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

Scale:
  • 64: India (cheapest)
  • 100: Czech Republic
  • 319: Bermuda (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Bermuda 319
2nd Cayman Islands 314
3rd Switzerland 259
4th Hong Kong 251
5th Bahamas 235
6th Ireland 221
7th Iceland 217
8th Denmark 210
9th Singapore 202
10th Norway 198
84th Ukraine 75
85th Paraguay 73
86th Colombia 70
87th Kazakhstan 68
88th Tunisia 67
89th Georgia 65
90th 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.