It is interesting to imagine the real conditions for living in one of the most cost-of-living countries on the planet. One of the good points is that many of these countries are classified as some of the happiest , cleanest , best and safest places to live. This selection highlights the 10 countries with the highest living costs in the world. It is important to consider that these numbers tend to fluctuate a bit, considering that the world is always changing. The numbers that are displayed are provided by Numbeo and correspond to the country’s Consumer Price Index, CPI. This index measures the average price of consumer goods and services in the country. The products and services are among the daily necessities such as transportation, medical care, and food. While some of these countries represent the upper class because of the high cost of living, it is also necessary to take into account the rewards for living in that country. Wages may be in par for the high cost of living, living conditions are often at the top of the rankings, and the country’s treasures can all affect the prospects and results of living in one of these. Source: historyaah.com
With a Consumer Price Index of 85.63, Kuwait is a small country with a large price tag, being this tenth position in this selection of the 10 countries with the highest costs of living in the world. You will need to make sure you have enough to reside here, especially if the person is foreigner thinking about living and starting a business, as it is quite difficult.
9. PAPUA NEW GUINEA
With Consumer Price Index of 86.55, the nation of this country may be a little surprised, considering that it has many friendly budget neighbors, but it is mainly due to lack of infrastructure and development. So for those who are traveling and thinking about residing in this country, it is important to be sure of the science of inflated prices.
With London qualifying as one of the most expensive cities to live in, it’s no surprise to find the U.K. here, with a Consumer Price Index of 86.68. Often gloomy weather may not help after checking the account balance at the end of the month. It is not in vain that the country has one of the best education and health systems in the world .
It is no surprise that Singapore is ranked as one of the most expensive countries in the world in this seventh position of the 10 countries with the highest costs of living in the world. With a Consumer Price Index of 88.12, it may be desirable to bring together one of the significantly cheaper neighbors such as Malaysia or Indonesia.
This beautiful country is ranked as one of the happiest, so it’s pretty obvious that its Consumer Price Index of 88.31 is not bothering people’s attitude about life. If the person has some replacement change after paying the living costs, there are some great attractions to check out around the country, so it is important not to spend without limits.
Australia ranks in the Consumer Price Index of 89.50. Some of the best attractions in the world are located here, to include the world’s largest sand island, Fraser Island and of course, Great Barrier Reef Marine Treasures. It may be expensive to live here, but the advantages seem to be worth it if you can manage it.
4. U.S. VIRGIN ISLANDS
Sorting in the Consumer Price Index of 93.41, this incredible group of islands should be worth every penny spent. That is, what to expect when you are in paradise? This place is special. There are some of the best beaches on the planet located here, an incredible golf course, crystal clear water for miles.
The Consumer Price Index is 95.41. Iceland is a beautiful country and ranked as one of the happiest places in the world, so people are not too worried about money here. Although decent cash flow is required to actually reside.
This Scandinavian beauty comes with the Consumer Price Index of 109.30. The incredible fjords and skiing in the country still make it a popular place to visit, but for those who wish to live there, they will have to shell out a lot of money since this is one of the countries with the highest cost of living in the world, being second place in this selection, of the 10 countries with the highest costs of living in the world.
Switzerland is leading position in this selection of the 10 countries with the highest costs of living in the world, with the Consumer Price Index of 124.51. But perhaps all the beautiful lakes surrounded by the Alps, skiing opportunities, and all the chocolate that is possible to dream, plus the pleasant conditions found in this nation, help not to think about the absurd price.