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International Cost of Living Calculator

We provide international cost of living and hardship data so that you can create reports online (24X7) using any of the calculators:


Expat Salary: Salary purchasing power parity calculator, for simple cost of living comparison and international salary calculation (e.g. to compare a salary offer).


Cost of Living Comparison: Cost of living allowance calculator, compares cost of living and hardship and calculates a cost of living allowance based on the difference.


International Cost of Living Index: Cost of living index calculator, compares multiple locations to a home base (e.g. international offices compared to HQ).


International Assignment: International assignment management calculator, for global mobility managers who use the build-up approach for detailed international assignment salary and allowance calculations.

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Mobility Calculators

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The global cost of living calculators have been created to compare the cost of living in every country and major city in the world, to help you manage short and long term assignments (page down for a description of each cost of living calculator):

Cost of Living Allowance
Cost of Living Index
International Assignment Management
Salary Purchasing Power Parity
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Cost of Living Comparison by City and Country


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Honduras, Tegucigalpa
Overview

Honduras, TegucigalpaTegucigalpa is the capital city of Honduras and is also the country's largest city. Tegucigalpa's major economic sources are commerce, construction, services, textiles, sugar, and tobacco.

Honduras is in Central America, bordering the Caribbean Sea, between Guatemala and Nicaragua and bordering the Gulf of Fonseca (North Pacific Ocean), between El Salvador and Nicaragua. The climate is subtropical in the lowlands and temperate in the mountains.

The official language is Spanish. English is spoken by many officials and businesspeople. English is also widely spoken on the Bay Islands and the Caribbean coast, albeit with some local peculiarities and a heavy accent. The main religion is Christianity.

The economy of Honduras is mainly based on agriculture. Honduras has extensive forest, marine, and mineral resources but the lack of arable land, and a small domestic market continue to impede economic progress in Honduras. Unemployment is estimated at above 25%.

Trust and reliability are highly valued in Honduras. Developing personal relationships is very important in business, you should never publicly criticize or embarrass your business counterpart. Expatriate business dress is generally conservative but relatively casual.

The security risk for expatriates in Honduras is high. Risks include opportunistic and violent crime, kidnapping (including expatriates), and murder (one of the highest murder rates in the world).

The currency of Honduras is the Honduran Lempira (HNL). Credit cards are widely accepted. ATMs are available in the major towns but do not accept all cards.

Medical facilities are poor. Private clinics are better but may require immediate payment. Serious or complex medical treatment requires evacuation which can be expensive. Cases of Zika virus and Chikungunya virus have been reported. Dengue fever is present. Malaria is common.

The population of Tegucigalpa is 1.3 Million (2016 est.), while the inflation rate is 2.36% (2016 est.).


Cost Of Living

The cost of living for expatriates / professional migrants in Tegucigalpa as at 1 July 2016 is average in comparison to other places in the world.

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

Tegucigalpa is for example 10.7% more expensive than Hyderabad for groceries, 4.8% more expensive for household costs than Jaipur, and 5.3% more expensive for transport costs than Kanpur.

Tegucigalpa is ranked as a extreme hardship location.

The hardship premium for Tegucigalpa for an expat from Tehran, is for example 0%, i.e. host location (Tegucigalpa) premium of 40% minus home (Tehran) location premium of 40%.

Want to know more about cost of living, hardship (quality of living) or expat salary in Tegucigalpa? Register subscribe to your home location and Tegucigalpa and run your personalised reports.

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