Saturday, June 26, 2010

Vatican City, Vatican City Cost of Living April 2010

Country Full Name: Vatican City.

Location: The Vatican City is a landlocked sovereign city-state whose territory consists of a walled enclave within the city of Rome.

Country Climate: Mediterranean climate characteristic of the Mediterranean coasts of Italy. It is at its most comfortable from April through June, and from mid-September to October. By August, the temperature during the heat of the day often exceeds 32 °C (90 °F).

Country Terrain: Urban low hill.

Major Languages: Italian, Latin.

Major Religions: Christianity.

Country Population: 830 (2008 est.) 830 (2009 est.).

Country Economy: The Vatican has its own financial system and banks, with interests worldwide. The incomes of lay workers are sensibly better than those of correspondent counterparts who work in the city of Rome. Living standards may be different, at least in their public evidence, due to particular sober lifestyle required.

Currency: Euro (EUR).

Country Inflation: 3.5% (2008 est.) 0.75% (2009 est.).

City: Vatican City is a landlocked sovereign city-state whose territory consists of a walled enclave within the city of Rome.

City Economy: The unique, noncommercial economy of Vatican City is supported financially by contributions (known as Peter's Pence) from Roman Catholics throughout the world, the sale of postage stamps and tourist mementos, fees for admission to museums, and the sale of publications.
Cost of Living: Vatican City 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. Vatican City is currently ranked 70 overall, most expensive place in the world for expatriates to live, out of 282 international locations.

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