Cost of living and prices in Kuwait, prices of food, rent, shopping, etc 🇰🇼 Updated Jul 2023
Discover the cost of living in Kuwait, a Western Asian country bordered by Saudi Arabia and Iran. With an area of 17,820 square kilometres and a population of 2,789,132, Kuwait has a population density of 156.52 people per square kilometre. Arabic is the official language while Kuwaiti dinar is the currency of Kuwait.
Kuwait is recognized as the world's fifth-largest oil reserve and is heavily reliant on petroleum income. Despite this, the country has taken steps towards economic diversification to increase opportunities in other sectors such as finance, healthcare, and tourism. With a favourable business environment and low taxes, Kuwait is an attractive destination for expatriates looking for new opportunities.
While the cost of living in Kuwait is relatively higher than in some neighbouring countries, it still offers value for money compared to the western world. The country has modern infrastructure, world-class hospitals, and educational institutions. Besides, Kuwait is regarded as safe, peaceful, and welcoming to foreigners.
If you're considering relocating to Kuwait, you need to have a good understanding of the cost of living. You can explore factors like housing, transportation, food, healthcare, and entertainment, which contribute to the general cost of living.
Get started now by using our cost of living calculator to estimate how much you need to budget for your stay in Kuwait.
Cost of Living Estimate in Kuwait
You can calculate cost of living in Kuwait by changing quantity using input near each good or service. Resulting total will appear in a floating box in the bottom of your screen.
Restaurants prices
Kuwait is an excellent destination for foodies as it offers a great variety of dining options. From traditional Middle Eastern cuisine to international dishes, there is something for everyone. One of the must-try dining experiences is dining in a traditional Kuwaiti diwaniya, which is a private social gathering for men where they entertain their guests with delicious food and drink. Alternatively, one could explore the many restaurants in Kuwait City, some of which offer rooftop dining with stunning views of the city skyline.
If you're looking for something more casual, there are plenty of street food vendors and small cafes selling traditional Kuwaiti snacks such as shawarma, falafel, and kubba. Seafood lovers can indulge in fresh seafood at the many seafood restaurants located along the coastline in areas such as Salmiya and Fahaheel. For those who prefer vegetarian or vegan options, many restaurants now offer a range of plant-based options, including buffets with a wide variety of dishes to choose from. Regardless of your taste buds, Kuwait has plenty to offer, and food is an essential part of the country's vibrant culture.
Markets prices
Market prices in Kuwait fluctuate depending on various factors such as supply and demand, seasonality, and global market trends. Despite being a small country, Kuwait has a thriving economy with substantial resources that bring in constant revenue, enabling it to have a stable economy. The country is renowned for its petroleum-based economy, and oil exports make up a significant percentage of its GDP. This influences market prices directly and leads to fluctuations in the prices of goods and services. However, as of late, market prices have been relatively stable, which is beneficial to consumers and businesses.
Kuwait has a diverse market of products and services, ranging from traditional handicrafts to luxury goods. The government's efforts to diversify the economy have helped the market flourish, and emerging sectors such as technology, finance, and tourism are impacting market prices. In recent years, there has been a surge in e-commerce activities, online marketplaces, and home delivery services, which has made shopping much more convenient and accessible. The average person can now have access to a vast range of products at competitive prices. Additionally, the government strictly regulates market prices to ensure that businesses do not exploit consumers by overpricing products, making it affordable for all residents and visitors to the country.
Transportation prices
Kuwait has a range of transportation options to choose from, but if you're looking for something that's quick and affordable, taxis will be your best bet. Taxis in Kuwait aren't metered, so it's best to agree on a price before getting in. Despite this, taxis are still an accessible way to get around with ease. You will find a variety of taxis on the street, but it's a good idea to use online ride-hailing apps for convenience and safety. Additionally, many of the taxi drivers can speak English, which makes getting around easier if you don't speak Arabic.
If you're looking for a more sustainable transportation option, then the Kuwait Public Transportation Company offers a great service for those wanting to explore the city without a car. Buses are a great eco-friendly option and cover a wide range of destinations throughout the city. Additionally, there is a bus route that runs between Kuwait City and Fahaheel, making it simple to travel between the city and the southern suburbs. While it's advised to plan your route ahead, taking the bus in Kuwait City is an excellent choice for those who want to take a practical and environment-friendly approach to their travels.
Utilities Per Month prices
Kuwait has a unique system of providing utilities to its residents and visitors. The government provides electricity, water, and sewage services to the public through a centralized system. This means that all users pay for these services through a single bill, which simplifies the payment process. Although the government sets the prices for utilities, they are still considered affordable, especially when compared to other Gulf countries. Visitors to Kuwait should expect to pay for utilities during their stay, but the costs are generally low and won't break the bank.
The hot desert climate in Kuwait means that air conditioning is a must-have, especially during the summer months. Fortunately, the cost of electricity is relatively low in Kuwait, making it affordable to keep your home or hotel room cool and comfortable. For those who love to swim, the cost of water in Kuwait is also affordable. Whether you're staying in a hotel or a rental apartment, you won't have to worry about breaking the bank to fill up your swimming pool or take a refreshing shower. Overall, utilities costs in Kuwait are reasonable and won't be a major expense for travelers visiting this country.
Sports And Leisure prices
Kuwait is a popular destination for sports enthusiasts and fitness aficionados. With its warm climate and sandy beaches along the Persian Gulf, it's an ideal place for outdoor sports and activities. Visitors can enjoy beach volleyball, soccer, or simply take a refreshing swim in the sea. The country also offers a range of indoor sports facilities, with many gyms, fitness studios, and sports clubs available throughout. Golf enthusiasts can take pleasure in Kuwait's lush courses, while water skiing and wakeboarding are other popular options. From extreme sports to yoga and meditation, there's something for everyone in Kuwait.
Leisure activities in Kuwait are as varied as the country's landscape. From shopping at the world-renowned Avenues Mall, to wandering the bustling souks in the city center, travelers can easily find something to pass the time. Kuwait is also home to numerous museums and cultural centers, including the Tareq Rajab Museum, the Natural History Museum, and the Kuwait Science and Natural History Museum. Visitors can also experience local cuisine at one of the many restaurants and cafes, or enjoy a relaxing stroll through one of Kuwait's beautifully manicured parks. Whether it's exploring Kuwait's rich cultural heritage or simply taking in the picturesque scenery, this country offers a wealth of leisure activities and experiences to suit all tastes.
Salaries And Financing prices
If you're planning on working in Kuwait, you can expect to receive a tax-free salary which can be very attractive. The country has a strong economy and the government is committed to providing good salaries to its citizens. However, it's important to note that the cost of living in Kuwait is relatively high, so you'll need to factor this in when considering how far your salary will go. Additionally, while expatriates may earn more than locals, there are certain restrictions in place around working in Kuwait. If you're considering working in the country, you'll need to make sure you have the right permits and paperwork in place.
If you're planning on financing your travels in Kuwait, you'll be pleased to know that the country has a well-established banking sector with a range of options available. There are a number of international banks with branches in Kuwait, making it easy to manage your finances. However, it's important to be aware that there are restrictions around accessing certain financial services as an expatriate. For example, you may not be eligible for certain types of loans or credit cards. You'll also need to make sure you have a good understanding of the local currency and how to manage your finances in a foreign country. With the right preparation and planning, financing your travels in Kuwait can be straightforward and hassle-free.
Childcare prices
Childcare prices in Kuwait can vary depending on the type of facility. For schools, prices are typically higher as they provide a more structured learning environment for children. Schools usually have longer operating hours and more staff, which are reflected in their fees. However, schools often offer more comprehensive facilities and programs for children to excel in their studies. Kindergartens, on the other hand, have lower fees as they provide a less structured learning environment for children. They usually have shorter operating hours and fewer staff compared to schools. However, Kindergartens focus on play-based learning, promoting social interaction and creativity among children.
In Kuwait, Childcare prices are affected by several factors such as geographic location and reputation for quality care. Facilities located in highly commercial areas tend to charge higher fees than those located in residential areas. Facilities with an established reputation for providing excellent care, such as those with accreditation from well-known organizations may charge more for their services. Parents are advised to research the prices and quality of care provided by different facilities to ensure that they are getting the best value for their money. Overall, the cost of childcare in Kuwait can be relatively high, but it is a necessary investment in a child's future development and education.
Clothing And Shoes prices
When it comes to clothing and shoes, Kuwait offers a wide range of options for all tastes and budgets. From high-end luxury brands to more affordable options, there is something for everyone in this fashion-forward city. Shopping malls such as The Avenues and 360 Mall offer an abundance of stores ranging from international brands to local designers. Traditional souks like Souk Al-Mubarakiya provide a more cultural shopping experience, offering clothing and shoe stores as well as traditional Kuwaiti garments and accessories.
For those seeking unique and one-of-a-kind pieces, Kuwait's independent boutiques are not to be missed. These smaller stores offer a curated selection of clothing and shoes, often featuring up-and-coming local designers. Online shopping is also becoming increasingly popular in Kuwait, with a number of local and international websites offering delivery services. Whether you prefer to hit the malls or explore the city's smaller shops, Kuwait has something to suit every fashion taste and budget.
Rent Per Month prices
Short-term rent options in Kuwait are a great choice for those in need of temporary accommodation. These options are flexible, making it easy for anyone to adapt their lifestyle to a new environment quickly. You can find a variety of available short-term rental spaces that include flats, houses, and serviced apartments in different areas around Kuwait. The prices of these options vary depending on the location, the amenities available, and the duration of your stay. However, with a bit of research, you can easily find a suitable option that fits your budget and needs.
Stay options in Kuwait are diverse, with plenty of choices ranging from budget-friendly to luxury accommodations. Whether you prefer a serviced apartment, a hotel, a hostel, or a shared flat, you can find a stay option that suits your needs. If you are looking for a short-term stay option in Kuwait, a serviced apartment is an excellent choice. These apartments provide all the necessary amenities such as furniture, internet, and housekeeping, just like hotels. The prices of these stay options also vary depending on the location and duration of your stay, but you can always find something that fits your budget.
Buy Apartment prices
Buying real estate in Kuwait is a lucrative investment opportunity. The options available for purchase range from residential properties such as apartments, villas, and flats, to commercial properties such as office space and shops. Due to the high demand for real estate in Kuwait, the prices are considered reasonable and attractive for investors. The real estate market in Kuwait is growing steadily, with new developments emerging in different regions of the country. Besides, government initiatives and regulations have helped maintain the stability and profitability of the real estate market.
Investing in real estate is a smart move for individuals looking for a long-term investment with potential profits. Apart from buying properties, investing in real estate development projects is also an option. Some projects are exclusively designed for foreign investors, providing attractive returns on investment. However, it is important to do your research and gather information on the legal and regulatory framework governing real estate investments in the country. Additionally, hiring a professional real estate agent can provide valuable insights into the market and help individuals make informed decisions regarding their investments.