Cost of Living Index by Country
Scale:
- 44: Egypt (cheapest)
- 100: Czech Republic
- 240: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 240 |
| 2nd | Hong Kong | 204 |
| 3rd | Switzerland | 203 |
| 4th | Cayman Islands | 200 |
| 5th | Bahamas | 192 |
| 6th | Ireland | 181 |
| 7th | United States | 167 |
| 8th | Denmark | 165 |
| 9th | Israel | 164 |
| 10th | Norway | 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 Guyana is 38% cheaper than in Sweden
- Cost of living in Malta is 26% more expensive than in Greece
- Cost of living in Sweden is 108% more expensive than in Peru
- Cost of living in Mauritius is 49% cheaper than in Australia
- Cost of living in Saudi Arabia is 28% cheaper than in Canada
- Cost of living in Bulgaria is 7% cheaper than in Cambodia
- Cost of living in United States is 186% more expensive than in Paraguay
- Cost of living in Bermuda is 49% more expensive than in Australia
- Cost of living in Vietnam is 47% more expensive than in Colombia
- Cost of living in Ireland is 20% more expensive than in United Kingdom