Cost of Living Index by Country
Scale:
- 58: India (cheapest)
- 100: Czech Republic
- 289: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 289 |
| 2nd | Cayman Islands | 272 |
| 3rd | Switzerland | 246 |
| 4th | Hong Kong | 227 |
| 5th | Bahamas | 227 |
| 6th | Ireland | 208 |
| 7th | Norway | 208 |
| 8th | Denmark | 197 |
| 9th | Luxembourg | 190 |
| 10th | Singapore | 189 |
| … | … | … |
| … | … | … |
| … | … | … |
| 77th | Ukraine | 66 |
| 78th | Tanzania | 65 |
| 79th | Tunisia | 65 |
| 80th | Paraguay | 65 |
| 81st | Georgia | 63 |
| 82nd | Kazakhstan | 62 |
| 83rd | 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 Albania is 51% cheaper than in United States
- Cost of living in Cayman Islands is 322% more expensive than in Argentina
- Cost of living in Taiwan is 155% more expensive than in India
- Cost of living in Peru is about the same as in Brazil
- Cost of living in Chile is 43% cheaper than in Australia
- Cost of living in Netherlands is 100% more expensive than in Indonesia
- Cost of living in Slovenia is 88% more expensive than in Turkey
- Cost of living in Kazakhstan is 60% cheaper than in Canada
- Cost of living in Tunisia is 12% more expensive than in India
- Cost of living in Albania is 28% cheaper than in Jordan