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

Scale:
  • 57: India (cheapest)
  • 100: Czech Republic
  • 278: Bermuda (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Bermuda 278
2nd Switzerland 232
3rd Hong Kong 217
4th Bahamas 217
5th Ireland 207
6th Norway 199
7th Singapore 189
8th Luxembourg 187
9th Denmark 184
10th United Kingdom 183
68th Azerbaijan 66
69th Turkey 63
70th Ukraine 60
71st Paraguay 60
72nd Kazakhstan 59
73rd Georgia 58
74th India 57
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.