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

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

Cost of Living Ranking by Country

Ranking Country Price Index
1st Bermuda 299
2nd Cayman Islands 280
3rd Switzerland 249
4th Bahamas 235
5th Hong Kong 233
6th Ireland 217
7th Norway 200
8th Singapore 197
9th Qatar 197
10th Netherlands 195
73rd Colombia 69
74th Turkey 67
75th Ukraine 67
76th Paraguay 65
77th Kazakhstan 63
78th Georgia 63
79th 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.