Cost of Living Index by Country
Scale:
- 58: India (cheapest)
- 100: Czech Republic
- 287: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 287 |
| 2nd | Cayman Islands | 271 |
| 3rd | Switzerland | 243 |
| 4th | Hong Kong | 225 |
| 5th | Bahamas | 225 |
| 6th | Norway | 208 |
| 7th | Ireland | 208 |
| 8th | Denmark | 193 |
| 9th | Luxembourg | 188 |
| 10th | Singapore | 188 |
| … | … | … |
| … | … | … |
| … | … | … |
| 76th | Ukraine | 65 |
| 77th | Tanzania | 65 |
| 78th | Tunisia | 65 |
| 79th | Paraguay | 64 |
| 80th | Georgia | 62 |
| 81st | Kazakhstan | 62 |
| 82nd | India | 58 |
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 Bermuda is 483% more expensive than in Pakistan
- Cost of living in Costa Rica is 62% more expensive than in Azerbaijan
- Cost of living in Uruguay is 10% cheaper than in Jordan
- Cost of living in Bahrain is 87% more expensive than in Tunisia
- Cost of living in Netherlands is 82% more expensive than in Czech Republic
- Cost of living in Cyprus is 177% more expensive than in Pakistan
- Cost of living in Costa Rica is 30% cheaper than in Japan
- Cost of living in Poland is about the same as in Chile
- Cost of living in Slovenia is 89% more expensive than in Azerbaijan
- Cost of living in Poland is 15% more expensive than in Bolivia