Sunday, September 5, 2010

Ukraine, Kiev - Cost of Living

The economy of Ukraine showed strong export-based growth of 5 to 10 percent, with industrial production growing more than 10 percent per year in the early 2000s before the impact of the financial crisis. Ukraine produces nearly all types of transportation vehicles and spacecraft. Antonov airplanes and KrAZ trucks are exported to many countries. The majority of Ukrainian exports are marketed to the European Union and CIS.

Kiev is the capital and the largest city of Ukraine. Kiev is a major administrative, cultural and scientific centre of the Ukraine. It is the largest city in Ukraine in terms of both population and area and enjoys the highest levels of business activity.

Kiev 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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