Cost of Living Index by Country
Scale:
- 65: India (cheapest)
- 100: Czech Republic
- 319: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 319 |
| 2nd | Cayman Islands | 316 |
| 3rd | Switzerland | 257 |
| 4th | Hong Kong | 252 |
| 5th | Bahamas | 236 |
| 6th | Ireland | 219 |
| 7th | Iceland | 216 |
| 8th | Denmark | 209 |
| 9th | Singapore | 203 |
| 10th | Norway | 200 |
| … | … | … |
| … | … | … |
| … | … | … |
| 84th | Ukraine | 75 |
| 85th | Paraguay | 73 |
| 86th | Colombia | 70 |
| 87th | Kazakhstan | 68 |
| 88th | Tunisia | 67 |
| 89th | Georgia | 66 |
| 90th | India | 65 |
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 South Africa is 6% cheaper than in Malaysia
- Cost of living in Tunisia is 21% cheaper than in Bosnia and Herzegovina
- Cost of living in Dominican Republic is about the same as in Bulgaria
- Cost of living in Japan is about the same as in United Kingdom
- Cost of living in Palestinian Territory is 34% cheaper than in Ireland
- Cost of living in Croatia is 45% cheaper than in Denmark
- Cost of living in France is 33% more expensive than in Spain
- Cost of living in Serbia is 51% cheaper than in United Arab Emirates
- Cost of living in Morocco is 32% cheaper than in Jordan
- Cost of living in Poland is 4% more expensive than in Bolivia