Sunday, August 14, 2011

Moving to Milan

Today we look at moving to Milan in Italy from Calcutta in India. 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 Milan people speak Italian. In Calcutta people speak Hindi, English and at least 16 other official languages.

Milan, is the capital of the region of Lombardia and of the province of Milan. Calcutta is the capital of the Indian state of West Bengal. Milan is one of the EU's and the world's major financial and business centres. Milan is also regarded as the true current fashion capital of the world. Calcutta is the main business, commercial and financial hub of eastern India and the northeastern states. It is home to the Calcutta Stock Exchange, India's second-largest bourse. It is also a major commercial and military port, and the only city in the region to have an international airport.

The overall cost of living rank in Milan is 36 out of 300 global locations, which equates it with high cost of living locations.  An expatriate moving from Calcutta to Milan will experience a change in cost of living of 27.1%.
In terms of the hardship people are likely to experience, assessed in global terms, Milan is ranked as a minimal hardship location with a hardship index of 10% compared to Calcutta with a hardship index of 30% which is a high degree of hardship location.

Source: as at July 2011.

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