Cost of Living Index by Country
Scale:
- 45: Egypt (cheapest)
- 100: Czech Republic
- 243: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 243 |
| 2nd | Singapore | 231 |
| 3rd | Cayman Islands | 215 |
| 4th | Switzerland | 204 |
| 5th | Bahamas | 199 |
| 6th | Hong Kong | 185 |
| 7th | Ireland | 175 |
| 8th | United States | 170 |
| 9th | Denmark | 166 |
| 10th | Australia | 161 |
| … | … | … |
| … | … | … |
| … | … | … |
| 70th | Kenya | 70 |
| 71st | Peru | 68 |
| 72nd | Bolivia | 65 |
| 73rd | Colombia | 57 |
| 74th | Kosovo | 56 |
| 75th | India | 50 |
| 76th | 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 New Zealand is 11% cheaper than in Denmark
- Cost of living in Taiwan is 38% cheaper than in Netherlands
- Cost of living in Russia is 61% cheaper than in Hong Kong
- Cost of living in Thailand is 25% more expensive than in Malaysia
- Cost of living in United Kingdom is 14% more expensive than in France
- Cost of living in Guyana is 15% more expensive than in Romania
- Cost of living in Bahrain is 38% cheaper than in Ireland
- Cost of living in Philippines is 12% cheaper than in Argentina
- Cost of living in Jordan is about the same as in Spain
- Cost of living in Italy is 31% cheaper than in Denmark