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

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

Cost of Living Ranking by Country

Ranking Country Price Index
1st Bermuda 291
2nd Switzerland 227
3rd Hong Kong 219
4th Bahamas 207
5th Ireland 204
6th Norway 203
7th Singapore 189
8th Australia 187
9th Luxembourg 183
10th Netherlands 182
71st Egypt 66
72nd Paraguay 62
73rd Azerbaijan 60
74th Kazakhstan 59
75th Ukraine 59
76th Georgia 56
77th 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.