Are you considering a move to Sharm El Sheikh, Egypt, and wondering about the cost of living? Sharm El Sheikh is a diverse city with a lot to offer, but like any city, it comes with its own set of expenses. In this page, we'll break down the cost of living in Sharm El Sheikh and help you understand whether $856 per month is moderately priced, given the average monthly salary of $226.3.
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Restaurants |
Price |
World Range |
|---|---|---|
|
Meal, Inexpensive Restaurant |
1.68 $ |
|
|
Meal for 2 People, Mid-range Restaurant, Three-course |
43.51 $ |
|
|
McMeal at McDonalds (or Equivalent Combo Meal) |
4.2 $ |
|
|
Domestic Beer (1 pint draught) |
1.45 $ |
|
|
Imported Beer (12 oz small bottle) |
2.14 $ |
|
|
Cappuccino (regular) |
1.96 $ |
|
|
Coke/Pepsi (12 oz small bottle) |
0.44 $ |
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Water (12 oz small bottle) |
0.27 $ |
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Markets |
Price |
World Range |
|---|---|---|
|
Milk (regular), (1 gallon) |
0.8 $ |
|
|
Loaf of Fresh White Bread (1 lb) |
0.39 $ |
|
|
Rice (white), (1 lb) |
0.6 $ |
|
|
Eggs (regular) (12) |
1.23 $ |
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Local Cheese (1 lb) |
2.8 $ |
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Chicken Fillets (1 lb) |
4.4 $ |
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|
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
6.55 $ |
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|
Apples (1 lb) |
1.34 $ |
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|
Banana (1 lb) |
0.73 $ |
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Oranges (1 lb) |
0.27 $ |
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Tomato (1 lb) |
0.31 $ |
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|
Potato (1 lb) |
0.38 $ |
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|
Onion (1 lb) |
0.27 $ |
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|
Lettuce (1 head) |
0.31 $ |
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Water (1.5 liter bottle) |
0.18 $ |
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|
Bottle of Wine (Mid-Range) |
5.17 $ |
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|
Domestic Beer (0.5 liter bottle) |
1.09 $ |
|
|
Imported Beer (12 oz small bottle) |
1.11 $ |
|
|
Cigarettes 20 Pack (Marlboro) |
1.78 $ |
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Transportation |
Price |
World Range |
|---|---|---|
|
One-way Ticket (Local Transport) |
0.32 $ |
|
|
Monthly Pass (Regular Price) |
8.7 $ |
|
|
Taxi Start (Normal Tariff) |
0.42 $ |
|
|
Taxi 1 mile (Normal Tariff) |
0.21 $ |
|
|
Taxi 1hour Waiting (Normal Tariff) |
-- |
|
|
Gasoline (1 gallon) |
0.32 $ |
|
|
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
21013.53 $ |
|
|
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
21013.53 $ |
|
|
Utilities (Monthly) |
Price |
World Range |
|---|---|---|
|
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
51.96 $ |
|
|
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) |
-- |
|
|
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
8.89 $ |
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|
Sports And Leisure |
Price |
World Range |
|---|---|---|
|
Fitness Club, Monthly Fee for 1 Adult |
14.38 $ |
|
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Tennis Court Rent (1 Hour on Weekend) |
5.76 $ |
|
|
Cinema, International Release, 1 Seat |
3.23 $ |
|
|
Childcare |
Price |
World Range |
|---|---|---|
|
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
38.79 $ |
|
|
International Primary School, Yearly for 1 Child |
1616.43 $ |
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Clothing And Shoes |
Price |
World Range |
|---|---|---|
|
1 Pair of Jeans (Levis 501 Or Similar) |
64.66 $ |
|
|
1 Summer Dress in a Chain Store (Zara, H&M, ...) |
96.99 $ |
|
|
1 Pair of Nike Running Shoes (Mid-Range) |
113.15 $ |
|
|
1 Pair of Men Leather Business Shoes |
18.59 $ |
|
|
Rent Per Month |
Price |
World Range |
|---|---|---|
|
Apartment (1 bedroom) in City Centre |
263.44 $ |
|
|
Apartment (1 bedroom) Outside of Centre |
150.87 $ |
|
|
Apartment (3 bedrooms) in City Centre |
409.49 $ |
|
|
Apartment (3 bedrooms) Outside of Centre |
301.73 $ |
|
|
Buy Apartment Price |
Price |
World Range |
|---|---|---|
|
Price per Square Feet to Buy Apartment in City Centre |
355.61 $ |
|
|
Price per Square Feet to Buy Apartment Outside of Centre |
269.4 $ |
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Salaries And Financing |
Price |
World Range |
|---|---|---|
|
Average Monthly Net Salary (After Tax) |
226.3 $ |
|
|
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate |
20.0 % |
|
The monthly expenses for living in Sharm El Sheikh come to a total of approximately $856. This includes an average monthly rent of around $263 for a one-bedroom apartment in the city center, along with utilities costing about $56 per month. Additionally, other expenses such as groceries, transportation, dining out, and leisure activities for one person amount to approximately $226 per month.
Living in Sharm El Sheikh appears to be relatively budget-friendly when considering the average monthly income of $226.3. However, to enjoy a comfortable standard of living in Sharm El Sheikh, you would likely need an income exceeding $226.3.
In Sharm El Sheikh, the average monthly post-tax salary hovers around $226.3, and it isn't tied to any particular skillset or qualification.
The typical monthly rent for a one-bedroom apartment in the central area of Sharm El Sheikh is approximately $263. If you're open to living in a location outside the city center, you can expect to pay around $150.87 for such an apartment.
The expense for groceries in Sharm El Sheikh can fluctuate based on personal choices and shopping patterns. Typically, an individual can budget around $192 per month for groceries. Nevertheless, the actual costs may change depending on various factors, including the specific items bought, the choice of stores, and the availability of discounts or special offers.
The cost of living in Egypt can vary significantly depending on the particular city you have in mind. Using a nationwide average might not provide accurate information. To get a more precise understanding, it's crucial to examine the cost of living in various cities throughout Egypt.
Due to the high risk, there is a special police force in Sharm el-Sheikh, which assists tourists and tries its best to make Sharm el-Sheikh the safe city. The police operate in hotels and at tourist sites. Women traveling on their own are at the risk of being assaulted. When at the street, carry only what you need and leave valuables in a secure location, so as not to attempt thieves.
If you decide to drive in Sharm el-Sheikh, you should know that road travel can be dangerous, due to poor road conditions and reckless drivers. All taxis should be equipped with a meter and if taxi drivers claim that the meter is broken you should negotiate the price. Sexual harassment of women by taxi drivers is common. Buses are the most economical method of transport.
Like all the other risks, the risk of being pickpocketed in Sharm el-Sheikh is so high, that tourists are advised not to carry any kind of expensive items with them. Tourist locations and public transportation are the riskiest places where thieves might rob you.
During the period of heavy rains and strong winds, there might be some dust and sand storms. Some parts of Egypt might experiences earthquakes. All in all, there is a medium risk of natural disasters.
Sharm el-Sheikh is a dangerous place where there have been numerous reports of kidnapping and carjackings. Even though tourists might not be the target of the muggers, you need to be extremely careful. They might stop your car using armory and if this happens to you, it is better not to resist. They are usually aimed at financial items, so it is not you that they want to harm, but to take your valuables and a car.
Sharm el-Sheikh is the city where terrorist attacks are likely to happen due to the extremists linked to Daesh-Sinai who might attack religious sites and locations frequented by tourists since they have already conducted several attacks against Christians over the last year. If you happen to be in the center of some demonstration, be aware that police uses water cannons, tear gas, birdshot and live ammunition for crowd control.
Taxi drivers are the most frequent scammers and travelers are commonly overcharged by them. Use radio taxes which you will call from your hotel, and ask the driver to use a meter. If he/she does not have it, determine the price before the ride.
Even though there are armed police everywhere, to make visitors and locals feel safe, females should not go solo and if they do, they need to be especially vigilant and careful. Many female travelers visited Sharm el-Sheikh without troubles, but there were reports of women being harassed there, too.
A visa is obligatory when coming to Egypt and it can be obtained at the airport for a $25 fee. You can get all the information about visas on useful websites that can help you know if you need a visa or not based on your nationality.
The currency of Egypt is the Egyptian Pound and you can take up to EGP 5,000 in cash with you when entering the country. Tourists need to pay for your accommodation in US dollars. Credit cards are accepted and ATMs can be found in major cities.
Sharm el-Sheikh has desert weather which means that it is often warm or hot. Summer lasts from May to October when the sea is pleasantly warm and you can enjoy long dives. In winter, the stay can be enjoyable, and the temperature is often sufficient for sunbathing. However, the days are short.
Egypt is served by many international airports such as Cairo International Airport, Alexandria International Airport, Marsa Matrouh International Airport, Aswan International Airport, Sohag International Airport, and Sharm El Sheikh International Airport which is the largest in the Sinai.
If you cannot afford travel insurance, you cannot afford to travel so make sure that you have a travel insurance policy that will cover medical problems and the loss of personal items when coming to Egypt.
| Average | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High | 71°F | 72°F | 76°F | 82°F | 88°F | 92°F | 94°F | 94°F | 91°F | 86°F | 80°F | 74°F |
| Temp | 64°F | 66°F | 70°F | 76°F | 81°F | 86°F | 88°F | 89°F | 86°F | 81°F | 73°F | 67°F |
| Low | 57°F | 59°F | 63°F | 69°F | 75°F | 80°F | 83°F | 84°F | 81°F | 74°F | 66°F | 60°F |
| Average | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High | 21°C | 22°C | 24°C | 27°C | 31°C | 33°C | 34°C | 34°C | 32°C | 30°C | 26°C | 23°C |
| Temp | 17°C | 18°C | 21°C | 24°C | 27°C | 30°C | 31°C | 31°C | 30°C | 27°C | 22°C | 19°C |
| Low | 13°C | 15°C | 17°C | 20°C | 23°C | 26°C | 28°C | 28°C | 27°C | 23°C | 18°C | 15°C |