Friday, August 27, 2010

Saudi Arabia, Riyadh - Cost of Living

Saudi Arabia's economy is petroleum-based; roughly 75% of budget revenues and 90% of export earnings come from the oil industry.

Riyadh is the capital and largest city of Saudi Arabia. Riyadh is a large metropolis and is a focal point for both travel and trade.

Riyadh has an overall cost of living index which equates it with middle cost of living locations. The overall cost of living index is comprised of the prices for defined quantities of the same goods and services across all 13 Basket Groups.

The latest cost of living rank for each of the 13 Basket Groups is now available.

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