Cost of Living Index by Country
Scale:
- 44: Egypt (cheapest)
- 100: Czech Republic
- 237: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 237 |
| 2nd | Singapore | 227 |
| 3rd | Cayman Islands | 207 |
| 4th | Switzerland | 199 |
| 5th | Bahamas | 192 |
| 6th | Hong Kong | 180 |
| 7th | Ireland | 173 |
| 8th | United States | 166 |
| 9th | Denmark | 164 |
| 10th | Norway | 155 |
| … | … | … |
| … | … | … |
| … | … | … |
| 69th | Kenya | 67 |
| 70th | Peru | 66 |
| 71st | Bolivia | 62 |
| 72nd | Kosovo | 55 |
| 73rd | Colombia | 55 |
| 74th | India | 49 |
| 75th | 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 Bermuda is 280% more expensive than in Bolivia
- Cost of living in New Zealand is 31% more expensive than in Dominican Republic
- Cost of living in Uruguay is 12% cheaper than in Japan
- Cost of living in Guyana is 49% more expensive than in Kosovo
- Cost of living in Panama is 11% cheaper than in South Korea
- Cost of living in Taiwan is 12% more expensive than in Thailand
- Cost of living in South Korea is 28% cheaper than in Ireland
- Cost of living in Guyana is 36% cheaper than in France
- Cost of living in Fiji is 10% cheaper than in Mexico
- Cost of living in Cambodia is 45% cheaper than in Israel