7 Most Expensive Countries In The World To Live In, 2020

1. Switzerland: With more than 8.6 million people living across, 41,285 square kilometers, 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. Norway: Located in Northern Europe, Norway is a Scandinavian country with a total population of 5.3 million people. Norway shares its borders with Sweden, Russia and Finland, and has a total landmass of 385,203 km². It’s only the 171st most densely populated country on earth, with roughly 14 people for every square kilometer Rent is expensive in Norway’s capital, so renting a one-bedroom studio apartment in Oslo, will set you back around $1,193 a month, or $85 a night in an Airbnb. You won’t have much change left from $15 when buying a meal out, and a beer will set you back around $9.11.

3. 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. Japan is an archipelago island nation in South-East Asia, made up of 6,852 islands, with a current total population of 126.8 million people. Of the 6,582 islands, the four largest islands account for the majority of inhabitants, as roughly 97% Japans population live on the four islands. Japan has many major cities, like Osaka, Yokohoma, Nagoya and Sapporo, which are all populated by more than 2 million people. However, Tokyo, Japans Capital City and the largest city in Japan, has an approximate population of 37 million people. To rent a one-bedroom studio apartment in Tokyo, you’re looking at spending in the region of $1,370 a month, or $111 a night in an Airbnb. Eating out varies in price, but as an average for one person, you should be looking at spending around $15.00 for a basic meal and around $6.00 for a beer. Coffee is also pretty reasonable, considering how expensive Tokyo is, at $2.81 a cup.

5. 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!

6. Bahamas: Made up of over 700 islands, the Bahamas has an approximate population of 389,482 million people living across its 13,943km² landmass. The largest city in the Bahamas is Nassau, with a total population of 255,000. If you’re thinking about visiting the Bahamas, then you should budget approximately $950 a month for a one-bedroom studio apartment in the city, or $149 a night for an Airbnb. You’ll need to take at least $50-$100 with you when you go out for a meal and some drinks, as a basic meal costs around $15-$20 and a beer will cost you around $2.50. Coffee is a little on the expensive side, at around $5 each.

7. Luxembourg is a landlocked country, located in western Europe, and has an estimated population of 620,319 people. Its population is small compared to other countries on the list, however, it has roughly 207 people per square kilometre, making it the 67th most densely populated country on earth. When you arrive in Luxembourg City, you can expect to pay around $1,322 per month for a one-bedroom studio apartment, or $80 a night in an Airbnb. Luxembourg seems like it’s slightly more expensive than the Bahamas when it comes to luxuries like beer and coffee, as one beer will cost you around $9 and coffee will set you back $6. Eating a basic meal out will cost between $17-$25 for one person depending on what you order.