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Gibraltar, Gibraltar
Overview
Country Full Name: Gibraltar. Status: Self-governing part of United Kingdom, claimed by Spain.Location: Gibraltar (Overseas Territory of the UK) is in South Western Europe, bordering the Strait of Gibraltar, which links the Mediterranean Sea and the North Atlantic Ocean, on the southern coast of Spain.Country Climate: Mediterranean with mild winters and warm summers.Country Terrain: A narrow coastal lowland borders the Rock of Gibraltar.Major Languages: English, Spanish.Major Religions: Christianity.Population: 0.03 Mil (2012 est.).Country Economy: The economy of Gibraltar is managed and controlled by the Government of Gibraltar. Whilst being part of the European Union, the British overseas territory of Gibraltar has a separate legal jurisdiction from the United Kingdom and enjoys a different tax system. Gibraltar has historically been an important base for the British Armed Forces and is the site of a Royal Navy base.Currency: Gibraltar Pound (GIP). Make an international currency transfer to Gibraltar .Inflation: 3.8% (2011 est.). Gibraltar is a self-governing British overseas territory. The role of the UK Ministry of Defence, which at one time was Gibraltar's main source of income, has declined, with today's economy mainly based on shipping, tourism, financial services, and the Internet.
Cost Of Living
The cost of living in Gibraltar in Gibraltar is in the middle compared to other places. The overall cost of living is determined using the prices for defined quantities of the same goods and services across 13 Basket Groups. Gibraltar in Gibraltar is currently ranked 380 overall out of 780 places (rank 1 is most expensive: rank 780 is least expensive). The cost of living rank for each of the 13 Basket Groups is as follows: Alcohol & Tobacco costs are average compared to other places for items such as alcohol at a bar, beer, locally produced spirit, whiskey, wine (where alcohol is legally sold) and tobacco related products. There are 347 places that are more expensive, and 432 places that are less expensive for alcohol and or tobacco.Clothing costs are very high compared to other places for items such as business suits, casual clothing, children's clothing, coats, evening wear, footwear, hats, shoe repairs and underwear. There are 129 places that are more expensive, and 650 places that are less expensive for clothing.Communication costs are very high compared to other places for various communication costs such as call charges, home telephone rental, internet connection, mobile data costs, mobile phone contract and service provider fees. There are 125 places that are more expensive, and 654 places that are less expensive for communication.Education costs are very low compared to other places for items such as creche / pre-school fees, primary school fees, high school fees and tertiary study fees. There are 664 places that are more expensive, and 115 places that are less expensive for education.Furniture & Appliance costs are average compared to other places for items such as DVD player, fridge freezer, furniture, household equipment, iron, kettle, light bulbs, microwave, television, toaster, vacuum cleaner and washing machine. There are 425 places that are more expensive, and 354 places that are less expensive for furniture and appliances.Grocery costs are average compared to other places for items such as baby consumables, baked goods, baking, canned foods, cheese, cleaning materials, cleaning products, dairy, fresh fruits, fresh vegetables, fruit juices, meat, oil & vinegars, pet food, pre-prepared meals, sauces, seafood, snacks, soft drinks, spices & herbs. There are 338 places that are more expensive, and 441 places that are less expensive for groceries.Healthcare costs are low compared to other places for general healthcare, general practitioner consultation rates, healthcare/medical insurance, hospital private ward daily rate and non-prescription medicine. There are 506 places that are more expensive, and 273 places that are less expensive for healthcare.Household Accommodation costs are average compared to other places for items such as accommodation, apartment, flat, house, villa, rent, electricity, household fuels, household gas, water, and local property rates / residential taxes / levies. There are 356 places that are more expensive, and 423 places that are less expensive for household accommodation.Miscellaneous costs are high compared to other places for items such as dry cleaning, general goods, general services, linen, magazines, maid, newspapers, office supplies, postage stamps and stationery. There are 306 places that are more expensive, and 473 places that are less expensive for miscellaneous items.Personal Care costs are low compared to other places for items such as cosmetics, hair care, moisturizer, nappies, pain relief tablets, shampoo, soap, sun block, toilet paper and toothpaste. There are 490 places that are more expensive, and 289 places that are less expensive for personal care.Recreation and Culture costs are high compared to other places for items such as books, camera, cinema tickets, fitness/health club membership, sports goods and theatre tickets. There are 221 places that are more expensive, and 558 places that are less expensive for recreation and culture.Restaurants, Meals Out and Hotel costs are high compared to other places for items such as a business dinner, dinner at a family restaurant (non fast food), 4 star and 5 star hotel rates and take away meal (fast food). There are 176 places that are more expensive, and 603 places that are less expensive for restaurants, meals out and hotels.Transport costs are low compared to other places for items such as car hire purchase, car insurance, car lease, car maintenance, car rental, car service, diesel, petrol, tyres and public transport. There are 573 places that are more expensive, and 206 places that are less expensive for transport. Personalized cost of living indexes for Gibraltar in Gibraltar are based on the basket groups and comparison location(s) selected in the Calculators. In terms of the hardship people are likely to experience, assessed in global terms, Gibraltar in Gibraltar is ranked as some hardship with a hardship index of 20%. Personalized hardship index premiums for Gibraltar in Gibraltar are based on the comparison location(s) selected in the Calculators. Note: Xpatulator.com data is updated quarterly. The latest update is as at 1 April 2012. Create a personalized cost of living comparison report using the calculators:Salary Purchasing Power Parity Calculator Cost of Living Index Calculator Cost of Living Allowance Calculator