Cost of Living Index by Country
Scale:
- 49: India (cheapest)
- 100: Czech Republic
- 209: Switzerland (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Switzerland | 209 |
| 2nd | Singapore | 206 |
| 3rd | Bahamas | 198 |
| 4th | Cayman Islands | 195 |
| 5th | United States | 164 |
| 6th | Ireland | 162 |
| 7th | Hong Kong | 160 |
| 8th | Denmark | 157 |
| 9th | Australia | 152 |
| 10th | Norway | 150 |
| … | … | … |
| … | … | … |
| … | … | … |
| 64th | Indonesia | 67 |
| 65th | Vietnam | 65 |
| 66th | Colombia | 63 |
| 67th | Malaysia | 60 |
| 68th | Bolivia | 60 |
| 69th | Russia | 57 |
| 70th | India | 49 |
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 Palestinian Territory is 11% more expensive than in Mexico
- Cost of living in Bulgaria is 23% more expensive than in Malaysia
- Cost of living in Fiji is 30% cheaper than in Palestinian Territory
- Cost of living in Japan is 31% cheaper than in Denmark
- Cost of living in Singapore is 27% more expensive than in Ireland
- Cost of living in Philippines is 43% cheaper than in France
- Cost of living in Thailand is 22% cheaper than in Greece
- Cost of living in Malta is 61% more expensive than in Ecuador
- Cost of living in Luxembourg is 190% more expensive than in India
- Cost of living in Jordan is 27% cheaper than in Belgium