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

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

Cost of Living Ranking by Country

Ranking Country Price Index
1st Bermuda 287
2nd Cayman Islands 271
3rd Switzerland 243
4th Hong Kong 225
5th Bahamas 225
6th Norway 208
7th Ireland 208
8th Denmark 193
9th Luxembourg 188
10th Singapore 188
76th Ukraine 65
77th Tanzania 65
78th Tunisia 65
79th Paraguay 64
80th Georgia 62
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.