Armenia, Yerevan – Cost of Living

The Armenian economy heavily relies on investment and support from Armenians abroad. Before independence, Armenia’s economy was largely industry-based ? chemicals, electronics, machinery, processed food, synthetic rubber, and textile ? and highly dependent on outside resources. The republic had developed a modern industrial sector, supplying machine tools, textiles, and other manufactured goods to sister republics in exchange for raw materials and energy. Agriculture accounted for less than 20% of both net material product and total employment before the dissolution of the Soviet Union in 1991. After independence, the importance of agriculture in the economy increased markedly, its share at the end of the 1990s rising to more than 30% of GDP and more than 40% of total employment.

Yerevan is the capital and largest city of Armenia and one of the world’s oldest continuously-inhabited cities. It is the administrative, cultural, and industrial center of the country. Yerevan’s share of national industrial production is approximately 50%. Yerevan’s manufactures include chemicals, primary metals, machinery, rubber products, plastics, textiles, and processed food. Even though the economic crisis of the 90s ravaged the industry of the country, several factories remain always in service, notably in the petrochemical and the aluminium sectors.

Yerevan 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.

The latest cost of living rank for each of the 13 Basket Groups is now available.

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Argentina, Buenos Aires – Cost of Living

The economy of Argentina benefits from rich natural resources, a highly literate population, an export-oriented agricultural sector and a diversified industrial base. Historically, however, Argentina’s economic performance has been very uneven, in which high economic growth alternated with severe recessions, particularly during the late twentieth century. Early in the twentieth century it was one of the richest countries in the world, though it is now an upper-middle income country.

Buenos Aires is the capital, and largest city, of Argentina, currently the second-largest metropolitan area in South America, after São Paulo. Buenos Aires is the financial, industrial, commercial, and cultural hub of Argentina. Its port is one of the busiest in South America; navigable rivers by way of the Rio de la Plata connect the port to north-east Argentina, Brazil, Uruguay and Paraguay. As a result it serves as the distribution hub for a vast area of the south-eastern region of the continent. Tax collection related to the port has caused many political problems in the past.

Buenos Aires 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.

The latest cost of living rank for each of the 13 Basket Groups is now available.

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Antigua and Barbuda, Saint Johns – Cost of Living

The economy of Antigua and Barbuda’s is service-based, with tourism and government services representing the key sources of employment and income. Tourism accounts directly or indirectly for more than half of GDP and is also the principal earner of foreign exchange in Antigua and Barbuda.

St John’s is the capital and largest city of Antigua and Barbuda. St John’s is the commercial centre of the nation and the chief port of the island of Antigua. St. John’s is one of the most developed and cosmopolitan municipalities in the Lesser Antilles. The city is famous for its various shopping malls as well as boutiques throughout the city, selling designer jewelry and haute-couture clothing. There are also many independent, locally-run establishments, selling a variety of fashions. The investment banking industry has a strong presence in the city. Many major world financial institutions have offices in St. John’s.

Saint John’s 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.

The latest cost of living rank for each of the 13 Basket Groups is now available.

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Angola, Luanda – Cost of Living

The economy of Angola is one of the fastest-growing economies in the world, but is still recovering from the Angolan Civil War that plagued Angola from independence in 1975 until 2002. Despite extensive oil and gas resources, diamonds, hydroelectric potential, and rich agricultural land, Angola remains poor, and a third of the population relies on subsistence agriculture.

Luanda is the capital and largest city of Angola. Located on Angola’s coast with the Atlantic Ocean, Luanda is both Angola’s chief seaport and administrative center. It is also the capital city of Luanda Province. The city is currently undergoing a major reconstruction, with many large developments taking place that will alter the cityscape significantly. Around one-third of Angolans live in Luanda, 57% of whom live in poverty. Living conditions in Luanda are extremely poor, with essential services such as safe drinking water still in short supply.

Luanda has an overall cost of living index which equates it with high 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.

The latest cost of living rank for each of the 13 Basket Groups is now available.

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The Secret to Moving

The biggest secret I have found to moving is to stay calm, my stomach always used to churn every time my husband would say: “Let’s look at moving to London, Perth, Colorado….” I would have this rush in the pit of my stomach and wonder how we were going to cope with the challenge.

 

Now, I take it one step at a time. What do we do first, what do we need to know before we make the decision, how does the family feel about a new culture, different schools, a new home and most importantly new friends.

 

So, where do we start? Usually with the most important questions, why are we moving and do we really want to change from our comfort zone, once you have been able to answer these questions and you have more positives about leaving than staying (and the answer to this could be as simple as being offered a job in a new country), then you need to start researching the place you are moving to.

 

Questions start surfacing such as will we fit in and be happy in a new country, what is the education like, medical facilities, culture, politics, housing, work conditions, transport and entertainment? How many expats like ourselves will be living there, will our life be normal or will we have to adjust too extremely, and are we happy to do this?

 

This is where I start searching the internet, http://www.wikipedia.com is a great site to get an overall overview on any country in the world and it will cover all the basic factual information for you, including geographical location, population, historical background, religion, culture, education, economic situation and political info.

 

On getting a basic understanding of a country, I would then start looking at government sites and gathering information about the ease of moving to this country. What is required from a governmental legal perspective, including visa’s, whether a spouse can work on entry, how long a spouse needs to wait before starting to work, what legal rights do you have in the country, can you take your pets with and how does this work, what furniture can you take with (some countries do not allow wooden furniture into a country if it has not been treated) these government sites will cover any and all questions of this nature for you.

 

Finally and probably more importantly are the forums and blogs you can find, where expats can inform you of what to expect and you can ask any question and expect an honest answer. These sites can come across with mixed emotions from people who are enjoying the move and loving the country to those who hate every minute of their stay. The relevant question to ask here is why….why are they enjoying or hating it and then make your own decision?

 

The above would be the questions that I would want answered, as the spouse that stays at home and cares for the children, however bread winner wants a different question answered. They want to know what they should be earning in the new country and this is where xpatulator.com can be relevant to you. Xpatulator gives you the answers you are looking for dependant on the questions you answer in the Cost of Living Calculator. It will determine what your salary in the new country should be to maintain your standard of living, and at the end of the day as the spouse that stays at home you need to know these answers as well.

 

Why, you may ask? Because $200 000 may sound like a fabulous salary, however if your cost of living in the country you are moving too is extremely high, it may not cover your costs on a monthly basis. With the calculator, you can determine whether or not you will be able to afford to live in the new country. The calculator will work out the salary you should be earning if you have to cover all costs, or if your company will cover some of those costs for you. They also cover the Negative Cost of Living and Negative Hardship. What are these you ask with horror? Negative Cost of Living refers to a location that has a lower cost of living than the country you are living in and selecting to use this will result in a proportional decrease in the salary required e.g. if you had to move from London to Zimbabwe you will find the cost of living will be lower (negative difference). Negative Hardship refers to less hardship in the new location e.g. if you had to move from Zimbabwe to London you will find that your quality of living will be easier (negative difference).

 

So before you disregard the importance of what you need to earn when moving to a new country, take all aspects into account. At the end of the day what you will earn, will determine the school, home, medical facilities and entertainment you will be able to afford. So the secret to moving from one country to another, may be your emotional stability and happiness in the new location, however this is often determined by how much money is sitting in your bank account.

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Andorra, Andorra la Vella – Cost of Living

The economy of Andorra is reliant on tourism which accounts for roughly 80% of GDP. An estimated 9 million tourists visit annually, attracted by Andorra’s duty-free status and by its summer and winter resorts. Andorra’s comparative advantage has recently eroded as the economies of adjoining France and Spain have been opened up, providing broader availability of goods and lower tariffs. The banking sector, with its tax haven status, also contributes substantially to the economy.

Andorra la Vella is the capital of the Co-principality of Andorra, and is located high in the east Pyrenees between France and Spain. It is also the name of the parish that surrounds the capital. he principal industry is tourism. Furniture and brandies are local products.

Andorra la Vella 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.

The latest cost of living rank for each of the 13 Basket Groups is now available.

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Algeria, Algiers – Cost of Living

The economy of Algeria is largely reliant on significant exports of petroleum and natural gas. The reserves are mostly in the Eastern Sahara; the Algerian government curbed the exports in the 1980s to slow depletion; exports increased again somewhat in the 1990s. Algeria trades most extensively with France and Italy, in terms of both imports and exports, but also trades with the United States and Spain.

Algiers is the capital and largest city of Algeria, and the second largest city in the Maghreb (after Casablanca). Algiers is an important economic, commercial and financial center, with in particular a stock exchange with a capitalisation of 60 billion euros. The port of Algiers is also the most important of North Africa.

Algiers 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.

Algiers latest cost of living rank for each of the 13 Basket Groups is now available.

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Albania, Tirana – Cost of Living

The economy of Albania is poor-performing by Western European standards, but is making the difficult transition to a more open-market economy from its communist past.

Tirana is the capital and largest city of the Republic of Albania. Tirana is Albania’s major industrial centre. It has experienced rapid growth and established many new industries since the 1920s. The principal industries include agricultural products and machinery, textiles, pharmaceuticals, and metal products.

Tirana 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. The latest cost of living rank for each of the 13 Basket Groups is now available.

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Afghanistan, Kabul – Cost of Living

The economy of Afghanistan has improved significantly since 2002 due to the infusion of multi-billion US dollars in international assistance and investments, remittances from expats, dramatic improvements in agricultural production and the end of a four-year drought in most of the country. However, Afghanistan still remains one of the poorest and least developed countries in the world and is highly dependent on foreign aid.

Kabul is the capital and largest city of Afghanistan, and is located in the province of Greater Kabul. It is an economic and cultural centre. Kabul’s products include: natural gas, cotton, wool, carpets, agriculture, and some small production companies.

Kabul 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.

The latest cost of living rank for each of the 13 basket groups is now available.

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Restaurants Meals Out and Hotel International Cost of Living Ranking 2010

This report provides you with the rank of Restaurants, Meals Out and Hotels cost of living indexes as at September 2010 for each of our 300 global locations. The indexes are calculated using the prices for specific quantities of the same goods and services in each location, based on expatriate spending patterns across 13 broad categories (Basket Groups). Our calculators make use of the cost of living indexes, based on your input and Xpatulator’s data, to create reports online which you can save, e-mail or convert to a pdf file.

 

Restaurants, Meals Out and Hotel costs include business dinner, dinner at a restaurant (non fast food), hotel rates, take away drinks and snacks (fast food).

 

The September 2010 restaurants, meals out and hotel international cost of living top 100 rank is as follows:

 

September 2010 Rank Country, City

1 Venezuela, Caracas
2 United Arab Emirates, Abu Dhabi
3 Greece, Athens
4 Qatar, Doha
5 Belgium, Brussels
6 USA, San Jose Calif
7 Norway, Oslo
8 Slovenia, Ljubljana
9 Brazil, Sao Paulo
10 Korea Republic of, Seoul
11 Iran, Tehran
12 United Arab Emirates, Dubai
13 Bahrain, Manama
14 USA, Anchorage AK
15 Brazil, Rio de Janeiro
16 Bhutan, Thimphu
17 Japan, Tokyo
18 Cyprus, Nicosia
19 France, Paris
20 Brazil, Brasilia
21 Israel, Jerusalem
22 United Kingdom, London
23 Switzerland, Geneva
24 Canada, Toronto
25 Switzerland, Zurich
26 Australia, Sydney
27 Oman, Muscat
28 Finland, Helsinki
29 Canada, Vancouver
30 Russia, Moscow
31 Angola, Luanda
32 Guernsey, St Peter Port
33 Denmark, Copenhagen
34 Monaco, Monaco
35 Azerbaijan, Baku
36 Canada, Calgary
37 Kazakhstan, Almaty
38 Maldives, Male
39 Singapore, Singapore
40 Equatorial Guinea, Malabo
41 United Kingdom, Glasgow
42 Luxembourg, Luxembourg
43 Iraq, Baghdad
44 Liechtenstein, Vaduz
45 Isle of Man, Douglas
46 Australia, Canberra
47 USA, Philadelphia Pa
48 Canada, Montreal
49 USA, New York NY
50 Spain, Madrid
51 Australia, Perth
52 Australia, Melbourne
53 Egypt, Cairo
54 United Kingdom, Birmingham
55 Senegal, Dakar
56 United Kingdom, Leeds
57 Austria, Vienna
58 Lebanon, Beirut
59 Iceland, Reykjavik
60 Italy, Milan
61 USA, Seattle Wash
62 Trinidad and Tobago, Port-of-Spain
63 USA, Cleveland Ohio
64 Jersey, Saint Helier
65 Sweden, Stockholm
66 United Kingdom, Belfast
67 Spain, Barcelona
68 France, Lyon
69 Gabon, Libreville
70 Vanuatu, Port Vila
71 Canada, Ottawa
72 Solomon Islands, Honiara
73 Falkland Islands, Stanley
74 Italy, Rome
75 Estonia, Tallinn
76 Australia, Brisbane
77 San Marino, San Marino
78 Ireland, Dublin
79 Russia, St. Petersburg
80 Palestinian Territories, West Bank
81 Congo, Brazzaville
82 Sudan, Khartoum
83 USA, Indianapolis Ind
84 Peru, Lima
85 Netherlands, Amsterdam
86 Turkey, Istanbul
87 USA, San Francisco Calif
88 Malawi, Lilongwe
89 Sao Tome and Principe, Sao Tome
90 France, Marseille
91 Japan, Osaka
92 Ukraine, Kiev
93 Slovakia, Bratislava
94 Libya, Tripoli
95 Andorra, Andorra la Vella
96 New Zealand, Auckland
97 Mauritania, Nouakchott
98 Vatican City, Vatican City
99 Samoa, Apia
100 Czech Republic, Prague

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