Doha Ranked Second Least Expensive City for Expat Workers in the GCC

Doha Ranked Second Least Expensive City for Expat Workers in the GCC

QLNews
By QLNews

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.

“In the case of the higher-ranking cities (Hong Kong, Singapore and Zurich), factors such as expensive housing markets, high transportation costs and higher cost of goods and services have all contributed to high living costs. Conversely, in Islamabad, Lagos and Abuja the demonstrably lower costs of living of international assignees have, in part, been driven by currency depreciations,” the report noted.

European cities prominently appear in Mercer’s list of the top 10 most expensive places to reside. Alongside four cities from Switzerland, London has secured the 8th position in this ranking. Other notable expensive cities in the region include Copenhagen at 11th, Vienna at 24th, Paris at 29th, and Amsterdam at 30th.

In South America, Montevideo, Uruguay, is identified as the most costly city for international employees, ranking 42nd. It is succeeded by Buenos Aires at 77th, which has dropped 32 places, and Sao Paulo at 124th. Additionally, it is important to highlight that Buenos Aires has become a more affordable city, while Santiago, Chile, has also experienced a significant decline, falling 73 places to 160th on the list.

In North America, New York City (ranked 7th globally) is the most expensive city, followed by Nassau, Bahamas (9), Los Angeles (10), Honolulu (12), and San Francisco (13). The largest changes in North America’s year-on-year rankings are in Mexico. The capital, Mexico City, rose 46 places to 33, and Monterrey rose 40 places to 115.

The African cities with the highest placement in the global Cost of Living City Ranking are Bangui (14, up 12 places), Djibouti (18), and N’Djamena (21). The least expensive cities in the region include Blantyre (221), Lagos (225, down 178 places), and Abuja (226).

Apart from Hong Kong and Singapore, the other most expensive cities in Asia are Shanghai (23), Beijing (25), and Seoul (32). Some of the least expensive cities in the region are Karachi (222), Bishkek (223), and Islamabad (224).

---

Make sure to check out our social media to keep track of the latest content. 

Instagram - @qatarliving

X - @qatarliving

Facebook - Qatar Living

YouTube qatarlivingofficial

By Hadi Bin Zahid• 5 Aug 2024 14:21
Hadi Bin Zahid

Bulshit

Log in or register to post comments

More from Qatar Living

Qatar’s top beaches for water sports thrills

Qatar’s top beaches for water sports thrills

Let's dive into the best beaches in Qatar, where you can have a blast with water activities, sports and all around fun times.
Most Useful Apps In Qatar - Part Two

Most Useful Apps In Qatar - Part Two

This guide brings you the top apps that will simplify the use of government services in Qatar.
Most Useful Apps In Qatar - Part One

Most Useful Apps In Qatar - Part One

this guide presents the top must-have Qatar-based apps to help you navigate, dine, explore, access government services, and more in the country.
Winter is coming – Qatar’s seasonal adventures await!

Winter is coming – Qatar’s seasonal adventures await!

Qatar's winter months are brimming with unmissable experiences, from the AFC Asian Cup 2023 to the World Aquatics Championships Doha 2024 and a variety of outdoor adventures and cultural delights.
7 Days of Fun: One-Week Activity Plan for Kids

7 Days of Fun: One-Week Activity Plan for Kids

Stuck with a week-long holiday and bored kids? We've got a one week activity plan for fun, learning, and lasting memories.
Wallet-friendly Mango Sticky Rice restaurants that are delightful on a budget

Wallet-friendly Mango Sticky Rice restaurants that are delightful on a budget

Fasten your seatbelts and get ready for a sweet escape into the world of budget-friendly Mango Sticky Rice that's sure to satisfy both your cravings and your budget!
Places to enjoy Mango Sticky Rice in  high-end elegance

Places to enjoy Mango Sticky Rice in high-end elegance

Delve into a world of culinary luxury as we explore the upmarket hotels and fine dining restaurants serving exquisite Mango Sticky Rice.
Where to celebrate World Vegan Day in Qatar

Where to celebrate World Vegan Day in Qatar

Celebrate World Vegan Day with our list of vegan food outlets offering an array of delectable options, spanning from colorful salads to savory shawarma and indulgent desserts.