These Are the World’s Most Expensive Countries to Live In 2020
It’s only natural to be dreaming of travel in the post-pandemic world. And with all that extra beer money you’re saving, you may even be able to push the boat out when this thing is over. With that in mind, CEOWORLD have released a list of the world’s most expensive countries to live in, with Switzerland coming out on top.
Yes, Switzerland is the most expensive country in the world to live in for 2020, according to a new report by CEOWORLD. The mountainous European hub topped the list, with nine other European countries making the top 20.
CEOWORLD analysed numerous metrics from various sources to determine the rankings, including the consumer price index and Numbeo Cost of Living Index. The magazine then compared statistics across various costs of living, including areas such as accommodation, clothing, transport, utilities, food and eating out.
CEOWORLD used New York City to serve as its benchmark, giving it an index score of 100. Switzerland came in first with a cost of living index of 122.4. The Nordic countries of Norway (101.43) and Iceland (100.48) came in 2nd and 3rd, respectively, with Japan (83.35) the first non-European country to feature on the list.
Only the United States (71.05) represents North America in the top 20, while five others came from Asia, two from the Caribbean, two from Oceania and one from Africa. On the other side of the list, Pakistan (21.98) came in as the ‘most affordable’ country, closely followed by Afghanistan (24.24), India (24.58) and Syria (25.31).
Check out the full top 20 by below or visit CEOWORLD’s website now to read more on the study:
- South Korea
- Hong Kong
- New Zealand
- United States
If you’re looking for a break once the pandemic passes, we recently headed east to the land of sumo, sushi and Shinto. Here’s How to See Japan in Two Weeks.