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Myanmar, Yangon

Myanmar, YangonCity Description: Yangon is also known as Rangoon and is a former capital of Burma and the capital of Yangon Division.

Economy: Yangon is the country's main centre for trade, industry, real estate, media, entertainment and tourism. The city is Lower Myanmar’s main trading hub for all kinds of merchandise – from basic food stuffs to used cars although commerce continues to be hampered by the city's severely underdeveloped banking industry and communication infrastructure.

Major Languages: Burmese, indigenous ethnic languages.

Major Religions: Buddhism, Christianity, Islam.

Population: 4.3 Mil (2013 est.).

Currency: Myanmar Kyat (MMK)

Inflation: 2.85% (2013 est.).

Cost Of Living

The cost of living for expatriates in Yangon is average in comparison to other places in the world.

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

Yangon 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 information on this page is updated quarterly using data collected over the previous 12 months. Premium data such as the cost of living indexes for all 13 baskets for each location, hardship premiums and salary comparisons are only available to registered users using the Mobility Calculators.

Published by Xpatulator.com on 1 April 2014.

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