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

Wednesday, August 17, 2011

Moving to Pyongyang

Today we look at moving to Pyongyang in Korea Democratic Republic of from Rome in Italy. 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 Pyongyang people speak Korean. In Rome people speak Italian.

Pyongyang is the capital of North Korea. Rome is the largest city and capital of Italy.
Pyongyang has been completely redesigned since the Korean War (1950–1953). It is designed with wide avenues, imposing monuments, and monolithic buildings. The city also has regular international train services to Beijing and Moscow. A journey to Beijing takes about 25 hours and 25 minutes; a journey to Moscow takes 6 days. The economy of Rome is characterized by the absence of heavy industry and is largely dominated by services, high-technology companies (IT, aerospace, defense, telecommunications), research, construction and commercial activities (especially banking), and the huge development of tourism are very dynamic and extremely important to its economy.

The overall cost of living rank in Pyongyang is 276 out of 300 global locations, which equates it with low cost of living locations.  An expatriate moving from Rome to Pyongyang will experience a change in cost of living of -37.4%.
In terms of the hardship people are likely to experience, assessed in global terms, Pyongyang is ranked as an extreme hardship location with a hardship index of 40% compared to Rome with a hardship index of 10% which is a minimal hardship location.

Source: http://www.xpatulator.com as at July 2011.

Tuesday, June 15, 2010

Korea Democratic Republic of, Pyongyang Cost of Living April 2010

Country Full Name: The Democratic People's Republic of Korea.

Location: The Democratic Republic of Korea is in Eastern Asia, in the northern half of the Korean Peninsula bordering the Korea Bay and the Sea of Japan, between China and South Korea.

Country Climate: Temperate with rainfall concentrated in summer.

Country Terrain: Mostly hills and mountains separated by deep, narrow valleys; coastal plains wide in west, discontinuous in east.

Major Languages: Korean.

Major Religions: Mainly atheist or non-religious, traditional beliefs.

Country Population: 23.8 million (2008 est.) 23.9 million (2009 est.).

Country Economy: The economy of North Korea is an industrialised, highly centralized command economy. The role of market allocation is sharply limited - mainly in the rural sector where peasants sell produce from small private plots. There are almost no small businesses.

Currency: North Korean Won (KPW).

Country Inflation: N/A.

City: Pyongyang is the capital of North Korea.

City Economy: Pyongyang has been completely redesigned since the Korean War (1950?1953). It is designed with wide avenues, imposing monuments, and monolithic buildings. The city also has regular international train services to Beijing and Moscow. A journey to Beijing takes about 25 hours and 25 minutes; a journey to Moscow takes 6 days.
Cost of Living: Pyongyang 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. Pyongyang is currently ranked 187 overall, most expensive place in the world for expatriates to live, out of 282 international locations.

For more cost of living information on Korea Democratic Republic of, Pyongyang