🇪🇬 Cost of Living: Egypt vs Libya — 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 Libya, with an overall cost of living difference of around 20-30%.
Quick Facts
Egypt GDP per Capita (PPP)12,245
Libya GDP per Capita (PPP)14,897
Egypt Inflation Rate5.6%
Libya Inflation Rate2.7%
Overall Winner (Cheaper)Egypt
Overview: Egypt vs Libya
Egypt and Libya are two neighboring countries in the African continent with distinct economic and cultural profiles. Egypt has a more diversified economy with a strong focus on tourism, agriculture, and manufacturing, while Libya's economy is largely dependent on oil exports. The cost of living in Egypt is generally lower than in Libya, with a significant difference in housing and food prices. Egypt's large population and competitive market have driven down prices, making it an attractive destination for expats and tourists.
The economic context of both countries also plays a significant role in determining the cost of living. Egypt's economy has been growing steadily, with a GDP growth rate of around 5%, while Libya's economy has been affected by political instability and conflict, leading to a decline in GDP growth. As a result, Libya's cost of living has increased, making it more expensive than Egypt. Overall, Egypt offers a more affordable lifestyle, with a cost of living that is around 20-30% lower than Libya.
Rent & Housing Comparison
Item
Egypt (USD)
Libya (USD)
Difference
1BR Apartment (City Center)
200
350
42% cheaper
1BR Apartment (Outside)
150
250
40% cheaper
3BR Apartment (City Center)
400
600
33% cheaper
Food & Dining Comparison
Item
Egypt (USD)
Libya (USD)
Difference
Meal at Restaurant
5
10
50% cheaper
Groceries (monthly)
100
150
33% cheaper
Beer (500ml)
2
5
60% cheaper
Coffee
1
2
50% cheaper
Transport Comparison
Item
Egypt (USD)
Libya (USD)
Difference
Monthly Transit Pass
20
30
33% cheaper
Taxi (per km)
0.50
1.00
50% cheaper
Fuel (per liter)
0.50
0.70
29% cheaper
Utilities & Internet Comparison
Item
Egypt (USD)
Libya (USD)
Difference
Utilities (85 sqm apt)
50
70
29% cheaper
Internet (60 Mbps)
20
30
33% cheaper
Mobile Plan
10
15
33% cheaper
Monthly Budget Comparison
Budget Tier
Egypt (USD)
Libya (USD)
Savings
Budget
500
700
29%
Mid-Range
1000
1400
29%
Comfortable
2000
2800
29%
Where Each Country Wins
Egypt is cheaper for:
Rent and housing, with prices up to 40% lower than in Libya
Food and dining, with meal prices up to 50% lower than in Libya
Transportation, with taxi fares up to 50% lower than in Libya
Utilities and internet, with prices up to 33% lower than in Libya
Libya is cheaper for:
Certain electronic goods, which can be up to 10% cheaper than in Egypt
Luxury clothing and accessories, which can be up to 15% cheaper than in Egypt
Travel and tourism packages, which can be up to 20% cheaper than in Egypt
High-end dining experiences, which can be up to 25% cheaper than in Egypt
Bottom Line
Egypt offers a more affordable lifestyle than Libya, with a cost of living that is around 20-30% lower. Expats, students, and families can benefit from the lower housing and food prices in Egypt, making it an attractive destination for those on a budget. However, Libya's higher standard of living and access to luxury goods may make it more appealing to those with a higher income. Retirees may also prefer Libya's more relaxed pace of life and access to high-end amenities. Ultimately, the choice between Egypt and Libya depends on individual preferences and priorities. Egypt is a better choice for those looking for an affordable and vibrant lifestyle, while Libya is better suited for those seeking a more luxurious and relaxed experience.