Cost of Living Index by Country
Scale:
- 61: India (cheapest)
- 100: Czech Republic
- 297: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 297 |
| 2nd | Cayman Islands | 276 |
| 3rd | Switzerland | 252 |
| 4th | Bahamas | 233 |
| 5th | Hong Kong | 231 |
| 6th | Ireland | 221 |
| 7th | Norway | 206 |
| 8th | Singapore | 200 |
| 9th | Netherlands | 197 |
| 10th | Denmark | 196 |
| … | … | … |
| … | … | … |
| … | … | … |
| 71st | Colombia | 69 |
| 72nd | Turkey | 66 |
| 73rd | Ukraine | 66 |
| 74th | Paraguay | 64 |
| 75th | Georgia | 63 |
| 76th | Kazakhstan | 62 |
| 77th | India | 61 |
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 Serbia is 52% cheaper than in France
- Cost of living in Tunisia is 28% cheaper than in Czech Republic
- Cost of living in Chile is 16% more expensive than in Bulgaria
- Cost of living in Slovenia is 48% cheaper than in Switzerland
- Cost of living in Costa Rica is 22% cheaper than in Spain
- Cost of living in Poland is 30% more expensive than in Azerbaijan
- Cost of living in Portugal is 80% more expensive than in Colombia
- Cost of living in Mauritius is 38% cheaper than in New Zealand
- Cost of living in Malta is 9% cheaper than in South Korea
- Cost of living in Panama is 41% cheaper than in Singapore