Monday, May 31, 2010

Greenland, Nuuk Cost of Living April 2010

Country Full Name: Greenland. Status: Self-governing part of Denmark.

Location: Greenland (part of the Kingdom of Denmark) is in Northern North America, an island between the Arctic Ocean and the North Atlantic Ocean, northeast of Canada.

Country Climate: Arctic to subarctic; cool summers, cold winters.

Country Terrain: Flat to gradually sloping icecap covers all but a narrow, mountainous, barren, rocky coast.

Major Languages: Greenlandic, Danish.

Major Religions: Christianity.

Country Population: 0.058 million (2008 est.) 0.058 million (2009 est.).

Country Economy: The economy og Greenland remains critically dependent on exports of fish, whaling and textiles and substantial support from the Danish Government, which supplies about half of government revenues. The public sector, including publicly-owned enterprises and the municipalities, plays the dominant role in the economy.

Currency: Danish krone (DKK).

Country Inflation: 9.4% (2008)est.).

City: Nuuk is the capital and largest city of Greenland.

City Economy: Nuuk is one of the smallest capital cities in the world by population.
Cost of Living: Nuuk 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. Nuuk is currently ranked 14 overall, most expensive place in the world for expatriates to live, out of 282 international locations.

For more cost of living information on Greenland, Nuuk