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

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

Cost of Living Ranking by Country

Ranking Country Price Index
1st Bermuda 290
2nd Cayman Islands 263
3rd Switzerland 231
4th Hong Kong 227
5th Iceland 226
6th Ireland 213
7th Bahamas 212
8th Norway 210
9th Singapore 197
10th Qatar 195
74th Tunisia 68
75th Egypt 66
76th Turkey 64
77th Ukraine 60
78th Georgia 60
79th Kazakhstan 59
80th 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.