Country LB Cost of Living Analytics

Living expenses and utilities

Basic Utilities (85m²)

$239

Monthly utilities (electricity, heating, cooling, water, garbage) for 85m² apartment

Mobile Phone Plan

$58

Mobile phone monthly plan with calls and 10GB+ data

Internet (60 Mbps)

$37

Internet (60 Mbps or more, unlimited data) monthly cost

Average Monthly Salary

$442

Average monthly net salary after tax

Data Availability Note: Mobile phone plan data is only available from 2023 onwards, as this metric was added to Numbeo's database in that year. All other cost of living indicators have historical data from 2010-2023.

Basic Utilities (85m²)

Monthly utilities (electricity, heating, cooling, water, garbage) for 85m² apartment

Mobile Phone Plan

Mobile phone monthly plan with calls and 10GB+ data

Internet (60 Mbps)

Internet (60 Mbps or more, unlimited data) monthly cost

Average Monthly Salary

Average monthly net salary after tax

Additional Insights

Expert analysis of Country LB Cost of Living trends and investment implications

Market Overview

Lebanon's real estate market presents a mixed investment landscape with significant opportunities in undervalued properties due to economic challenges. Despite a volatile GDP and political instability, certain sectors offer high rental yields and potential for capital appreciation, particularly in Beirut. However, investors must navigate regulatory complexities, currency risks, and a shifting demand-supply balance exacerbated by population dynamics.

Key Findings

Data-driven insights

•Between 2011 and 2024, Lebanon's GDP growth has been inconsistent, often trailing behind house price growth, which averaged 4% annually despite economic downturns.
•Rental yields in Beirut's city center remain attractive at approximately 7%, compared to an average interest rate of 6%, indicating potential for positive cash flow through leveraged investments.
•Population growth, at an annual rate of 0.9%, has outpaced housing supply, particularly in urban areas, creating upward pressure on prices and rents.
•The quality of life in major cities like Beirut does not correlate directly with high property prices, offering potential value for investors seeking long-term growth.

Market Trends

Historical patterns

•Economic instability and currency fluctuation remain major concerns, leading to increased interest in properties as a hedge against inflation.
•There is a growing trend toward urbanization, with demand for properties in Beirut increasing as rural populations migrate to urban centers.
•Regulatory changes, particularly concerning foreign ownership, are evolving, potentially impacting market accessibility for international investors.

For Investors

Actionable takeaways

•Focus on properties in Beirut, particularly in emerging neighborhoods, as they offer the best balance of growth potential and rental yield.
•Be cautious of currency risk and consider hedging strategies, as the Lebanese pound's volatility could impact returns.
•Apartments, especially 1-bedroom and studio units, are in high demand due to urbanization and lifestyle shifts, making them ideal investment targets.
•The current market suggests a wait-and-see approach for large-scale investments until economic conditions stabilize, but smaller strategic buys in high-demand areas could be beneficial.

Market Context

Compared to regional markets such as Cyprus and Jordan, Lebanon offers higher potential returns but with significantly higher risk due to political instability and currency issues. Investors seeking high-risk, high-reward opportunities may find Lebanon attractive, particularly in its urban real estate sectors.

💡 Insights based on historical data. Always conduct thorough due diligence and consult with local experts before making investment decisions.