How Much Does It Cost to Live in Sharjah, United Arab Emirates?

Sharjah is a medium city located in United Arab Emirates with a metropolitan area population of 543,733. A couple could live a moderate lifestyle in Sharjah on a budget of $2,112 per month, or $25,349 per year.

Cost of Living in Sharjah, United Arab Emirates

As noted above, the cost of living in Sharjah, United Arab Emirates is $2,112 per month for a couple living a moderate lifestyle. This budget consists of $1,187 for housing related costs, $406 for food, and $520 for other costs, all of which will be broken down below.

Housing

  • A one-bedroom apartment in the city center of Sharjah is estimated to cost $853
  • Basic utilities including electricity, water, and gas will run about $215
  • High-speed internet averages $119

Food

  • Typical grocery costs of $268 per month include things like bread, eggs, milk, cheese, rice, chicken breast, bottled water, fruits, and vegetables
  • Alcohol including beer and wine for moderate home consumption costs about $52
  • Frequent coffees in a neighborhood café are estimated to be about $85

Other

  • Meals out are estimated to be $157 per month, including 4 meals in mid-range restaurants and 8 in inexpensive restaurants
  • Transportation costs of $170 for public transport passes and occasional taxis
  • Fitness center memberships of $132
  • Cinema tickets of $61 include several outings for international releases

Note that Sharjah, United Arab Emirates is a somewhat walkable city with a Walk Score of 64/100, which means you may need a car if you are living in the city center and you will probably need to use public transportation frequently.

Amount of Money Needed to Retire in Sharjah, United Arab Emirates

Many people searching the internet for the cost of living in Sharjah, United Arab Emirates are doing so to see if and when they can quit their jobs and retire. A popular and easy way to calculate your retirement number is using the 4% Rule.

The 4% Rule estimates that a person(s) could withdraw 4% of their retirement nest egg and never run out of money. Using this calculation, a couple would need an investment portfolio of $633,717 to live a moderate lifestyle in Sharjah, United Arab Emirates.

Annual expenses of $25,349 ÷ 4% = $633,717 portfolio needed.

Of course, everyone’s financial situation is different, and the above calculation could change based on any other sources of passive income and social security income.

Summary

Overall, the cost of living in Sharjah, United Arab Emirates is affordable coming in at $2,112 for a couple living a moderate lifestyle. Those seeking to retire could do so comfortably with a retirement portfolio of $633,717.