Cost of Living Index by Country
Scale:
- 61: India (cheapest)
- 100: Czech Republic
- 301: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 301 |
| 2nd | Cayman Islands | 281 |
| 3rd | Switzerland | 250 |
| 4th | Bahamas | 236 |
| 5th | Hong Kong | 234 |
| 6th | Ireland | 217 |
| 7th | Norway | 202 |
| 8th | Singapore | 198 |
| 9th | Qatar | 197 |
| 10th | Denmark | 195 |
| … | … | … |
| … | … | … |
| … | … | … |
| 73rd | Colombia | 69 |
| 74th | Turkey | 67 |
| 75th | Ukraine | 67 |
| 76th | Paraguay | 65 |
| 77th | Kazakhstan | 63 |
| 78th | Georgia | 62 |
| 79th | 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 Netherlands is 20% more expensive than in Belgium
- Cost of living in Slovenia is 15% more expensive than in Croatia
- Cost of living in Bermuda is 226% more expensive than in Kenya
- Cost of living in Panama is 75% more expensive than in Argentina
- Cost of living in Thailand is 31% more expensive than in Dominican Republic
- Cost of living in New Zealand is 126% more expensive than in Bolivia
- Cost of living in New Zealand is 9% more expensive than in South Korea
- Cost of living in Bahrain is 27% more expensive than in Czech Republic
- Cost of living in New Zealand is 66% more expensive than in Slovakia
- Cost of living in Tunisia is 6% more expensive than in Paraguay