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International Cost of Living Calculator

Is your international salary offer higher or lower than what you earn now? Are you considering retiring abroad? Do you want to compare the cost of living between locations?


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Are you responsible for global mobility or management of international assignments? Do you need to calculate an expatriate salary, cost of living index or allowance?

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Gibraltar, Gibraltar
Overview

Gibraltar, GibraltarOfficial 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.

Climate: Mediterranean with mild winters and warm summers.

Terrain: A narrow coastal lowland borders the Rock of Gibraltar.

Major Languages: English, Spanish.

Major Religions: Christianity.

Population: 0.03 Mil (2013 est.).

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)

Inflation: 1.1% (2013 est.).



City Description: 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 for expatriates in Gibraltar is very high in comparison to other places in the world.


In Gibraltar, the cost of each basket, based on each baskets cost of living index (only available to subscribers), is categorized follows:
1) Alcohol (where available) & Tobacco: Average
2) Clothing: Very High
3) Communication: Very High
4) Education: Low
5) Furniture & Appliances: Average
6) Groceries: Very High
7) Healthcare: Low
8) Household Accommodation: Very High
9) Miscellaneous: High
10) Personal Care: Average
11) Recreation & Culture: Very High
12) Restaurants Meals Out and Hotels: Very High
13) Transport: High

Gibraltar is ranked as a some 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.

Reference
The information on this page is updated quarterly using data collected over the previous 12 months. Premium data such as the cost of living indexes for all 13 baskets for each location, hardship premiums and salary comparisons are only available to registered users using the Mobility Calculators.

Published by Xpatulator.com on 1 July 2014.

Want to know more about the cost of living in Gibraltar? Calculate how much you need to earn in Gibraltar to have the same spending power that you have now. To get started, Register, subscribe to the locations you are interested in (7 days or 1 year), and run any of the following calculators, as many times as you like, for the duration of your subscription:

Salary Purchasing Power Parity Calculator: For the calculation of salaries with equivalent purchasing power for similar positions based in different geographic locations.

Cost of Living Allowance Calculator: For calculating cost of living allowances for short-term assignments.

Cost of living Index Calculator: For the calculation of multiple host location cost of living indexes using your selected home base.

International Assignment Management Calculator: For the calculation of an expatriate assignment package using the build-up approach.


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