Cost of living in Narayanganj
Narayanganj, a bustling city in Bangladesh, offers a unique blend of cultural heritage and modern living. Understanding the cost of living here is crucial for anyone planning to move or invest in the area.
This guide provides a detailed breakdown of the expenses you can expect, from dining and groceries to housing and transportation, helping you make informed financial decisions.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $1 on average, with a range between $0.84 and $2.93.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $10.03, with prices ranging from $6.69 to $33.44.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $2.93, with a range between $2.93 and $7.52.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $2.51 to $8.36, imported beer $4.18 to $6.69, cappuccino $0.42 to $2.51, and Coke/Pepsi $0.21 to $0.33.
Grocery Prices
- Milk - Milk is priced between $0.5 and $1 per liter, averaging $0.59.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $0.21 and $1, with an average price of $0.29.
- Eggs (Dozen) - A dozen eggs range from $0.5 to $1.34, averaging $0.88.
- Fruits (e.g., Apples, Oranges) - Apples cost $1 to $2.51 per kg, while oranges range from $0.5 to $2.93 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.08 and $0.5 per kg, and lettuce costs $0.08 to $0.5 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $1.05 and $1.09 per liter.
- Taxi Fares - Taxi fares start at $0.42, with a cost of $0.29 to $0.67 per km and $1.25 to $4.18 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre averages $41.81.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $25.08.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre averages $125.42.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $66.89.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre averages $1349.96.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $20.6 and $37.62, averaging $26.37.
- Internet - Internet services range from $6.69 to $27.58, with an average cost of $15.88.
Cost of Living Rankings
The cost of living indices for Bangladesh are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in Bangladesh, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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Rent Per Month
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Utilities (Monthly)
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Clothing And Shoes
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Buy Apartment Price
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Salaries And Financing
Salaries And Financing
Childcare
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"Key Takeaways"
Narayanganj offers a relatively low cost of living compared to many global cities, with affordable dining and housing options.
Transportation costs are minimal, making it easy to navigate the city without a significant financial burden.
Grocery prices are also quite reasonable, allowing for a comfortable lifestyle without excessive spending.
Conclusion
In conclusion, Narayanganj presents an affordable living environment with a variety of cost-effective options for dining, housing, and transportation.
Whether you're planning to move or invest, understanding these costs can help you make informed decisions and manage your budget effectively.