Sunday, June 20, 2010

Norway, Oslo Cost of Living April 2010

Country Full Name: Kingdom of Norway.

Location: Norway is in Northern Europe, bordering the North Sea and the North Atlantic Ocean, west of Sweden.

Country Climate: Temperate along coast, modified by North Atlantic Current; colder interior with increased precipitation and colder summers; rainy year-round on west coast.

Country Terrain: Glaciated; mostly high plateaus and rugged mountains broken by fertile valleys; small, scattered plains; coastline deeply indented by fjords; arctic tundra in north.

Major Languages: Norwegian.

Major Religions: Christianity.

Country Population: 4.8 million (2008 est.) 4.8 million (2009 est.).

Country Economy: The economy of Norway is a mixed economy, a prosperous capitalist welfare state featuring a combination of free market activity and large state ownership in certain key sectors. The country is richly endowed with natural resources including petroleum, hydropower, fish, forests, and minerals.

Currency: Norwegian Krone (NOK).

Country Inflation: 3.8% (2008 est.) 2.3% (2009 est.).

City: Oslo is the capital and largest city in Norway.

City Economy: Oslo's port is the largest general cargo port in the country and its leading passenger gateway. Oslo is home to some of which are the world's largest shipping companies, shipbrokers, and insurance brokers.
Cost of Living: Oslo has an overall cost of living index which equates it with high 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. Oslo is currently ranked 5 overall, most expensive place in the world for expatriates to live, out of 282 international locations.

For cost of living information on Norway, Oslo