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Spain, Valencia

Overview

Spain, ValenciaCountry Full Name: Kingdom of Spain.

Location: Spain is in South Western Europe, bordering the Bay of Biscay, Mediterranean Sea, North Atlantic Ocean, and Pyrenees Mountains, southwest of France.

Country Climate: Temperate; clear, hot summers in interior, more moderate and cloudy along coast; cloudy, cold winters in interior, partly cloudy and cool along coast.

Country Terrain: Large, flat to dissected plateau surrounded by rugged hills; Pyrenees in north.

Major Languages: Spanish (Castilian), Catalan and its variant Valencian, Gallego (Galician), Euskera (Basque).

Major Religions: Christianity.

Population: 2.3 Mil (2012 est.).

Country Economy: The economy of Spain has been regarded as one of the most dynamic within the EU, attracting significant amounts of foreign investment.

Currency: Euro (EUR). Make an international currency transfer to Spain.

Inflation: 2.9% (2011 est.).

Valencia is the most populous city of the Autonomous Community of Valencia and the third largest city in Spain.

Valencia?s port is the biggest on the Mediterranean Western coast. The main exports are food and drinks. Other exports include oranges, furniture, ceramic tiles, fans, textiles and iron products. Valencia?s manufacturing sector focuses on metallurgy, chemicals, textiles, shipbuilding and brewing.


Cost Of Living

The cost of living in Valencia in Spain is in the middle 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. Valencia in Spain is currently ranked 370 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 low 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 534 places that are more expensive, and 245 places that are less expensive for alcohol and or tobacco.

Clothing costs are very high 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 152 places that are more expensive, and 627 places that are less expensive for clothing.

Communication costs are very high 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 76 places that are more expensive, and 703 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 641 places that are more expensive, and 138 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 479 places that are more expensive, and 300 places that are less expensive for furniture and appliances.

Grocery costs are average 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 423 places that are more expensive, and 356 places that are less expensive for groceries.

Healthcare costs are 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 506 places that are more expensive, and 273 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 325 places that are more expensive, and 454 places that are less expensive for household accommodation.

Miscellaneous costs are high 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 299 places that are more expensive, and 480 places that are less expensive for miscellaneous items.

Personal Care costs are average 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 453 places that are more expensive, and 326 places that are less expensive for personal care.

Recreation and Culture costs are high compared to other places for items such as books, camera, cinema tickets, fitness/health club membership, sports goods and theatre tickets. There are 173 places that are more expensive, and 606 places that are less expensive for recreation and culture.

Restaurants, Meals Out and Hotel costs are high 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 191 places that are more expensive, and 588 places that are less expensive for restaurants, meals out and hotels.

Transport costs are low 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 555 places that are more expensive, and 224 places that are less expensive for transport.

Personalized cost of living indexes for Valencia in Spain 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, Valencia in Spain is ranked as minimal hardship with a hardship index of 10%.

Personalized hardship index premiums for Valencia in Spain 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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