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Cost of Living Index by Country

Scale:
  • 57: Moldova (cheapest)
  • 100: Czech Republic
  • 296: Bermuda (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Bermuda 296
2nd Cayman Islands 273
3rd Hong Kong 244
4th Bahamas 237
5th Iceland 237
6th Switzerland 230
7th Singapore 221
8th United Kingdom 204
9th Norway 198
10th Ireland 191
88th Ukraine 69
89th Tanzania 67
90th Azerbaijan 66
91st Kosovo 63
92nd Egypt 61
93rd India 59
94th Moldova 57
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.

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