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Macedonia, Skopje

Overview

Macedonia, SkopjeCountry Full Name: Republic of Macedonia (listed by the UN as The former Yugoslav Republic of Macedonia).

Location: Macedonia is in South Eastern Europe, north of Greece.

Country Climate: Warm, dry summers and autumns; relatively cold winters with heavy snowfall.

Country Terrain: Mountainous territory covered with deep basins and valleys; three large lakes, each divided by a frontier line; country bisected by the Vardar River.

Major Languages: Macedonian, Albanian.

Major Religions: Christianity, Islam.

Population: 0.668 Mil (2012 est.).

Country Economy: The economy of Macedonia has undergone considerable economic reform since independence. The country has developed an open economy with trade accounting for more than 90% of GDP in recent years.

Currency: Macedonian Denar (MKD).

Inflation: 2.8% (2011 est.).

Skopje is the capital and largest city of the Republic of Macedonia.

Skopje is a modern city and a centre for metal-processing, chemical, timber, textile, leather, and printing industries. Industrial development of the city has been accompanied by development of the trade, logistics, and banking sectors, as well as an emphasis on the fields of culture and sport.


Cost Of Living

The cost of living in Skopje in Macedonia is low 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. Skopje in Macedonia is currently ranked 553 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 high 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 283 places that are more expensive, and 496 places that are less expensive for alcohol and or tobacco.

Clothing costs are low 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 528 places that are more expensive, and 251 places that are less expensive for clothing.

Communication costs are average 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 454 places that are more expensive, and 325 places that are less expensive for communication.

Education costs are very 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 639 places that are more expensive, and 140 places that are less expensive for education.

Furniture & Appliance costs are low 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 508 places that are more expensive, and 271 places that are less expensive for furniture and appliances.

Grocery costs are very low 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 731 places that are more expensive, and 48 places that are less expensive for groceries.

Healthcare costs are very low 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 650 places that are more expensive, and 129 places that are less expensive for healthcare.

Household Accommodation costs are average 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 353 places that are more expensive, and 426 places that are less expensive for household accommodation.

Miscellaneous costs are very low 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 700 places that are more expensive, and 79 places that are less expensive for miscellaneous items.

Personal Care costs are low 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 606 places that are more expensive, and 173 places that are less expensive for personal care.

Recreation and Culture costs are very low compared to other places for items such as books, camera, cinema tickets, fitness/health club membership, sports goods and theatre tickets. There are 728 places that are more expensive, and 51 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 family restaurant (non fast food), 4 star and 5 star hotel rates and take away meal (fast food). There are 756 places that are more expensive, and 23 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 138 places that are more expensive, and 641 places that are less expensive for transport.

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

Personalized hardship index premiums for Skopje in Macedonia 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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