Question 1

How far does your money go in Business Bay compared with the US?

Accepted Answer

Based on the current PPP estimate, the same home-country income goes about 1.5x further in Business Bay. We are using the country-level cost index for United Arab Emirates here because a defensible city-level aggregate index is not available yet.

Question 2

Is Business Bay cheaper or more expensive overall than New York City?

Accepted Answer

Overall living costs are about 45% cheaper than New York City for Business Bay. We are using the country-level cost index for United Arab Emirates here because a defensible city-level aggregate index is not available yet.

Question 3

How does rent in Business Bay compare with New York City?

Accepted Answer

Rent are about 60% cheaper than New York City in Business Bay. We are using the country-level cost index for United Arab Emirates here because a defensible city-level aggregate index is not available yet.

Question 4

How expensive are groceries and restaurants in Business Bay?

Accepted Answer

Groceries are about 56% cheaper than New York City and restaurant prices are about 44% cheaper than New York City. We are using the country-level cost index for United Arab Emirates here because a defensible city-level aggregate index is not available yet.

Business Bay, United Arab Emirates

Purchasing Power vs. United States

How Far Your Money Goes

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