Jordan, Amman – Cost of Living

The economy of Jordan is small with limited natural resources, but has improved much since its inception as a country. Jordan’s economic resource base centers on phosphates, potash, and their fertilizer derivatives; tourism; overseas remittances; and foreign aid.

Amman is the capital and largest city of the Hashemite Kingdom of Jordan. Amman is the country’s political, cultural and commercial centre and one of the oldest continuously inhabited cities in the world. Amman is a regional hub in communications, transportation, medical tourism, education, and investment.

Amman 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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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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Jersey, Saint Helier – Cost of Living

The economy of Jersey is largely driven by international financial services & legal services, which accounted for 53% of total GVA in 2007. Other sectors include construction, retail, agriculture, tourism and order fulfillment, such as internet based selling.

Saint Helier is one of the twelve parishes of Jersey and is the capital of the Island (although Government House is situated in St. Saviour). The urban area of the parish of St. Helier makes up most of the largest town in Jersey.

Saint Helier 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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Japan, Tokyo – Cost of Living

The economy of Japan is the second largest in the world, after the United States at around $5 trillion USD in terms of nominal GDP and third after the United States and China when adjusted for purchasing power parity. Banking, insurance, real estate, retailing, transportation, telecommunications and construction are all major industries. Japan has a large industrial capacity and is home to some of the largest, leading and most technologically advanced producers of motor vehicles, electronic equipment, machine tools, steel and nonferrous metals, ships, chemicals, textiles and processed foods. The service sector accounts for three quarters of the gross domestic product.

Tokyo is the seat of the Japanese government. Tokyo is one of the three world finance command centers, along with New York and London. Tokyo has the largest metropolitan economy in the world. Tokyo is a major international finance center, houses the headquarters of several of the world’s largest investment banks and insurance companies, and serves as a hub for Japan’s transportation, publishing, and broadcasting industries.

Tokyo 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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Jamaica, Kingston – Cost of Living

The economy of Jamaica is a mixed economy with both state enterprises and private sector businesses. Major sectors of the Jamaican economy include agriculture, mining, manufacturing, tourism, and financial and insurance services. Tourism and mining are the leading earners of foreign exchange.

Kingston is the capital and largest city of Jamaica. Kingston, as the capital, is the financial, cultural, economic and industrial centre of Jamaica.

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

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Italy, Rome – Cost of Living

The economy of Italy is the seventh-largest economy in the world and the fourth-largest in Europe, according to the International Monetary Fund. Italy belongs to the Group of Eight (G8) industrialized nations; it is a member of the European Union and OECD. The country is divided into a developed industrial north dominated by large private companies and an agricultural, state-assisted south.

Rome is the largest city and capital of Italy. The economy of Rome is characterized by the absence of heavy industry and is largely dominated by services, high-technology companies (IT, aerospace, defense, telecommunications), research, construction and commercial activities (especially banking), and the huge development of tourism are very dynamic and extremely important to its economy.

Rome 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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Italy, Milan – Cost of Living

The economy of Italy is the seventh-largest economy in the world and the fourth-largest in Europe, according to the International Monetary Fund. Italy belongs to the Group of Eight (G8) industrialized nations; it is a member of the European Union and OECD. The country is divided into a developed industrial north dominated by large private companies and an agricultural, state-assisted south.

Milan, is the capital of the region of Lombardia and of the province of Milan. Milan is one of the EU’s and the world’s major financial and business centres. Milan is also regarded as the true current fashion capital of the world.

Milan 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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Americas Cost of Living – 2010

The Americas most expensive city, as at 1 July 2010, is Brasilia which is the world’s fourth most expensive city to live in. Caracas (ranked 11 in the world) is the second most expensive city in the Americas; however this may change as a result of the recent devaluation of the official exchange rate. Brasilia and Caracas are ranked first and second most expensive cities for education in the world. Nassau (ranked 35 in the world) is the third most expensive city, while New York (ranked 39 in the world) is the fourth most expensive city in the America’s and most expensive in the United States of America. The cheapest city to live in the Americas is Quito in Ecuador (ranked 276 in the world). The cheapest city surveyed in the United States of America is Indianapolis Ind (ranked 259 in the world).

Most expensive cities in the Americas (Global rank in brackets)
1. Brazil, Brasilia (4)
2. Venezuela, Caracas (11)
3. Bahamas, Nassau (35)
4. USA, New York NY (39)
5. Falkland Islands, Stanley (53)
6. Bermuda, Hamilton (54)
7. Canada, Toronto (62)
8. USA, San Francisco Calif (77)
9. Canada, Vancouver (78)
10. USA, Boston Mass (79)

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Israel, Jerusalem – Cost of Living

The economy of Israel, despite limited natural resources, has seen intensive development of the agricultural and industrial sectors over the past decades which has made Israel largely self-sufficient in food production, apart from grains and beef.

Jerusalem is the capital of Israel and its largest city. Historically, Jerusalem’s economy was supported almost exclusively by religious pilgrims, as it was located far from the major ports of Jaffa and Gaza. Jerusalem’s religious landmarks today remain the top draw for foreign visitors, with the majority of tourists visiting the Western Wall and the Old City. The government, centered in Jerusalem, generates a large number of jobs, and offers subsidies and incentives for new business initiatives and start-ups.

Jerusalem 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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Isle of Man, Douglas – Cost of Living

The economy of the Isle of Man is a low tax economy with no capital gains tax, wealth tax, stamp duty, or inheritance tax and a top rate of income tax of 18%. Offshore banking, manufacturing, and tourism form key sectors of the economy.

Douglas (Manx: Doolish) is the capital and largest town of the Isle of Man. Douglas is home to the High Courts and the Isle of Man Government. The town serves as the Island’s main hub for business, finance, shipping, transport, shopping, and entertainment.

Douglas 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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