[python] Python: For each list element apply a function across the list

If you don't mind importing the numpy package, it has a lot of convenient functionality built in. It's likely to be much more efficient to use their data structures than lists of lists, etc.

from __future__ import division

import numpy

data = numpy.asarray([1,2,3,4,5])
dists = data.reshape((1,5)) / data.reshape((5,1))

print dists

which = dists.argmin()
(r,c) = (which // 5, which % 5) # assumes C ordering

# pick whichever is most appropriate for you...
minval = dists[r,c]
minval = dists.min()
minval = dists.ravel()[which]

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