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City Description: Saipan is the largest island of the Northern Mariana Islands. The Commonwealth's centre of government is located in the village of Capital Hill on the island. Saipan is often referred to as the capital of the Northern Mariana Islands.Economy: Tourism has long been a vital source of the island's revenue. In years past, the main economic driving force in Saipan was garment manufacturing, however there are no garment manufacturers left on the island.Major Languages: English, Chamarro, Carolinian.Major Religions: Christianity.Population: 0.048 Mil (2013 est.).Currency: US Dollar (USD)Inflation: 2% (2013 est.).
The cost of living in Saipan is average in comparison to other places in the world. This is based on a comparison of locally collected prices for goods and services applicable to expatriates, converted to USD. The goods and services have been grouped together into categories (baskets) and the cost calculated for each basket in each location. Futhermore, these baskets have been weighted based on extensive research of white collar expatriate spending habits. As a result the cost of living comparisons are applicable to internationally mobile senior staff such as specialists, professionals, managers and executives. In Saipan, of the 13 cost of living baskets, the cost of education is very low, healthcare low, restaurants average, recreation high, and no basket very high in comparison to other international locations. Hardship Hardship 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. Saipan is ranked as a extreme hardship location.ReferenceThe 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 using the calculators.Published by Xpatulator.com on 15 January 2014.Are you moving / considering a move to Saipan? Would you like to know if your salary offer is higher or lower than what you earn now? Calculate how much you need to earn in Saipan to have a similar spending power to what you have now. Register, Purchase and Run the Salary Purchasing Power Parity Calculator.