Compare cost of living between countries:

Cost of Living Index by Country

  • 56: Georgia (cheapest)
  • 100: Czech Republic
  • 277: Bermuda (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Bermuda 277
2nd Switzerland 237
3rd Hong Kong 224
4th Bahamas 212
5th Ireland 209
6th Norway 203
7th Singapore 189
8th Luxembourg 187
9th Australia 186
10th Netherlands 186
69th Tunisia 67
70th Azerbaijan 61
71st Paraguay 60
72nd Ukraine 59
73rd Kazakhstan 58
74th India 56
75th Georgia 56
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.