Switzerland is named the world’s most expensive country to live in
Switzerland is named the world's most expensive country to live in, with Norway and Iceland second and third, as full list is revealedSwitzerland ranked first in a study of 132 nations comparing the cost of livingDenmark, Japan, Israel, Singapore, South Korea and Bahamas also in top tenUnited States was 20th in the CEOWORLD list with the United Kingdom 27th By Tim Stickings For Mailonline
Published: 14:18 GMT, 4 February 2020 | Updated: 14:25 GMT, 4 February 2020
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Switzerland has been named the world's most expensive country, with Norway second and Iceland third.
The Alpine nation was ranked first in a study of 132 nations which measured the cost of goods including groceries, clothes and taxi fares.
Denmark and Luxembourg also featured in a Europe-heavy top ten, along with Japan, the Bahamas, Israel, Singapore and South Korea.
The United States was 20th in the list compiled by CEOWORLD, with the UK seven places lower in 27th.
Switzerland (pictured: the old town of Zurich) has been named the world's most expensive country, with Norway second and Iceland third
Experts measured countries by a range of living costs including accommodation, clothing, taxi fares, utility, internet, the price of groceries, transport, and eating out.
The study used the cost of living in notoriously expensive New York City as a benchmark, assigning it an index score of 100.
Only three countries - Switzerland, Norway and Iceland - were ranked as being more expensive than New York.
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As well as being the overall leader, Switzerland was ranked as the most expensive country for groceries and restaurant prices.
Japan was in fourth place, ranking as the most expensive city outside Europe, although its cost of living score was well below Iceland in third.
Hong Kong - a spe..
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