Top 5 Most Expensive Countries

Top 5 Most Expensive Countries-top 5 World

Here We are Discuss the Top 5 Most Expensive Countries in the World with reference to Accommodation, Transportation, Education, Medical Expenses, and Cost of Living. Let See Detail of Top 5 Most Expensive Countries

1.Switzerland

Switzerland-Top 5 World

Switzerland is a European hub for finance and technology, which means there are highly paid employments for immigrants in all the major cities. However, the cost of living in Switzerland is not cheap. Zurich is ranked as the most expensive city in the whole world (it is 21% more expensive than London) and Geneva is at 3rd number in costlier cities across the world. The currency of Switzerland is the Swiss Franc (CHF). Swiss Franc is also costlier than USD i.e. 1 CHF=1.05 USD. Let’s see the cost of living in Switzerland.

Accommodation:-

PropertyCost
1 bedroom apartment (in city area)CHF 1200 to CHF 3000
1 bedroom apartment (outside city area)CHF850 to CHF 1900
3 bedroom apartment (in city area)CHF 2350 to CHF 5850
3 bedroom apartment (outside city area)CHF 1700 to CHF 3300

Transportation:-

Public transportation is most popular mode of transportation in Switzerland. Monthly expense you need to incur for different modes of transportation is as follow:-

Mode of transportationCost
Bus Transport PassCHF 70
Bus ticket (one time)CHF 3
GasolineCHF 6 (1 gallon)
TaxiCHF 36 (5 Miles)

Education:-

Education cost is very different from city to city in Switzerland. Also, cost of education is very high in Switzerland. The cost of education range from different stages of education is as follows:-

EducationCost
PreschoolCHF 22800 to CHF 26400 (Annual)
Private SchoolCHF 23000 to CHF 28000 (Annual)
University (University of Zurich)CHF 720 per semester (plus CHF 500 for international students per semester)
University (ETH Zurich)CHF 580 per semester

Other:-

ExpenseCost
InternetCHF 480 to CHF 720 (Annual)
Gas, Electricity, water etc.CHF 1500 to CHF 1800 (Annual)
GroceryCHF 3200 to CHF 3800 (Annual)

Medical Expense:-

It is compulsory to take health insurance in Switzerland. Health facilities are highly expensive in Switzerland. The cost of some basic medical facilities is as follows:-

Medical ServiceCost
Family doctor feesCHF 120 to CHF 130
Prescription feesCHF 30 to CHF 35

Earning:-

As compared to the cost of living in Switzerland earning of the people are high. Just because of that their economy is highly growing. Approximate earning of a different class of employees are as follows:-

EmploymentSalary (Annual)
Financial AnalystCHF 20000 to CHF 23000
Mobile DeveloperCHF 105000 to CHF 108000
CashierCHF 18000 to CHF 21500
Graphics designerCHF 30000 to CHF 34000
ReceptionistCHF 38000 to CHF 46000
Software EngineerCHF 60000 to CHF 74000
TeacherCHF 34000 to CHF 42000
Website DeveloperCHF 55000 to CHF 69000
CopywriterCHF 42000 to CHF 49000

We hope that information written over here is very useful for those who are planning to shift to Switzerland. Switzerland is a well-developed country, where each and every people are getting a job very easily.

2.Norway:-

Norway- Top 5 World

Norway is a very expensive country in the eye of visitors, however, it is not expensive for the people residing in Norway. Visitors have to pay more to visit Norway because of the exchange rate. However, the exchange rate is not affecting to the lifestyle of the person residing in Norway. The currency of the Norway is Norwegian Kroner (NOK), the exchange rate with USD is 1 USD=9.60 NOK.

However, if you want to migrate to Norway it is very much important to know the cost of living to survive without job for some time.

Accommodation:-

The most expensive cities of Norway are Bergen, Oslo, Trondheim, and Stavanger. The affordable cities of Norway include Telemark, Hedmark, and Oppland. One of the most problems is the very high-Security Deposit for rented property. It is almost equal to 4 to 6 months rent. You may have to spend the following amount on your accommodation:

CityCost of Accommodation  for Single ExpatCost of Accommodation for Family
BergenNOK 10300 to NOK 10600NOK 37100 to NOK 38600
TrondheimNOK 9800 to NOK 10400NOK 37500 to NOK 38750
OsloNOK 10400 to NOK 10900NOK 37900 to NOK 39100
StavangerNOK 10350 to NOK 10600NOK 38200 to NOK 39400

Transportation:-

Mode of TransportationCost
One way ticketNOK 35
Monthly Pass (Local TransportNOK 800
Taxi per KMNOK 14 to NOK 18
Gasoline (Liter)NOK 16

Education:-

In Norway education is free in public schools, and this includes higher education also. For international students also education is free in public schools. They have to expend few charges for their student pass, membership, etc. which is also a nominal amount like NOK 350 to NOK 500. Education in private schools is also allowed in Norway. But there is a cap in fees structure decided by the private schools up to NOK 3050. In addition to that students have to spend NOK 450 to NOK 750 for their food cost.

Grocery and Food:-

Food in Norway is expensive as Norway is not self-reliant for food. Norway is importing its food requirement.

ItemCost
12 EggsNOK 37
1 liter milkNOK 18
1 loaf of breadNOK 25
1 kg beefNOK 260
1 kg vegetablesNOK 20 to NOK 30
1 bottle beerNOK 30 to NOK 40
1 bottle wineNOK 120 to NOK 170
Normal restaurant mealNOK 150 to NOK 180
Three course mealNOK 750 to NOK 900
Fast foodNOK 80 to NOK 125

Medical Expense:-

In Norway, healthcare facilities are free up to the age of 16 and for pregnant women and nursing women. Everybody else must have to pay NOK 2050 to get an exemption pass for medical facilities. There are very few health insurance companies.

Earnings:-

EmploymentSalary (Annual)
ManagerNOK 800000 to NOK 890000
IT ManagerNOK 700000 to NOK 750000
Software EngineerNOK 575000 to NOK 650000
EngineerNOK 550000 to NOK 675000
Software DeveloperNOK 600000 to NOK 750000
IT Project ManagerNOK 710000 to NOK 840000
Sales ManagerNOK 640000 to NOK 775000

3. Iceland

Iceland-Top 5 World

The cost of living in Iceland is very high because of its tax structure. People of Iceland are paying high taxes as compared to other countries. Iceland is the second most expensive country across the globe if we ignore the cost of accommodation. The currency of Iceland is Icelandic Krona (ISK). The exchange rate with USD is 1 USD=138.25 ISK. So if you are planning to migrate to Iceland then it is worth reading this article.

Accommodation:-

If you are not owning any house at Iceland then you may have to pay rent as follows:-

Type of AccommodationCost (Monthly)
1 Bedroom Apartment (Outside City area)ISK 140000 to ISK 155000
1 Bedroom Apartment (City area)ISK 170000 to ISK 190000
3 Bedroom Apartment (Outside City area)ISK 240000 to ISK 265000
1 Bedroom Apartment (City area)ISK 268000 to ISK 290000

If you want to purchase a house in Iceland then it may cost you ISK 500000 to ISK 590000 per square meter in the city Area or ISK 400000 to ISK 480000 per square meter outside the city area.

Education:-

The cost of education in Iceland is also very high compare to other countries. The cost of education for Preschool or Kindergarten in a private school is about ISK 35000 per child per month. On another side cost of international primary school may cost you ISK 775000 to ISK 810000 per year.

The three big universities of Iceland are the University of Iceland, Reykjavik University, and Iceland Academy of Arts. These universities are providing affordable accommodation for students.

Transportation:-

Almost all cities of Iceland are small in their area so people may not have to pay more behind transportation. Mostly walking from one place to another place is a good option for the citizens of Iceland. However, there are options available for public transport also. The cost of such transport mode is as follow:

Type of TransportationCost
One way ticket (Public Transport)ISK 400 to ISK 520
Monthly PassISK 12900
TaxiISK 700
Taxi (On Distance Basis)ISK 280 to ISK 320 (Per KM)
Taxi (Hourly Basis)ISK 7500 to ISK 8000 (Per Hour)
GasolineISK 225 (Per Liter)

Food & Grocery:-

Cost behind food & grocery may be like as follow:

Food & GroceryCost
RiceISK 390 (Per KG)
ApplesISK 325 (Per KG)
EggsISK 700 (12 Eggs)
MilkISK 170 (Per Liter)
OnionISK 260 (Per KG)
WineISK 2000 to ISK 2850
Domestic BeerISK 750 (Per Liter)
Imported BeerISK 900 (Per Liter)
BreadISK 800 (Per KG)
ChickenISK 2100 (Per KG)

Medical facilities:-

The healthcare system is very well and affordable for anyone because 85% of the healthcare cost is being paid out of taxes collected by the government. And balance 15% cost is also managed by the Ministry of Welfare. There is no single private health insurance in Iceland, in addition to that, not a single private hospital is allowed in Iceland.

Earnings:-

Earnings of different type of professional may be as below:

EmploymentEarning
ArchitectISK 3100000 to ISK 3350000
Finance ManagerISK 7000000 to ISK 7325000
CookISK 3000000 to ISK 3420000
CoachISK 11300000 to ISK 12500000
HR ManagerISK 5810000 to ISK 6240000
EngineerISK 3860000 to ISK 4400000

4. Japan

Japan-Top-5-World

Japan is the most costly country in entire Asia. Tokyo comes in the second rank in terms of the expensive city after Hong Kong in the globe. Actually, Japan is another United States of Asia. Japan is popularly known as the “TECHNOLOGY HUB OF WORLD”. Everyone who is interested in technology is willing to migrate to Japan. So it is advisable to know the cost of living in Japan to survive until you find a job. The currency of Japan is the Japanese Yen (¥). The exchange rate of Japanese Yen (¥) with USD is 1 USD=107 Japanese Yen (¥).

Accommodation:-

AccommodationCost
1 Bedroom Apartment (Outside City area)¥ 55000 to ¥ 60000
1 Bedroom Apartment (City area)¥ 85000 to ¥ 90000
3 Bedroom Apartment (Outside City area)¥ 110000 to ¥ 115000
1 Bedroom Apartment (City area)¥ 190000 to ¥ 200000

If you want to buy your own apartment in a city area then you may have to pay ¥ 922000 to ¥ 959000 per square meter and for an apartment outside the city, the area may cost you ¥ 531000 to ¥ 548000 per square meter.

Food and Grocery:-

You have to incur expense towards food and grocery would like this:

FoodCost
Milk¥ 195 (Per Liter)
Bread¥ 410 (Per KG)
Apples¥ 750 (Per KG)
Potato¥ 400 (Per KG)
Wine¥ 1350 (Per Bottle)
Beer (Domestic)¥ 540 (Per Bottle)
Beer (Imported)¥ 700 (Per Bottle)
Beaf¥ 2350 (Per KG)
Eggs¥ 250 (12 Eggs)
Cheese¥ 1925 (Per KG)
Onion¥ 345 (Per KG)

Education:-

Cost of education is vary on level of education in Japan. Expected cost of education in Japan is as below:

Level of EducationCost (Yearly)
Kindergarten¥ 400000 to ¥ 415000
Primary School¥ 1312500 to ¥ 1612800
Middle School¥ 1740000 to ¥ 2097000
Secondary School¥ 2150000 to ¥ 2739000

Transportation:-

Most of the people of Japan are traveling by walking or by cycle. However public transportation is also popular in Japan. The cost of transportation in Japan is as follow:

Mode of TransportationCost
Taxi¥ 345 to ¥ 535 (1 KM)
Taxi¥ 345 to ¥ 535 (1 Hour)
Local Transport¥ 220 (One way)
Local Transport (Monthly Pass)¥ 9800
Gasoline¥ 144 (Per Liter)

Medical Facilities:-

It is a mandatory requirement of every person to have health insurance provided by the state. The cost of health care is closely monitored by the state government. So that cost of treatment cannot be so high. However, the cost of treatment depends on the nature of the treatment. Still, we are giving you a general idea about the cost of healthcare facilities in Japan. The cost of emergency rooms may be around ¥ 10500 to ¥ 15400 and the cost of the clinic may be around ¥ 5200 to ¥ 10400.

Earnings:-

Earnings in Japan is depending on the job profile you own. There are people who are earning crores in the month also. Expected earnings in Japan based on job profile are as follows:

EmploymentEarning
HR Manager¥ 275000 to ¥ 400000
Web Designer¥ 304000 to ¥ 549000
Engineer¥ 265000 to ¥ 354000
Teacher¥ 245000 to ¥ 359000
Waiter¥245000 to ¥348000
Translator¥ 250000 to ¥ 356000
IT Professional¥ 380000 to ¥ 675000

5. Denmark

Denmark is one of the most socially and economically developed countries on the globe. Cities of Denmark which are highly popular for students are Copenhagen, Aarhus, Odense, and Aalborg. The people of Denmark are enjoying a high standard of living, a well-settled education system, and healthcare facilities in the world. Denmark is also enjoying income equality amongst the people because they are earning high as well as their spending is also high. The currency of Denmark isDanish Krone (DKK). The exchange rate with USD is 1 USD=6.65 DKK.

Denmark-Top 5 World

Accommodation:-

Denmark is the fifth costliest country in the world just because of its cost of accommodation. House in Denmark is very expensive as compared to another country.

AccommodationCost
1 Bedroom Apartment (Outside City area)DKK 5000 to DKK 5500
1 Bedroom Apartment (City area)DKK 6900 to DKK 7400
3 Bedroom Apartment (Outside City area)DKK 9250 to DKK 10300
1 Bedroom Apartment (City area)DKK 12400 to DKK 14500

Food & Grocery:-

Food and grocery expense in Denmark are very much expensive than in other European countries. The cost of water is also considerably high.

Food and GroceryCost
RiceDKK 14 to DKK 16 (Per KG)
EggsDKK 23 to DKK 26 (12 Eggs)
MilkDKK 8 to DKK 9 (Per Liter)
PotatoDKK 12 to DKK 13 (Per KG)
WaterDKK 6 to DKK 7 (Per Liter)
WineDKK 50 to DKK 60 (Per Bottle)
BearDKK 24 to DKK 34
OrangeDKK 20 to DKK 22
LettuceDKK 10 to DKK 13 (Per Head)
BreadDKK 36 to DKK 41

Transportation:-

Cost of transportation in Denmark is as below:

Mode of TransportationCost
TaxiDKK 48 to DKK 56
TaxiDKK 14 to DKK 19 (Per KM)
Local TransportDKK 20 to DKK 27
Local Transport (Monthly Pass)DKK 400
GasolineDKK 12 (Per Liter)

Education:-

Education fees in Denmark mostly depend on your country of residence. If you are from European Country then you can study at Danish University for free. However, if you are from any other country then you may have to pay high education fees which depend on the course you choose between DKK 42000 to DKK 115000 per year in addition to the cost of accommodation.

Education LevelCost
Pre schoolDKK 3000 to DKK 3810 (Per Month)
SchoolDKK 40000 to 69000 (Per Year)

Medical Facilities:-

Entire healthcare cost is bared by the government from its tax revenue. However, the government is not paying for treatments like fertility treatments (from the third attempt onwards), non-essential cosmetic surgery, and dental care.

The cost of health per person is DKK 18000 to DKK 22000 yearly in Denmark. All citizens of Denmark have their health insurance cover.

Earnings:-

Salary in Denmark depends on your job profile. Jobs like manager and director are highly demanding in Denmark because of their high package. The expected salary based on the job profile is as under.

EmploymentEarning
ArchitectDKK 400000 to DKK 435000
ManagerDKK 658000 to DKK 796000
Mechanical EngineerDKK 358000 to DKK 396000
Software EngineerDKK 485000 to DKK 515000
DirectorDKK 976000 to DKK 1045000
Software DeveloperDKK 416000 to DKK 478000
WaiterDKK 316000 to DKK 364000
ReceptionistDKK 580000 to DKK 635000
Finance ManagerDKK 714000 to DKK 860000
IT Project ManagerDKK 440000 to DKK 495000

You can also Read :Top 5 Low Investment Business Ideas

Top5World is a platform where we are sharing information about the top 5 things in the world. Please join us to get exceptional knowledge about Entertainment, Technology, Books, celebrities, and Business, etc. Top5World is believing in providing accurate information from all kinds of trusted and credible sources.

Top5World Team

Top5World.com is platform where we are sharing information about the top 5 things in the world. Please join us to get exceptional knowledge about Entertainment, Sports, Technology, Books, Celebrity, and Business etc. Top5World is believing in providing accurate information from all kind of trusted and credible sources.

Leave a Reply

Your email address will not be published. Required fields are marked *