Monday, August 9, 2010

Kazakhstan, Almaty - Cost of Living

The economy of Kazakhstan is the largest economy in Central Asia. It possesses enormous fossil fuel reserves as well as minerals and metals. It also has considerable agricultural potential with its vast steppe lands accommodating both livestock and grain production, as well as developed space infrastructure, which took over all launches to the International Space Station from the Space Shuttle. Energy is the leading economic sector which includes the production of crude oil and natural gas condensate.

Almaty is the largest city in Kazakhstan. Almaty is the major commercial center of Kazakhstan.

Almaty 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.

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

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