Friday, February 18, 2011

Togo, Lome - Cost of Living

Subsistence agriculture is the main economic activity in Togo; the majority of the population depends on subsistence agriculture. Phosphates are Togo's most important commodity, and the country has an estimated 60 million metric tons of phosphate reserves.

Lome is the capital and largest city of Togo. Lome is the country's administrative and industrial center and its chief port. The city exports coffee, cocoa, copra, and palm kernels. It also has an oil refinery.

Lome 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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