* indicates monthly or quarterly data series

Cost of living index, world average = 100, 2017:

The average for 2017 based on 41 countries was 105.77 index points. The highest value was in Iceland: 209.1 index points and the lowest value was in Ukraine: 37.76 index points. The indicator is available from 2017 to 2020. Below is a chart for all countries where data are available.

Measure: index points; Source: World Bank International Comparison Program
Select indicator
* indicates monthly or quarterly data series


Countries Cost of living, 2017 Global rank Available data
Iceland 209.1 1 2017 - 2017
Switzerland 197.89 2 2017 - 2017
Norway 186.52 3 2017 - 2017
Denmark 171.78 4 2017 - 2017
Ireland 157.19 5 2017 - 2017
Luxembourg 156.4 6 2017 - 2017
Sweden 155.01 7 2017 - 2017
Finland 151.13 8 2017 - 2017
UK 144.03 9 2017 - 2017
Netherlands 137.57 10 2017 - 2017
Belgium 136.89 11 2017 - 2017
France 135.27 12 2017 - 2017
Austria 134.56 13 2017 - 2017
Germany 127.47 14 2017 - 2017
Italy 124.24 15 2017 - 2017
Spain 113.82 16 2017 - 2017
Cyprus 108.2 17 2017 - 2017
Portugal 106.46 18 2017 - 2017
Greece 104.66 19 2017 - 2017
Slovenia 103.47 20 2017 - 2017
Malta 101.71 21 2017 - 2017
Estonia 96.58 22 2017 - 2017
Slovakia 93.82 23 2017 - 2017
Latvia 89.68 24 2017 - 2017
Czechia 83.97 25 2017 - 2017
Croatia 82.76 26 2017 - 2017
Lithuania 79.09 27 2017 - 2017
Hungary 77.19 28 2017 - 2017
Poland 70.08 29 2017 - 2017
Montenegro 67.81 30 2017 - 2017
Bosnia & Herz. 64.74 31 2017 - 2017
Turkey 64.7 32 2017 - 2017
Serbia 64.05 33 2017 - 2017
Romania 63.98 34 2017 - 2017
Russia 61.96 35 2017 - 2017
Bulgaria 60.89 36 2017 - 2017
Albania 60.79 37 2017 - 2017
North Macedonia 58.3 38 2017 - 2017
Moldova 49.48 39 2017 - 2017
Belarus 45.75 40 2017 - 2017
Ukraine 37.76 41 2017 - 2017



Definition: The cost of living index summarizes the level of prices paid by households and non-profit organizations that provide services to households. It incorporates all goods and services in the average consumption basket with appropriate weights. The data are from the World Bank International Comparison Program.

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209.10
197.89
186.52
171.78
157.19
156.40
155.01
151.13
144.03
137.57
136.89
135.27
134.56
127.47
124.24
113.82
108.20
106.46
104.66
103.47
101.71
96.58
93.82
89.68
83.97
82.76
79.09
77.19
70.08
67.81
64.74
64.70
64.05
63.98
61.96
60.89
60.79
58.30
49.48
45.75
37.76
0
52.3
104.6
156.8
209.1


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