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

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

Cost of Living Ranking by Country

Ranking Country Price Index
1st Bermuda 300
2nd Cayman Islands 287
3rd Hong Kong 232
4th Switzerland 227
5th Iceland 220
6th Bahamas 219
7th Norway 208
8th Ireland 200
9th Singapore 193
10th Denmark 192
87th Moldova 75
88th Azerbaijan 74
89th Georgia 72
90th Tanzania 71
91st Paraguay 69
92nd Tunisia 64
93rd 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.