New Zealand and Australia both ranked very high on the OECD list by providing a safe environment with beautiful landscapes and healthy citizens. The world is a big place with lots of places to choose. 50 Cheapest Countries To Live In Countries To Visit Country Living In Costa Rica 3 in Quality of Life. . Sweden was 12th on the list. The Legatum Prosperity Index looks at 140 nations across the world and analyzes 104 different variables that help determine the countries with the best quality of life. Every year the list changes. A busy street in Oslo Norway. The Scandinavian country recently ranked as the worlds best place to live. Economic quality is incredibly important because it is a variable that inspects the entire economy of a country and how well it can engage its workforce and generate profit. Norway ranked highest in standard of living life expectancy and education 13 times in a row. It is followed...