Thursday, March 4, 2010

India, Hyderabad Cost of Living January 2010

LOCATION: India is in Southern Asia, bordering the Arabian Sea and the Bay of Bengal, between Burma and Pakistan. Hyderabad is the capital city and most populous city of the Indian state of Andhra Pradesh.

CAPITAL CITY: New Delhi

LARGEST CITY: Mumbai

CURRENCY: Indian Rupee (INR)

ECONOMY: Since 1991, India has gradually opened up its markets through economic reforms and reduced government controls on foreign trade and investment. India has a diverse economy which includes traditional village farming, modern agriculture, handicrafts, a wide range of modern industries, and a multitude of services. These services are the major source of economic growth, accounting for more than half of India's output with less than one third of its labor force. The fundamental social, economic, and environmental problems are due to the huge and growing population. Hyderabad is the financial and economic capital of the state of Andhra Pradesh. The city is primarily a service city with a more diversified spectrum, including trade, transport, commerce, storage, communication etc. Hyderabad is known as the city of pearls, lakes and, in more recent times, for its IT companies.


Hyderabad 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. Hyderabad is currently ranked 193 overall, most expensive place in the world for expatriates to live, out of 300 international locations. 


LOCATION: India is in Southern Asia, bordering the Arabian Sea and the Bay of Bengal, between Burma and Pakistan. Hyderabad is the capital city and most populous city of the Indian state of Andhra Pradesh.

CAPITAL CITY: New Delhi

LARGEST CITY: Mumbai

CURRENCY: Indian Rupee (INR)

ECONOMY: Since 1991, India has gradually opened up its markets through economic reforms and reduced government controls on foreign trade and investment. India has a diverse economy which includes traditional village farming, modern agriculture, handicrafts, a wide range of modern industries, and a multitude of services. These services are the major source of economic growth, accounting for more than half of India's output with less than one third of its labor force. The fundamental social, economic, and environmental problems are due to the huge and growing population. Hyderabad is the financial and economic capital of the state of Andhra Pradesh. The city is primarily a service city with a more diversified spectrum, including trade, transport, commerce, storage, communication etc. Hyderabad is known as the city of pearls, lakes and, in more recent times, for its IT companies.


In terms of the hardship people are likely to experience, assessed in global terms, Hyderabad is ranked as a high degree of hardship location with a hardship index of 30%. 

Your exact customized hardship index premium for Hyderabad is based on the comparison location that you select in the Calculators.