Wednesday, June 23, 2010

Russia, Moscow Cost of Living April 2010

Country Full Name: Russian Federation.

Location: Russia is in Northern Asia (the area west of the Urals is considered part of Europe), bordering the Arctic Ocean, between Europe and the North Pacific Ocean.

Country Climate: Ranges from steppes in the south through humid continental in much of European Russia; subarctic in Siberia to tundra climate in the polar north; winters vary from cool along Black Sea coast to frigid in Siberia; summers vary from warm in the steppes to cool along Arctic coast.

Country Terrain: Broad plain with low hills west of Urals; vast coniferous forest and tundra in Siberia; uplands and mountains along southern border regions.

Major Languages: Russian.

Major Religions: Christianity, Islam.

Country Population: 142 million (2008 est.) 141.4 million (2009 est.).

Country Economy: The economy of Russia is the eighth largest economy in the world by nominal value and the sixth largest by purchasing power parity (PPP). Oil, natural gas, metals, and timber account for more than 80% of Russian exports abroad.

Currency: Russian Rouble (RUB).

Country Inflation: 14.1% (2008 est.) 12.3% (2009 est.).

City: Moscow is the capital and the largest city of Russia.

City Economy: Moscow is one of largest city economies in Europe and it comprises approximately 20% of Russian GDP.
Cost of Living: Moscow 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. Moscow is currently ranked 35 overall, most expensive place in the world for expatriates to live, out of 282 international locations.

For more cost of living information on Russia, Moscow