Doha’s high rents push it to 10th most expensive city in global index
Doha is the world’s 10th most expensive city in which to rent a home, putting it ahead of cities such as Singapore, Zurich and Washington DC, according to figures in a new global cost of living index.
The mid-year cost of living index by Numbeo, which runs an international database based on user-contributed information, ranked Doha in 205th spot globally for its overall living costs, with a score of 71.18 for its consumer price index (CPI).
This is based on the price of a “basket” of common goods and services such as groceries, fuel, clothing and dining out. The main CPI figure in this index does not include rent, which is calculated as a separate score. For CPI plus rent, Doha scored even higher, with a rating of 73.46.
The numbers in the index relate all cities to New York City, which has been given a base score of 100. So the cost of daily living plus rent in Doha is equivalent to 73 percent of the same costs in NYC.
Read the full text news in resource site…
Source News: Doha News
Photo: Jun Ong/Flickr
