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Industry Watch presents Biggest Cities Review: Regular report on cost of labor
submited on 24.09.2007 in category Political stability | Fiscal affairs | Monetary policy | Regulated markets | Privatisation | Macroeconomic developments
submited on 24.09.2007 in category Political stability | Fiscal affairs | Monetary policy | Regulated markets | Privatisation | Macroeconomic developments
According to latest data on labor cost Sofia provides the most expensive labor for medium positions, whereas in Plovdiv and Burgas wages are about 20% lower.
Together with differences in wages we also monitor differences in life expenses between cities in Bulgaria. The cost of living index confirms results from the previous report releases – living in Sofia is most expensive, followed immediately by Varna. One lev could purchase around 12% more consumption in Plovdiv and Stara Zagora (as compared to the capital).
Cost of living Index
Sofia 100.0
Varna 94.6
Burgas 93.7
Stara Zagora 89.5
Plovdiv 89.4
Source: Industry Watch based on Vitosha Research data.
Cost of labor differences by cities
(Sofia = 100)
Basic positions Medium skillset positions
Sofia 100.0 100.0
Varna 91.0 94.1
Burgas 89.5 80.7
Stara Zagora 82.5 94.6
Plovdiv 82.3 79.4
Russe and Razgrad 81.2 82.3
Pleven and Lovech 80.7 84.0
Source: Industry Watch based on Vitosha Research data.
Together with differences in wages we also monitor differences in life expenses between cities in Bulgaria. The cost of living index confirms results from the previous report releases – living in Sofia is most expensive, followed immediately by Varna. One lev could purchase around 12% more consumption in Plovdiv and Stara Zagora (as compared to the capital).
Cost of living Index
Sofia 100.0
Varna 94.6
Burgas 93.7
Stara Zagora 89.5
Plovdiv 89.4
Source: Industry Watch based on Vitosha Research data.
Cost of labor differences by cities
(Sofia = 100)
Basic positions Medium skillset positions
Sofia 100.0 100.0
Varna 91.0 94.1
Burgas 89.5 80.7
Stara Zagora 82.5 94.6
Plovdiv 82.3 79.4
Russe and Razgrad 81.2 82.3
Pleven and Lovech 80.7 84.0
Source: Industry Watch based on Vitosha Research data.
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