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Cost of Living Index by Country

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

Cost of Living Ranking by Country

Ranking Country Price Index
1st Bermuda 282
2nd Cayman Islands 256
3rd Switzerland 231
4th Iceland 228
5th Bahamas 222
6th Hong Kong 220
7th Ireland 210
8th Norway 198
9th Singapore 193
10th Luxembourg 190
73rd Tunisia 63
74th Ukraine 63
75th Egypt 61
76th Turkey 61
77th Azerbaijan 60
78th Kazakhstan 58
79th India 55
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.

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