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 | Switzerland | 203 |
| 3rd | Hong Kong | 203 |
| 4th | Cayman Islands | 203 |
| 5th | Bahamas | 194 |
| 6th | Ireland | 182 |
| 7th | Denmark | 166 |
| 8th | United States | 165 |
| 9th | Norway | 164 |
| 10th | Israel | 164 |
| … | … | … |
| … | … | … |
| … | … | … |
| 65th | Peru | 64 |
| 66th | Bolivia | 61 |
| 67th | Paraguay | 58 |
| 68th | Colombia | 56 |
| 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 Guyana is 82% more expensive than in Egypt
- Cost of living in South Africa is 19% cheaper than in Slovakia
- Cost of living in Ireland is 134% more expensive than in Bosnia and Herzegovina
- Cost of living in United Kingdom is 101% more expensive than in Ecuador
- Cost of living in Qatar is about the same as in United Kingdom
- Cost of living in Venezuela is 49% cheaper than in Denmark
- Cost of living in Estonia is 53% cheaper than in Hong Kong
- Cost of living in Slovenia is 34% more expensive than in Brazil
- Cost of living in Bulgaria is 50% cheaper than in Luxembourg
- Cost of living in Malta is 29% more expensive than in China