Cost of Living Index by Country
Scale:
- 55: India (cheapest)
- 100: Czech Republic
- 291: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 291 |
| 2nd | Switzerland | 230 |
| 3rd | Hong Kong | 219 |
| 4th | Bahamas | 208 |
| 5th | Ireland | 204 |
| 6th | Norway | 203 |
| 7th | Singapore | 189 |
| 8th | Australia | 187 |
| 9th | Luxembourg | 184 |
| 10th | Netherlands | 182 |
| … | … | … |
| … | … | … |
| … | … | … |
| 71st | Egypt | 66 |
| 72nd | Paraguay | 62 |
| 73rd | Azerbaijan | 60 |
| 74th | Kazakhstan | 59 |
| 75th | Ukraine | 59 |
| 76th | Georgia | 56 |
| 77th | India | 55 |
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 Guatemala is 44% cheaper than in Germany
- Cost of living in Bahamas is 152% more expensive than in Indonesia
- Cost of living in Dominican Republic is about the same as in Brazil
- Cost of living in Kenya is 12% cheaper than in Chile
- Cost of living in Puerto Rico is 22% more expensive than in China
- Cost of living in Colombia is 55% cheaper than in Austria
- Cost of living in Costa Rica is 6% cheaper than in Czech Republic
- Cost of living in Bahrain is 94% more expensive than in Azerbaijan
- Cost of living in Paraguay is 24% cheaper than in Ecuador
- Cost of living in New Zealand is 167% more expensive than in Colombia