Cost of Living Index by Country
Scale:
- 55: India (cheapest)
- 100: Czech Republic
- 290: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 290 |
| 2nd | Cayman Islands | 262 |
| 3rd | Switzerland | 230 |
| 4th | Hong Kong | 227 |
| 5th | Iceland | 225 |
| 6th | Bahamas | 212 |
| 7th | Ireland | 211 |
| 8th | Norway | 211 |
| 9th | Singapore | 195 |
| 10th | Qatar | 195 |
| … | … | … |
| … | … | … |
| … | … | … |
| 75th | Tunisia | 67 |
| 76th | Egypt | 66 |
| 77th | Turkey | 64 |
| 78th | Ukraine | 60 |
| 79th | Georgia | 60 |
| 80th | Kazakhstan | 58 |
| 81st | 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 Costa Rica is 41% more expensive than in Colombia
- Cost of living in Portugal is 68% more expensive than in Bolivia
- Cost of living in Switzerland is 43% more expensive than in France
- Cost of living in Jordan is 29% cheaper than in Canada
- Cost of living in Latvia is 23% cheaper than in Canada
- Cost of living in Kazakhstan is 61% cheaper than in Belgium
- Cost of living in Japan is 30% more expensive than in Italy
- Cost of living in Serbia is 21% more expensive than in Egypt
- Cost of living in Puerto Rico is 32% cheaper than in New Zealand
- Cost of living in Singapore is 95% more expensive than in Czech Republic