Thursday, December 9, 2010

Uzbekistan, Tashkent - Cost of Living

The economy of Uzbekistan relies mainly on commodity production, including cotton, gold, uranium, potassium, and natural gas. Despite the declared objective of transition to a market economy, Uzbekistan continues to maintain rigid economic controls, which often repel foreign investors. Agriculture employs 28% of Uzbekistan's labour force and contributes 24% of its GDP.

Tashkent is the capital of Uzbekistan and also of the Tashkent Province. Since 1991, the city has changed economically, culturally, and architecturally.

Tashkent 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.

Read More