Monday, June 14, 2010

Kazakhstan, Almaty Cost of Living April 2010

Country Full Name: Republic of Kazakhstan.

Location: Kazakhstan is in Central Asia, northwest of China; a small portion west of the Ural (Zhayyq) River in eastern-most Europe.

Country Climate: Continental, cold winters and hot summers, arid and semiarid.

Country Terrain: Vast flat steppe extending from the Volga in the west to the Altai Mountains in the east and from the plains of western Siberia in the north to oases and deserts of Central Asia in the south.

Major Languages: Kazakh, Russian.

Major Religions: Islam, Christianity.

Country Population: 15.5 million (2008 est.) 15.6 million (2009 est.).

Country Economy: The economy of Kazakhstan is the largest economy in Central Asia. It possesses enormous fossil fuel reserves as well as minerals and metals. It also has considerable agricultural potential with its vast steppe lands accommodating both livestock and grain production, as well as developed space infrastructure, which took over all launches to the International Space Station from the Space Shuttle. Energy is the leading economic sector which includes the production of crude oil and natural gas condensate.

Currency: Kazakhstan Tenge (KZT).

Country Inflation: 17.2% (2008 est.) 7.5% (2009 est.).

City: Almaty is the largest city in Kazakhstan.

City Economy: Almaty is the major commercial center of Kazakhstan.
Cost of Living: Almaty 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. Almaty is currently ranked 142 overall, most expensive place in the world for expatriates to live, out of 282 international locations.

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