Tuesday, July 27, 2010

El Salvador, San Salvador - Cost of Living

The economy of El Salvador has been hampered by natural disasters such as earthquakes and hurricanes, but El Salvador currently has a steadily growing economy. The service sector is the largest component of GDP at 64%, followed by the industrial sector at 25%. Agriculture represents only 11% of GDP.

San Salvador is the capital and largest city of the nation of El Salvador.San Salvador is home to one-half of El Salvador's wealth. The city offers the widest boulevards in Central America and is served by a railroad that connects to other cities.

San Salvador has an overall cost of living index which equates it with low 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.

The latest cost of living rank for each of the 13 Basket Groups is now available.

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