Cost of Living Index by Country
Scale:
- 60: India (cheapest)
- 100: Czech Republic
- 293: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 293 |
| 2nd | Cayman Islands | 275 |
| 3rd | Switzerland | 249 |
| 4th | Bahamas | 230 |
| 5th | Hong Kong | 229 |
| 6th | Ireland | 216 |
| 7th | Norway | 207 |
| 8th | Denmark | 197 |
| 9th | Singapore | 196 |
| 10th | Netherlands | 193 |
| … | … | … |
| … | … | … |
| … | … | … |
| 72nd | Tanzania | 68 |
| 73rd | Turkey | 67 |
| 74th | Ukraine | 66 |
| 75th | Georgia | 63 |
| 76th | Paraguay | 63 |
| 77th | Kazakhstan | 63 |
| 78th | India | 60 |
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 Slovenia is 68% more expensive than in Peru
- Cost of living in Switzerland is 137% more expensive than in Thailand
- Cost of living in Portugal is 67% more expensive than in Egypt
- Cost of living in Albania is 48% cheaper than in Sweden
- Cost of living in Bahamas is 193% more expensive than in Mexico
- Cost of living in Uruguay is 24% cheaper than in Italy
- Cost of living in Slovakia is 19% cheaper than in Spain
- Cost of living in Mauritius is 30% more expensive than in Bulgaria
- Cost of living in Tanzania is 70% cheaper than in Hong Kong
- Cost of living in Tanzania is 20% cheaper than in Romania