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 | 230 |
| 3rd | Cayman Islands | 208 |
| 4th | Switzerland | 201 |
| 5th | Bahamas | 194 |
| 6th | Hong Kong | 182 |
| 7th | Ireland | 175 |
| 8th | United States | 166 |
| 9th | Denmark | 165 |
| 10th | Norway | 158 |
| … | … | … |
| … | … | … |
| … | … | … |
| 69th | Kenya | 67 |
| 70th | Peru | 66 |
| 71st | Bolivia | 63 |
| 72nd | Colombia | 55 |
| 73rd | Kosovo | 55 |
| 74th | India | 49 |
| 75th | 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.
Other Country Comparisons
- Cost of living in Russia is 27% more expensive than in Colombia
- Cost of living in Qatar is 4% cheaper than in Netherlands
- Cost of living in Malaysia is 36% cheaper than in Dominican Republic
- Cost of living in South Africa is 46% more expensive than in India
- Cost of living in France is about the same as in Austria
- Cost of living in Guyana is 36% cheaper than in France
- Cost of living in South Korea is 30% cheaper than in Hong Kong
- Cost of living in Guyana is 66% cheaper than in Bermuda
- Cost of living in Guyana is 38% cheaper than in Sweden
- Cost of living in Bulgaria is 42% cheaper than in Belgium