Nauru, All Areas

Country Full Name: Republic of Nauru.

Country Location: Nauru is an island in the South Pacific Ocean, south of the Marshall Islands.

Country Climate: Tropical with a monsoonal pattern; rainy season (November to February).

Country Terrain: Sandy beach rises to fertile ring around raised coral reefs with phosphate plateau in centre.

Country Major Languages: Nauruan, English.

Country Major Religions: Christianity.

Location Population: 0.0093 Mil (2012 est.).

Country Economy: Nauru is the world's smallest island nation and joined the UN in 1999 as the world's smallest independent republic. Revenues of Nauru have traditionally come from exports of phosphate rock. Primary phosphate reserves were exhausted, and mining ceased, but in 2006-07, mining of a deeper layer of secondary phosphate began. It is hoped that this economic activity might lift Nauru from the bottom rung of global GDP per capita. The only other major source of government revenue is sale of fishing rights in Nauru's territorial waters.

Country Currency: Australian Dollar (AUD).

Country Inflation: 2% (2012 est.).

The cost of living in Nauru is high compared to other places. This is based on a comparison of locally collected prices for defined quantities of the same goods and services, converted to USD. Sources include local service providers in each location, international service providers, official governmental statistics and global agency data. The data is quality assured and manually checked by Xpatulator Analysts. The prices of similar related items have been grouped together into 13 basket groups and the cost of living index calculated for each basket in each location. The 13 basket groups are the result of extensive research of actual spending habits ensuring the cost of living indexes reflect a reality-based international expenditure pattern. The cost of living index for each basket for Nauru is only available using our online calculators.

The current overall cost of living rank (using all 13 baskets) for Nauru is 287 out of 780 international locations covering every country in the world (rank 1 is most expensive: rank 780 is least expensive). The current cost of living rank for each basket is as follows:

Alcohol & Tobacco costs are high compared to other places for items such as beer, spirits, wine and cigarettes. There are 228 places that are more expensive, and 551 places that are less expensive for alcohol and or tobacco.

Clothing costs are low compared to other places for items such as business, casual and children's clothing and footwear. There are 500 places that are more expensive, and 279 places that are less expensive for clothing.

Communication costs are average compared to other places for various communication costs such as home telephone rental, internet subscription, mobile tariff and data costs. There are 385 places that are more expensive, and 394 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 607 places that are more expensive, and 172 places that are less expensive for education.

Furniture & Appliance costs are high compared to other places for items such as dining table and chairs, home entertainment, kitchen appliances, and sofa. There are 228 places that are more expensive, and 551 places that are less expensive for furniture and appliances.

Grocery costs are high compared to other places for items such as consumables, cleaning products, dairy, fresh fruit & vegetables, general food products, snacks, soft drinks. There are 257 places that are more expensive, and 522 places that are less expensive for groceries.

Healthcare costs are low compared to other places for doctor visit, hospital stay, non-prescription medicine, and medical insurance. There are 568 places that are more expensive, and 211 places that are less expensive for healthcare.

Household Accommodation costs are very high compared to other places for items such as apartment purchase, mortgage rate, rental, and utilities. There are 77 places that are more expensive, and 702 places that are less expensive for household accommodation.

Miscellaneous costs are very low compared to other places for items such as dry cleaning, linen, magazines, newspapers, office supplies, and postage stamps. There are 738 places that are more expensive, and 41 places that are less expensive for miscellaneous items.

Personal Care costs are low compared to other places for items such as cosmetics, hair care, and toiletries. There are 543 places that are more expensive, and 236 places that are less expensive for personal care.

Recreation and Culture costs are average compared to other places for items such as books, cinema, sport and theatre tickets. There are 354 places that are more expensive, and 425 places that are less expensive for recreation and culture.

Restaurants, Meals Out and Hotel costs are low compared to other places for items such as hotel daily room rates, meals and beverages in restaurants, and take away food and beverages. There are 491 places that are more expensive, and 288 places that are less expensive for restaurants, meals out and hotels.

Transport costs are low compared to other places for items such as fuel (petrol/gasoline), public transport, vehicle purchase and maintenance. There are 526 places that are more expensive, and 253 places that are less expensive for transport.

Hardship
Hardship in the context of an expatriate and their family refers to the degree of hardship they are likely to experience and the relative impact on their lifestyle in a host location. The degree of hardship correlates to the degree of difference between the home and host location. Hardship pay is compensation for the hardship likely to be endured during an international assignment in order to encourage people to move, in particular to less desirable locations.

Hardship factors include-:
Economic Factors: Such as poverty levels and level of service provision
Political Factors: Such as freedom/tolerance towards different points of view / lifestyle
Religious Factors: Such as freedom/tolerance towards different religions
Public Service Factors: Such as provision of water, electricity, sanitation, work permits etc
Environment/Climate Factors: Such as extreme weather
Personal Safety Factors: Such as personal safety / level of crime
Health Factors: Such as prevalence of disease and health standards
Education Factors: Such as education standards, prevalence of international schools
Transportation Factors: Such as prevalence of public transport, fuel and road safety.

The ratings for hardship are classified into four main groups and can be described as follows:
1) Minimal Hardship (10% Hardship Premium)
2) Some Hardship (20% Hardship Premium)
3) High degree of Hardship (30% Hardship Premium)
4) Extreme Hardship (40% Hardship Premium).

Nauru is ranked as high degree of hardship with a typical hardship premium of 30%.

Reference
The above information is updated quarterly using data collected over the previous 12 months. The international cost of living & hardship indexes are only available using our online expatriate calculators to enable users to create personalized cost of living comparison reports:

Salary Purchasing Power Parity Calculator
Cost of Living Index Calculator
Cost of Living Allowance Calculator

Published by Xpatulator.com on 1 April 2013.

To link to this article: http://www.xpatulator.com/cost-of-living-review/Nauru-All-Areas_500.cfm