Cost of Living Index by Country
Scale:
- 54: Moldova (cheapest)
- 100: Czech Republic
- 280: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 280 |
| 2nd | Cayman Islands | 261 |
| 3rd | Hong Kong | 231 |
| 4th | Iceland | 230 |
| 5th | Bahamas | 224 |
| 6th | Switzerland | 222 |
| 7th | Singapore | 212 |
| 8th | United Kingdom | 195 |
| 9th | Norway | 193 |
| 10th | Ireland | 185 |
| … | … | … |
| … | … | … |
| … | … | … |
| 86th | Kazakhstan | 65 |
| 87th | Ukraine | 64 |
| 88th | Tanzania | 63 |
| 89th | Kosovo | 61 |
| 90th | Egypt | 56 |
| 91st | India | 55 |
| 92nd | Moldova | 54 |
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 Bulgaria is 43% cheaper than in Trinidad and Tobago
- Cost of living in Qatar is 58% more expensive than in Portugal
- Cost of living in Macao is 73% more expensive than in Hungary
- Cost of living in Hong Kong is 176% more expensive than in Bosnia and Herzegovina
- Cost of living in Botswana is 67% cheaper than in Hong Kong
- Cost of living in Kenya is 46% cheaper than in Japan
- Cost of living in Colombia is 38% cheaper than in China
- Cost of living in South Africa is about the same as in Croatia
- Cost of living in Luxembourg is about the same as in Finland
- Cost of living in Portugal is 33% more expensive than in Kenya