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

Scale:
  • 60: India (cheapest)
  • 100: Czech Republic
  • 297: Bermuda (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Bermuda 297
2nd Cayman Islands 280
3rd Switzerland 247
4th Bahamas 233
5th Hong Kong 231
6th Ireland 216
7th Norway 200
8th Singapore 196
9th Qatar 195
10th Denmark 194
73rd Tunisia 69
74th Turkey 67
75th Ukraine 66
76th Paraguay 64
77th Kazakhstan 62
78th Georgia 62
79th India 60
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.