Cost Of Living For a Couple in Alexandria 2024

Couple cost of living chart - average monthly expenditure in Alexandria

Average Monthly Expenditure

Currency: EGP
9,200 28,000 150,000
MINIMUM AVERAGE MAXIMUM
$300 $890 $4,800

Average monthly spending for couples in Alexandria

How much money does a couple need in a month to survive in Alexandria?

Couples in Alexandria spend around 28,000 EGP per month on average. Depending on the lifestyle, a couple can survive with a monthly budget as low as 9,200 EGP or as high as 150,000 EGP. Location and income are very important factors and have a huge influence on expenditure and budget.


Prices and cost of goods and services in Alexandria


Chart showing the prices and cost of grocery, food, restaurant meals, market, and beverages in Alexandria

Dining, food, and beverages costs


Fast food combo meal

24 EGP 47 EGP 78 EGP
MINIMUM AVERAGE MAXIMUM
$0.76 $1.5 $2.5

Restaurant meal for one

79 EGP 120 EGP 240 EGP
MINIMUM AVERAGE MAXIMUM
$2.5 $3.8 $7.6

Fine dining meal for one

160 EGP 240 EGP 950 EGP
MINIMUM AVERAGE MAXIMUM
$5.1 $7.6 $31

Cappuccino or latte

20 EGP 31 EGP 47 EGP
MINIMUM AVERAGE MAXIMUM
$0.63 $1 $1.5

Grocery and market costs


Milk large bottle

16 EGP 19 EGP 24 EGP
MINIMUM AVERAGE MAXIMUM
$0.51 $0.61 $0.76

12 eggs

12 EGP 16 EGP 24 EGP
MINIMUM AVERAGE MAXIMUM
$0.38 $0.51 $0.76

Fresh whole chicken

27 EGP 35 EGP 49 EGP
MINIMUM AVERAGE MAXIMUM
$0.86 $1.1 $1.6

Pack of beef

31 EGP 47 EGP 94 EGP
MINIMUM AVERAGE MAXIMUM
$1 $1.5 $3

Medium bag of rice

13 EGP 17 EGP 24 EGP
MINIMUM AVERAGE MAXIMUM
$0.41 $0.56 $0.79

Bag of tomatos

4.7 EGP 6.3 EGP 12 EGP
MINIMUM AVERAGE MAXIMUM
$0.15 $0.20 $0.38

Bag of apples

8.4 EGP 11 EGP 18 EGP
MINIMUM AVERAGE MAXIMUM
$0.27 $0.36 $0.59
Chart showing the prices and cost of commute, travel, and transportation in Alexandria


Commute, travel, and transportation costs


20 minutes taxi ride

20 EGP 24 EGP 47 EGP
MINIMUM AVERAGE MAXIMUM
$0.64 $0.76 $1.5

Average car full tank

120 EGP 160 EGP 310 EGP
MINIMUM AVERAGE MAXIMUM
$3.8 $5.1 $10

Average car 1-day rental

120 EGP 160 EGP 240 EGP
MINIMUM AVERAGE MAXIMUM
$3.8 $5.1 $7.7

Average car price

59,000 EGP 120,000 EGP 160,000 EGP
MINIMUM AVERAGE MAXIMUM
$1,900 $3,800 $5,100

Bus ticket one way

4 EGP 5.9 EGP 12 EGP
MINIMUM AVERAGE MAXIMUM
$0.13 $0.19 $0.38

Car Service

160 EGP 240 EGP 470 EGP
MINIMUM AVERAGE MAXIMUM
$5.1 $7.7 $15
Chart showing the prices and cost of utility, energy, water, and gas in Alexandria


Utility cost (monthly)


Utility Bill - Couple

370 EGP 1,200 EGP 8,100 EGP
MINIMUM AVERAGE MAXIMUM
$12 $40 $260

Internet and cable

120 EGP 240 EGP 310 EGP
MINIMUM AVERAGE MAXIMUM
$3.8 $7.6 $10

Mobile phone charges

94 EGP 160 EGP 470 EGP
MINIMUM AVERAGE MAXIMUM
$3 $5.1 $15

Leisure and activities costs


Movie ticket

59 EGP 78 EGP 120 EGP
MINIMUM AVERAGE MAXIMUM
$1.9 $2.5 $3.8

One month gym membership

190 EGP 240 EGP 470 EGP
MINIMUM AVERAGE MAXIMUM
$6.1 $7.7 $15
Chart showing the prices and cost of clothing and accessories in Alexandria


Cloths and accessories costs


Pair of jeans or pants

140 EGP 200 EGP 300 EGP
MINIMUM AVERAGE MAXIMUM
$4.5 $6.4 $9.6

Woman dress

130 EGP 180 EGP 590 EGP
MINIMUM AVERAGE MAXIMUM
$4.3 $5.9 $19

Woman shoes

120 EGP 170 EGP 400 EGP
MINIMUM AVERAGE MAXIMUM
$4 $5.5 $13

Men's shoes

110 EGP 130 EGP 260 EGP
MINIMUM AVERAGE MAXIMUM
$3.5 $4.3 $8.5

Men suit

120 EGP 150 EGP 790 EGP
MINIMUM AVERAGE MAXIMUM
$3.8 $4.8 $26

Regular t-shirt

59 EGP 79 EGP 240 EGP
MINIMUM AVERAGE MAXIMUM
$1.9 $2.6 $7.7
Chart showing the prices and cost of housing, accommodation, and rent in Alexandria


Housing costs / monthly rent


Studio apartment

2,000 EGP 3,000 EGP 7,900 EGP
MINIMUM AVERAGE MAXIMUM
$64 $96 $260

1-bedroom apartment

3,000 EGP 4,700 EGP 12,000 EGP
MINIMUM AVERAGE MAXIMUM
$96 $150 $380

2-bedroom apartment

4,000 EGP 5,900 EGP 16,000 EGP
MINIMUM AVERAGE MAXIMUM
$130 $190 $510

Housing costs / Buying


Studio apartment

400,000 EGP 590,000 EGP 1.2M EGP
MINIMUM AVERAGE MAXIMUM
$13,000 $19,000 $38,000

1-bedroom apartment

470,000 EGP 790,000 EGP 3M EGP
MINIMUM AVERAGE MAXIMUM
$15,000 $26,000 $96,000

2-bedroom apartment

790,000 EGP 2.4M EGP 4.7M EGP
MINIMUM AVERAGE MAXIMUM
$26,000 $77,000 $150,000
Chart showing the prices and cost of furniture in Alexandria


Furniture Costs


King Size Bed

2,400 EGP 2,900 EGP 3,900 EGP
MINIMUM AVERAGE MAXIMUM
$76 $95 $130

Double Bed

1,600 EGP 2,400 EGP 2,900 EGP
MINIMUM AVERAGE MAXIMUM
$51 $76 $95

Single Bed

1,400 EGP 1,800 EGP 2,400 EGP
MINIMUM AVERAGE MAXIMUM
$45 $59 $76

Living Room

2,600 EGP 3,400 EGP 12,000 EGP
MINIMUM AVERAGE MAXIMUM
$85 $110 $380

Dining Table

1,200 EGP 1,600 EGP 2,900 EGP
MINIMUM AVERAGE MAXIMUM
$38 $51 $95

Sofa or Couch

1,600 EGP 2,100 EGP 4,700 EGP
MINIMUM AVERAGE MAXIMUM
$51 $69 $150
Chart showing the prices and cost of electronic devices and appliances in Alexandria


Electronics and House Appliance Costs


TV Set

1,600 EGP 2,400 EGP 4,700 EGP
MINIMUM AVERAGE MAXIMUM
$51 $76 $150

Fridge or Freezer

1,400 EGP 2,100 EGP 2,900 EGP
MINIMUM AVERAGE MAXIMUM
$45 $69 $95

Washing Machine

1,800 EGP 2,600 EGP 4,700 EGP
MINIMUM AVERAGE MAXIMUM
$59 $85 $150

Stove or Cooker

1,700 EGP 2,100 EGP 2,900 EGP
MINIMUM AVERAGE MAXIMUM
$54 $69 $95

Mobile Phone

2,000 EGP 2,400 EGP 3,400 EGP
MINIMUM AVERAGE MAXIMUM
$63 $76 $110

Laptop or Computer

2,100 EGP 2,600 EGP 4,700 EGP
MINIMUM AVERAGE MAXIMUM
$69 $85 $150
Couple cost of living and expenditure to income ratio in Alexandria

Couple expenditure to income ratio in Alexandria

Analysing the how affordable it is for couples to live in Alexandria

One of the most definite ways to determine how affordable a place is measuring the ratio of expenses to salary. A high expense-to-income to ratio indicates a high cost-of-living index while a low expenditure-to-salary ratio means the place is affordable to live in. Couples usually spend a larger chunk of their income than other population groups. A typical and healthy expenditure percentage for a couple of four ranges between 70% to 80%.


Spending to Income Ratio

88%

82% to 96%

( expenditure / income ) x 100


Couples in Alexandria spend around 88% of their monthly income. Some couples spend as low as 82% of their income while some as high as 96%.

Distribution of monthly cost of living expenses of a couple in Alexandria

How do couples spend their money in Alexandria?

We asked thousands of couples about their spending habits and expenditure break down.


The percentage figures in this section are percentages of total spending not income. If you would like to see the percentage of expenses as related to income or salary, see other sections.

Housing and accomodation expenditure for couples

Accomodation Cost26%

26% of total expenses on average (19% to 36%)

LOW$100   3,100 EGP
AVERAGE$300   9,400 EGP
HIGH$1,600   50,000 EGP
Per Month

Couples in Alexandria typically spend from 19% to 36% of their total monthly expenditure on housing with 26% being the average. The average monthly spend on housing is 9,400 EGP with expenditure ranging from 3,100 EGP to 50,000 EGP. This cost mainly goes for rent but it also includes other accommodation-related expenses.

Electricity, utilities, energy, water, internet, and mobile expenditure for couples

Cost of utilities8%

8% of total expenses on average (6% to 12%)

LOW$12   370 EGP
AVERAGE$40   1,200 EGP
HIGH$260   8,100 EGP
Per Month

Utility expenditure like electricity, water, and gas in Alexandria ranges from 6% to 12% of total expenses with 8% being the average for most couples. The average monthly cost of utilities is 1,200 EGP with 370 EGP and 8,100 EGP being the upper and lower limits for a couple of four.

Transport, fuel, and commute expenditure for couples

Cost of transport and fuel9%

9% of total expenses on average (3% to 14%)

LOW$36   1,100 EGP
AVERAGE$110   3,300 EGP
HIGH$570   18,000 EGP
Per Month

Fuel consumption and cost of transport depend heavily on whether a couple resides near school and work, but roughly speaking a couple would expect to spend from 1,100 EGP to 18,000 EGP in a month on commuting with 3,300 EGP being the norm for most couples. This means that money spent on transport constitutes about 9% of total spending on average but can go as low as 3% or as high as 14%.

Food, groceries, and basic shopping expenditure for couples

Food and Groceries Cost17%

17% of total expenses on average (12% to 22%)

LOW$42   1,300 EGP
AVERAGE$120   3,900 EGP
HIGH$670   21,000 EGP
Per Month

The average outlay on groceries and basic houshold items for a typical couple in a month in Alexandria is 3,900 EGP. The cost of groceries can range between 1,300 EGP to 21,000 EGP. Couples spend on average about 17% on food and groceries with upper and lower bounds of 12% and 22% respectively.

Healthcare and medical services expenditure for couples

Cost of healthcare14%

14% of total expenses on average (8% to 18%)

LOW$33   1,000 EGP
AVERAGE$98   3,000 EGP
HIGH$520   16,000 EGP
Per Month

Couples in Alexandria allocate 8% to 18% of their total monthly expenditure to healthcare including health insurance and out-of-pocket medical expenses. The average spending on medical services and clinic visits is around 14%. The range of medical expenses range from 1,000 EGP to 16,000 EGP with 3,000 EGP being the norm for most couples.

Leisure and shopping expenditure for couples

Cost of leisure and shopping3%

3% of total expenses on average (1% to 6%)

LOW$18   550 EGP
AVERAGE$54   1,700 EGP
HIGH$290   8,800 EGP
Per Month

This category mostly contains discretionary or non-essential expenses but also some non-discretionary spending like furniture for example. The monthly expenses range from 550 EGP to 8,800 EGP with 1,700 EGP being the average. Speaking of percentages, that equates to 1% to 6% of total expenses with an average of 3% for most couples.

Education and schooling expenditure for couples

Cost of education and schooling1%

1% of total expenses on average (0.00% to 3%)

LOW$5.9   180 EGP
AVERAGE$18   550 EGP
HIGH$95   2,900 EGP
Per Month

Spending on education can vary drastically between different couples. On average, education constitutes 1% of the monthly expenditure of couples with 0.00% and 3% being the lower and upper bounds respectively. The average reported education cost is 550 EGP per month with 180 EGP being the minimum spent amount and 2,900 EGP being the maximum.

Other Expenses21%

21% of total expenses on average (15% to 27%)

LOW$51   1,600 EGP
AVERAGE$150   4,700 EGP
HIGH$810   25,000 EGP
Per Month
Percentage of couples who manage to save money from their income every month in Alexandria

What percentage of couples in Alexandria are able to save money and how much can they save?


Percentage of couples that reported their ability to save money


Saving Money
54%
Not Saving
46%

Almost 54% of surveyed couples in Alexandria said that they can save some money at the end of each month while 46% reported that they have to utilize their whole income to survive.


Couple savings to income ratio in Alexandria

Savings-to-Income Ratio

The savings-to-income ratio is measured as the percentage of income that people save over a specific period and it is simply calculated by dividing the saved money by total income and then multiplying the result by 100. (Savings / Income) x 100.


How much money do couples manage to add to their savings?

The amount of money that people can afford to save depends hugely on their income. It is better to focus on the percentage when trying to understand saving patterns.

Saving to Income Ratio

8.4% 17% of income 30%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

2,700 EGP
$87
8,000 EGP
$260
43,000 EGP
$1,400
MINIMUM AVERAGE MAXIMUM

Savings to income distribution levels for couples

Saving To Income Ratio% Couples
0% - 10%36%
10% - 20%27%
20% - 30%19%
30% - 40%8%
40% - 50%7%
> 50%3%

Interpretation and Analysis

Couples that are able to save money can put anywhere from 8.4% to 30% of their monthly income to their savings, with 17% being the average for most couples. The average monthly amount of money that couples can put aside is 8,000 EGP with 2,700 EGP and 43,000 EGP being the minimum and maximum respectively.

Reasons that make it difficult for couples to save money in Alexandria

Saving Challenges in Alexandria

Reasons that make it difficult for couples to save money

We wanted to understand what is stopping couples from maximizing their savings in Alexandria. Listed below are the answers given by the survey participants.


Reason% People
Low Income5%
High Expenses8%
Debt and Loans13%
Lack of Budgeting Skills12%
Impulsive Spending12%
Financial Emergencies7%
Living the moment5%
Will do it later21%
Inflation13%
Social Pressure3%
Market Instability2%

Around 5% of the couples said that their salary is too low to accommodate a portion for savings while 8% said that the high cost of living leaves little room for savings. 13% of the residents said that they are burdened with debt and find it challenging to save money. 12% reported that they just don't have the knowledge or discipline to create and stick to a budget, leading to overspending and an inability to save. 12% of couples blamed impulsive spending as the reason for saving inability. Around 7% said that unexpected expenses like medical bills or car repairs are derailing their savings goals. 5% bluntly said that they don't see the purpose of it and prefer to live each day to the fullest. 21% reported that they understand the value of saving but are putting off saving for the future, thinking they have plenty of time to start later. 13% blamed inflation, saying that every time they save some money they end up using it immediately. A surprising 3% said that social pressure and keeping up with peers or social expectations makes them overspend. Lastly, 2% blamed market instability and price fluctuations.

Where do couples choose to put their savings in Alexandria

Typical saving choices for couples in Alexandria

Where do people choose to put their savings?


Saving Type% People
Emergency Funds12%
Gold13%
Savings Accounts17%
Retirement Accounts10%
Cash Savings21%
Real Estate9%
Investment5%
Stocks4%
Bonds5%
Mutual Funds2%
Certificates of Deposit3%
A typical and healthy budgeting structure. The 50-30-20 rule

A typical and healthy budgeting structure

The 50/30/20 rule

Spending among different people can vary significantly based on factors such as their income, lifestyle, location, and personal preferences. A commonly used guideline for budgeting is the 50/30/20 rule, which suggests allocating your income into three main categories in the following percentages.

  • 50% for needs and financial obligations

    This category includes essential expenses like housing, utilities, groceries, transportation, and healthcare.

  • 30% for wants and discretionary spending

    This category covers discretionary spending on non-essential items, such as dining out, entertainment, travel, and other lifestyle choices.

  • 20% for savings and emergency fund

    This is the percentage that must be allocated to savings, emergency funds, and retirement accounts.

About financial planning, money management, and household budgeting

The 50/30/20 rule is used as a general guideline but may not be the best choice for all people. There are in fact many budgeting plans out there like the 70/20/10 and the 60/20/20 rules, all claiming to be the best. More important than all of this is to establish financial discipline by creating a budget tailored to your specific financial goals and situation. It is very important that your financial outflow be less than your income to maintain a healthy cash flow.

Income and cost of living compatibility. Is it affordable or economical for couples to live in Alexandria

Affordable living in Alexandria

Income and cost of living compatibility

We asked couples one simple question and recorded their answers.

Is it affordable or economical to live in Alexandria?


Yes
45%
No
55%

Around 45% of surveyed couples think that living in Alexandria is affordable with proper budgeting while 55% reported that it is just too expensive and not affordable even with frugality and thriftness.

How easily is cost-cutting for couples. Are there plenty of low-cost options in Alexandria

Low-cost alternatives in Alexandria

People are always looking for ways to cut down expenses and reduce expenditures. The hallmark of any affordable place is the availability of discount stores, bargain deals, smart or secondhand shopping, refurbished items, and couponing. We asked couples how easily cost-cutting is and the answers were distributed as follows:

Plenty of low-cost options54%

Few low-cost options46%


Based on the survey, 54% of the couples living in Alexandria have no problem finding low-cost alternatives to support a frugal lifestyle while 46% think that thriftness is difficult due to scarcity in discount markets and secondhand outlets.

Emergency Funds For Couples

An emergency fund is a financial safety net comprised of easily accessible savings set aside to cover unexpected expenses or financial emergencies, typically amounting to three to six months' worth of living expenses. We asked couples of Alexandria whether they have an emergency fund and the answers were as follows.

Yes40%

No60%


Based on the survey, 60% of the couples living in Alexandria said that they don't have an emergency fund while 40% said that they do.

Financial literacy and difficulty in budgeting and financial planning for couples in Alexandria

Financial Literacy in Egypt

Financial literacy is the knowledge of concepts and principles related to personal finance that allow individuals to make informed decisions regarding their money such as budgeting, saving, investing, borrowing, managing debt, financial risk management, and planning.

Financial Leteracy38%


We asked couple guardians and parents in Alexandria whether they acquired any adequate personal financial training in their lives. Approximately 62% of the people who participated in the survey said that they are not well informed about the topics of budgeting, saving, etc., and just manage things based on their own experience, while 38% said that they know about the general principles of personal finance from sources other than their own experience.


Difficulty in Budgeting and Financial Planning

We wanted to understand whether couples of Egypt have problems or difficulties in managing their expenditures and savings so we asked people one simple question: do you struggle with your personal finances? 66% of the participants reported that they indeed struggle in creating budgets and in organizing their finances while 34% said that they have everything under control.

Struggles with finance66%

Easily manages finances34%

Financial goals and targets of couples living in Alexandria

Financial goals of couples in Alexandria

In an attempt to understand the economic situation in Alexandria, we asked participants about their financial targets. By knowing what the population in general is trying to achieve, we can shed light on the economic outlook, cost of living, and quality of life in general.


Financial Goal% People
Emergency Fund8%
Debt Reduction43%
Retirement Savings10%
Education Funding7%
Homeownership18%
Investing6%
Travel or Lifestyle6%
Healthcare Expenses14%
Financial Independence5%

Around 8% of couples said that their main goal is to establish an emergency fund to cover unexpected expenses while 43% said their number one priority is to pay off high-interest debt or loans and improve credit. 10% of surveyed people confirmed that saving for retirement to ensure a comfortable lifestyle in the final years is their main target. Around 7% reported that their priority is saving for the tuition fees and education costs of their children while 18% choose to buy a home or pay off existing mortgage before other things. 6% of the population would like to build wealth through investments such as stocks, bonds, mutual funds, or real estate. For 6% of people, saving for vacations or upgrading their lifestyle is the number one concern. Approximately 14% of the residents said that saving for healthcare expenses including insurance premiums is their main goal.

Chart showing the percentage of couples who are in debt in Alexandria

Debt, loans, and mortgages in Alexandria


Percentage of couples who are in debt


In Debt
39%
Debt Free
61%

According to the survey, 39% of the couples in Alexandria have some kind of debt, loan, mortgage, or credit card payments while 61% reported that they don't have financial obligations to banks.


Chart showing debt-to-income ratio in Alexandria

Debt-to-income ratio in Alexandria

Debt to income ratio

35%

26% to 43%

( monthly debt payment / monthly income ) x 100

Interpretation

The debt-to-income ratio measures the percentage of income being paid as debt settlement across the population. It is calculated by dividing the monthly debt settlement payment of an individual by their monthly income. Based on collected data, approximately 35% of a couple's monthly income in Alexandria goes to debt settlement.


Debt levels

Monthly debt settlement payment as percentage of monthly income

Debt-to-income ratio% People
> 60%3%
50% - 60%18%
40% - 50%15%
30% - 40%17%
20% - 30%10%
10% - 20%12%
0% - 10%25%

According to our data, 3% of the debtors in Alexandria pay 60%+ of their income as debt settlement while 18% of the people pay 50% to 60% of their income for the same, which is quite an alarming financial situation for those individuals. 15% of people in debt dedicate 40% to 50% of their income to loan and mortgage payments while 17% dedicated 30% to 40% of income for same. Things are looking brighter for 10% of individuals as they only pay 20% to 30% of their income for loan and credit card repayment.


Distribution by type of debt in Alexandria

Debt% People
Real Estate Mortgage8%
Auto Loan15%
Student Loan4%
Credit Card30%
Personal Loan43%

8% of debtors in Alexandria confirm that real estate mortgages constitutes the main part of their outstanding debt while 30% say that credit card payments are the reason they are in debt. Auto loans were the main type of debt for 15% of people and personal loans rose at 43%. Lastly, student loans are the main source of debt for 4% of debtors in Alexandria.


About credit score and debt management

Managing debt is a critical aspect of maintaining a favorable credit score. Debt reduction is the first thing you should do improve your financial situation. Getting rid of debt takes precedence over saving money because of interest rates.

Good debt vs. Bad debt

Not all debt is bad. Good debt typically refers to borrowing money for investments that can increase in value or generate income over time like purchasing a home or acquiring student loans. On the other hand, bad debt involves borrowing for things that fail to generate lasting value like high-interest credit card debt used for non-essential expenses like luxury items or vacations.


Loan Affordability Index in Alexandria

Besides measuring the loan-to-income ratio, we asked couples of Alexandria how many times in a year they defaulted or were unable to pay their due credit card or loan payments on time. Understanding how often people default on their due payments is one of the indicators of the cost of living and economic situation.

Frequency and percentage of people who failed to pay their monthly credit card or loan payments on time last year.

Frequency% People
Never50%
Once a year24%
Twice a year13%
Three times a year9%
Four times a year4%
Housing and accommodation affordability, property price to income ratio, rent to income ratio, and housing affordability index chart in Alexandria

Housing costs, accommodation, and housing affordability in Alexandria

Rental costs and house/apartment prices can vary drastically between different areas and locations.


Rent Cost in Alexandria

Monthly Rent Prices

Studio apartment monthly rent cost

2,000 EGP 3,000 EGP 7,900 EGP
MINIMUM AVERAGE MAXIMUM
$64 $96 $260

1-bedroom apartment monthly rent cost

3,000 EGP 4,700 EGP 12,000 EGP
MINIMUM AVERAGE MAXIMUM
$96 $150 $380

2-bedroom apartment monthly rent cost

4,000 EGP 5,900 EGP 16,000 EGP
MINIMUM AVERAGE MAXIMUM
$130 $190 $510

3-bedroom apartment monthly rent cost

4,700 EGP 7,900 EGP 22,000 EGP
MINIMUM AVERAGE MAXIMUM
$150 $260 $700

Furnished apartment monthly rent cost

9,500 EGP 24,000 EGP 47,000 EGP
MINIMUM AVERAGE MAXIMUM
$310 $770 $1,500

Townhouse monthly rent cost

7,900 EGP 12,000 EGP 34,000 EGP
MINIMUM AVERAGE MAXIMUM
$260 $380 $1,100

House monthly rent cost

9,500 EGP 24,000 EGP 47,000 EGP
MINIMUM AVERAGE MAXIMUM
$310 $770 $1,500

Villa monthly rent cost

12,000 EGP 30,000 EGP 47,000 EGP
MINIMUM AVERAGE MAXIMUM
$380 $960 $1,500

The monthly rental cost of a studio apartment in Alexandria ranges between 2,000 EGP and 7,900 EGP, meanwhile the cost of monthly rental of a one-bedroom apartment can be anywhere from 3,000 EGP to 12,000 EGP. Two-bedroom rentals rate ranges between 4,000 EGP and 16,000 EGP per month. The monthly rental for a three-bedroom apartment ranges from 4,700 EGP to 22,000 EGP. The average rent of a townhouse in Alexandria is around 12,000 EGP while house rental costs can be as high as 24,000 EGP per month. Finally, if you want to rent a villa, expect to pay anywhere from 12,000 EGP to 47,000 EGP per month.



Apartment and house prices in Alexandria

Cost of buying a property

Studio apartment price

400,000 EGP 590,000 EGP 1.2M EGP
MINIMUM AVERAGE MAXIMUM
$13,000 $19,000 $38,000

1-bedroom apartment price

470,000 EGP 790,000 EGP 3M EGP
MINIMUM AVERAGE MAXIMUM
$15,000 $26,000 $96,000

2-bedroom apartment price

790,000 EGP 2.4M EGP 4.7M EGP
MINIMUM AVERAGE MAXIMUM
$26,000 $77,000 $150,000

3-bedroom apartment price

2.6M EGP 4M EGP 12M EGP
MINIMUM AVERAGE MAXIMUM
$85,000 $130,000 $380,000

Townhouse price

3.4M EGP 7.9M EGP 30M EGP
MINIMUM AVERAGE MAXIMUM
$110,000 $260,000 $960,000

House price

4M EGP 24M EGP 34M EGP
MINIMUM AVERAGE MAXIMUM
$130,000 $770,000 $1.1M

Villa price

4.7M EGP 26M EGP 40M EGP
MINIMUM AVERAGE MAXIMUM
$150,000 $850,000 $1.3M

The average price of a studio apartment in Alexandria can range from 400,000 EGP to 1.2M EGP depending on location. One bedroom cost can be anywhere from 470,000 EGP to 3M EGP. A villa can cost you 26M EGP on average with prices ranging from 4.7M EGP to 40M EGP.


If you're leasing or purchasing, housing costs in Alexandria will probably constitute your biggest expenditure, yet it's an area where you wield considerable influence. This is due to the substantial variance in housing prices across communities. Keep in mind the location of your workplace and the accessibility of essential amenities to prevent negating the savings from lower rental rates with increased transportation expenses.

House / apartment prices to income ratio


Property price to income ratio

( average property price / average monthly income ) x 100


30 x82 monthly income 197
MINIMUM AVERAGE MAXIMUM

Property prices in Alexandria can be x82 to x197 multiples of the monthly income depending on the property and the income of the person. On average, property prices are approximately x82 multiples of the average monthly salary in Alexandria.



Rent to income ratio


Rent to income ratio

( monthly rental / monthly income ) x 100


19% 30% of income 40%
MINIMUM AVERAGE MAXIMUM

The average rent-to-income ratio in Alexandria is around 30%. This means that people pay 30% of their income for rent. Those figures can range from 19% to 40% depending on the salary, location, and type of property.


The housing-to-income ratio is a very important metric to evaluate and measure how affordable living is in a particular area, city, or country since housing comprises the biggest chunk of expenditure. A higher housing to income ratio means that the place is relatively expensive. The figure by itself does tell much. It only starts to make sense when comparing the housing to income ratio across different locations.

Housing affordability index

The housing affordability index measures how affordable accommodation is in a particular place. This can measured in multiple ways, the most common being housing expenditure to total expenditure ratio and the rent to income ratio. The housing expenditure ratio is a figure reported by individuals on the percentage they allocate for housing. Rent to income ratio is calculated by dividing the average monthly rent by the average income. Because these values are both percentages, we can find their average and get the best of the two worlds.

Housing Affordability Index
27%

Property Taxes

Real estate owners pay property taxes to local tax authorities, which are determined by the assessed value of their property. Typically, these taxes are paid once a year. Property tax funds contribute to community development, financing infrastructure improvements, public services, and local education initiatives.


FROM
1.9%
AVERAGE
2.9%
TO
4%

Home Maintenance Costs

Home maintenance costs encompass various expenses associated with the upkeep and repair of a residence. These expenditures include regular tasks such as lawn care, pest control, and HVAC system servicing, as well as occasional repairs and renovations like fixing leaks, painting, or replacing appliances.


37 EGP 480 EGP 4,800 EGP
MINIMUM AVERAGE MAXIMUM

Urban vs. rural living costs

Urban living typically entails higher housing and transportation costs due to demand and limited space, while rural areas generally offer lower housing expenses but may have higher prices for goods and services. The differnce in rental rates between urban areas and rural areas can be as high as 300% in some cases.

Monthly costs and expenses of energy and basic utilities in Alexandria

Utilities expenditure can vary slightly between different areas and locations.


Energy, electricity, water, gas, internet, and mobile cost in Alexandria

Utility Bill Cost / Electricity + Water + Gas / Couple

370 EGP 1,200 EGP 8,100 EGP
MINIMUM AVERAGE MAXIMUM
$12 $40 $260

Internet and cable cost

120 EGP 240 EGP 310 EGP
MINIMUM AVERAGE MAXIMUM
$3.8 $7.6 $10

Mobile phone bill and charges

94 EGP 160 EGP 470 EGP
MINIMUM AVERAGE MAXIMUM
$3 $5.1 $15

Because most utility bills club electricity, water, and gas costs in one bill, we can't provide a breakup for each type of utility and will display electricity, gas, and water as single cost.


The average monthly energy and water consumption of couples is around 1,200 EGP. The cost of internet and WiFi ranges from 120 EGP to 310 EGP with 240 EGP being the average internet bill. Finally, the average monthly mobile charges is around 160 EGP but can range between 94 EGP and 470 EGP depending on consumption. Mobile charges include both calling minutes as well as data packages.


Energy / Utility expense to income ratio


( monthly utility expenses / monthly income ) x 100


4.2% 7.4% of income 12%
MINIMUM AVERAGE MAXIMUM

The average utility-to-income ratio in Alexandria is around 7.4%. This means that people pay 7.4% of their income for energy, water, internet, and mobile charges. Those figures can range from 4.2% to 12% depending on salary and location.

Food Prices, Dining Expenses, and Grocery Costs in Alexandria

Grocery / Food expenditure and prices can vary drastically between different areas and locations.


Prices and cost of goods and services in Alexandria

Dining out, food, and beverages costs. Price variations for common food items.

Fast food combo meal price

24 EGP 47 EGP 78 EGP
MINIMUM AVERAGE MAXIMUM
$0.76 $1.5 $2.5

The average price of a regular combo meal at a fast food outlet or chain like McDonald's, Pizzahut, or KFC in Alexandria is approximatly 47 EGP with meal cost ranging from 24 EGP to 78 EGP. The typical combo meal consists of a burger, french fries, and a drink.

Restaurant meal for one price

79 EGP 120 EGP 240 EGP
MINIMUM AVERAGE MAXIMUM
$2.5 $3.8 $7.6

If you are planning to have a nice meal at a mid-range restaurant, expect to pay anywhere between 79 EGP and 240 EGP with 120 EGP being the average price of a plate for one person at a regular restaurant in Alexandria.

Fine dining meal for one price

160 EGP 240 EGP 950 EGP
MINIMUM AVERAGE MAXIMUM
$5.1 $7.6 $31

The price range of a meal at fine-dining restaurant is 160 EGP to 950 EGP with the average cost being 240 EGP for one person. This is what you would expect to pay a top-tier diner in Alexandria.

Beverage prices, cappuccino, latte etc..

20 EGP 31 EGP 47 EGP
MINIMUM AVERAGE MAXIMUM
$0.63 $1 $1.5

The average price of a regular beverage like cappuccino or latte at Starbucks, Costa, or similar coffee shops and cafes in Alexandria is around 31 EGP. Price ranges between 20 EGP and 47 EGP depending on the type of beverage, the size, and optional add-ons.



Grocery and market costs

Large bottle of milk price

16 EGP 19 EGP 24 EGP
MINIMUM AVERAGE MAXIMUM
$0.51 $0.61 $0.76

The average price of a large bottle of milk in Alexandria is 19 EGP. The maximum what you would pay for milk is 24 EGP and the minimum being 16 EGP depending on the brand of milk and other properties.

12 eggs price

12 EGP 16 EGP 24 EGP
MINIMUM AVERAGE MAXIMUM
$0.38 $0.51 $0.76

A dozen eggs costs around 16 EGP on average with 12 EGP and 24 EGP being the lower and upper limits respectively.

Fresh whole chicken price

27 EGP 35 EGP 49 EGP
MINIMUM AVERAGE MAXIMUM
$0.86 $1.1 $1.6

The price range of a fresh whole chicken in Alexandria is between 27 EGP and 49 EGP depending on the size of the chicken and whether it is oraganic or not. The average price is approximatly 35 EGP.

Pack of beef price

31 EGP 47 EGP 94 EGP
MINIMUM AVERAGE MAXIMUM
$1 $1.5 $3

The price of a regular pack of beef or meat is around 47 EGP. A pack of beef contains around 1Kg or 1lb depending on packing.

Medium bag of rice price

13 EGP 17 EGP 24 EGP
MINIMUM AVERAGE MAXIMUM
$0.41 $0.56 $0.79

A bag of rice in Alexandria costs around 17 EGP on average with prices rangeing between 13 EGP and 24 EGP depending on the brand and quality.

Bag of tomatos price

4.7 EGP 6.3 EGP 12 EGP
MINIMUM AVERAGE MAXIMUM
$0.15 $0.20 $0.38

A bag of tomatoes costs anywhere from 4.7 EGP to 12 EGP. A bag of tomatoes denotes 1Kg or 1lb depending on location.

Bag of apples price

8.4 EGP 11 EGP 18 EGP
MINIMUM AVERAGE MAXIMUM
$0.27 $0.36 $0.59

A bag of apples costs 11 EGP on average. A bag of apples denotes 1Kg or 1lb depending on location.


Grocery and food expenditure to income ratio


( monthly grocery expenses / monthly income ) x 100


21% 30% of income 36%
MINIMUM AVERAGE MAXIMUM

The average grocery-to-income ratio in Alexandria is around 30%. This means that couples spend 30% of their income on grocery and basic household items. The expenditure can range from 21% to 36% depending on salary and location.


Expenditure on food and grocery for couples

Couples' spending on grocery ranges from 1,300 EGP to 21,000 EGP with the location, income, and size of the couple being the most determinite factors.

evoeicarsraw©copound