Iran, Tehran Cost of Living April 2010

Country Full Name: Islamic Republic of Iran.

Location: Iran is in the Middle East, bordering the Gulf of Oman, the Persian Gulf, and the Caspian Sea, between Iraq and Pakistan.

Country Climate: Mostly arid or semiarid, subtropical along Caspian coast.

Country Terrain: Rugged, mountainous rim; high, central basin with deserts, mountains; small, discontinuous plains along both coasts.

Major Languages: Persian.

Major Religions: Islam.

Country Population: 72.9 million (2008 est.) 74.1 million (2009 est.).

Country Economy: The economy of Iran is a mixture of central planning, state ownership of oil and other large enterprises, village agriculture, and small-scale private trading and service ventures. Its economic infrastructure has been improving steadily over the past two decades but continues to be affected by inflation and unemployment.

Currency: Iranian Rial (IRR).

Country Inflation: 25.4% (2008 est.) 12.0% (2009 est.).

City: Tehran is the capital and largest city of Iran.

City Economy: Tehran is the economic centre of Iran. About 30% of Iran?s public-sector workforce and 45% of large industrial firms are located in Tehran and almost half of these workers work for the government. Most of the remainder of workers are factory workers, shopkeepers, laborers, and transport workers.
Cost of Living: Tehran 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. Tehran is currently ranked 209 overall, most expensive place in the world for expatriates to live, out of 282 international locations.

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