Thursday, June 24, 2010

Seychelles, Victoria Cost of Living April 2010

Country Full Name: The Republic of Seychelles.

Location: Seychelles is an archipelago in the Indian Ocean, northeast of Madagascar.

Country Climate: Tropical marine; humid; cooler season during southeast monsoon (late May to September); warmer season during northwest monsoon (March to May).

Country Terrain: Mahe Group is granitic, narrow coastal strip, rocky, hilly; others are coral, flat, elevated reefs.

Major Languages: English, French, Creole.

Major Religions: Christianity.

Country Population: 0.085 million (2008 est.) 0.085 million (2009 est.).

Country Economy: The economy of the Seychelles is primarily based on the tourist sector, which employs about 30% of the labor force and provides more than 70% of the revenue.

Currency: Seychellois Rupee (SCR).

Country Inflation: 37.0% (2008 est.) 33.4% (2009 est.).

City: Victoria is the capital city of the Republic of Seychelles.

City Economy: Victoria is the smallest African capital. The principal exports are vanilla, coconuts, coconut oil, tortoise shell, soap, and guano.
Cost of Living: Victoria 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. Victoria is currently ranked 122 overall, most expensive place in the world for expatriates to live, out of 282 international locations.

For more cost of living information on Seychelles, Victoria