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Liechtenstein, All Areas

Overview

Liechtenstein, All AreasCountry Full Name: Principality of Liechtenstein.

Location: Liechtenstein is in Central Europe, between Austria and Switzerland.

Country Climate: Continental; cold, cloudy winters with frequent snow or rain; cool to moderately warm, cloudy, humid summers.

Country Terrain: Mostly mountainous (Alps) with Rhine Valley in western third.

Major Languages: German.

Major Religions: Christianity.

Population: 0.036 Mil (2012 est.).

Country Economy: The economy of Liechtenstein is a prosperous, highly industrialized, free-enterprise economy with a vital financial service sector and living standards on a par with the urban areas of its large European neighbours. Low business taxes - the maximum tax rate is 18% - and easy incorporation rules have induced about 73,700 holding or so-called letter box companies to establish nominal offices in Liechtenstein, providing 30% of state revenues.

Currency: Swiss Franc (CHF). Make an international currency transfer to Liechtenstein.

Inflation: 0.7% (2011 est.).


Cost Of Living

The cost of living in All Areas in Liechtenstein is very high 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. All Areas in Liechtenstein is currently ranked 30 overall out of 780 places (rank 1 is most expensive: rank 780 is least expensive). The cost of living rank for each of the 13 Basket Groups is as follows:

Alcohol & Tobacco costs are average compared to other places for items such as alcohol at a bar, beer, locally produced spirit, whiskey, wine (where alcohol is legally sold) and tobacco related products. There are 316 places that are more expensive, and 463 places that are less expensive for alcohol and or tobacco.

Clothing costs are very high compared to other places for items such as business suits, casual clothing, children's clothing, coats, evening wear, footwear, hats, shoe repairs and underwear. There are 51 places that are more expensive, and 728 places that are less expensive for clothing.

Communication costs are very high compared to other places for various communication costs such as call charges, home telephone rental, internet connection, mobile data costs, mobile phone contract and service provider fees. There are 72 places that are more expensive, and 707 places that are less expensive for communication.

Education costs are low compared to other places for items such as creche / pre-school fees, primary school fees, high school fees and tertiary study fees. There are 484 places that are more expensive, and 295 places that are less expensive for education.

Furniture & Appliance costs are very high compared to other places for items such as DVD player, fridge freezer, furniture, household equipment, iron, kettle, light bulbs, microwave, television, toaster, vacuum cleaner and washing machine. There are 118 places that are more expensive, and 661 places that are less expensive for furniture and appliances.

Grocery costs are very high compared to other places for items such as baby consumables, baked goods, baking, canned foods, cheese, cleaning materials, 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 35 places that are more expensive, and 744 places that are less expensive for groceries.

Healthcare costs are very high compared to other places for general healthcare, general practitioner consultation rates, healthcare/medical insurance, hospital private ward daily rate and non-prescription medicine. There are 36 places that are more expensive, and 743 places that are less expensive for healthcare.

Household Accommodation costs are very high compared to other places for items such as accommodation, apartment, flat, house, villa, rent, electricity, household fuels, household gas, water, and local property rates / residential taxes / levies. There are 62 places that are more expensive, and 717 places that are less expensive for household accommodation.

Miscellaneous costs are very high compared to other places for items such as dry cleaning, general goods, general services, linen, magazines, maid, newspapers, office supplies, postage stamps and stationery. There are 45 places that are more expensive, and 734 places that are less expensive for miscellaneous items.

Personal Care costs are very high compared to other places for items such as cosmetics, hair care, moisturizer, nappies, pain relief tablets, shampoo, soap, sun block, toilet paper and toothpaste. There are 46 places that are more expensive, and 733 places that are less expensive for personal care.

Recreation and Culture costs are very high compared to other places for items such as books, camera, cinema tickets, fitness/health club membership, sports goods and theatre tickets. There are 51 places that are more expensive, and 728 places that are less expensive for recreation and culture.

Restaurants, Meals Out and Hotel costs are very high compared to other places for items such as a business dinner, dinner at a family restaurant (non fast food), 4 star and 5 star hotel rates and take away meal (fast food). There are 33 places that are more expensive, and 746 places that are less expensive for restaurants, meals out and hotels.

Transport costs are very high compared to other places for items such as car hire purchase, car insurance, car lease, car maintenance, car rental, car service, diesel, petrol, tyres and public transport. There are 19 places that are more expensive, and 760 places that are less expensive for transport.

Personalized cost of living indexes for All Areas in Liechtenstein 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, All Areas in Liechtenstein is ranked as some hardship with a hardship index of 20%.

Personalized hardship index premiums for All Areas in Liechtenstein are based on the comparison location(s) selected in the Calculators.

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