Saturday, February 19, 2011

Turkmenistan, Ashgabat - Cost of Living

Turkmenistan is largely desert country with nomadic cattle raising, intensive agriculture in irrigated oases, and huge gas and oil resources. One-half of its irrigated land is planted in cotton, placing the country in the top 10-15 producers. It also possesses the world's fifth largest reserves of natural gas and substantial oil resources.

Ashgabat is the capital and largest city of Turkmenistan. Ashgabat is primarily a government and administrative center. The principal industries are cotton textiles and metal working.

Ashgabat 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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