Compare cost of living between countries:

Cost of Living Index by Country

  • 56: Georgia (cheapest)
  • 100: Czech Republic
  • 274: Bermuda (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Bermuda 274
2nd Switzerland 235
3rd Hong Kong 217
4th Bahamas 211
5th Ireland 206
6th Norway 202
7th Singapore 187
8th Luxembourg 186
9th Australia 186
10th United Kingdom 184
69th Turkey 67
70th Azerbaijan 64
71st Paraguay 60
72nd Ukraine 59
73rd Kazakhstan 59
74th India 57
75th Georgia 56
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.