Cost of Living Index by Country
Scale:
- 46: India (cheapest)
- 100: Czech Republic
- 216: Singapore (most expensive)
Cost of Living Ranking by Country
Ranking | Country | Price Index |
---|---|---|
1st | Singapore | 216 |
2nd | Bahamas | 213 |
3rd | Bermuda | 210 |
4th | Switzerland | 194 |
5th | Cayman Islands | 191 |
6th | Hong Kong | 174 |
7th | Ireland | 162 |
8th | Denmark | 158 |
9th | United States | 155 |
10th | Netherlands | 147 |
… | … | … |
… | … | … |
… | … | … |
69th | Indonesia | 64 |
70th | Kenya | 60 |
71st | Malaysia | 60 |
72nd | Bolivia | 58 |
73rd | Colombia | 57 |
74th | Kosovo | 52 |
75th | India | 46 |
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 Palestinian Territory is 19% cheaper than in France
- Cost of living in United Kingdom is 44% more expensive than in Spain
- Cost of living in Turkey is 20% cheaper than in Mexico
- Cost of living in Slovenia is 43% more expensive than in Vietnam
- Cost of living in Austria is 39% cheaper than in Switzerland
- Cost of living in Poland is 12% cheaper than in Greece
- Cost of living in Turkey is 9% more expensive than in Malaysia
- Cost of living in Mauritius is 25% cheaper than in Czech Republic
- Cost of living in Guatemala is 5% more expensive than in Brazil
- Cost of living in India is 62% cheaper than in France