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

Scale:
  • 60: India (cheapest)
  • 100: Czech Republic
  • 293: Bermuda (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Bermuda 293
2nd Cayman Islands 275
3rd Switzerland 249
4th Bahamas 230
5th Hong Kong 229
6th Ireland 216
7th Norway 207
8th Denmark 197
9th Singapore 196
10th Netherlands 193
72nd Tanzania 68
73rd Turkey 67
74th Ukraine 66
75th Georgia 63
76th Paraguay 63
77th Kazakhstan 63
78th India 60
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.