Wednesday, May 26, 2010

Georgia Republic of, Tbilisi Cost of Living April 2010

Country Full Name: Georgia.

Location: Georgia is in South Western Asia, bordering the Black Sea, between Turkey and Russia.

Country Climate: Warm and pleasant; Mediterranean-like on Black Sea coast.

Country Terrain: Largely mountainous with Great Caucasus Mountains in the north and Lesser Caucasus Mountains in the south; Kolkhet'is Dablobi (Kolkhida Lowland) opens to the Black Sea in the west; Mtkvari River Basin in the east; good soils in river valley flood plains, foothills of Kolkhida Lowland.

Major Languages: Georgian, Russian.

Major Religions: Christianity.

Country Population: 4.4 million (2008 est.) 4.4 million (2009 est.).

Country Economy: The economy of Georgia has traditionally revolved around Black Sea tourism, cultivation of citrus fruits, tea and grapes; mining of manganese and copper; and output of a big industrial sector producing wine, metals, machinery, chemicals, and textiles.

Currency: Georgian Lari (GEL).

Country Inflation: 10.0% (2008 est.) 1.2% (2009 est.).

City: Tbilisi is the capital and the largest city of Georgia.

City Economy: Tbilisi is a significant industrial, social, and cultural center. The city is also emerging as an important transit route for global energy and trade projects. Located strategically at the crossroads between Europe and Asia and lying along the historic Silk Road routes, Tbilisi has often been the point of contention between various rivaling powers and empires.
Cost of Living: Tbilisi has an overall cost of living index which equates it with middle 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. Tbilisi is currently ranked 153 overall, most expensive place in the world for expatriates to live, out of 282 international locations.

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