United Arab Emirates Cost of Living
The United Arab Emirates is in the Middle East, bordering the Gulf of Oman and the Persian Gulf, between Oman and Saudi Arabia. The capital is Abu Dhabi.
The United Arab Emirates has a highly industrialized economy. The UAE is striving to become less dependent on natural resources. Petroleum & natural gas exports play an important role in the economy. Until recently a massive construction boom, an expanding manufacturing base, and a thriving services sector were helping diversify the UAE economy. Massive real estate development projects have led to the construction of some of the tallest skyscrapers and largest projects in the world such as the Emirates Towers, the Palm Islands and the world’s tallest, and most expensive, hotel the Burj Dubai. however the global recession has impacted Dubai in particular and many projects have been stopped or postponed.
Abu Dhabi has an overall cost of living index which equates it with Middle Cost of Living Locations. The overall cost of living index is comprised of the prices for defined quantities of the same goods and services across all 13 Basket Groups. Abu Dhabi is currently ranked 57 overall, most expensive place in the world for expatriates to live, out of 276 international locations. The exact customised cost of living index for Abu Dhabi is based on the Basket Groups that you select in the Calculators.
Dubai has an overall cost of living index which equates it with High Cost of Living Locations. The overall cost of living index is comprised of the prices for defined quantities of the same goods and services across all 13 Basket Groups. Dubai is currently ranked 7 overall, most expensive place in the world for expatriates to live, out of 276 international locations. The exact customised cost of living index for Dubai is based on the Basket Groups that you select in the Calculators.
In terms of the relative hardship people are likely to experience, assessed in global terms, Abu Dhabi and Dubai are ranked as minimal hardship locations. The exact customised hardship index premium for Abu Dhabi and Dubai is based on the comparison location that you select in the Calculators.
Important Health Insurance Information | Health Insurance Bounds | February 7th, 2010 at 2:27 am #
[...] United Arab Emirates Cost of Living – wpparty.com [...]