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Cost of Living Index by Country

Scale:
  • 54: Moldova (cheapest)
  • 100: Czech Republic
  • 280: Bermuda (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Bermuda 280
2nd Cayman Islands 261
3rd Hong Kong 231
4th Iceland 230
5th Bahamas 224
6th Switzerland 222
7th Singapore 212
8th United Kingdom 195
9th Norway 193
10th Ireland 185
86th Kazakhstan 65
87th Ukraine 64
88th Tanzania 63
89th Kosovo 61
90th Egypt 56
91st India 55
92nd Moldova 54
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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