الأربعاء، 31 يناير 2018

Dubai, Doha and Beirut top list of most expensive Arab cities, but low globally

Author: 
ARAB NEWS
Wed, 2018-01-31 14:03
ID: 
1517386567798469900

DUBAI: UAE’s Dubai topped the list of most expensive Arab cities in the world with a cost-of-living index of 72.58, according to the 2018 Cost of Living index.
The 2018 Cost of Living Index, produced by crowd-sourced global database Numbeo, placed the Emirate as first in the region and 210th in the world.
A cost-of-living index is a theoretical price index that measures relative cost of living over time or regions. It measures differences in the price of goods and services, and allows for substitutions with other items as prices vary.
Qatar’s Doha (66.12) and Lebanon’s Beirut (65.03) take the second and third spots in the list for the Arab world, while sitting 288th and 299th globally.
Other entries include Jordan’s Amman (58.47), Oman’s Muscat (51.20) and Saudi Arabia’s Jeddah (51) — who respectively rank 328th, 365th and 367th globally.
At the bottom of the list sits Iraq’s Baghdad at a cost of living index of 46.05, with a global rank of 406th.
Israel’s Tel Aviv-Yafo, Jerusalem, Ramat Gan, and Haifa all sit on top of the list for Western Asia — with the former having an index of 90.36 and a global ranking of 34.
Iran’s Tehran, on the other hand, ranks 65th in Asia with an index of 37.8.

Country City Arab Rank (20) Global Rank (540) Cost of Living Index
United Arab Emirates Dubai 1 210 72.58
Qatar Doha 2 288 66.12
Lebanon Beirut 3 299 65.03
United Arab Emirates Abu Dhabi 4 300 64.97
United Arab Emrates Sharjah 5 324 59.38
Bahrain Manama 6 326 59
Jordan Amman 7 328 58.47
Oman Muscat 8 365 51.2
Saudi Arabia Jeddah 9 367 51
Saudi Arabia Al-Khobar 10 375 50.18
Iraq Irbil 11 385 49.08
Saudi Arabia Dammam 12 388 48.87
Saudi Arabia Riyadh 13 391 48.21
Iraq Baghdad 14 406 46.05
Morocco Rabat 15 434 41.62
Morocco Casablanca 16 458 38.81
Algeria Algiers 17 473 37.13
Tunisia Tunis 18 506 30.06
Egypt Cairo 19 525 26.49
Egypt Alexandria 20 538 23.78
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http://ift.tt/2ErCKon January 31, 2018 at 09:20AM

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