Cost of Living Index by Country
Scale:
- 44: Egypt (cheapest)
- 100: Czech Republic
- 238: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 238 |
| 2nd | Hong Kong | 203 |
| 3rd | Switzerland | 203 |
| 4th | Cayman Islands | 201 |
| 5th | Bahamas | 193 |
| 6th | Ireland | 181 |
| 7th | Norway | 166 |
| 8th | Denmark | 166 |
| 9th | United States | 165 |
| 10th | Israel | 162 |
| … | … | … |
| … | … | … |
| … | … | … |
| 64th | Peru | 64 |
| 65th | Bolivia | 61 |
| 66th | Paraguay | 58 |
| 67th | Colombia | 56 |
| 68th | Kosovo | 56 |
| 69th | India | 49 |
| 70th | 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 Fiji is 63% cheaper than in Cayman Islands
- Cost of living in Russia is 19% cheaper than in Greece
- Cost of living in Hong Kong is 234% more expensive than in Bolivia
- Cost of living in Egypt is 68% cheaper than in Germany
- Cost of living in Guyana is 9% more expensive than in Romania
- Cost of living in Luxembourg is 53% more expensive than in Jordan
- Cost of living in Saudi Arabia is 4% more expensive than in Greece
- Cost of living in Panama is 37% cheaper than in Norway
- Cost of living in Guyana is 6% more expensive than in Bulgaria
- Cost of living in Qatar is 58% more expensive than in Slovakia