Cost of Living Ranking by Country

Ranking Country Price Index *
1st Bermuda 293
2nd Iceland 243
3rd Switzerland 240
4th Norway 215
5th Hong Kong 205
6th Ireland 200
7th Australia 193
8th Singapore 192
9th Denmark 188
10th United Kingdom 183
11th New Zealand 180
12th France 178
13th Qatar 177
14th Luxembourg 176
15th Netherlands 174
16th Sweden 170
17th Finland 168
18th Israel 167
19th Japan 164
20th United Arab Emirates 164
21st United States 164
22nd Germany 152
23rd Canada 152
24th Belgium 149
25th Austria 148
26th South Korea 146
27th Malta 144
28th Italy 141
29th Kuwait 137
30th Spain 135
31st Lebanon 132
32nd Puerto Rico 129
33rd Uruguay 128
34th Estonia 125
35th Trinidad and Tobago 124
36th Oman 124
37th Greece 121
38th Portugal 120
39th Slovenia 119
40th Costa Rica 117
41st Bahrain 117
42nd Cyprus 116
43rd Panama 114
44th South Africa 114
45th Brazil 113
46th Jordan 112
47th Chile 112
48th Thailand 111
49th Namibia 110
50th Taiwan 109
51st Saudi Arabia 109
52nd Jamaica 108
53rd China 107
54th Latvia 106
55th Croatia 104
56th Fiji 103
57th Slovakia 102
58th Lithuania 101
59th Czech Republic 100
60th Poland 99
61st Botswana 97
62nd Russia 96
63rd Hungary 96
64th Kenya 95
65th Dominican Republic 94
66th Argentina 93
67th Guatemala 92
68th Ethiopia 91
69th Paraguay 90
70th Zimbabwe 90
71st Tanzania 88
72nd Turkey 88
73rd Malaysia 87
74th Ukraine 87
75th Montenegro 87
76th Serbia 86
77th Colombia 85
78th Peru 85
79th El Salvador 84
80th Ecuador 81
81st Bulgaria 80
82nd Bangladesh 80
83rd Mexico 79
84th Algeria 79
85th Uganda 79
86th Romania 78
87th Indonesia 77
88th Philippines 77
89th Morocco 77
90th Honduras 76
91st Bosnia and Herzegovina 76
92nd Vietnam 75
93rd Macedonia 74
94th Albania 73
95th Mongolia 73
96th India 72
97th Nepal 72
98th Kazakhstan 72
99th Georgia 71
100th Bolivia 71
101st Kosovo 70
102nd Moldova 67
103rd Tunisia 66
104th Sri Lanka 65
105th Armenia 64
106th Egypt 62
107th Belarus 61
108th Azerbaijan 60

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:
  • 60: Azerbaijan (cheapest)
  • 100: Czech Republic
  • 293: Bermuda (most expensive)