Question

Why is it easier to compare the Cost of Living in Ras al Khaimah with Dubai...

Why is it easier to compare the Cost of Living in Ras al Khaimah with Dubai than with Singapore? Consider differences in the consumption bas- ket.

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Answer #1

It is easief to compare cost of living within Ras Al Khamiah with as both have similar demographic, similar taxes and regulations, similar socio cultural habitat, uniform governance across UAE, higher proximity to each other and similar connectivity. Comparing with Singapore which hss different living conditions and government taxation as well as different exchange rate makes it difficult to compare with UAE cities die to purchasing power parity quotient and different consumption preferences of individuals.

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