Cost Of Living For a Couple in Chittagong 2024

Couple cost of living chart - average monthly expenditure in Chittagong

Average Monthly Expenditure

Currency: BDT
11,000 32,000 170,000
MINIMUM AVERAGE MAXIMUM
$99 $300 $1,600

Average monthly spending for couples in Chittagong

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

Couples in Chittagong spend around 32,000 BDT per month on average. Depending on the lifestyle, a couple can survive with a monthly budget as low as 11,000 BDT or as high as 170,000 BDT. Location and income are very important factors and have a huge influence on expenditure and budget.


Prices and cost of goods and services in Chittagong


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

Dining, food, and beverages costs


Fast food combo meal

26 BDT 51 BDT 86 BDT
MINIMUM AVERAGE MAXIMUM
$0.23 $0.47 $0.78

Restaurant meal for one

89 BDT 130 BDT 270 BDT
MINIMUM AVERAGE MAXIMUM
$0.81 $1.2 $2.4

Fine dining meal for one

180 BDT 270 BDT 1,100 BDT
MINIMUM AVERAGE MAXIMUM
$1.6 $2.4 $9.8

Cappuccino or latte

21 BDT 34 BDT 51 BDT
MINIMUM AVERAGE MAXIMUM
$0.20 $0.31 $0.47

Grocery and market costs


Milk large bottle

17 BDT 21 BDT 26 BDT
MINIMUM AVERAGE MAXIMUM
$0.16 $0.19 $0.23

12 eggs

13 BDT 17 BDT 26 BDT
MINIMUM AVERAGE MAXIMUM
$0.12 $0.16 $0.23

Fresh whole chicken

29 BDT 38 BDT 54 BDT
MINIMUM AVERAGE MAXIMUM
$0.27 $0.34 $0.49

Pack of beef

34 BDT 51 BDT 100 BDT
MINIMUM AVERAGE MAXIMUM
$0.31 $0.47 $0.94

Medium bag of rice

14 BDT 19 BDT 27 BDT
MINIMUM AVERAGE MAXIMUM
$0.13 $0.17 $0.24

Bag of tomatos

5.1 BDT 6.9 BDT 13 BDT
MINIMUM AVERAGE MAXIMUM
$0.05 $0.06 $0.12

Bag of apples

9.2 BDT 12 BDT 20 BDT
MINIMUM AVERAGE MAXIMUM
$0.08 $0.11 $0.18
Chart showing the prices and cost of commute, travel, and transportation in Chittagong


Commute, travel, and transportation costs


20 minutes taxi ride

22 BDT 27 BDT 54 BDT
MINIMUM AVERAGE MAXIMUM
$0.20 $0.24 $0.49

Average car full tank

130 BDT 170 BDT 340 BDT
MINIMUM AVERAGE MAXIMUM
$1.2 $1.6 $3.1

Average car 1-day rental

140 BDT 190 BDT 280 BDT
MINIMUM AVERAGE MAXIMUM
$1.3 $1.7 $2.5

Average car price

64,000 BDT 130,000 BDT 170,000 BDT
MINIMUM AVERAGE MAXIMUM
$590 $1,200 $1,600

Bus ticket one way

4.6 BDT 7 BDT 14 BDT
MINIMUM AVERAGE MAXIMUM
$0.04 $0.06 $0.13

Car Service

190 BDT 280 BDT 560 BDT
MINIMUM AVERAGE MAXIMUM
$1.7 $2.5 $5.1
Chart showing the prices and cost of utility, energy, water, and gas in Chittagong


Utility cost (monthly)


Utility Bill - Couple

430 BDT 1,500 BDT 9,500 BDT
MINIMUM AVERAGE MAXIMUM
$3.9 $13 $87

Internet and cable

130 BDT 260 BDT 340 BDT
MINIMUM AVERAGE MAXIMUM
$1.2 $2.3 $3.1

Mobile phone charges

100 BDT 170 BDT 510 BDT
MINIMUM AVERAGE MAXIMUM
$0.94 $1.6 $4.7

Leisure and activities costs


Movie ticket

64 BDT 86 BDT 130 BDT
MINIMUM AVERAGE MAXIMUM
$0.59 $0.78 $1.2

One month gym membership

220 BDT 280 BDT 560 BDT
MINIMUM AVERAGE MAXIMUM
$2 $2.5 $5.1
Chart showing the prices and cost of clothing and accessories in Chittagong


Cloths and accessories costs


Pair of jeans or pants

160 BDT 230 BDT 350 BDT
MINIMUM AVERAGE MAXIMUM
$1.5 $2.1 $3.2

Woman dress

150 BDT 210 BDT 700 BDT
MINIMUM AVERAGE MAXIMUM
$1.4 $1.9 $6.3

Woman shoes

150 BDT 200 BDT 460 BDT
MINIMUM AVERAGE MAXIMUM
$1.3 $1.8 $4.2

Men's shoes

130 BDT 150 BDT 310 BDT
MINIMUM AVERAGE MAXIMUM
$1.2 $1.4 $2.8

Men suit

140 BDT 170 BDT 930 BDT
MINIMUM AVERAGE MAXIMUM
$1.3 $1.6 $8.4

Regular t-shirt

70 BDT 93 BDT 280 BDT
MINIMUM AVERAGE MAXIMUM
$0.63 $0.84 $2.5
Chart showing the prices and cost of housing, accommodation, and rent in Chittagong


Housing costs / monthly rent


Studio apartment

2,300 BDT 3,500 BDT 9,300 BDT
MINIMUM AVERAGE MAXIMUM
$21 $32 $84

1-bedroom apartment

3,500 BDT 5,600 BDT 14,000 BDT
MINIMUM AVERAGE MAXIMUM
$32 $51 $130

2-bedroom apartment

4,600 BDT 7,000 BDT 19,000 BDT
MINIMUM AVERAGE MAXIMUM
$42 $63 $170

Housing costs / Buying


Studio apartment

460,000 BDT 700,000 BDT 1.4M BDT
MINIMUM AVERAGE MAXIMUM
$4,200 $6,300 $13,000

1-bedroom apartment

560,000 BDT 930,000 BDT 3.5M BDT
MINIMUM AVERAGE MAXIMUM
$5,100 $8,400 $32,000

2-bedroom apartment

930,000 BDT 2.8M BDT 5.6M BDT
MINIMUM AVERAGE MAXIMUM
$8,400 $25,000 $51,000
Chart showing the prices and cost of furniture in Chittagong


Furniture Costs


King Size Bed

2,600 BDT 3,200 BDT 4,300 BDT
MINIMUM AVERAGE MAXIMUM
$23 $29 $39

Double Bed

1,700 BDT 2,600 BDT 3,200 BDT
MINIMUM AVERAGE MAXIMUM
$16 $23 $29

Single Bed

1,500 BDT 2,000 BDT 2,600 BDT
MINIMUM AVERAGE MAXIMUM
$14 $18 $23

Living Room

2,900 BDT 3,700 BDT 13,000 BDT
MINIMUM AVERAGE MAXIMUM
$26 $33 $120

Dining Table

1,300 BDT 1,700 BDT 3,200 BDT
MINIMUM AVERAGE MAXIMUM
$12 $16 $29

Sofa or Couch

1,700 BDT 2,300 BDT 5,100 BDT
MINIMUM AVERAGE MAXIMUM
$16 $21 $47
Chart showing the prices and cost of electronic devices and appliances in Chittagong


Electronics and House Appliance Costs


TV Set

1,700 BDT 2,600 BDT 5,100 BDT
MINIMUM AVERAGE MAXIMUM
$16 $23 $47

Fridge or Freezer

1,500 BDT 2,300 BDT 3,200 BDT
MINIMUM AVERAGE MAXIMUM
$14 $21 $29

Washing Machine

2,000 BDT 2,900 BDT 5,100 BDT
MINIMUM AVERAGE MAXIMUM
$18 $26 $47

Stove or Cooker

1,800 BDT 2,300 BDT 3,200 BDT
MINIMUM AVERAGE MAXIMUM
$17 $21 $29

Mobile Phone

2,100 BDT 2,600 BDT 3,700 BDT
MINIMUM AVERAGE MAXIMUM
$20 $23 $33

Laptop or Computer

2,300 BDT 2,900 BDT 5,100 BDT
MINIMUM AVERAGE MAXIMUM
$21 $26 $47
Couple cost of living and expenditure to income ratio in Chittagong

Couple expenditure to income ratio in Chittagong

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

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 97%

( expenditure / income ) x 100


Couples in Chittagong spend around 88% of their monthly income. Some couples spend as low as 82% of their income while some as high as 97%.

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

How do couples spend their money in Chittagong?

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 Cost25%

25% of total expenses on average (18% to 35%)

LOW$33   3,700 BDT
AVERAGE$100   11,000 BDT
HIGH$540   59,000 BDT
Per Month

Couples in Chittagong typically spend from 18% to 35% of their total monthly expenditure on housing with 25% being the average. The average monthly spend on housing is 11,000 BDT with expenditure ranging from 3,700 BDT to 59,000 BDT. 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$3.9   430 BDT
AVERAGE$13   1,500 BDT
HIGH$87   9,500 BDT
Per Month

Utility expenditure like electricity, water, and gas in Chittagong ranges from 6% to 12% of total expenses with 8% being the average for most couples. The average monthly cost of utilities is 1,500 BDT with 430 BDT and 9,500 BDT being the upper and lower limits for a couple of four.

Transport, fuel, and commute expenditure for couples

Cost of transport and fuel8%

8% of total expenses on average (2% to 13%)

LOW$12   1,300 BDT
AVERAGE$35   3,900 BDT
HIGH$190   21,000 BDT
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 1,300 BDT to 21,000 BDT in a month on commuting with 3,900 BDT being the norm for most couples. This means that money spent on transport constitutes about 8% of total spending on average but can go as low as 2% or as high as 13%.

Food, groceries, and basic shopping expenditure for couples

Food and Groceries Cost18%

18% of total expenses on average (13% to 23%)

LOW$14   1,500 BDT
AVERAGE$41   4,500 BDT
HIGH$220   24,000 BDT
Per Month

The average outlay on groceries and basic houshold items for a typical couple in a month in Chittagong is 4,500 BDT. The cost of groceries can range between 1,500 BDT to 24,000 BDT. Couples spend on average about 18% on food and groceries with upper and lower bounds of 13% and 23% respectively.

Healthcare and medical services expenditure for couples

Cost of healthcare15%

15% of total expenses on average (9% to 19%)

LOW$11   1,200 BDT
AVERAGE$33   3,600 BDT
HIGH$170   19,000 BDT
Per Month

Couples in Chittagong allocate 9% to 19% 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 15%. The range of medical expenses range from 1,200 BDT to 19,000 BDT with 3,600 BDT 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$5.9   650 BDT
AVERAGE$18   1,900 BDT
HIGH$95   10,000 BDT
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 650 BDT to 10,000 BDT with 1,900 BDT 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$2   220 BDT
AVERAGE$5.9   650 BDT
HIGH$32   3,500 BDT
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 650 BDT per month with 220 BDT being the minimum spent amount and 3,500 BDT being the maximum.

Other Expenses22%

22% of total expenses on average (16% to 28%)

LOW$17   1,800 BDT
AVERAGE$50   5,500 BDT
HIGH$270   29,000 BDT
Per Month
Percentage of couples who manage to save money from their income every month in Chittagong

What percentage of couples in Chittagong 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 Chittagong 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 Chittagong

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

9.6% 18% of income 31%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

3,100 BDT
$28
9,300 BDT
$85
49,000 BDT
$450
MINIMUM AVERAGE MAXIMUM

Savings to income distribution levels for couples

Saving To Income Ratio% Couples
0% - 10%38%
10% - 20%28%
20% - 30%20%
30% - 40%6%
40% - 50%6%
> 50%2%

Interpretation and Analysis

Couples that are able to save money can put anywhere from 9.6% to 31% of their monthly income to their savings, with 18% being the average for most couples. The average monthly amount of money that couples can put aside is 9,300 BDT with 3,100 BDT and 49,000 BDT being the minimum and maximum respectively.

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

Saving Challenges in Chittagong

Reasons that make it difficult for couples to save money

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


Reason% People
Low Income4%
High Expenses7%
Debt and Loans11%
Lack of Budgeting Skills12%
Impulsive Spending13%
Financial Emergencies7%
Living the moment5%
Will do it later22%
Inflation14%
Social Pressure2%
Market Instability2%

Around 4% of the couples said that their salary is too low to accommodate a portion for savings while 7% said that the high cost of living leaves little room for savings. 11% 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. 13% 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. 22% 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. 14% blamed inflation, saying that every time they save some money they end up using it immediately. A surprising 2% 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 Chittagong

Typical saving choices for couples in Chittagong

Where do people choose to put their savings?


Saving Type% People
Emergency Funds13%
Gold14%
Savings Accounts16%
Retirement Accounts9%
Cash Savings23%
Real Estate9%
Investment5%
Stocks3%
Bonds4%
Mutual Funds2%
Certificates of Deposit2%
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 Chittagong

Affordable living in Chittagong

Income and cost of living compatibility

We asked couples one simple question and recorded their answers.

Is it affordable or economical to live in Chittagong?


Yes
48%
No
52%

Around 48% of surveyed couples think that living in Chittagong is affordable with proper budgeting while 52% 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 Chittagong

Low-cost alternatives in Chittagong

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 options58%

Few low-cost options43%


Based on the survey, 58% of the couples living in Chittagong have no problem finding low-cost alternatives to support a frugal lifestyle while 43% 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 Chittagong whether they have an emergency fund and the answers were as follows.

Yes47%

No53%


Based on the survey, 53% of the couples living in Chittagong said that they don't have an emergency fund while 47% said that they do.

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

Financial Literacy in Bangladesh

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 Leteracy40%


We asked couple guardians and parents in Chittagong whether they acquired any adequate personal financial training in their lives. Approximately 60% 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 40% 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 Bangladesh have problems or difficulties in managing their expenditures and savings so we asked people one simple question: do you struggle with your personal finances? 54% of the participants reported that they indeed struggle in creating budgets and in organizing their finances while 46% said that they have everything under control.

Struggles with finance54%

Easily manages finances46%

Financial goals and targets of couples living in Chittagong

Financial goals of couples in Chittagong

In an attempt to understand the economic situation in Chittagong, 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 Fund9%
Debt Reduction47%
Retirement Savings11%
Education Funding6%
Homeownership19%
Investing5%
Travel or Lifestyle5%
Healthcare Expenses16%
Financial Independence3%

Around 9% of couples said that their main goal is to establish an emergency fund to cover unexpected expenses while 47% said their number one priority is to pay off high-interest debt or loans and improve credit. 11% of surveyed people confirmed that saving for retirement to ensure a comfortable lifestyle in the final years is their main target. Around 6% reported that their priority is saving for the tuition fees and education costs of their children while 19% choose to buy a home or pay off existing mortgage before other things. 5% of the population would like to build wealth through investments such as stocks, bonds, mutual funds, or real estate. For 5% of people, saving for vacations or upgrading their lifestyle is the number one concern. Approximately 16% 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 Chittagong

Debt, loans, and mortgages in Chittagong


Percentage of couples who are in debt


In Debt
32%
Debt Free
68%

According to the survey, 32% of the couples in Chittagong have some kind of debt, loan, mortgage, or credit card payments while 68% reported that they don't have financial obligations to banks.


Chart showing debt-to-income ratio in Chittagong

Debt-to-income ratio in Chittagong

Debt to income ratio

34%

27% to 44%

( 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 34% of a couple's monthly income in Chittagong goes to debt settlement.


Debt levels

Monthly debt settlement payment as percentage of monthly income

Debt-to-income ratio% People
> 60%4%
50% - 60%21%
40% - 50%16%
30% - 40%18%
20% - 30%8%
10% - 20%9%
0% - 10%24%

According to our data, 4% of the debtors in Chittagong pay 60%+ of their income as debt settlement while 21% of the people pay 50% to 60% of their income for the same, which is quite an alarming financial situation for those individuals. 16% of people in debt dedicate 40% to 50% of their income to loan and mortgage payments while 18% dedicated 30% to 40% of income for same. Things are looking brighter for 8% of individuals as they only pay 20% to 30% of their income for loan and credit card repayment.


Distribution by type of debt in Chittagong

Debt% People
Real Estate Mortgage6%
Auto Loan12%
Student Loan4%
Credit Card32%
Personal Loan46%

6% of debtors in Chittagong confirm that real estate mortgages constitutes the main part of their outstanding debt while 32% say that credit card payments are the reason they are in debt. Auto loans were the main type of debt for 12% of people and personal loans rose at 46%. Lastly, student loans are the main source of debt for 4% of debtors in Chittagong.


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 Chittagong

Besides measuring the loan-to-income ratio, we asked couples of Chittagong 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
Never48%
Once a year25%
Twice a year13%
Three times a year9%
Four times a year5%
Housing and accommodation affordability, property price to income ratio, rent to income ratio, and housing affordability index chart in Chittagong

Housing costs, accommodation, and housing affordability in Chittagong

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


Rent Cost in Chittagong

Monthly Rent Prices

Studio apartment monthly rent cost

2,300 BDT 3,500 BDT 9,300 BDT
MINIMUM AVERAGE MAXIMUM
$21 $32 $84

1-bedroom apartment monthly rent cost

3,500 BDT 5,600 BDT 14,000 BDT
MINIMUM AVERAGE MAXIMUM
$32 $51 $130

2-bedroom apartment monthly rent cost

4,600 BDT 7,000 BDT 19,000 BDT
MINIMUM AVERAGE MAXIMUM
$42 $63 $170

3-bedroom apartment monthly rent cost

5,600 BDT 9,300 BDT 25,000 BDT
MINIMUM AVERAGE MAXIMUM
$51 $84 $230

Furnished apartment monthly rent cost

11,000 BDT 28,000 BDT 56,000 BDT
MINIMUM AVERAGE MAXIMUM
$100 $250 $510

Townhouse monthly rent cost

9,300 BDT 14,000 BDT 40,000 BDT
MINIMUM AVERAGE MAXIMUM
$84 $130 $360

House monthly rent cost

11,000 BDT 28,000 BDT 56,000 BDT
MINIMUM AVERAGE MAXIMUM
$100 $250 $510

Villa monthly rent cost

14,000 BDT 35,000 BDT 56,000 BDT
MINIMUM AVERAGE MAXIMUM
$130 $320 $510

The monthly rental cost of a studio apartment in Chittagong ranges between 2,300 BDT and 9,300 BDT, meanwhile the cost of monthly rental of a one-bedroom apartment can be anywhere from 3,500 BDT to 14,000 BDT. Two-bedroom rentals rate ranges between 4,600 BDT and 19,000 BDT per month. The monthly rental for a three-bedroom apartment ranges from 5,600 BDT to 25,000 BDT. The average rent of a townhouse in Chittagong is around 14,000 BDT while house rental costs can be as high as 28,000 BDT per month. Finally, if you want to rent a villa, expect to pay anywhere from 14,000 BDT to 56,000 BDT per month.



Apartment and house prices in Chittagong

Cost of buying a property

Studio apartment price

460,000 BDT 700,000 BDT 1.4M BDT
MINIMUM AVERAGE MAXIMUM
$4,200 $6,300 $13,000

1-bedroom apartment price

560,000 BDT 930,000 BDT 3.5M BDT
MINIMUM AVERAGE MAXIMUM
$5,100 $8,400 $32,000

2-bedroom apartment price

930,000 BDT 2.8M BDT 5.6M BDT
MINIMUM AVERAGE MAXIMUM
$8,400 $25,000 $51,000

3-bedroom apartment price

3.1M BDT 4.6M BDT 14M BDT
MINIMUM AVERAGE MAXIMUM
$28,000 $42,000 $130,000

Townhouse price

4M BDT 9.3M BDT 35M BDT
MINIMUM AVERAGE MAXIMUM
$36,000 $84,000 $320,000

House price

4.6M BDT 28M BDT 40M BDT
MINIMUM AVERAGE MAXIMUM
$42,000 $250,000 $360,000

Villa price

5.6M BDT 31M BDT 46M BDT
MINIMUM AVERAGE MAXIMUM
$51,000 $280,000 $420,000

The average price of a studio apartment in Chittagong can range from 460,000 BDT to 1.4M BDT depending on location. One bedroom cost can be anywhere from 560,000 BDT to 3.5M BDT. A villa can cost you 31M BDT on average with prices ranging from 5.6M BDT to 46M BDT.


If you're leasing or purchasing, housing costs in Chittagong 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


31 x85 monthly income 200
MINIMUM AVERAGE MAXIMUM

Property prices in Chittagong can be x85 to x200 multiples of the monthly income depending on the property and the income of the person. On average, property prices are approximately x85 multiples of the average monthly salary in Chittagong.



Rent to income ratio


Rent to income ratio

( monthly rental / monthly income ) x 100


19% 30% of income 41%
MINIMUM AVERAGE MAXIMUM

The average rent-to-income ratio in Chittagong is around 30%. This means that people pay 30% of their income for rent. Those figures can range from 19% to 41% 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
1.8%
AVERAGE
2.8%
TO
3.7%

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.


43 BDT 560 BDT 5,600 BDT
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 Chittagong

Utilities expenditure can vary slightly between different areas and locations.


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

Utility Bill Cost / Electricity + Water + Gas / Couple

430 BDT 1,500 BDT 9,500 BDT
MINIMUM AVERAGE MAXIMUM
$3.9 $13 $87

Internet and cable cost

130 BDT 260 BDT 340 BDT
MINIMUM AVERAGE MAXIMUM
$1.2 $2.3 $3.1

Mobile phone bill and charges

100 BDT 170 BDT 510 BDT
MINIMUM AVERAGE MAXIMUM
$0.94 $1.6 $4.7

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 1,500 BDT. The cost of internet and WiFi ranges from 130 BDT to 340 BDT with 260 BDT being the average internet bill. Finally, the average monthly mobile charges is around 170 BDT but can range between 100 BDT and 510 BDT 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


4.3% 7.5% of income 12%
MINIMUM AVERAGE MAXIMUM

The average utility-to-income ratio in Chittagong is around 7.5%. This means that people pay 7.5% of their income for energy, water, internet, and mobile charges. Those figures can range from 4.3% to 12% depending on salary and location.

Food Prices, Dining Expenses, and Grocery Costs in Chittagong

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


Prices and cost of goods and services in Chittagong

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

Fast food combo meal price

26 BDT 51 BDT 86 BDT
MINIMUM AVERAGE MAXIMUM
$0.23 $0.47 $0.78

The average price of a regular combo meal at a fast food outlet or chain like McDonald's, Pizzahut, or KFC in Chittagong is approximatly 51 BDT with meal cost ranging from 26 BDT to 86 BDT. The typical combo meal consists of a burger, french fries, and a drink.

Restaurant meal for one price

89 BDT 130 BDT 270 BDT
MINIMUM AVERAGE MAXIMUM
$0.81 $1.2 $2.4

If you are planning to have a nice meal at a mid-range restaurant, expect to pay anywhere between 89 BDT and 270 BDT with 130 BDT being the average price of a plate for one person at a regular restaurant in Chittagong.

Fine dining meal for one price

180 BDT 270 BDT 1,100 BDT
MINIMUM AVERAGE MAXIMUM
$1.6 $2.4 $9.8

The price range of a meal at fine-dining restaurant is 180 BDT to 1,100 BDT with the average cost being 270 BDT for one person. This is what you would expect to pay a top-tier diner in Chittagong.

Beverage prices, cappuccino, latte etc..

21 BDT 34 BDT 51 BDT
MINIMUM AVERAGE MAXIMUM
$0.20 $0.31 $0.47

The average price of a regular beverage like cappuccino or latte at Starbucks, Costa, or similar coffee shops and cafes in Chittagong is around 34 BDT. Price ranges between 21 BDT and 51 BDT depending on the type of beverage, the size, and optional add-ons.



Grocery and market costs

Large bottle of milk price

17 BDT 21 BDT 26 BDT
MINIMUM AVERAGE MAXIMUM
$0.16 $0.19 $0.23

The average price of a large bottle of milk in Chittagong is 21 BDT. The maximum what you would pay for milk is 26 BDT and the minimum being 17 BDT depending on the brand of milk and other properties.

12 eggs price

13 BDT 17 BDT 26 BDT
MINIMUM AVERAGE MAXIMUM
$0.12 $0.16 $0.23

A dozen eggs costs around 17 BDT on average with 13 BDT and 26 BDT being the lower and upper limits respectively.

Fresh whole chicken price

29 BDT 38 BDT 54 BDT
MINIMUM AVERAGE MAXIMUM
$0.27 $0.34 $0.49

The price range of a fresh whole chicken in Chittagong is between 29 BDT and 54 BDT depending on the size of the chicken and whether it is oraganic or not. The average price is approximatly 38 BDT.

Pack of beef price

34 BDT 51 BDT 100 BDT
MINIMUM AVERAGE MAXIMUM
$0.31 $0.47 $0.94

The price of a regular pack of beef or meat is around 51 BDT. A pack of beef contains around 1Kg or 1lb depending on packing.

Medium bag of rice price

14 BDT 19 BDT 27 BDT
MINIMUM AVERAGE MAXIMUM
$0.13 $0.17 $0.24

A bag of rice in Chittagong costs around 19 BDT on average with prices rangeing between 14 BDT and 27 BDT depending on the brand and quality.

Bag of tomatos price

5.1 BDT 6.9 BDT 13 BDT
MINIMUM AVERAGE MAXIMUM
$0.05 $0.06 $0.12

A bag of tomatoes costs anywhere from 5.1 BDT to 13 BDT. A bag of tomatoes denotes 1Kg or 1lb depending on location.

Bag of apples price

9.2 BDT 12 BDT 20 BDT
MINIMUM AVERAGE MAXIMUM
$0.08 $0.11 $0.18

A bag of apples costs 12 BDT 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


20% 29% of income 35%
MINIMUM AVERAGE MAXIMUM

The average grocery-to-income ratio in Chittagong is around 29%. This means that couples spend 29% of their income on grocery and basic household items. The expenditure can range from 20% to 35% depending on salary and location.


Expenditure on food and grocery for couples

Couples' spending on grocery ranges from 1,500 BDT to 24,000 BDT with the location, income, and size of the couple being the most determinite factors.

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