Raising a family can be costly — and depending on your location, it may be downright unaffordable. Nonetheless, parents understand that price is merely one element in their choice of where to raise their children.
Deluxe Holiday Homes, a holiday rental firm located in Dubai, examined 50 nations to determine which ones were the most suitable and economical for family upbringing.
It examined six important factors: safety rate, living expenses for a family of four, average rental cost, average monthly net income, education index, and quality of healthcare.
“Choosing the ideal setting for family upbringing involves far more than mere affordability,” stated a representative from Deluxe Family Homes. “Selecting a family-friendly nation involves considering the broader perspective—how effectively a location can provide a high standard of living while remaining economically feasible.” Every family merits a place where they can develop, bond, and prosper.
See The Countries With The Best Resources For Raising Proper Family
Denmark
Denmark’s impressive eighth place ranking on the list is certainly worth noting. What stands out is their strong performance in terms of monthly salaries and education – no surprise, considering Denmark’s reputation for promoting work-life balance and prioritizing students’ well-being. However, it’s also important to consider the high cost of living in this Nordic country. As you navigate the price tags on food, rent, and other daily necessities, it may be challenging to maintain the same lifestyle on a Danish salary. Still, the pros and cons here are worth weighing, as a career or education in Denmark can have long-term benefits for personal and professional growth.
Czech Republic
The Czech Republic came in seventh place with good education and affordable rents.
Norway
Norway’s impressive aspects, such as its high average salaries and exceptional education quality, undoubtedly make it an attractive destination for many. However, the country’s extremely high cost of living is a major factor that held it back from reaching the top of the list. The steep prices for everything from housing to food are likely to be a significant challenge for many individuals and families. Still, Norway’s strong economy and high standard of living mean that many people are willing to pay a premium for the unique quality of life offered here. If you’re considering a move to Norway, it’s essential to carefully weigh the costs and benefits and factor in your personal priorities.
FINLAND
Finland, a consistent performer in the rankings, shone in terms of education quality and high salaries. It’s no surprise, really – Finnish schools are renowned for their emphasis on equity, inclusion, and community, producing some of the world’s best graduates. The country’s strong economy also means that employees can expect good compensation, making it an attractive destination for professionals. And, compared to its Nordic neighbors, Finland’s cost of living is slightly more manageable, making it a great option for those who want to enjoy the best of both worlds. With Helsinki’s vibrant cultural scene, stunning natural beauty, and excellent work-life balance, Finland is definitely worth considering for anyone looking for a great place to live and work.
High rents in the Netherlands didn’t prevent it from taking the top spot, largely because they’re offset by good salaries and great schools.
JAPAN
Japan secured the third position due to its notably low rents and high-quality educational opportunities, even though the salaries are less competitive than in several other nations on the list.
United Arab Emirates
Considering its pleasant weather, modern infrastructure, and world-class amenities, the UAE is an attractive destination for families seeking a comfortable and nurturing environment to raise their little ones. The country’s impressive ranking as the second-best place for salaries and quality of education only adds to its appeal. With access to top-notch schools, UAE offers a solid foundation for children’s education, while its competitive salaries enable families to provide a comfortable lifestyle. Moreover, the UAE’s vibrant cultural scene, delicious local cuisine, and numerous family-friendly activities ensure that there’s always something to enjoy and explore together. No wonder the UAE is an increasingly popular choice for families looking to start a new chapter in this wonderful country
South Korea
South Korea’s incredible ranking as the top spot for raising a family is no surprise, given its impressive combination of affordable costs of living, top-notch healthcare, and exceptional education system. With affordable rents, families can enjoy a comfortable lifestyle without breaking the bank. The country’s renowned healthcare system, which consistently ranks among the best in the world, provides peace of mind for parents. And let’s not forget the education system, which offers a world-class education that prepares children for their future. No wonder South Korea is an immensely popular destination for families seeking a secure and prosperous future for their children.