5 Most Expensive Countries in the World to Raise a Child

In this article, we will look into the 5 most expensive countries in the world to raise a child. If you want to read our detailed analysis, you can go directly to the 25 Most Expensive Countries in the World to Raise a Child.

5. Australia

Cost of Living Ranking (2017): 7

Healthcare Price Ranking (2017): 9

Education Price Ranking (2017): 11

Insider Monkey Rating: 8.8 out of 10

Australia is ranked 5th on our list of the most expensive countries in the world to raise a child. According to the Global Economy Ranking, Australia is ranked 7 on the cost of living index, making it one of the most expensive countries to raise a child.

4. Denmark

Cost of Living Ranking (2017): 5

Healthcare Price Ranking (2017): 10

Education Price Ranking (2017): 13

Insider Monkey Rating: 9.4 out of 10

Ranked 4th on our list, Denmark offers a high standard of living compared to other countries. According to the Global Economy Ranking, it is ranked 5 on the cost of living index, making it an expensive country to raise a child.

3. Norway

Cost of Living Ranking (2017): 4

Healthcare Price Ranking (2017): 6

Education Price Ranking (2017): 4

Insider Monkey Rating: 9.8 out of 10

Norway ranks 3rd on our list with a cost of living ranking of 25 according to the Global Economy. Norway has an expensive healthcare and education system compared to other countries.

2. Iceland

Cost of Living Ranking (2017): 2

Healthcare Price Ranking (2017): 5

Education Price Ranking (2017): 3

Insider Monkey Rating: 10 out of 10

Iceland is an expensive European country with a high standard of living. It is ranked 2nd on our list with a high cost of living represented by its rank on the Global Economy Ranking.

1. Switzerland

Cost of Living Ranking (2017): 3

Healthcare Price Ranking (2017): 3

Education Price Ranking (2017): 1

Insider Monkey Rating: 10 out of 10

Switzerland ranks 1st among the most expensive countries in the world to raise a child. According to the Global Economy ranking, it is ranked 3rd  on the cost of living index. Switzerland has the most expensive education system and is ranked 3rd on the healthcare price index.

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