Cost of Living Index by Country
Scale:
- 57: Moldova (cheapest)
- 100: Czech Republic
- 296: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 296 |
| 2nd | Cayman Islands | 273 |
| 3rd | Hong Kong | 244 |
| 4th | Bahamas | 237 |
| 5th | Iceland | 237 |
| 6th | Switzerland | 230 |
| 7th | Singapore | 221 |
| 8th | United Kingdom | 204 |
| 9th | Norway | 198 |
| 10th | Ireland | 191 |
| … | … | … |
| … | … | … |
| … | … | … |
| 88th | Ukraine | 69 |
| 89th | Tanzania | 67 |
| 90th | Azerbaijan | 66 |
| 91st | Kosovo | 63 |
| 92nd | Egypt | 61 |
| 93rd | India | 59 |
| 94th | Moldova | 57 |
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 India is 17% cheaper than in Colombia
- Cost of living in Uganda is 29% cheaper than in France
- Cost of living in Czech Republic is 10% more expensive than in Brazil
- Cost of living in Sweden is 40% cheaper than in Hong Kong
- Cost of living in Trinidad and Tobago is 32% cheaper than in United Kingdom
- Cost of living in Barbados is 57% more expensive than in Greece
- Cost of living in Cayman Islands is 19% more expensive than in Switzerland
- Cost of living in Costa Rica is 54% more expensive than in Ukraine
- Cost of living in Uganda is 59% cheaper than in Hong Kong
- Cost of living in Switzerland is 38% more expensive than in Luxembourg