Qatar 'most expensive country in Gulf'
Dubai, March 14, 2014
Qatar's tight rental market has made it the most expensive country to live in the GCC, according to an analysis on the cost of living in the region.
The Bharat Book Bureau's "Cost of Living - GCC Report" has found that in a like-for-like comparison of seven measures, Qatar came out the most expensive overall, followed by the UAE, Saudi Arabia, Bahrain, Oman and Kuwait.
Qatar also emerged as the most expensive GCC nation for renting a car with a monthly fee of $2,773 to rent a small SUV - almost double the $1,390.50 cost for the same car in the UAE - while an annual gym membership in Qatar was $2,686.5.
It is also noted the UAE had the biggest range of healthcare in terms of international hospitals and clinics, while the more than seven big, local drug manufacturing plants in Saudi Arabia, where insurance was $1,350 per year, brought down pharmaceutical costs somewhat.
Sections in the report cover accommodation, commercial property, education, healthcare, travel and transport, household and utilities, business set-up and licenses, lifestyle and hospitality and job market across all 6 GCC countries, comparing equivalent roles across multiple industrial sectors. - TradeArabia News Service