Cost of living in Banha
Banha, a city in Egypt, offers a unique blend of affordability and cultural richness. Understanding the cost of living here is crucial for both residents and potential newcomers.
This guide provides a detailed breakdown of Banha's living expenses, 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 $3.57 on average, with a range between $2.01 and $10.05.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $10.17, with prices ranging from $8.28 to $26.64.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $4.42, with a range between $4.02 and $5.03.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $0.7 to $4.02, imported beer $2.81 to $3.02, cappuccino $0.5 to $2.41, and Coke/Pepsi $0.2 to $0.4.
Grocery Prices
- Milk - Milk is priced between $0.7 and $1.01 per liter, averaging $0.8.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $0.4 and $1.01, with an average price of $0.66.
- Eggs (Dozen) - A dozen eggs range from $1.21 to $1.57, averaging $1.41.
- Fruits (e.g., Apples, Oranges) - Apples cost $0.8 to $1.81 per kg, while oranges range from $0.2 to $0.5 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.28 and $0.7 per kg, and lettuce costs $0.1 to $0.4 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs around $0.26.
- Fuel (Gasoline) - Gasoline is priced between $0.24 and $0.31 per liter.
- Taxi Fares - Taxi fares start at $0.4, with a cost of $0.19 to $0.6 per km and $0.76 to $2.01 per hour of waiting.
Housing Costs
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $80.4 to $120.6, averaging $100.5.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $60.3 to $80.4, averaging $70.35.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $8.54 and $20.1, averaging $12.71.
- Internet - Internet services range from $4.62 to $20.1, with an average cost of $8.51.
Cost of Living Rankings
The cost of living indices for Egypt 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 Egypt, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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"Key Takeaways"
Banha offers a low cost of living, with affordable dining and housing options.
Transportation costs are minimal, making it easy to navigate the city without breaking the bank.
Grocery prices are generally low, contributing to the overall affordability of living in Banha.
Conclusion
In conclusion, Banha presents an attractive option for those seeking a cost-effective lifestyle in Egypt.
With its affordable housing, low transportation costs, and reasonable grocery prices, Banha is well-suited for both locals and expatriates looking to manage their expenses efficiently.