Cost of Living Index by Country
Scale:
- 61: India (cheapest)
- 100: Czech Republic
- 297: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 297 |
| 2nd | Cayman Islands | 276 |
| 3rd | Switzerland | 252 |
| 4th | Hong Kong | 233 |
| 5th | Bahamas | 232 |
| 6th | Ireland | 221 |
| 7th | Norway | 207 |
| 8th | Singapore | 200 |
| 9th | Netherlands | 197 |
| 10th | Denmark | 196 |
| … | … | … |
| … | … | … |
| … | … | … |
| 71st | Colombia | 69 |
| 72nd | Ukraine | 66 |
| 73rd | Turkey | 65 |
| 74th | Paraguay | 64 |
| 75th | Georgia | 63 |
| 76th | Kazakhstan | 62 |
| 77th | India | 61 |
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 Portugal is 35% cheaper than in United Kingdom
- Cost of living in France is 134% more expensive than in Brazil
- Cost of living in Tunisia is 13% cheaper than in Morocco
- Cost of living in Turkey is 63% cheaper than in France
- Cost of living in Costa Rica is 54% more expensive than in Colombia
- Cost of living in Switzerland is 152% more expensive than in Chile
- Cost of living in Puerto Rico is 11% more expensive than in Jordan
- Cost of living in Mauritius is 10% cheaper than in Portugal
- Cost of living in Philippines is 37% cheaper than in Belgium
- Cost of living in Philippines is 48% more expensive than in Argentina