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 | Singapore | 231 |
| 3rd | Cayman Islands | 209 |
| 4th | Switzerland | 202 |
| 5th | Bahamas | 194 |
| 6th | Hong Kong | 182 |
| 7th | Ireland | 176 |
| 8th | United States | 167 |
| 9th | Denmark | 165 |
| 10th | Norway | 157 |
| … | … | … |
| … | … | … |
| … | … | … |
| 70th | Peru | 66 |
| 71st | Bolivia | 63 |
| 72nd | Paraguay | 63 |
| 73rd | Colombia | 56 |
| 74th | Kosovo | 55 |
| 75th | India | 49 |
| 76th | 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 Luxembourg is 150% more expensive than in Paraguay
- Cost of living in Sweden is 59% more expensive than in Mexico
- Cost of living in Bosnia and Herzegovina is 89% more expensive than in Egypt
- Cost of living in Brazil is 23% more expensive than in Bolivia
- Cost of living in Dominican Republic is 34% cheaper than in Denmark
- Cost of living in Israel is 14% cheaper than in Ireland
- Cost of living in Norway is 61% more expensive than in Jordan
- Cost of living in Uruguay is 13% cheaper than in United Arab Emirates
- Cost of living in Singapore is 75% more expensive than in Japan
- Cost of living in Portugal is 4% more expensive than in Greece