Cost of Living Ranking by Country

Ranking Country Price Index *
1st Bermuda 286
2nd Iceland 254
3rd Cayman Islands 252
4th Switzerland 231
5th Hong Kong 226
6th Norway 224
7th Ireland 203
8th Singapore 199
9th Denmark 192
10th Qatar 190
11th Australia 189
12th United Kingdom 185
13th New Zealand 179
14th United Arab Emirates 179
15th France 179
16th Luxembourg 176
17th Israel 176
18th United States 175
19th Netherlands 175
20th Japan 171
21st Finland 170
22nd Sweden 168
23rd Canada 157
24th Kuwait 156
25th Austria 152
26th Germany 151
27th South Korea 147
28th Belgium 146
29th Trinidad and Tobago 144
30th Italy 141
31st Puerto Rico 140
32nd Malta 139
33rd Costa Rica 138
34th Spain 133
35th Lebanon 132
36th Uruguay 130
37th Oman 130
38th Jordan 128
39th Russia 126
40th Estonia 126
41st Ethiopia 126
42nd Bahrain 125
43rd Fiji 124
44th Slovenia 122
45th Cyprus 122
46th Mauritius 122
47th Greece 121
48th China 120
49th Panama 119
50th Portugal 118
51st Thailand 117
52nd Jamaica 116
53rd Taiwan 115
54th Chile 114
55th South Africa 111
56th Botswana 109
57th Saudi Arabia 108
58th Croatia 107
59th Bangladesh 107
60th Latvia 106
61st Kenya 103
62nd Brazil 103
63rd Sri Lanka 103
64th Slovakia 102
65th Lithuania 101
66th Uganda 101
67th Czech Republic 100
68th El Salvador 99
69th Tanzania 98
70th Moldova 96
71st Guatemala 96
72nd Paraguay 95
73rd Ecuador 94
74th Hungary 94
75th Malaysia 92
76th Dominican Republic 92
77th Poland 92
78th Nigeria 88
79th Peru 87
80th Colombia 87
81st Montenegro 87
82nd Honduras 87
83rd Argentina 86
84th Serbia 86
85th Iraq 83
86th Indonesia 82
87th Bulgaria 81
88th Turkey 81
89th Philippines 80
90th Morocco 80
91st Romania 80
92nd Vietnam 79
93rd Nepal 79
94th Algeria 79
95th Macedonia 78
96th Albania 78
97th Mexico 78
98th Egypt 78
99th Bosnia and Herzegovina 76
100th Georgia 76
101st Bolivia 76
102nd India 76
103rd Nicaragua 76
104th Kazakhstan 74
105th Tunisia 73
106th Ukraine 72
107th Armenia 70
108th Azerbaijan 69
109th Belarus 69

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:
  • 69: Belarus (cheapest)
  • 100: Czech Republic
  • 286: Bermuda (most expensive)