Cost of Living Index by Country
Scale:
- 58: India (cheapest)
- 100: Czech Republic
- 288: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 288 |
| 2nd | Hong Kong | 254 |
| 3rd | Cayman Islands | 249 |
| 4th | Switzerland | 240 |
| 5th | Bahamas | 232 |
| 6th | Ireland | 202 |
| 7th | United States | 198 |
| 8th | Denmark | 196 |
| 9th | Norway | 194 |
| 10th | Barbados | 189 |
| … | … | … |
| … | … | … |
| … | … | … |
| 70th | Peru | 78 |
| 71st | Bolivia | 72 |
| 72nd | Paraguay | 70 |
| 73rd | Kosovo | 64 |
| 74th | Colombia | 60 |
| 75th | Tanzania | 58 |
| 76th | India | 58 |
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 Indonesia is 68% cheaper than in Hong Kong
- Cost of living in Germany is 115% more expensive than in Bolivia
- Cost of living in Hong Kong is 131% more expensive than in China
- Cost of living in New Zealand is 75% more expensive than in Chile
- Cost of living in Costa Rica is 28% cheaper than in Finland
- Cost of living in Sweden is 42% cheaper than in Hong Kong
- Cost of living in Panama is 13% cheaper than in South Korea
- Cost of living in Norway is 92% more expensive than in Guatemala
- Cost of living in Cayman Islands is 183% more expensive than in Argentina
- Cost of living in Switzerland is 55% more expensive than in Japan