Compare cost of living between countries:
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Cost of Living Index by Country

Scale:
  • 64: India (cheapest)
  • 100: Czech Republic
  • 295: Bermuda (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Bermuda 295
2nd Cayman Islands 282
3rd Hong Kong 228
4th Switzerland 223
5th Iceland 218
6th Bahamas 216
7th Norway 205
8th Ireland 195
9th Singapore 191
10th Denmark 189
88th Kazakhstan 74
89th Azerbaijan 73
90th Tanzania 70
91st Georgia 70
92nd Paraguay 68
93rd Tunisia 64
94th India 64
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.