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

Scale:
  • 62: India (cheapest)
  • 100: Czech Republic
  • 305: Bermuda (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Bermuda 305
2nd Cayman Islands 295
3rd Switzerland 254
4th Hong Kong 234
5th Bahamas 232
6th Norway 210
7th Ireland 209
8th Denmark 200
9th Singapore 200
10th Israel 192
79th Ukraine 71
80th Tanzania 71
81st Kazakhstan 69
82nd Paraguay 69
83rd Georgia 67
84th Tunisia 66
85th India 62
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.