Macedonia, Skopje – Cost of Living

The economy of Macedonia has undergone considerable economic reform since independence. The country has developed an open economy with trade accounting for more than 90% of GDP in recent years.

Skopje is the capital and largest city of the Republic of Macedonia. Skopje is a modern city and a center for metal-processing, chemical, timber, textile, leather, and printing industries. Industrial development of the city has been accompanied by development of the trade, logistics, and banking sectors, as well as an emphasis on the fields of culture and sport.

Skopje 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.

Read More

Posted in Macedonia | Tagged , , | Comments Off on Macedonia, Skopje – Cost of Living

Malaysia, Kuala Lumpur – Cost of Living

The economy of Malaysia is a growing and relatively open state-oriented market economy. The state plays a significant but declining role in guiding economic activity through macroeconomic plans.

Kuala Lumpur (KL) is the capital and largest city of Malaysia. Kuala Lumpur is the cultural and economic centre of Malaysia.

Kuala Lumpur 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.

Read More

Posted in Malaysia | Tagged , , | Comments Off on Malaysia, Kuala Lumpur – Cost of Living

Malawi, Lilongwe – Cost of Living

The economy of Malawi is among the world’s least developed and most densely populated. The economy is heavily agriculture-based, with around 85% of the population living in rural areas. More than one-third of GDP and 90% of export revenues come from agriculture.

Lilongwe is the capital of Malawi. Lilongwe is the political centre of Malawi while Blantyre is the economic capital.

Lilongwe 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.

Read More

Posted in Malawi | Tagged , , | Comments Off on Malawi, Lilongwe – Cost of Living

Liechtenstein, Vaduz – Cost of Living

The economy of Liechtenstein is a prosperous, highly industrialized, free-enterprise economy with a vital financial service sector and living standards on a par with the urban areas of its large European neighbors. Low business taxes – the maximum tax rate is 18% – and easy incorporation rules have induced about 73,700 holding or so-called letter box companies to establish nominal offices in Liechtenstein, providing 30% of state revenues.

Vaduz is the capital of the principality of Liechtenstein. Vaduz has a lively tourist industry, despite being one of the very few capital cities in the world without an airport or railway station.

Vaduz 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.

Read More

Posted in Liechtenstein | Tagged , , | Comments Off on Liechtenstein, Vaduz – Cost of Living

Libya, Tripoli – Cost of Living

The economy of Libya depends primarily upon revenues from the oil sector, which constitute practically all export earnings.

Tripoli is the largest and capital city of Libya. Tripoli is the largest city, the principal sea port, and the largest commercial and manufacturing centre in Libya.

Tripoli 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.

Read More

Posted in Libya | Tagged , , | Comments Off on Libya, Tripoli – Cost of Living

Luxembourg, Luxembourg – Cost of Living

The economy of Luxembourg is largely dependent on the banking, steel, and industrial sectors. Although Luxembourg in tourist literature is aptly called the Green Heart of Europe, its pastoral land coexists with a highly industrialized and export-intensive economy. Luxembourg enjoys a degree of economic prosperity almost unique among industrialized democracies.

The city of Luxembourg, also known as Luxembourg City, is a commune with city status, and the capital of the Grand Duchy of Luxembourg. Luxembourg City is one of the wealthiest cities in the world, having developed into a banking and administrative centre. Luxembourg is a seat of several institutions of the European Union, including the European Court of Justice, the European Court of Auditors, and the European Investment Bank.

Luxembourg 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.

Read More

Posted in Luxembourg Cost of Living | Tagged , | 1 Comment

Liberia, Monrovia – Cost of Living

The economy of Liberia was negatively impacted by the civil war and government mismanagement, especially the infrastructure in and around the capital, Monrovia. Many businesses fled the country, taking capital and expertise with them, but with the conclusion of fighting and the installation of a democratically-elected government in 2006, some have returned.

Monrovia is the capital city of the West African nation of Liberia. The city’s economy is dominated by its harbour. Monrovia is Liberia’s financial centre.

Monrovia 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.

Read More

Posted in Liberia | Tagged , , | Comments Off on Liberia, Monrovia – Cost of Living

Lithuania, Vilnius – Cost of Living

The economy of Lithuania changed radically after the country established its independence from the Soviet Union in 1990. It then made a transition towards capitalist free market principles, enjoying high growth rates after entering the European Union along with other Baltic states.

Vilnius is the largest city and the capital of Lithuania. Vilnius is the major economic centre of Lithuania and one of the largest financial centres of the Baltic states. Even though it is home to only 15% of Lithuania’s population, it generates approximately 25% of Lithuania’s GDP.

Vilnius 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.

Read More

Posted in Lithuania | Tagged , , | Comments Off on Lithuania, Vilnius – Cost of Living

Lesotho, Maseru – Cost of Living

The economy of Lesotho’s economy is based on diamonds exported all over the world and water sold to South Africa, manufacturing, agriculture, livestock, and to some extent the earnings of laborers employed in South Africa.

Maseru is the capital and only sizable city of Lesotho. Commerce in Maseru is centered around two neighboring central business districts. The western business district holds larger office buildings, department stores and several banks. The eastern business district hosts mainly smaller businesses, markets and street vendors. The central business districts are the largest employment centers within the city.

Maseru 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.

Read More

Posted in Lesotho | Tagged , , | Comments Off on Lesotho, Maseru – Cost of Living

Lebanon, Beirut – Cost of Living

The economy of Lebanon is charaterised by remittances from Lebanese abroad which account for one fifth of the country’s economy. The thriving tourism and banking activities have made the services sector the most important part of the Lebanese economy employing nearly 65% of the workforce.

Beirut is the capital and largest city of Lebanon. After the destructive Lebanese civil war, Beirut underwent major reconstruction, and the redesigned historic city center, marina, pubs and nightlife districts have once again rendered it a tourist attraction. The city is the focal point of the region’s cultural life, renowned for its press, theaters, cultural activities, and nightlife.

Beirut 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.

Read More

Posted in Lebanon | Tagged , , | Comments Off on Lebanon, Beirut – Cost of Living