According to the Global Liveability Index 2019 released by The Economist Intelligence Unit (EIU), Vienna was selected as the best city to live this year. This is the second consecutive year the Austrian capital reaches the first place. Two Australian cities reached the podium, Melbourne and Sydney. The liveability rating quantifies the challenges that might be presented to an individual’s lifestyle in any given location.
10 Most Livable Cities
According to the report released by the EIU, Vienna, Melbourne and Sydney have been selected as the three best cities to live globally with 99.1, 98.4 and 98.1 points each. In order to build these metrics, the EIU takes into account stability, healthcare system, culture and environment, education and infrastructure.
Vienna received 100 points in all the aforementioned categories with the exception of culture and environment in which it received 96.3 points. Melbourne received 100 points in education, infrastructure and healthcare, 95 points in stability and 98.6 in culture and environment. Sydney was very similar to Melbourne with the main difference registered in culture and environment where the latter received 97.2 points.
The remaining top 10 cities included Osaka, Calgary, Vancouver, Toronto, Tokyo, Copenhagen and Adelaide.
The ten least liveable cities include Damascus in Syria, Lagos in Nigeria, and Dhaka in Bangladesh. Other cities included Tripoli, Karachi, Port Moresby, Harare, Douala, Algiers and Caracas.
The report explains how the concept of liveability should be understood:
“[The liveability index] assesses which locations around the world provide the best or the worst living conditions. Assessing liveability has a broad range of uses, from benchmarking perceptions of development levels to assigning a hardship allowance as part of expatriate relocation packages.”
Those cities with a score of 80-100 show few or any challenges to living standards. 70 to 80 points mean that individuals could have a good day-to-day living but there might be some problems in some aspects of life. Those cities with 60 to 70 points show that there are negative factors that have an impact on day-to-day living. Cities with less than 60 points show a life that is substantially constrained or that several aspects of life have been restricted.
The best performing cities include Moscow, Belgrade, Hanoi, Jiev and Abidjan. The biggest decliners include Detroit, Asunción, Tunis, Caracas and Tripoli.
The report shows that there is a relation between the liveability index and GDP/cap in each of the cities. The most affected cities have been those that experienced armed conflicts or severe economic and social crises.
Trusted & Regulated Stock & CFD Brokers
What we like
- 0% Fees on Stocks
- 5000+ Stocks, ETFs and other Markets
- Accepts Paypal Deposits
Min Deposit
$200
Charge per Trade
Zero Commission on real stocks
64 traders signed up today
Visit Now67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Available Assets
- Total Number of Stocks & Shares5000+
- US Stocks
- German Stocks
- UK Stocks
- European
- ETF Stocks
- IPO
- Funds
- Bonds
- Options
- Futures
- CFDs
- Crypto
Charge per Trade
- FTSE 100 Zero Commission
- NASDAQ Zero Commission
- DAX Zero Commission
- Facebook Zero Commission
- Alphabet Zero Commission
- Tesla Zero Commission
- Apple Zero Commission
- Microsoft Zero Commission
Deposit Method
- Wire Transfer
- Credit Cards
- Bank Account
- Paypall
- Skrill
- Neteller
What we like
- Sign up today and get $5 free
- Fractals Available
- Paypal Available
Min Deposit
$0
Charge per Trade
$1 to $9 PCM
Visit Now
Investing in financial markets carries risk, you have the potential to lose your total investment.
Available Assets
- Total Number of Shares999
- US Stocks
- German Stocks
- UK Stocks
- European Stocks
- EFTs
- IPOs
- Funds
- Bonds
- Options
- Futures
- CFDs
- Crypto
Charge per Trade
- FTSE 100 $1 - $9 per month
- NASDAQ $1 - $9 per month
- DAX $1 - $9 per month
- Facebook $1 - $9 per month
- Alphabet $1 - $9 per month
- Telsa $1 - $9 per month
- Apple $1 - $9 per month
- Microsoft $1 - $9 per month
Deposit Method
- Wire Transfer
- Credit Cards
- Bank Account