Bbabo NET

Society News

How costly is Dubai compared with rest of world?

Dubai: Many people in Dubai say they feel squeezed by household expenses because the prices of daily essentials, as well as rent, are increasing. But are people in the emirate really worse off than others?

Dubai may have earned a reputation for being a costly town to live in, but data collated by a comparison site showed that the emirate is not as expensive as some of the cities in the United States (US), Switzerland, United Kingdom (UK) and even Singapore.

Numbeo has reviewed the prices of groceries, restaurants, transportation and utilities in more than 500 cities around the world and found that consumers elsewhere are spending far more money on services, goods and daily essentials, as well as rent.

When the countries surveyed were ranked according to consumer price index and rent index, which took into account the latest rental figures and prices of groceries, restaurant meals, transportation and utilities, Dubai came in the 39th place, while Abu Dhabi came in the 62nd place, as of Tuesday.

How costly is Dubai compared with rest of world?