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

Quick Facts

Cost LevelAffordable
Daily Budget (Backpacker)$20-40 USD
Daily Budget (Mid-Range)$40-80 USD
Daily Budget (Comfort)$80-150 USD
CurrencyEGP
Tipping Customexpected (5-10%)

How Expensive Is Egypt?

Egypt is considered an affordable country to visit or live in, with a cost of living that is lower than many other countries in the world. Compared to its neighbors, Egypt is relatively cheap, with prices for accommodation, food, and transportation being lower than in countries such as Israel or Libya. However, prices in Egypt can vary greatly depending on the location, with cities like Cairo and Alexandria tend to be more expensive than smaller towns and rural areas. Overall, Egypt offers a great value for money, with a rich history, culture, and natural beauty to explore.

Egypt's affordability is due in part to its large population and competitive markets, which help to keep prices low. Additionally, the country's economy has been growing in recent years, which has led to an increase in tourism and investment. This has resulted in a wider range of accommodation and dining options, making it easier for visitors to find something that suits their budget. Whether you're a backpacker, a mid-range traveler, or looking for a comfortable and luxurious experience, Egypt has something to offer.

Accommodation Prices

TypePrice Range (USD/night)Notes
Hostel/Budget$5-15Basic dorms and private rooms, shared facilities
Mid-Range Hotel$20-50Clean and comfortable rooms, private bathroom, TV, and air conditioning
Luxury/Resort$80-200High-end amenities, private beach, pool, and fitness center
Apartment Rent (monthly)$100-500City center: $200-500, outside city center: $100-300

Food & Dining Prices

Meal TypePrice Range (USD)
Street Food / Local Eatery$1-3
Casual Restaurant$5-10
Mid-Range Restaurant (2 people)$15-30
Fine Dining$30-50
Beer (local)$2-5
Coffee$1-3
Water (1.5L bottle)$0.50-1

Transport Costs

TransportCost (USD)
Local bus/metro ride$0.25-1
Taxi (per km)$0.50-1
Domestic flight$50-150
Fuel (per liter)$0.50-1

Monthly Budget Breakdown

CategoryBudget ($)Mid-Range ($)Comfortable ($)
Rent100-200200-400400-800
Food150-300300-600600-1,200
Transport20-5050-100100-200
Utilities50-100100-200200-400
Entertainment50-100100-200200-400
Total420-750850-1,5001,500-2,800

Money-Saving Tips

  • Consider staying in budget-friendly accommodations, such as hostels or guesthouses, which can offer a great value for money.
  • Eat at local eateries or street food stalls, which offer delicious and affordable meals.
  • Use public transportation, such as buses or metro, which are cheap and efficient.
  • Avoid traveling during peak season, when prices for accommodation and tourist attractions tend to be higher.
  • Learn some basic Arabic phrases, which can help you navigate and negotiate prices more effectively.
  • Consider purchasing a local SIM card or portable Wi-Fi hotspot, which can help you stay connected and avoid high roaming charges.