Middle East Cost of Living 2010

The Middle East has experienced a drop in inflationof the 13 basket groups based on expatriate
in most cities over the past two years following aexpenditure norms, has fallen dramatically in Dubai
few years of relatively high inflation. The strongin the past year, as a result of over-supply, given
link of most regional currencies to the Unitedthe impact of the financial crises.
States Dollar has resulted in many regionalThe cheapest city surveyed in the Middle East
currencies strengthening against other major(and cheapest in the world) is Sanaa in Yemen
currencies. The United States Dollar has(ranked 282 in the world) with a cost of living
strengthened against the Euro by around 21% inindex of 51.76, almost half that of New York
the past two years making imports from Europewhich has a cost of living index of 100.
into the region cheaper.Most expensive cities in the Middle East (Global
Doha (ranked 69 in the world), with one of therank in brackets)
highest economic growth rates in the world, is the1. Qatar, Doha (69)
most expensive city in the Middle East, followed2. United Arab Emirates, Abu Dhabi (73)
by Abu Dhabi (ranked 73 in the world).3. Israel, Jerusalem (76)
The largest change in cost of living has been in4. Bahrain, Manama (81)
Dubai (ranked 131 in the world) with a cost of5. Saudi Arabia, Riyadh (123)
living index of 82.15 (New York = 100), currently6. United Arab Emirates, Dubai (131)
the sixth most expensive city surveyed in the7. Lebanon, Beirut (138)
Middle East, having previously been ranked8. Kuwait, Kuwait City (171)
amongst the most expensive cities in the region.9. Iran, Tehran (172)
Household accommodation, which comprises 30%10.