Tuesday, August 10, 2010

Kosovo, Pristina - Cost of Living

The economy of Kosovo is one of the poorest in Europe. Despite substantial development subsidies Kosovo was the poorest province of the former Yugoslavia. Over the course of the 1990s, poor economic policies, international sanctions, weak access to external trade and finance, and ethnic conflict severely damaged the already weak economy.

Pristina is the capital and largest city of the disputed territory of Kosovo. The city is developing with many new roads being built in Pristina. The national government is taking part in modernising the roadways as well, building motorways linking the city.

Pristina 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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