In our series of short blogs on moving between different international locations, we highlight cost of living and other major differences likely to be experienced.
Today we look at moving to La Paz in Bolivia from Baku in Azerbaijan.
In Baku people speak Azeri and Russian. In La Paz people speak Spanish, Quechua, Aymara and Guarani.
Baku is the capital, the largest city, and the largest port of Azerbaijan and all the Caucasus.
La Paz is the administrative capital of Bolivia.
The basis of Baku's economy is petroleum. The existence of petroleum has been known since the 8th century. The World War II Battle of Stalingrad was fought to determine who would have control of the Baku oil fields. Fifty years before the battle, Baku produced half of the world's oil supply. Currently the oil economy of Baku is undergoing a resurgence.
The economy of La Paz has improved greatly in recent years. Due to the long period of high inflation and economic struggle faced by Bolivians in the 1980s and early 1990s, a large Informal Economy developed. The overall cost of living rank in Baku is 82 out of 300 global locations, which equates it with high cost of living locations.
An expatriate moving from Baku to La Paz which has an overall cost of living rank of 294, which equates it with low cost of living locations, will experience a change in cost of living of -38.6%.
In terms of the hardship people are likely to experience, assessed in global terms, La Paz is ranked as an extreme hardship location with a hardship index of 40% compared to Baku with a hardship index of 40% which is an extreme hardship location.
Source: http://www.xpatulator.com as at July 2011.
Embark on a journey with Xpatulator, your guide to mastering global living standards. Explore the intricacies of relocating with our insights on cost of living, quality of life, and the unique challenges faced when moving across borders. Our calculators offer essential data for over 780 destinations worldwide, helping you navigate cost-of-living comparisons, purchasing power parity, and tailor international packages. Perfect for those seeking to balance lifestyle and expenses in new locations.
Showing posts with label Bolivia cost of living. Show all posts
Showing posts with label Bolivia cost of living. Show all posts
Friday, July 15, 2011
Friday, July 16, 2010
Bolivia, La Paz - Cost of Living
The economy of Bolivia is characterised by the lowest GDP per capita in South America. However, the country is rich in natural resources and has the second largest natural gas reserves in South America. Bolivia is also estimated to have 50%-70% of the worlds lithium.
La Paz is the administrative capital of Bolivia. The economy of La Paz has improved greatly in recent years. Due to the long period of high inflation and economic struggle faced by Bolivians in the 1980s and early 1990s, a large Informal Economy developed.
La Paz 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.
The latest cost of living rank for each of the 13 Basket Groups is now available.
Read More
La Paz is the administrative capital of Bolivia. The economy of La Paz has improved greatly in recent years. Due to the long period of high inflation and economic struggle faced by Bolivians in the 1980s and early 1990s, a large Informal Economy developed.
La Paz 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.
The latest cost of living rank for each of the 13 Basket Groups is now available.
Read More
Tuesday, April 27, 2010
Bolivia, La Paz Cost of Living April 2010
Country Full Name: Republic of Bolivia.
Location: Bolivia is in Central South America, southwest of Brazil.
Country Climate: Varies with altitude; humid and tropical to cold and semiarid.
Country Terrain: Rugged Andes Mountains with a highland plateau (Altiplano), hills, lowland plains of the Amazon Basin.
Major Languages: Spanish, Quechua, Aymara, Guarani.
Major Religions: Christianity.
Country Population: 10.0 million (2008 est.) 10.2 million (2009 est.).
Country Economy: The economy of Bolivia is characterised by the lowest GDP per capita in South America. However, the country is rich in natural resources and has the second largest natural gas reserves in South America. Bolivia is also estimated to have 50%-70% of the worlds lithium.
Currency: Bolivian Boliviano (BOB).
Country Inflation: 14.0% (2008 est.) 4.3% (2009 est.).
City: La Paz is the administrative capital of Bolivia.
City Economy: The economy of La Paz has improved greatly in recent years. Due to the long period of high inflation and economic struggle faced by Bolivians in the 1980s and early 1990s, a large Informal Economy developed.
Cost of Living: La Paz 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. La Paz is currently ranked 270 overall, most expensive place in the world for expatriates to live, out of 282 international locations.
For more cost of living information on Bolivia, La Paz
Location: Bolivia is in Central South America, southwest of Brazil.
Country Climate: Varies with altitude; humid and tropical to cold and semiarid.
Country Terrain: Rugged Andes Mountains with a highland plateau (Altiplano), hills, lowland plains of the Amazon Basin.
Major Languages: Spanish, Quechua, Aymara, Guarani.
Major Religions: Christianity.
Country Population: 10.0 million (2008 est.) 10.2 million (2009 est.).
Country Economy: The economy of Bolivia is characterised by the lowest GDP per capita in South America. However, the country is rich in natural resources and has the second largest natural gas reserves in South America. Bolivia is also estimated to have 50%-70% of the worlds lithium.
Currency: Bolivian Boliviano (BOB).
Country Inflation: 14.0% (2008 est.) 4.3% (2009 est.).
City: La Paz is the administrative capital of Bolivia.
City Economy: The economy of La Paz has improved greatly in recent years. Due to the long period of high inflation and economic struggle faced by Bolivians in the 1980s and early 1990s, a large Informal Economy developed.
Cost of Living: La Paz 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. La Paz is currently ranked 270 overall, most expensive place in the world for expatriates to live, out of 282 international locations.
For more cost of living information on Bolivia, La Paz
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