Lebanon takes the Regional Lead in the Cost of Living

  • Beirut, Lebanon
  • 19 July 2022
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Lebanon, with a difference of only 6 places, came close to being at the top of the world rankings for the "worst" quality of life index, after Beirut ranked 242 out of 248 cities around the world included in an international report.

In parallel, the Lebanese capital took the regional lead in the cost of living among Arab cities, and thus advanced to the 12th place globally, approaching the reference cost in New York City, which is adopted as an indicator for measurement.

Beirut emerged as the most expensive city among the Arab cities, when comparing its price level with the prices in New York City. According to a report by the International “Nambio” Institute for Statistics; Its cost of living index reached 95.65 points, which is only 4.35 percent lower than the 100-point measurement unit for the American city. In comparison, Doha ranked second in the cost of living index regionally and 225 globally, with a score of 60.91 points. Abu Dhabi ranked third in the region and 261st globally, with a score of 56.13 percentage points.

In parallel, the capital, Beirut, ranked last among Arab cities and 242nd in a list of 248 cities in the world included in the measurement of the quality of life index for mid-2022 issued by “Nambio”. Beirut achieved a low score of 66.54 points, compared to 225.26 points for the global result of the highest quality of life recorded by the Australian city of Canberra.

Source (Al-Sharq Al-Awsat Newspaper, Edited)