Cost of Living Gulf Cooperation Council (GCC) Report - Qatar most expensive country for living in GCC

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Mar 13, 2014, 11:30 ET

MUMBAI, March 13, 2014 /PRNewswire/ --

Qatar's tight rental market has made it the most expensive country to live in the GCC, according to a comprehensive analysis on the cost of living in the region. The report has found that in a like-for-like comparison of seven measures, Qatar came out the most expensive overall, followed by the UAE, Saudi, Bahrain, Oman and Kuwait.

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Qatar also emerged as the most expensive GCC nation for renting a car with a monthly fee of $2,773 to rent a small SUV - almost double the $1,390.50 cost for the same car in the UAE - while an annual gym membership in Qatar was $2,686.5 compared to $81 a year in Saudi and a meager $48 in Oman.

It is also noted the UAE had the biggest range of healthcare in terms of international hospitals and clinics, while the more than seven big, local drug manufacturing plants in Saudi, where insurance was $1,350/yr, brought down pharmaceutical costs somewhat.

Bharat Book Bureau presents Cost of Living - GCC Report. http://www.bharatbook.com/business-services-market-research-reports-482783/cost-of-living-gcc-report.html

GCC Report Overview

Release Dates: Released in February annually

Geographical Areas Covered: Covers and compares UAE, KSA, Qatar, Oman, Kuwait & Bahrain

Sections in Report: Accommodation, Commercial Property, Education, Healthcare, Travel & Transport, Household & Utilities, Business Set-up & Licenses, Lifestyle & hospitality and Job Market across all 6 GCC countries, comparing equivalent roles across multiple industrial sectors

Remuneration Analysis: 100+ job titles with demographic comparisons

Report Content: Tabular analysis & graphical analysis along with all report sources

Report Sources: Several hundred, including the World Bank, IMF, open sources and local consulting agencies across the GCC, along with our findings across all 3 of our country reports for KSA, UAE & Qatar

Report Size: 124 pages

Report Format: Secure PDF, with a printed hardcopy available upon request

WHAT'S INCLUDED IN THE GCC REPORT

Accommodation

Comparison of various rental properties across the major cities, Emirates & provinces within the 6 GCC countries
Comparison of various freehold properties across the major cities, Emirates & provinces within the 6 GCC countries (where applicable)
Rental growth vs. job vacancies across the GCC
Factors influencing property value by major GCC cities, Emirates & provinces
GCC's residential price-quality index
Key drivers of letting prices by GCC cities, Emirates & provinces
Inventories of apartments and villas by GCC cities/ Emirates & provinces
Residents demographics by GCC cities/ Emirates & provinces
The cost of amenities by GCC cities/ Emirates & provinces

Education

Comparison of schooling fees across the main GCC cities/ Emirates & provinces
Comparison of University tuition fees across the main GCC cities/ Emirates & provinces
A comparison of the cost of an MBA & Masters Degrees across various Universities in the GCC
Cost of school transport and admission fees
Average annual spending per child on education, by expat households across various job titles

Household & Utilities

Comparison of the average cost of a typical food basket in 2013-2014, between the GCC cities/ Emirates & provinces by family size
Comparison of annual water consumption, across the main GCC cities/ Emirates & provinces
Comparison of electricity and utility costs, across the main GCC cities/ Emirates & provinces

Lifestyle

Comparison of cost of entertainment, across the main GCC cities/ Emirates & provinces
Annual prices of international TV subscriptions, across the main GCC cities/ Emirates & provinces
Comparison of Golf Green Fees, across the clubs in the main GCC cities/ Emirates & provinces

Healthcare

Comparison of the cost of in-patient and out-patient procedures and consultancies, across the main GCC hospitals in public & private sectors
Comparison of the cost of health insurance premiums, by age bracket & package type, across the main GCC cities/ Emirates & provinces
Comparison of the average cost of health benefits, as a percentage of total payroll by business sector & employer size across the main GCC cities/ Emirates & provinces

Salaries

Expected pay increases by business sector and job title across the main GCC cities/ Emirates & provinces
An overview of talent demand and supply in various sectors, by job title and years of experience across the main GCC cities/ Emirates & provinces

Travel & Transport

Comparison of prices of new automobiles by vehicle type & size across the main GCC cities/ Emirates & provinces
Comparison of the costs of maintaining a vehicle across the main GCC cities/ Emirates & provinces
Comparison of the cost of an entry visa, across the main GCC cities/ Emirates & provinces
Comparison of petrol/ diesel fuel prices across 80+ countries (including the main GCC cities/ Emirates & provinces)
Comparison of hotel rates and charges between the main GCC areas in 2013-2014, by hotel rating

Business Setup

Rental prices of offices & warehouse spaces per sqft, across the main GCC cities/ Emirates & provinces
License setup & renewal costs by business activity and company type, across the main GCC cities/ Emirates & provinces
Comparison of changes in commercial property supply, across the main GCC cities/ Emirates & provinces
Comparison of Commercials property vacancy rates, across the main GCC cities/ Emirates & provinces
Key factors contributing to demand for business setup, across the main GCC cities/ Emirates & provinces
Key challenges in setting up a business, across the main GCC cities/ Emirates & provinces
A comparison of the legal landscape, import tariff policies, workforce productivity, infrastructure set-up and the overall ease of doing business, across the main GCC cities/ Emirates & provinces

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