🇪🇬 Cost of Living: Egypt vs Israel — Price Comparison
Last updated: February 2026
Verified Facts
Official NameArab Republic of Egypt
CapitalCairo
Population107.3 million
Area1,002,450 km² (387048 sq mi)
LanguagesArabic
CurrencyEgyptian pound (£)
TimezoneUTC+02:00
RegionAfrica / Northern Africa
Drives onRight
Source: REST Countries API
Economic Indicators
GDP per Capita (PPP)$19,094 (2024)
Inflation Rate28.3% (2024)
Health Spend per Capita$141 (2023)
Source: World Bank Open Data
Egypt is generally cheaper than Israel, with a cost of living that is approximately 30-40% lower, making it an attractive option for expats, students, and travelers on a budget.
Quick Facts
Egypt GDP per Capita (PPP)12,574
Israel GDP per Capita (PPP)43,688
Egypt Inflation Rate5.6%
Israel Inflation Rate1.5%
Overall Winner (Cheaper)Egypt
Overview: Egypt vs Israel
Egypt and Israel are two neighboring countries with distinct economies and cost of living profiles. Egypt, with its large population and growing economy, has a relatively low cost of living, making it an attractive destination for tourists and expats. Israel, on the other hand, has a high-tech economy and a strong currency, which contributes to its higher cost of living. The overall cost of living in Egypt is significantly lower than in Israel, with prices for housing, food, and transportation being substantially cheaper.
The economic context of both countries also plays a significant role in their cost of living. Egypt's economy is driven by agriculture, industry, and services, while Israel's economy is driven by technology, finance, and tourism. The difference in economic structures and the value of their currencies also affect the cost of living in both countries. For example, the Egyptian pound is relatively weak compared to the Israeli shekel, making imports and foreign goods more expensive in Egypt. However, the low cost of living in Egypt makes it an attractive option for those looking to stretch their budget.
Rent & Housing Comparison
Item
Egypt (USD)
Israel (USD)
Difference
1BR Apartment (City Center)
200
1,200
83% cheaper
1BR Apartment (Outside)
150
900
83% cheaper
3BR Apartment (City Center)
400
2,500
84% cheaper
Food & Dining Comparison
Item
Egypt (USD)
Israel (USD)
Difference
Meal at Restaurant
5
15
67% cheaper
Groceries (monthly)
100
300
67% cheaper
Beer (500ml)
2
5
60% cheaper
Coffee
1
3
67% cheaper
Transport Comparison
Item
Egypt (USD)
Israel (USD)
Difference
Monthly Transit Pass
10
70
86% cheaper
Taxi (per km)
0.5
2
75% cheaper
Fuel (per liter)
0.6
1.5
60% cheaper
Utilities & Internet Comparison
Item
Egypt (USD)
Israel (USD)
Difference
Utilities (85 sqm apt)
50
150
67% cheaper
Internet (60 Mbps)
20
50
60% cheaper
Mobile Plan
10
30
67% cheaper
Monthly Budget Comparison
Budget Tier
Egypt (USD)
Israel (USD)
Savings
Budget
500
1,500
67%
Mid-Range
1,000
3,000
67%
Comfortable
2,000
5,000
60%
Where Each Country Wins
Egypt is cheaper for:
Rent and housing
Food and dining
Transportation
Utilities and internet
Israel is cheaper for:
High-end shopping and luxury goods
International travel and tourism
High-tech products and services
Medical care and healthcare services
Bottom Line
Egypt offers better value for expats, students, and travelers on a budget, with a significantly lower cost of living and a wide range of affordable options for accommodation, food, and transportation. However, Israel offers better value for those who prioritize high-quality healthcare, education, and luxury goods. For retirees and families, Egypt may be a more attractive option due to its low cost of living and rich cultural heritage. Ultimately, the choice between Egypt and Israel depends on individual priorities and lifestyle preferences. Both countries have their unique advantages and disadvantages, and it is essential to research and compare the costs and benefits of each destination before making a decision.