Saturday, July 23, 2011

Moving to George Town

Today we look at moving to George Town in Cayman Islands from Ouagadougou in Burkina Faso. We highlight cost of living and other major differences likely to be experienced in our series of short blogs on moving between different international locations.
In Ouagadougou people speak French and indigenous languages. In George Town people speak English.

Ouagadougou is the capital of Burkina Faso and the administrative, communications, cultural and economic center of the nation. It is also the country's largest city.
George Town, Grand Cayman, is the capital of the Cayman Islands, in the British West Indies. Ouagadougou's primary industries are food processing and textiles. George Town is the heart of the Cayman Islands financial industry, with over 600 banks located there. Most of these are small one room operations, some having no physical location on the island at all. It also has cruise ship facilities and several shopping plazas.

The overall cost of living rank in Ouagadougou is 136 out of 300 global locations, which equates it with middle cost of living locations.  An expatriate moving from Ouagadougou to George Town which has an overall cost of living rank of 104, which equates it with middle cost of living locations, will experience a change in cost of living of 6.9%.
In terms of the hardship people are likely to experience, assessed in global terms, George Town is ranked as a some hardship location with a hardship index of 20% compared to Ouagadougou with a hardship index of 40% which is an extreme hardship location.

Source: as at July 2011.

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