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

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

Cost of Living Ranking by Country

Ranking Country Price Index
1st Bermuda 302
2nd Cayman Islands 279
3rd Switzerland 253
4th Hong Kong 235
5th Bahamas 235
6th Ireland 221
7th Norway 203
8th Singapore 201
9th Qatar 198
10th Netherlands 197
71st Colombia 69
72nd Ukraine 66
73rd Paraguay 66
74th Georgia 64
75th Turkey 64
76th Kazakhstan 63
77th India 61
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.