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

Scale:
  • 57: India (cheapest)
  • 100: Czech Republic
  • 302: Bermuda (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Bermuda 302
2nd Switzerland 230
3rd Hong Kong 227
4th Bahamas 214
5th Norway 208
6th Ireland 207
7th Singapore 194
8th Denmark 189
9th Australia 188
10th Qatar 188
70th Egypt 68
71st Paraguay 64
72nd Azerbaijan 62
73rd Ukraine 61
74th Kazakhstan 61
75th Georgia 58
76th India 57
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.