The cost of living in Egypt can be very inexpensive if one takes the time to familiarize themselves with the ins and outs of the city.
The cost of eating in Egypt can also be very affordable. If you opt to avoid meat and dine in simple places then you can survive on a food budget of just E£15 per day.
In the major cities and areas of Luxor, Aswan, Cairo or the oases, there is the idea that everyone must be tipped – the infamous ‘baksheesh’.
This can become quite costly and frustrating. It is advised that you always check your receipt when making a purchase because store owners and cashiers have no problem adding on stiff baksheesh’s (tips), without your consent. This can be contested if noticed right away.
On the plus side of moving to Egypt, household expensive like utilities and cleaning services are very low. Electricity bills are around the equivalent of $10 to $15 per month, even with the air-con running half the day. Petrol costs are equally low and it’s very affordable to hire someone to keep your home clean once a week for around the equivalent of $15 per week.
Estimated exchange rate:
$ 1 = EGP 6
€ 1 = EGP 8
£ 1 = EGP 11.50
Here follows a cost guide to living in Egypt:
Accommodation (monthly rent in good area)
Furnished 2 bedroom apartment EGP 3,000
Room in shared apartment EGP 1,500
Food and Drink
Milk EGP 8
Cheese EGP 25
Dozen eggs 12 EGP 9
White Bread EGP 9
Spaghetti EGP 15
Coca Cola EGP 9
Still mineral water EGP 5
Potatoes EGP 8
Tomatoes EGP 8
Bananas EGP 10
Fresh beef fillet EGP 60
Fresh whole chicken EGP 30
Fresh white fish EGP 29
Table salt EGP 8
Imported can of beer EGP 20
Fine wine EGP 60
Imported Cigarettes EGP 10
Household
Laundry detergent EGP 62
Dishwashing liquid EGP 19
Soap EGP 6
Toothpaste EGP 8
Shampoo EGP 22
Aspirin EGP 7
Utilities
Telephone line (monthly rental) EGP 26
Purchase of cheap cell phone EGP 220
An apartment monthly energy costs EGP 50
Eating Out, Entertainment & Health
Three-course dinner in restaurant EGP 110
Fast-food meal EGP 30
Cup of coffee in bar/cafe EGP 14
Beer in bar EGP 26
Annual gym membership EGP 4,000