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

Scale:
  • 61: India (cheapest)
  • 100: Czech Republic
  • 297: Bermuda (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Bermuda 297
2nd Cayman Islands 276
3rd Switzerland 252
4th Hong Kong 234
5th Bahamas 233
6th Ireland 221
7th Norway 206
8th Singapore 200
9th Netherlands 197
10th Denmark 197
70th Colombia 70
71st Ukraine 66
72nd Turkey 65
73rd Paraguay 64
74th Georgia 63
75th Kazakhstan 62
76th India 61
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.