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 233
5th Bahamas 232
6th Ireland 221
7th Norway 207
8th Singapore 200
9th Netherlands 197
10th Denmark 196
71st Colombia 69
72nd Ukraine 66
73rd Turkey 65
74th Paraguay 64
75th Georgia 63
76th Kazakhstan 62
77th 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.