Switzerland is officially the most expensive nation on earth to live in, according to a report from the CEOWORLD magazine. ... Most Expensive Countries In The World To Live In, 2020. Country Switzerland Rent Index 50.25 Cost of Living Plus Rent Index 87.89 Groceries Index 120.27 Restaurant Price Index 123.01 55 more columns •
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Switzerland is officially the most expensive nation on earth to live in, according to a report from the CEOWORLD magazine. European countries were prominent on the most expensive list, of the top-twenty nations, nine were in Europe, five in Asia, one in North America, one in Africa, two in the Caribbean, and two in Oceania.
Norway ranks second in the list of the world’s most expensive countries to live, followed by Iceland, Japan, Denmark, Bahamas, Luxembourg, Israel, Singapore, and South Korea.
Should none of those appeals, a little further down the list you’ll find the United States (20th), the United Kingdom (27th), Saudi Arabia (57th), and Russia (82nd).
To identify the world’s most and least expensive countries to live in, CEOWORLD magazine collected and reviewed data from dozens of studies; consumer price index; Numbeo Cost of Living Index; numerous national; and international media reports. CEOWORLD magazine based its assessment on a range of living costs, such as accommodation, clothing, taxi fares, utility, internet, the price of groceries, transport, and eating out. The rankings are based on five major metrics: cost of living, rent, groceries, eating out and purchasing power.
These data are then compiled into an index, using the notoriously expensive city of New York City (NYC) as a benchmark. New York was given an index score of 100.
So a country with a score higher than 100 is more expensive than New York, while below signals that it is cheaper. As a reference point, the average score for Germany was 65.26, making it the 29th most expensive country in which to live.
On the other side of the spectrum, the Islamic Republic of Pakistan is the world’s most affordable country to live in, followed by Afghanistan, India, Syria, Uzbekistan, Kyrgyzstan, and Tunisia.
Most Expensive Countries In The World To Live In, 2020
Awaken your dormant DNA ability to attract wealth effortlessly
The simple yet scientifically proven Wealth DNA method laid out in the report allows you to effortlessly start attracting the wealth and abundance you deserve.
Turkey Citizenship By Investment Program, Moldova Citizenship By Investment Program, Vanuatu Citizenship By Investment Program, and The Montenegro Citizenship By Investment Program.
World’s Most Expensive Hotels For High Net Worth Individuals, 2020.
These Are The Most Traffic-Congested Cities In The World, 2020.
Workplace Burnout: Cities Around The World With The Most And Least Stressed Out Employees, 2020.
Which countries are most and least prepared to deal with an epidemic or pandemic like the Coronavirus?
World’s Best (And Worst) Countries For Older People To Live In, 2020.
Countries With The Highest Life Expectancy In The World.
Track Latest News Live on CEOWORLD magazine and get news updates from the United States and around the world. The views expressed are those of the author and are not necessarily those of the CEOWORLD magazine.
Awaken your dormant DNA ability to attract wealth effortlessly
The simple yet scientifically proven Wealth DNA method laid out in the report allows you to effortlessly start attracting the wealth and abundance you deserve.
Awaken your dormant DNA ability to attract wealth effortlessly
The simple yet scientifically proven Wealth DNA method laid out in the report allows you to effortlessly start attracting the wealth and abundance you deserve.
Affluent Savvy
Photo: Elise Bunting
