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Cost of Living Index by Country

Scale:
  • 44: Egypt (cheapest)
  • 100: Czech Republic
  • 239: Bermuda (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Bermuda 239
2nd Singapore 231
3rd Cayman Islands 209
4th Switzerland 202
5th Bahamas 194
6th Hong Kong 182
7th Ireland 176
8th United States 167
9th Denmark 165
10th Norway 157
70th Peru 66
71st Bolivia 63
72nd Paraguay 63
73rd Colombia 56
74th Kosovo 55
75th India 49
76th 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.

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