Saturday, June 19, 2010

Montenegro, Podgorica Cost of Living April 2010

Country Full Name: Republic of Montenegro.

Location: Montenegro is in South Eastern Europe, between the Adriatic Sea and Serbia.

Country Climate: Mediterranean climate, hot dry summers and autumns and relatively cold winters with heavy snowfalls inland.

Country Terrain: Highly indented coastline with narrow coastal plain backed by rugged high limestone mountains and plateaus.

Major Languages: Christianity, Islam.

Major Religions: Serbian, Montenegrin.

Country Population: 0.0 million (2008 est.) 0.0 million (2009 est.).

Country Economy: The economy of Montenegro is mostly service-based and is in late transition to a market economy.

Currency: Euro (EUR).

Country Inflation: 9.0% (2008 est.) 3.4% (2009 est.).

City: Podgorica is the capital and largest city of Montenegro.

City Economy: Podgorica is the administrative centre of Montenegro. Most of Montenegro's industrial, financial and commercial base is in Podgorica.
Cost of Living: Podgorica 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. Podgorica is currently ranked 114 overall, most expensive place in the world for expatriates to live, out of 282 international locations.

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