Cost of Living Index by Country
Scale:
- 58: India (cheapest)
- 100: Czech Republic
- 288: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 288 |
| 2nd | Cayman Islands | 271 |
| 3rd | Switzerland | 246 |
| 4th | Bahamas | 226 |
| 5th | Hong Kong | 226 |
| 6th | Norway | 209 |
| 7th | Ireland | 208 |
| 8th | Denmark | 194 |
| 9th | Luxembourg | 190 |
| 10th | Singapore | 189 |
| … | … | … |
| … | … | … |
| … | … | … |
| 76th | Ukraine | 66 |
| 77th | Tunisia | 65 |
| 78th | Tanzania | 65 |
| 79th | Paraguay | 64 |
| 80th | Georgia | 63 |
| 81st | Kazakhstan | 62 |
| 82nd | India | 58 |
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.
Other Country Comparisons
- Cost of living in Japan is 71% more expensive than in Indonesia
- Cost of living in New Zealand is 7% cheaper than in Singapore
- Cost of living in Pakistan is 78% cheaper than in Hong Kong
- Cost of living in Sweden is 38% more expensive than in Jordan
- Cost of living in Albania is 17% more expensive than in Mexico
- Cost of living in Italy is 8% cheaper than in Canada
- Cost of living in Netherlands is 65% more expensive than in Croatia
- Cost of living in Thailand is 36% cheaper than in Finland
- Cost of living in Japan is 72% more expensive than in Ecuador
- Cost of living in Ireland is 205% more expensive than in Colombia