Tuesday, June 15, 2010

Kosovo, Pristina Cost of Living April 2010

Country Full Name: Kosovo. Status: Declared itself independent 17 February 2008. Serbia refuses to recognize declaration. UN-administered in the meantime.

Location: Kosovo is in South East Europe, between Serbia and Macedonia

Country Climate: Influenced by continental air masses resulting in relatively cold winters with heavy snowfall and hot, dry summers and autumns; Mediterranean and alpine influences create regional variation; maximum rainfall between October and December.

Country Terrain: Flat fluvial basin with an elevation of 400-700 m above sea level surrounded by several high mountain ranges with elevations of 2,000 to 2,500 m.

Major Languages: Albanian, Serbian.

Major Religions: Islam, Christianity.

Country Population: 1.8 million (2008 est.) 1.8 million (2009 est.).

Country Economy: The economy of Kosovo is one of the poorest in Europe. Despite substantial development subsidies Kosovo was the poorest province of the former Yugoslavia. Over the course of the 1990s, poor economic policies, international sanctions, weak access to external trade and finance, and ethnic conflict severely damaged the already weak economy.

Currency: Euro (EUR).

Country Inflation: 5.3% (2007 est.).

City: Pristina is the capital and largest city of the disputed territory of Kosovo.

City Economy: The city is developing with many new roads being built in Pristina. The national government is taking part in modernising the roadways as well, building motorways linking the city.
Cost of Living: Pristina has an overall cost of living index which equates it with low 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. Pristina is currently ranked 203 overall, most expensive place in the world for expatriates to live, out of 282 international locations.

For more cost of living information on Kosovo, Pristina