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

Scale:
  • 54: 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 229
4th Iceland 223
5th Hong Kong 222
6th Ireland 211
7th Bahamas 207
8th Norway 206
9th Singapore 192
10th Luxembourg 192
72nd Paraguay 64
73rd Tunisia 64
74th Ukraine 61
75th Turkey 61
76th Azerbaijan 60
77th Kazakhstan 58
78th India 54
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.