 85
74th Poland 84
75th Indonesia 84
76th Kenya 83
77th Malaysia 81
78th Peru 81
79th Romania 80
80th Botswana 80
81st Morocco 78
82nd Bulgaria 77
83rd Kyrgyzstan 72
84th Paraguay 71
85th Tunisia 70
86th Colombia 70
87th Kazakhstan 69
88th Ukraine 69
89th Tanzania 67
90th Azerbaijan 67
91st Kosovo 64
92nd Egypt 61
93rd India 59
94th Moldova 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: Moldova (cheapest)
  • 100: Czech Republic
  • 297: Bermuda (most expensive)

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