Cost of Living Index by Country
Scale:
- 54: India (cheapest)
- 100: Czech Republic
- 282: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 282 |
| 2nd | Cayman Islands | 256 |
| 3rd | Switzerland | 229 |
| 4th | Iceland | 223 |
| 5th | Hong Kong | 222 |
| 6th | Ireland | 211 |
| 7th | Bahamas | 207 |
| 8th | Norway | 206 |
| 9th | Singapore | 192 |
| 10th | Luxembourg | 192 |
| … | … | … |
| … | … | … |
| … | … | … |
| 72nd | Paraguay | 64 |
| 73rd | Tunisia | 64 |
| 74th | Ukraine | 61 |
| 75th | Turkey | 61 |
| 76th | Azerbaijan | 60 |
| 77th | Kazakhstan | 58 |
| 78th | India | 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 Romania is 32% cheaper than in Portugal
- Cost of living in Puerto Rico is 4% more expensive than in Taiwan
- Cost of living in Kenya is 8% cheaper than in Hungary
- Cost of living in Bolivia is 54% cheaper than in Belgium
- Cost of living in Uruguay is 19% more expensive than in Hungary
- Cost of living in Croatia is 31% more expensive than in Guatemala
- Cost of living in Paraguay is 57% cheaper than in Germany
- Cost of living in Turkey is 62% cheaper than in Austria
- Cost of living in Chile is 46% more expensive than in Bolivia
- Cost of living in Slovenia is 20% more expensive than in Cuba