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

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

Cost of Living Ranking by Country

Ranking Country Price Index
1st Bermuda 276
2nd Switzerland 234
3rd Hong Kong 215
4th Bahamas 215
5th Ireland 209
6th Norway 199
7th Luxembourg 188
8th Singapore 188
9th Denmark 186
10th Netherlands 184
68th Azerbaijan 65
69th Turkey 64
70th Paraguay 60
71st Ukraine 60
72nd Kazakhstan 59
73rd Georgia 57
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.