Cost of Living Index by Country
Scale:
- 44: Egypt (cheapest)
- 100: Czech Republic
- 240: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 240 |
| 2nd | Hong Kong | 204 |
| 3rd | Switzerland | 203 |
| 4th | Cayman Islands | 200 |
| 5th | Bahamas | 192 |
| 6th | Ireland | 181 |
| 7th | United States | 167 |
| 8th | Denmark | 165 |
| 9th | Israel | 164 |
| 10th | Norway | 162 |
| … | … | … |
| … | … | … |
| … | … | … |
| 64th | Peru | 64 |
| 65th | Bolivia | 61 |
| 66th | Paraguay | 58 |
| 67th | Colombia | 56 |
| 68th | Kosovo | 56 |
| 69th | India | 49 |
| 70th | 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 Venezuela is 53% more expensive than in Kosovo
- Cost of living in Chile is 25% more expensive than in Brazil
- Cost of living in Cayman Islands is 33% more expensive than in Qatar
- Cost of living in Palestinian Territory is 102% more expensive than in Paraguay
- Cost of living in Estonia is 23% more expensive than in Ecuador
- Cost of living in Bahamas is 39% more expensive than in Japan
- Cost of living in Estonia is 41% cheaper than in Norway
- Cost of living in Turkey is 54% cheaper than in Norway
- Cost of living in Jordan is 21% cheaper than in France
- Cost of living in Saudi Arabia is 7% more expensive than in Jordan