Guyana, Georgetown

Country Full Name: Co-operative Republic of Guyana.

Location: Guyana is in Northern South America, bordering the North Atlantic Ocean, between Suriname and Venezuela.

Country Climate: Tropical; hot, humid, moderated by northeast trade winds; two rainy seasons (May to August, November to January).

Country Terrain: Mostly rolling highlands; low coastal plain; savanna in south.

Major Languages: English, indigenous languages, Creole, Hindi, Urdu.

Major Religions: Christianity, Hinduism, Islam.

Population: 0.765 million (2008 est.) 0.767 million (2009 est.).

Country Economy: The economy of Guyana is mainly based on agriculture (production of rice and Demerara sugar), bauxite mining, gold mining, timber, shrimp fishing and minerals. Guyana is one of the poorest countries in the Western Hemisphere. Chronic problems include a shortage of skilled labour and a deficient infrastructure.

Currency: Guyanese Dollar (GYD).

Inflation: 5.5% (2011 est.).

City: Georgetown is the capital and largest city of Guyana.

City Economy: Georgetown is Guyana's largest city and it contains a large portion of the major businesses.

The cost of living in Georgetown in Guyana 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. Georgetown in Guyana is currently ranked 392 overall out of 950 places (rank 1 is most expensive: rank 950 is least expensive). The cost of living rank for each of the 13 Basket Groups is as follows:

Alcohol & Tobacco costs are very high compared to other places for items such as alcoholic beverages, alcohol at a bar, beer, locally produced spirit, whiskey, and wine (where alcohol is legally sold) as well as for tobacco products such as cigarettes. There are 42 places that are more expensive, and 907 places that are less expensive for alcohol and or tobacco.

Clothing costs are very high compared to other places for items such as clothing and footwear products, business suits, casual clothing, childrens clothing and footwear, coats and hats, evening wear, shoe repairs, and underwear. There are 127 places that are more expensive, and 822 places that are less expensive for clothing.

Communication costs are high compared to other places for various communication costs such as home telephone rental and call charges, internet connection and service provider fees, mobile / cellular phone contract, data, and calls. There are 206 places that are more expensive, and 743 places that are less expensive for communication.

Education costs are low compared to other places for items such as creche / pre-school fees, high school / college fees, primary school fees, and tertiary study fees. There are 591 places that are more expensive, and 358 places that are less expensive for education.

Furniture & Appliance costs are high compared to other places for items such as furniture, household equipment and appliances, DVD player, fridge freezer, iron, kettle, toaster, microwave, light bulbs, television, vacuum cleaner, and washing machine. There are 376 places that are more expensive, and 573 places that are less expensive for furniture and appliances.

Grocery costs are low compared to other places for items such as food, non-alcoholic beverages and cleaning material items such as baby consumables, baked goods, baking, canned foods, cheese, 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 697 places that are more expensive, and 252 places that are less expensive for groceries.

Healthcare costs are very low compared to other places for general healthcare, medical and medical insurance, general practitioner consultation rates, hospital private ward daily rate, non-prescription medicine, and private medical insurance / medical aid contributions. There are 854 places that are more expensive, and 95 places that are less expensive for healthcare.

Household Accommodation costs are average compared to other places for items such as housing, water, electricity, household gas, household fuels, local rates and residential taxes, mortgage, house / flat rental, household electricity consumption, household gas / fuel consumption, household water consumption, and local property rates / taxes / levies. There are 491 places that are more expensive, and 458 places that are less expensive for household accommodation.

Miscellaneous costs are very low compared to other places for items such as stationery, linen, general goods and services, domestic help, dry cleaning, linen, office supplies, newspapers and magazines, and postage stamps. There are 822 places that are more expensive, and 127 places that are less expensive for miscellaneous items.

Personal Care costs are very low compared to other places for items such as personal care products and services, cosmetics, hair care, moisturizer / sun block, nappies, pain relief tablets, toilet paper, toothpaste, and soap / shampoo / conditioner. There are 906 places that are more expensive, and 43 places that are less expensive for personal care.

Recreation and Culture costs are high compared to other places for items such as books, camera film, cinema tickets, DVDs and CDs, sports goods, and theatre tickets. There are 310 places that are more expensive, and 639 places that are less expensive for recreation and culture.

Restaurants, Meals Out and Hotel costs are very low compared to other places for items such as a business dinner, dinner at a restaurant (non fast food), hotel rates, take away drinks and snacks (fast food). There are 777 places that are more expensive, and 172 places that are less expensive for restaurants, meals out and hotels.

Transport costs are very high compared to other places for items such as public transport, vehicle costs, vehicle fuel, vehicle insurance and vehicle maintenance, hire purchase / lease of vehicle, petrol / diesel, public transport service maintenance, tires, vehicle Insurance, and vehicle purchase. There are 145 places that are more expensive, and 804 places that are less expensive for transport.

Personalized cost of living indexes for Georgetown in Guyana 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, Georgetown in Guyana is ranked as high degree of hardship with a hardship index of 30%.

Personalized hardship index premiums for Georgetown in Guyana are based on the comparison location(s) selected in the Calculators.

Note: Xpatulator.com data is updated quarterly. The latest update is at at 1 January 2012. Create a personalized cost of living comparison report using the calculators:
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