Switzerland has topped the list for the second year in a row, according to a report by UBS Group AG economists who track prices in 77 cities worldwide. The Swiss currency rose more than 2% at one point last week due to concerns about global trade and volatility in markets.
Switzerland. The land of chocolate, cheese, and luxury watches has topped the list once again this year.
Switzerland is the most expensive country in the world to live in, according to a report by UBS Group AG economists who track prices in 77 cities worldwide. The Swiss government recently announced plans to reduce its corporate tax rate by nearly 5 percent over three years, which spurred investors' confidence that it could help lift exports and attract more business. But Switzerland's reputation as a safe haven remains intact despite political tensions between Russia and Turkey over military operations near Syria's border with Turkey that have caused oil prices to spike since June 20th.
The cost of living here is high because there are fewer people per square mile than other European countries such as France or Germany but there are also higher taxes on basic necessities like food items (as well as alcohol), clothing items (such as shoes) etc., so if you want something cheap just don't buy it here!
Norway.
Norway is a Scandinavian country bordering Sweden, Finland, and Russia. It is the second largest oil producer in the world after Saudi Arabia. The Norwegian krone (NOK) is the official currency of Norway.
Norway has one of the highest standards of living in all Europe with a GDP per capita of $78,300 as compared to other European countries like Germany ($55,900), France ($45,500), or Italy ($41000). In addition to having a great economy with high salaries and good working conditions for its citizens it also offers many benefits such as free health care for everyone including pensioners under 65 years old who live in your house for at least 6 months out of every year or earn more than 40000 Euros per year (or 90000 NOK).
Iceland.
Iceland is the fourth most expensive country in the world. The country's cost of living is high because of its high wages, and the high cost of living.
Iceland imports a lot of food and other goods from other countries, so they have to pay higher prices than other countries do for these items. Also, rent is very expensive in Iceland because land prices are quite high compared to other countries' land prices (the average price per square meter was $3300 USD).
Japan.
Japan is the most expensive country in Asia and Tokyo is the world's most expensive city for the fourth year in a row.
The country has a large population, but it also has very high standards of living. As you can imagine, that makes it harder to find things that are cheap or even just decent-quality compared with other places around the world.
Denmark.
Denmark is the second most expensive country in the world to live in. It has a high cost of living, but it also has a high income and GDP per capita.
Bahamas.
The Bahamas is a country in the Caribbean Sea. It has a rich history of pirates and shipwrecks, and it's also known for its diverse culture and thriving economy.
The Bahamas has some of the world's best beaches, which are located on islands like New Providence Island and Eleuthera Island. As you can imagine, these islands are absolutely gorgeous! You'll find amazing resorts (like Atlantis) that offer great amenities such as pools with swim-up bars or restaurants overlooking the ocean—and if you're staying at one of these resorts then chances are high your trip will cost quite a bit because there are so many things to do here too!
Luxembourg.
Luxembourg is a small, landlocked country in western Europe, bordered by Belgium, France and Germany. It's one of the wealthiest nations in the world with an estimated GDP per capita of $105,000 (US dollars). The city of Luxembourg City is its capital and largest city. Its official language is French but German and English are also spoken by many people here.
Israel.
Israel is the most expensive country in the Middle East, with an average cost of living that's higher than many European countries. The high cost of land and housing is partially due to its status as a nation surrounded by other nations—Israel has been fighting for its existence since 1948, when it was founded after being invaded by neighboring countries.
The Israeli government also puts a heavy emphasis on education and healthcare—it's considered one of the best places in the world for both these things!
Singapore.
Singapore, the most expensive country in Asia, has topped the list for a third year running.
The city state has the highest cost of living in Asia and is also one of only two countries on earth that can claim to be both a developed nation and a member of the United Nations (the other being Israel). A pint of beer here costs $10; your morning coffee can cost up to $8 if you're buying it from Starbucks or 7-Eleven—which is actually cheaper than most places outside Singapore!
Switzerland is the most expensive country in the world to live in, according to a report by UBS Group AG economists who track prices in 77 cities worldwide.
Switzerland is the most expensive country in the world to live in, according to a report by UBS Group AG economists who track prices in 77 cities worldwide.
The average annual cost of living was $60,000 per person and $40,000 for a family of four.
Conclusion
So what can you do if you want to live in Switzerland? You can move there of course, but there are other options. One way is to buy property, which will cost more than $1 million per unit according to UBS Group AG economists who track prices in 77 cities worldwide.
