Australia comes second in living the good life

MUCH of the population already realises it, but a new report has confirmed Australia is one of the world's best places to live.

The United Nations Human Development Index has Australia second to only Norway on the list of best places to live.

The index measures the performance of 188 countries on issues including life expectancy, healthy lifestyles, living standards and access to knowledge.

Next on the index after Australia were Switzerland, Denmark, the Netherlands, Germany, Ireland and the US.

The index showed some two billion people had moved out of "low human development" countries - some by migrating and others due to local development - but an estimated 830 million of the world's population were "working poor", people who lived on less than $5 a day.

That compares with Australia's average full-time working income of $220 a day, or $1545 a week, according to the latest ABS figures.