Lesotho, Maseru Cost of Living April 2010

Country Full Name: The Kingdom of Lesotho.

Location: Lesotho is in Southern Africa, enclaved by South Africa.

Country Climate: Temperate; cool to cold, dry winters; hot, wet summers.

Country Terrain: Mostly highland with plateaus, hills, and mountains.

Major Languages: Sesotho, English.

Major Religions: Christianity.

Country Population: 2.4 million (2008 est.) 2.5 million (2009 est.).

Country Economy: The economy of Lesotho’s economy is based on diamonds exported all over the world and water sold to South Africa, manufacturing, agriculture, livestock, and to some extent the earnings of laborers employed in South Africa.

Currency: Lesotho Loti (LSL).

Country Inflation: 10.7% (2008 est.) 7.7% (2009 est.).

City: Maseru is the capital and only sizable city of Lesotho.

City Economy: Commerce in Maseru is centered around two neighboring central business districts. The western business district holds larger office buildings, department stores and several banks. The eastern business district hosts mainly smaller businesses, markets and street vendors. The central business districts are the largest employment centers within the city.

Cost of Living: Maseru has an overall cost of living index which equates it with low cost of living locations. The overall cost of living index is comprised of the prices for defined quantities of the same goods and services across all 13 Basket Groups. Maseru is currently ranked 233 overall, most expensive place in the world for expatriates to live, out of 282 international locations.

For more cost of living information on Lesotho, Maseru

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