St. George's is the capital of Grenada, British West Indies. The city is a popular Caribbean tourist destination that attracts thousands of tourists and cruise ships. The main exports are cacao, nutmeg, and mace. Grenada is an island between the Caribbean Sea and Atlantic Ocean, north of Trinidad and Tobago. Tropical; tempered by northeast trade winds. Volcanic in origin with central mountains. The official language is English. French Patois is also widely spoken. The main religion is Christianity. The economy of Grenada is a largely tourism-based, small, open economy. Over the past two decades, the economy has shifted from one of agriculture-dominant into that of services-dominant, with tourism serving as the leading foreign currency earning sector. The country's principal export crops are the spices nutmeg and mace (Grenada is the world’s second largest producer of nutmeg after Indonesia). Other crops for export include cocoa, citrus fruits, bananas, cloves, and cinnamon. The population in Saint George's is 0.089 Mil (2014 est.), while the inflation rate is 3.2% (2014 est.).
Cost Of Living
The cost of living for expatriates in Saint George's as at 1 October 2014 is very high in comparison to other places in the world. In Saint George's, 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: Average 3) Communication: High 4) Education: Average 5) Furniture & Appliances: Very High 6) Groceries: Very High 7) Healthcare: High 8) Household Accommodation: Very High 9) Miscellaneous: High 10) Personal Care: High 11) Recreation & Culture: High 12) Restaurants Meals Out and Hotels: High 13) Transport: High Saint George's is for example 47.7% more expensive than Montevideo for groceries, 30.4% more expensive for household costs than Durban, and 19.5% more expensive for transport costs than Athens. Saint George's 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 Saint George's for an expat from Zurich is for example 0%, i.e. host location (Saint George's) 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 Saint George's? Register subscribe to your home location and Saint George's and run your personalised reports.