Cost of Living Index by Country
Scale:
- 57: 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 | 243 |
| 3rd | Bahamas | 233 |
| 4th | Switzerland | 231 |
| 5th | Singapore | 217 |
| 6th | Ireland | 193 |
| 7th | Norway | 193 |
| 8th | United States | 186 |
| 9th | Israel | 186 |
| 10th | United Kingdom | 184 |
| … | … | … |
| … | … | … |
| … | … | … |
| 83rd | Tanzania | 66 |
| 84th | Egypt | 65 |
| 85th | Kazakhstan | 62 |
| 86th | Turkey | 62 |
| 87th | Kosovo | 61 |
| 88th | India | 58 |
| 89th | Moldova | 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 Botswana is about the same as in Malaysia
- Cost of living in India is 66% cheaper than in Australia
- Cost of living in Andorra is 112% more expensive than in Romania
- Cost of living in Macao is 17% cheaper than in Canada
- Cost of living in Qatar is 96% more expensive than in Thailand
- Cost of living in United States is 134% more expensive than in Hungary
- Cost of living in Singapore is 154% more expensive than in Serbia
- Cost of living in Slovenia is 19% more expensive than in Czech Republic
- Cost of living in Philippines is 9% more expensive than in Kenya
- Cost of living in Switzerland is 5% cheaper than in Hong Kong