Three cities in the United Arab Emirates (UAE) – Abu Dhabi, Dubai and Sharjah – are among the top ten most affordable global cities in the world, based on a study by Workyard Research.
Kuwait claims the top spot as the cheapest city to live in globally, owing to its favorable balance between an average monthly income and average monthly living costs. Abu Dhabi comes in second place, followed closely by Riyadh in third, with Dubai and Sharjah ranking fourth and fifth respectively.
Melbourne, Oslo, London, San Francisco and Zurich round up the top 10. The research examined data from 20 cities, evaluating the balance between earnings and living costs such as rent, food, and utilities. The study highlights the disparities in this balance across different global cities to determine places where individuals can earn good salaries while keeping living costs low. Notably, New York is cited as the city with the most challenging income-cost ratio.
Interested about living in Dubai or Abu Dhabi and getting the UAE residency? Want to know more about living in the UAE, its property market, healthcare, schools and lifestyle? Drop us an email (email@example.com) or give us a call (+44 20 3974 1244) at any time for valuable insights into the UAE residency options and doing business there.