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Cost of Living Index by Country

Scale:
  • 51: India (cheapest)
  • 100: Czech Republic
  • 227: Switzerland (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Switzerland 227
2nd Singapore 198
3rd United Kingdom 197
4th Hong Kong 173
5th Ireland 168
6th Australia 167
7th United States 167
8th Netherlands 163
9th New Zealand 158
10th Norway 154
53rd Bosnia and Herzegovina 70
54th Colombia 69
55th Indonesia 66
56th Russia 64
57th Bolivia 59
58th Malaysia 58
59th India 51
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.

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