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

Scale:
  • 54: India (cheapest)
  • 100: Czech Republic
  • 287: Bermuda (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Bermuda 287
2nd Cayman Islands 259
3rd Iceland 254
4th Switzerland 227
5th Hong Kong 225
6th Bahamas 210
7th Ireland 210
8th Norway 208
9th Singapore 193
10th Qatar 193
75th Paraguay 66
76th Egypt 65
77th Turkey 64
78th Ukraine 60
79th Georgia 59
80th Kazakhstan 58
81st India 54
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.