Cost of living and prices in Bangladesh, prices of food, rent, shopping, etc 🇧🇩 Updated Jul 2023
Bangladesh is a sovereign country located in Southern Asia, with borders shared by Myanmar and India. Covering an area of 144,000 square kilometres, it has a population of over 156 million people and a population density of 1084.16 people per square kilometre.
The official language is Bengali and the currency is Bangladeshi taka. In terms of its economy, Bangladesh has a gross domestic product (GDP) of $140.2 billion and a GDP per capita of $898. Its top-level domain is .bd.
Despite being one of the poorest countries in the world, the cost of living in Bangladesh is relatively low compared to neighbouring countries. Accommodation and food are inexpensive, making it an attractive destination for travellers and expatriates alike.
Public transport is also affordable, although traffic congestion can be a problem in certain areas. The healthcare system is improving, with both public and private options available for residents and visitors to the country.
Cost of Living Estimate in Bangladesh
You can calculate cost of living in Bangladesh by changing quantity using input near each good or service. Resulting total will appear in a floating box in the bottom of your screen.
When travelling to Bangladesh, food is an essential part of the experience. The cuisine of Bangladesh is a blend of various cultures, such as Mughal, British, Portuguese, and Indian. Furthermore, Bangladeshi dishes vary by region, which means each city has its unique food culture. For example, Dhaka, the capital city, is famous for its traditional biryani, while Chittagong is well-known for its seafood. So, when dining in Bangladesh, travellers should explore different regions and try various dishes.
One of the exciting options for dining in Bangladesh is the street food scene. Most cities in Bangladesh have bustling street food markets where visitors can taste local food. Street food vendors in Bangladesh serve various dishes, such as fuchka (a type of crispy stuffed cracker), chotpoti (chickpea curry), and jhal muri (spicy puffed rice). Travellers can find street food stalls anywhere, from busy street corners to peaceful neighbourhood lanes.
Market prices in Bangladesh can vary greatly depending on the products and regions. The country's economy heavily relies on agriculture, which means that prices for agricultural products can have a significant impact on the overall economy. Additionally, due to the country's population density and lack of resources, prices for basic necessities such as food and clothing can be relatively high compared to other countries in the region.
Furthermore, the availability of products and their quality can also affect market prices in Bangladesh. For example, imported goods tend to cost more due to taxes and transportation fees. However, competition among local suppliers can also help keep prices reasonable. Overall, the market prices in Bangladesh are highly dependent on a variety of factors and can change frequently, making it important for consumers and businesses to stay informed about market trends and fluctuations.
When it comes to transportation in Bangladesh, the most commonly used vehicles are rickshaws and taxis. The brightly decorated rickshaws are a well-known mode of transport throughout the country, particularly in the crowded urban areas. They are a great way to travel short distances and to take in the sights and sounds of the city. Taxis are also widely available, particularly in the larger cities. They offer a more comfortable ride than rickshaws, but can be more expensive and can often get stuck in traffic.
If you're looking for a more adventurous way to get around in Bangladesh, why not try a local boat? The country is known for its extensive network of rivers, so getting around by boat is a common mode of transport, particularly in the rural areas. You can take a leisurely cruise along the rivers, lakes and canals, which offer beautiful views of the countryside and the chance to see traditional rural life up close. Another interesting option is to hire a bicycle to explore the country's many scenic areas. Biking is a great way to get some exercise while taking in the sights and sounds of the country.
Utilities Per Month prices
When traveling to Bangladesh, it's important to keep in mind that utilities costs can vary greatly depending on where you are staying. In larger cities such as Dhaka, electricity is often more expensive due to higher demand, whereas in more rural areas, utilities costs may be lower. Additionally, water is a significant expense in Bangladesh as the country lacks proper infrastructure for water management which means the cost of water is much higher than in other countries. Visitors should plan accordingly and budget for these costs as they can add up quickly.
Another important consideration when it comes to utilities in Bangladesh is the impact of the country's climate. During the hot, humid summer months, air conditioning is a necessity for many travelers, but the cost of running an AC unit can be quite high in Bangladesh. Additionally, during the monsoon season, there may be frequent power outages or disruptions to water service, which can add to the overall cost of utilities. It's important to research the specific utilities set-up in the area you will be staying and, if possible, find accommodations that include utilities in the overall cost of your stay.
Sports And Leisure prices
Bangladesh is a country that boasts a rich sporting culture with cricket being the national sport. It is not uncommon to find people playing cricket in the streets, parks, and even on rooftops. If you're a sports enthusiast, catching a live cricket match at the Sher-e-Bangla National Stadium is the ultimate experience. The stadium is the hub of cricket in Bangladesh, hosting both international and domestic matches. Besides cricket, football, and hockey are also popular sports, and you can catch a match almost every weekend at numerous indoor and outdoor arenas. There are even opportunities for adventure sports such as rock climbing, kayaking, and hiking in remote areas of the country.
If you're looking for a more relaxed way to spend your time in Bangladesh, there's plenty of leisure activities available too. The country has a rich history and a diverse culture, and visiting landmarks such as Ahsan Manzil, Lalbagh Fort, and the National Museum can give you insight into the country's past. If you want to immerse yourself in nature, visit the Sundarbans, a vast mangrove forest that is home to the Bengal tiger. For shopping enthusiasts, Bangladesh is famous for its traditional textiles, especially muslin and silk. You can also explore colorful markets such as New Market in Dhaka or the Sylhet tea gardens. And of course, the vibrant nightlife in Dhaka and other major cities provides lots of opportunities to unwind and socialize with locals.
Salaries And Financing prices
Salaries in Bangladesh vary depending on the industry and job type. The average monthly income in the country is lower compared to other countries, but it's still enough to live on as the cost of living is generally lower. If you're traveling to Bangladesh and plan to work or offer services, it is important to research the average salaries for your field to ensure you're being paid fairly. It is also important to note that negotiating your salary is common practice in Bangladesh.
Financing in Bangladesh has come a long way, with a more stable banking system, an increasing number of ATMs, and a growing number of mobile financial services. However, it is important to note that not all businesses and establishments accept credit or debit cards, so always carry cash. You can withdraw cash from ATMs but be aware of any fees and limitations that may apply. It is also recommended to notify your bank of your travel plans before leaving to avoid any payment blocks or fraud alerts.
Childcare prices in Bangladesh vary depending on the type of institution and the services provided. Schools in Bangladesh typically offer childcare services for children between the ages of 3 and 5. The cost of school-based childcare is often much lower than private daycare and kindergarten services due to government subsidies.
Kindergartens in Bangladesh typically offer full-day or half-day programs for children between the ages of 3 and 6. The price of private kindergarten services can be significantly higher than school-based childcare due to their specialized curriculum and additional services provided. Many kindergartens in Bangladesh also offer extracurricular activities such as language classes, music lessons, and sports programs, which can add to the overall cost.
Clothing And Shoes prices
Bangladesh has a vast selection of clothing and shoes at an affordable price. The clothing industry in Bangladesh is growing and becoming increasingly popular around the world. People can find a wide range of clothing, from traditional ethnic outfits to modern Western styles. There are options for all budgets, including designer wear, factory outlets, and local markets.
Shoes are also widely available in Bangladesh. Whether you're looking for handmade leather sandals or trendy sneakers, you can find them at reasonable prices. Local shops offer a variety of shoe styles for men, women, and children. There are also international brands available in malls and shopping centers. You won't have to break the bank for stylish clothing and footwear in Bangladesh.
Rent Per Month prices
Short-term rental options in Bangladesh have become increasingly popular over recent years. The country offers various types of rentals, ranging from budget-friendly places to high-end accommodations. These options are ideal for people who need to stay in the country for a short period. Short-term rentals can be found in different parts of the country, including Dhaka, Chittagong, and Sylhet, and are available in several types such as apartments, guesthouses, and hotels. The prices of these rentals can vary depending on the location, type, and duration of the stay. However, they are typically more affordable than long-term rentals and offer greater flexibility.
For those who are looking for extended stays in Bangladesh, there are several long-term accommodation options available. These options typically include furnished apartments and houses that come equipped with basic utilities such as electricity, water, and gas. These accommodations are ideal for expatriates, students, and business travelers who may need to stay in the country for several months. The prices of long-term rentals are generally reasonable, and the residents can enjoy comfortable living at an affordable rate. Overall, short and long-term rentals in Bangladesh provide a cost-effective solution for anyone looking to stay in the country without breaking the bank.
Buy Apartment prices
Real estate buying options in Bangladesh are vast and varied, catering to a wide range of preferences and budget constraints. From apartments and condos to villas and townhouses, there is something for everyone. Land is also readily available for those looking to build their dream homes or invest in property that will appreciate in value over time. Whether you prefer a modern, urban lifestyle or a more laid-back, rural atmosphere, Bangladesh has plenty of options to choose from.
While real estate prices in Bangladesh are generally affordable compared to other countries, they can vary greatly depending on the location and type of property. Prices in the major cities tend to be higher than in rural areas, and newer developments and buildings typically come with a higher price tag. However, there are still many great deals to be found throughout the country, making it a great place to invest in real estate. Whether you are looking to buy a home for yourself or want to invest in property as a business venture, there are plenty of options available in Bangladesh to suit your needs and budget.