Monday, April 12, 2010

Antigua and Barbuda, Saint Johns Cost of Living April 2010

Country Full Name: Antigua and Barbuda.

Location: Antigua and Barbuda are Caribbean, islands between the Caribbean Sea and the North Atlantic Ocean, east-southeast of Puerto Rico.

Country Climate: Tropical maritime; little seasonal temperature variation.

Country Terrain: Mostly low-lying limestone and coral islands, with some higher volcanic areas.

Major Languages: English.

Major Religions: Christianity.

Country Population: 0.084 million (2008 est.) 0.085 million (2009 est.).

Country Economy: The economy of Antigua and Barbuda's is service-based, with tourism and government services representing the key sources of employment and income. Tourism accounts directly or indirectly for more than half of GDP and is also the principal earner of foreign exchange in Antigua and Barbuda.

Currency: East Caribbean Dollar (XCD).

Country Inflation: 5.3% (2008 est.) -0.8% (2009 est.).

City: St John's is the capital and largest city of Antigua and Barbuda. St John's is the commercial centre of the nation and the chief port of the island of Antigua.

City Economy: St. John's is one of the most developed and cosmopolitan municipalities in the Lesser Antilles. The city is famous for its various shopping malls as well as boutiques throughout the city, selling designer jewelry and haute-couture clothing. There are also many independent, locally-run establishments, selling a variety of fashions. The investment banking industry has a strong presence in the city. Many major world financial institutions have offices in St. John's.

Cost of Living

Saint John's 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. Saint John's is currently ranked 199 overall, most expensive place in the world for expatriates to live, out of 282 international locations.

For more Cost of Living information : Antigua and Barbuda, Saint Johns