Cost of Living Index by Country
Scale:
- 55: Moldova (cheapest)
- 100: Czech Republic
- 288: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 288 |
| 2nd | Hong Kong | 240 |
| 3rd | Bahamas | 229 |
| 4th | Switzerland | 227 |
| 5th | Singapore | 214 |
| 6th | Ireland | 193 |
| 7th | Norway | 193 |
| 8th | Israel | 191 |
| 9th | United Kingdom | 185 |
| 10th | United States | 183 |
| … | … | … |
| … | … | … |
| … | … | … |
| 84th | Tanzania | 65 |
| 85th | Egypt | 64 |
| 86th | Kazakhstan | 62 |
| 87th | Turkey | 61 |
| 88th | Kosovo | 61 |
| 89th | India | 58 |
| 90th | Moldova | 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 Saudi Arabia is 20% cheaper than in Austria
- Cost of living in Malta is 28% more expensive than in Slovenia
- Cost of living in Slovakia is about the same as in Cambodia
- Cost of living in Denmark is about the same as in Australia
- Cost of living in Poland is 41% more expensive than in India
- Cost of living in Macao is about the same as in Austria
- Cost of living in Uganda is 49% more expensive than in Egypt
- Cost of living in Slovakia is 22% more expensive than in Kenya
- Cost of living in Poland is 28% cheaper than in China
- Cost of living in Vietnam is 15% cheaper than in Croatia