Martinique, Fort-de-France Cost of Living April 2010

Country Full Name: Martinique. Status: Overseas department of France.

Location: Martinique is an island between the Caribbean Sea and North Atlantic Ocean, north of Trinidad and Tobago.

Country Climate: Subtropical tempered by trade winds; moderately high humidity; rainy season (June to October); vulnerable to devastating cyclones (hurricanes) every eight years on average.

Country Terrain: Mountainous with indented coastline; dormant volcano.

Major Languages: French (official), Creole.

Major Religions: Christianity.

Country Population: 0.4 million (2008 est.) 0.4 million (2009 est.).

Country Economy: The economy is based on trade. Agriculture accounts for about 6% of GDP and the small industrial sector for 11%. Tourism has become more important than agricultural exports as a source of foreign exchange. The majority of the work force is employed in the service sector and in administration.

Currency: Euro (EUR).

Country Inflation: 3.2% (2008 est.) 0.4% (2009 est.).

City: Fort-de-France is the capital of Martinique.

City Economy: Fort-de-France is one of the major cities in the Caribbean. Exports include sugar, rum, tinned fruit, and cacao.

Cost of Living: Fort-de-France has an overall cost of living index which equates it with middle 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. Fort-de-France is currently ranked 137 overall, most expensive place in the world for expatriates to live, out of 282 international locations.

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