Friday, June 25, 2010

USA, Boston Mass 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: Boston is the capital and largest city of the Commonwealth of Massachusetts, and is one of the oldest cities in the United States.

City Economy: Boston's colleges and universities have a major impact on the city and region's economy. Boston's schools are major employers and attract high-tech industries to the city and surrounding region. Boston is home to a number of technology companies and is a hub for biotechnology.
Cost of Living: Boston 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. Boston is currently ranked 69 overall, most expensive place in the world for expatriates to live, out of 282 international locations.

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