Friday, June 25, 2010

India, Chennai Cost of Living April 2010

Country Full Name: Republic of India.

Location: India is in Southern Asia, bordering the Arabian Sea and the Bay of Bengal, between Burma and Pakistan.

Country Climate: Varies from tropical monsoon in south to temperate in north.

Country Terrain: Upland plain (Deccan Plateau) in south, flat to rolling plain along the Ganges, deserts in west, Himalayas in north.

Major Languages: Hindi, English and at least 16 other official languages.

Major Religions: Hinduism, Islam, Christianity, Sikhism, Buddhism, Jainism.

Country Population: 1186.3 million (2008 est.) 1203.3 million (2009 est.).

Country Economy: The economy of India is the twelfth largest economy in the world by nominal value and the fourth largest by purchasing power parity (PPP). In the 1990s, following economic reform from the socialist-inspired economy of post-independence India, the country began to experience rapid economic growth, as markets opened for international competition and investment. In the 21st century, India is an emerging economic power with vast human and natural resources, and a huge knowledge base.

Currency: Indian Rupee (INR).

Country Inflation: 8.3% (2008 est.) 8.7% (2009 est.).

City: Chennai is the capital city of the Indian state of Tamil Nadu.

City Economy: Chennai's economy has a broad industrial base in the car, technology, hardware manufacturing, and healthcare industries. The city is India's second largest exporter of software, information technology (IT) and information-technology-enabled services (ITES). A major chunk of India's car manufacturing industry is based in and around the city.
Cost of Living: Chennai 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. Chennai is currently ranked 150 overall, most expensive place in the world for expatriates to live, out of 282 international locations.

For more cost of living information on India, Chennai

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