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

Scale:
  • 58: India (cheapest)
  • 100: Czech Republic
  • 289: Bermuda (most expensive)

Cost of Living Ranking by Country

Ranking Country Price Index
1st Bermuda 289
2nd Cayman Islands 272
3rd Switzerland 246
4th Hong Kong 227
5th Bahamas 227
6th Ireland 208
7th Norway 208
8th Denmark 197
9th Luxembourg 190
10th Singapore 189
77th Ukraine 66
78th Tanzania 65
79th Tunisia 65
80th Paraguay 65
81st Georgia 63
82nd Kazakhstan 62
83rd India 58
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.