Sunday, May 23, 2010

Falkland Islands, Stanley Cost of Living April 2010

Country Full Name: Falkland Islands. Also called Las Malvinas by Argentina.

Location: The Falkland Islands (Overseas Territory of the UK; also claimed by Argentina) are islands in the South Atlantic Ocean, east of southern Argentina.

Country Climate: Cold marine; strong westerly winds, cloudy, humid; rain occurs on more than half of days in year; average annual rainfall is 24 inches in Stanley; occasional snow all year, except in January and February, but does not accumulate.

Country Terrain: Rocky, hilly, mountainous with some boggy, undulating plains.

Major Languages: English.

Major Religions: Christianity.

Country Population: 0.003 million (2008 est.) 0.003 million (2009 est.).

Country Economy: The economy of the Falkland Islands, previously heavily over-dependent on sheep farming (and historically whaling), has become more diversified in the last decades and now also has income from tourism and commercial fishing as well as a service base for the fishing industry.

Currency: Falkland Islands Pound (FKP).

Country Inflation: N/A.

City: Stanley (also known as Port Stanley) is the capital and only true city in the Falkland Islands.

City Economy: Stanley is the main shopping centre on the islands and the hub of East Falkland's road network.
Cost of Living: Stanley 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. Stanley is currently ranked 84 overall, most expensive place in the world for expatriates to live, out of 282 international locations.

For more cost of living information on Falkland Islands, Stanley