Muscat ranks third cheapest city in the GCC | Times of Oman

  • Date: 24-Jun-2021
  • Source: Times of Oman
  • Sector:Economy
  • Country:Oman
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Muscat ranks third cheapest city in the GCC | Times of Oman

Muscat: The Omani capital of Muscat has been named the third-cheapest city to live in among the Gulf Cooperation Council countries. Among the list of 209 cities, Kuwait City was listed 115th, becoming a bit cheaper as it dropped two places from last year. It was a similar situation for Doha, which is ranked 130th and fell 21 places. Muscat dropped 12 places from 96th position last year, to 108 this year. Overall, the costs of living in the major GCC cities dropped because of the ongoing COVID-19 pandemic and its economic fallout. Saudi Arabia, however, was the exception. Riyadh (29) is the most expensive city in the region, having risen two places. Dubai (42) is second, although it has dropped 19 places since last year. Abu Dhabi, the capital of the United Arab Emirates, is 56th. Manama, the capital of the island nation of Bahrain, is ranked 71st, having fallen 19 places. The three most expensive cities in the world are Ashgabat, the capital of Turkmenistan; Hong Kong and Beirut in Lebanon. At the other end of the list are Bishkek in Kyrgyzstan, Lusaka in Zambia, and the Georgian capital of Tbilisi.