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Cost of Living Index by Country

Scale:
  • 56: Moldova (cheapest)
  • 100: Czech Republic
  • 292: Bermuda (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Bermuda 292
2nd Hong Kong 246
3rd Bahamas 232
4th Switzerland 231
5th Singapore 217
6th Norway 194
7th Ireland 193
8th Israel 188
9th United States 187
10th United Kingdom 184
83rd Colombia 66
84th Egypt 65
85th Kazakhstan 63
86th Kosovo 61
87th Turkey 59
88th India 58
89th Moldova 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.

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