Cost of Living Ranking by Country

Ranking Country Price Index *
1st Bermuda 295
2nd Iceland 260
3rd Cayman Islands 252
4th Switzerland 238
5th Hong Kong 229
6th Norway 222
7th Qatar 205
8th Ireland 204
9th Singapore 199
10th Denmark 191
11th Australia 189
12th United Arab Emirates 184
13th New Zealand 180
14th United Kingdom 179
15th United States 177
16th Netherlands 177
17th Israel 176
18th Luxembourg 174
19th France 174
20th Japan 174
21st Finland 169
22nd Kuwait 166
23rd Sweden 166
24th Canada 159
25th Austria 150
26th Germany 148
27th Puerto Rico 146
28th Belgium 145
29th Trinidad and Tobago 145
30th South Korea 144
31st Italy 140
32nd Oman 136
33rd Malta 135
34th Lebanon 134
35th Uruguay 133
36th Spain 132
37th Jordan 127
38th Costa Rica 127
39th Panama 125
40th Ethiopia 124
41st Myanmar 124
42nd Bahrain 123
43rd Greece 121
44th Portugal 120
45th Slovenia 118
46th Taiwan 117
47th Cyprus 117
48th Chile 111
49th Saudi Arabia 111
50th Thailand 111
51st Fiji 110
52nd Jamaica 108
53rd Estonia 107
54th Croatia 106
55th Latvia 106
56th Kenya 106
57th Moldova 103
58th El Salvador 103
59th China 102
60th Brazil 101
61st Tanzania 101
62nd South Africa 101
63rd Ecuador 101
64th Slovakia 100
65th Czech Republic 100
66th Lithuania 99
67th Uganda 99
68th Paraguay 97
69th Guatemala 96
70th Dominican Republic 96
71st Namibia 95
72nd Hungary 93
73rd Honduras 91
74th Poland 90
75th Malaysia 89
76th Peru 89
77th Colombia 86
78th Mexico 85
79th Russia 85
80th Iraq 84
81st Nigeria 84
82nd Serbia 84
83rd Indonesia 83
84th Philippines 82
85th Bulgaria 82
86th Bangladesh 82
87th Bosnia and Herzegovina 82
88th Bolivia 80
89th Nicaragua 80
90th Morocco 80
91st Albania 79
92nd Macedonia 79
93rd Romania 79
94th Argentina 77
95th Vietnam 77
96th Algeria 77
97th Nepal 76
98th Georgia 74
99th Sri Lanka 74
100th Kazakhstan 72
101st Tunisia 72
102nd Azerbaijan 70
103rd India 70
104th Belarus 70
105th Egypt 70
106th Armenia 67
107th Ukraine 64
108th Turkey 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: Turkey (cheapest)
  • 100: Czech Republic
  • 295: Bermuda (most expensive)