Friday, June 18, 2010

Moldova, Chisinau Cost of Living April 2010

Country Full Name: Moldova.

Location: Moldova is in Eastern Europe, northeast of Romania.

Country Climate: Moderate winters, warm summers.

Country Terrain: Rolling steppe, gradual slope south to Black Sea.

Major Languages: Moldovan, Russian.

Major Religions: Christianity.

Country Population: 3.6 million (2008 est.) 3.6 million (2009 est.).

Country Economy: The economy of Moldova enjoys a favorable climate and good farmland but has no major mineral deposits. As a result, the economy depends heavily on agriculture, featuring fruits, vegetables, wine, and tobacco. The economy contracted dramatically following the fall of the Soviet Union. Currently, Moldova is one of the poorest countries in Europe.

Currency: Moldovan Leu (MDL).

Country Inflation: 12.7% (2008 est.) 1.4% (2009 est.).

City: Chisinu is the capital and largest municipality of Moldova.

City Economy: Chisinau is the main industrial and commercial centre and is located in the middle of the country.
Cost of Living: Chisinau 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. Chisinau is currently ranked 170 overall, most expensive place in the world for expatriates to live, out of 282 international locations.

For more cost of living information on Moldova, Chisinau