Switzerland, Zurich – Cost of Living

The economy of Switzerland is one of the world’s most stable economies. Its policy of long-term monetary security and bank secrecy has made Switzerland a safe haven for investors, creating an economy that is increasingly dependent on a steady tide of foreign investment.

Zurich is the largest city in Switzerland and the capital of the canton of Zürich. Zurich is Switzerland’s main commercial and cultural centre.

Zurich 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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Switzerland, Geneva – Cost of Living

The economy of Switzerland is one of the world’s most stable economies. Its policy of long-term monetary security and bank secrecy has made Switzerland a safe haven for investors, creating an economy that is increasingly dependent on a steady tide of foreign investment.

Geneva is the capital of the Republic and Canton of Geneva. Geneva’s economy is mainly services oriented. The city has an important and old finance sector, which is specialized in private banking (managing assets of about 1 trillion USD) and financing of international trade.

Geneva 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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Sweden, Stockholm – Cost of Living

The economy of Sweden is an export-oriented mixed economy featuring a modern distribution system, excellent internal and external communications, and a skilled labour force. Timber, hydropower, and iron ore constitute the resource base of an economy heavily oriented toward foreign trade. Sweden’s engineering sector accounts for 50% of output and exports. Telecommunications, the automotive industry and the pharmaceutical industries are also of great importance.

Stockholm is the capital and the largest city of Sweden. The vast majority of Stockholmians work in the service industry, which accounts for roughly 85% of jobs in Stockholm. Stockholm is Sweden’s financial centre.

Stockholm 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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Swaziland, Mbabane – Cost of Living

The economy of Swaziland is fairly diversified, with agriculture, forestry and mining accounting for about 13% of GDP, manufacturing (textiles and sugar-related processing) representing 37% of GDP. The majority of the population ? about 75%?is employed in subsistence agriculture.

Mbabane is the capital and largest city of Swaziland. Mbabane, and Swaziland itself, depend on tourism and sugar exports.

Mbabane 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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Africa Cost of Living – 2010

Africa’s most expensive city for expatriates, as at 1 July 2010, is Luanda in Angola (ranked 15 in the world) with a cost of living index of 106.17 (New York = 100). Luanda is particularly expensive for education, (ranked 3 in the world), accommodation (ranked 5 in the world), and healthcare (ranked 6 in the world). Luanda is rebuilding its infrastructure after years of war, which has contributed to making goods and services purchased by expatriates expensive, as a result of lack of availability, and the cost of bringing appropriate goods and services into the country. Libreville in Gabon (ranked 20 in the world) is Africa’s second most expensive city, followed by Bangui in the Central African Republic (ranked 25 in the world) and Moroni in the Comores (ranked 27 in the world). The cheapest city surveyed in Africa is Triploi in Libya (ranked 273 in the world).

Most expensive cities in Africa (Global rank in brackets)
1. Angola, Luanda (15)
2. Gabon, Libreville (20)
3. Central African Republic, Bangui (25)
4. Comores, Moroni (27)
5. Chad, N’Djamena (30)
6. Cameroon, Douala (52)
7. Mali, Bamako (56)
8. Congo, Brazzaville (60)
9. Cameroon, Yaounde (63)
10. Nigeria, Lagos (66)

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Suriname, Paramaribo – Cost of Living

The economy of Suriname is dominated by the bauxite industry, which accounts for more than 15% of GDP and 70% of export earnings. Other main export products include rice, bananas and shrimp.

Paramaribo is the capital and largest city of Suriname. Paramaribo’s major exports are gold, bauxite, sugar cane, rice, cacao, coffee, rum, and tropical woods. Cement and paint are manufactured in the city.

Paramaribo 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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Sudan, Khartoum – Cost of Living

The economy of Sudan has been buffeted by civil war, political instability, adverse weather, weak world commodity prices, a drop in remittances from abroad, and counterproductive economic policies. The private sector’s main areas of activity are agriculture and trading, with most private industrial investment predating 1980. Agriculture employs 80% of the work force.

Khartoum is the capital of Sudan and of Khartoum State. Khartoum has a thriving economy. In recent years Khartoum has seen significant development, driven by Sudan’s oil wealth. The center of the city is well-planned, with tree-lined streets.

Khartoum 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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Sri Lanka, Colombo – Cost of Living

The economy of Sri Lanka is famous for the production and export of tea, coffee, coconuts, rubber and cinnamon which is native to the country.

Colombo is the largest city and commercial capital of Sri Lanka. The great majority of Sri Lankan corporations have their head offices in Colombo. Some of the industries include chemicals, textiles, glass, cement, leather goods, furniture, and jewellery. In the city centre is located South Asia’s second tallest building – The World Trade Centre.

Colombo 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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The Positives and Negatives of Moving Internationally

This is a basic summary on the Positives and Negatives on moving from one place to another in our global world from someone who has been there and done it a couple of times.  How to make the negatives positive and how to make the decision whether you are ready to leave your comfort zone or not, to have an adventure and enjoy it as such or not.  To remember you are never alone on this journey of discovery.

 

1. You are able to live in a country with a different culture and if you embrace the culture and enjoy every aspect of it, you will enjoy your stay;
2. It is very interesting to see how different countries work, from government departments through to shops and even the traffic rules;
3. You get to explore a completely new environment and travel without it costing you a fortune;
4. You make new friends from all over the world, as an expat you will become part of an expat community and this community will tell you where to go, travel and visit;
5. Then there is the local community and if you are working with locals, they will do the same thing, tell you where to go to experience the local community;
6. Usually you get to earn a better salary than in your country of origin, so save save save;
7. It is also not unusual, when accepting a job through an overseas company that many of the normal day to day expenses are paid for, such as accommodation, transport, medical and schooling; and many others that are taken care of;
8. If you have children they will have the opportunity of getting an international schooling and become global citizens of the world;
9. Many people are never given the opportunity to move around the world, this is such a wonderful opportunity to teach your children how to cope in different situations, travel and cope in airports, embrace other cultures and generally survive a different lifestyle;
10. You learn to take baby steps, accept how things work or don’t, not to sweat the small stuff and become accepting of situations, people and places iow to chill.  All of the above can teach you a lot about yourself.

 

So what about the negatives….it is so normal for us humans to always potentially look at the negative side before we look at the positives and we tend to always find so many more negatives.  So here is my list…but with positives to go with them:

1. Packing your entire life to move or store, probably the worst part of moving, you need to decide what to keep or sell or give away or throw away; positively it’s a great opportunity to get rid of junk!
2. Unpacking, ditto to the above….
3. Leaving your family and friends behind which under any situation is difficult; positively the world is such a small place now that between email, blogs and skype they are always only a pc away. Plus with air travel it is easy to get home very very quickly;
4. The language differences can result in misunderstandings and things not getting done in the way you would have done them in your own country, positively this teaches us patience and English is a fairly universal language;
5. You will have to go through all the processes of getting Visa’s, Residence Permits, sometimes even going through medicals, driving tests, finger printing, etc (depending on the country you are going to) which can be incredibly frustrating, but this is the way that the country you are moving to can keep tabs on who is coming and going from their country.  Positively, it should make you feel safer knowing that they are checking on who is entering, that these people are responsible citizens of the world and have no criminal records, etc.
6. It will be hard for the family to settle, everything is different and unusual if you have gone to a culture very different from your own, even if it is similar it is still different; talk to the family, let everyone express how they are feeling, be understanding of each others’ moods and positively it gets the family talking;
7. New routines, a new school, a new office, new friends; and all of these take time; but all the above have the word new in so that is positive….
8. Moving countries is one of the top 3 most stressful situations a person can be in, but how you handle it will result in how well your health copes with the move; remember to always think about (perhaps even list) the reasons you made the decision to move (make sure it is a decision that has been made by the family) and hang on to all those positives, you are going to hit rough patches and you are going to need all your positive lists to get through certain stages and times of the move.

 

So not too bad, I love being a citizen of the world, I love knowing that I have gone through this  process, that I can do it, that I can be positive, that I can meet some fantastic people that are different to me, that life is bigger than just my small little world….

 

If you are thinking about moving, think of the positives and negatives that it will create in your life and if you can cope especially with the negatives, go for it!  Have an adventure!

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Transport International Cost of Living Ranking

This report provides you with the rank of Transport cost of living indexes for 282 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).

Transport costs include public transport, vehicle costs, vehicle fuel, vehicle insurance and vehicle maintenance such as hire purchase / lease of vehicle, petrol / diesel, public transport service maintenance, tires, vehicle Insurance, and vehicle purchase.

The latest transport international cost of living rank is now available.

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