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Cost of living at Ras Al Khaima

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Anonyroop

Hello Sir, I am from India with 2300000 annual income and planning to move to Ras Al Khaima. Is 15000AED a decent salary for a family of four with 2kids? Thanks in advance.

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smartJohnstuart

The cost of living in Ras Al Khaimah, like in any city, can vary depending on various factors such as lifestyle choices, housing preferences, and personal spending habits. While 15,000 AED per month can be considered a decent salary, it's important to carefully assess your family's specific needs and expenses to determine if it will be sufficient.


Here are some general aspects to consider when evaluating the cost of living in Ras Al Khaimah:


Housing: Rental prices in Ras Al Khaimah can vary based on the location, size, and type of accommodation you choose. It's recommended to research rental prices in the areas you are interested in and ensure that a significant portion of your salary is not allocated solely to housing expenses.


Education: If you plan to enroll your children in private schools, it's essential to consider the associated costs of tuition fees, uniforms, transportation, and any additional educational expenses.


Healthcare: Ras Al Khaimah offers both public and private healthcare facilities. Consider the costs of health insurance and potential medical expenses for your family.


Transportation: Ras Al Khaimah has a well-connected road network, and transportation costs can vary depending on whether you choose to own a vehicle or utilize public transportation.


Groceries and Utilities: The cost of groceries and utilities can vary depending on your family's consumption patterns. Research local supermarkets and estimate your monthly expenses for food, electricity, water, and other utilities.


Lifestyle and Entertainment: Consider your family's preferences for leisure activities, dining out, and entertainment. These expenses can vary based on personal choices and should be factored into your budget.


It's also advisable to consult with locals, expatriate communities, or online resources specific to Ras Al Khaimah to gain insights into the cost of living and to better understand the expenses associated with living in the city.


Ultimately, managing your finances effectively, budgeting wisely, and assessing your family's needs will help you determine if a salary of 15,000 AED per month is sufficient for your family of four with two children in [link under review].

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