Cost of Living Index by Country
Scale:
- 58: India (cheapest)
- 100: Czech Republic
- 285: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 285 |
| 2nd | Cayman Islands | 269 |
| 3rd | Switzerland | 245 |
| 4th | Bahamas | 224 |
| 5th | Hong Kong | 224 |
| 6th | Norway | 208 |
| 7th | Ireland | 208 |
| 8th | Denmark | 194 |
| 9th | Luxembourg | 189 |
| 10th | Singapore | 188 |
| … | … | … |
| … | … | … |
| … | … | … |
| 76th | Ukraine | 65 |
| 77th | Tunisia | 65 |
| 78th | Tanzania | 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 Singapore is 88% more expensive than in Czech Republic
- Cost of living in Sweden is 157% more expensive than in Paraguay
- Cost of living in Mauritius is 36% cheaper than in France
- Cost of living in Egypt is 12% cheaper than in Bulgaria
- Cost of living in Lebanon is 119% more expensive than in Egypt
- Cost of living in Norway is 177% more expensive than in Dominican Republic
- Cost of living in Switzerland is 30% more expensive than in Singapore
- Cost of living in Thailand is 38% cheaper than in France
- Cost of living in Hong Kong is 142% more expensive than in China
- Cost of living in Puerto Rico is 57% more expensive than in South Africa