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

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

Cost of Living Ranking by Country

Ranking Country Price Index
1st Bermuda 276
2nd Switzerland 238
3rd Hong Kong 221
4th Bahamas 213
5th Ireland 208
6th Norway 204
7th Luxembourg 189
8th Singapore 189
9th United Kingdom 187
10th Australia 186
69th Turkey 67
70th Azerbaijan 63
71st Paraguay 61
72nd Ukraine 60
73rd Kazakhstan 59
74th India 57
75th Georgia 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.