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Report finds Qatar costliest GCC country to live in

Qatar Central BankQatar’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.

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.