Pyongyang is the capital of North Korea. Pyongyang has been completely redesigned since the Korean War (1950–1953). It is designed with wide avenues, imposing monuments, and monolithic buildings. The city also has regular international train services to Beijing and Moscow. A journey to Beijing takes about 25 hours and 25 minutes; a journey to Moscow takes 6 days. The Democratic Republic of Korea is in Eastern Asia, in the northern half of the Korean Peninsula bordering the Korea Bay and the Sea of Japan, between China and South Korea. Temperate with rainfall concentrated in summer. Mostly hills and mountains separated by deep, narrow valleys; coastal plains wide in west, discontinuous in east. The official language is Korean. North and South Korea share the same language but there are differences in dialect. The main religions are Mainly atheist or non-religious, traditional beliefs. The economy of North Korea is an industrialised, highly centralized command economy. The role of market allocation is sharply limited - mainly in the rural sector where peasants sell produce from small private plots. There are almost no small businesses. The population in Pyongyang is 3.3 Mil (2014 est.), while the inflation rate is 55% (2014 est.).
Cost Of Living
The cost of living for expatriates in Pyongyang as at 1 July 2014 is high in comparison to other places in the world. In Pyongyang, 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: Very Low 3) Communication: Very Low 4) Education: Low 5) Furniture & Appliances: Very High 6) Groceries: Very High 7) Healthcare: High 8) Household Accommodation: Very Low 9) Miscellaneous: Very High 10) Personal Care: Very High 11) Recreation & Culture: Average 12) Restaurants Meals Out and Hotels: High 13) Transport: Very High Pyongyang is for example 71.3% more expensive than Montevideo for groceries, -38.7% cheaper for household costs than Durban, and 49.3% more expensive for transport costs than Athens. Pyongyang is ranked as a extreme 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 Pyongyang for an expat from Zurich is for example 30%, i.e. host location (Pyongyang) premium of 40% 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 Pyongyang? Register subscribe to your home location and Pyongyang and run your personalised reports.