Guam is an island in the North Pacific Ocean, about three-quarters of the way from Hawaii to the Philippines. The climate is tropical marine. It is generally warm and humid with little seasonal temperature variation, moderated by northeast trade winds. The official languages are English and Chamorro. Japanese is also spoken, particularly by older people. The main religion is Christianity. The economy of Guam is supported by its principal industry, tourism, which is primarily composed of visitors from Japan. Guam’s second-largest source of income is the United States military. The people of Guam are friendly and warm, and respect seniority. Expatriate business dress is a suit or jacket and tie. The security risk for expatriates in Guam is low. Risks include low levels of petty crime and the possibility of terrorism due to the presence of the US military bases. The currency of Guam is the US Dollar (USD). Medical facilities are adequate but limited. Serious or complex medical treatment requires evacuation which can be expensive. The population of Guam is 163,000 (2018 est.), while the inflation rate (CPI) is 1.6% for Guam as at May 2017. Xpatulator Hypothetical Tax for Guam is based on the current personal income tax rates for the USA using the Single Federal income tax 2018 marginal rates for individuals which are progressive up to 37%.
Cost Of Living
The cost of living for expatriates / professional migrants in In Guam, the cost of each basket, based on local prices, compared to the international average, is categorized follows (Exact cost of living percentages only available in personalised reports): Guam as at 1 October 2018 is very high in comparison to other places in the world. 1) Alcohol (where available) & Tobacco: High 2) Clothing: High 3) Communication: High 4) Education: High 5) Furniture & Appliances: High 6) Groceries: Very High 7) Healthcare: Average 8) Household Accommodation: High 9) Miscellaneous: High 10) Personal Care: High 11) Recreation & Culture: High 12) Restaurants Meals Out and Hotels: High 13) Transport: Very High Guam is for example 32.2% more expensive than USA for groceries, 0.2% more expensive for household costs than UK, and 152.7% more expensive for transport costs than India. The hardship premium for Guam for an expat from Australia, is for example 20%, i.e. host location (Guam) premium of 30% minus home (Australia) location premium of 10%. Guam is ranked as a high degree of hardship location. Want to know more about cost of living, hardship (quality of living) or expat salary in Guam? Register subscribe to your home location and Guam and run your personalised reports.