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

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

Cost of Living Ranking by Country

Ranking Country Price Index
1st Bermuda 318
2nd Cayman Islands 309
3rd Switzerland 261
4th Hong Kong 251
5th Bahamas 235
6th Ireland 213
7th Norway 209
8th Singapore 204
9th Denmark 201
10th Israel 197
78th Turkey 75
79th Colombia 75
80th Tanzania 74
81st Paraguay 72
82nd Kazakhstan 69
83rd Georgia 67
84th 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.