Cost of Living Index by Country
Scale:
- 44: Egypt (cheapest)
- 100: Czech Republic
- 239: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 239 |
| 2nd | Singapore | 230 |
| 3rd | Cayman Islands | 208 |
| 4th | Switzerland | 201 |
| 5th | Bahamas | 194 |
| 6th | Hong Kong | 182 |
| 7th | Ireland | 175 |
| 8th | United States | 166 |
| 9th | Denmark | 165 |
| 10th | Norway | 158 |
| … | … | … |
| … | … | … |
| … | … | … |
| 69th | Kenya | 67 |
| 70th | Peru | 66 |
| 71st | Bolivia | 63 |
| 72nd | Colombia | 55 |
| 73rd | Kosovo | 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.
Other Country Comparisons
- Cost of living in Brazil is 43% cheaper than in United Arab Emirates
- Cost of living in United States is 26% more expensive than in Sweden
- Cost of living in Bahamas is 27% more expensive than in Australia
- Cost of living in Israel is 9% cheaper than in Denmark
- Cost of living in Sweden is 139% more expensive than in Colombia
- Cost of living in Hong Kong is 23% more expensive than in United Kingdom
- Cost of living in Russia is 28% more expensive than in Kosovo
- Cost of living in Fiji is 45% cheaper than in Belgium
- Cost of living in United Kingdom is 166% more expensive than in Colombia
- Cost of living in South Korea is 15% cheaper than in Israel