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

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

Cost of Living Ranking by Country

Ranking Country Price Index
1st Bermuda 293
2nd Switzerland 229
3rd Hong Kong 220
4th Bahamas 209
5th Norway 206
6th Ireland 205
7th Singapore 191
8th Australia 188
9th Luxembourg 185
10th Netherlands 183
71st Egypt 67
72nd Paraguay 63
73rd Azerbaijan 61
74th Kazakhstan 60
75th Ukraine 59
76th Georgia 56
77th India 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.