Curious about which nations are hitting the top of the list when it comes to the cost of living? Keep reading to discover.

Dreaming of an international move? This list may make you reconsider some destinations, especially with some surprising entries.

The 10 Most Expensive Countries to Live in Worldwide

Our rankings are based on the cost of housing and daily living expenses for a single individual residing in the country’s capital, taking into account the population size.

So, without further ado, here are the top 10 countries where your money might not go as far as you’d hope:

Here are The 10 Most Expensive Countries to Live in Worldwide

10. Barbados – $2,061

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Our countdown begins with Barbados, an island country in the Caribbean region. Although it’s relatively small, its capital, Bridgetown, houses a considerable portion of its 285,719 residents. Here, monthly rent for a basic apartment can touch $500, while eating out might not be as cheap as you’d think.

9. Japan – $2,612

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Japan comes next, with its blend of tradition and ultra-modernity. Living in Tokyo, the capital and the largest city, will mean higher costs, especially with rents averaging at $1,370 monthly for a single bedroom apartment.

8. Norway – $2,659

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This Scandinavian nation, with its serene landscapes and rich history, has Oslo as its capital, where renting can set you back by around $1,193 monthly.

7. The Bahamas – $2,704

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An archipelago of over 700 islands, The Bahamas might seem like a dream, but living in its largest city, Nassau, requires a substantial budget, especially when heading out to dine.

6. Luxembourg – $2,751

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Being one of the smallest sovereign nations doesn’t make Luxembourg any less pricey. Rent in Luxembourg City can average at $1,322 per month.

5. Iceland – $2,802

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Iceland, known for its breathtaking natural beauty, might not be kind to your pocket, especially if you plan to reside in Reykjavik, the capital.

4. Denmark – $3,312

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Another Scandinavian country on the list, Denmark has Copenhagen as its capital, which is renowned for its high quality of life – and equally high living costs.

3. Switzerland – $3,162

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With picturesque cities like Bern and Zurich, Switzerland is third on our list. The cost of living here, especially in the capital, can be a tad bit overwhelming for many.

2. Cayman Islands – $3,387

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Known for its offshore businesses, the Cayman Islands, especially its capital, George Town, demands a hefty budget, particularly when dining out.

1. Bermuda – $5,011

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Topping our list is Bermuda, a British territory in the North Atlantic. Living in its capital, Hamilton, will require deep pockets, especially with rents soaring as high as $2,675 monthly for a studio apartment.

Summary

So, there you have it – a deep dive into the most expensive countries to settle in. While these nations offer unique experiences and high standards of living, they come with a price tag to match. If you’re planning to visit or move to any of these destinations, it’s essential to be financially prepared.

Recap of the 10 Most Expensive Countries to Live in Worldwide:

1. Bermuda – $5,011

2. Cayman Islands – $3,387

3. Switzerland – $3,162

4. Denmark – $3,312

5. Iceland – $2,802

6. Luxembourg – $2,751

7. The Bahamas – $2,704

8. Japan – $2,612

9. Norway – $2,291

10. Barbados – $2,061

Which country surprised you the most? Share your thoughts in the comments below.