OECD names country with the best quality of life

These Countries Have The Best Quality Of Life
These Countries Have The Best Quality Of Life

The Organization for Economic Cooperation and Development (OECD) has released its 2015 list of countries based on their Better Life Index -- which looks into aspects from housing, income, education, civic engagement, health, to work-life balance.

The US has jumped two spots this year to No. 5. Australia, which was previously a top contender, fell to No. 4 on the list.

Researchers explain that this index of well being incorporates more than just economic numbers, but rather "allows you to compare well-being across countries, based on 11 topics the OECD has identified as essential, in the areas of material living conditions and quality of life." The chart is expansive, covering multiple indicators within the 11 topics.

See below for the 10 countries that made the list:

10. Denmark: With 5 weeks paid vacation per year
9. New Zealand: Breathe happy
8. Netherlands: One of the highest literacy rates in the world.
7. Sweden: Tons of citizen engagement
6. Canada: Excellent housing standards
5. USA: Housing, income, and wealth
4. Australia: Strong sense of community
3. Switzerland: One of the world's lowest unemployment rates
2. Iceland: Cleanest tap water on earth
1. Norway: People are living their best life here...for an average of 82 years.

Check out the happiest countries according to the World Happiness Report back in April:

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