Why are Saudi middle class families disappearing?
Why are Saudi middle class families disappearing?
March 4, 2016 | 12:01 AM
Abdullah Sayel
3 minute read
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ResizeAbdullah Sayel
Al-Yaum
We can say that the term middle class denotes a family whose breadwinner makes less than SR20,000 a month. I am talking here about an entire family, not a single person. If the husband and wife together make SR20,000 a month, then this would mean that they are middle class as long as they both use their money to provide for the same family.
The criteria of a middle class family differ from one city to another and from one region to another. A middle class family living in Hafr Al-Batin, Qurayyat or Najran makes 40 percent less than that of their counterparts in Dammam, Jeddah or Riyadh. However, I would like to focus on big cities.
Why should we worry about the disappearance of middle class families? It is because they constitute an important part of society. The most important component of any economy depends heavily on the existence of this class. That is why there are widespread fears that this class might disappear due to high living expenses.
The majority of these families use drivers and pay them SR1,500 a month. They pay an average of SR3,000 a month for school fees, SR5,000 in rent or housing loans, SR2,000 on monthly car installments, SR1,000 on medical costs and SR1,500 on housemaids, not to mention the cost of utility bills which is around SR3,000. We are talking about SR17,000 every month and we have not even talked about the cost of food, entertainment, etc.
The government understands this and exerts great efforts to help middle class families. It is working on implementing a metro project to reduce our reliance on drivers. It offers free education at public schools and free medical services to help us save a part of our income.