Monday, January 31, 2011

Moldova, Chisinau - Cost of Living

The economy of Moldova enjoys a favorable climate and good farmland but has no major mineral deposits. As a result, the economy depends heavily on agriculture, featuring fruits, vegetables, wine, and tobacco. The economy contracted dramatically following the fall of the Soviet Union. Currently, Moldova is one of the poorest countries in Europe.

Chisinu is the capital and largest municipality of Moldova. Chisinau is the main industrial and commercial centre and is located in the middle of the country.

Chisinau 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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