Cost of Living Index by Country
Scale:
- 44: 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 | 203 |
| 5th | Bahamas | 194 |
| 6th | Ireland | 183 |
| 7th | Denmark | 166 |
| 8th | United States | 166 |
| 9th | Norway | 165 |
| 10th | Australia | 164 |
| … | … | … |
| … | … | … |
| … | … | … |
| 65th | Peru | 65 |
| 66th | Bolivia | 61 |
| 67th | Paraguay | 58 |
| 68th | Colombia | 57 |
| 69th | Kosovo | 56 |
| 70th | India | 49 |
| 71st | 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 Portugal is 38% more expensive than in Malaysia
- Cost of living in Netherlands is 13% more expensive than in Japan
- Cost of living in France is 27% more expensive than in Czech Republic
- Cost of living in Romania is 59% cheaper than in Ireland
- Cost of living in Venezuela is 40% cheaper than in Germany
- Cost of living in Switzerland is 172% more expensive than in Turkey
- Cost of living in Italy is 46% more expensive than in Ecuador
- Cost of living in Romania is 24% cheaper than in China
- Cost of living in Japan is 106% more expensive than in Indonesia
- Cost of living in Romania is 9% cheaper than in Cambodia