Cost of Living Ranking by Country

Ranking Country Price Index *
1st Bermuda 273
2nd Cayman Islands 253
3rd Iceland 235
4th Hong Kong 226
5th Switzerland 220
6th Bahamas 218
7th Norway 213
8th Qatar 198
9th Ireland 197
10th Singapore 195
11th United Kingdom 187
12th Denmark 185
13th United Arab Emirates 181
14th New Zealand 176
15th Japan 176
16th Australia 174
17th United States 172
18th Israel 171
19th Netherlands 168
20th Luxembourg 168
21st Sweden 166
22nd France 166
23rd Finland 164
24th Zimbabwe 156
25th Canada 152
26th Kuwait 152
27th Germany 147
28th Belgium 143
29th Palestinian Territory 142
30th Lebanon 142
31st Trinidad and Tobago 142
32nd Austria 142
33rd Puerto Rico 140
34th Panama 140
35th Jordan 136
36th Italy 136
37th South Korea 134
38th Bahrain 133
39th Mauritius 133
40th Oman 130
41st Malta 129
42nd Spain 127
43rd Jamaica 126
44th Uruguay 125
45th Cyprus 124
46th Costa Rica 120
47th Portugal 118
48th Estonia 118
49th Greece 117
50th Taiwan 115
51st Slovenia 114
52nd Ethiopia 110
53rd Chile 109
54th Saudi Arabia 108
55th Latvia 107
56th Namibia 106
57th Croatia 104
58th Brazil 104
59th Ecuador 103
60th El Salvador 102
61st South Africa 101
62nd Kenya 100
63rd Belarus 100
64th Czech Republic 100
65th China 99
66th Botswana 98
67th Slovakia 97
68th Zambia 97
69th Guatemala 96
70th Dominican Republic 95
71st Lithuania 95
72nd Hungary 94
73rd Indonesia 92
74th Poland 91
75th Malaysia 89
76th Peru 89
77th Iraq 89
78th Thailand 89
79th Russia 87
80th Paraguay 86
81st Nicaragua 86
82nd Bangladesh 86
83rd Mexico 86
84th Uganda 86
85th Bolivia 85
86th Colombia 84
87th Nigeria 84
88th Bulgaria 82
89th Sri Lanka 82
90th Serbia 81
91st Philippines 81
92nd Albania 81
93rd Macedonia 80
94th India 80
95th Algeria 79
96th Morocco 79
97th Romania 78
98th Egypt 77
99th Vietnam 76
100th Turkey 75
101st Kazakhstan 74
102nd Bosnia and Herzegovina 73
103rd Argentina 71
104th Azerbaijan 70
105th Moldova 70
106th Georgia 69
107th Tunisia 67
108th Ukraine 67
109th Armenia 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: Armenia (cheapest)
  • 100: Czech Republic
  • 273: Bermuda (most expensive)

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