Better be careful when considering which country to chose now that nine have made it to the list of the 20 most expensive in the world to live in. The color of each marker corresponds with the cost of living in the city red markers show more expensive cities green ones show cheaper cities Moving the mouse on top of a city will show its name and the Cost of Living Index of that city. Cost of Living in Denmark: Denmark is one of the most expensive countries to live in worldwide and even has a higher cost of living when compared to most countries in Europe. The world's most expensive countries to live in were calculated by MoveHub, a company dedicated to helping people move abroad, in a new survey. (Note this doesn’t mean a 1-bedroom apartment/ studio. Four European countries are in the top five places and Italy (my country) is in 28th place. > Index by Country. Cost of Living Index by Country 2021. This is largely attributed to the country’s remote location, which is a significant reason why it is the 3rd most expensive country to live in Europe. Additionally, thanks to the lack of housing options on the island, it’s most unusual to pay as much $650 for a single room. Cost of Living in Denmark Compared to Other Countries in 2020. At the other end of the spectrum, it’s no surprise to find that Switzerland is Europe’s most expensive country, ranking as the world’s second-priciest place to live. The most expensive country in the world to live in 2020 is Switzerland. Europe’s most affordable country is Ukraine, which places 113th in the global rankings, followed by Kosovo at 109th and Moldova at 101st. Eating out is a steal, too, with prices averaging 71% less. Luanda, Angola; The Angolan capital and the largest city in the country is among the most expensive cities in Africa live in on the continent. 6. Uruguay. It's a snapshot of the current indices at a specific point in time. Chart: Cost of Living Index. Here are the 10 most Expensive countries according to there cost of living index. The Swiss city of Zurich has also been named as one of the most expensive cities in the world. Uruguay may be South America’s second-smallest country, but it’s chock full of … In fact, they rank only in 20th place. Even though Taiwan is one of the most expensive countries to live in, you can rent a place to live for 85% cheaper than in New York City. The most expensive country to live in Europe is Switzerland. 4. The city is ranked the 25th most expensive city to live globally. These indices are historical and they are published periodically. The cost of living can be expensive. Interestingly the United States is not among the 15 most expensive countries to live in. You are looking at Cost of Living Index by country 2021. 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