The 10 most expensive countries to live in, ranked
Cost-of-living index: 85.45
Local purchasing power: 96.10
International Citizens reports that housing expenses are higher in Ireland than in the United States, with some neighborhoods having prices comparable with London and New York City. Ireland does, however, have free and subsidized public heath care.
Cost-of-living index: 86.53
Local purchasing power: 102.30
Numbeo reports that Israel’s cost of living is 14.58% higher than that of the United States (rent not included). However, rent in Israel is 21.52% lower than that in the United States.
Cost-of-living index: 86.58
Local purchasing power: 107.35
Expatistan reports that Japan in the third most expensive country in Asia, with the cost of living in the country topping 80% of countries around the world.
Cost-of-living index: 91.40
Local purchasing power: 95.89
Expatistan reports that Singapore is the second most expensive county in Asia, with the cost of living being more expensive than 94% of the countries around the world.
Cost-of-living index: 93.30
Local purchasing power: 117.53
Numbeo reports that the cost of living in Copenhagen is 14.44% lower than that of New York City, while the cost of living in Aarhus, Denmark’s second biggest city, is 19.38% lower than that of New York City. However, restaurant menu prices make Denmark one of the priciest countries to dine out in.
Cost-of-living index: 96.56
Local purchasing power: 116.73
Expatistan reports that the cost of living in Luxembourg is more expensive than in 81% of the cities in Western Europe, in addition to being more expensive than 85% of cities around the word.
4. The Bahamas
Cost-of-living index: 100.68
Local purchasing power: 71.40
Numbeo reports that rent in the Bahamas is 9.41% lower than that in the United States; however, restaurant prices in the country are 18.24% higher than those in the US.
Cost-of-living index: 113.70
Local purchasing power: 107.95
Expatistan reports that Norway is the third most expensive country in all of Western Europe, with a cost of living higher than 95% of the countries around the world.
Cost-of-living index: 131.39
Local purchasing power: 126.15
Expatica states that the cost of living in Zurich, Switzerland’s largest city, is about the same as the cost of living in New York City, though it is 26% more expensive than Paris and 63% more expensive than Brussels.
Cost-of-living index: 123.96
Local purchasing power: 87.84
Numbeo reports that the cost of living in Iceland is about 40.21% higher than that of the United States (rent not included). In addition, rent in Iceland is 15.57% higher than that in the United States.