Cost of Living Index by Country
Scale:
- 55: India (cheapest)
- 100: Czech Republic
- 287: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 287 |
| 2nd | Switzerland | 227 |
| 3rd | Hong Kong | 225 |
| 4th | Bahamas | 210 |
| 5th | Ireland | 207 |
| 6th | Norway | 207 |
| 7th | Qatar | 193 |
| 8th | Singapore | 192 |
| 9th | Luxembourg | 186 |
| 10th | Denmark | 185 |
| … | … | … |
| … | … | … |
| … | … | … |
| 68th | Tunisia | 66 |
| 69th | Egypt | 65 |
| 70th | Turkey | 63 |
| 71st | Ukraine | 60 |
| 72nd | Georgia | 60 |
| 73rd | Kazakhstan | 58 |
| 74th | 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 South Africa is 54% more expensive than in Turkey
- Cost of living in Qatar is about the same as in Singapore
- Cost of living in Argentina is 58% cheaper than in United Arab Emirates
- Cost of living in Indonesia is 4% more expensive than in Bulgaria
- Cost of living in Puerto Rico is 37% more expensive than in Thailand
- Cost of living in South Korea is 26% more expensive than in Spain
- Cost of living in New Zealand is about the same as in Netherlands
- Cost of living in Qatar is 92% more expensive than in Chile
- Cost of living in Romania is 37% cheaper than in Spain
- Cost of living in Bolivia is 51% cheaper than in United Arab Emirates