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

Scale:
  • 58: India (cheapest)
  • 100: Czech Republic
  • 282: Bermuda (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Bermuda 282
2nd Switzerland 234
3rd Hong Kong 220
4th Bahamas 220
5th Ireland 209
6th Norway 198
7th Luxembourg 188
8th Singapore 188
9th Denmark 186
10th Netherlands 185
68th Azerbaijan 67
69th Turkey 66
70th Paraguay 61
71st Ukraine 61
72nd Kazakhstan 60
73rd Georgia 59
74th India 58
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.