There is a growing number of indexes which compare the different places we live in the world and rank them using various criteria – the the Economist’s Big Mac Index, the Legatum Prosperity Index and there are others if one only compares the suspect GDP figures issued by countries throughout the world.
TED is often a good place to go for ideas on most things, and they too have published an approach which makes a case for judging a place to live, not by its GDP, but by a Social Progress Index. Some countries are missed in their analysis but it is another way of looking at things. In the end it depends on what you personally value about where you live or where you would long to live.
Take a look at the Social Progress Index which gives an alternative way of looking at the best places to live. What do you think?