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The original source for International Cost-of-Living Comparisons
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Cost of Living Index by Country

Scale:
  • 59: Ukraine (cheapest)
  • 100: Czech Republic
  • 300: Bermuda (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Bermuda 300
2nd Hong Kong 261
3rd Bahamas 240
4th Switzerland 234
5th Singapore 232
6th Ireland 191
7th United States 191
8th Israel 191
9th Qatar 189
10th Norway 188
71st Peru 77
72nd Bolivia 73
73rd Tanzania 64
74th Colombia 64
75th Kosovo 61
76th India 59
77th Ukraine 59
See the full Cost of Living Ranking by Country

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.

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