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Cost of Living Index by Country

Scale:
  • 46: India (cheapest)
  • 100: Czech Republic
  • 217: Singapore (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Singapore 217
2nd Bahamas 213
3rd Bermuda 210
4th Switzerland 194
5th Cayman Islands 191
6th Hong Kong 174
7th Ireland 163
8th Denmark 158
9th United States 155
10th Netherlands 147
68th Malaysia 60
69th Kenya 60
70th Colombia 59
71st Turkey 59
72nd Bolivia 58
73rd Kosovo 52
74th India 46
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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