Bucharest is the capital and largest city of Romania. Bucharest is the industrial, cultural, and financial centre of Romania and is one of the main industrial centres and transportation hubs of Eastern Europe. Romania is in South Eastern Europe, bordering the Black Sea, between Bulgaria and Ukraine. Temperate; cold, cloudy winters with frequent snow and fog; sunny summers with frequent showers and thunderstorms. Central Transylvanian Basin is separated from the Moldavian Plateau on the east by the Eastern Carpathian Mountains and separated from the Walachian Plain on the south by the Transylvanian Alps. The official language is Romanian. Romanian is a Romance (coming from Latin) language and personnel who speak French or Italian will easily understand key words and phrases of Romanian. Many Romanians speak a few words of English and French. German is occasionally spoken, notably in Transylvania. A few words of Romanian will be appreciated by visitors. The main religion is Christianity. Romania is an upper-middle income European Union member economy of Central-Eastern Europe. The security risk for expatriates in Romania is low. Risks include petty crime such as pickpocketing, poor road conditions, and corruption. The population in Bucharest is 2.4 Mil (2014 est.), while the inflation rate is 0.7% (2014 est.).
Cost Of Living
The cost of living for expatriates in Bucharest as at 1 January 2015 is very low in comparison to other places in the world. In Bucharest, the cost of each basket, based on local prices, compared to the international average in USD, is categorized follows: 1) Alcohol (where available) & Tobacco: Very Low 2) Clothing: High 3) Communication: Very Low 4) Education: Very Low 5) Furniture & Appliances: Low 6) Groceries: Very Low 7) Healthcare: Average 8) Household Accommodation: Very Low 9) Miscellaneous: Average 10) Personal Care: Very High 11) Recreation & Culture: Average 12) Restaurants Meals Out and Hotels: Low 13) Transport: Low Bucharest is for example -29.5% cheaper than Montevideo for groceries, -30.3% cheaper for household costs than Durban, and -21.8% cheaper for transport costs than Athens. Bucharest is ranked as a high degree of 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 hardship premium for Bucharest for an expat from Zurich is for example 20%, i.e. host location (Bucharest) premium of 30% minus home (Zurich) location premium of 10%. Xpatulator.com has been created to assist subscribers calculate expatriate pay using the online calculators and extensive database of cost of living and hardship indexes, for 780 international locations. Want to know more about cost of living, hardship or expat pay in Bucharest? Register subscribe to your home location and Bucharest and run your personalised reports.