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

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

Cost of Living Ranking by Country

Ranking Country Price Index
1st Bermuda 284
2nd Cayman Islands 259
3rd Switzerland 231
4th Iceland 225
5th Hong Kong 224
6th Ireland 213
7th Bahamas 209
8th Norway 208
9th Singapore 194
10th Denmark 192
73rd Tunisia 64
74th Paraguay 64
75th Turkey 62
76th Ukraine 61
77th Azerbaijan 61
78th Kazakhstan 59
79th 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.