Here are the five most expensive countries to live in worldwide, courtesy of www.casinosnz.io:
5. Iceland – $2,802
Coming in at number five on our list of the most expensive countries in the world is Iceland. Iceland is located between the North and Atlantic Oceans and has a total surface area of 103,001 square kilometres. However, Iceland’s population of 339,949 people, remains relatively low in comparison to others on our list as its harsh geographical landscape proves difficult to live in for many, at times.
As a result, Iceland has the lowest population density of any European country, at just 3 people per kilometre. Staying in Iceland will cost you approximately $1,236 a month for a one-bedroom studio apartment in the capital city of Reykjavik, or $128 a night in an Airbnb. Whilst you’re there, eating out will cost you around $12 for a basic meal, $8 for a beer and $2.15 for a cup of coffee.
4. Denmark – $3,312
The southernmost Nordic country in Northern Europe, Denmark, is the fourth most expensive country to live in worldwide. Denmark, bordered by Germany, Sweden and Norway has a total current population of 5.7 million people. The Scandinavian countries capital city is Copenhagen, which has an urban population of 1.2 million people, and a metropolitan population of 1.99 million.
Known as one of the happiest places to live on earth, Copenhagen is also a very expensive city to live in. For a one-bedroom studio apartment, you’re looking at $1,917 a month, or $96 a night in an Airbnb. Eating out will cost you approximately $18 per person and beers and coffee are anyway between $5.50-$6.50 a pop!
3. Switzerland – $3,162
Switzerland is the third most expensive country to live in worldwide. With more than 8.6 million people living across, 41,285 square kilometres, Switzerland is the 95th most populated country in the world, and the 135th largest country in terms of the total landmass.
Switzerland has a number of beautiful cities to live in, like it’s capital, Bern, and it’s the largest city, Zurich. Bern has approximately 133,000 people living there and accommodation for a month in Bern, for one person, will cost in the region of $1,366, or $86 a night in an Airbnb. A meal out will cost you approximately $15-$20, with an additional beer costing around $6.00 and coffee costing around $5.00 a cup.
2. Cayman Islands – $3,387
The Cayman Islands is the second most populated British overseas territory in the world, just behind Bermuda. It is located in the western end of the Caribbean sea and has a total current population of approximately 63,000 people. It’s made up of a number of islands like Grand Cayman, Little Cayman and Cayman Brac, and you can access sports betting au sites from them.
The Cayman Islands are well known for housing offshore companies, and it’s believed that there are over 100,000 companies registered in the Cayman Islands. If you’re considering doing business in George Town, the capital city of the Cayman Islands, then a one-bedroom studio apartment will cost you around $1,924 a month or $83 a night on an Airbnb.
Food and drink on the island are where you might spend a lot of your money. A basic meal out will cost you at least $20-$30, with beer costing around $8.00 and coffee costing around $7 a cup.
1. Bermuda – $5,011
At over $5,000 a month for accommodation and living expenses, Bermuda is the most expensive place to live worldwide. Similar to the Cayman Islands, Bermuda is another British territory located in the North Atlantic. Bermuda has a total population of approximately 65,000 people living across a total landmass of 20.5 square miles.
Its capital city, Hamilton, is also Bermudas only incorporated city and has a current population of just over 1,000 people. When looking for accommodation in the city, you’re going to need some deep pockets, as a one-bedroom studio apartment will cost you around $2,675 a month, or $212 a night in an Airbnb. If you’re a drinker, then get prepared to spend some cash, as one glass of beer will cost you a minimum of $10, and dinner will be around $20-$30 per person.
