Cost Of Living in Riyadh 2025

cost of living chart - average monthly expenditure in Riyadh

Average monthly spending for singles, couples, students, and families in Riyadh

Whether you're living in Riyadh or planning to move there, it is very important to know the cost of living and the prices of things. Here we list the average spending for the four main population groups.

Average Monthly Expenditure

Currency: SAR
1,400 14,000 210,000
MINIMUM AVERAGE MAXIMUM
$360 $3,600 $55,000

Monthly Expenditure ▶ Single

Currency: SAR
1,800 13,000 140,000
MINIMUM AVERAGE MAXIMUM
$480 $3,400 $37,000

Monthly Expenditure ▶ Couple

Currency: SAR
2,900 19,000 170,000
MINIMUM AVERAGE MAXIMUM
$760 $5,000 $46,000

Monthly Expenditure ▶ Family

Currency: SAR
4,400 22,000 220,000
MINIMUM AVERAGE MAXIMUM
$1,200 $5,900 $59,000

Monthly Expenditure ▶ Student

Currency: SAR
1,400 8,800 98,000
MINIMUM AVERAGE MAXIMUM
$360 $2,400 $26,000
Where do people choose to put their savings in Riyadh

Typical saving choices for people in Riyadh

Where do people choose to put their savings?


Saving Type% People
Emergency Funds10%
Gold9%
Savings Accounts18%
Retirement Accounts12%
Cash Savings15%
Real Estate10%
Investment6%
Stocks7%
Bonds7%
Mutual Funds3%
Certificates of Deposit4%
Housing and accommodation affordability, property price to income ratio, rent to income ratio, and housing affordability index chart in Riyadh

Housing costs, accommodation, and housing affordability in Riyadh

Rental costs and house/apartment prices can vary drastically between different areas and locations.


Rent Cost in Riyadh

Monthly Rent Prices

Studio apartment monthly rent cost

1,600 SAR 2,400 SAR 6,400 SAR
MINIMUM AVERAGE MAXIMUM
$430 $640 $1,700

1-bedroom apartment monthly rent cost

2,500 SAR 3,900 SAR 9,900 SAR
MINIMUM AVERAGE MAXIMUM
$660 $1,100 $2,600

2-bedroom apartment monthly rent cost

3,400 SAR 5,100 SAR 13,000 SAR
MINIMUM AVERAGE MAXIMUM
$900 $1,300 $3,600

3-bedroom apartment monthly rent cost

4,100 SAR 6,900 SAR 19,000 SAR
MINIMUM AVERAGE MAXIMUM
$1,100 $1,800 $5,000

Furnished apartment monthly rent cost

7,900 SAR 20,000 SAR 39,000 SAR
MINIMUM AVERAGE MAXIMUM
$2,100 $5,300 $11,000

Townhouse monthly rent cost

6,400 SAR 9,700 SAR 28,000 SAR
MINIMUM AVERAGE MAXIMUM
$1,700 $2,600 $7,400

House monthly rent cost

7,900 SAR 20,000 SAR 40,000 SAR
MINIMUM AVERAGE MAXIMUM
$2,100 $5,300 $11,000

Villa monthly rent cost

9,600 SAR 24,000 SAR 39,000 SAR
MINIMUM AVERAGE MAXIMUM
$2,600 $6,400 $10,000

The monthly rental cost of a studio apartment in Riyadh ranges between 1,600 SAR and 6,400 SAR, meanwhile the cost of monthly rental of a one-bedroom apartment can be anywhere from 2,500 SAR to 9,900 SAR. Two-bedroom rentals rate ranges between 3,400 SAR and 13,000 SAR per month. The monthly rental for a three-bedroom apartment ranges from 4,100 SAR to 19,000 SAR. The average rent of a townhouse in Riyadh is around 9,700 SAR while house rental costs can be as high as 20,000 SAR per month. Finally, if you want to rent a villa, expect to pay anywhere from 9,600 SAR to 39,000 SAR per month.



Apartment and house prices in Riyadh

Cost of buying a property

Studio apartment price

340,000 SAR 510,000 SAR 1M SAR
MINIMUM AVERAGE MAXIMUM
$90,000 $130,000 $270,000

1-bedroom apartment price

410,000 SAR 690,000 SAR 2.6M SAR
MINIMUM AVERAGE MAXIMUM
$110,000 $180,000 $690,000

2-bedroom apartment price

640,000 SAR 1.9M SAR 3.9M SAR
MINIMUM AVERAGE MAXIMUM
$170,000 $510,000 $1M

3-bedroom apartment price

2.2M SAR 3.3M SAR 9.9M SAR
MINIMUM AVERAGE MAXIMUM
$580,000 $880,000 $2.6M

Townhouse price

2.9M SAR 6.8M SAR 25M SAR
MINIMUM AVERAGE MAXIMUM
$770,000 $1.8M $6.8M

House price

3.5M SAR 21M SAR 30M SAR
MINIMUM AVERAGE MAXIMUM
$920,000 $5.5M $7.9M

Villa price

4.1M SAR 23M SAR 35M SAR
MINIMUM AVERAGE MAXIMUM
$1.1M $6.1M $9.2M

The average price of a studio apartment in Riyadh can range from 340,000 SAR to 1M SAR depending on location. One bedroom cost can be anywhere from 410,000 SAR to 2.6M SAR. A villa can cost you 23M SAR on average with prices ranging from 4.1M SAR to 35M SAR.


If you're leasing or purchasing, housing costs in Riyadh will probably constitute your biggest expenditure, yet it's an area where you wield considerable influence. This is due to the substantial variance in housing prices across communities. Keep in mind the location of your workplace and the accessibility of essential amenities to prevent negating the savings from lower rental rates with increased transportation expenses.

House / apartment prices to income ratio


Property price to income ratio

( average property price / average monthly income ) x 100


64 x190 monthly income 304
MINIMUM AVERAGE MAXIMUM

Property prices in Riyadh can be x190 to x304 multiples of the monthly income depending on the property and the income of the person. On average, property prices are approximately x190 multiples of the average monthly salary in Riyadh.



Rent to income ratio


Rent to income ratio

( monthly rental / monthly income ) x 100


29% 41% of income 53%
MINIMUM AVERAGE MAXIMUM

The average rent-to-income ratio in Riyadh is around 41%. This means that people pay 41% of their income for rent. Those figures can range from 29% to 53% depending on the salary, location, and type of property.


The housing-to-income ratio is a very important metric to evaluate and measure how affordable living is in a particular area, city, or country since housing comprises the biggest chunk of expenditure. A higher housing to income ratio means that the place is relatively expensive. The figure by itself does tell much. It only starts to make sense when comparing the housing to income ratio across different locations.

Housing affordability index

The housing affordability index measures how affordable accommodation is in a particular place. This can measured in multiple ways, the most common being housing expenditure to total expenditure ratio and the rent to income ratio. The housing expenditure ratio is a figure reported by individuals on the percentage they allocate for housing. Rent to income ratio is calculated by dividing the average monthly rent by the average income. Because these values are both percentages, we can find their average and get the best of the two worlds.

Housing Affordability Index
32%

Property Taxes

Real estate owners pay property taxes to local tax authorities, which are determined by the assessed value of their property. Typically, these taxes are paid once a year. Property tax funds contribute to community development, financing infrastructure improvements, public services, and local education initiatives.


FROM
2.4%
AVERAGE
3.4%
TO
4.4%

Home Maintenance Costs

Home maintenance costs encompass various expenses associated with the upkeep and repair of a residence. These expenditures include regular tasks such as lawn care, pest control, and HVAC system servicing, as well as occasional repairs and renovations like fixing leaks, painting, or replacing appliances.


27 SAR 270 SAR 4,100 SAR
MINIMUM AVERAGE MAXIMUM

Urban vs. rural living costs

Urban living typically entails higher housing and transportation costs due to demand and limited space, while rural areas generally offer lower housing expenses but may have higher prices for goods and services. The differnce in rental rates between urban areas and rural areas can be as high as 300% in some cases.

The figures displayed here are inclusive of everything: housing, travel, groceries, healthcare, etc.

Singles

The average monthly expense for a single person living in Riyadh is 13,000 SAR. Expenses can range from 1,800 SAR at the minimum level to 140,000 SAR at the highest end.


Couples

The average monthly spending of couples in Riyadh is 19,000 SAR. Expenditure can range from 2,900 SAR to 170,000 SAR per month.


Families

The average cost of living for families in Riyadh is 22,000 SAR per month. Families spend anywhere from 4,400 SAR to 220,000 SAR.


Students

The average monthly expenditure for students in Riyadh is 8,800 SAR. Students spend from 1,400 SAR to 98,000 SAR per month.


Spending behavior can change drastically from one person to another. It is best to consider the minimum, average, and maximum spending together.

Prices and cost of goods and services in Riyadh

Chart showing the prices and cost of grocery, food, restaurant meals, market, and beverages in Riyadh

Dining, food, and beverages costs


Fast food combo meal

17 SAR 33 SAR 56 SAR
MINIMUM AVERAGE MAXIMUM
$4.5 $8.9 $15

Restaurant meal for one

58 SAR 87 SAR 170 SAR
MINIMUM AVERAGE MAXIMUM
$15 $23 $46

Fine dining meal for one

110 SAR 170 SAR 670 SAR
MINIMUM AVERAGE MAXIMUM
$30 $45 $180

Cappuccino or latte

14 SAR 23 SAR 34 SAR
MINIMUM AVERAGE MAXIMUM
$3.8 $6.1 $9.2

Grocery and market costs


Milk large bottle

12 SAR 14 SAR 17 SAR
MINIMUM AVERAGE MAXIMUM
$3.1 $3.7 $4.6

12 eggs

8.3 SAR 11 SAR 17 SAR
MINIMUM AVERAGE MAXIMUM
$2.2 $3 $4.4

Fresh whole chicken

20 SAR 26 SAR 36 SAR
MINIMUM AVERAGE MAXIMUM
$5.3 $6.9 $9.7

Pack of beef

24 SAR 36 SAR 72 SAR
MINIMUM AVERAGE MAXIMUM
$6.4 $9.7 $19

Medium bag of rice

8.8 SAR 12 SAR 17 SAR
MINIMUM AVERAGE MAXIMUM
$2.3 $3.2 $4.6

Bag of tomatos

3.4 SAR 4.5 SAR 8.4 SAR
MINIMUM AVERAGE MAXIMUM
$0.89 $1.2 $2.2

Bag of apples

6.1 SAR 8 SAR 13 SAR
MINIMUM AVERAGE MAXIMUM
$1.6 $2.1 $3.5
Chart showing the prices and cost of commute, travel, and transportation in Riyadh

Commute, travel, and transportation costs


20 minutes taxi ride

15 SAR 18 SAR 35 SAR
MINIMUM AVERAGE MAXIMUM
$3.9 $4.7 $9.3

Average car full tank

84 SAR 110 SAR 220 SAR
MINIMUM AVERAGE MAXIMUM
$22 $30 $60

Average car 1-day rental

78 SAR 100 SAR 160 SAR
MINIMUM AVERAGE MAXIMUM
$21 $28 $42

Average car price

40,000 SAR 80,000 SAR 110,000 SAR
MINIMUM AVERAGE MAXIMUM
$11,000 $21,000 $28,000

Bus ticket one way

2.7 SAR 4 SAR 8 SAR
MINIMUM AVERAGE MAXIMUM
$0.71 $1.1 $2.1

Car Service

110 SAR 160 SAR 330 SAR
MINIMUM AVERAGE MAXIMUM
$29 $43 $87
Chart showing the prices and cost of utility, energy, water, and gas in Riyadh

Utility cost (monthly)


Utility Bill - Individual

93 SAR 660 SAR 7,300 SAR
MINIMUM AVERAGE MAXIMUM
$25 $170 $1,900

Utility Bill - Couple

97 SAR 710 SAR 8,000 SAR
MINIMUM AVERAGE MAXIMUM
$26 $190 $2,100

Utility Bill - Family

180 SAR 910 SAR 9,100 SAR
MINIMUM AVERAGE MAXIMUM
$49 $240 $2,400

Internet and cable

88 SAR 180 SAR 230 SAR
MINIMUM AVERAGE MAXIMUM
$23 $47 $62

Mobile phone charges

57 SAR 95 SAR 290 SAR
MINIMUM AVERAGE MAXIMUM
$15 $25 $76

Leisure and activities costs


Movie ticket

37 SAR 50 SAR 74 SAR
MINIMUM AVERAGE MAXIMUM
$9.9 $13 $20

One month gym membership

140 SAR 170 SAR 340 SAR
MINIMUM AVERAGE MAXIMUM
$36 $46 $91
Chart showing the prices and cost of clothing and accessories in Riyadh

Cloths and accessories costs


Pair of jeans or pants

100 SAR 150 SAR 220 SAR
MINIMUM AVERAGE MAXIMUM
$27 $39 $58

Woman dress

100 SAR 140 SAR 450 SAR
MINIMUM AVERAGE MAXIMUM
$27 $37 $120

Woman shoes

88 SAR 120 SAR 280 SAR
MINIMUM AVERAGE MAXIMUM
$23 $32 $74

Men's shoes

78 SAR 95 SAR 190 SAR
MINIMUM AVERAGE MAXIMUM
$21 $25 $51

Men suit

88 SAR 110 SAR 580 SAR
MINIMUM AVERAGE MAXIMUM
$23 $29 $160

Regular t-shirt

45 SAR 60 SAR 180 SAR
MINIMUM AVERAGE MAXIMUM
$12 $16 $48
Chart showing the prices and cost of housing, accommodation, and rent in Riyadh

Housing costs / monthly rent


Studio apartment

1,600 SAR 2,400 SAR 6,400 SAR
MINIMUM AVERAGE MAXIMUM
$430 $640 $1,700

1-bedroom apartment

2,500 SAR 3,900 SAR 9,900 SAR
MINIMUM AVERAGE MAXIMUM
$660 $1,100 $2,600

2-bedroom apartment

3,400 SAR 5,100 SAR 13,000 SAR
MINIMUM AVERAGE MAXIMUM
$900 $1,300 $3,600

Housing costs / Buying


Studio apartment

340,000 SAR 510,000 SAR 1M SAR
MINIMUM AVERAGE MAXIMUM
$90,000 $130,000 $270,000

1-bedroom apartment

410,000 SAR 690,000 SAR 2.6M SAR
MINIMUM AVERAGE MAXIMUM
$110,000 $180,000 $690,000

2-bedroom apartment

640,000 SAR 1.9M SAR 3.9M SAR
MINIMUM AVERAGE MAXIMUM
$170,000 $510,000 $1M
Chart showing the prices and cost of furniture in Riyadh

Furniture Costs


King Size Bed

1,700 SAR 2,100 SAR 2,800 SAR
MINIMUM AVERAGE MAXIMUM
$440 $550 $740

Double Bed

1,100 SAR 1,700 SAR 2,100 SAR
MINIMUM AVERAGE MAXIMUM
$300 $450 $560

Single Bed

1,000 SAR 1,300 SAR 1,700 SAR
MINIMUM AVERAGE MAXIMUM
$270 $360 $460

Living Room

2,000 SAR 2,500 SAR 8,900 SAR
MINIMUM AVERAGE MAXIMUM
$530 $680 $2,400

Dining Table

830 SAR 1,100 SAR 2,100 SAR
MINIMUM AVERAGE MAXIMUM
$220 $290 $550

Sofa or Couch

1,100 SAR 1,500 SAR 3,400 SAR
MINIMUM AVERAGE MAXIMUM
$300 $410 $900
Chart showing the prices and cost of electronic devices and appliances in Riyadh

Electronics and House Appliance Costs


TV Set

1,100 SAR 1,700 SAR 3,400 SAR
MINIMUM AVERAGE MAXIMUM
$300 $450 $910

Fridge or Freezer

1,000 SAR 1,600 SAR 2,200 SAR
MINIMUM AVERAGE MAXIMUM
$270 $420 $580

Washing Machine

1,200 SAR 1,800 SAR 3,200 SAR
MINIMUM AVERAGE MAXIMUM
$330 $480 $870

Stove or Cooker

1,200 SAR 1,500 SAR 2,100 SAR
MINIMUM AVERAGE MAXIMUM
$320 $400 $550

Mobile Phone

1,400 SAR 1,700 SAR 2,400 SAR
MINIMUM AVERAGE MAXIMUM
$380 $450 $650

Laptop or Computer

1,600 SAR 1,900 SAR 3,500 SAR
MINIMUM AVERAGE MAXIMUM
$420 $520 $930

Retirement, pension plans, and life after work in Riyadh

What does the retirement lifestyle look like in Riyadh and how much retirement savings are required?

Retirement age

The retirement age for most employees in is 65 years. Specific retirement ages can vary based on factors like occupation, gender, years of contribution, and location. It is not entirely unlikely for people to retire either before or after this age.

Retirement planning and savings

There are many retirement saving options, some are personally initiated and others are government-sponsered. Regardless of the source of savings, the minimum amount of money that needs to be put aside to ensure a peaceful and comfortable retirement at each age can be found in the table below. This data is largely approximated and can vary drastically based on individual needs and situations. Treat these figures as a general guideline.


The typical saved amount of money you should have at every age as multiples of monthly salary:
AgeAmount
255x monthly salary at age 25
3010x monthly salary at age 30
3515x monthly salary at age 35
4025x monthly salary at age 40
4532x monthly salary at age 45
5048x monthly salary at age 50
5556x monthly salary at age 55
6064x monthly salary at age 60
6578x monthly salary at age 65

The typical average saved amount of money you should have at every age in Riyadh:
AgeAmount
2532,000 SAR
3065,000 SAR
35120,000 SAR
40170,000 SAR
45240,000 SAR
50340,000 SAR
55420,000 SAR
60530,000 SAR
65590,000 SAR

Retirement Income Distribution

We asked residents about their retirement income sources and below are the results.

Source% People
Pensions14%
Savings21%
Investments14%
Social Security9%
Annuities9%
Part-time Job9%
Real Estate16%
Dividends and Interest9%

Retirement Monthly Expenses in Riyadh

1,000 SAR
$270
9,100 SAR
$2,400
100,000 SAR
$27,000
MINIMUM AVERAGE MAXIMUM
Reasons that make it difficult for people to save money in Riyadh

Saving Challenges in Riyadh

Reasons that make it difficult for people to save money

We wanted to understand what is stopping people from maximizing their savings in Riyadh. Listed below are the answers given by the survey participants.


Reason% People
Low Income7%
High Expenses10%
Debt and Loans19%
Lack of Budgeting Skills10%
Impulsive Spending9%
Financial Emergencies6%
Living the moment7%
Will do it later16%
Inflation10%
Social Pressure4%
Market Instability3%

Around 7% of the people said that their salary is too low to accommodate a portion for savings while 10% said that the high cost of living leaves little room for savings. 19% of the residents said that they are burdened with debt and find it challenging to save money. 10% reported that they just don't have the knowledge or discipline to create and stick to a budget, leading to overspending and an inability to save. 9% blamed impulsive spending as the reason for saving inability. Around 6% said that unexpected expenses like medical bills or car repairs are derailing their savings goals. 7% bluntly said that they don't see the purpose of it and prefer to live each day to the fullest. 16% reported that they understand the value of saving but are putting off saving for the future, thinking they have plenty of time to start later. 10% blamed inflation, saying that every time they save some money they end up using it immediately. A surprising 4% said that social pressure and keeping up with peers or social expectations makes them overspend. Lastly, 3% blamed market instability and price fluctuations.

Distribution of monthly cost of living expenses in Riyadh

How do people spend their money in Riyadh?

We asked thousands of people about their spending habits and expenditure breaks. Below are their answers.

The percentage figures in this section are percentages of total spending not income. If you would like to see the percentage of expenses as related to income or salary, see other sections.

Housing Expenditure28%

28% of total expenses on average (17% to 36%)

LOW$110   410 SAR
AVERAGE$1,100   4,100 SAR
HIGH$16,000   62,000 SAR
Per Month

People living in Riyadh typically spend from 17% to 36% of their total monthly expenditure on housing with 28% being the average. The average spend on housing is 4,100 SAR with expenditure ranging from 410 SAR to 62,000 SAR. This cost mainly goes for rent but it also includes other accommodation-related expenses. Housing costs are highest for families and lowest for students as expected.

Utilities, Electricity, Water, Internet, Mobile6%

6% of total expenses on average (3% to 10%)

LOW$16   61 SAR
AVERAGE$160   610 SAR
HIGH$2,400   9,100 SAR
Per Month

Utility expenditure like electricity, water, and gas in Riyadh ranges from 3% to 10% of total expenses with 6% being the average. The average monthly cost of utilities is 610 SAR with 61 SAR and 9,100 SAR being the upper and lower limits.

Transport, Fuel, Commute9%

9% of total expenses on average (4% to 13%)

LOW$35   130 SAR
AVERAGE$350   1,300 SAR
HIGH$5,200   20,000 SAR
Per Month

Fuel consumption and cost of transport depend heavily on whether you live near your work or school, but roughly speaking you would expect to spend from 130 SAR to 20,000 SAR on commuting with 1,300 SAR being the norm for most people in one month. This means that money spent on transport constitutes about 9% of total spending on average but can go as low as 4% or as high as 13%.

Food and Groceries Cost26%

26% of total expenses on average (18% to 32%)

LOW$85   320 SAR
AVERAGE$850   3,200 SAR
HIGH$13,000   48,000 SAR
Per Month

The average outlay on groceries in a month in Riyadh is 3,200 SAR. The cost of groceries can range between 320 SAR to 48,000 SAR. People spend on average about 26% on food and groceries with upper and lower bounds of 18% and 32% respectively.

Healthcare and Medical Services8%

8% of total expenses on average (3% to 11%)

LOW$21   79 SAR
AVERAGE$210   790 SAR
HIGH$3,200   12,000 SAR
Per Month

People in Riyadh allocate 3% to 11% of their total monthly expenditure to healthcare including health insurance and out-of-pocket medical expenses. The average spending is around 8%. The range of medical expenses range from 79 SAR to 12,000 SAR with 790 SAR being the norm.

Leisure and Shopping6%

6% of total expenses on average (3% to 10%)

LOW$14   51 SAR
AVERAGE$140   510 SAR
HIGH$2,000   7,600 SAR
Per Month

This category mostly contains discretionary or non-essential expenses but also some non-discretionary spending like furniture for example. The monthly expenses range from 51 SAR to 7,600 SAR with 510 SAR being the average. Speaking of percentages, that equates to 3% to 10% of total expenses with an average of 6% for most residents.

Education and Schooling6%

6% of total expenses on average (4% to 12%)

LOW$20   76 SAR
AVERAGE$200   760 SAR
HIGH$3,100   11,000 SAR
Per Month

Spending on education can vary drastically between different people. While working singles can spend 0% on education, families and students' expenditure can reach up to 22%. On average, education constitutes 6% of the monthly expenditure with 4% and 12% being the lower and upper bounds respectively. The average reported education cost is 760 SAR per month with 76 SAR being the minimum spent amount and 11,000 SAR being the maximum.

Other Expenses11%

11% of total expenses on average (6% to 18%)

LOW$46   170 SAR
AVERAGE$460   1,700 SAR
HIGH$6,900   26,000 SAR
Per Month
A typical and healthy budgeting structure. The 50-30-20 rule

A typical and healthy budgeting structure

The 50/30/20 rule

Spending among different people can vary significantly based on factors such as their income, lifestyle, location, and personal preferences. A commonly used guideline for budgeting is the 50/30/20 rule, which suggests allocating your income into three main categories in the following percentages.

  • 50% for needs and financial obligations

    This category includes essential expenses like housing, utilities, groceries, transportation, and healthcare.

  • 30% for wants and discretionary spending

    This category covers discretionary spending on non-essential items, such as dining out, entertainment, travel, and other lifestyle choices.

  • 20% for savings and emergency fund

    This is the percentage that must be allocated to savings, emergency funds, and retirement accounts.

About financial planning, money management, and household budgeting

The 50/30/20 rule is used as a general guideline but may not be the best choice for all people. There are in fact many budgeting plans out there like the 70/20/10 and the 60/20/20 rules, all claiming to be the best. More important than all of this is to establish financial discipline by creating a budget tailored to your specific financial goals and situation. It is very important that your financial outflow be less than your income to maintain a healthy cash flow.

Financial literacy and difficulty in budgeting and financial planning in Riyadh

Financial Literacy in

Financial literacy is the knowledge of concepts and principles related to personal finance that allow individuals to make informed decisions regarding their money such as budgeting, saving, investing, borrowing, managing debt, financial risk management, and planning.

Financial Leteracy71%


We asked residents of whether they acquired any adequate personal financial training in their lives. Approximately 29% of the people who participated in the survey said that they are not well informed about the topics of budgeting, saving, etc., and just manage things based on their own experience, while 71% said that they know about the general principles of personal finance from sources other than their own experience.


Difficulty in Budgeting and Financial Planning

We wanted to understand whether residents of have problems or difficulties in managing their expenditures and savings so we asked people one simple question: do you struggle with your personal finances? 31% of the participants reported that they indeed struggle in creating budgets and in organizing their finances while 69% said that they have everything under control.

Struggles with finance31%

Easily manages finances69%

Food Prices, Dining Expenses, and Grocery Costs in Riyadh

Grocery / Food expenditure and prices can vary drastically between different areas and locations.


Prices and cost of goods and services in Riyadh

Dining out, food, and beverages costs. Price variations for common food items.

Fast food combo meal price

17 SAR 33 SAR 56 SAR
MINIMUM AVERAGE MAXIMUM
$4.5 $8.9 $15

The average price of a regular combo meal at a fast food outlet or chain like McDonald's, Pizzahut, or KFC in Riyadh is approximatly 33 SAR with meal cost ranging from 17 SAR to 56 SAR. The typical combo meal consists of a burger, french fries, and a drink.

Restaurant meal for one price

58 SAR 87 SAR 170 SAR
MINIMUM AVERAGE MAXIMUM
$15 $23 $46

If you are planning to have a nice meal at a mid-range restaurant, expect to pay anywhere between 58 SAR and 170 SAR with 87 SAR being the average price of a plate for one person at a regular restaurant in Riyadh.

Fine dining meal for one price

110 SAR 170 SAR 670 SAR
MINIMUM AVERAGE MAXIMUM
$30 $45 $180

The price range of a meal at fine-dining restaurant is 110 SAR to 670 SAR with the average cost being 170 SAR for one person. This is what you would expect to pay a top-tier diner in Riyadh.

Beverage prices, cappuccino, latte etc..

14 SAR 23 SAR 34 SAR
MINIMUM AVERAGE MAXIMUM
$3.8 $6.1 $9.2

The average price of a regular beverage like cappuccino or latte at Starbucks, Costa, or similar coffee shops and cafes in Riyadh is around 23 SAR. Price ranges between 14 SAR and 34 SAR depending on the type of beverage, the size, and optional add-ons.



Grocery and market costs

Large bottle of milk price

12 SAR 14 SAR 17 SAR
MINIMUM AVERAGE MAXIMUM
$3.1 $3.7 $4.6

The average price of a large bottle of milk in Riyadh is 14 SAR. The maximum what you would pay for milk is 17 SAR and the minimum being 12 SAR depending on the brand of milk and other properties.

12 eggs price

8.3 SAR 11 SAR 17 SAR
MINIMUM AVERAGE MAXIMUM
$2.2 $3 $4.4

A dozen eggs costs around 11 SAR on average with 8.3 SAR and 17 SAR being the lower and upper limits respectively.

Fresh whole chicken price

20 SAR 26 SAR 36 SAR
MINIMUM AVERAGE MAXIMUM
$5.3 $6.9 $9.7

The price range of a fresh whole chicken in Riyadh is between 20 SAR and 36 SAR depending on the size of the chicken and whether it is oraganic or not. The average price is approximatly 26 SAR.

Pack of beef price

24 SAR 36 SAR 72 SAR
MINIMUM AVERAGE MAXIMUM
$6.4 $9.7 $19

The price of a regular pack of beef or meat is around 36 SAR. A pack of beef contains around 1Kg or 1lb depending on packing.

Medium bag of rice price

8.8 SAR 12 SAR 17 SAR
MINIMUM AVERAGE MAXIMUM
$2.3 $3.2 $4.6

A bag of rice in Riyadh costs around 12 SAR on average with prices rangeing between 8.8 SAR and 17 SAR depending on the brand and quality.

Bag of tomatos price

3.4 SAR 4.5 SAR 8.4 SAR
MINIMUM AVERAGE MAXIMUM
$0.89 $1.2 $2.2

A bag of tomatoes costs anywhere from 3.4 SAR to 8.4 SAR. A bag of tomatoes denotes 1Kg or 1lb depending on location.

Bag of apples price

6.1 SAR 8 SAR 13 SAR
MINIMUM AVERAGE MAXIMUM
$1.6 $2.1 $3.5

A bag of apples costs 8 SAR on average. A bag of apples denotes 1Kg or 1lb depending on location.


Grocery and food expenditure to income ratio


( monthly grocery expenses / monthly income ) x 100


18% 28% of income 35%
MINIMUM AVERAGE MAXIMUM

The average grocery-to-income ratio in Riyadh is around 28%. This means that people spend 28% of their income on grocery and basic household items. The expenditure can range from 18% to 35% depending on salary and location.


Expenditure on food and grocery for every population group

A single person living alone spends approximately 1,800 SAR per month on grocery and food with expenditure fluctuating between 260 SAR and 20,000 SAR depending on location and the type of person. The average cost of food and groceries for a couple is around 2,300 SAR per month. That number can be get as low as 360 SAR or a high as 21,000 SAR. Families' spending on grocery ranges from 690 SAR to 34,000 SAR with the location, income, and size of the family being the most determinite factors.

Income and cost of living compatibility. Is it affordable or economical to live in Riyadh

Affordable living in Riyadh

Income and cost of living compatibility

We asked residents one simple question and recorded their answers.

Is it affordable or economical to live in Riyadh?


Yes
76%
No
24%

Around 76% of surveyed residents think that living in Riyadh is affordable with proper budgeting while 24% reported that it is just too expensive and not affordable even with frugality and thriftness.

Expenditure to Income Ratio in Riyadh

One of the most definite ways to determine how affordable a place is measuring the ratio of expenses to salary. A high expense-to-income to ratio indicates a high cost-of-living index while a low expenditure-to-salary ratio means the place is affordable to live in.

Cost of living and expenditure to income ratio in Riyadh

Spending to Income Ratio

93%

83% to 100%

( expenditure / income ) x 100


Expense to income distribution levels

Spending To Income Ratio% People
< 50%7%
50% - 60%12%
60% - 70%19%
70% - 80%27%
80% - 90%14%
90% - 100%8%
100% - 110%5%
110% - 120%3%
120% - 130%2%
130% - 140%1%
> 140%1%

Interpretation and Analysis

The average spending-to-salary ratio in Riyadh is 93% This means that on average, people spend around 93% of their income for living. According to the distribution table, 19% of the population spend approximately 60% to 70% of their income every month.


How can spending be more than income?

A value higher than 100% means that the expenditure of those people is higher than their income. They are spending more than what they earn. This is possible in two scenarios. They are either borrowing from their savings to survive or they are borrowing from other sources (relatives, friends, banks, etc.). More about this in the debt section.



Individual
86%
Spending-Income-Ratio
76%
96%

Couple
93%
Spending-Income-Ratio
82%
100%

Family
95%
Spending-Income-Ratio
85%
110%
Financial goals and targets of people living in Riyadh

Financial goals of people in Riyadh

In an attempt to understand the economic situation in Riyadh, we asked participants about their financial targets. By knowing what the population in general is trying to achieve, we can shed light on the economic outlook, cost of living, and quality of life in general.


Financial Goal% People
Emergency Fund6%
Debt Reduction30%
Retirement Savings7%
Education Funding9%
Homeownership16%
Investing9%
Travel or Lifestyle12%
Healthcare Expenses8%
Financial Independence9%

Around 6% of those who participated in the survey said that their main goal is to establish an emergency fund to cover unexpected expenses while 30% said their number one priority is to pay off high-interest debt or loans and improve credit. 7% of surveyed people confirmed that saving for retirement to ensure a comfortable lifestyle in the final years is their main target. Around 9% reported that their priority is saving for the tuition fees and education costs of their children while 16% choose to buy a home or pay off existing mortgage before other things. 9% of the population would like to build wealth through investments such as stocks, bonds, mutual funds, or real estate. For 12% of people, saving for vacations or upgrading their lifestyle is the number one concern. Approximately 8% of the residents said that saving for healthcare expenses including insurance premiums is their main goal.

Emergency Funds

An emergency fund is a financial safety net comprised of easily accessible savings set aside to cover unexpected expenses or financial emergencies, typically amounting to three to six months' worth of living expenses. We asked residents whether they have an emergency fund and the answers were as follows.

Yes72%

No28%


Based on the survey, 28% of the people living in Riyadh said that they don't have an emergency fund while 72% said that they do.

Chart showing the percentage of people who are in debt in Riyadh

Debt, loans, and mortgages in Riyadh


Percentage of people who are in debt


In Debt
29%
Debt Free
71%

According to the survey, 29% of the people in Riyadh have some kind of debt, loan, mortgage, or credit card payments while 71% reported that they don't have financial obligations to banks.


Chart showing debt-to-income ratio in Riyadh

Debt-to-income ratio in Riyadh

Debt to income ratio

26%

16% to 36%

( monthly debt payment / monthly income ) x 100

Interpretation

The debt-to-income ratio measures the percentage of income being paid as debt settlement across the population. It is calculated by dividing the monthly debt settlement payment of an individual by their monthly income. Based on collected data, approximately 26% of the people's monthly income in Riyadh goes to debt settlement.


Debt levels

Monthly debt settlement payment as percentage of monthly income

Debt-to-income ratio% People
> 60%2%
50% - 60%10%
40% - 50%10%
30% - 40%12%
20% - 30%16%
10% - 20%20%
0% - 10%28%

According to our data, 2% of the debtors in Riyadh pay 60%+ of their income as debt settlement while 10% of the people pay 50% to 60% of their income for the same, which is quite an alarming financial situation for those individuals. 10% of people in debt dedicate 40% to 50% of their income to loan and mortgage payments while 12% dedicated 30% to 40% of income for same. Things are looking brighter for 16% of individuals as they only pay 20% to 30% of their income for loan and credit card repayment.


Distribution by type of debt in Riyadh

Debt% People
Real Estate Mortgage14%
Auto Loan24%
Student Loan3%
Credit Card24%
Personal Loan35%

14% of debtors in Riyadh confirm that real estate mortgages constitutes the main part of their outstanding debt while 24% say that credit card payments are the reason they are in debt. Auto loans were the main type of debt for 24% of people and personal loans rose at 35%. Lastly, student loans are the main source of debt for 3% of debtors in Riyadh.


About credit score and debt management

Managing debt is a critical aspect of maintaining a favorable credit score. Debt reduction is the first thing you should do improve your financial situation. Getting rid of debt takes precedence over saving money because of interest rates.

Good debt vs. Bad debt

Not all debt is bad. Good debt typically refers to borrowing money for investments that can increase in value or generate income over time like purchasing a home or acquiring student loans. On the other hand, bad debt involves borrowing for things that fail to generate lasting value like high-interest credit card debt used for non-essential expenses like luxury items or vacations.


Loan Affordability Index in Riyadh

Besides measuring the loan-to-income ratio, we asked residents how many times in a year they defaulted or were unable to pay their due credit card or loan payments on time. Understanding how often people default on their due payments is one of the indicators of the cost of living and economic situation.

Frequency and percentage of people who failed to pay their monthly credit card or loan payments on time last year.

Frequency% People
Never56%
Once a year21%
Twice a year11%
Three times a year8%
Four times a year3%
How easily is cost-cutting. Are there plenty of low-cost options in Riyadh

Low-cost alternatives in Riyadh

People are always looking for ways to cut down expenses and reduce expenditures. The hallmark of any affordable place is the availability of discount stores, bargain deals, smart or secondhand shopping, refurbished items, and couponing. We asked residents how easily cost-cutting is and the answers were distributed as follows:

Plenty of low-cost options60%

Few low-cost options40%


Based on the survey, 60% of the people living in Riyadh have no problem finding low-cost alternatives to support a frugal lifestyle while 40% think that thriftness is difficult due to scarcity in discount markets and secondhand outlets.

Percentage of people who manage to save money from their income every month in Riyadh

How much money can you save in Riyadh every month?

We asked thousands of people what percentage of their income can they save in a month. Below are the answers.


What percentage of people in Riyadh manage to save money from their income every month?


Saving Money
73%
Not Saving
27%

Almost 73% of the surveyed people in Riyadh said that they can save some money at the end of each month while 27% said that aren't saving anything.


Percentage of people saving money by population group in Riyadh

GroupSaversNon Savers
Singles82%18%
Couples80%20%
Families71%29%

Savings-to-Income Ratio

The savings-to-income ratio is measured as the percentage of income that people save over a specific period and it is simply calculated by dividing the saved money by total income and then multiplying the result by 100. (Savings / Income) x 100.


Savings to income ratio in Riyadh

Saving to Income Ratio

16% 27% of income 40%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

600 SAR
$160
6,000 SAR
$1,600
90,000 SAR
$24,000
MINIMUM AVERAGE MAXIMUM

For most people, 16% to 40% of their monthly income is what they can allocate to their savings, with 27% being the average. The amount of money that people can save is approximately 6,000 SAR on average with savings ranging from 600 SAR to 90,000 SAR.

82% of surveyed singles reported some of their income going to savings while 80% of couples said the same. 71% of families confirmed their ability to save money.


How much money do people actually save in Riyadh?

The amount of money that people can afford to save depends hugely on their income. It is better to focus on the percentage when trying to understand saving patterns.


Singles

Saving to Income Ratio

20% 32% of income 42%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

570 SAR
$150
5,200 SAR
$1,400
57,000 SAR
$15,000
MINIMUM AVERAGE MAXIMUM

Savings to income distribution levels for singles

Saving To Income Ratio% Singles
0% - 10%28%
10% - 20%22%
20% - 30%15%
30% - 40%17%
40% - 50%13%
> 50%5%

Interpretation and Analysis

Singles who can afford to save reported that they allocate from 20% to 42% of their monthly income to savings, with 32% being the average for most singles. The average amount of money that singles are able to save is 5,200 SAR with 570 SAR and 57,000 SAR being the minimum and maximum respectively.


Couples

Saving to Income Ratio

18% 30% of income 42%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

1,200 SAR
$310
7,700 SAR
$2,000
71,000 SAR
$19,000
MINIMUM AVERAGE MAXIMUM

Savings to income distribution levels for couples

Saving To Income Ratio% Couples
0% - 10%32%
10% - 20%24%
20% - 30%18%
30% - 40%12%
40% - 50%10%
> 50%4%

Interpretation and Analysis

Couples who confirmed their ability to save reported saving equivalent to 18% to 42% of their monthly income, with 30% being the average for most couples. The average amount of money that couples can save is 7,700 SAR with 1,200 SAR and 71,000 SAR being the minimum and maximum respectively.


Families

Saving to Income Ratio

15% 25% of income 35%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

1,800 SAR
$480
9,000 SAR
$2,400
90,000 SAR
$24,000
MINIMUM AVERAGE MAXIMUM

Savings to income distribution levels for families

Saving To Income Ratio% Families
0% - 10%35%
10% - 20%27%
20% - 30%19%
30% - 40%9%
40% - 50%7%
> 50%3%

Interpretation and Analysis

Families in Riyadh can save anywhere between 15% to 35% of their monthly income, with 25% being the average for most families. The average amount of money that families can put aside is 9,000 SAR with 1,800 SAR and 90,000 SAR being the minimum and maximum respectively.

Monthly costs and expenses of energy and basic utilities in Riyadh

Utilities expenditure can vary slightly between different areas and locations.


Energy, electricity, water, gas, internet, and mobile cost in Riyadh

Utility Bill Cost / Electricity + Water + Gas / Individual

93 SAR 660 SAR 7,300 SAR
MINIMUM AVERAGE MAXIMUM
$25 $170 $1,900

Utility Bill Cost / Electricity + Water + Gas / Couple

97 SAR 710 SAR 8,000 SAR
MINIMUM AVERAGE MAXIMUM
$26 $190 $2,100

Utility Bill Cost / Electricity + Water + Gas / Family

180 SAR 910 SAR 9,100 SAR
MINIMUM AVERAGE MAXIMUM
$49 $240 $2,400

Internet and cable cost

88 SAR 180 SAR 230 SAR
MINIMUM AVERAGE MAXIMUM
$23 $47 $62

Mobile phone bill and charges

57 SAR 95 SAR 290 SAR
MINIMUM AVERAGE MAXIMUM
$15 $25 $76

Because most utility bills club electricity, water, and gas costs in one bill, we can't provide a breakup for each type of utility and will display electricity, gas, and water as single cost.


The average monthly expenditure for individuals on electricty, water, and gas in Riyadh ranges between 93 SAR and 7,300 SAR with average being 660 SAR, meanwhile the expenditure of couples is slightly higher at 710 SAR with 97 SAR and 8,000 SAR being the upper and lower limits respectively. As expected, the energy and water consumption of families is the highest among the three groups with an average of 910 SAR. The cost of internet and WiFi is unchanged among the three groups and ranges from 88 SAR to 230 SAR with 180 SAR being the average internet bill. Finally, the average monthly mobile charges is around 95 SAR but can range between 57 SAR and 290 SAR depending on consumption. Mobile charges include both calling minutes as well as data packages.


Energy / Utility expense to income ratio


( monthly utility expenses / monthly income ) x 100


1.2% 4.7% of income 9.4%
MINIMUM AVERAGE MAXIMUM

The average utility-to-income ratio in Riyadh is around 4.7%. This means that people pay 4.7% of their income for energy, water, internet, and mobile charges. Those figures can range from 1.2% to 9.4% depending on salary and location.

Cost of living comparison by city

#1 Tabuk

The average cost of living in Tabuk is 8,300 SAR, which is 43% less than the country average. Tabuk is ranked first in Saudi Arabia in terms of expendenture and cost of living.


#2 Taif

The average cost of living in Taif is 8,900 SAR, which is 43% less than the country average. Taif is ranked second in Saudi Arabia in terms of expendenture and cost of living.


#3 Abha

The average cost of living in Abha is 9,500 SAR, which is 36% less than the country average. Abha is ranked third in Saudi Arabia in terms of expendenture and cost of living.


#4 Khubar

The average cost of living in Khubar is 10,000 SAR, which is 29% less than the country average. Khubar is ranked fourth in Saudi Arabia in terms of expendenture and cost of living.


#5 Dammam

The average cost of living in Dammam is 11,000 SAR, which is 21% less than the country average. Dammam is ranked fifth in Saudi Arabia in terms of expendenture and cost of living.


#6 Medina

The average cost of living in Medina is 11,000 SAR, which is 21% less than the country average. Medina is ranked sixth in Saudi Arabia in terms of expendenture and cost of living.


#7 Mecca

The average cost of living in Mecca is 12,000 SAR, which is 14% less than the country average. Mecca is ranked seventh in Saudi Arabia in terms of expendenture and cost of living.


#8 Jeddah

The average cost of living in Jeddah is 13,000 SAR, which is 7.1% less than the country average. Jeddah is ranked eighth in Saudi Arabia in terms of expendenture and cost of living.


#9 Riyadh

The average cost of living in Riyadh is 14,000 SAR, which is same as the country average. Riyadh is ranked ninth in Saudi Arabia in terms of expendenture and cost of living.


Published: March 5, 2024   Last Update: April 6, 2025



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