Dubai becomes more expensive, ranks 23rd globally in 2015
Dubai ranked 23rd globally, while Abu Dhabi also climbed up the rankings to 33rd
Dubai: Dubai and Abu Dhabi are becoming more expensive to live in, having ranked the 23rd and 33rd most expensive globally, from 67th and 68th respectively last year, according to a new report.
Dubai and Abu Dhabi are the most expensive cities in the Middle East for expatriates, followed by Beirut at 44th spot, which shot up 19 places from last year. Jeddah, however, is the least expensive, having ranked 151, according to the 2015 Cost of Living Survey by human resources consultancy Mercer.
Topping the list this year were Luanda, Angola, which came first for the third consecutive year, followed by Hong Kong, Zurich, Singapore, Geneva, Shanghai, Beijing, Seoul, Bern and N’Djamena, Chad.
The survey covers 207 cities worldwide and measures the comparative cost of more than 200 items in each location, including housing, transportation, food, clothing, household goods, and entertainment.
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Source News: Gulf News