Tuesday, June 1, 2010

Guernsey, St Peter Port Cost of Living April 2010

Country Full Name: Bailiwick of Guernsey. Status: UK Crown Dependency.

Location: Guernsey is in the English Channel, northwest of France.

Country Climate: Temperate with mild winters and cool summers; about 50% of days are overcast.

Country Terrain: Mostly level with low hills in southwest.

Major Languages: English, French, local forms of French.

Major Religions: Christianity.

Country Population: 0.066 million (2008 est.) 0.066 million (2009 est.).

Country Economy: The economy of Guernsey is linked to financial services, such as banking, fund management, and insurance. Tourism, manufacturing, and horticulture, mainly tomatoes and cut flowers, especially freesias, have been declining. Light tax and death duties make Guernsey a popular offshore finance centre for Private equity funds.

Currency: British Pound (GBP).

Country Inflation: 3.4% (2006)est.).

City: Saint Peter Port is the capital of Guernsey.

City Economy: St. Peter Port is a small town consisting mostly of steep narrow streets and steps on the overlooking slopes and is the main port.
Cost of Living: St Peter Port 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. St Peter Port is currently ranked 54 overall, most expensive place in the world for expatriates to live, out of 282 international locations.

For more cost of living information on Guernsey, St Peter Port