Cost of Living Index by Country
Scale:
- 56: Georgia (cheapest)
- 100: Czech Republic
- 277: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 277 |
| 2nd | Switzerland | 237 |
| 3rd | Hong Kong | 224 |
| 4th | Bahamas | 212 |
| 5th | Ireland | 209 |
| 6th | Norway | 203 |
| 7th | Singapore | 189 |
| 8th | Luxembourg | 187 |
| 9th | Australia | 186 |
| 10th | Netherlands | 186 |
| … | … | … |
| … | … | … |
| … | … | … |
| 69th | Tunisia | 67 |
| 70th | Azerbaijan | 61 |
| 71st | Paraguay | 60 |
| 72nd | Ukraine | 59 |
| 73rd | Kazakhstan | 58 |
| 74th | India | 56 |
| 75th | Georgia | 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 South Africa is 16% cheaper than in Croatia
- Cost of living in Bermuda is 313% more expensive than in Tunisia
- Cost of living in Romania is 27% cheaper than in Croatia
- Cost of living in Malta is 66% more expensive than in Indonesia
- Cost of living in Kazakhstan is 5% more expensive than in Georgia
- Cost of living in Malta is 29% more expensive than in Croatia
- Cost of living in Philippines is 48% cheaper than in United Kingdom
- Cost of living in Serbia is 18% more expensive than in Egypt
- Cost of living in Mauritius is 31% more expensive than in Serbia
- Cost of living in Cyprus is about the same as in Italy