Cost of Living Index by Country
Scale:
- 55: India (cheapest)
- 100: Czech Republic
- 291: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 291 |
| 2nd | Switzerland | 227 |
| 3rd | Hong Kong | 219 |
| 4th | Bahamas | 207 |
| 5th | Ireland | 204 |
| 6th | Norway | 203 |
| 7th | Singapore | 189 |
| 8th | Australia | 187 |
| 9th | Luxembourg | 183 |
| 10th | Netherlands | 182 |
| … | … | … |
| … | … | … |
| … | … | … |
| 71st | Egypt | 66 |
| 72nd | Paraguay | 62 |
| 73rd | Azerbaijan | 60 |
| 74th | Kazakhstan | 59 |
| 75th | Ukraine | 59 |
| 76th | Georgia | 56 |
| 77th | 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 Puerto Rico is 19% cheaper than in Austria
- Cost of living in Malta is 20% cheaper than in Finland
- Cost of living in Uruguay is 30% cheaper than in Germany
- Cost of living in Uruguay is 16% cheaper than in Spain
- Cost of living in Japan is 16% more expensive than in Austria
- Cost of living in Mexico is 8% cheaper than in Ecuador
- Cost of living in Bolivia is 8% cheaper than in Bulgaria
- Cost of living in Hungary is 50% cheaper than in Denmark
- Cost of living in Georgia is 16% cheaper than in Colombia
- Cost of living in Costa Rica is 41% cheaper than in Sweden