Friday, April 30, 2010

Bulgaria, Sofia Cost of Living April 2010

Country Full Name: Republic of Bulgaria.

Location: Bulgaria is in South Eastern Europe, bordering the Black Sea, between Romania and Turkey.

Country Climate: Temperate; cold, damp winters; hot, dry summers.

Country Terrain: Mostly mountains with lowlands in north and southeast.

Major Languages: Bulgarian.

Major Religions: Christianity.

Country Population: 7.6 million (2008 est.) 7.6 million (2009 est.).

Country Economy: 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.

Currency: Bulgarian Lev (BGN).

Country Inflation: 12.0% (2008 est.) 2.7% (2009 est.).

City: Sofia is the capital and largest city of Bulgaria.

City Economy: 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.

Cost of Living: 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. Sofia is currently ranked 200 overall, most expensive place in the world for expatriates to live, out of 282 international locations.

For more Cost of Living information on Bulgaria, Sofia