Al Nakheel

Riyadh, Saudi Arabia

+18% vs Riyadh avg

Living in Al Nakheel, Riyadh

Al Nakheel is one of the pricier neighborhoods in Riyadh, with a cost of living index of 50.3 — that is +18% compared to the Riyadh average. It ranks #4 out of 19 areas by cost. Estimated rent for a one-bedroom apartment here is around SAR 3,540/month, compared to a range of SAR 2,160 in Al Batha to SAR 3,900 in King Abdullah Financial District.

Monthly Budget Breakdown

For a typical resident of Al Nakheel, housing takes up roughly 35% of monthly expenses. Food and groceries account for about 20%, while transportation costs around 10%. To live comfortably here — meaning rent stays at or below 30% of gross income — you would need an annual salary of approximately SAR 141,600 before tax.

Lifestyle Equivalents in Al Nakheel

COLI-scaled lifestyle equivalents of New York mid-range salaries — not local market pay. Based on the neighborhood COLI of 50.3 (NYC = 100):

After tax and deductions of 9.8% in Saudi Arabia, take-home pay for someone earning SAR 141,600 would be roughly SAR 127,723/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.

Key Stats

50.3
COLI Index
1.18x
vs City Avg
SAR 3,540
Est. 1BR Rent
#4
of 19 Areas
9.8%
Total Deductions

Tax & Deductions in Al Nakheel

Estimated annual deductions on a SAR 141,469 salary in Al Nakheel, Riyadh (local employee).

Income Tax
0%
GOSI
9.8%
Total Deductions: 9.8%
Est. Take-Home: SAR 127,676/yr

Rates shown are for a local employee. Use the salary converter for expat calculations.

Salary Equivalents

What a $75,000 USD salary in Al Nakheel would need to be elsewhere:

City Currency Equivalent
New York USD $37,725
London GBP £32,466
Dubai AED AED 188,768

Other Neighborhoods in Riyadh

Neighborhood COLI Multiplier vs Avg
King Abdullah Financial District 55.4 1.30x +30%
Al Olaya 54.5 1.28x +28%
Diplomatic Quarter 52.0 1.22x +22%
Hittin 49.0 1.15x +15%
Al Malqa 47.7 1.12x +12%

View all 19 neighborhoods in Riyadh →

Convert Your Salary

See exactly what you need to earn in Al Nakheel, Riyadh to maintain your lifestyle.

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Similar Neighborhoods Worldwide

Neighborhoods with a similar cost of living to Al Nakheel:

Houhai, Shenzhen Zhongshan, Taipei Vila Olímpia, São Paulo Higienópolis, São Paulo Born / El Born, Barcelona Haidian (Zhongguancun), Beijing

Frequently Asked Questions

Is Al Nakheel expensive in Riyadh?

Yes, Al Nakheel is one of the more expensive neighborhoods in Riyadh. It costs about +18% more than the city average, ranking #4 out of 19 neighborhoods.

How does Al Nakheel compare to the Riyadh average?

The cost of living in Al Nakheel is above the Riyadh average. With a multiplier of 1.18x, everyday expenses including rent, food, and transportation are +18% compared to the city baseline.

Data Sources: Cost of living indices based on crowd-sourced price data and official statistics. Tax calculations follow 2026 rates. Sources include OECD Better Life Index. Figures are estimates and may vary based on individual circumstances.