Compare cost of living between countries:

Cost of Living Index by Country

  • 64: India (cheapest)
  • 100: Czech Republic
  • 277: Cayman Islands (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Cayman Islands 277
2nd Hong Kong 228
3rd Switzerland 226
4th Iceland 223
5th Bahamas 213
6th Norway 209
7th Singapore 197
8th Ireland 196
9th Denmark 190
10th Qatar 188
89th Azerbaijan 72
90th Algeria 72
91st Tanzania 70
92nd Georgia 69
93rd Paraguay 67
94th Tunisia 64
95th 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.