Cost of Living Index by Country
Scale:
- 45: Egypt (cheapest)
- 100: Czech Republic
- 240: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 240 |
| 2nd | Hong Kong | 204 |
| 3rd | Switzerland | 204 |
| 4th | Cayman Islands | 202 |
| 5th | Bahamas | 194 |
| 6th | Ireland | 183 |
| 7th | Norway | 169 |
| 8th | Denmark | 167 |
| 9th | United States | 166 |
| 10th | Australia | 162 |
| … | … | … |
| … | … | … |
| … | … | … |
| 63rd | Peru | 65 |
| 64th | Bolivia | 61 |
| 65th | Paraguay | 58 |
| 66th | Colombia | 57 |
| 67th | Kosovo | 56 |
| 68th | India | 50 |
| 69th | Egypt | 45 |
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 Qatar is 124% more expensive than in Indonesia
- Cost of living in Malaysia is 10% cheaper than in Mexico
- Cost of living in Bermuda is 48% more expensive than in Israel
- Cost of living in El Salvador is 35% more expensive than in Bolivia
- Cost of living in Sweden is 174% more expensive than in India
- Cost of living in Japan is 35% more expensive than in Spain
- Cost of living in Palestinian Territory is 17% cheaper than in Japan
- Cost of living in Costa Rica is 34% cheaper than in Denmark
- Cost of living in Bermuda is 31% more expensive than in Ireland
- Cost of living in Romania is 52% cheaper than in United Kingdom