Verified Facts

Official NamePeople's Republic of Bangladesh
CapitalDhaka
Population169.8 million
Area147,570 km² (56,977 sq mi)
LanguagesBengali
CurrencyBangladeshi taka (à§³)
TimezoneUTC+06:00
RegionAsia / Southern Asia
Drives onLeft
Source: REST Countries API

Economic Indicators

GDP per Capita (PPP)$9,647 (2024)
Inflation Rate10.5% (2024)
Health Spend per Capita$53 (2023)
Out-of-Pocket Health Spend79.3% (2023)
Education Spend (% GDP)2.0% (2024)
Source: World Bank Open Data

Quick Facts

Cost LevelAffordable
Daily Budget (Backpacker)$15-30 USD
Daily Budget (Mid-Range)$30-60 USD
Daily Budget (Comfort)$60-100 USD
CurrencyBDT
Tipping Customnot expected

How Expensive Is Bangladesh?

Bangladesh is considered one of the most affordable countries in the world. Compared to its neighbors, India and Myanmar, Bangladesh offers a similar or even lower cost of living. The country's affordable prices make it an attractive destination for backpackers and travelers on a budget. However, prices can vary depending on the location, with major cities like Dhaka and Chittagong tend to be more expensive than smaller towns and rural areas.

The cost of living in Bangladesh is relatively low due to the country's low labor costs, affordable food, and cheap transportation. However, the country's economy is growing rapidly, and prices are increasing, especially in the major cities. Despite this, Bangladesh remains an affordable destination for travelers and expats, offering a unique cultural experience and a low cost of living.

Accommodation Prices

TypePrice Range (USD/night)Notes
Hostel/Budget$5-15Basic dorms and guesthouses, shared facilities
Mid-Range Hotel$20-50Private rooms, air conditioning, TV, and Wi-Fi
Luxury/Resort$50-100High-end hotels, resorts, and boutique hotels with modern amenities
Apartment Rent (monthly)$100-300City center: $200-500, outside city center: $100-200

Food & Dining Prices

Meal TypePrice Range (USD)
Street Food / Local Eatery$1-3
Casual Restaurant$3-10
Mid-Range Restaurant (2 people)$10-25
Fine Dining$25-50
Beer (local)$2-5
Coffee$1-3
Water (1.5L bottle)$0.50-1

Transport Costs

TransportCost (USD)
Local bus/metro ride$0.20-0.50
Taxi (per km)$0.50-1
Domestic flight$50-100
Fuel (per liter)$0.80-1.20

Monthly Budget Breakdown

CategoryBudget ($)Mid-Range ($)Comfortable ($)
Rent100-200200-400400-600
Food150-300300-500500-800
Transport50-100100-200200-300
Utilities50-100100-200200-300
Entertainment100-200200-400400-600
Total500-10001000-20002000-3500

Money-Saving Tips

  • Consider staying in budget-friendly guesthouses or hostels, which can cost as low as $5-10 per night.
  • Eat at local eateries or street food stalls, which offer delicious and affordable meals for $1-3.
  • Use public transportation, such as buses or rickshaws, which are cheap and convenient.
  • Avoid traveling during peak season (December to February) when prices tend to be higher.
  • Learn some basic Bengali phrases, which can help you negotiate prices and interact with locals.
  • Consider buying local SIM cards or prepaid plans for affordable internet and phone services.

Overall, Bangladesh offers a unique and affordable travel experience, with a rich culture, delicious food, and friendly people. With some basic knowledge of the local costs and money-saving tips, travelers can have a comfortable and enjoyable trip to Bangladesh without breaking the bank.