Showing posts with label Algeria cost of living. Show all posts
Showing posts with label Algeria cost of living. Show all posts

Thursday, March 24, 2011

Expatriate Spotlight on Algiers in Algeria

Algiers is a large, busy, Mediterranean city that, thanks mainly to oil and gas, is growing and prospering. The number of new cars on the roads is a sign of growing personal prosperity. The population has doubled in the last 20 years. It is the largest port in northwest Africa and the largest city too. Despite the growth Algiers has preserved its old mystique and strong sense of identity in dazzlingly white.

Algiers cost of living* compared to Houston Tx:

  • Alcohol & Tobacco is more expensive
  • Clothing is cheaper
  • Communication is cheaper
  • Education is cheaper
  • Furniture & Appliances is cheaper
  • Groceries is cheaper
  • Healthcare is more expensive
  • Household is more expensive
  • Miscellaneous is cheaper
  • Personal Care is more expensive
  • Recreation & Culture is cheaper
  • Restaurants Meals Out and Hotels is cheaper
  • Transport is cheaper
*As at 1 January 2011

The overall weighted cost of living difference between Houston and Algiers is 5.21%.

Hardship compared to Houston:
Houston is ranked as a minimal hardship location with a hardship premium of 10%. Algiers is ranked as an extreme hardship location with a hardship premium of 40%. The relative difference in hardship premium (i.e. Host Location Premium minus Home Location Premium) is 30%.

Salary Purchasing Power Parity (SPPP)
The SPPP report calculates how much you need to earn in another location to compensate for a higher cost of living, hardship, and the exchange rate, in order to have the same relative spending power and as a result have a similar standard of living as you have in your current location.

A person would require a salary of 135,205.39 US Dollar (USD) in Algiers to have the same standard of living as currently enjoyed in Houston on a salary of 100,000.00 US Dollar (USD). This salary compensates for the overall cost of living difference of 5.2%, the hardship difference of 30%, and the exchange rate.

SPPP Formula: Salary in Houston ($100,000) + Cost of Living Difference ($5,205.39) + Hardship ($30,000) = $
135,205.39 Salary in Algiers



Friday, July 9, 2010

Algeria, Algiers - Cost of Living 2010

The economy of Algeria is largely reliant on significant exports of petroleum and natural gas. The reserves are mostly in the Eastern Sahara; the Algerian government curbed the exports in the 1980s to slow depletion; exports increased again somewhat in the 1990s. Algeria trades most extensively with France and Italy, in terms of both imports and exports, but also trades with the United States and Spain.


Algiers is an important economic, commercial and financial center, with in particular a stock exchange with a capitalisation of 60 billion euros. The port of Algiers is also the most important of North Africa.
Algiers 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. Algiers is currently ranked 214 overall, most expensive place in the world for expatriates to live, out of 282 international locations


The cost of living overview for each of the 13 Basket Groups is as follows:
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Thursday, April 8, 2010

Algeria, Algiers Cost of Living April 2010


Country Climate: Arid to semiarid; mild, wet winters with hot, dry summers along coast; drier with cold winters and hot summers on high plateau; sirocco is a hot, dust/sand-laden wind especially common in summer.

Country Terrain: Mostly high plateau and desert; some mountains; narrow, discontinuous coastal plain.

Major Languages: Arabic, French, Berber.

Major Religions: Islam.

Country Population: 34.8 million (2008 est.) 35.3 million (2009 est.).

Country Economy: The economy of Algeria is largely reliant on significant exports of petroleum and natural gas. The reserves are mostly in the Eastern Sahara; the Algerian government curbed the exports in the 1980s to slow depletion; exports increased again somewhat in the 1990s. Algeria trades most extensively with France and Italy, in terms of both imports and exports, but also trades with the United States and Spain.

Currency: Algerian Dinar (DZD).

Country Inflation: 4.5% (2008 est.) 4.6% (2009 est.).

City: Algiers is the capital and largest city of Algeria, and the second largest city in the Maghreb (after Casablanca).

City Economy: Algiers is an important economic, commercial and financial center, with in particular a stock exchange with a capitalisation of 60 billion euros. The port of Algiers is also the most important of North Africa.



Cost of Living

Algiers 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. Algiers is currently ranked 192 overall, most expensive place in the world for expatriates to live, out of 282 international locations.



For more information : Algeria, Algiers

Thursday, June 18, 2009

Algeria Cost of Living


Algeria is found at the top of Africa bordering Morocco, Mali, Niger, Libya and Tunisia. It's capital and largest city is Algiers. Algiers is an important economic, commercial and financial point in Africa, and has a stock exchange which records on average an annual capitalisation of 60 billion euros.  The port of Algiers is also one of the most important of West Africa. There is structural reform within the economy, such as the development of the banking sector and the construction of infrastructure.

Algeria cost of living is ranked as a MIDDLE cost of living location and ranked 149 overall in June 2009, most expensive place in the world for expatriates to live, out of 276 international locations. The exact customised cost of living index for Algiers is based on the Basket Groups that you select in the Calculators.

In terms of the relative hardship people are likely to experience, assessed in global terms, Algiers is ranked as an EXTREME hardship location.