Country Full Name: United Kingdom of Great Britain and Northern Ireland.Country Location: The United Kingdom is in Western Europe, and consists of islands including the northern one-sixth of the island of Ireland between the North Atlantic Ocean and the North Sea, northwest of France.Country Climate: Temperate; moderated by prevailing southwest winds over the North Atlantic Current; more than one-half of the days are overcast.Country Terrain: Mostly rugged hills and low mountains; level to rolling plains in east and southeast.Country Major Languages: English.Country Major Religions: Christianity.Location Population: 1.65 Mil (2012 est.).Country Economy: The economy of the United Kingdom is that of a major developed capitalist economy. The United Kingdom is one of the world's most globalised countries. The British economy is made up of the economies of England, Scotland, Wales and Northern Ireland. In 1973, the UK acceded to the European Economic Community which is now known as the European Union after the ratification of the Treaty of Maastricht in 1993. The UK economy had been one of the strongest EU economies in terms of inflation, interest rates and unemployment, all of which remained relatively low until the 2008-09 recession, when unemployment rose dramatically, and interest rates fell to 0.5%.Country Currency: British Pound (GBP).Country Inflation: 3.2% (2012 est.).Newcastle upon Tyne is a city and metropolitan borough of Tyne and Wear, in North East England.Newcastle upon Tyne is largely a business and cultural centre. Newcastle is the commercial, educational and, in partnership with nearby Gateshead, the cultural focus for North East England. It has hosted the world's most popular half marathon, the Great North Run, since it began in 1981.
The cost of living in Newcastle upon Tyne 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 Newcastle upon Tyne is only available using our online calculators.The current overall cost of living rank (using all 13 baskets) for Newcastle upon Tyne is 163 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 255 places that are more expensive, and 524 places that are less expensive for alcohol and or tobacco.Clothing costs are high compared to other places for items such as business, casual and children's clothing and footwear. There are 292 places that are more expensive, and 487 places that are less expensive for clothing.Communication costs are high compared to other places for various communication costs such as home telephone rental, internet subscription, mobile tariff and data costs. There are 233 places that are more expensive, and 546 places that are less expensive for communication.Education costs are very high compared to other places for items such as creche / pre-school fees, primary school fees, high school fees and tertiary study fees. There are 19 places that are more expensive, and 760 places that are less expensive for education.Furniture & Appliance costs are low compared to other places for items such as dining table and chairs, home entertainment, kitchen appliances, and sofa. There are 510 places that are more expensive, and 269 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 199 places that are more expensive, and 580 places that are less expensive for groceries.Healthcare costs are high compared to other places for doctor visit, hospital stay, non-prescription medicine, and medical insurance. There are 248 places that are more expensive, and 531 places that are less expensive for healthcare.Household Accommodation costs are high compared to other places for items such as apartment purchase, mortgage rate, rental, and utilities. There are 269 places that are more expensive, and 510 places that are less expensive for household accommodation.Miscellaneous costs are high compared to other places for items such as dry cleaning, linen, magazines, newspapers, office supplies, and postage stamps. There are 176 places that are more expensive, and 603 places that are less expensive for miscellaneous items.Personal Care costs are very high compared to other places for items such as cosmetics, hair care, and toiletries. There are 138 places that are more expensive, and 641 places that are less expensive for personal care.Recreation and Culture costs are high compared to other places for items such as books, cinema, sport and theatre tickets. There are 285 places that are more expensive, and 494 places that are less expensive for recreation and culture.Restaurants, Meals Out and Hotel costs are very high 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 151 places that are more expensive, and 628 places that are less expensive for restaurants, meals out and hotels.Transport costs are very high compared to other places for items such as fuel (petrol/gasoline), public transport, vehicle purchase and maintenance. There are 106 places that are more expensive, and 673 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 provisionPolitical Factors: Such as freedom/tolerance towards different points of view / lifestyleReligious Factors: Such as freedom/tolerance towards different religionsPublic Service Factors: Such as provision of water, electricity, sanitation, work permits etcEnvironment/Climate Factors: Such as extreme weatherPersonal Safety Factors: Such as personal safety / level of crimeHealth Factors: Such as prevalence of disease and health standardsEducation Factors: Such as education standards, prevalence of international schoolsTransportation 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). Newcastle upon Tyne is ranked as minimal hardship with a typical hardship premium of 10%.ReferenceThe 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 CalculatorCost of Living Index CalculatorCost of Living Allowance CalculatorPublished by Xpatulator.com on 1 April 2013.To link to this article: http://www.xpatulator.com/cost-of-living-review/United-Kingdom-Newcastle-upon-Tyne_607.cfm