Monthly Archives: September 2010

Venezuela, Caracas – Cost of Living

The economy of Venezuela is dominated by the petroleum sector accounting for roughly a third of GDP, around 80% of exports and more than half of government revenues. Gold, diamonds and iron ore are mined as well. Venezuela contains some … Continue reading

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Vatican City – Cost of Living

The Vatican has its own financial system and banks, with interests worldwide. The incomes of lay workers are sensibly better than those of correspondent counterparts who work in the city of Rome. Living standards may be different, at least in … Continue reading

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Vanuatu, Port Vila – Cost of Living

The economy of Vanuatu is built on agriculture, tourism, offshore financial services, and cattle raising. There is substantial fishing activity although this industry doesn’t bring in much foreign exchange. Exports include copra, kava, beef, cocoa, and timber, and imports include … Continue reading

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Uzbekistan, Tashkent – Cost of Living

The economy of Uzbekistan relies mainly on commodity production, including cotton, gold, uranium, potassium, and natural gas. Despite the declared objective of transition to a market economy, Uzbekistan continues to maintain rigid economic controls, which often repel foreign investors. Agriculture … Continue reading

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Washington – Cost of Livng

Washington D.C. is the capital of the United States. Washington, D.C. hosts 174 foreign embassies as well as the headquarters of the World Bank and the International Monetary Fund (IMF). The headquarters of other institutions such as trade unions, lobbying … Continue reading

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Washington – Cost of Livng

Washington D.C. is the capital of the United States. Washington, D.C. hosts 174 foreign embassies as well as the headquarters of the World Bank and the International Monetary Fund (IMF). The headquarters of other institutions such as trade unions, lobbying … Continue reading

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Tampa – Cost of Living

Tampa is a Gulf Coast city in the U.S. state of Florida. It serves as the county seat for Hillsborough County and is the 53rd largest city in the United States. Service, retail, finance, insurance and real estate play a … Continue reading

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St Louis – Cost of Living

St. Louis is an independent city in the U.S. state of Missouri. The city is the principal municipality of Greater St. Louis which is the largest urban area in Missouri and 16th-largest in the United States. St. Louis has 8 … Continue reading

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Seattle – Cost of Living

Seattle is the Northernmost major city on the West Coast of the United States. The major economic, cultural and educational center in the region, Seattle is the center of the Seattle-Tacoma-Bellevue metropolitan area, the 15th largest in the United States, … Continue reading

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Salary Purchasing Power Parity

Internationally comparable cost of living data is crucial to forming sustainable expatriate pay policies and monitoring progress.  Market exchange rates give misleading comparisons because they do not reflect salary purchasing power differences. Purchasing Power Parity (PPP) accounts for price differences … Continue reading

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