A cooler suitable for indoor and outdoor use is provided. The cooler includes a container having a bottom surface, a first base connectable to the bottom surface of the container and a second base alternatively connectable to the bottom surface of the container. The cooler may include open-ended inner and outer containers nested and spaced so that a gap is created between the outer container and inner container, with foam insulation occupying the gap. The first base supports the cooler at a height suitable for use on a table, while the second base supports the cooler suitable for stand-alone use on the floor or ground. The first base can be nested within and hung from the second base while the cooler is in use or stored.