Kuwait ‘least expensive country,’ survey shows

Kuwait ‘least expensive country,’ survey shows

KUWAIT: A survey conducted by Workyard Research showed that Kuwait ranked first on the list of the world’s cheapest cities to live in, with average per capita monthly income in the country of $6,199, while the cost of living reaches $752.70. An individual in Kuwait can keep a large portion of their salary after covering their basic expenses, making Kuwait the lowest-cost city to live on the list, the report said. Despite rising wages, New York came out as the least affordable city to live in due to the high cost of living.

On the other hand, Abu Dhabi ranked second on the list of the cheapest cities to live in the world in terms of high income and low cost of living, with an average monthly income of $7,154 there, while $873.10 is spent on living costs. Riyadh ranked third in terms of affordable prices, with an average monthly income of $6,245 and a living cost of $814.90. Dubai and Sharjah come in fourth and fifth place on the list, with average monthly incomes of $7,118 and $5,229 per month respectively, while living expenses are $1,007 and $741.30 respectively.

Workyard experts analyzed data from 20 cities to determine where people earn