Cost of Living Index by Country
Scale:
- 66: India (cheapest)
- 100: Czech Republic
- 334: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 334 |
| 2nd | Cayman Islands | 327 |
| 3rd | Switzerland | 269 |
| 4th | Hong Kong | 262 |
| 5th | Bahamas | 246 |
| 6th | Ireland | 224 |
| 7th | Iceland | 218 |
| 8th | Singapore | 215 |
| 9th | Denmark | 213 |
| 10th | Norway | 206 |
| … | … | … |
| … | … | … |
| … | … | … |
| 84th | Paraguay | 76 |
| 85th | Mexico | 75 |
| 86th | Colombia | 73 |
| 87th | Kazakhstan | 72 |
| 88th | Georgia | 71 |
| 89th | Tunisia | 69 |
| 90th | India | 66 |
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 Japan is 88% more expensive than in Chile
- Cost of living in Albania is 31% cheaper than in Slovenia
- Cost of living in Peru is 10% cheaper than in Guatemala
- Cost of living in Latvia is 41% more expensive than in Egypt
- Cost of living in Iceland is 68% more expensive than in Greece
- Cost of living in Cyprus is 41% more expensive than in Ecuador
- Cost of living in Tunisia is 68% cheaper than in Singapore
- Cost of living in Romania is 43% cheaper than in Italy
- Cost of living in Portugal is 40% cheaper than in Denmark
- Cost of living in Thailand is 40% cheaper than in Japan