Friday, February 18, 2011

Tonga, NukuAlofa - Cost of Living

The economy of Tonga is characterized by a large non monetary sector and a heavy dependence on remittances from the half of the country's population that lives abroad, chiefly in Australia, New Zealand, and the United States.

Nuku'Alofa is the capital and commercial, transport and social center of Tonga. Nuku'Alofa is the economic hub of the country.

Nuku'Alofa 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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