Cost of Living Index by Country
Scale:
- 65: India (cheapest)
- 100: Czech Republic
- 327: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 327 |
| 2nd | Cayman Islands | 322 |
| 3rd | Switzerland | 261 |
| 4th | Hong Kong | 257 |
| 5th | Bahamas | 241 |
| 6th | Ireland | 222 |
| 7th | Iceland | 215 |
| 8th | Denmark | 211 |
| 9th | Singapore | 210 |
| 10th | Norway | 203 |
| … | … | … |
| … | … | … |
| … | … | … |
| 84th | Mexico | 75 |
| 85th | Paraguay | 75 |
| 86th | Colombia | 71 |
| 87th | Kazakhstan | 69 |
| 88th | Tunisia | 68 |
| 89th | Georgia | 67 |
| 90th | India | 65 |
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 Serbia is 7% more expensive than in Romania
- Cost of living in Singapore is 6% more expensive than in Israel
- Cost of living in South Africa is 58% cheaper than in Denmark
- Cost of living in India is 60% cheaper than in Canada
- Cost of living in Romania is 55% cheaper than in United Arab Emirates
- Cost of living in Luxembourg is 26% more expensive than in South Korea
- Cost of living in Tunisia is 59% cheaper than in Sweden
- Cost of living in Palestinian Territory is 24% cheaper than in United Kingdom
- Cost of living in Slovenia is 10% cheaper than in Bahrain
- Cost of living in Botswana is 7% cheaper than in China