Cost of Living Index by Country
Scale:
- 57: India (cheapest)
- 100: Czech Republic
- 279: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 279 |
| 2nd | Switzerland | 233 |
| 3rd | Hong Kong | 218 |
| 4th | Bahamas | 217 |
| 5th | Ireland | 207 |
| 6th | Norway | 200 |
| 7th | Singapore | 189 |
| 8th | Luxembourg | 187 |
| 9th | Denmark | 185 |
| 10th | Netherlands | 183 |
| … | … | … |
| … | … | … |
| … | … | … |
| 68th | Azerbaijan | 66 |
| 69th | Turkey | 64 |
| 70th | Paraguay | 60 |
| 71st | Ukraine | 60 |
| 72nd | Kazakhstan | 59 |
| 73rd | Georgia | 58 |
| 74th | India | 57 |
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 Philippines is 47% cheaper than in Denmark
- Cost of living in Qatar is 104% more expensive than in Kenya
- Cost of living in Ukraine is 49% cheaper than in Greece
- Cost of living in Tunisia is 32% cheaper than in Philippines
- Cost of living in Costa Rica is 5% cheaper than in Thailand
- Cost of living in South Korea is 131% more expensive than in Colombia
- Cost of living in Qatar is 176% more expensive than in Azerbaijan
- Cost of living in Tunisia is 56% cheaper than in Germany
- Cost of living in El Salvador is 39% more expensive than in Azerbaijan
- Cost of living in Slovenia is 28% cheaper than in Australia