Kuwait is known for its high cost of living, particularly in the capital. This is due to the country’s abundant oil and hydrocarbon resources. However, expatriates can still afford to live well due to the wealth of companies and average salaries. Notably, Kuwait has the strongest currency in the world, the lowest unemployment rates and sustained economic growth.
Compared to Indonesia, it is important to note that the cost of living in Kuwait is 42.3% higher and the cost of renting a property is 198.90% higher. However, it is worth mentioning that the average net monthly salary in Kuwait is significantly higher than in Indonesia, with an average salary of Rp 64.976.946 (KWD 1,260) compared to Indonesia’s Rp 8.285.610 (KWD 160.67). Furthermore, due to Kuwait’s wealth and the absence of personal income tax, expatriates are able to retain their entire salary. Additionally, they can reduce their expenses by purchasing groceries and cooking for themselves. Here CPBIS summarizes the comparison of the cost of living and the cost of renting in Saudi Arabia:
Comparison of rental prices in Qatar and Indonesia, viz:
| KWD | IDR | |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 288.91 | Rp. 14.979.864 |
| Apartment (1 bedroom) Outside of Centre | 214.60 | Rp. 11.126.804 |
| Apartment (3 bedrooms) in City Centre | 548.00 | Rp. 28.413.274 |
| Apartment (3 bedrooms) Outside of Centre | 409.04 | Rp. 21.208.252 |
