Austin Tex – Cost of Living

Austin is the capital of the U.S. state of Texas and the seat of Travis County.

Austin is considered to be a major center for high tech. Thousands of graduates each year from the engineering and computer science programs at The University of Texas at Austin provide a steady source of employees that help to fuel Austin’s technology and defense industry sectors. Austin is also emerging as a hub for pharmaceutical and biotechnology companies.

Austin 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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Atlanta GA – Cost of Living

Atlanta is the capital and most populous city in the state of Georgia.

Atlanta ranks third in the number of Fortune 500 companies, behind New York City, and Houston. Several major national and international companies are headquartered in Atlanta or its nearby suburbs. Atlanta is considered to be one of the fastest-growing metropolitan areas in the United States.

Atlanta 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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Anchorage AK – Cost of Living

Anchorage is a consolidated city-borough in the state of Alaska.

Anchorage’s largest economic sectors include transportation, military, local and federal government, tourism, and resource extraction. Large portions of the local economy depend on Anchorage’s geographical location and surrounding natural resources. The Ted Stevens Anchorage International Airport is the world’s third busiest airport by cargo traffic, surpassed only by Memphis and Hong Kong. This traffic is strongly linked to Anchorage’s location along great circle routes between Asia and the lower 48 states.

Anchorage 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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Uruguay, Montevideo – Cost of Living

The economy is largely based on agriculture (making up 10% of GDP and the most substantial export) and the state sector. Uruguay’s economy relies heavily on trade, particularly in agricultural exports, leaving the country vulnerable to slumps in commodity prices.

Montevideo is the largest city, the capital, and the chief port of Uruguay. Montevideo is the economic hub of Uruguay and is home to approximately one third of the population.

Montevideo 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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United Kingdom, London – Cost of Living

The economy of the United Kingdom is that of a major developed capitalist economy. The United Kingdom is one of the world’s most globalised countries. The British economy is made up of the economies of England, Scotland, Wales and Northern Ireland. In 1973, the UK acceded to the European Economic Community which is now known as the European Union after the ratification of the Treaty of Maastricht in 1993. The UK economy had been one of the strongest EU economies in terms of inflation, interest rates and unemployment, all of which remained relatively low until the 2008-09 recession, when unemployment rose dramatically, and interest rates fell to 0.5%.

London is the capital of England and the United Kingdom. It is the UK’s largest and most populous metropolitan area and the largest urban zone in the European Union. London is a leading global city and the world’s largest financial centres with the largest city GDP in Europe. Central London is home to the headquarters of most of the UK’s top 100 listed companies (the FTSE 100) and more than 100 of Europe’s 500 largest. London’s influence in politics, finance, education, entertainment, media, fashion, the arts and culture in general contributes to its global position. It is a major tourist destination for both domestic and overseas visitors.

London 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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United Kingdom, Leeds – Cost of Living

The economy of the United Kingdom is that of a major developed capitalist economy. The United Kingdom is one of the world’s most globalised countries. The British economy is made up of the economies of England, Scotland, Wales and Northern Ireland. In 1973, the UK acceded to the European Economic Community which is now known as the European Union after the ratification of the Treaty of Maastricht in 1993. The UK economy had been one of the strongest EU economies in terms of inflation, interest rates and unemployment, all of which remained relatively low until the 2008-09 recession, when unemployment rose dramatically, and interest rates fell to 0.5%.

Leeds is a city and metropolitan borough in West Yorkshire, England. Leeds is the cultural, financial and commercial heart of the wider West Yorkshire Urban Area. Leeds is the UK’s largest centre for business, legal, and financial services outside London.

Leeds 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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United Kingdom, Glasgow – Cost of Living

The economy of the United Kingdom is that of a major developed capitalist economy. The United Kingdom is one of the world’s most globalised countries. The British economy is made up of the economies of England, Scotland, Wales and Northern Ireland. In 1973, the UK acceded to the European Economic Community which is now known as the European Union after the ratification of the Treaty of Maastricht in 1993. The UK economy had been one of the strongest EU economies in terms of inflation, interest rates and unemployment, all of which remained relatively low until the 2008-09 recession, when unemployment rose dramatically, and interest rates fell to 0.5%.

Glasgow is the largest city in Scotland and third most populous in the United Kingdom. Glasgow is one of Europe’s top twenty financial centres and is home to many of Scotland’s leading businesses. Whilst manufacturing has declined, Glasgow’s economy has seen significant relative growth of tertiary sector industries such as financial and business services, communications, biosciences, creative industries, healthcare, higher education, retail and tourism.

Glasgow 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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United Kingdom, Birmingham – Cost of Living

The economy of the United Kingdom is that of a major developed capitalist economy. The United Kingdom is one of the world’s most globalised countries. The British economy is made up of the economies of England, Scotland, Wales and Northern Ireland. In 1973, the UK acceded to the European Economic Community which is now known as the European Union after the ratification of the Treaty of Maastricht in 1993. The UK economy had been one of the strongest EU economies in terms of inflation, interest rates and unemployment, all of which remained relatively low until the 2008-09 recession, when unemployment rose dramatically, and interest rates fell to 0.5%.

Birmingham is a city and metropolitan borough in the West Midlands county of England. Birmingham grew to prominence as a manufacturing and engineering centre, however its economy today is dominated by the service sector, which in 2003 accounted for 78% of the city’s economic output and 97% of its economic growth. Tourism is also an increasingly important part of the local economy. With major facilities such as the International Convention Centre and National Exhibition Centre the Birmingham area accounts for 42% of the UK conference and exhibition trade.

Birmingham 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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Do Expatriates experience hardship?

Does an Expatriate and their family experience any hardship? First impressions can be misleading. Many Expatriates accept an overseas position with high expectations of a better quality life, luxury accommodation, and the excitement of new experiences.

 

The reality is that many Expatriates are disappointed with the reality versus the expectation of their living and working experience. Once they settle in to their new environment, hardship, over which they have very little control often appear. Hardship is the relative difference in the quality of living a person and their family will experience and the relative impact on their lifestyle when moving between different locations. Factors include-:

 

Economic Differences: Such as moving from a First-World location with little poverty and high levels of service provision to a Third-World location where poverty may be prevalent and services intermittent or unavailable

 

Political Differences: Such as moving from a liberal western life style where diverse views are tolerated to a highly regulated life style where conformity is expected

 

Religious Differences: Such as moving from an environment where your religion is dominant, to a location where your religion is potentially seen with suspicion

 

Public Service Differences: Such as moving from an environment where water, electricity, sanitation, work permits etc are easily accessible, fast and efficient to one where services are not reliable, where administration requires a great deal of your time in poorly maintained offices potentially exposed to corrupt officials

 

Environment/Climate Differences: Such as moving from a mild climate to one of extreme weather such as very hot or very cold locations

 

Personal Safety Differences: Such as moving from a safe secure environment where you can walk the streets in safety to an environment where you require security (armed response, expensive insurance, high walls electric fences etc) and where it may not be safe to walk outdoors alone

 

Health Differences: Such as moving from an environment where vaccines and health standards have eradicated most disease to an environment where health standards are poor, and life threatening viral outbreaks common

 

Education Differences: Such as moving from an environment where state education standards are high, pupils are taught in their mother-tongue, and schools are close to home to an environment where state school standards are poor and in a different language requiring attendance at an international school which can be expensive and require daily travel

 

Transportation Differences: Such as moving from a location where public transport is freely available and efficient, to a location where it is unreliable and may not be safe to use.

 

In assessing how much to pay an Expatriate, it is important to take into account the relative hardship, in terms of quality of living conditions between locations, and assesses the relative level of difficulty that will be experienced in adapting to a new location.

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United Arab Emirates, Dubai – Cost of Living

The economy of the United Arab Emirates (UAE) is that of a developing country. The UAE currently has one of the fastest growing economies in the world.

Dubai is one of the seven emirates of the United Arab Emirates (UAE). Dubai has the largest population and is the second-largest emirate by area, after Abu Dhabi. The emirate’s main revenues are from tourism, property, and financial services.

Dubai 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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