Sharm El Sheikh, a renowned resort city in Egypt, is known for its stunning beaches and vibrant nightlife. Understanding the cost of living here is crucial for both residents and visitors.
This guide provides a detailed breakdown of the expenses you can expect, from dining and groceries to housing and transportation, helping you plan your budget effectively.
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.
Sharm El Sheikh offers a relatively affordable cost of living, especially in terms of dining and transportation.
Housing costs are moderate, with reasonable rental prices both in the city centre and outside.
Grocery prices are low, making it economical for daily living expenses.
In conclusion, Sharm El Sheikh provides a cost-effective living environment, particularly appealing for those seeking a balance between affordability and lifestyle.
Whether you're planning a short visit or considering a longer stay, understanding these costs will help you manage your budget effectively.