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
1,200 15,000 150,000
MINIMUM AVERAGE MAXIMUM
$310 $4,000 $40,000

Monthly Expenditure ▶ Single

Currency: SAR
1,500 10,000 69,000
MINIMUM AVERAGE MAXIMUM
$400 $2,800 $19,000

Monthly Expenditure ▶ Couple

Currency: SAR
5,800 17,000 93,000
MINIMUM AVERAGE MAXIMUM
$1,500 $4,600 $25,000

Monthly Expenditure ▶ Family

Currency: SAR
8,100 23,000 150,000
MINIMUM AVERAGE MAXIMUM
$2,200 $6,200 $40,000

Monthly Expenditure ▶ Student

Currency: SAR
1,200 7,500 50,000
MINIMUM AVERAGE MAXIMUM
$310 $2,000 $13,000
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 10,000 SAR. Expenses can range from 1,500 SAR at the minimum level to 69,000 SAR at the highest end.


Couples

The average monthly spending of couples in Riyadh is 17,000 SAR. Expenditure can range from 5,800 SAR to 93,000 SAR per month.


Families

The average cost of living for families in Riyadh is 23,000 SAR per month. Families spend anywhere from 8,100 SAR to 150,000 SAR.


Students

The average monthly expenditure for students in Riyadh is 7,500 SAR. Students spend from 1,200 SAR to 50,000 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

15 SAR 30 SAR 50 SAR
MINIMUM AVERAGE MAXIMUM
$4 $7.9 $13

Restaurant meal for one

52 SAR 78 SAR 160 SAR
MINIMUM AVERAGE MAXIMUM
$14 $21 $42

Fine dining meal for one

100 SAR 160 SAR 620 SAR
MINIMUM AVERAGE MAXIMUM
$28 $42 $170

Cappuccino or latte

12 SAR 20 SAR 30 SAR
MINIMUM AVERAGE MAXIMUM
$3.3 $5.3 $7.9

Grocery and market costs


Milk large bottle

9.9 SAR 12 SAR 15 SAR
MINIMUM AVERAGE MAXIMUM
$2.6 $3.2 $4

12 eggs

7.4 SAR 9.9 SAR 15 SAR
MINIMUM AVERAGE MAXIMUM
$2 $2.6 $4

Fresh whole chicken

17 SAR 22 SAR 31 SAR
MINIMUM AVERAGE MAXIMUM
$4.5 $5.8 $8.3

Pack of beef

20 SAR 30 SAR 60 SAR
MINIMUM AVERAGE MAXIMUM
$5.3 $7.9 $16

Medium bag of rice

8 SAR 11 SAR 16 SAR
MINIMUM AVERAGE MAXIMUM
$2.1 $2.9 $4.1

Bag of tomatos

3 SAR 4 SAR 7.4 SAR
MINIMUM AVERAGE MAXIMUM
$0.79 $1.1 $2

Bag of apples

5.3 SAR 7 SAR 11 SAR
MINIMUM AVERAGE MAXIMUM
$1.4 $1.9 $3.1
Chart showing the prices and cost of commute, travel, and transportation in Riyadh

Commute, travel, and transportation costs


20 minutes taxi ride

13 SAR 16 SAR 31 SAR
MINIMUM AVERAGE MAXIMUM
$3.5 $4.2 $8.3

Average car full tank

74 SAR 99 SAR 200 SAR
MINIMUM AVERAGE MAXIMUM
$20 $26 $53

Average car 1-day rental

82 SAR 110 SAR 160 SAR
MINIMUM AVERAGE MAXIMUM
$22 $29 $44

Average car price

37,000 SAR 74,000 SAR 99,000 SAR
MINIMUM AVERAGE MAXIMUM
$9,900 $20,000 $26,000

Bus ticket one way

2.7 SAR 4.1 SAR 8.2 SAR
MINIMUM AVERAGE MAXIMUM
$0.73 $1.1 $2.2

Car Service

110 SAR 160 SAR 330 SAR
MINIMUM AVERAGE MAXIMUM
$29 $44 $87
Chart showing the prices and cost of utility, energy, water, and gas for a family in Riyadh

Utility cost (monthly)


Utility Bill - Individual

89 SAR 620 SAR 4,200 SAR
MINIMUM AVERAGE MAXIMUM
$24 $170 $1,100

Utility Bill - Couple

230 SAR 780 SAR 5,100 SAR
MINIMUM AVERAGE MAXIMUM
$62 $210 $1,400

Utility Bill - Family

410 SAR 1,200 SAR 7,500 SAR
MINIMUM AVERAGE MAXIMUM
$110 $310 $2,000

Internet and cable

74 SAR 150 SAR 200 SAR
MINIMUM AVERAGE MAXIMUM
$20 $40 $53

Mobile phone charges

60 SAR 99 SAR 300 SAR
MINIMUM AVERAGE MAXIMUM
$16 $26 $79

Leisure and activities costs


Movie ticket

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

One month gym membership

130 SAR 160 SAR 330 SAR
MINIMUM AVERAGE MAXIMUM
$35 $44 $87
Chart showing the prices and cost of clothing and accessories in Riyadh

Cloths and accessories costs


Pair of jeans or pants

96 SAR 140 SAR 200 SAR
MINIMUM AVERAGE MAXIMUM
$26 $36 $54

Woman dress

91 SAR 130 SAR 410 SAR
MINIMUM AVERAGE MAXIMUM
$24 $33 $110

Woman shoes

86 SAR 120 SAR 270 SAR
MINIMUM AVERAGE MAXIMUM
$23 $31 $73

Men's shoes

74 SAR 91 SAR 180 SAR
MINIMUM AVERAGE MAXIMUM
$20 $24 $48

Men suit

82 SAR 100 SAR 540 SAR
MINIMUM AVERAGE MAXIMUM
$22 $27 $150

Regular t-shirt

41 SAR 54 SAR 160 SAR
MINIMUM AVERAGE MAXIMUM
$11 $15 $44
Chart showing the prices and cost of housing, accommodation, and rent in Riyadh

Housing costs / monthly rent


Studio apartment

1,400 SAR 2,000 SAR 5,400 SAR
MINIMUM AVERAGE MAXIMUM
$360 $540 $1,500

1-bedroom apartment

2,000 SAR 3,300 SAR 8,200 SAR
MINIMUM AVERAGE MAXIMUM
$540 $870 $2,200

2-bedroom apartment

2,700 SAR 4,100 SAR 11,000 SAR
MINIMUM AVERAGE MAXIMUM
$730 $1,100 $2,900

Housing costs / Buying


Studio apartment

270,000 SAR 410,000 SAR 820,000 SAR
MINIMUM AVERAGE MAXIMUM
$73,000 $110,000 $220,000

1-bedroom apartment

330,000 SAR 540,000 SAR 2M SAR
MINIMUM AVERAGE MAXIMUM
$87,000 $150,000 $540,000

2-bedroom apartment

540,000 SAR 1.6M SAR 3.3M SAR
MINIMUM AVERAGE MAXIMUM
$150,000 $440,000 $870,000
Chart showing the prices and cost of furniture in Riyadh

Furniture Costs


King Size Bed

1,500 SAR 1,900 SAR 2,500 SAR
MINIMUM AVERAGE MAXIMUM
$400 $500 $660

Double Bed

990 SAR 1,500 SAR 1,900 SAR
MINIMUM AVERAGE MAXIMUM
$260 $400 $500

Single Bed

880 SAR 1,100 SAR 1,500 SAR
MINIMUM AVERAGE MAXIMUM
$230 $310 $400

Living Room

1,700 SAR 2,100 SAR 7,400 SAR
MINIMUM AVERAGE MAXIMUM
$440 $570 $2,000

Dining Table

740 SAR 990 SAR 1,900 SAR
MINIMUM AVERAGE MAXIMUM
$200 $260 $500

Sofa or Couch

990 SAR 1,400 SAR 3,000 SAR
MINIMUM AVERAGE MAXIMUM
$260 $360 $790
Chart showing the prices and cost of electronic devices and appliances in Riyadh

Electronics and House Appliance Costs


TV Set

990 SAR 1,500 SAR 3,000 SAR
MINIMUM AVERAGE MAXIMUM
$260 $400 $790

Fridge or Freezer

880 SAR 1,400 SAR 1,900 SAR
MINIMUM AVERAGE MAXIMUM
$230 $360 $500

Washing Machine

1,100 SAR 1,700 SAR 3,000 SAR
MINIMUM AVERAGE MAXIMUM
$310 $440 $790

Stove or Cooker

1,100 SAR 1,400 SAR 1,900 SAR
MINIMUM AVERAGE MAXIMUM
$280 $360 $500

Mobile Phone

1,200 SAR 1,500 SAR 2,100 SAR
MINIMUM AVERAGE MAXIMUM
$330 $400 $570

Laptop or Computer

1,400 SAR 1,700 SAR 3,000 SAR
MINIMUM AVERAGE MAXIMUM
$360 $440 $790

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%

82% 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
84%
Spending-Income-Ratio
74%
94%

Couple
88%
Spending-Income-Ratio
78%
99%

Family
97%
Spending-Income-Ratio
87%
110%
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$93   350 SAR
AVERAGE$1,200   4,500 SAR
HIGH$12,000   45,000 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 4,500 SAR with expenditure ranging from 350 SAR to 45,000 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$15   58 SAR
AVERAGE$200   750 SAR
HIGH$2,000   7,500 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 750 SAR with 58 SAR and 7,500 SAR being the upper and lower limits.

Transport, Fuel, Commute9%

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

LOW$31   120 SAR
AVERAGE$400   1,500 SAR
HIGH$4,000   15,000 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 120 SAR to 15,000 SAR on commuting with 1,500 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$77   290 SAR
AVERAGE$1,000   3,800 SAR
HIGH$10,000   38,000 SAR
Per Month

The average outlay on groceries in a month in Riyadh is 3,800 SAR. The cost of groceries can range between 290 SAR to 38,000 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$22   81 SAR
AVERAGE$280   1,100 SAR
HIGH$2,800   11,000 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 81 SAR to 11,000 SAR with 1,100 SAR being the norm.

Leisure and Shopping6%

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

LOW$12   46 SAR
AVERAGE$160   600 SAR
HIGH$1,600   6,000 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 46 SAR to 6,000 SAR with 600 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$19   69 SAR
AVERAGE$240   900 SAR
HIGH$2,400   9,000 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 900 SAR per month with 69 SAR being the minimum spent amount and 9,000 SAR being the maximum.

Other Expenses11%

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

LOW$40   150 SAR
AVERAGE$520   2,000 SAR
HIGH$5,200   20,000 SAR
Per Month
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
74%
Not Saving
26%

Almost 74% of the surveyed people in Riyadh said that they can save some money at the end of each month while 26% said that aren't saving anything.


Percentage of people saving money by population group in Riyadh

GroupSaversNon Savers
Singles84%16%
Couples78%22%
Families72%28%

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% 26% of income 39%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

470 SAR
$130
6,200 SAR
$1,600
62,000 SAR
$16,000
MINIMUM AVERAGE MAXIMUM

For most people, 16% to 39% of their monthly income is what they can allocate to their savings, with 26% being the average. The amount of money that people can save is approximately 6,200 SAR on average with savings ranging from 470 SAR to 62,000 SAR.

84% of surveyed singles reported some of their income going to savings while 78% of couples said the same. 72% 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% 31% of income 41%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

470 SAR
$130
4,300 SAR
$1,100
28,000 SAR
$7,600
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 41% of their monthly income to savings, with 31% being the average for most singles. The average amount of money that singles are able to save is 4,300 SAR with 470 SAR and 28,000 SAR being the minimum and maximum respectively.


Couples

Saving to Income Ratio

17% 29% of income 40%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

2,400 SAR
$630
7,100 SAR
$1,900
38,000 SAR
$10,000
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 17% to 40% of their monthly income, with 29% being the average for most couples. The average amount of money that couples can save is 7,100 SAR with 2,400 SAR and 38,000 SAR being the minimum and maximum respectively.


Families

Saving to Income Ratio

15% 25% of income 36%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

3,300 SAR
$890
9,500 SAR
$2,500
62,000 SAR
$16,000
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 36% of their monthly income, with 25% being the average for most families. The average amount of money that families can put aside is 9,500 SAR with 3,300 SAR and 62,000 SAR being the minimum and maximum respectively.

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.

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%
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.

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
87%
No
13%

Around 87% of surveyed residents think that living in Riyadh is affordable with proper budgeting while 13% reported that it is just too expensive and not affordable even with frugality and thriftness.

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 options69%

Few low-cost options31%


Based on the survey, 69% of the people living in Riyadh have no problem finding low-cost alternatives to support a frugal lifestyle while 31% think that thriftness is difficult due to scarcity in discount markets and secondhand outlets.

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 of Riyadh whether they have an emergency fund and the answers were as follows.

Yes82%

No18%


Based on the survey, 18% of the people living in Riyadh said that they don't have an emergency fund while 82% said that they do.

Financial literacy and difficulty in budgeting and financial planning in Riyadh

Financial Literacy in Saudi Arabia

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 Saudi Arabia 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 Saudi Arabia 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%

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.

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 Saudi Arabia 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
2542,000 SAR
3085,000 SAR
35150,000 SAR
40210,000 SAR
45320,000 SAR
50450,000 SAR
55530,000 SAR
60660,000 SAR
65780,000 SAR

Retirement Income Distribution

We asked residents of Riyadh 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

830 SAR
$220
7,500 SAR
$2,000
50,000 SAR
$13,000
MINIMUM AVERAGE MAXIMUM
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
33%
Debt Free
67%

According to the survey, 33% of the people in Riyadh have some kind of debt, loan, mortgage, or credit card payments while 67% 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

30%

18% to 41%

( 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 30% 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 of Riyadh 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%
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

1,400 SAR 2,000 SAR 5,400 SAR
MINIMUM AVERAGE MAXIMUM
$360 $540 $1,500

1-bedroom apartment monthly rent cost

2,000 SAR 3,300 SAR 8,200 SAR
MINIMUM AVERAGE MAXIMUM
$540 $870 $2,200

2-bedroom apartment monthly rent cost

2,700 SAR 4,100 SAR 11,000 SAR
MINIMUM AVERAGE MAXIMUM
$730 $1,100 $2,900

3-bedroom apartment monthly rent cost

3,300 SAR 5,400 SAR 15,000 SAR
MINIMUM AVERAGE MAXIMUM
$870 $1,500 $4,000

Furnished apartment monthly rent cost

6,500 SAR 16,000 SAR 33,000 SAR
MINIMUM AVERAGE MAXIMUM
$1,700 $4,400 $8,700

Townhouse monthly rent cost

5,400 SAR 8,200 SAR 23,000 SAR
MINIMUM AVERAGE MAXIMUM
$1,500 $2,200 $6,200

House monthly rent cost

6,500 SAR 16,000 SAR 33,000 SAR
MINIMUM AVERAGE MAXIMUM
$1,700 $4,400 $8,700

Villa monthly rent cost

8,200 SAR 20,000 SAR 33,000 SAR
MINIMUM AVERAGE MAXIMUM
$2,200 $5,400 $8,700

The monthly rental cost of a studio apartment in Riyadh ranges between 1,400 SAR and 5,400 SAR, meanwhile the cost of monthly rental of a one-bedroom apartment can be anywhere from 2,000 SAR to 8,200 SAR. Two-bedroom rentals rate ranges between 2,700 SAR and 11,000 SAR per month. The monthly rental for a three-bedroom apartment ranges from 3,300 SAR to 15,000 SAR. The average rent of a townhouse in Riyadh is around 8,200 SAR while house rental costs can be as high as 16,000 SAR per month. Finally, if you want to rent a villa, expect to pay anywhere from 8,200 SAR to 33,000 SAR per month.



Apartment and house prices in Riyadh

Cost of buying a property

Studio apartment price

270,000 SAR 410,000 SAR 820,000 SAR
MINIMUM AVERAGE MAXIMUM
$73,000 $110,000 $220,000

1-bedroom apartment price

330,000 SAR 540,000 SAR 2M SAR
MINIMUM AVERAGE MAXIMUM
$87,000 $150,000 $540,000

2-bedroom apartment price

540,000 SAR 1.6M SAR 3.3M SAR
MINIMUM AVERAGE MAXIMUM
$150,000 $440,000 $870,000

3-bedroom apartment price

1.8M SAR 2.7M SAR 8.2M SAR
MINIMUM AVERAGE MAXIMUM
$480,000 $730,000 $2.2M

Townhouse price

2.3M SAR 5.4M SAR 20M SAR
MINIMUM AVERAGE MAXIMUM
$620,000 $1.5M $5.4M

House price

2.7M SAR 16M SAR 23M SAR
MINIMUM AVERAGE MAXIMUM
$730,000 $4.4M $6.2M

Villa price

3.3M SAR 18M SAR 27M SAR
MINIMUM AVERAGE MAXIMUM
$870,000 $4.8M $7.3M

The average price of a studio apartment in Riyadh can range from 270,000 SAR to 820,000 SAR depending on location. One bedroom cost can be anywhere from 330,000 SAR to 2M SAR. A villa can cost you 18M SAR on average with prices ranging from 3.3M SAR to 27M 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


54 x160 monthly income 256
MINIMUM AVERAGE MAXIMUM

Property prices in Riyadh can be x160 to x256 multiples of the monthly income depending on the property and the income of the person. On average, property prices are approximately x160 multiples of the average monthly salary in Riyadh.



Rent to income ratio


Rent to income ratio

( monthly rental / monthly income ) x 100


28% 39% of income 50%
MINIMUM AVERAGE MAXIMUM

The average rent-to-income ratio in Riyadh is around 39%. This means that people pay 39% of their income for rent. Those figures can range from 28% to 50% 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
36%

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
2.5%
AVERAGE
3.6%
TO
4.6%

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.


23 SAR 300 SAR 3,000 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.

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

89 SAR 620 SAR 4,200 SAR
MINIMUM AVERAGE MAXIMUM
$24 $170 $1,100

Utility Bill Cost / Electricity + Water + Gas / Couple

230 SAR 780 SAR 5,100 SAR
MINIMUM AVERAGE MAXIMUM
$62 $210 $1,400

Utility Bill Cost / Electricity + Water + Gas / Family

410 SAR 1,200 SAR 7,500 SAR
MINIMUM AVERAGE MAXIMUM
$110 $310 $2,000

Internet and cable cost

74 SAR 150 SAR 200 SAR
MINIMUM AVERAGE MAXIMUM
$20 $40 $53

Mobile phone bill and charges

60 SAR 99 SAR 300 SAR
MINIMUM AVERAGE MAXIMUM
$16 $26 $79

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 89 SAR and 4,200 SAR with average being 620 SAR, meanwhile the expenditure of couples is slightly higher at 780 SAR with 230 SAR and 5,100 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 1,200 SAR. The cost of internet and WiFi is unchanged among the three groups and ranges from 74 SAR to 200 SAR with 150 SAR being the average internet bill. Finally, the average monthly mobile charges is around 99 SAR but can range between 60 SAR and 300 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


1.1% 4.6% of income 9.2%
MINIMUM AVERAGE MAXIMUM

The average utility-to-income ratio in Riyadh is around 4.6%. This means that people pay 4.6% of their income for energy, water, internet, and mobile charges. Those figures can range from 1.1% to 9.2% depending on salary and location.

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

15 SAR 30 SAR 50 SAR
MINIMUM AVERAGE MAXIMUM
$4 $7.9 $13

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 30 SAR with meal cost ranging from 15 SAR to 50 SAR. The typical combo meal consists of a burger, french fries, and a drink.

Restaurant meal for one price

52 SAR 78 SAR 160 SAR
MINIMUM AVERAGE MAXIMUM
$14 $21 $42

If you are planning to have a nice meal at a mid-range restaurant, expect to pay anywhere between 52 SAR and 160 SAR with 78 SAR being the average price of a plate for one person at a regular restaurant in Riyadh.

Fine dining meal for one price

100 SAR 160 SAR 620 SAR
MINIMUM AVERAGE MAXIMUM
$28 $42 $170

The price range of a meal at fine-dining restaurant is 100 SAR to 620 SAR with the average cost being 160 SAR for one person. This is what you would expect to pay a top-tier diner in Riyadh.

Beverage prices, cappuccino, latte etc..

12 SAR 20 SAR 30 SAR
MINIMUM AVERAGE MAXIMUM
$3.3 $5.3 $7.9

The average price of a regular beverage like cappuccino or latte at Starbucks, Costa, or similar coffee shops and cafes in Riyadh is around 20 SAR. Price ranges between 12 SAR and 30 SAR depending on the type of beverage, the size, and optional add-ons.



Grocery and market costs

Large bottle of milk price

9.9 SAR 12 SAR 15 SAR
MINIMUM AVERAGE MAXIMUM
$2.6 $3.2 $4

The average price of a large bottle of milk in Riyadh is 12 SAR. The maximum what you would pay for milk is 15 SAR and the minimum being 9.9 SAR depending on the brand of milk and other properties.

12 eggs price

7.4 SAR 9.9 SAR 15 SAR
MINIMUM AVERAGE MAXIMUM
$2 $2.6 $4

A dozen eggs costs around 9.9 SAR on average with 7.4 SAR and 15 SAR being the lower and upper limits respectively.

Fresh whole chicken price

17 SAR 22 SAR 31 SAR
MINIMUM AVERAGE MAXIMUM
$4.5 $5.8 $8.3

The price range of a fresh whole chicken in Riyadh is between 17 SAR and 31 SAR depending on the size of the chicken and whether it is oraganic or not. The average price is approximatly 22 SAR.

Pack of beef price

20 SAR 30 SAR 60 SAR
MINIMUM AVERAGE MAXIMUM
$5.3 $7.9 $16

The price of a regular pack of beef or meat is around 30 SAR. A pack of beef contains around 1Kg or 1lb depending on packing.

Medium bag of rice price

8 SAR 11 SAR 16 SAR
MINIMUM AVERAGE MAXIMUM
$2.1 $2.9 $4.1

A bag of rice in Riyadh costs around 11 SAR on average with prices rangeing between 8 SAR and 16 SAR depending on the brand and quality.

Bag of tomatos price

3 SAR 4 SAR 7.4 SAR
MINIMUM AVERAGE MAXIMUM
$0.79 $1.1 $2

A bag of tomatoes costs anywhere from 3 SAR to 7.4 SAR. A bag of tomatoes denotes 1Kg or 1lb depending on location.

Bag of apples price

5.3 SAR 7 SAR 11 SAR
MINIMUM AVERAGE MAXIMUM
$1.4 $1.9 $3.1

A bag of apples costs 7 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 34%
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 34% depending on salary and location.


Expenditure on food and grocery for every population group

A single person living alone spends approximately 1,700 SAR per month on grocery and food with expenditure fluctuating between 240 SAR and 11,000 SAR depending on location and the type of person. The average cost of food and groceries for a couple is around 2,400 SAR per month. That number can be get as low as 810 SAR or a high as 13,000 SAR. Families' spending on grocery ranges from 1,500 SAR to 27,000 SAR with the location, income, and size of the family being the most determinite factors.


Single
Spending habits, consumption analysis, and expenditure patterns for a single person living in Riyadh

Housing cost for a single person34%

34% of total expenses on average (22% to 46%)

LOW$140   530 SAR
AVERAGE$1,000   3,700 SAR
HIGH$6,700   25,000 SAR
Per Month

Utilities, Electricity, Water, Internet, Mobile7%

7% of total expenses on average (3% to 12%)

LOW$24   89 SAR
AVERAGE$170   620 SAR
HIGH$1,100   4,200 SAR
Per Month

Transport and Fuel Cost7%

7% of total expenses on average (5% to 13%)

LOW$32   120 SAR
AVERAGE$220   830 SAR
HIGH$1,500   5,600 SAR
Per Month

Food and Groceries Cost17%

17% of total expenses on average (11% to 22%)

LOW$63   240 SAR
AVERAGE$440   1,700 SAR
HIGH$3,000   11,000 SAR
Per Month

Healthcare Cost10%

10% of total expenses on average (4% to 14%)

LOW$36   130 SAR
AVERAGE$250   940 SAR
HIGH$1,700   6,200 SAR
Per Month

Leisure and Shopping Expenditure4%

4% of total expenses on average (3% to 7%)

LOW$20   74 SAR
AVERAGE$140   520 SAR
HIGH$930   3,500 SAR
Per Month

Education Cost2%

2% of total expenses on average (1% to 4%)

LOW$7.9   30 SAR
AVERAGE$56   210 SAR
HIGH$370   1,400 SAR
Per Month

Other Expenses19%

19% of total expenses on average (11% to 23%)

LOW$71   270 SAR
AVERAGE$500   1,900 SAR
HIGH$3,300   12,000 SAR
Per Month


Couple
Average monthly living expenditure breaks and spending patterns for couples in Riyadh

Housing cost for a couple31%

31% of total expenses on average (24% to 41%)

LOW$520   2,000 SAR
AVERAGE$1,600   5,900 SAR
HIGH$8,400   31,000 SAR
Per Month

Utilities, Electricity, Water, Internet, Mobile6%

6% of total expenses on average (4% to 10%)

LOW$62   230 SAR
AVERAGE$210   780 SAR
HIGH$1,400   5,100 SAR
Per Month

Transport and Fuel Cost11%

11% of total expenses on average (5% to 16%)

LOW$190   690 SAR
AVERAGE$560   2,100 SAR
HIGH$3,000   11,000 SAR
Per Month

Food and Groceries Cost15%

15% of total expenses on average (10% to 20%)

LOW$220   810 SAR
AVERAGE$650   2,400 SAR
HIGH$3,500   13,000 SAR
Per Month

Healthcare Cost12%

12% of total expenses on average (6% to 16%)

LOW$170   640 SAR
AVERAGE$510   1,900 SAR
HIGH$2,700   10,000 SAR
Per Month

Leisure and Shopping Cost5%

5% of total expenses on average (2% to 8%)

LOW$93   350 SAR
AVERAGE$280   1,000 SAR
HIGH$1,500   5,600 SAR
Per Month

Education Cost2%

2% of total expenses on average (1% to 4%)

LOW$31   120 SAR
AVERAGE$93   350 SAR
HIGH$490   1,900 SAR
Per Month

Other Expenses18%

18% of total expenses on average (12% to 24%)

LOW$260   980 SAR
AVERAGE$790   3,000 SAR
HIGH$4,200   16,000 SAR
Per Month


Family
Average monthly expenses and break out of spending for families living in Riyadh

Housing cost for a family30%

30% of total expenses on average (25% to 40%)

LOW$690   2,600 SAR
AVERAGE$2,000   7,400 SAR
HIGH$13,000   48,000 SAR
Per Month

Utilities, Electricity, Water, Internet, Mobile4%

4% of total expenses on average (2% to 7%)

LOW$110   410 SAR
AVERAGE$310   1,200 SAR
HIGH$2,000   7,500 SAR
Per Month

Transport and Fuel Expenses7%

7% of total expenses on average (5% to 9%)

LOW$220   810 SAR
AVERAGE$620   2,300 SAR
HIGH$4,000   15,000 SAR
Per Month

Food and Groceries Cost19%

19% of total expenses on average (12% to 25%)

LOW$390   1,500 SAR
AVERAGE$1,100   4,200 SAR
HIGH$7,200   27,000 SAR
Per Month

Healthcare Expenses9%

9% of total expenses on average (5% to 14%)

LOW$190   730 SAR
AVERAGE$620   2,300 SAR
HIGH$3,200   12,000 SAR
Per Month

Leisure and Shopping Cost4%

4% of total expenses on average (2% to 8%)

LOW$110   410 SAR
AVERAGE$310   1,200 SAR
HIGH$2,000   7,500 SAR
Per Month

Education Cost14%

14% of total expenses on average (7% to 22%)

LOW$300   1,100 SAR
AVERAGE$860   3,200 SAR
HIGH$5,600   21,000 SAR
Per Month

Other Expenses13%

13% of total expenses on average (6% to 18%)

LOW$170   650 SAR
AVERAGE$490   1,900 SAR
HIGH$3,200   12,000 SAR
Per Month


Student
Cost of living and expenses break down for students living in Riyadh

Housing costs for Student22%

22% of total expenses on average (17% to 28%)

LOW$74   280 SAR
AVERAGE$480   1,800 SAR
HIGH$3,200   12,000 SAR
Per Month

Utilities, Electricity, Water, Internet, and Mobile Expenses5%

5% of total expenses on average (3% to 9%)

LOW$12   46 SAR
AVERAGE$80   300 SAR
HIGH$530   2,000 SAR
Per Month

Transport and Fuel Cost6%

6% of total expenses on average (5% to 12%)

LOW$22   81 SAR
AVERAGE$140   520 SAR
HIGH$930   3,500 SAR
Per Month

Food and Groceries Expenditure21%

21% of total expenses on average (15% to 25%)

LOW$62   230 SAR
AVERAGE$400   1,500 SAR
HIGH$2,700   10,000 SAR
Per Month

Healthcare Cost7%

7% of total expenses on average (4% to 10%)

LOW$19   69 SAR
AVERAGE$120   450 SAR
HIGH$800   3,000 SAR
Per Month

Leisure and Shopping Cost4%

4% of total expenses on average (3% to 8%)

LOW$15   58 SAR
AVERAGE$100   370 SAR
HIGH$660   2,500 SAR
Per Month

Education Cost19%

19% of total expenses on average (12% to 24%)

LOW$59   220 SAR
AVERAGE$380   1,400 SAR
HIGH$2,500   9,500 SAR
Per Month

Other Expenses16%

16% of total expenses on average (10% to 22%)

LOW$46   170 SAR
AVERAGE$300   1,100 SAR
HIGH$2,000   7,500 SAR
Per Month
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