Cost of Living Index by Country
Scale:
- 56: Moldova (cheapest)
- 100: Czech Republic
- 292: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 292 |
| 2nd | Hong Kong | 246 |
| 3rd | Bahamas | 232 |
| 4th | Switzerland | 231 |
| 5th | Singapore | 217 |
| 6th | Norway | 194 |
| 7th | Ireland | 193 |
| 8th | Israel | 188 |
| 9th | United States | 187 |
| 10th | United Kingdom | 184 |
| … | … | … |
| … | … | … |
| … | … | … |
| 83rd | Colombia | 66 |
| 84th | Egypt | 65 |
| 85th | Kazakhstan | 63 |
| 86th | Kosovo | 61 |
| 87th | Turkey | 59 |
| 88th | India | 58 |
| 89th | Moldova | 56 |
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 El Salvador is 15% more expensive than in Kenya
- Cost of living in Macao is 13% cheaper than in Finland
- Cost of living in New Zealand is 63% more expensive than in Portugal
- Cost of living in Slovenia is 10% more expensive than in Costa Rica
- Cost of living in South Korea is 112% more expensive than in Colombia
- Cost of living in Brazil is 42% cheaper than in Austria
- Cost of living in Chile is 5% more expensive than in Argentina
- Cost of living in Luxembourg is 18% more expensive than in Sweden
- Cost of living in Senegal is 19% cheaper than in Germany
- Cost of living in Cambodia is 32% cheaper than in Japan