Cost of Living Index by Country
Scale:
- 45: Egypt (cheapest)
- 100: Czech Republic
- 240: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 240 |
| 2nd | Hong Kong | 203 |
| 3rd | Switzerland | 203 |
| 4th | Cayman Islands | 203 |
| 5th | Bahamas | 195 |
| 6th | Ireland | 183 |
| 7th | Denmark | 167 |
| 8th | United States | 166 |
| 9th | Israel | 166 |
| 10th | Norway | 165 |
| … | … | … |
| … | … | … |
| … | … | … |
| 64th | Peru | 64 |
| 65th | Bolivia | 61 |
| 66th | Paraguay | 58 |
| 67th | Colombia | 57 |
| 68th | Kosovo | 56 |
| 69th | India | 49 |
| 70th | Egypt | 45 |
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 Peru is 22% cheaper than in Cambodia
- Cost of living in Paraguay is 68% cheaper than in Ireland
- Cost of living in Guyana is 37% cheaper than in Austria
- Cost of living in Bulgaria is 41% cheaper than in Belgium
- Cost of living in Guyana is 29% cheaper than in Italy
- Cost of living in New Zealand is 171% more expensive than in Kosovo
- Cost of living in New Zealand is 9% cheaper than in United States
- Cost of living in Slovenia is 28% cheaper than in United Arab Emirates
- Cost of living in Luxembourg is 10% cheaper than in Denmark
- Cost of living in Kosovo is 56% cheaper than in France