Cost of Living Ranking by Country

Ranking Country Price Index *
1st Bermuda 289
2nd Cayman Islands 249
3rd Hong Kong 233
4th Switzerland 232
5th Iceland 221
6th Norway 217
7th Ireland 199
8th Singapore 198
9th Qatar 196
10th Denmark 191
11th United Arab Emirates 184
12th New Zealand 181
13th Australia 180
14th United Kingdom 177
15th United States 177
16th Netherlands 175
17th France 172
18th Japan 169
19th Luxembourg 169
20th Israel 167
21st Sweden 167
22nd Finland 164
23rd Zimbabwe 157
24th Kuwait 155
25th Canada 154
26th Trinidad and Tobago 150
27th Germany 149
28th Puerto Rico 146
29th Austria 146
30th South Korea 143
31st Belgium 143
32nd Lebanon 140
33rd Palestinian Territory 139
34th Jordan 139
35th Italy 139
36th Oman 136
37th Mauritius 133
38th Malta 131
39th Uruguay 130
40th Spain 130
41st Panama 129
42nd Bahrain 127
43rd Costa Rica 123
44th Portugal 121
45th Cyprus 118
46th Greece 117
47th Taiwan 117
48th Saudi Arabia 116
49th Slovenia 116
50th Tanzania 112
51st Ghana 111
52nd Chile 110
53rd Estonia 109
54th Ethiopia 108
55th Latvia 105
56th Croatia 105
57th El Salvador 105
58th Kenya 104
59th South Africa 104
60th Brazil 103
61st China 102
62nd Namibia 101
63rd Czech Republic 100
64th Ecuador 98
65th Botswana 98
66th Guatemala 97
67th Dominican Republic 97
68th Zambia 97
69th Slovakia 97
70th Lithuania 96
71st Paraguay 94
72nd Hungary 93
73rd Moldova 93
74th Bangladesh 91
75th Peru 91
76th Poland 91
77th Iraq 87
78th Thailand 87
79th Malaysia 87
80th Belarus 86
81st Nicaragua 86
82nd Indonesia 85
83rd Russia 84
84th Nigeria 83
85th Philippines 83
86th Serbia 83
87th Bolivia 82
88th Colombia 82
89th Algeria 82
90th Mexico 81
91st Macedonia 81
92nd Albania 81
93rd Bulgaria 81
94th Morocco 81
95th Romania 79
96th Sri Lanka 78
97th Azerbaijan 78
98th Vietnam 77
99th Nepal 75
100th India 75
101st Bosnia and Herzegovina 75
102nd Turkey 74
103rd Georgia 73
104th Egypt 73
105th Armenia 71
106th Kazakhstan 69
107th Tunisia 69
108th Argentina 68
109th Ukraine 64

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:
  • 64: Ukraine (cheapest)
  • 100: Czech Republic
  • 289: Bermuda (most expensive)

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