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 | 226 |
| 5th | Iceland | 225 |
| 6th | Bahamas | 212 |
| 7th | Ireland | 211 |
| 8th | Norway | 211 |
| 9th | Singapore | 196 |
| 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 Lithuania is 37% cheaper than in United Kingdom
- Cost of living in Romania is 48% cheaper than in Canada
- Cost of living in Singapore is 28% more expensive than in Canada
- Cost of living in Malaysia is 57% cheaper than in Denmark
- Cost of living in Bahrain is 71% more expensive than in Brazil
- Cost of living in Jordan is 29% cheaper than in Canada
- Cost of living in Serbia is 22% cheaper than in Cuba
- Cost of living in Ecuador is 6% more expensive than in Bangladesh
- Cost of living in Serbia is 51% cheaper than in Austria
- Cost of living in Turkey is 28% cheaper than in Philippines