Cost of Living Ranking by Country

Ranking Country Price Index *
1st Bermuda 277
2nd Iceland 255
3rd Switzerland 226
4th Norway 221
5th Hong Kong 213
6th Ireland 199
7th Singapore 196
8th Denmark 192
9th Australia 185
10th United Kingdom 183
11th France 180
12th New Zealand 178
13th Qatar 176
14th Luxembourg 176
15th Netherlands 174
16th United Arab Emirates 171
17th Israel 170
18th Finland 170
19th United States 167
20th Japan 166
21st Sweden 164
22nd Austria 153
23rd Canada 151
24th Germany 151
25th Belgium 147
26th Kuwait 144
27th South Korea 143
28th Italy 140
29th Trinidad and Tobago 140
30th Uruguay 136
31st Costa Rica 135
32nd Puerto Rico 134
33rd Spain 134
34th Lebanon 127
35th Estonia 125
36th Russia 125
37th Jordan 125
38th Oman 123
39th Slovenia 123
40th Mauritius 122
41st Ethiopia 121
42nd Fiji 121
43rd China 121
44th Cyprus 121
45th Bahrain 120
46th Greece 120
47th Portugal 119
48th Panama 117
49th Chile 115
50th Jamaica 114
51st Thailand 113
52nd South Africa 111
53rd Taiwan 110
54th Botswana 109
55th Brazil 109
56th Latvia 106
57th Croatia 106
58th Saudi Arabia 104
59th Bangladesh 104
60th Kenya 103
61st Slovakia 102
62nd Lithuania 101
63rd Sri Lanka 100
64th Czech Republic 100
65th Argentina 97
66th Hungary 97
67th Guatemala 96
68th El Salvador 95
69th Tanzania 95
70th Poland 94
71st Moldova 93
72nd Paraguay 93
73rd Malaysia 91
74th Colombia 90
75th Ecuador 89
76th Tunisia 89
77th Dominican Republic 87
78th Serbia 87
79th Montenegro 87
80th Uganda 86
81st Peru 85
82nd Turkey 85
83rd Nepal 82
84th Ukraine 82
85th Honduras 82
86th Nigeria 81
87th Macedonia 81
88th Indonesia 81
89th Mexico 81
90th Albania 80
91st Morocco 80
92nd Bulgaria 80
93rd Algeria 80
94th Romania 79
95th Philippines 78
96th Vietnam 78
97th Bosnia and Herzegovina 77
98th Bolivia 74
99th India 73
100th Georgia 73
101st Kazakhstan 71
102nd Egypt 71
103rd Kosovo 71
104th Azerbaijan 67
105th Armenia 66
106th Belarus 65

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:
  • 65: Belarus (cheapest)
  • 100: Czech Republic
  • 277: Bermuda (most expensive)

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