Perth is the capital and largest city of the Australian state of Western Australia. Perth ranks fourth amongst the nation's cities, with a growth rate consistently above the national average. Perth dominates the Western Australian economy by virtue of its population and role as the administrative centre for business and government, despite the major mining, petroleum and agricultural export industries located elsewhere in the state. Perth’s function as the State’s capital city, its economic base and population size have also created development opportunities for many other businesses oriented to local or more diversified markets. Australia is in Oceania, a continent between the Indian Ocean and the South Pacific Ocean. Generally arid to semiarid; temperate in south and east; tropical in north. Mostly low plateau with deserts; fertile plain in southeast. The official language is English. The main religion is Christianity. The economy of Australia is a prosperous, free market economy dominated by its services sector, representing 68% of Australian GDP. The agricultural and mining sectors (10% of GDP combined) account for 57% of the nation's exports. The population in Perth is 1.7 Mil (2014 est.), while the inflation rate is 2.9% (2014 est.).
Cost Of Living
The cost of living for expatriates in Perth as at 1 October 2014 is very high in comparison to other places in the world. In Perth, the cost of each basket, based on local prices, compared to the international average in USD, is categorized follows: 1) Alcohol (where available) & Tobacco: Very High 2) Clothing: Very High 3) Communication: Very High 4) Education: Very High 5) Furniture & Appliances: High 6) Groceries: Very High 7) Healthcare: Very High 8) Household Accommodation: Very High 9) Miscellaneous: Very High 10) Personal Care: Very High 11) Recreation & Culture: Very High 12) Restaurants Meals Out and Hotels: Very High 13) Transport: Very High Perth is for example 38.2% more expensive than Montevideo for groceries, 46.8% more expensive for household costs than Durban, and 44.1% more expensive for transport costs than Athens. Perth is ranked as a minimal hardship location. Hardship (also know as quality of living) refers to the degree of hardship an expatriate and their family are likely to experience in the host location. Hardship pay is compensation to encourage people to move, in particular to less desirable locations. In determining the amount of hardship premium payable, factors such as economic, political, religious, infrastructure, environment/climate, personal safety, health, education, and transportation factors are considered. The hardship premium for Perth for an expat from Zurich is for example 0%, i.e. host location (Perth) premium of 10% minus home (Zurich) location premium of 10%. Xpatulator.com has been created to assist subscribers calculate expatriate pay using the online calculators and extensive database of cost of living and hardship indexes, for 780 international locations. Want to know more about cost of living, hardship or expat pay in Perth? Register subscribe to your home location and Perth and run your personalised reports.