Have you thought about relocating or retiring in Europe? 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.
Using notoriously expensive New York City as a benchmark — with an index score of 100 and considering five major metrics: cost of living, rent, groceries, eating out and purchasing power — a new study published by Ceoworld Magazine placed Switzerland as the most expensive nation on the planet with a 122.4 cost-of-living index.
“On the other side of the spectrum, the Islamic Republic of Pakistan is the world’s most affordable country to live in” Ceoworld Magazine writes, “followed by Afghanistan, India, Syria, Uzbekistan, Kyrgyzstan, and Tunisia.”
As for Georgia, this country is on 123th among 132 countries. This means that Georgia is one of the cheapest countries to live in.
This is the complete list:
10. South Korea
11. Hong Kong
17. New Zealand
20. United States