US News and World Report recently released its ranking of the best countries in the world based on quality of life.

To rank the 87 countries listed, US News and World Report, WPP and the Wharton School at the University of Pennsylvania surveyed more than 17,000 people worldwide.

The countries with the best quality of life were ranked using the following metrics:

  • Affordable
  • A good job market
  • Economically stable
  • Familyfriendly
  • Income equality
  • Politically stable
  • secure
  • Well-developed public health system
  • Well-developed public education system

Country #1 for quality of life: Sweden

Sweden is the best country in the world when it comes to affordability, safety and more.

According to Numbeo, the average cost of living in Sweden is 20.9%. lower than the United States, while the rent is 57.5% lower.

According to US News and World Report, Sweden is known for its free healthcare and higher education.

According to the CIA World Factbook, people in Sweden have one of the longest life expectancies, with an average age of 82.8 years.

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The country has an excellent parental leave policy: parents are entitled to 480 days of paid leave when a child is born or adopted. If there are two parents, everyone is entitled to 240 of these days.

The large square Stortorget, in Gamla Stan Stockholm Sweden.

Michael Robinson | Corbis documentary | Getty Images

The 10 best countries in the world for quality of life

  1. Sweden
  2. Norway
  3. Canada
  4. Denmark
  5. Finland
  6. Switzerland
  7. Netherlands
  8. Australia
  9. Germany
  10. New Zealand

Norway is the second best country in the world in terms of quality of life.

According to the CIA World Factbook, the country is a trendsetter for gender equality.

The country’s parental leave policy allows parents to share the care of their child at home for up to 49 weeks at full salary (or 59 weeks at 80% of their salary).

Norway also offers families a monthly allowance from one month after the birth of a child until the child turns 18 to cover part of the costs of raising children.

Norway’s life expectancy at birth is 82.75 years and since 2013 the World Happiness Report has ranked it among the ten happiest countries in the world.

According to US News and World Report, Norway is the second best country in the world for quality of life after Sweden.

Alexander Spatari | moment | Getty Images

Canada rounds out the top three. The country is known for its affordability, access to education and healthcare system.

Life expectancy is 83.99 years, 3.24 years higher than that of its southern neighbor, the United States.

According to the OECD’s Better Life Index, Canada outperforms the average in income, jobs, education, health, environmental quality, social connections and life satisfaction.

According to US News and World Report, Canada is the third best country for quality of life.

Jimfeng | E+ | Getty Images

The country has universal health insurance. It provides citizens with a healthcare system financed primarily by tax revenues and is free at the time of delivery.

According to Columbia University, there is no cost-sharing for inpatient or outpatient treatment and prescription drug prices vary but are still affordable.

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