Vlog 28 | My Monthly Expenses is only 250 QAR Doha is 2nd least expensive city 🏙️
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- čas přidán 10. 09. 2024
- Doha, Qatar: Doha has been identified as the second most affordable city for expatriate workers in the Gulf region, as per the latest 2024 Mercer Annual Cost of Living City Ranking.
Mercer’s Annual Cost of Living City Ranking offers crucial insights and trends for individuals needing to make well-informed decisions regarding global mobility operations and international assignees. The ranking features 226 cities worldwide, listed from the most expensive to the least expensive places to reside.
This comprehensive ranking acts as a valuable tool, providing direction through the complex landscape of living costs in cities across the globe.
As per the findings, the Qatari capital holds the 121st spot among the 226 cities included in the survey, with Muscat (122) being the only city in the region slightly less expensive than Doha. Following Doha in third place is Kuwait City at 119.
Dubai has climbed the rankings to become the most expensive city in the Middle East for international workers. It now holds the 15th spot globally, moving up three places from 2023, while Abu Dhabi (43), Riyadh (90), and Jeddah (97) trail behind in that order.
Hong Kong, Singapore and Zurich are currently the top-three costliest cities for international workers, the report noted, while it indicated that Nigeria’s Abuja (226) and Lagos (225) and Pakistan’s Islamabad (224) are the three least expensive cities in the world.
“A number of key factors have influenced the world’s economy in recent years. In 2024, these factors continue to have an impact on the cost of living in major cities,” the report noted. The report indicated that inflation and exchange-rate fluctuations are directly affecting the pay and savings of internationally mobile employees (or those executing an international assignment.
It said heightened economic and geopolitical volatility, as well as local conflicts and emergencies, have led to additional expenses in areas such as housing, utilities, local taxes and education. #doha #music #food