Friday, January 14, 2011

Georgia Republic of, Tbilisi - Cost of Living

The economy of Georgia has traditionally revolved around Black Sea tourism, cultivation of citrus fruits, tea and grapes; mining of manganese and copper; and output of a big industrial sector producing wine, metals, machinery, chemicals, and textiles.

Tbilisi is the capital and the largest city of Georgia. Tbilisi is a significant industrial, social, and cultural center. The city is also emerging as an important transit route for global energy and trade projects. Located strategically at the crossroads between Europe and Asia and lying along the historic Silk Road routes, Tbilisi has often been the point of contention between various rivaling powers and empires.

Tbilisi 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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