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Cost of Living Index by Country

Scale:
  • 56: India (cheapest)
  • 100: Czech Republic
  • 289: Bermuda (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Bermuda 289
2nd Cayman Islands 263
3rd Switzerland 231
4th Iceland 230
5th Bahamas 228
6th Hong Kong 225
7th Ireland 211
8th Norway 195
9th Qatar 195
10th Singapore 194
74th Tunisia 64
75th Ukraine 64
76th Egypt 63
77th Azerbaijan 62
78th Turkey 61
79th Kazakhstan 59
80th 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.

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