Cost of living in Ouargla (Warqla)
Ouargla, a city in Algeria, offers a unique lifestyle with its own set of living costs. Understanding the cost of living here is crucial for anyone considering moving to or working in the city.
This summary provides insights into various expenses, including housing, transportation, and groceries, helping you plan your budget effectively.
Cost of Living Summary
Salaries and Financing
- Average Monthly Net Salary (After Tax) - The average monthly net salary in Ouargla is approximately $100.55.
- Mortgage Interest Rate - The mortgage interest rate for a 20-year fixed-rate loan is about 9.99% annually.
Cost of Living Rankings
The cost of living indices for Algeria are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in Algeria, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
Salaries And Financing
Salaries And Financing
"Key Takeaways"
The average monthly salary in Ouargla is relatively low, which may impact the affordability of living expenses.
Mortgage interest rates are relatively high, which could affect decisions related to buying property in the city.
Conclusion
Ouargla presents a cost of living scenario that requires careful financial planning, especially given the low average salary and high mortgage rates.
Potential residents should consider these factors when budgeting for life in Ouargla, ensuring they can manage their expenses effectively.
Nearby Cities
All cities in Algeria