Wednesday 29 June 2022

#Dubai is the most expensive city in the Gulf for expatriates in 2022 – Mercer survey

Dubai is the most expensive city in the Gulf for expatriates in 2022 – Mercer survey

Dubai has been ranked among the world’s most expensive cities to live and work in for expatriates this year, according to the Cost of Living survey by Mercer.

The study, which looks at how the rising cost of living has impacted workers’ financial wellbeing in 227 cities worldwide, placed Dubai in the 31st position.

The emirate, which has been seeing a growing influx of millionaires and demand for property recently, emerged as the costliest city in the Gulf Cooperation Council (GCC) region, beating out the neighbouring cities of Riyadh, which landed in the 103rd position, Jeddah (111th place), Manama (117), Muscat (119), Kuwait City (131) and Doha (133).

Dubai is also a pricier destination for expats compared to popular global hubs like Paris, Munich, Chicago and Sydney.

Hong Kong landed in the first spot, followed by Zurich and Geneva in the second and third positions, respectively.

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