Cost of Living Index by Country
Scale:
- 44: Egypt (cheapest)
- 100: Czech Republic
- 238: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 238 |
| 2nd | Hong Kong | 203 |
| 3rd | Switzerland | 203 |
| 4th | Cayman Islands | 201 |
| 5th | Bahamas | 193 |
| 6th | Ireland | 181 |
| 7th | Norway | 166 |
| 8th | Denmark | 166 |
| 9th | United States | 165 |
| 10th | Israel | 162 |
| … | … | … |
| … | … | … |
| … | … | … |
| 64th | Peru | 64 |
| 65th | Bolivia | 61 |
| 66th | Paraguay | 58 |
| 67th | Colombia | 56 |
| 68th | Kosovo | 56 |
| 69th | India | 49 |
| 70th | Egypt | 44 |
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 Costa Rica is 12% more expensive than in China
- Cost of living in Romania is 27% more expensive than in Paraguay
- Cost of living in Uruguay is 137% more expensive than in India
- Cost of living in Bahamas is 23% more expensive than in Netherlands
- Cost of living in Bermuda is 86% more expensive than in Austria
- Cost of living in Fiji is 49% cheaper than in United Arab Emirates
- Cost of living in Portugal is 19% more expensive than in Guatemala
- Cost of living in Panama is 136% more expensive than in Egypt
- Cost of living in Russia is 50% cheaper than in Israel
- Cost of living in Mexico is 44% cheaper than in Finland