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COSTA RICA |
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Costa Rica Cost Of Living Increases
The cost of living in Costa Rica has gone up
and the latest report on basic prices and
services by the Ministerio de Economía,
Industria y Comercio (MEIC) confirms it.
The MEIC study compares the items of the
"canasta basica" (basic basket) of 37 items
representative of the needs of a family of
4.
The study reveals that it the cost has
increased ¢7.436 over the same period last
year (October 2008 compared to October
2009), for the items purchased at stores
with the lowest prices.
The MECI also found price differences for
the same items at different supermarkets,
including stores operated by the same chain.
The MEIC study shows that last October, a
family of 4 has to spend ¢87.608 colones at
the Palí store in Tres Rios (east side of
San José), whiel the same products costs
¢80.172 colones at the Hipermás in Escazú.
The Palí and Hipermás are operated by the
same retail chain, Wal-Mart de Costa Rica.
The MEIC study also revelas prices
differences at competing supermarkets.
For instance, the MEIC found that a family
shopping at the up scale Automercardo
supermaket, the total of the items in the
canasta basica came to ¢99.136 colones. |
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