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Cost of Living Index by Country

Scale:
  • 44: Egypt (cheapest)
  • 100: Czech Republic
  • 237: Bermuda (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Bermuda 237
2nd Singapore 227
3rd Cayman Islands 207
4th Switzerland 199
5th Bahamas 192
6th Hong Kong 180
7th Ireland 173
8th United States 166
9th Denmark 164
10th Norway 155
69th Kenya 67
70th Peru 66
71st Bolivia 62
72nd Kosovo 55
73rd Colombia 55
74th India 49
75th Egypt 44
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.

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