Friday, June 18, 2010

Mexico, Mexico City Cost of Living April 2010

Country Full Name: United Mexican States.

Location: Mexico is in Middle America, bordering the Caribbean Sea and the Gulf of Mexico, between Belize and the United States and bordering the North Pacific Ocean, between Guatemala and the United States.

Country Climate: Varies from tropical to desert.

Country Terrain: High, rugged mountains; low coastal plains; high plateaus; desert.

Major Languages: Spanish.

Major Religions: Christianity.

Country Population: 106.7 million (2008 est.) 107.8 million (2009 est.).

Country Economy: The economy of Mexico is the 11th largest in the world and is a free market mixed economy, and is firmly established as an upper middle-income country The economy contains rapidly developing modern industrial and service sectors, with increasing private ownership.

Currency: Mexican Peso (MXN).

Country Inflation: 5.1% (2008 est.) 5.4% (2009 est.).

City: Mexico City is the capital and largest city of Mexico.

City Economy: Mexico City is is one of the major political, economic, cultural and financial centers of the country. The city federal district produces 21.8% of the country's gross domestic product.
Cost of Living: Mexico City 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. Mexico City is currently ranked 190 overall, most expensive place in the world for expatriates to live, out of 282 international locations.

For more cost of living information on Mexico, Mexico City