Cost of Living Index by Country
Scale:
- 44: Egypt (cheapest)
- 100: Czech Republic
- 236: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 236 |
| 2nd | Switzerland | 203 |
| 3rd | Hong Kong | 201 |
| 4th | Cayman Islands | 198 |
| 5th | Bahamas | 190 |
| 6th | Ireland | 179 |
| 7th | Denmark | 165 |
| 8th | United States | 165 |
| 9th | Israel | 162 |
| 10th | Norway | 162 |
| … | … | … |
| … | … | … |
| … | … | … |
| 64th | Peru | 63 |
| 65th | Bolivia | 60 |
| 66th | Paraguay | 58 |
| 67th | Colombia | 56 |
| 68th | Kosovo | 55 |
| 69th | India | 49 |
| 70th | Egypt | 44 |
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 Israel is 11% more expensive than in United Arab Emirates
- Cost of living in Bulgaria is 68% cheaper than in Bermuda
- Cost of living in Fiji is 69% cheaper than in Bermuda
- Cost of living in South Africa is 19% more expensive than in Peru
- Cost of living in Luxembourg is 58% more expensive than in Slovakia
- Cost of living in India is 66% cheaper than in Finland
- Cost of living in Sweden is 26% cheaper than in Ireland
- Cost of living in Cambodia is 60% cheaper than in Hong Kong
- Cost of living in Panama is about the same as in Portugal
- Cost of living in Ireland is 81% more expensive than in Greece