Cost Of Living For a Family in Chandpur 2024

Family cost of living chart - average monthly expenditure in Chandpur

Average monthly spending for families in Chandpur

We consider a family to be a member of four members, two adults and two children. This is the most common type of family. From the figures below, it should be fairly easy to calculate the average spending for families of different sizes.

Average Monthly Expenditure

Currency: BDT
12,000 35,000 230,000
MINIMUM AVERAGE MAXIMUM
$110 $320 $2,100

How much money does a family need in a month to survive in Chandpur?

Families in Chandpur spend around 35,000 BDT per month on average. Depending on the lifestyle, a family can survive with a monthly budget as low as 12,000 BDT or as high as 230,000 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 Chandpur


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

Dining, food, and beverages costs


Fast food combo meal

25 BDT 50 BDT 83 BDT
MINIMUM AVERAGE MAXIMUM
$0.23 $0.45 $0.76

Restaurant meal for one

79 BDT 120 BDT 240 BDT
MINIMUM AVERAGE MAXIMUM
$0.72 $1.1 $2.2

Fine dining meal for one

160 BDT 240 BDT 950 BDT
MINIMUM AVERAGE MAXIMUM
$1.4 $2.2 $8.6

Cappuccino or latte

21 BDT 33 BDT 50 BDT
MINIMUM AVERAGE MAXIMUM
$0.19 $0.30 $0.45

Grocery and market costs


Milk large bottle

17 BDT 20 BDT 25 BDT
MINIMUM AVERAGE MAXIMUM
$0.15 $0.18 $0.23

12 eggs

12 BDT 17 BDT 25 BDT
MINIMUM AVERAGE MAXIMUM
$0.11 $0.15 $0.23

Fresh whole chicken

28 BDT 37 BDT 52 BDT
MINIMUM AVERAGE MAXIMUM
$0.26 $0.33 $0.47

Pack of beef

33 BDT 50 BDT 100 BDT
MINIMUM AVERAGE MAXIMUM
$0.30 $0.45 $0.91

Medium bag of rice

13 BDT 18 BDT 26 BDT
MINIMUM AVERAGE MAXIMUM
$0.12 $0.17 $0.24

Bag of tomatos

5 BDT 6.7 BDT 12 BDT
MINIMUM AVERAGE MAXIMUM
$0.05 $0.06 $0.11

Bag of apples

8.9 BDT 12 BDT 19 BDT
MINIMUM AVERAGE MAXIMUM
$0.08 $0.11 $0.17
Chart showing the prices and cost of commute, travel, and transportation in Chandpur


Commute, travel, and transportation costs


20 minutes taxi ride

20 BDT 24 BDT 47 BDT
MINIMUM AVERAGE MAXIMUM
$0.18 $0.22 $0.43

Average car full tank

120 BDT 170 BDT 330 BDT
MINIMUM AVERAGE MAXIMUM
$1.1 $1.5 $3

Average car 1-day rental

110 BDT 150 BDT 220 BDT
MINIMUM AVERAGE MAXIMUM
$1 $1.4 $2

Average car price

62,000 BDT 120,000 BDT 170,000 BDT
MINIMUM AVERAGE MAXIMUM
$570 $1,100 $1,500

Bus ticket one way

3.7 BDT 5.6 BDT 11 BDT
MINIMUM AVERAGE MAXIMUM
$0.03 $0.05 $0.10

Car Service

150 BDT 220 BDT 450 BDT
MINIMUM AVERAGE MAXIMUM
$1.4 $2 $4.1
Chart showing the prices and cost of utility, energy, water, and gas in Chandpur


Utility cost (monthly)


Utility Bill - Family

610 BDT 1,700 BDT 11,000 BDT
MINIMUM AVERAGE MAXIMUM
$5.5 $16 $100

Internet and cable

120 BDT 250 BDT 330 BDT
MINIMUM AVERAGE MAXIMUM
$1.1 $2.3 $3

Mobile phone charges

100 BDT 170 BDT 500 BDT
MINIMUM AVERAGE MAXIMUM
$0.91 $1.5 $4.5

Leisure and activities costs


Movie ticket

62 BDT 83 BDT 120 BDT
MINIMUM AVERAGE MAXIMUM
$0.57 $0.76 $1.1

One month gym membership

180 BDT 220 BDT 450 BDT
MINIMUM AVERAGE MAXIMUM
$1.6 $2 $4.1
Chart showing the prices and cost of clothing and accessories in Chandpur


Cloths and accessories costs


Pair of jeans or pants

130 BDT 190 BDT 280 BDT
MINIMUM AVERAGE MAXIMUM
$1.2 $1.7 $2.5

Woman dress

120 BDT 170 BDT 560 BDT
MINIMUM AVERAGE MAXIMUM
$1.1 $1.6 $5.1

Woman shoes

120 BDT 160 BDT 370 BDT
MINIMUM AVERAGE MAXIMUM
$1.1 $1.5 $3.4

Men's shoes

100 BDT 120 BDT 250 BDT
MINIMUM AVERAGE MAXIMUM
$0.92 $1.1 $2.3

Men suit

110 BDT 140 BDT 740 BDT
MINIMUM AVERAGE MAXIMUM
$1 $1.3 $6.8

Regular t-shirt

56 BDT 74 BDT 220 BDT
MINIMUM AVERAGE MAXIMUM
$0.51 $0.68 $2
Chart showing the prices and cost of housing, accommodation, and rent in Chandpur


Housing costs / monthly rent


Studio apartment

1,900 BDT 2,800 BDT 7,400 BDT
MINIMUM AVERAGE MAXIMUM
$17 $25 $68

1-bedroom apartment

2,800 BDT 4,500 BDT 11,000 BDT
MINIMUM AVERAGE MAXIMUM
$25 $41 $100

2-bedroom apartment

3,700 BDT 5,600 BDT 15,000 BDT
MINIMUM AVERAGE MAXIMUM
$34 $51 $140

Housing costs / Buying


Studio apartment

370,000 BDT 560,000 BDT 1.1M BDT
MINIMUM AVERAGE MAXIMUM
$3,400 $5,100 $10,000

1-bedroom apartment

450,000 BDT 740,000 BDT 2.8M BDT
MINIMUM AVERAGE MAXIMUM
$4,100 $6,800 $25,000

2-bedroom apartment

740,000 BDT 2.2M BDT 4.5M BDT
MINIMUM AVERAGE MAXIMUM
$6,800 $20,000 $41,000
Chart showing the prices and cost of furniture in Chandpur


Furniture Costs


King Size Bed

2,500 BDT 3,100 BDT 4,200 BDT
MINIMUM AVERAGE MAXIMUM
$23 $28 $38

Double Bed

1,700 BDT 2,500 BDT 3,100 BDT
MINIMUM AVERAGE MAXIMUM
$15 $23 $28

Single Bed

1,500 BDT 1,900 BDT 2,500 BDT
MINIMUM AVERAGE MAXIMUM
$13 $17 $23

Living Room

2,800 BDT 3,600 BDT 12,000 BDT
MINIMUM AVERAGE MAXIMUM
$25 $32 $110

Dining Table

1,200 BDT 1,700 BDT 3,100 BDT
MINIMUM AVERAGE MAXIMUM
$11 $15 $28

Sofa or Couch

1,700 BDT 2,300 BDT 5,000 BDT
MINIMUM AVERAGE MAXIMUM
$15 $21 $45
Chart showing the prices and cost of electronic devices and appliances in Chandpur


Electronics and House Appliance Costs


TV Set

1,700 BDT 2,500 BDT 5,000 BDT
MINIMUM AVERAGE MAXIMUM
$15 $23 $45

Fridge or Freezer

1,500 BDT 2,300 BDT 3,100 BDT
MINIMUM AVERAGE MAXIMUM
$13 $21 $28

Washing Machine

1,900 BDT 2,800 BDT 5,000 BDT
MINIMUM AVERAGE MAXIMUM
$17 $25 $45

Stove or Cooker

1,800 BDT 2,300 BDT 3,100 BDT
MINIMUM AVERAGE MAXIMUM
$16 $21 $28

Mobile Phone

2,100 BDT 2,500 BDT 3,600 BDT
MINIMUM AVERAGE MAXIMUM
$19 $23 $32

Laptop or Computer

2,300 BDT 2,800 BDT 5,000 BDT
MINIMUM AVERAGE MAXIMUM
$21 $25 $45
Family cost of living and expenditure to income ratio in Chandpur

Family expenditure to income ratio in Chandpur

Analysing the how affordable it is for families to live in Chandpur

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. Families usually spend a larger chunk of their income than other population groups. A typical and healthy expenditure percentage for a family of four ranges between 70% to 80%.


Spending to Income Ratio

78%

73% to 86%

( expenditure / income ) x 100


Families in Chandpur spend around 78% of their monthly income. Some families spend as low as 73% of their income while some as high as 86%.

Distribution of monthly cost of living expenses of a family in Chandpur

How do families spend their money in Chandpur?

We asked thousands of families 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 families

Accomodation Cost23%

23% of total expenses on average (18% to 33%)

LOW$35   3,900 BDT
AVERAGE$100   11,000 BDT
HIGH$660   72,000 BDT
Per Month

Families in Chandpur typically spend from 18% to 33% of their total monthly expenditure on housing with 23% being the average. The average monthly spend on housing is 11,000 BDT with expenditure ranging from 3,900 BDT to 72,000 BDT. This cost mainly goes for rent but it also includes other accommodation-related expenses.

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

Cost of utilities7%

7% of total expenses on average (5% to 10%)

LOW$5.5   610 BDT
AVERAGE$16   1,700 BDT
HIGH$100   11,000 BDT
Per Month

Utility expenditure like electricity, water, and gas in Chandpur ranges from 5% to 10% of total expenses with 7% being the average for most families. The average monthly cost of utilities is 1,700 BDT with 610 BDT and 11,000 BDT being the upper and lower limits for a family of four.

Transport, fuel, and commute expenditure for families

Cost of transport and fuel4%

4% of total expenses on average (2% to 6%)

LOW$11   1,200 BDT
AVERAGE$32   3,500 BDT
HIGH$210   23,000 BDT
Per Month

Fuel consumption and cost of transport depend heavily on whether a family resides near school and work, but roughly speaking a family would expect to spend from 1,200 BDT to 23,000 BDT in a month on commuting with 3,500 BDT being the norm for most families. This means that money spent on transport constitutes about 4% of total spending on average but can go as low as 2% or as high as 6%.

Food, groceries, and basic shopping expenditure for families

Food and Groceries Cost22%

22% of total expenses on average (15% to 28%)

LOW$20   2,200 BDT
AVERAGE$57   6,300 BDT
HIGH$370   41,000 BDT
Per Month

The average outlay on groceries and basic houshold items for a typical family in a month in Chandpur is 6,300 BDT. The cost of groceries can range between 2,200 BDT to 41,000 BDT. Families spend on average about 22% on food and groceries with upper and lower bounds of 15% and 28% respectively.

Healthcare and medical services expenditure for families

Cost of healthcare12%

12% of total expenses on average (8% to 17%)

LOW$10   1,100 BDT
AVERAGE$32   3,500 BDT
HIGH$160   18,000 BDT
Per Month

Families in Chandpur allocate 8% to 17% 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 12%. The range of medical expenses range from 1,100 BDT to 18,000 BDT with 3,500 BDT being the norm for most families.

Leisure and shopping expenditure for families

Cost of leisure and shopping1%

1% of total expenses on average (0.00% to 5%)

LOW$5.5   610 BDT
AVERAGE$16   1,700 BDT
HIGH$100   11,000 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 610 BDT to 11,000 BDT with 1,700 BDT being the average. Speaking of percentages, that equates to 0.00% to 5% of total expenses with an average of 1% for most families.

Education and schooling expenditure for families

Cost of education and schooling13%

13% of total expenses on average (6% to 21%)

LOW$16   1,700 BDT
AVERAGE$44   4,900 BDT
HIGH$290   32,000 BDT
Per Month

Spending on education can vary drastically between different families. On average, education constitutes 13% of the monthly expenditure of families with 6% and 21% being the lower and upper bounds respectively. The average reported education cost is 4,900 BDT per month with 1,700 BDT being the minimum spent amount and 32,000 BDT being the maximum.

Other Expenses17%

17% of total expenses on average (10% to 22%)

LOW$8.9   970 BDT
AVERAGE$25   2,800 BDT
HIGH$160   18,000 BDT
Per Month
Percentage of families who manage to save money from their income every month in Chandpur

What percentage of families in Chandpur are able to save money and how much can they save?


Percentage of families that reported their ability to save money


Saving Money
39%
Not Saving
61%

Almost 39% of surveyed families in Chandpur said that they can save some money at the end of each month while 61% reported that they have to utilize their whole income to survive.


Family savings to income ratio in Chandpur

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 families 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

6.8% 12% of income 23%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

3,500 BDT
$32
9,900 BDT
$90
65,000 BDT
$590
MINIMUM AVERAGE MAXIMUM

Savings to income distribution levels for families

Saving To Income Ratio% Families
0% - 10%42%
10% - 20%32%
20% - 30%21%
30% - 40%2%
40% - 50%2%
> 50%1%

Interpretation and Analysis

Families that are able to save money can put anywhere from 6.8% to 23% of their monthly income to their savings, with 12% being the average for most families. The average monthly amount of money that families can put aside is 9,900 BDT with 3,500 BDT and 65,000 BDT being the minimum and maximum respectively.

Reasons that make it difficult for families to save money in Chandpur

Saving Challenges in Chandpur

Reasons that make it difficult for families to save money

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


Reason% People
Low Income4%
High Expenses7%
Debt and Loans10%
Lack of Budgeting Skills13%
Impulsive Spending13%
Financial Emergencies8%
Living the moment4%
Will do it later24%
Inflation15%
Social Pressure2%
Market Instability1%

Around 4% of the families 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. 10% of the residents said that they are burdened with debt and find it challenging to save money. 13% 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 families blamed impulsive spending as the reason for saving inability. Around 8% said that unexpected expenses like medical bills or car repairs are derailing their savings goals. 4% bluntly said that they don't see the purpose of it and prefer to live each day to the fullest. 24% 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. 15% 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, 1% blamed market instability and price fluctuations.

Where do families choose to put their savings in Chandpur

Typical saving choices for families in Chandpur

Where do people choose to put their savings?


Saving Type% People
Emergency Funds13%
Gold15%
Savings Accounts16%
Retirement Accounts9%
Cash Savings24%
Real Estate8%
Investment4%
Stocks3%
Bonds4%
Mutual Funds1%
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 families to live in Chandpur

Affordable living in Chandpur

Income and cost of living compatibility

We asked families one simple question and recorded their answers.

Is it affordable or economical to live in Chandpur?


Yes
39%
No
62%

Around 39% of surveyed families think that living in Chandpur is affordable with proper budgeting while 62% reported that it is just too expensive and not affordable even with frugality and thriftness.

How easily is cost-cutting for families. Are there plenty of low-cost options in Chandpur

Low-cost alternatives in Chandpur

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 families how easily cost-cutting is and the answers were distributed as follows:

Plenty of low-cost options46%

Few low-cost options54%


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

Emergency Funds For Families

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 families of Chandpur whether they have an emergency fund and the answers were as follows.

Yes38%

No62%


Based on the survey, 62% of the families living in Chandpur said that they don't have an emergency fund while 38% said that they do.

Financial literacy and difficulty in budgeting and financial planning for families in Chandpur

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 family guardians and parents in Chandpur 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 families 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 families living in Chandpur

Financial goals of families in Chandpur

In an attempt to understand the economic situation in Chandpur, 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 Reduction50%
Retirement Savings12%
Education Funding6%
Homeownership19%
Investing5%
Travel or Lifestyle3%
Healthcare Expenses17%
Financial Independence2%

Around 9% of families said that their main goal is to establish an emergency fund to cover unexpected expenses while 50% said their number one priority is to pay off high-interest debt or loans and improve credit. 12% 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 3% of people, saving for vacations or upgrading their lifestyle is the number one concern. Approximately 17% of the residents said that saving for healthcare expenses including insurance premiums is their main goal.

Chart showing the percentage of families who are in debt in Chandpur

Debt, loans, and mortgages in Chandpur


Percentage of families who are in debt


In Debt
26%
Debt Free
74%

According to the survey, 26% of the families in Chandpur have some kind of debt, loan, mortgage, or credit card payments while 74% reported that they don't have financial obligations to banks.


Chart showing debt-to-income ratio in Chandpur

Debt-to-income ratio in Chandpur

Debt to income ratio

27%

21% to 35%

( 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 27% of a family's monthly income in Chandpur goes to debt settlement.


Debt levels

Monthly debt settlement payment as percentage of monthly income

Debt-to-income ratio% People
> 60%4%
50% - 60%23%
40% - 50%17%
30% - 40%19%
20% - 30%7%
10% - 20%7%
0% - 10%24%

According to our data, 4% of the debtors in Chandpur pay 60%+ of their income as debt settlement while 23% of the people pay 50% to 60% of their income for the same, which is quite an alarming financial situation for those individuals. 17% of people in debt dedicate 40% to 50% of their income to loan and mortgage payments while 19% dedicated 30% to 40% of income for same. Things are looking brighter for 7% of individuals as they only pay 20% to 30% of their income for loan and credit card repayment.


Distribution by type of debt in Chandpur

Debt% People
Real Estate Mortgage5%
Auto Loan10%
Student Loan5%
Credit Card33%
Personal Loan48%

5% of debtors in Chandpur confirm that real estate mortgages constitutes the main part of their outstanding debt while 33% say that credit card payments are the reason they are in debt. Auto loans were the main type of debt for 10% of people and personal loans rose at 48%. Lastly, student loans are the main source of debt for 5% of debtors in Chandpur.


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 Chandpur

Besides measuring the loan-to-income ratio, we asked families of Chandpur 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
Never47%
Once a year25%
Twice a year14%
Three times a year10%
Four times a year5%
Housing and accommodation affordability, property price to income ratio, rent to income ratio, and housing affordability index chart in Chandpur

Housing costs, accommodation, and housing affordability in Chandpur

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


Rent Cost in Chandpur

Monthly Rent Prices

Studio apartment monthly rent cost

1,900 BDT 2,800 BDT 7,400 BDT
MINIMUM AVERAGE MAXIMUM
$17 $25 $68

1-bedroom apartment monthly rent cost

2,800 BDT 4,500 BDT 11,000 BDT
MINIMUM AVERAGE MAXIMUM
$25 $41 $100

2-bedroom apartment monthly rent cost

3,700 BDT 5,600 BDT 15,000 BDT
MINIMUM AVERAGE MAXIMUM
$34 $51 $140

3-bedroom apartment monthly rent cost

4,500 BDT 7,400 BDT 20,000 BDT
MINIMUM AVERAGE MAXIMUM
$41 $68 $180

Furnished apartment monthly rent cost

8,900 BDT 22,000 BDT 45,000 BDT
MINIMUM AVERAGE MAXIMUM
$81 $200 $410

Townhouse monthly rent cost

7,400 BDT 11,000 BDT 32,000 BDT
MINIMUM AVERAGE MAXIMUM
$68 $100 $290

House monthly rent cost

8,900 BDT 22,000 BDT 45,000 BDT
MINIMUM AVERAGE MAXIMUM
$81 $200 $410

Villa monthly rent cost

11,000 BDT 28,000 BDT 45,000 BDT
MINIMUM AVERAGE MAXIMUM
$100 $250 $410

The monthly rental cost of a studio apartment in Chandpur ranges between 1,900 BDT and 7,400 BDT, meanwhile the cost of monthly rental of a one-bedroom apartment can be anywhere from 2,800 BDT to 11,000 BDT. Two-bedroom rentals rate ranges between 3,700 BDT and 15,000 BDT per month. The monthly rental for a three-bedroom apartment ranges from 4,500 BDT to 20,000 BDT. The average rent of a townhouse in Chandpur is around 11,000 BDT while house rental costs can be as high as 22,000 BDT per month. Finally, if you want to rent a villa, expect to pay anywhere from 11,000 BDT to 45,000 BDT per month.



Apartment and house prices in Chandpur

Cost of buying a property

Studio apartment price

370,000 BDT 560,000 BDT 1.1M BDT
MINIMUM AVERAGE MAXIMUM
$3,400 $5,100 $10,000

1-bedroom apartment price

450,000 BDT 740,000 BDT 2.8M BDT
MINIMUM AVERAGE MAXIMUM
$4,100 $6,800 $25,000

2-bedroom apartment price

740,000 BDT 2.2M BDT 4.5M BDT
MINIMUM AVERAGE MAXIMUM
$6,800 $20,000 $41,000

3-bedroom apartment price

2.5M BDT 3.7M BDT 11M BDT
MINIMUM AVERAGE MAXIMUM
$23,000 $34,000 $100,000

Townhouse price

3.2M BDT 7.4M BDT 28M BDT
MINIMUM AVERAGE MAXIMUM
$29,000 $68,000 $250,000

House price

3.7M BDT 22M BDT 32M BDT
MINIMUM AVERAGE MAXIMUM
$34,000 $200,000 $290,000

Villa price

4.5M BDT 25M BDT 37M BDT
MINIMUM AVERAGE MAXIMUM
$41,000 $230,000 $340,000

The average price of a studio apartment in Chandpur can range from 370,000 BDT to 1.1M BDT depending on location. One bedroom cost can be anywhere from 450,000 BDT to 2.8M BDT. A villa can cost you 25M BDT on average with prices ranging from 4.5M BDT to 37M BDT.


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


25 x68 monthly income 161
MINIMUM AVERAGE MAXIMUM

Property prices in Chandpur can be x68 to x161 multiples of the monthly income depending on the property and the income of the person. On average, property prices are approximately x68 multiples of the average monthly salary in Chandpur.



Rent to income ratio


Rent to income ratio

( monthly rental / monthly income ) x 100


15% 24% of income 33%
MINIMUM AVERAGE MAXIMUM

The average rent-to-income ratio in Chandpur is around 24%. This means that people pay 24% of their income for rent. Those figures can range from 15% to 33% 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
22%

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
1.7%
AVERAGE
2.7%
TO
3.6%

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.


35 BDT 450 BDT 4,500 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 Chandpur

Utilities expenditure can vary slightly between different areas and locations.


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

Utility Bill Cost / Electricity + Water + Gas / Family

610 BDT 1,700 BDT 11,000 BDT
MINIMUM AVERAGE MAXIMUM
$5.5 $16 $100

Internet and cable cost

120 BDT 250 BDT 330 BDT
MINIMUM AVERAGE MAXIMUM
$1.1 $2.3 $3

Mobile phone bill and charges

100 BDT 170 BDT 500 BDT
MINIMUM AVERAGE MAXIMUM
$0.91 $1.5 $4.5

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 families is around 1,700 BDT. The cost of internet and WiFi ranges from 120 BDT to 330 BDT with 250 BDT being the average internet bill. Finally, the average monthly mobile charges is around 170 BDT but can range between 100 BDT and 500 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


3.4% 6% of income 9.4%
MINIMUM AVERAGE MAXIMUM

The average utility-to-income ratio in Chandpur is around 6%. This means that people pay 6% of their income for energy, water, internet, and mobile charges. Those figures can range from 3.4% to 9.4% depending on salary and location.

Food Prices, Dining Expenses, and Grocery Costs in Chandpur

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


Prices and cost of goods and services in Chandpur

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

Fast food combo meal price

25 BDT 50 BDT 83 BDT
MINIMUM AVERAGE MAXIMUM
$0.23 $0.45 $0.76

The average price of a regular combo meal at a fast food outlet or chain like McDonald's, Pizzahut, or KFC in Chandpur is approximatly 50 BDT with meal cost ranging from 25 BDT to 83 BDT. The typical combo meal consists of a burger, french fries, and a drink.

Restaurant meal for one price

79 BDT 120 BDT 240 BDT
MINIMUM AVERAGE MAXIMUM
$0.72 $1.1 $2.2

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

Fine dining meal for one price

160 BDT 240 BDT 950 BDT
MINIMUM AVERAGE MAXIMUM
$1.4 $2.2 $8.6

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

Beverage prices, cappuccino, latte etc..

21 BDT 33 BDT 50 BDT
MINIMUM AVERAGE MAXIMUM
$0.19 $0.30 $0.45

The average price of a regular beverage like cappuccino or latte at Starbucks, Costa, or similar coffee shops and cafes in Chandpur is around 33 BDT. Price ranges between 21 BDT and 50 BDT depending on the type of beverage, the size, and optional add-ons.



Grocery and market costs

Large bottle of milk price

17 BDT 20 BDT 25 BDT
MINIMUM AVERAGE MAXIMUM
$0.15 $0.18 $0.23

The average price of a large bottle of milk in Chandpur is 20 BDT. The maximum what you would pay for milk is 25 BDT and the minimum being 17 BDT depending on the brand of milk and other properties.

12 eggs price

12 BDT 17 BDT 25 BDT
MINIMUM AVERAGE MAXIMUM
$0.11 $0.15 $0.23

A dozen eggs costs around 17 BDT on average with 12 BDT and 25 BDT being the lower and upper limits respectively.

Fresh whole chicken price

28 BDT 37 BDT 52 BDT
MINIMUM AVERAGE MAXIMUM
$0.26 $0.33 $0.47

The price range of a fresh whole chicken in Chandpur is between 28 BDT and 52 BDT depending on the size of the chicken and whether it is oraganic or not. The average price is approximatly 37 BDT.

Pack of beef price

33 BDT 50 BDT 100 BDT
MINIMUM AVERAGE MAXIMUM
$0.30 $0.45 $0.91

The price of a regular pack of beef or meat is around 50 BDT. A pack of beef contains around 1Kg or 1lb depending on packing.

Medium bag of rice price

13 BDT 18 BDT 26 BDT
MINIMUM AVERAGE MAXIMUM
$0.12 $0.17 $0.24

A bag of rice in Chandpur costs around 18 BDT on average with prices rangeing between 13 BDT and 26 BDT depending on the brand and quality.

Bag of tomatos price

5 BDT 6.7 BDT 12 BDT
MINIMUM AVERAGE MAXIMUM
$0.05 $0.06 $0.11

A bag of tomatoes costs anywhere from 5 BDT to 12 BDT. A bag of tomatoes denotes 1Kg or 1lb depending on location.

Bag of apples price

8.9 BDT 12 BDT 19 BDT
MINIMUM AVERAGE MAXIMUM
$0.08 $0.11 $0.17

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


16% 23% of income 28%
MINIMUM AVERAGE MAXIMUM

The average grocery-to-income ratio in Chandpur is around 23%. This means that families spend 23% of their income on grocery and basic household items. The expenditure can range from 16% to 28% depending on salary and location.


Expenditure on food and grocery for families

Families' spending on grocery ranges from 2,200 BDT to 41,000 BDT with the location, income, and size of the family being the most determinite factors.

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