Cost of Living Index by Country
Scale:
- 56: India (cheapest)
- 100: Czech Republic
- 293: Bermuda (most expensive)
Cost of Living Ranking by Country
| Ranking | Country | Price Index |
|---|---|---|
| 1st | Bermuda | 293 |
| 2nd | Switzerland | 229 |
| 3rd | Hong Kong | 220 |
| 4th | Bahamas | 209 |
| 5th | Norway | 206 |
| 6th | Ireland | 205 |
| 7th | Singapore | 191 |
| 8th | Australia | 188 |
| 9th | Luxembourg | 185 |
| 10th | Netherlands | 183 |
| … | … | … |
| … | … | … |
| … | … | … |
| 71st | Egypt | 67 |
| 72nd | Paraguay | 63 |
| 73rd | Azerbaijan | 61 |
| 74th | Kazakhstan | 60 |
| 75th | Ukraine | 59 |
| 76th | Georgia | 56 |
| 77th | India | 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.
Other Country Comparisons
- Cost of living in Bermuda is 193% more expensive than in Czech Republic
- Cost of living in Kenya is 57% more expensive than in India
- Cost of living in Slovenia is 16% more expensive than in Uruguay
- Cost of living in Thailand is 57% more expensive than in Argentina
- Cost of living in Malaysia is 27% cheaper than in Greece
- Cost of living in Jordan is 40% cheaper than in Israel
- Cost of living in Malta is 99% more expensive than in Bolivia
- Cost of living in Jordan is 56% more expensive than in Egypt
- Cost of living in Paraguay is 66% cheaper than in Netherlands
- Cost of living in Ecuador is 45% cheaper than in Canada