Iceland, Reykjavik – Cost of Living

The economy of Iceland is a small mixed economy with high levels of free trade and government intervention and subject to high volatility.

Reykjavík is the capital and largest city of Iceland. Reykjavík is is the only metropolitan area in Iceland. As a highly modernized capital of one of the most developed countries in the world, its inhabitants enjoy a first-class welfare system and city infrastructure.

Reykjavik 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 Reykjavik Cost of Living | Tagged , , | Comments Off on Iceland, Reykjavik – Cost of Living

Hungary, Budapest – Cost of Living

The economy of Hungary is a medium-sized, structurally, politically and institutionally open economy in Central Europe and is part of the European Union’s (EU) single market. Like most Eastern European economies, the economy of Hungary experienced market liberalisation in the early 1990s as part of the transition from socialist economy to market economy.

Budapest is the capital of Hungary. As the largest city of Hungary, Budapest serves as the country’s principal political, cultural, commercial, industrial, and transportation center and is considered an important hub in Central Europe.

Budapest 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 Hungary | Tagged , , | Comments Off on Hungary, Budapest – Cost of Living

Honduras, Tegucigalpa – Cost of Living

The economy of Honduras is mainly based on agriculture. Honduras has extensive forest, marine, and mineral resourcesbut the lack of arable land, and a small domestic market continue to impede economic progress in Honduras. Unemployment is estimated at above 25%.

Tegucigalpa is the capital city of Honduras and is also the country’s largest city. Tegucigalpa, as a colonial city, has several barrios in the oldest districts of the city and Comayaguela, and colonias in the new ones. None of them have well-defined limits or even town-centers.

Tegucigalpa 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 Honduras | Tagged , , | Comments Off on Honduras, Tegucigalpa – Cost of Living

Haiti, Port-au-Prince – Cost of Living

The economy of Haiti is amongst the poorest in the world. Two-thirds of all Haitians depend on the agriculture sector, mainly small-scale subsistence farming, and remain vulnerable to damage from frequent natural disasters, exacerbated by the country’s widespread deforestation. The country was devastated by a powerful earthquake in January 2010 which destroyed much of the infrastructure.

Port-au-Prince is the capital and largest city of the Caribbean nation of Haiti. Port-au-Prince is the nation’s largest center of economy and finance, however it has suffered considerable damage in the January 2010 earthquake. The city exports its most widely consumed produce of coffee and sugar.

Port-au-Prince 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 Haiti | Tagged , , | Comments Off on Haiti, Port-au-Prince – Cost of Living

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)

Read More

Posted in Uncategorized | Tagged , , , , , , , , | Comments Off on Africa Cost of Living – 2010

Guyana, Georgetown – Cost of Living

The economy of Guyana is mainly based on agriculture (production of rice and Demerara sugar), bauxite mining, gold mining, timber, shrimp fishing and minerals. Guyana is one of the poorest countries in the Western Hemisphere. Chronic problems include a shortage of skilled labour and a deficient infrastructure.

Georgetown is the capital and largest city of Guyana. Georgetown is Guyana’s largest city and it contains a large portion of the major businesses.

Georgetown 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 Georgetown Cost of Living | Tagged , , | Comments Off on Guyana, Georgetown – Cost of Living

Guinea-Bissau, Bissau – Cost of Living

The economy of Guinea-Bissau is among the world’s least developed and one of the 10 poorest countries in the world, dependant mainly on agriculture and fishing.

Bissau is the capital city of Guinea-Bissau. Bissau is the country’s largest city, major port, educational, administrative and military center. Peanuts, hardwoods, copra, palm oil, and rubber are the chief products.

Bissau 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 Bissau Cost of Living | Tagged , , | Comments Off on Guinea-Bissau, Bissau – Cost of Living

Guinea, Conakry – Cost of Living

The economy of Guinea has abundant natural resources including 25% or more of the world’s known bauxite reserves. Guinea also has diamonds, gold, and other metals.

Conakry is the capital and largest city of Guinea. Conakry is a port city on the Atlantic Ocean and serves as the economic, financial and cultural center of Guinea. Conakry is Guinea’s largest city and its administrative, communications, and economic center. The city’s economy revolves largely around the port, which has modern facilities for handling and storing cargo, through which alumina and bananas are shipped.

Conakry 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 Conakry Cost of Living | Tagged , , | Comments Off on Guinea, Conakry – Cost of Living

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!

Posted in Uncategorized | Tagged , , , | Comments Off on The Positives and Negatives of Moving Internationally

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.

Read More

Posted in Uncategorized | Tagged , , , , , | Comments Off on Transport International Cost of Living Ranking