Bangladesh is generally cheaper than India, with a cost of living that is around 20-30% lower, making it an attractive option for expats, students, and retirees looking for an affordable lifestyle in South Asia.
Quick Facts
Bangladesh GDP per Capita (PPP)4,561
India GDP per Capita (PPP)7,174
Bangladesh Inflation Rate5.5%
India Inflation Rate6.2%
Overall Winner (Cheaper)Bangladesh
Overview: Bangladesh vs India
The cost of living in Bangladesh and India varies significantly, despite both countries being located in the same region and sharing some cultural and economic similarities. Bangladesh has a lower cost of living, with prices for housing, food, and transportation being generally cheaper than in India. This is due in part to the country's lower GDP per capita and slower economic growth, which has kept prices relatively low. In contrast, India has a more diverse and rapidly growing economy, which has driven up prices in many areas, particularly in the larger cities.
The economic context of both countries also plays a role in determining the cost of living. Bangladesh has a largely agricultural-based economy, while India has a more diversified economy with a strong services sector. This has led to higher prices for certain goods and services in India, particularly in areas such as healthcare and education. However, both countries offer a range of options for accommodation, food, and transportation, making it possible for visitors and expats to find affordable options that suit their budget and lifestyle.
Rent & Housing Comparison
Item
Bangladesh (USD)
India (USD)
Difference
1BR Apartment (City Center)
150
250
40% cheaper
1BR Apartment (Outside)
80
150
46% cheaper
3BR Apartment (City Center)
300
500
40% cheaper
Food & Dining Comparison
Item
Bangladesh (USD)
India (USD)
Difference
Meal at Restaurant
3
5
40% cheaper
Groceries (monthly)
50
80
37% cheaper
Beer (500ml)
2
3
33% cheaper
Coffee
1
2
50% cheaper
Transport Comparison
Item
Bangladesh (USD)
India (USD)
Difference
Monthly Transit Pass
10
20
50% cheaper
Taxi (per km)
0.50
0.80
37% cheaper
Fuel (per liter)
0.80
1.20
33% cheaper
Utilities & Internet Comparison
Item
Bangladesh (USD)
India (USD)
Difference
Utilities (85 sqm apt)
30
50
40% cheaper
Internet (60 Mbps)
20
30
33% cheaper
Mobile Plan
5
10
50% cheaper
Monthly Budget Comparison
Budget Tier
Bangladesh (USD)
India (USD)
Savings
Budget
400
600
33%
Mid-Range
800
1,200
33%
Comfortable
1,500
2,500
40%
Where Each Country Wins
Bangladesh is cheaper for:
Rent and housing, with prices up to 40% lower than in India
Food and dining, with meal prices up to 40% cheaper
Transportation, with taxi fares and fuel prices up to 50% lower
Utilities and internet, with prices up to 50% cheaper
India is cheaper for:
Certain types of clothing and electronics, which can be up to 20% cheaper in India
Healthcare services, which can be more advanced and affordable in India
Education, with a wider range of options and potentially lower fees
Travel and tourism, with a more developed infrastructure and wider range of options
Bottom Line
For expats, students, and retirees looking for an affordable lifestyle in South Asia, Bangladesh is generally the better option. The country offers a range of accommodation options, from budget-friendly apartments to more luxurious villas, and a vibrant cultural scene with plenty of opportunities to experience local cuisine, music, and art. However, India may be a better option for those looking for more advanced healthcare services, a wider range of educational options, or a more developed travel and tourism infrastructure. Ultimately, the choice between Bangladesh and India will depend on individual preferences and priorities, but both countries offer a unique and rewarding experience for visitors and expats alike.