Thursday, June 24, 2010

Sierra Leone, Freetown Cost of Living April 2010

Country Full Name: Republic of Sierra Leone.

Location: Sierra Leone is in Western Africa, bordering the North Atlantic Ocean, between Guinea and Liberia.

Country Climate: Tropical; hot, humid; summer rainy season (May to December); winter dry season (December to April).

Country Terrain: Coastal belt of mangrove swamps, wooded hill country, upland plateau, mountains in east.

Major Languages: English, Krio (Creole language derived from English) and a range of African languages.

Major Religions: Islam, Christianity.

Country Population: 5.6 million (2008 est.) 6.0 million (2009 est.).

Country Economy: The economy of Sierra Leone is slowly emerging from a protracted civil war and is showing signs of a successful transition. The country is very rich in minerals and has relied on mining, especially diamonds, for its economic base. The country is among the top 10 diamond producing nations in the world, and mineral exports remain the main foreign currency earner.

Currency: Sierra Leone Leone (SLL).

Country Inflation: 14.8% (2008 est.) 10.6% (2009 est.).

City: Freetown is the capital and largest city of Sierra Leone.

City Economy: Freetown is the economic, financial, and cultural center of Sierra Leone.
Cost of Living: Freetown 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. Freetown is currently ranked 177 overall, most expensive place in the world for expatriates to live, out of 282 international locations.

For more cost of living information on Sierra Leone, Freetown