Cost of living in Hulhumale

Hulhumale, a rapidly developing city in the Maldives, offers a unique blend of urban living and island charm. Understanding the cost of living here is crucial for both residents and potential newcomers.This guide provides a detailed breakdown of expenses in Hulhumale, covering essential categories such as dining, groceries, transportation, housing, and utilities.

Cost of Living Summary

Dining and Restaurants
  • Inexpensive Restaurant MealA meal at a casual restaurant will typically cost $5.5 on average, with a range between $4.21 and $9.71.
  • Mid-Range Restaurant (Three-Course Meal for Two)For a more upscale dining experience, expect to pay around $27.51, with prices ranging from $19.42 to $64.72.
  • Fast Food (e.g., McDonald's)A McMeal or equivalent combo meal averages $9.71, with a range between $7.77 and $16.18.
  • Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi)Domestic beer ranges from $3.24 to $9.71, imported beer $2.59 to $9.71, cappuccino $0.97 to $5.83, and Coke/Pepsi $0.97 to $3.88.
Grocery Prices
  • MilkMilk is priced between $1.49 and $2.27 per liter, averaging $1.79.
  • Bread (Loaf of Fresh White Bread)A loaf of fresh white bread costs between $1.17 and $3.13, with an average price of $1.53.
  • Eggs (Dozen)A dozen eggs range from $1.55 to $2.33, averaging $1.55.
  • Fruits (e.g., Apples, Oranges)Apples cost $1.62 to $6.42 per kg, while oranges range from $1.17 to $5.83 per kg.
  • Vegetables (e.g., Potatoes, Lettuce)Potatoes are priced between $0.97 and $1.94 per kg, and lettuce costs $1.04 to $7.77 per head.
Transportation
  • Fuel (Gasoline)Gasoline is priced between $0.84 and $1.09 per liter.
  • Taxi FaresTaxi fares start at $1.94, with a cost of $1.62 to $1.94 per km and $4.85 to $16.18 per hour of waiting.
Housing Costs
  • 1-Bedroom Apartment Rent (City Centre)Rent for a 1-bedroom apartment in the city centre averages $1294.5.
  • 1-Bedroom Apartment Rent (Outside Centre)Outside the centre, rent averages $970.87.
  • 3-Bedroom Apartment Rent (City Centre)Rent for a 3-bedroom apartment in the city centre averages $2912.62.
  • 3-Bedroom Apartment Rent (Outside Centre)Outside the centre, rent averages $2265.37.
  • Buying Price per Square Meter (City Centre)The price per square meter to buy an apartment in the city centre averages $5381.96.
  • Buying Price per Square Meter (Outside Centre)Outside the centre, the price per square meter averages $500.
Utilities
  • Basic Utilities (Electricity, Heating, Water, etc.)Basic utilities for an 85m2 apartment cost between $77.67 and $226.54, averaging $122.98.
  • InternetInternet services range from $42.07 to $181.23, with an average cost of $42.07.

Cost of Living Data

The following pricing data has been gathered from 10 user contributions, as of the most recent update in November, 2024.
Restaurants
Avg / Range
Meal, Inexpensive Restaurant
$5.50
Meal for 2 People, Mid-range Restaurant, Three-course
$27.51
McMeal at McDonalds (or Equivalent Combo Meal)
$9.71
Domestic Beer (0.5 liter draught)
$4.53
Imported Beer (0.33 liter bottle)
$4.21
Coke/Pepsi (0.33 liter bottle)
$1.17
Water (0.33 liter bottle)
$0.29
Cappuccino (regular)
$3.10
Markets
Avg / Range
Milk (regular), (1 liter)
$1.79
Loaf of Fresh White Bread (500g)
$1.53
Eggs (regular) (12)
$1.55
Local Cheese (1kg)
$8.99
Water (1.5 liter bottle)
$0.39
Bottle of Wine (Mid-Range)
$8.74
Domestic Beer (0.5 liter bottle)
$2.16
Imported Beer (0.33 liter bottle)
$9.71
Cigarettes 20 Pack (Marlboro)
$7.12
Chicken Fillets (1kg)
$5.45
Apples (1kg)
$4.11
Oranges (1kg)
$3.84
Potato (1kg)
$1.38
Lettuce (1 head)
$3.40
Rice (white), (1kg)
$0.32
Tomato (1kg)
$3.45
Banana (1kg)
$3.75
Onion (1kg)
$1.18
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$8.63
Transportation
Avg / Range
Gasoline (1 liter)
$0.94
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$38,834.95
Taxi Start (Normal Tariff)
$1.94
Taxi 1km (Normal Tariff)
$1.94
Taxi 1hour Waiting (Normal Tariff)
$11.33
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$29,126.21
Rent Per Month
Avg / Range
Apartment (1 bedroom) in City Centre
$1,294.50
Apartment (1 bedroom) Outside of Centre
$970.87
Apartment (3 bedrooms) in City Centre
$2,912.62
Apartment (3 bedrooms) Outside of Centre
$2,265.37
Utilities (Monthly)
Avg / Range
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$122.98
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$42.07
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$44.01
Sports And Leisure
Avg / Range
Fitness Club, Monthly Fee for 1 Adult
$64.72
Cinema, International Release, 1 Seat
$8.58
Clothing And Shoes
Avg / Range
1 Pair of Jeans (Levis 501 Or Similar)
$44.66
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$47.46
1 Pair of Nike Running Shoes (Mid-Range)
$95.79
1 Pair of Men Leather Business Shoes
$64.08
Buy Apartment Price
Avg / Range
Price per Square Meter to Buy Apartment in City Centre
$5,381.96
Price per Square Meter to Buy Apartment Outside of Centre
$500.00
Salaries And Financing
Avg / Range
Average Monthly Net Salary (After Tax)
$700.24
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
11.75%
Childcare
Avg / Range
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$161.81
International Primary School, Yearly for 1 Child
$3,198.06
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