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Liechtenstein, Vaduz

Overview

Liechtenstein, VaduzCountry 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 million (2008 est.) 0.036 million (2009 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 neighbors. 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).

Inflation: 0.7% (2011 est.).

City: Vaduz is the capital of the principality of Liechtenstein.

City Economy: Vaduz has a lively tourist industry, despite being one of the very few capital cities in the world without an airport or railway station.


Cost Of Living

The cost of living in Vaduz 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. Vaduz in Liechtenstein is currently ranked 12 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 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 237 places that are more expensive, and 712 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 53 places that are more expensive, and 896 places that are less expensive for clothing.

Communication costs are very 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 61 places that are more expensive, and 888 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 610 places that are more expensive, and 339 places that are less expensive for education.

Furniture & Appliance costs are very 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 86 places that are more expensive, and 863 places that are less expensive for furniture and appliances.

Grocery costs are very high 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 12 places that are more expensive, and 937 places that are less expensive for groceries.

Healthcare costs are very high 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 18 places that are more expensive, and 931 places that are less expensive for healthcare.

Household Accommodation costs are very high 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 60 places that are more expensive, and 889 places that are less expensive for household accommodation.

Miscellaneous costs are very high 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 35 places that are more expensive, and 914 places that are less expensive for miscellaneous items.

Personal Care costs are very high 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 34 places that are more expensive, and 915 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 film, cinema tickets, DVDs and CDs, sports goods, and theatre tickets. There are 32 places that are more expensive, and 917 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 restaurant (non fast food), hotel rates, take away drinks and snacks (fast food). There are 19 places that are more expensive, and 930 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 9 places that are more expensive, and 940 places that are less expensive for transport.

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

Personalized hardship index premiums for Vaduz in Liechtenstein 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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