Cost of Living Index by Country
Scale:
- 55: India (cheapest)
- 100: Czech Republic
- 289: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 289 |
| 2nd | Switzerland | 229 |
| 3rd | Hong Kong | 227 |
| 4th | Bahamas | 213 |
| 5th | Ireland | 209 |
| 6th | Norway | 208 |
| 7th | Qatar | 195 |
| 8th | Singapore | 193 |
| 9th | Luxembourg | 187 |
| 10th | Denmark | 186 |
| … | … | … |
| … | … | … |
| … | … | … |
| 68th | Tunisia | 66 |
| 69th | Egypt | 66 |
| 70th | Turkey | 64 |
| 71st | Ukraine | 60 |
| 72nd | Georgia | 60 |
| 73rd | Kazakhstan | 58 |
| 74th | India | 55 |
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 Estonia is 36% cheaper than in New Zealand
- Cost of living in Italy is 20% cheaper than in Austria
- Cost of living in Russia is 23% more expensive than in India
- Cost of living in Switzerland is 34% more expensive than in Japan
- Cost of living in Costa Rica is 46% cheaper than in United Kingdom
- Cost of living in New Zealand is 174% more expensive than in Turkey
- Cost of living in Switzerland is 52% more expensive than in Belgium
- Cost of living in United States is 51% more expensive than in Lithuania
- Cost of living in New Zealand is 164% more expensive than in Egypt
- Cost of living in Mauritius is 40% more expensive than in Colombia