Most expensive countries in the world
The global company ‘Movehub’ which helps people settle abroad has recently given rankings to identify the most expensive countries across the world. The company has given an index of 100 to New York and according to them, any country scoring more than 100 would be more expensive than New York. Following are the most expensive countries according to their rankings:-
Bermuda:- With an index score of about 126.34, this Atlantic Ocean island has been identified as one of the most expensive countries in the world to live in.
Switzerland: Already ranking in top countries in Human Development Index due to the infrastructure, Healthcare and clean environment facilities, Switzerland also tops the list of most expensive nations of Europe with a score of about 90.68.
Hong Kong:- Hong Kong scores 81.93 on the index and is one of the most expensive countries across the globe. Even the tiniest apartment is quite costly with a very high cost of living.
Iceland:- the country does not have agricultural grounds and has to import most of its food from rest of the world therefore, cost of living here is very high and it scores about 80.47 percent on the development index.
Singapore:- You may be surprised to see this south Asian country on the list of world’s most expensive countries. Singapore has a high cost of living and from housing to grocery, everything comes in for good bucks.
Norway: Providing the high standards of living and among the top countries in Human Development Index ranking, Among Scandinavian countries and across the Globe, Norway is one of the most expensive countries of the world. It scored a 74.47 on the index by Movehub.
Bahamas: One of the most expensive island nation, here the cost of goods is inflated due to imports increasing the exports.
United Arab Emirates: Set as a home to the rich and famous people of the world, United Arab Emirates is one of the most expensive places to live in.
Qatar: The country demands in highly skilled workers from across the globe at competitive and dream salaries, however, most of the salary is gone in bearing the cost of living there.
Luxemburg: Located at the borders of France, this small landlocked country is beautifully best and has a high cost of living.
The other countries to feature in the list of most expensive nations by the Movehub are Australia, New Zealand, Ireland, Denmark, U.S.A. So before you plan to settle abroad, do remember the countries which can play heavy to your pockets!!
