Saudi oil reserves are the second largest in the world, and Saudi Arabia is the world's leading oil exporter and second largest producer. Housing in Saudi Arabia for Expatriates. Click on the name of the country you are interested in, you’ll also find a list of cities cost-of-living within, at the bottom of the country page. Like everywhere else, life in Saudi Arabia is what you … This surplus that is accounted for $10.40 billion has been achieved due to the increase of the oil and non-oil revenues. Car insurance is compulsory and is an extra expense expats should keep in mind. They therefore have to attend international schools where tuition can be prohibitively expensive. However, imported food and eating out can be costly. In Riyadh, the cost of an affordable lunchtime meal costs approximately $12. Some focus on Asian foods and local products. Date: 4/4/2019 GAIN Report Number: SA1902 Saudi Arabia Grain and Feed Annual 2019 Approved By: Alan Hallman, U.S. Embassy, Riyadh Prepared By: Hussein Mousa, U.S. Embassy, Riyadh Report Highlights: Saudi Arabia partially rescinded a virtual ban on domestic wheat production and is projected to produce 500,000 MT in MY 2019/20. Taxis are the fastest and most efficient way to get around. These data are based on 2433 entries in the past 18 months from 266 different contributors. A one-bedroom rental can range from $700/month to $1,500/month. Expats can often afford to buy a more luxurious car in Saudi Arabia than they could back home. Can I get info on how to move to Saudi Arabia permanently? Define Expatriate – What is an Expat Anyway? The cost-of-living allowances introduced in the January 2018 Royal Decree should be allowed to expire as planned at end-2019. SR … A chocolatier has escaped jail for drink driving after telling a court how being deprived of alcohol and driving while living in Saudi Arabia left her struggling upon her return to Britain. “Saudi Arabia partiality rescinded a virtual ban on domestic production of wheat that had been in place for three years,” a report on the grains sector from April 2019 explained. However, it ranked as more expensive than other regional cities like Manama and Doha. They enforce their rules to the letter, and the punishments are severe. Getting ready to make the move to Saudi Arabia? Saudi Arabia Collects New Tax On Expats From July, Saudi Arabia is collecting a new tax from expats and their dependants, a move that is seen to boost the country’s revenues amid weak oil prices. The cost of living in Saudi Arabia is generally lower or on par with other destinations in the Middle East. Cost of living index in Riyadh is 47.79% lower than in New York. Keep in mind that everything closes for prayer five times a day for 15-30 minutes at a time. Riyadh ranked 35th in Mercer’s 2019 Cost of Living Survey. Moving to a Middle Eastern country will certainly be a culture shock for someone from a Western society, especially with the gender segregation and traditional culture. Entertainment options in Saudi Arabia are limited. In 2019 Dependents of expats will each incur a monthly fee of SR300 , from July onwards In companies where the number of foreign employees is equal to … Keep in mind that taxi cabs in Saudi Arabia don’t always use meters, but you can negotiate the price for a ride. This makes schooling a major expense to consider. On average, a gallon of gas costs $0.97. Viral Videos. Before you make the move to Saudi Arabia, take the time to do your research. If you prefer to shop independent stores, there are fresh vegetable markets to visit. In the first quarter of 2019, Saudi Arabia's budget has accomplished its first surplus since 2014. Become our local expat expert for your area! In year-on-year (y/y) terms, real GDP growth decelerated rapidly from +4.3% y/y in Q4 2018 to +1.7% in Q1 2019, +0.5% in Q2 and -0.5% in Q3. 5. However If I were a woman working in Saudi Arabia; the story I am sure would be totally different, freedoms for women are severely restricted. An affordable dinner meal costs about $14. Alcoa and the Saudi Arabian Mining Company (Ma’aden) formed a joint venture in 2009 that has created the world’s largest, lowest cost fully integrated aluminum facility. This service is free of charge and will help you select an international moving company that suits your needs and budget. Consumer Price Index CPI in Saudi Arabia averaged 85.15 points from 1999 until 2020, reaching an all time high of 105.90 points in July of 2016 and a record low of 67 points in July of 2001. It’s no secret that Saudi Arabia is a popular destination for expats who are looking to bring their career to the next level. If you prefer to take over-the-counter cold medicine, A 6 day supply of cold medicine costs $2-$4. Many expats move to the Kingdom on lucrative relocation packages with allowances for housing, transport, medical insurance and their children's education. Many expats live in “compounds” which house other Americans and Europeans. The most popular compounds can have long waiting lists. Can I get a job visa for Qatar after being deported from Saudi Arabia? These tuition fees often also do not include the cost of books, uniforms, or excursion fees. Saudi Arabia has an extensive network of buses and taxis. A monthly bus pass costs $40. The Saudi government’s decisions to reduce … If you’re getting ready to check out with your groceries, you may have to wait until employees return from their prayer break. Can my child join an international school at the start of the second term in Riyadh? International Retirement: The Best Places to Retire Abroad Expat? All prices below are listed in U.S dollars. A royal decree by Saudi Arabia’s King Salman ordered the continuation of allowances covering the cost of living for civil sector employees for the new fiscal year on Tuesday. Islam dominates all aspects of life in the Kingdom and expats will find that many of the freedoms they enjoyed back home are strictly regulated. The government is currently pushing to make these hospitals available exclusively to Saudi nationals. Steve has been living in Saudi Arabia since 2013 and writing about Saudi rules, regulations, guides, and procedures since then. Can I live with my girlfriend in Jeddah, Saudi Arabia? A 12 dose box of an antibiotics prescription costs approximately $10. It's more affordable than the popular expat cities of Dubai and Abu Dhabi. High demand for property in expat compounds has resulted in high prices. Saudi Arabia is a central location for many top travel destinations. Best, and Safest, Places to Live, or Retire, In Mexico! Some grocery stores specialize in importing American products. Compare the Cost of Living in Riyadh with any other city in the world. Know what to do and what not do in order to show respect to the locals. Schooling is another big expense. 3-bedroom apartments range from $1,400 to $2,700/month. For the first time three cities share the title of the world's most expensive city – Singapore, Hong Kong and Paris. Cost of Living Ranking in Saudi Arabia (top cities by data quality) Ranking City Price Index * 1st: Al Mubarraz: 154: 2nd: Jeddah: 123: 3rd: Dammam: 95: 4th: Sakaka: 64: Price Index: To calculate each city's Price Index value, we start by assigning a value of 100 to a central reference city (that happens to be Prague). Women Driving. Love going to the movies? What’s it really like to live in Saudi Arabia? By its very nature much of the information in this travel guide is subject to change at short notice and travellers are urged to verify information on which they’re relying with the relevant authorities. Get in touch if you can provide useful info on your city or answer forum questions from new expats. Please contact us if you'd like to contribute. As more and more theaters emerge, you can expect to pay $13-$24 per ticket. We’ve taken the time to research the cost of living in Saudi Arabia to give you everything you need to decide whether Saudi Arabia is the right place for you. Given its position in the oil sector, petrol is cheap in Saudi Arabia. With 86 million customer relationships in over 200 countries, Cigna Global has unrivalled experience in dealing with varied and unique medical situations and delivering high standards of service wherever you live in the world. We’ve taken the time to research the cost of living in Saudi Arabia to give you everything you need to decide whether Saudi Arabia is the right place for you. Don’t forget to explore our moving abroad checklist! It's more affordable than the popular expat cities of Dubai and Abu Dhabi. Despite a drop in spending Saudi Arabia plans to continue to pay a cost of living allowance to citizens. 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The project includes a bauxite mine situated in central Saudi Arabia, which connects by rail to an integrated facility consisting of an alumina refinery, smelter, and casthouse on the Arabian Gulf coast. By filling in a form, you’ll get up to 5 quotes from recommended movers. Homeschooling options for children in Riyadh? Copyright © 2020, International Citizens Group, Inc. Expat Forums, Twitter and Social Networks, How to Move Abroad to Popular Expat Locations, Work Abroad – Advice for International Jobs, Staying Healthy Abroad While Living abroad, Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window), Click to share on LinkedIn (Opens in new window), work opportunities for Saudi Arabian expatriates, The Cost of Living in London for Travelers and Expats, Best International Countries and Cities to Live in. Cost Of Living In Riyadh, Saudi Arabia In 2019, Rank 246th In The World D & J. Loading... Unsubscribe from D & J? Resources for International Citizens and Expatriates. Come explore our list of the best healthcare providers in Saudi Arabia. Published Oct. 22, 2019 Updated Oct. 25, 2019; Leer en español . Unfortunately, concerns over cost differences often prevent potential expats from making the move. Figure out what it will cost you. As the birthplace of Islam, it is a country steeped in religious tradition. RELATED ARTICLES MORE FROM AUTHOR. All prices below are listed in U.S dollars. We are looking for contributors to help make this the ultimate guide for expats. Women living in Saudi Arabia. List of prices in Riyadh (Saudi Arabia) for food, housing, transportation, going out, and more on Nov 2020. Punishments for foreigners may be even more severe than for locals; most Saudis in the kingdom would just get their wrists slapped. Money is easily spent on luxury items in the country’s many malls. This often makes it easier to assimilate into the Saudi culture, especially if you are not Muslim. Villas and apartments in Saudi Arabia range in cost depending on size, location and the amenities present. Saudi Arabia’s real GDP contracted for three quarters in a row in seasonally adjusted quarter-on-quarter (q/q) terms – by -0.4% q/q in Q1 2019, -0.6% in Q2 and -0.2% in Q3 – putting the economy into protracted recession. Need International Health Insurance? Follow us on Facebook and Twitter for the latest expatriate news. Commercial movie theaters were banned in Saudi Arabia until December 2017. You just need to type Saudi Arabia and United Arab Emirates in our compare tool to find pertinent information in an easy to understand list format. In most cases, employers provide this as part of their benefits package. The USDA attaché explained how the country’s wheat production has gone from zero to the current level. Women Driving. Consumer Price Index CPI in Saudi Arabia increased to 104.10 points in October from 104 points in September of 2020. But don’t expect to make any bets or wagers – Sharia law prevents gambling. Three-bedroom apartment outside of city centre, One-bedroom apartment outside of city centre, Three-course meal for two at a mid-range restaurant, Mobile call rate (per minute – mobile to mobile), Internet (uncapped ADSL or cable – average per month), Utilities (average per month for standard household), ►For more on managing your finances, see Banking, Money and Taxes in Saudi Arabia. Alcohol is strictly prohibited in Saudi Arabia. Saudi Arabia also is expected to import an unchanged 1.4 million tonnes of rice in 2019-20. It’s compulsory for all expats living in Saudi Arabia to have some form of medical insurance. For a more modern experience, try shopping and dining on Tahlia Street in the capital of Riyadh. Travel. Living outside the compounds is cheaper. Cigarettes in Saudi Arabia cost about $6.40/pack. Globe Media cannot accept any responsibility for any loss or inconvenience to any person as a result of information contained above. Expat Arrivals is looking for locals to contribute to this guide, and answer forum questions from others planning their move to Saudi Arabia. One Saudi Riyal equals $0.27 USD, as of February 2018. Saudi Arabia boasts expansive deserts as well as modern metropolitan cities. As a result, expats often stick to private healthcare providers. See moving or retiring abroad. If you want to compare the cost of Living in Saudi Arabia VS United Arab Emirates, please visit our page and find comprehensive information related to the prices of the groceries, taxi fare, hotel prices, and compare easily. Expatriate Resources, 18 Shipyard Drive, Hingham, MA 02043, USA | However, as long as you are respectful and have some understanding of their way of life you will fit in soon enough.A move to the country may be more challenging for a woman due to the variance in culture. The average salary in Riyadh is $84,000 USD, making it a desirable location for expats looking to make a move. The capital city of Riyadh is the region’s commercial hub, with museums, luxury hotels, and high-end shopping malls. Electronic goods, groceries and tobacco products are reasonably priced. The standard of living is high in Saudi Arabia, as the cost of living is low. What options do we have for accommodation in Saudi Arabia? Over half of Saudi Arabia’s hospitals are owned and operated by the Ministry of Health. If you’d rather jump in a taxi, expect to pay about $0.86 per mile. ¼) without rent. However, it ranked as more expensive than other regional cities like Manama and Doha. This means many expats choose to rather buy or rent a private car. The cost of living in Saudi Arabia is generally lower or on par with other destinations in the Middle East. International Retirement: The Best Places to Retire Abroad, A gallon of milk will run you approximately $4.57. Saudi police arrested a woman for taking part in Kiki Challenge. One Saudi Riyal equals $0.27 USD, as of February 2018. Economic overview. You have to be a Saudi nationalist to own property, so the only option for expats is to rent. Rental options range from small studio apartments to four-bedroom flats. Saudi Arabia has many large supermarkets to choose from. Foreign children don't have access to public schools in Saudi Arabia. Copyright © 2016 Globe Media Ltd. All rights reserved. Looking for something a little out of the ordinary? Cancel Unsubscribe. Saudi 2020 budget forecasts a slight drop in spending as deficit . Saudi Arabia is a deeply conservative Islamic state. Which city in Saudi Arabia is best to live in? Expats who have these costs covered by their employers usually find living expenses in Saudi Arabia to be reasonable and enjoy a comfortable lifestyle. 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