Cost of Living Index by Country
Scale:
- 45: 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 | 204 |
| 4th | Cayman Islands | 202 |
| 5th | Bahamas | 194 |
| 6th | Ireland | 183 |
| 7th | Norway | 169 |
| 8th | Denmark | 167 |
| 9th | United States | 166 |
| 10th | Australia | 162 |
| … | … | … |
| … | … | … |
| … | … | … |
| 64th | Peru | 65 |
| 65th | Bolivia | 61 |
| 66th | Paraguay | 58 |
| 67th | Colombia | 57 |
| 68th | Kosovo | 56 |
| 69th | India | 50 |
| 70th | Egypt | 45 |
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 30% more expensive than in Poland
- Cost of living in Japan is 42% more expensive than in China
- Cost of living in South Africa is 20% cheaper than in Slovakia
- Cost of living in Saudi Arabia is 7% more expensive than in Jordan
- Cost of living in Kosovo is 45% cheaper than in Portugal
- Cost of living in El Salvador is 18% cheaper than in Czech Republic
- Cost of living in Venezuela is 34% cheaper than in France
- Cost of living in Romania is 10% cheaper than in Argentina
- Cost of living in Bulgaria is 26% cheaper than in Portugal
- Cost of living in Greece is about the same as in China