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Cost of Living Index by Country

Scale:
  • 51: India (cheapest)
  • 100: Czech Republic
  • 228: Switzerland (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Switzerland 228
2nd Singapore 215
3rd Bahamas 212
4th Cayman Islands 209
5th Australia 186
6th United Kingdom 177
7th Hong Kong 175
8th United States 173
9th Denmark 172
10th Ireland 171
62nd Indonesia 70
63rd Russia 68
64th Vietnam 67
65th Bolivia 63
66th Malaysia 63
67th Kenya 58
68th India 51
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.

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