Sunday, August 29, 2010

Solomon Islands, Honiara - Cost of Living

The economy of Solomon Islands is that of a lesser developed nation dependent on foreign aid. Over 75% of its labour force is engaged in subsistence farming and fishing.

Honiara is the capital of the Solomon Islands. Honiara industry consists of several beverage factories and a cookie factory. Major exports are timber, coconuts, copra and fish. Honiara International Airport is located about 10 kilometers outside the city.

Honiara 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.

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

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