Cost of Living Index by Country
Scale:
- 55: India (cheapest)
- 100: Czech Republic
- 289: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 289 |
| 2nd | Cayman Islands | 261 |
| 3rd | Switzerland | 230 |
| 4th | Hong Kong | 226 |
| 5th | Iceland | 224 |
| 6th | Bahamas | 212 |
| 7th | Ireland | 211 |
| 8th | Norway | 210 |
| 9th | Singapore | 196 |
| 10th | Qatar | 195 |
| … | … | … |
| … | … | … |
| … | … | … |
| 75th | Tunisia | 67 |
| 76th | Egypt | 66 |
| 77th | Turkey | 64 |
| 78th | Ukraine | 60 |
| 79th | Georgia | 60 |
| 80th | Kazakhstan | 58 |
| 81st | India | 55 |
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 Kazakhstan is 61% cheaper than in Germany
- Cost of living in Turkey is 42% cheaper than in Croatia
- Cost of living in Philippines is 53% cheaper than in Australia
- Cost of living in Bahrain is 26% cheaper than in France
- Cost of living in Tunisia is 31% cheaper than in Saudi Arabia
- Cost of living in Italy is 47% more expensive than in Hungary
- Cost of living in Latvia is 89% more expensive than in Argentina
- Cost of living in Singapore is 92% more expensive than in Chile
- Cost of living in Qatar is 226% more expensive than in Georgia
- Cost of living in Cayman Islands is 140% more expensive than in Jordan