Tag Archives: cost of living

Albania Cost of Living

Albania cost of living is ranked a low cost of living location. The Republic of Albania is a Balkan country in South Eastern Europe. CAPITAL CITY: Tirana LARGEST CITY: Tirana CURRENCY: Albanian Lek (ALL) ECONOMY: After economic contraction following the … Continue reading

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How becoming an Expat can affect your children

Researching topic for an article, all comments welcome. Continue reading

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International Cost of Living Rankings 1 April 2009

In December 2008 London was ranked the 6th most expensive place in the world for expatriates to live, having been ranked 1st a year before. As at April 2009 London is the 23rd most expensive place in the world for expatriates. This does not mean that the cost of living for expatriates living in London has decreased significantly, what it does mean is that relative to other places in the world, London is no longer as expensive as it was in recent years. What makes London’s cost of living relatively lower than it was is mainly due to the increase in the cost of living elsewhere together with the weaker British Pound. Continue reading

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Expatriate Cost of Living India

India offers opportunity for expatriates to experience an increase in their purchasing power. Major cities in India offer a relatively low cost of living for expatriates for example Bangalore has an overall cost of living index of 64.6 (New York=100) and is the 38th cheapest place in the world for expatriates to live. Continue reading

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How to Calculate a Cost of Living Allowance

A Cost of Living Allowance (COLA) is a salary supplement paid to employees to cover differences in the cost of living, particularly as a result of an international assignment. The amount of COLA should enable an expatriate to be able … Continue reading

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A New Approach to Expatriate Pay

The challenges of ensuring expatriates are paid fair salaries across different countries, in the current economic climate, of the credit crisis together with rapid currency and inflation fluctuations are increasingly complex. The current economic climate has made it necessary to … Continue reading

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