Wednesday, April 28, 2010

Bermuda, Hamilton Cost of Living April 2010

Country Full Name: Bermuda.

Location: Bermuda is in North America, it is a group of islands in the North Atlantic Ocean, east of South Carolina (US).

Country Climate: Subtropical; mild, humid; gales, strong winds common in winter.

Country Terrain: Low hills separated by fertile depressions.

Major Languages: English, Portuguese.

Major Religions: Christianity.

Country Population: 0.067 million (2008 est.) 0.068 million (2009 est.).

Country Economy: 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 .

Currency: Bermudian Dollar (BMD).

Country Inflation: 2.8% (2008 est.) 2.8% (2009 est.).

City: 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.

City Economy: 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.

Cost of Living: 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. Hamilton is currently ranked 19 overall, most expensive place in the world for expatriates to live, out of 282 international locations.

For more cost of living information on Bermuda, Hamilton