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

Scale:
  • 64: India (cheapest)
  • 100: Czech Republic
  • 280: Cayman Islands (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Cayman Islands 280
2nd Hong Kong 230
3rd Switzerland 227
4th Iceland 223
5th Bahamas 214
6th Norway 207
7th Singapore 197
8th Ireland 196
9th Qatar 190
10th Denmark 190
90th Kazakhstan 73
91st Algeria 72
92nd Tanzania 70
93rd Georgia 69
94th Paraguay 68
95th Tunisia 64
96th India 64
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.