UAE is second in cost of living in the region

In terms of cost of living, the UAE is in second place among the GCC countries after Qatar

Qatar is the most expensive country to live among the 6 countries that are members of the Gulf Cooperation Council (GCC), followed by the United Arab Emirates. When assessing the cost of living, such key indicators as housing rental, car rental, utility costs, cost of medical services, the cost of a health insurance contract, the cost of 21 food products and the cost of schooling were taken into account. The largest share in the composite indicator of the cost of living is rental housing. In Qatar, for the annual rental of an average two-bedroom apartment in the 4th quarter of 2013, it was necessary to pay $ 42,930, which is $ 15,540 more than in the UAE ($ 27,390) and 15 times more than in Bahrain ($ 2,849). Renting a small SUV in Qatar will also cost almost two times more expensive than in the UAE ($ 1,390.50). But residents of the UAE pay the most for an appointment with a therapist - an average of $ 78.50, while in Qatar $ 54, Saudi Arabia, Bahrain and Kuwait are about $ 27, and in Oman - only $ 13, while the most expensive health insurance in Bahrain ( an average of $ 2,312 a year, and the cheapest in Kuwait ($ 266), while the UAE market is recognized as the most developed medical services market.A set of 21 types of typical regional packaging products of the same packaging, from bottled water to McDonald's hamburger, is most expensive in Bahrain ($ 88.80), $ 83.68 in Kuwait, $ 74.28 in Oman, $ 61.85 in Saudi Arabia, $ 61.3 2 in the UAE and the cheapest - in Qatar ($ 56.19), the reason for this is that the state subsidizes meat prices in Qatar, and Bahrain, having the smallest population, purchases products in smaller quantities.The most expensive utilities were in the UAE - The bill for electricity, water and sewage for an average three-bedroom apartment will be here $ 268.5 per month, in Oman - $ 160, Bahrain and Qatar - about $ 135, Kuwait - $ 83, and in Saudi Arabia - only $ 55. The cost of schooling was similar in all countries of the region - from $ 7 579 per year in Bahrain to $ 12 981 in Oman (the average for private schools teaching in English under one of the international programs). Mercer regularly compiles a report on the cost of living in different countries of the world for foreigners, which is the basis for calculating travel expenses and wages for employees of international companies that they send to work outside their home country. In Qatar, foreign citizens make up 94% of the population, and in the UAE - 80%. Source: Arabian Business

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