Comores, Moroni – Cost of Living

Posted on July 27, 2010 by Xpatulator

The economy of Comores with an estimated gross domestic product (GDP) per capita income of about $700, is among the world’s poorest and least developed nations. Comoros is made up of three islands that have inadequate transportation links, a young and rapidly increasing population, and few natural resources. The low educational level of the labor force contributes to a subsistence level of economic activity, high unemployment, and a heavy dependence on foreign grants and technical assistance.

Moroni is the capital and largest city of the Comoros. Moroni has many excellent beaches. Exports include vanilla, cocoa, and coffee.

Moroni 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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Colombia, Bogota – Cost of Living

Posted on July 26, 2010 by Xpatulator

The economy of Colombia is that of a free market economy with major commercial and investment ties to the United Nations. Transition from a highly regulated economy has been underway for more than a decade.

Bogota is the capital city of Colombia. Bogota is Colombia’s largest economic center and most companies in Colombia have their headquarters in the city. Bogota is also a major center for the import and export of goods for Colombia and the Andean Community in Latin America.

Bogota 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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China, Wuhan – Cost of Living

Posted on July 26, 2010 by Xpatulator

The economy of the People’s Republic of China is a rapidly developing and influential market economy. China is the one of the worlds largest economies. China has had the fastest-growing major economy for the past 30 years with an average annual GDP growth rate above 10%. China’s per capita income has likewise grown at an average annual rate of more than 8% over the last three decades drastically reducing poverty.

Wuhan is the capital of Hubei province, People’s Republic of China, and is the most populous city in central China. Wuhan is an important center for economy, trade, finance, transportation, information technology, and education in Central China. Its major industries includes optic-electronic, automobile manufacturing, steel manufacturing, new pharmaceutical sector, biology engineering, new materials industry and environmental protection. Wuhan has over one third of French investment in China, the most among Chinese cities.

Wuhan 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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China, Tianjin – Cost of Living

Posted on July 26, 2010 by Xpatulator

The economy of the People’s Republic of China is a rapidly developing and influential market economy. China is the one of the worlds largest economies. China has had the fastest-growing major economy for the past 30 years with an average annual GDP growth rate above 10%. China’s per capita income has likewise grown at an average annual rate of more than 8% over the last three decades drastically reducing poverty.

Tianjin is the sixth largest city of the People’s Republic of China in terms of urban population. Administratively it is one of the four municipalities that have provincial-level status, reporting directly to the central government. Also, its urban land area is the fifth largest in China, ranked only after Beijing, Shanghai, Guangzhou and Shenzhen. Manufacturing is the largest (60.1%) and fastest-growing (18.2%) sector of Tianjin’s economy. Farmland takes up about 40% of Tianjin Municipality’s total area. Wheat, rice, and maize are the most important crops. Fishing is important along the coast. Tianjin is also an important industrial base. Major industries include petrochemical industries, textiles, car manufacturing, mechanical industries, and metalworking.

Tianjin 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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International Cost Of Living Index Calculation

Posted on July 26, 2010 by Xpatulator

Cost of living is the cost of maintaining a specified standard of living, similar to a typical household budget. A Cost of living index is a numerical way of comparing cost of living, either over time, or by comparing different geographical locations.

 

When you relocate to another geographic location, the cost of everything you spend your salary on will either cost more or less. Some of the costs may be higher in the new location and some of the costs may be lower. The difference in cost of living is typically reported as a “cost of living index.

 

By selecting the appropriate costs that you will have to pay from your salary, you can use a tool such aswww.xpatulator.com to calculate the cost of living difference between 2 locations. Xpatulator uses 13 basket groups, the result of extensive research of actual spending habits, to reflect a reality-based international expenditure pattern. The basket groups are weighted according to Expatriate expenditure norms.

 

When comparing the cost of living between 2 locations the difference in the aggregate cost of all the selected basket groups are examined in each location using the average reported price in each location for the same quantity of each item. Cost of living is the relative differential in the local cost of the basket groups and the ruling exchange rate between the 2 selected locations.

 

When comparing the cost of living between different locations the objective is to calculate the difference in the cost of living expressed as an index (e.g. dividing the cost of living in Location A by the cost of living in Location B may result in an index of 140).

 

The cost of living index indicates the difference in the cost of living between the 2 locations. In the above example the index of 140 means that Location A is 40% more expensive than Location B. This would mean that a person who moves from Location B to Location A would need to earn 40% more, to have the same standard of living in Location A as they have currently.

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Communication International Cost of Living Ranking

Posted on July 26, 2010 by Xpatulator

This report provides you with the rank of Communication 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).

Communication costs include various communication costs such as home telephone rental and call charges, internet connection and service provider fees, mobile / cellular phone contract and calls.

Xpatulator.com is the most comprehensive source of international cost of living index information.

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

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China, Shenzhen – Cost of Living

Posted on July 26, 2010 by Xpatulator

The economy of the People’s Republic of China is a rapidly developing and influential market economy. China is the one of the worlds largest economies. China has had the fastest-growing major economy for the past 30 years with an average annual GDP growth rate above 10%. China’s per capita income has likewise grown at an average annual rate of more than 8% over the last three decades drastically reducing poverty.

Shenzhen is a city of sub-provincial administrative status in southern China’s Guangdong province, situated immediately north of Hong Kong. Shenzhen is a major manufacturing centre in China and is home to some of China’s most successful high-tech companies. Shenzhen’s economic output is ranked fourth among Chinese cities after Beijing, Shanghai and Guangzhou.

Shenzhen 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 rank overview for each of the 13 Basket Groups is now available.

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China, Shanghai – Cost of Living

Posted on July 25, 2010 by Xpatulator

The economy of the People’s Republic of China is a rapidly developing and influential market economy. China is the one of the worlds largest economies. China has had the fastest-growing major economy for the past 30 years with an average annual GDP growth rate above 10%. China’s per capita income has likewise grown at an average annual rate of more than 8% over the last three decades drastically reducing poverty.

Shanghai is the largest city in China, and one of the largest metropolitan areas in the world. Located on China’s central eastern coast at the mouth of the Yangtze River, the city is administered as a municipality of the People’s Republic of China with province-level status. Shanghai is often regarded as the center of finance and trade in mainland China. Shanghai also hosts the largest share market in mainland China.

Shanghai 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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China, Macao – Cost of Living

Posted on July 25, 2010 by Xpatulator

The economy of Macao is characterised by the policy of one country, two systems, by which the Central People’s Government is responsible for Macao’s defense and foreign affairs, while Macao maintains its own legal system, police force, monetary system, customs policy, immigration policy, and delegates to international organisations and events. The territory has thriving industries such as textiles, electronics and toys, and a notable tourist industry. This makes it one of the richest cities in the world.

The Macao Special Administrative Region is one of the two special administrative regions of the People’s Republic of China, the other being Hong Kong. Macao’s economy is based largely on tourism, much of it geared toward gambling. Other chief economic activities in Macau are export-geared textile and garment manufacturing, banking and other financial services. The clothing industry has provided about three quarters of export earnings, and the gaming, tourism and hospitality industry is estimated to contribute more than 50% of Macau’s GDP, and 70% of Macau government revenue.

Macao 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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China, Hong Kong – Cost of Living

Posted on July 25, 2010 by Xpatulator

The economy of Hong Kong is characterised by the principle of one country, two systems, whereby Hong Kong runs on economic and political systems different from those of mainland China. Hong Kong is one of the world’s leading international financial centres, with a major capitalist service economy characterized by low taxation, free trade and minimum government intervention under the ethos of positive non-interventionism.

Hong Kong is a special administrative region of the People’s Republic of China. Hong Kong’s highly favorable geographical position and trading opportunities are wealth-generating assets.

Hong Kong 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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