Is King Abdullah Financial District Expensive?

Riyadh, Saudi Arabia

+30% vs Riyadh avg

Living in King Abdullah Financial District, Riyadh

King Abdullah Financial District is the most expensive area in Riyadh, with a cost of living index of 55.4 — that is +30% compared to the Riyadh average. Only the top 1 of 19 neighborhoods cost more. Estimated rent for a one-bedroom apartment here is around SAR 3,900/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 King Abdullah Financial District, housing takes up roughly 39% 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 156,000 before tax.

Typical Salaries in King Abdullah Financial District

Salaries in King Abdullah Financial District reflect the local cost of living. Based on the neighborhood COLI of 55.4:

After tax and deductions of 9.8% in Saudi Arabia, take-home pay for someone earning SAR 156,000 would be roughly SAR 140,712/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.

Key Stats

55.4
COLI Index
1.30x
vs City Avg
SAR 3,900
Est. 1BR Rent
#1
of 19 Areas
9.8%
Total Deductions

Tax & Deductions in King Abdullah Financial District

Estimated annual deductions on a SAR 155,812 salary in King Abdullah Financial District, Riyadh (local employee).

Income Tax
0%
GOSI
9.8%
Total Deductions: 9.8%
Est. Take-Home: SAR 140,621/yr

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

Salary Equivalents

What a $75,000 USD salary in King Abdullah Financial District would need to be elsewhere:

City Currency Equivalent
New York USD $41,550
London GBP £35,757
Dubai AED AED 207,907

Other Neighborhoods in Riyadh

Neighborhood COLI Multiplier vs Avg
Al Olaya 54.5 1.28x +28%
Diplomatic Quarter 52.0 1.22x +22%
Al Nakheel 50.3 1.18x +18%
Hittin 49.0 1.15x +15%
Al Malqa 47.7 1.12x +12%

View all 19 neighborhoods in Riyadh →

Convert Your Salary

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Compare King Abdullah Financial District

King Abdullah Financial District vs Al Batha King Abdullah Financial District vs Diplomatic Quarter King Abdullah Financial District vs Al Muhammadiyah King Abdullah Financial District vs Al Olaya

Similar Neighborhoods Worldwide

Neighborhoods with a similar cost of living to King Abdullah Financial District:

Chaoyang (CBD), Beijing Punta Pacífica, Panama City Da'an, Taipei Pedralbes, Barcelona Luwan, Shanghai Huangpu (The Bund), Shanghai

Frequently Asked Questions

Is King Abdullah Financial District expensive in Riyadh?

Yes, King Abdullah Financial District is one of the more expensive neighborhoods in Riyadh. It costs about +30% more than the city average, ranking #1 out of 19 neighborhoods.

How does King Abdullah Financial District compare to the Riyadh average?

The cost of living in King Abdullah Financial District is significantly above the Riyadh average. With a multiplier of 1.30x, everyday expenses including rent, food, and transportation are +30% 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.