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

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

Cost of Living Ranking by Country

Ranking Country Price Index
1st Bermuda 300
2nd Cayman Islands 282
3rd Switzerland 254
4th Bahamas 236
5th Hong Kong 234
6th Ireland 219
7th Norway 206
8th Singapore 200
9th Denmark 199
10th Qatar 196
73rd Tanzania 70
74th Ukraine 67
75th Turkey 67
76th Paraguay 65
77th Georgia 65
78th Kazakhstan 64
79th 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.