Thursday, May 13, 2010

Comores, Moroni Cost of Living April 2010

Country Full Name: The Union of the Comoros.

Location: The Comores is in Southern Africa. A group of islands at the northern mouth of the Mozambique Channel, about two-thirds of the way between northern Madagascar and northern Mozambique.

Country Climate: Tropical marine; rainy season (November to May).

Country Terrain: Volcanic islands, interiors vary from steep mountains to low hills.

Major Languages: Arabic, French, Comoran (a blend of Swahili and Arabic).

Major Religions: Islam.

Country Population: 0.652 million (2008 est.) 0.666 million (2009 est.).

Country Economy: The economy of Comores with an estimated gross domestic product (GDP) per capita income of about $700, is among the world's poorest and least developed nations. Comoros is made up of three islands that have inadequate transportation links, a young and rapidly increasing population, and few natural resources. The low educational level of the labor force contributes to a subsistence level of economic activity, high unemployment, and a heavy dependence on foreign grants and technical assistance.

Currency: Comoros Franc (KMF).

Country Inflation: 4.8% (2008 est.) 4.9% (2009 est.).

City: Moroni is the capital and largest city of the Comoros.

City Economy: Moroni has many excellent beaches. Exports include vanilla, cocoa, and coffee.
Cost of Living: Moroni 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. Moroni is currently ranked 40 overall, most expensive place in the world for expatriates to live, out of 282 international locations.

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