Guatemala amongst world's least expensive cities

Guatemala is in position 122 of the world’s 143 most and least expensive cities to live, according to a worldwide cost of living survey for 2008.

Wednesday, August 6, 2008

Mercer’s cost of living survey covers 143 cities across six continents and measures the comparative cost of over 200 items in each location, including housing, transport, food, clothing, household goods and entertainment.
It is used to help multinational companies and governments determine compensation allowances for their expatriate employees, especially those who because of their work are required to spend long periods in various countries.

More on this topic

“The Best Places to Work”. Are They Really So?

July 2010

The rankings industry continues outputting information that many times is not only inaccurate, but also disguised advertising.

An article in BNet begins by reporting that a well known multinational corporation was found guilty and ordered to pay $250 million for gender discrimination and firing pregnant women.

Nicaragua: Most people think the economy has grown worse

September 2008

83.5% of Nicaraguans think that in the months that Daniel Ortega has been governing the economy of the country has not improved.

Similarly, 70.5% think that Ortega has no interest in resolving their problems.
This information was obtained in a survey by M&R Consultants of some 1,600 individuals, carried out between August 14 and 19.

Living costs are a big worry for Central Americans, says new CID Gallup chief

July 2008

Insecurity and high living costs are the main concerns of Central Americans, said Esteban Alvarez, the new general manager of CID Gallup in Costa Rica.

Alvarez said the main challenge he faces is to increase the capacity that has made CID Gallup Latinoamérica a full-service agency for regional coverage.

Costa Rica stresses increased trade

June 2008

After Chile, Costa Rica is the country with the best conditions in Latin America for trade and business, according to a study from the World Economic Forum.

The report said in part that Costa Rica "is open to imports, with a relatively low level of tariff and non-tariff barriers, and its customs offices are efficient."

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