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

Scale:
  • 55: India (cheapest)
  • 100: Czech Republic
  • 285: Bermuda (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Bermuda 285
2nd Cayman Islands 257
3rd Switzerland 230
4th Iceland 225
5th Hong Kong 225
6th Ireland 212
7th Bahamas 208
8th Norway 206
9th Singapore 194
10th Qatar 192
73rd Paraguay 65
74th Tunisia 64
75th Turkey 61
76th Ukraine 61
77th Azerbaijan 61
78th Kazakhstan 58
79th India 55
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.