In fact, with the region welcoming hundreds of thousands of people every year from all cultures and countries, for work or tourism, it is worth studying its cost of living, because you might want to relocate to another country in the region.
The 24th annual global survey by Mercer’s Annual Cost of Living has revealed the rankings of the most expensive cities for expatriates, considering various factors such as instability of housing markets, low inflation, and fluctuating prices of goods and services.
Manama is the fifth most expensive city in the Arab world to live in for expatriates, according to results of a leading annual survey.
In the global ranking, Dubai(26th) is adjudged the most expensive city in the Middle East, followed by Abu Dhabi (40th), Riyadh (45th), Manama (77th), Jeddah (118th), Muscat (119th) and Kuwait (121st). However, the overall annual cost of living for expatriates has dropped throughout 2018 when compared with its value in 2017. Cairo (188th) remains the least expensive city in the Middle East.
“On the whole, most Middle Eastern cities have dropped in the ranking, due to decreases in rental accommodation costs throughout the region,” said Yvonne Traber, Global Mobility Product Solutions Leader at Mercer.
The cost of living rises sharply in Bahrain during recent years as the kingdom is facing financial doldrums that seem insurmountable, and lower oil price market is making things worse.
Source Credit: AMEInfo