Its official – These are the 30 most expensive countries to live in 2020

We live in a world that’s all kinds of things; it’s infected with viruses, it’s affected by our actions, it’s undoubtedly beautiful and also undeniably expensive. We all have our little spot on this planet but which are the most expensive spots (read: countries) to exist in 2020? Are you living in the top 10 of the most expensive countries in the world or the most affordable one? Thanks to a survey conducted by CEOWORLD and their annual assessment of the world’s most expensive countries, we have many answers; the factors that are taken into consideration are the price of groceries, utility bills, rent, and transportation. The data is then compared to the benchmark of most expensive places- New York, giving the metropolitan an index score of 100. Countries that scored above 100 were considered “more expensive” than NYC while scoring below was considered “cheaper.” Surprisingly, Switzerland won first place as the most expensive nation on the planet with a 122.4 cost-of-living index. Switzerland is followed by nine other locations throughout Europe making it the dominator in the list. Only one North American country, the United States, made it to the list along with five countries that came from Asia, two from the Caribbean, two from Oceania and one from Africa. Listed below are all the countries in order, be ready to get surprised-

This is the complete list:
1. Switzerland
2. Norway
3. Iceland
4. Japan
5. Denmark
6. Bahamas
7. Luxembourg
8. Israel
9. Singapore
10. South Korea
11. Hong Kong
12. Barbados
13. Ireland
14. France
15. Netherlands
16. Australia
17. New Zealand
18. Belgium
19. Seychelles
20. United States
21. Austria
22. Finland
23. Sweden
24. Canada
25. Puerto Rico
26. Malta
27. United Kingdom
28. Italy
29. Germany
30. Macao

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With over 15 years of experience in luxury journalism, Neha Tandon Sharma is a notable senior writer at Luxurylaunches. Her expertise spans luxury yachts, high-end fashion, and celebrity culture. Beyond writing, her passion for fantasy series is evident. Beginning with articles on women-centric gadgets, she's now a leading voice in luxury, with a fondness for opulent superyachts. To date, her portfolio boasts more than 2 million words, often penned alongside a cappuccino.