MoveHub has created a map to show the difference in living costs around the world in 2017 using figures from the Consumer Price Index (CPI) – the world’s largest database of user contributed data about cities and countries worldwide.

In just two years, Bermuda has climbed its way to the top spot becoming the most expensive country to live in, pushing Switzerland out of first place. This could be due in part to Bermuda’s tax haven reputation, which has attracted the richest and most powerful in recent years.

It may come as a surprise to many considering high food costs and rising inflation, but the UK has fallen out of the 20 most expensive countries for the first time since 2009, topped by the likes of Ireland and the USA.

On the other side of the spectrum, Egypt is now the country with the lowest cost of living, moving up six places in two years.

The CPI in the infographic is a relative indicator of a country’s living costs compared to New York. So, for instance, if a country has a CPI of 70, on average it enjoys 30% cheaper living costs compared to New York.