Top 15 Countries with Highest Cost of Living in Europe
The cost of living index in European countries is high. If you plan to move from one of your continents to Europe, you must see which countries have the most cost of living. The healthcare system has a good score in these countries but are expensive. You need to get the insurance to minimize the cost. Switzerland has no.1 spot in the list as it has a 98.4 ratio of cost of living. We have also mentioned the Rent Index, Groceries Index, Restaurant Price Index, and Local Purchasing Power Index. When we talk about the Cost of living it includes the cost of food, transportation, Clothing, Healthcare, and childcare.
Let’s see which Top 15 Countries with the Highest Cost of Living in Europe:
1. Switzerland
- Cost of Living Index: 98.4
- Rent Index: 45.2
- Cost of Living Plus Rent Index: 74.8
- Groceries Index: 103.1
- Restaurant Price Index: 98.4
- Local Purchasing Power Index: 159.7
2. Iceland
- Cost of Living Index: 83.4
- Rent Index: 43.7
- Cost of Living Plus Rent Index: 65.9
- Groceries Index: 90.3
- Restaurant Price Index: 94.7
- Local Purchasing Power Index: 123.5
3. Norway
- Cost of Living Index: 69.0
- Rent Index: 24.8
- Cost of Living Plus Rent Index: 49.4
- Groceries Index: 71.9
- Restaurant Price Index: 74.6
- Local Purchasing Power Index: 119.5
4. Denmark
- Cost of Living Index: 66.9
- Rent Index: 25.7
- Cost of Living Plus Rent Index: 48.6
- Groceries Index: 61.0
- Restaurant Price Index: 80.8
- Local Purchasing Power Index: 133.6
5. Guernsey
- Cost of Living Index: 66.1
- Rent Index: 45.7
- Cost of Living Plus Rent Index: 57.1
- Groceries Index: 70.5
- Restaurant Price Index: 65.9
- Local Purchasing Power Index: 136.6
6. Luxembourg
- Cost of Living Index: 64.8
- Rent Index: 42.2
- Cost of Living Plus Rent Index: 54.8
- Groceries Index: 65.3
- Restaurant Price Index: 72.8
- Local Purchasing Power Index: 177.1
7. Austria
- Cost of Living Index: 60.7
- Rent Index: 22.0
- Cost of Living Plus Rent Index: 43.6
- Groceries Index: 62.2
- Restaurant Price Index: 59.7
- Local Purchasing Power Index: 107.1
8. Netherlands
- Cost of Living Index: 60.5
- Rent Index: 32.1
- Cost of Living Plus Rent Index: 47.9
- Groceries Index: 56.8
- Restaurant Price Index: 67.7
- Local Purchasing Power Index: 129.9
9. Ireland
- Cost of Living Index: 59.8
- Rent Index: 39.0
- Cost of Living Plus Rent Index: 50.6
- Groceries Index: 56.9
- Restaurant Price Index: 65.8
- Local Purchasing Power Index: 108.9
10. United Kingdom
- Cost of Living Index: 59.2
- Rent Index: 30.0
- Cost of Living Plus Rent Index: 46.3
- Groceries Index: 54.8
- Restaurant Price Index: 65.3
- Local Purchasing Power Index: 119.9
11. Finland
- Cost of Living Index: 58.7
- Rent Index: 19.1
- Cost of Living Plus Rent Index: 41.1
- Groceries Index: 59.4
- Restaurant Price Index: 64.7
- Local Purchasing Power Index: 124.5
12. Germany
- Cost of Living Index: 58.4
- Rent Index: 22.4
- Cost of Living Plus Rent Index: 42.4
- Groceries Index: 56.7
- Restaurant Price Index: 57.5
- Local Purchasing Power Index: 127.1
13. France
- Cost of Living Index: 58.0
- Rent Index: 19.4
- Cost of Living Plus Rent Index: 41.0
- Groceries Index: 63.6
- Restaurant Price Index: 56.1
- Local Purchasing Power Index: 110.0
14. Belgium
- Cost of Living Index: 56.5
- Rent Index: 19.3
- Cost of Living Plus Rent Index: 40.1
- Groceries Index: 54.6
- Restaurant Price Index: 67.1
- Local Purchasing Power Index: 116.1
15. Sweden
- Cost of Living Index: 54.2
- Rent Index: 19.1
- Cost of Living Plus Rent Index: 38.7
- Groceries Index: 55.5
- Restaurant Price Index: 56.0
- Local Purchasing Power Index: 130.3
Conclusion:
Typically these regions give comfort in living and a high standard of education which costs people, Switzerland has the world’s best health sector and heritage sites so people love to move there. Iceland is at the 2nd spot in the list but has a good infrastructure meanwhile United Kingdom, France Belgium, and Finland are also cost people. Luxemburg has a rich history. Iconic Windmills and vibrant cities reside in the Netherlands which makes it highly costliest.
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