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

Scale:
  • 62: India (cheapest)
  • 100: Czech Republic
  • 300: Bermuda (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Bermuda 300
2nd Cayman Islands 282
3rd Switzerland 255
4th Bahamas 236
5th Hong Kong 235
6th Ireland 219
7th Norway 207
8th Singapore 200
9th Denmark 200
10th Qatar 196
72nd Tanzania 70
73rd Turkey 67
74th Ukraine 67
75th Georgia 65
76th Paraguay 65
77th Kazakhstan 64
78th India 62
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.