Wednesday, August 4, 2010

Honduras, Tegucigalpa - Cost of Living

The economy of Honduras is mainly based on agriculture. Honduras has extensive forest, marine, and mineral resourcesbut the lack of arable land, and a small domestic market continue to impede economic progress in Honduras. Unemployment is estimated at above 25%.

Tegucigalpa is the capital city of Honduras and is also the country's largest city. Tegucigalpa, as a colonial city, has several barrios in the oldest districts of the city and Comayaguela, and colonias in the new ones. None of them have well-defined limits or even town-centers.

Tegucigalpa 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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