UAE: Abu Dhabi, Dubai, and Sharjah rank among top 10 most affordable cities in the world

  • Date: 13-Aug-2023
  • Source: Khaleej Times
  • Sector:Real Estate
  • Country:UAE
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UAE: Abu Dhabi, Dubai, and Sharjah rank among top 10 most affordable cities in the world

Experts analysed data from 20 cities to determine where people earn good money but don't have to spend too much on living costs

Published: Sun 13 Aug 2023, 2:24 PM Last updated: Sun 13 Aug 2023, 2:29 PM

Three cities in the UAE, including Abu Dhabi, Dubai, and Sharjah, rank among the world’s top ten most affordable cosmopolitan cities’ list that is topped by Kuwait in the first place.

With an average monthly income of a resident at $6,199 and a living cost of $752.70, Kuwait ranks top as the most affordable city globally.

This means residents get to keep much of their salary after covering their basic expenses, making Kuwait the most affordable city on the list while New York comes as the least affordable city on the list to live in despite high earnings, thanks to sky-high living costs, a survey conducted by Workyard Research shows.

Abu Dhabi is second on the list of the most affordable cities globally for high earnings and low living costs. On average, residents here bring home around $7,154 each month, spending about $873.10 on their living costs.

Riyadh is the third most affordable city, where the average monthly earnings are $6,245, and the living costs come up to