Property rents in Qatar are the third most expensive in the world, according to the Numbeo’s Cost of Living Index 2015.
The UAE is reported to be the fourth highest for rents, according to the index, while Kuwait and Bahrain are ranked at number 10 and 13, respectively.
The most expensive countries/regions on the list are Singapore and Hong Kong.
The most expensive country in the GCC, in terms of total cost of living, including rent and consumer goods and services, is Kuwait, which was placed ninth in the survey of 119 countries worldwide, just head of the UK and Ireland.
Switzerland, Norway and Venezuela were ranked as the top three overall.
In terms of purchasing power, Saudi Arabia ranked number two in the world, behind Switzerland, with Qatar (6th) and Oman (10th) also in the top ten, with UAE in 13th.
Follow us on
