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

Scale:
  • 58: India (cheapest)
  • 100: Czech Republic
  • 288: Bermuda (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Bermuda 288
2nd Cayman Islands 271
3rd Switzerland 246
4th Bahamas 226
5th Hong Kong 226
6th Norway 209
7th Ireland 208
8th Denmark 194
9th Luxembourg 190
10th Singapore 189
76th Ukraine 66
77th Tunisia 65
78th Tanzania 65
79th Paraguay 64
80th Georgia 63
81st Kazakhstan 62
82nd India 58
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.