Cambodia, Phnom Penh – Cost of Living

The economy of Cambodia has seen rapid progress in the last decade. Per capita income, although rapidly increasing, is low compared with most neighbouring countries. The main domestic activity on which most rural households depend is agriculture and its related sub-sectors. Manufacturing output is varied but is not very extensive and is mostly conducted on a small-scale and informal basis.

Phnom Penh is the capital and largest city of Cambodia. Double-digit economic growth rates in recent years have triggered an economic boom, with new hotels, restaurants, bars, and residential buildings springing up around the city. Phnom Penh’s wealth of historical and cultural sites makes it a very popular tourist destination.

Phnom Penh 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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Brazil, Brasilia – Cost of Living

The economy of Brazil is a federal economy . Brazil is the ninth largest economy in the world and the second largest in the Americas, after the United States.

Brasília is the capital of Brazil. The major roles of construction and of services (government, communications, banking and finance, food production, entertainment, and legal services) in Brasília’s economy reflect the city’s status as a governmental rather than an industrial centre.

Brasilia 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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Botswana, Gaborone – Cost of Living

The economy of Botswana is that of a rapidly developing market economy. Being closely tied with the economy of South Africa, the country’s economy is one of the most successful in Africa and is dominated by the fast-growing service sector, world-renowned diamond industry, tourism, and manufacturing.

Gaborone, is the capital and largest city of Botswana. Gaborone is the center of the national economy. The Southern African Development Community (SADC) has its headquarters in Gaborone.

Gaborone 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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Bulgaria, Sofia – Cost of Living

The economy of Bulgaria is an industrialised, open free market economy, with a large, moderately advanced private sector and a number of strategic state-owned enterprises.

Sofia is the capital and largest city of Bulgaria. Sofia is the major economic center of Bulgaria and home to most major Bulgarian and international companies operating in Bulgaria. Sofia is also the country’s financial hub.

Sofia 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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Brunei, Bandar Seri Begawan – Cost of Living

The economy of Brunei is small but wealthy with a mixture of foreign and domestic entrepreneurship, government regulation, welfare measures, and village tradition. Crude oil and natural gas production account for nearly half of its GDP. Substantial income from overseas investment supplements income from domestic production.

Bandar Seri Begawan is the capital and largest city of the Sultanate of Brunei. The city produces furniture, textiles, handicrafts, and timber.

Bandar Seri Begawan 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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Bhutan, Thimphu – Cost of Living

The economy of Bhutan is based on agriculture, forestry, tourism and the sale of hydroelectric power to India. Agriculture provides the main livelihood for more than 80 percent of the population. Agrarian practices consist largely of subsistence farming and animal husbandry.

Thimphu is the capital and largest city of Bhutan. Thimphu became a town in 1961 and grew as the capital of Bhutan. Before 1960, Thimphu was a small settlement but was developed by the King Jigme Dorje Wangchuk to replace the ancient capital of Punakha. Rapid expansion following the pattern of rural exodus has resulted in considerable rebuilding in the city centre and mushrooming suburban development elsewhere.

Thimphu 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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Bermuda, Hamilton – Cost of Living

The economy of Bermuda is very affluent and has one of the highest per capita incomes in the world, having successfully exploited its location by providing financial services for international firms and luxury tourist facilities.

Hamilton is located on the north side of Hamilton Harbour, and is Bermuda’s main port. Although there is a parish of the same name, the city of Hamilton is in the parish of Pembroke. Finance and international business now constitute the largest sector of Bermuda’s economy, and virtually all of this business takes place within the borders of Hamilton.

Hamilton 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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Bosnia and Herzegovina, Sarajevo – Cost of Living

The eceonomy of Bosnia and Herzegovina faces the dual problem of rebuilding a war-torn country and introducing market reforms to its formerly centrally-planned economy. Although agriculture is almost all in private hands, farms are generally small and inefficient, and the republic traditionally is a net importer of food. Industry is mostly overstaffed, a holdover from the socialist economic structure of Yugoslavia.

Sarajevo is the capital and largest city of Bosnia and Herzegovina. The economy of Sarajevo has been subject to reconstruction and rehabilitation programs after years of war. Amongst other economic landmarks, the Central Bank of Bosnia and Herzegovina opened in Sarajevo in 1997 and the Sarajevo Stock Exchange began trading in 2002. The city’s large manufacturing, administration, and tourism base, combined with a large informal market, makes it one of the strongest economic regions of Bosnia and Herzegovina.

Sarajevo 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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Bolivia, La Paz – Cost of Living

The economy of Bolivia is characterised by the lowest GDP per capita in South America. However, the country is rich in natural resources and has the second largest natural gas reserves in South America. Bolivia is also estimated to have 50%-70% of the worlds lithium.

La Paz is the administrative capital of Bolivia. The economy of La Paz has improved greatly in recent years. Due to the long period of high inflation and economic struggle faced by Bolivians in the 1980s and early 1990s, a large Informal Economy developed.

La Paz 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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Belgium, Brussels – Cost of Living

The economy of Belgium is a modern, private enterprise economy that has capitalized on its central geographic location, highly developed transport network, and diversified industrial and commercial base.

Brussels is the de facto capital city of the European Union (EU) and the largest urban area in Belgium. Serving as the centre of administration for Europe, Brussels’ economy is largely service-oriented. It is dominated by regional and world headquarters of multinationals, by European institutions, by various administrations, and by related services, though it does have a number of notable craft industries, such as the Cantillon Brewery, a lambic brewery founded in 1900.

Brussels 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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