Thinking of moving to Europe? From Switzerland’s financial powerhouse to Spain’s sun-soaked cities, these nations rank high in safety, economic stability, and overall quality of life. But which European country is the best fit for you? Here are the 7 best European countries to live in.
According to the International Monetary Fund (IMF), Europe’s Gross Domestic Product (GDP) was $25.44 trillion in 2023, with a GDP growth rate of 1%. The GDP per capita stood at $34,710. Although the region’s economic growth has been slow in recent years, it is expected to improve in 2024.
Europe is home to some of the most livable countries in the world, offering high-quality healthcare, excellent infrastructure, strong economies, and a well-balanced lifestyle. Many European countries attract expatriates due to their safety, employment opportunities, and overall quality of life.
The World Health Organization (WHO) defines quality of life as a subjective assessment of how individuals perceive their reality in relation to their personal goals, while considering their culture and values. When discussing quality of life in a country or region, it refers to a broad concept that reflects people’s well-being in various areas.
These include social well-being, safety, economic freedom, health, education, environment, equal rights, urban safety, economic stability, freedom, governance, and autonomy in decision-making.
The economic strength of a region has a direct impact on its quality of life. A strong economy leads to higher employment rates, better incomes, financial stability, and increased government investment in public services and infrastructure. This, in turn, improves people’s living conditions and overall well-being.
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Europe is a diverse and developed continent, with many countries offering a high quality of life. The standard of living is also a key factor in determining happiness in the region. Many European nations are ranked among the happiest in the world and are frequently listed among the top countries for quality of life.
In 2019, the European Commission conducted a survey across 83 cities in Europe, gathering people’s opinions on public services, safety, healthcare, education, public transport, and social well-being. The survey found that 9 out of 10 residents were satisfied with life in their cities. In Eastern Europe, many people believed that the quality of life had improved over the past five years. The majority of residents felt that their cities were welcoming to immigrants, families, and the elderly.
The survey also examined employment opportunities, revealing that people found it easier to get jobs in Western Europe. Public transport was another key factor, with 75% of people expressing satisfaction. However, in Albania, Italy, Cyprus, North Macedonia, and Serbia, less than half of the residents were happy with public transport services.
Additionally, 4 out of 5 city residents were satisfied with public services in general. These findings can help governments and policymakers identify areas that need improvement to further enhance quality of life in Europe.
Switzerland consistently ranks among the best European countries to live in, thanks to its high wages, strong economy, and stunning natural landscapes. The country offers a stable political environment, an excellent healthcare system, and a high standard of living. With a well-developed public transport network and some of the highest salaries in the world, Switzerland remains a top choice for expatriates.
Switzerland has a population of 8.7 million and a GDP per capita of $98,770 (World Bank, 2023), making it one of the wealthiest countries in the world. The average monthly salary is CHF 6,538 (€6,720), significantly higher than the European average. The country has an excellent healthcare system, ranked 2nd in Europe, and a safety index of 78.3, indicating a secure environment. Zurich and Geneva are among the top cities for expatriates, offering job opportunities in finance, pharmaceuticals, and technology.
Denmark is known for its high standard of living, excellent work-life balance, and strong social security. The country offers free healthcare and education, making it an attractive option for families. With a low unemployment rate and an innovative job market, Denmark provides stability and opportunities for expatriates.
Denmark has a population of 5.9 million and a GDP per capita of $74,100 (World Bank, 2023). The average salary is DKK 45,400 (€6,080) per month, allowing residents to maintain a comfortable lifestyle despite the relatively high cost of living. The country ranks 2nd in the World Happiness Report (2024) and has a strong safety index of 77.6. Copenhagen, Aarhus, and Odense are among the best cities for professionals, offering job opportunities in IT, renewable energy, and healthcare.
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Sweden offers a high quality of life, an inclusive society, and a strong focus on environmental sustainability. It is a hub for innovation, technology, and research. The country provides universal healthcare and free education, making it one of the most desirable places to live in Europe.
Sweden has a population of 10.5 million and a GDP per capita of $63,800 (World Bank, 2023). The average salary is SEK 45,500 (€4,100) per month, supporting a good standard of living. The country ranks 2nd in the Global Innovation Index, highlighting its strong economy and research-driven industries. Stockholm, Gothenburg, and Malmö are the top cities for expatriates, offering career opportunities in technology, automotive, and healthcare sectors.
Germany is one of the most powerful economies in Europe, offering strong job markets, high-quality education, and a well-developed infrastructure. The country is known for its efficiency and is home to major multinational companies in engineering, finance, and technology.
Germany has a population of 83.4 million and a GDP per capita of $55,900 (World Bank, 2023). The average monthly salary is €4,200, and the unemployment rate is 2.9% (2024), indicating a stable job market. The country provides free higher education, attracting international students. Berlin, Munich, Hamburg, and Frankfurt are the best cities for professionals, with Munich offering high salaries and Berlin being a hub for start-ups and digital nomads.
The Netherlands is one of the best places to live in Europe, offering a high quality of life, strong infrastructure, and an inclusive society. With its strong economy and English-speaking population, the Netherlands is an ideal destination for expatriates.
The Netherlands has a population of 17.6 million and a GDP per capita of $69,400 (World Bank, 2023). The average salary is €3,800 per month, and the country has a quality of life index of 86.2. With 90% of Dutch people fluent in English, expatriates find it easy to integrate. Amsterdam, Utrecht, and Rotterdam are top cities for professionals, offering job opportunities in finance, technology, and logistics.
Norway is one of the safest and most prosperous countries in Europe, offering a high quality of life, excellent healthcare, and stunning natural beauty. The country’s strong economy and well-developed public services make it a top choice for expatriates.
Norway has a population of 5.5 million and a GDP per capita of $100,500 (World Bank, 2023), making it one of the wealthiest nations in Europe. The average salary is NOK 50,500 (€4,400) per month, and the country has a safety index of 85.4. Oslo, Bergen, and Stavanger are top cities for expatriates, offering opportunities in energy, shipping, and technology sectors.
Spain is known for its relaxed lifestyle, affordable cost of living, and warm climate. The country attracts expatriates looking for a high quality of life, good healthcare, and a vibrant cultural scene.
Spain has a population of 47.5 million and a GDP per capita of $41,600 (World Bank, 2023). The average salary is €2,800 per month, and the country has over 3,000 hours of sunshine per year. The cost of living index is 64.3, making it one of the most affordable Western European countries. Madrid, Barcelona, Valencia, and Seville are top cities for expatriates, offering job opportunities in tourism, technology, and finance.
Choosing the best European countries to live in depends on individual preferences, career goals, and financial considerations. Countries like Switzerland, Norway, and Germany offer high salaries and security, while Spain and the Netherlands provide a balance between work and lifestyle. Nordic countries such as Denmark and Sweden focus on social security, work-life balance, and innovation, making them attractive for expatriates.
With diverse opportunities and strong economies, Europe remains one of the best regions to find a high standard of living, career growth, and personal fulfillment.
Pallavi Singal is the Vice President of Content at ztudium, where she leads innovative content strategies and oversees the development of high-impact editorial initiatives. With a strong background in digital media and a passion for storytelling, Pallavi plays a pivotal role in scaling the content operations for ztudium's platforms, including Businessabc, Citiesabc, and IntelligentHQ, Wisdomia.ai, MStores, and many others. Her expertise spans content creation, SEO, and digital marketing, driving engagement and growth across multiple channels. Pallavi's work is characterised by a keen insight into emerging trends in business, technologies like AI, blockchain, metaverse and others, and society, making her a trusted voice in the industry.
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