Cost of Living Index by Country
Scale:
- 55: India (cheapest)
- 100: Czech Republic
- 289: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 289 |
| 2nd | Cayman Islands | 261 |
| 3rd | Switzerland | 230 |
| 4th | Hong Kong | 226 |
| 5th | Iceland | 224 |
| 6th | Bahamas | 212 |
| 7th | Ireland | 211 |
| 8th | Norway | 210 |
| 9th | Singapore | 196 |
| 10th | Qatar | 195 |
| … | … | … |
| … | … | … |
| … | … | … |
| 75th | Tunisia | 67 |
| 76th | Egypt | 66 |
| 77th | Turkey | 64 |
| 78th | Ukraine | 60 |
| 79th | Georgia | 60 |
| 80th | Kazakhstan | 58 |
| 81st | India | 55 |
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 United Kingdom is 13% more expensive than in Belgium
- Cost of living in South Africa is 47% cheaper than in Singapore
- Cost of living in Germany is 51% more expensive than in Czech Republic
- Cost of living in Turkey is 46% cheaper than in Portugal
- Cost of living in New Zealand is 78% more expensive than in China
- Cost of living in Croatia is 31% cheaper than in France
- Cost of living in Thailand is 23% cheaper than in Latvia
- Cost of living in Puerto Rico is 73% more expensive than in Paraguay
- Cost of living in Panama is 6% cheaper than in Slovenia
- Cost of living in Qatar is 254% more expensive than in India