Cost of living and prices in Egypt, prices of food, rent, shopping, etc 🇪🇬 Updated Jul 2023
Egypt is an African country that shares its borders with Israel, Libya, and Sudan. With a land area of over 1 million square kilometers, Egypt has a population of about 80.47 million people, giving it a population density of 80.36 people per square kilometer. The official language of Egypt is Arabic, and the country's GDP is about $262 billion, with a GDP per capita of $3256. The locally used currency is the Egyptian pound, and the top-level domains in Egypt are .eg.
If you are considering moving to Egypt, it's essential to understand the cost of living in the country fully. The good news is that the cost of living in Egypt is relatively low, affording residents an attractive lifestyle without breaking the bank. A significant factor that drives down the cost of living is the country's low cost of housing. Compared to other countries in Africa, homes in Egypt are still affordable. Those moving from other countries can expect to find a cozy apartment for a price that won't dent their finances.
Another element that makes Egypt a cost-effective location to live in is the low cost of food and groceries. With plenty of street markets and local bazaars dotting the streets, residents can enjoy fresh produce at low prices. The country's proximity to other African countries means that imported goods are also not as expensive as in other countries. Importantly, the cost of living in Egypt is much lower compared to many developed countries globally.
Cost of Living Estimate in Egypt
You can calculate cost of living in Egypt by changing quantity using input near each good or service. Resulting total will appear in a floating box in the bottom of your screen.
If you're traveling to Egypt, you'll be pleasantly surprised by the abundance of dining options available to you. From traditional Egyptian dishes like koshari and ful medames to international cuisine such as Italian and Chinese, you'll find something to satisfy your taste buds. Cairo boasts some of the best dining options, with restaurants catering to every budget, occasion, and taste. If street food is more your style, you're in luck. Egyptian street food is not only delicious but also affordable. You can find delicious falafel sandwiches and koshari on almost every street corner.
For a unique dining experience, consider booking a dinner cruise on the Nile river. You can enjoy international cuisine while cruising past some of Egypt's most iconic landmarks, including the Pyramids of Giza and the Sphinx. For a taste of luxury, try one of the many high-end restaurants that specialize in Egyptian cuisine with a modern twist. Finally, for coffee lovers, Egypt has a thriving coffee scene. From roasting their own beans to serving traditional Egyptian coffee in brass pots, you'll find it all in the many coffee shops scattered throughout the country.
In Egypt, market prices are highly influenced by various factors such as supply and demand, global economic stability, inflation, and government regulations. The cost of living in Egypt is relatively lower compared to other countries, however, certain products and services are expensive due to the limited local production or the high import cost. Therefore, the pricing of basic commodities such as food, clothing, and utilities is usually reasonable and affordable, while luxury goods and imported products can be quite costly.
Additionally, the fluctuation of the Egyptian pound's value against foreign currencies can greatly affect market prices. The tourism industry is a significant contributor to the country's economy, and changes in the exchange rate can impact the prices of goods and services. Therefore, it is advisable to keep track of the currency exchange rates before making any purchases or investments in Egypt, as market prices can change rapidly based on this factor alone.
Traveling around Egypt can be exciting and overwhelming at the same time, but there are several transportation options available to make your journey easy and comfortable. One of the most popular modes of transportation for locals is the train. There are many railway services available across the country that provides easy access to all the major cities, including Cairo, Alexandria, Luxor, and Aswan. The trains offer different classes, including sleeper class, first class, and second class. So, regardless of your budget and comfort level, you will easily find a train option that suits your needs.
If you're looking for a more adventurous way to explore Egypt, consider taking a felucca ride on the Nile River. A felucca is a traditional wooden sailing boat that has been used for centuries in Egypt. Sailing on a felucca is a peaceful and relaxing way to experience the beauty of the Nile and take in the stunning scenery of the surrounding landscape. You can hire a felucca for a few hours or even for several days, allowing you to explore different parts of the Nile. While it may not be the fastest mode of transportation, sailing on a felucca is an experience that you will never forget.
Utilities Per Month prices
When traveling to Egypt, it's important to keep in mind the cost of utilities as they can add up quickly. Electricity and water bills in Egypt can be quite high, especially if you plan on staying in a hotel that provides air conditioning or heating. It's important to be mindful of your consumption and turn off appliances when not in use to avoid any unexpected expenses. It's also worth noting that some areas in Egypt may experience power outages or water shortages, so it's always a good idea to have a backup plan in case of emergencies.
Another utility cost to consider when traveling to Egypt is internet usage. Many hotels and hostels offer free Wi-Fi, but if you plan on using your phone or a mobile hotspot for internet access, keep in mind that data plans in Egypt can be expensive. To save on costs, consider purchasing a local SIM card with data, which can be found easily in many stores and street vendors. Additionally, if you plan on making international phone calls, it's important to check with your mobile provider about roaming fees to avoid any unexpected charges on your bill.
Sports And Leisure prices
If you're a sports enthusiast travelling to Egypt, you're in for a treat. Egypt offers a plethora of sports and leisure activities to suit every taste. Whether you're into horseback riding, scuba diving or rock climbing, there's something for everyone here. Egypt is particularly famous for its water sports, with diving and snorkelling being the most popular. The Red Sea boasts some of the world's best diving sites, where you can explore colourful coral reefs, shipwrecks, and an abundance of sea life. If you prefer to stay on land, kite-surfing, sandboarding, and quad-biking are some of the many activities on offer. So get your adrenaline pumping and explore the thrilling side of Egypt's sports and leisure scene.
If you're looking for a more laid-back way to spend your time in Egypt, there are plenty of leisure activities to enjoy as well. Egypt is home to a rich cultural heritage, and there are countless historical sites that are worth exploring. The ancient city of Luxor is a popular destination for tourists, with its stunning temples and tombs that date back thousands of years. Cairo is also a great place to visit, with its bustling markets, museums, and art galleries. And if you're looking for a more relaxing way to spend your time, why not take a cruise down the Nile? Soak up the stunning scenery and enjoy the peaceful atmosphere as you meander down one of the world's most iconic rivers. Whether you're into high-octane sports or prefer to take it easy, Egypt is the perfect destination for sports and leisure enthusiasts.
Salaries And Financing prices
Salaries in Egypt can vary greatly depending on the industry and level of education or experience. Generally, the average salary in Egypt is lower than in many developed countries, but it can still be possible to live comfortably with a decent salary. Many jobs in the tourism and hospitality industry offer opportunities for tips, which can help supplement earnings. It's important to research the average pay for your desired job and negotiate a fair salary when possible.
Financing in Egypt can be a bit challenging for travelers. Credit card use is not as widespread as it is in some other countries, so it's important to have cash on hand. ATMs are available in many locations, but they may not always be reliable. It's also important to be aware of potential scams or theft when carrying cash. It may be a good idea to split your cash into multiple locations on your person or use a money belt to keep it safe. Additionally, it's smart to have a plan in place for exchanging currency before you arrive to ensure you're getting a fair exchange rate.
In Egypt, the prices of childcare vary depending on the type of facility and the provider's quality. Schools tend to be more expensive than Kindergartens because they offer more comprehensive programs and facilities. However, private Kindergartens may have higher fees compared to public schools. The prices also differ based on location, with urban childcare centers generally having higher rates than those in rural areas.
When it comes to choosing the best childcare option, parents must consider their budget and their child's needs. Some schools and Kindergartens offer different pricing packages and discounts for siblings or early payment, making it easier for parents to manage the cost. The quality of the education and facilities must also be taken into account to ensure that children receive proper care and a good foundation for their learning journey.
Clothing And Shoes prices
Egypt is a country where you can find affordable yet high-quality clothing and shoes. Whether you are looking for traditional Egyptian attire or modern Western fashion, there are many options available. Local markets such as Khan el-Khalili in Cairo or Souq Al-Attarine in Alexandria offer a wide range of clothing and shoe options at bargain prices. If you are looking for something more upscale, there are also many shopping malls and designer boutiques in Egypt's major cities.
Another great place to find clothing and shoes in Egypt is online shops. Many local and international brands have online stores that offer a wide range of options, from casual wear to formal attire. Online shopping is convenient and often offers discounts and promotions. Some popular online shopping platforms in Egypt include Jumia, Souq, and Namshi. Whether you prefer to shop in person or online, you are sure to find clothing and shoes to fit your style and budget in Egypt.
Rent Per Month prices
Short term rental options are widely available in Egypt, ranging from private rooms to entire apartments or villas. Many property owners and managers offer flexible lease terms to accommodate travelers and those in need of temporary housing. Some popular locations for short term rentals include Cairo, Alexandria, and Hurghada with many options available to suit all budgets and preferences, from basic to luxury accommodations.
Another popular option in Egypt is short-term stays in hotels, resorts, and guesthouses. Many properties offer discounted rates for stays of a week or more, making them a great choice for those looking to explore the country for an extended period. The offerings range from basic economical hotels to lavish resorts that are perfect for those looking for a luxurious vacation experience.
Buy Apartment prices
Real estate in Egypt offers a wide range of options for buyers looking for a new home or investment opportunity. From apartments and villas to townhouses and luxury estates, there are numerous properties available in the market to match every budget and preference. Egypt offers different types of ownership for real estate including freehold and leasehold, depending on the location and type of property.
The prices of real estate in Egypt vary depending on the location, size, type of property, and other factors such as market demand and property condition. Generally, properties located in prime areas, such as Cairo and Alexandria, command higher prices than those in less affluent areas. The real estate market in Egypt has been showing positive trends in recent years, with increasing demand and a growing number of new developments. This makes it an exciting time to explore the real estate market in Egypt for both local and foreign investors.