Cost of Living Index by Country
Scale:
- 65: India (cheapest)
- 100: Czech Republic
- 323: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 323 |
| 2nd | Cayman Islands | 318 |
| 3rd | Switzerland | 260 |
| 4th | Hong Kong | 254 |
| 5th | Bahamas | 238 |
| 6th | Ireland | 221 |
| 7th | Iceland | 216 |
| 8th | Denmark | 210 |
| 9th | Singapore | 205 |
| 10th | Norway | 199 |
| … | … | … |
| … | … | … |
| … | … | … |
| 84th | Mexico | 75 |
| 85th | Paraguay | 74 |
| 86th | Colombia | 70 |
| 87th | Kazakhstan | 69 |
| 88th | Tunisia | 68 |
| 89th | Georgia | 66 |
| 90th | India | 65 |
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 Jordan is 86% more expensive than in Argentina
- Cost of living in Costa Rica is 44% more expensive than in Brazil
- Cost of living in El Salvador is 45% cheaper than in Norway
- Cost of living in Italy is 82% more expensive than in Indonesia
- Cost of living in Kenya is 48% cheaper than in United Arab Emirates
- Cost of living in Lithuania is about the same as in Croatia
- Cost of living in Morocco is 47% cheaper than in Australia
- Cost of living in Switzerland is 36% more expensive than in Netherlands
- Cost of living in France is 85% more expensive than in Czech Republic
- Cost of living in United States is 191% more expensive than in Georgia