Cost of Living in Riyadh

Cost Guide for Riyadh, Saudi Arabia

Riyadh, the capital city of Saudi Arabia, is a vibrant and bustling metropolis with a unique mix of modernity and tradition. From upscale shopping malls to historical landmarks, Riyadh offers a diverse range of experiences for residents and visitors alike. In this comprehensive cost guide, we will delve into the various aspects of living in Riyadh, including rent ranges by neighborhood, coworking costs, SIM/data plans, food costs, transport passes, gym memberships, internet speeds, safety notes, neighborhood comparison, and a monthly budget breakdown.

Rent Ranges by Neighborhood: Riyadh is divided into several neighborhoods, each offering its own unique atmosphere and amenities. The rental prices in Riyadh can vary significantly depending on the location and the type of accommodation. Here is an overview of the average monthly rent for a one-bedroom apartment in popular neighborhoods:

- Al Olaya: SAR 3,000 - SAR 6,000 - Al Malaz: SAR 2,500 - SAR 4,500 - Al Hamra: SAR 2,000 - SAR 3,500 - Al Murabba: SAR 2,800 - SAR 5,000 - Al Wadi: SAR 2,200 - SAR 4,000

Coworking Costs: For freelancers, entrepreneurs, and remote workers looking for shared office space, Riyadh offers a variety of coworking spaces with modern facilities and amenities. The monthly cost for a hot desk in a coworking space in Riyadh ranges from SAR 500 to SAR 1,000, depending on the location and the services included.

SIM/Data Plans: Mobile phone usage is widespread in Riyadh, with several telecom providers offering competitive SIM card and data plans. A prepaid SIM card with data in Riyadh costs around SAR 50 to SAR 100, depending on the data allowance and validity period.

Food Costs: Riyadh boasts a diverse culinary scene, with a wide range of dining options to suit every taste and budget. On average, a meal at a mid-range restaurant in Riyadh costs around SAR 50 to SAR 100 per person. For those looking to save money, street food stalls and local eateries offer delicious meals for as little as SAR 10 to SAR 20.

Transport Passes: Public transportation in Riyadh is limited, with taxis and ride-hailing services being the most common modes of getting around the city. A taxi ride within the city centre typically costs between SAR 20 to SAR 50, depending on the distance. For frequent travellers, a monthly subscription to ride-hailing services like Uber or Careem can cost around SAR 500 to SAR 800.

Gym Memberships: Staying fit and healthy is important to many residents of Riyadh, and the city offers a diverse range of gyms and fitness centres. The average monthly cost of a gym membership in Riyadh ranges from SAR 200 to SAR 500, depending on the facilities and location.

Internet Speeds: Riyadh is well-connected in terms of internet infrastructure, with reliable high-speed internet available in most areas. The average internet speed in Riyadh ranges from 20 Mbps to 100 Mbps, depending on the service provider and the package chosen.

Safety Notes: Riyadh is known for being a safe city with low crime rates. However, it is always advisable to exercise caution and be aware of your surroundings, especially when travelling alone or at night. Respect local customs and traditions to ensure a smooth and safe experience in Riyadh.

Neighborhood Comparison: Each neighborhood in Riyadh has its own unique charm and character, catering to different preferences and lifestyles. Al Olaya is ideal for expats and professionals, with upscale shopping malls and international restaurants. Al Malaz offers a more traditional atmosphere, with bustling markets and historic landmarks. Al Hamra is known for its family-friendly environment, with parks and recreational facilities. Al Murabba boasts a rich cultural heritage, with museums and art galleries. Al Wadi is a residential area popular with families, offering a peaceful and serene environment.

Monthly Budget Breakdown: To give you an idea of the monthly expenses in Riyadh, here is a sample budget breakdown for a single person:

- Rent (One-bedroom apartment in city centre): SAR 3,500 - Food (Groceries and dining out): SAR 1,500 - Transportation (Taxis and ride-hailing services): SAR 600 - Utilities (Electricity, water, internet): SAR 500 - Gym Membership: SAR 300 - Miscellaneous (Entertainment, shopping, etc.): SAR 500

Total Monthly Budget: SAR 6,900

In conclusion, living in Riyadh offers a unique blend of modern amenities, cultural experiences, and a high quality of life. By considering the cost factors outlined in this guide, you can plan your budget effectively and enjoy all that Riyadh has to offer.