Thursday, June 24, 2010

USA, Anchorage AK Cost of Living April 2010

Country Full Name: United States of America.

Location: The United States of America (USA) is in North America, bordering both the North Atlantic Ocean and the North Pacific Ocean, between Canada and Mexico.

Country Climate: Mostly temperate, but tropical in Hawaii and Florida, arctic in Alaska, semiarid in the great plains west of the Mississippi River, and arid in the Great Basin of the southwest; low winter temperatures in the northwest are ameliorated occasionally in January and February by warm chinook winds from the eastern slopes of the Rocky Mountains.

Country Terrain: Vast central plain, mountains in west, hills and low mountains in east; rugged mountains and broad river valleys in Alaska; rugged, volcanic topography in Hawaii.

Major Languages: English.

Major Religions: Christianity.

Country Population: 304.4 million (2008 est.) 307.2 million (2009 est.).

Country Economy: The economy of the United States is a capitalist mixed economy, fueled by abundant natural resources, a well-developed infrastructure, and high productivity. The U.S. economy is the largest national economy in the world, with an estimated gross domestic product (GDP) equal to a quarter of nominal global GDP and a fifth of global GDP at purchasing power parity.

Currency: US Dollar (USD).

Country Inflation: 3.8% (2008 est.) -0.4% (2009 est.).

City: Anchorage is a consolidated city-borough in the state of Alaska.

City Economy: Anchorage's largest economic sectors include transportation, military, local and federal government, tourism, and resource extraction. Large portions of the local economy depend on Anchorage's geographical location and surrounding natural resources. The Ted Stevens Anchorage International Airport is the world's third busiest airport by cargo traffic, surpassed only by Memphis and Hong Kong. This traffic is strongly linked to Anchorage's location along great circle routes between Asia and the lower 48 states.
Cost of Living: Anchorage 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. Anchorage is currently ranked 94 overall, most expensive place in the world for expatriates to live, out of 282 international locations.

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