I understand that a list is different from an array. But still, O(1)? That would mean accessing an element in a list would be as fast as accessing an element in a dict, which we
accessing a list l
at index n
l[n]
is O(1) because it is not implemented as a Vanilla linked list where one needs to jump between pointers (value, next-->) n times to reach cell index n.
If the memory is continuous and the entry size would had been fixed, reaching a specific entry would be trivial as we know to jump n times an entry size (like classic arrays in C).
However, since list is variable in entries size, the python implementation uses a continuous memory list just for the pointers to the values. This makes indexing a list (l[n]) an operation whose cost is independent of the size of the list or the value of the index.
For more information see http://effbot.org/pyfaq/how-are-lists-implemented.htm