Search Site

Trends banner

Emirates Islamic Q1 profit $394m

The bank's profit crossed AED 1bn mark for the first time.

Boeing to sell some assets to Thoma Bravo

The $10.55 bn sale includes portions of digital aviation solutions business.

TSMC first-quarter net profit soars

Its net revenue for the quarter soared nearly 42%.

Tesla’s first Saudi showroom opens

The opening in Riyadh comes with Tesla sales dropping.

Mubadala Energy enters US energy market

Acquires a 24.1% interest in US firm Kimmeridge’s SoTex

Riyadh, Jeddah among world’s least expensive cities

  • Key global reports list Saudi Arabia's Riyadh and Jeddah among the world's least expensive cities for living. TRENDS finds out the cost of living in other cities of the Kingdom
  • Affordability and stability of Saudi cities make them attractive destinations for both locals and expatriates seeking a cost-effective living environment, TRENDS points out

RIYADH — Riyadh and Jeddah, two prominent Saudi Arabian cities, are among the world’s least expensive cities in terms of living costs, recent reports, including the Economist Intelligence Unit (EIU), point out.

These key global reports highlighted the stability and affordability of living in these cities, with price controls on staple goods in Saudi Arabia ensuring low prices for many items. Both Riyadh and Jeddah were also commended for their value for money, particularly when purchasing everyday items such as bread and cigarettes.

While the latest reports underscore the affordability and economic stability of Riyadh and Jeddah, TRENDS compares the two places with other important Saudi cities and finds out what makes them attractive destinations for both locals and expatriates seeking a cost-effective living environment.