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

Scale:
  • 56: India (cheapest)
  • 100: Czech Republic
  • 289: Bermuda (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Bermuda 289
2nd Cayman Islands 262
3rd Switzerland 233
4th Iceland 228
5th Hong Kong 228
6th Bahamas 212
7th Ireland 212
8th Norway 209
9th Singapore 197
10th Qatar 194
74th Paraguay 66
75th Colombia 64
76th Turkey 62
77th Ukraine 62
78th Azerbaijan 61
79th Kazakhstan 59
80th India 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.