Monday, August 29, 2011

Moving to Kathmandu

Today we look at moving to Kathmandu in Nepal from Mexico City in Mexico. 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 Kathmandu people speak Nepali. In Mexico City people speak Spanish.

Kathmandu is the capital and the largest metropolitan city of Nepal. Mexico City is the capital and largest city of Mexico. Kathmandu is the most important industrial and commercial centre of Nepal and the headquarters of most companies, banks and organizations in the country are located here. Mexico City is is one of the major political, economic, cultural and financial centers of the country. The city federal district produces 21.8% of the country's gross domestic product.

The overall cost of living rank in Kathmandu is 282 out of 300 global locations, which equates it with low cost of living locations.  An expatriate moving from Mexico City to Kathmandu will experience a change in cost of living of -24.8%.
In terms of the hardship people are likely to experience, assessed in global terms, Kathmandu is ranked as an extreme hardship location with a hardship index of 40% compared to Mexico City with a hardship index of 30% which is a high degree of hardship location.

Source: Cost of living Kathmandu, Nepal as at July 2011.