Cost Of Living For a Family in Jamalpur 2024

Family cost of living chart - average monthly expenditure in Jamalpur

Average monthly spending for families in Jamalpur

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
14,000 39,000 250,000
MINIMUM AVERAGE MAXIMUM
$120 $360 $2,300

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

Families in Jamalpur spend around 39,000 BDT per month on average. Depending on the lifestyle, a family can survive with a monthly budget as low as 14,000 BDT or as high as 250,000 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 Jamalpur


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

Dining, food, and beverages costs


Fast food combo meal

27 BDT 55 BDT 91 BDT
MINIMUM AVERAGE MAXIMUM
$0.25 $0.50 $0.83

Restaurant meal for one

87 BDT 130 BDT 260 BDT
MINIMUM AVERAGE MAXIMUM
$0.80 $1.2 $2.4

Fine dining meal for one

170 BDT 260 BDT 1,000 BDT
MINIMUM AVERAGE MAXIMUM
$1.6 $2.4 $9.6

Cappuccino or latte

23 BDT 36 BDT 55 BDT
MINIMUM AVERAGE MAXIMUM
$0.21 $0.33 $0.50

Grocery and market costs


Milk large bottle

18 BDT 22 BDT 27 BDT
MINIMUM AVERAGE MAXIMUM
$0.17 $0.20 $0.25

12 eggs

14 BDT 18 BDT 27 BDT
MINIMUM AVERAGE MAXIMUM
$0.12 $0.17 $0.25

Fresh whole chicken

31 BDT 40 BDT 57 BDT
MINIMUM AVERAGE MAXIMUM
$0.28 $0.37 $0.52

Pack of beef

36 BDT 55 BDT 110 BDT
MINIMUM AVERAGE MAXIMUM
$0.33 $0.50 $0.99

Medium bag of rice

15 BDT 20 BDT 28 BDT
MINIMUM AVERAGE MAXIMUM
$0.13 $0.18 $0.26

Bag of tomatos

5.5 BDT 7.3 BDT 14 BDT
MINIMUM AVERAGE MAXIMUM
$0.05 $0.07 $0.12

Bag of apples

9.7 BDT 13 BDT 21 BDT
MINIMUM AVERAGE MAXIMUM
$0.09 $0.12 $0.19
Chart showing the prices and cost of commute, travel, and transportation in Jamalpur


Commute, travel, and transportation costs


20 minutes taxi ride

22 BDT 26 BDT 52 BDT
MINIMUM AVERAGE MAXIMUM
$0.20 $0.24 $0.48

Average car full tank

140 BDT 180 BDT 360 BDT
MINIMUM AVERAGE MAXIMUM
$1.2 $1.7 $3.3

Average car 1-day rental

130 BDT 170 BDT 250 BDT
MINIMUM AVERAGE MAXIMUM
$1.1 $1.5 $2.3

Average car price

68,000 BDT 140,000 BDT 180,000 BDT
MINIMUM AVERAGE MAXIMUM
$620 $1,200 $1,700

Bus ticket one way

4.2 BDT 6.3 BDT 13 BDT
MINIMUM AVERAGE MAXIMUM
$0.04 $0.06 $0.11

Car Service

170 BDT 250 BDT 500 BDT
MINIMUM AVERAGE MAXIMUM
$1.5 $2.3 $4.6
Chart showing the prices and cost of utility, energy, water, and gas in Jamalpur


Utility cost (monthly)


Utility Bill - Family

690 BDT 2,000 BDT 13,000 BDT
MINIMUM AVERAGE MAXIMUM
$6.2 $18 $120

Internet and cable

140 BDT 270 BDT 360 BDT
MINIMUM AVERAGE MAXIMUM
$1.2 $2.5 $3.3

Mobile phone charges

110 BDT 180 BDT 550 BDT
MINIMUM AVERAGE MAXIMUM
$0.99 $1.7 $5

Leisure and activities costs


Movie ticket

68 BDT 91 BDT 140 BDT
MINIMUM AVERAGE MAXIMUM
$0.62 $0.83 $1.2

One month gym membership

200 BDT 250 BDT 500 BDT
MINIMUM AVERAGE MAXIMUM
$1.8 $2.3 $4.6
Chart showing the prices and cost of clothing and accessories in Jamalpur


Cloths and accessories costs


Pair of jeans or pants

150 BDT 210 BDT 320 BDT
MINIMUM AVERAGE MAXIMUM
$1.4 $1.9 $2.9

Woman dress

140 BDT 190 BDT 630 BDT
MINIMUM AVERAGE MAXIMUM
$1.3 $1.8 $5.7

Woman shoes

130 BDT 180 BDT 420 BDT
MINIMUM AVERAGE MAXIMUM
$1.2 $1.6 $3.8

Men's shoes

110 BDT 140 BDT 280 BDT
MINIMUM AVERAGE MAXIMUM
$1 $1.3 $2.6

Men suit

130 BDT 160 BDT 840 BDT
MINIMUM AVERAGE MAXIMUM
$1.1 $1.4 $7.7

Regular t-shirt

63 BDT 84 BDT 250 BDT
MINIMUM AVERAGE MAXIMUM
$0.57 $0.77 $2.3
Chart showing the prices and cost of housing, accommodation, and rent in Jamalpur


Housing costs / monthly rent


Studio apartment

2,100 BDT 3,200 BDT 8,400 BDT
MINIMUM AVERAGE MAXIMUM
$19 $29 $77

1-bedroom apartment

3,200 BDT 5,000 BDT 13,000 BDT
MINIMUM AVERAGE MAXIMUM
$29 $46 $110

2-bedroom apartment

4,200 BDT 6,300 BDT 17,000 BDT
MINIMUM AVERAGE MAXIMUM
$38 $57 $150

Housing costs / Buying


Studio apartment

420,000 BDT 630,000 BDT 1.3M BDT
MINIMUM AVERAGE MAXIMUM
$3,800 $5,700 $11,000

1-bedroom apartment

500,000 BDT 840,000 BDT 3.2M BDT
MINIMUM AVERAGE MAXIMUM
$4,600 $7,700 $29,000

2-bedroom apartment

840,000 BDT 2.5M BDT 5M BDT
MINIMUM AVERAGE MAXIMUM
$7,700 $23,000 $46,000
Chart showing the prices and cost of furniture in Jamalpur


Furniture Costs


King Size Bed

2,700 BDT 3,400 BDT 4,500 BDT
MINIMUM AVERAGE MAXIMUM
$25 $31 $41

Double Bed

1,800 BDT 2,700 BDT 3,400 BDT
MINIMUM AVERAGE MAXIMUM
$17 $25 $31

Single Bed

1,600 BDT 2,100 BDT 2,700 BDT
MINIMUM AVERAGE MAXIMUM
$15 $19 $25

Living Room

3,000 BDT 3,900 BDT 14,000 BDT
MINIMUM AVERAGE MAXIMUM
$28 $36 $120

Dining Table

1,400 BDT 1,800 BDT 3,400 BDT
MINIMUM AVERAGE MAXIMUM
$12 $17 $31

Sofa or Couch

1,800 BDT 2,500 BDT 5,500 BDT
MINIMUM AVERAGE MAXIMUM
$17 $23 $50
Chart showing the prices and cost of electronic devices and appliances in Jamalpur


Electronics and House Appliance Costs


TV Set

1,800 BDT 2,700 BDT 5,500 BDT
MINIMUM AVERAGE MAXIMUM
$17 $25 $50

Fridge or Freezer

1,600 BDT 2,500 BDT 3,400 BDT
MINIMUM AVERAGE MAXIMUM
$15 $23 $31

Washing Machine

2,100 BDT 3,000 BDT 5,500 BDT
MINIMUM AVERAGE MAXIMUM
$19 $28 $50

Stove or Cooker

1,900 BDT 2,500 BDT 3,400 BDT
MINIMUM AVERAGE MAXIMUM
$18 $23 $31

Mobile Phone

2,300 BDT 2,700 BDT 3,900 BDT
MINIMUM AVERAGE MAXIMUM
$21 $25 $36

Laptop or Computer

2,500 BDT 3,000 BDT 5,500 BDT
MINIMUM AVERAGE MAXIMUM
$23 $28 $50
Family cost of living and expenditure to income ratio in Jamalpur

Family expenditure to income ratio in Jamalpur

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

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

88%

82% to 97%

( expenditure / income ) x 100


Families in Jamalpur spend around 88% of their monthly income. Some families spend as low as 82% of their income while some as high as 97%.

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

How do families spend their money in Jamalpur?

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 Cost25%

25% of total expenses on average (20% to 35%)

LOW$40   4,400 BDT
AVERAGE$110   13,000 BDT
HIGH$740   82,000 BDT
Per Month

Families in Jamalpur typically spend from 20% to 35% of their total monthly expenditure on housing with 25% being the average. The average monthly spend on housing is 13,000 BDT with expenditure ranging from 4,400 BDT to 82,000 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 utilities6%

6% of total expenses on average (4% to 9%)

LOW$6.2   690 BDT
AVERAGE$18   2,000 BDT
HIGH$120   13,000 BDT
Per Month

Utility expenditure like electricity, water, and gas in Jamalpur ranges from 4% to 9% of total expenses with 6% being the average for most families. The average monthly cost of utilities is 2,000 BDT with 690 BDT and 13,000 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$12   1,400 BDT
AVERAGE$36   3,900 BDT
HIGH$230   25,000 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 1,400 BDT to 25,000 BDT in a month on commuting with 3,900 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$22   2,500 BDT
AVERAGE$64   7,100 BDT
HIGH$420   46,000 BDT
Per Month

The average outlay on groceries and basic houshold items for a typical family in a month in Jamalpur is 7,100 BDT. The cost of groceries can range between 2,500 BDT to 46,000 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$11   1,200 BDT
AVERAGE$36   3,900 BDT
HIGH$190   20,000 BDT
Per Month

Families in Jamalpur 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 1,200 BDT to 20,000 BDT with 3,900 BDT being the norm for most families.

Leisure and shopping expenditure for families

Cost of leisure and shopping2%

2% of total expenses on average (1% to 6%)

LOW$6.2   690 BDT
AVERAGE$18   2,000 BDT
HIGH$120   13,000 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 690 BDT to 13,000 BDT with 2,000 BDT being the average. Speaking of percentages, that equates to 1% to 6% of total expenses with an average of 2% for most families.

Education and schooling expenditure for families

Cost of education and schooling13%

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

LOW$17   1,900 BDT
AVERAGE$50   5,500 BDT
HIGH$320   36,000 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 5,500 BDT per month with 1,900 BDT being the minimum spent amount and 36,000 BDT being the maximum.

Other Expenses16%

16% of total expenses on average (9% to 21%)

LOW$10   1,100 BDT
AVERAGE$29   3,100 BDT
HIGH$190   20,000 BDT
Per Month
Percentage of families who manage to save money from their income every month in Jamalpur

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


Percentage of families that reported their ability to save money


Saving Money
44%
Not Saving
56%

Almost 44% of surveyed families in Jamalpur said that they can save some money at the end of each month while 56% reported that they have to utilize their whole income to survive.


Family savings to income ratio in Jamalpur

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

7.7% 14% of income 26%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

3,900 BDT
$36
11,000 BDT
$100
73,000 BDT
$660
MINIMUM AVERAGE MAXIMUM

Savings to income distribution levels for families

Saving To Income Ratio% Families
0% - 10%40%
10% - 20%31%
20% - 30%20%
30% - 40%4%
40% - 50%3%
> 50%2%

Interpretation and Analysis

Families that are able to save money can put anywhere from 7.7% to 26% of their monthly income to their savings, with 14% being the average for most families. The average monthly amount of money that families can put aside is 11,000 BDT with 3,900 BDT and 73,000 BDT being the minimum and maximum respectively.

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

Saving Challenges in Jamalpur

Reasons that make it difficult for families to save money

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


Reason% People
Low Income4%
High Expenses7%
Debt and Loans12%
Lack of Budgeting Skills12%
Impulsive Spending12%
Financial Emergencies7%
Living the moment5%
Will do it later21%
Inflation14%
Social Pressure3%
Market Instability2%

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. 12% 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 families 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. 14% 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 families choose to put their savings in Jamalpur

Typical saving choices for families in Jamalpur

Where do people choose to put their savings?


Saving Type% People
Emergency Funds13%
Gold13%
Savings Accounts17%
Retirement Accounts9%
Cash Savings22%
Real Estate9%
Investment5%
Stocks4%
Bonds4%
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 families to live in Jamalpur

Affordable living in Jamalpur

Income and cost of living compatibility

We asked families one simple question and recorded their answers.

Is it affordable or economical to live in Jamalpur?


Yes
43%
No
57%

Around 43% of surveyed families think that living in Jamalpur is affordable with proper budgeting while 57% 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 Jamalpur

Low-cost alternatives in Jamalpur

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 options52%

Few low-cost options48%


Based on the survey, 52% of the families living in Jamalpur have no problem finding low-cost alternatives to support a frugal lifestyle while 48% 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 Jamalpur whether they have an emergency fund and the answers were as follows.

Yes43%

No58%


Based on the survey, 58% of the families living in Jamalpur said that they don't have an emergency fund while 43% said that they do.

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

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 Jamalpur 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 Jamalpur

Financial goals of families in Jamalpur

In an attempt to understand the economic situation in Jamalpur, 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 Reduction44%
Retirement Savings11%
Education Funding6%
Homeownership19%
Investing6%
Travel or Lifestyle6%
Healthcare Expenses15%
Financial Independence4%

Around 9% of families said that their main goal is to establish an emergency fund to cover unexpected expenses while 44% 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. 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 15% 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 Jamalpur

Debt, loans, and mortgages in Jamalpur


Percentage of families who are in debt


In Debt
29%
Debt Free
71%

According to the survey, 29% of the families in Jamalpur have some kind of debt, loan, mortgage, or credit card payments while 71% reported that they don't have financial obligations to banks.


Chart showing debt-to-income ratio in Jamalpur

Debt-to-income ratio in Jamalpur

Debt to income ratio

31%

24% to 40%

( 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 31% of a family's monthly income in Jamalpur goes to debt settlement.


Debt levels

Monthly debt settlement payment as percentage of monthly income

Debt-to-income ratio% People
> 60%3%
50% - 60%19%
40% - 50%15%
30% - 40%17%
20% - 30%9%
10% - 20%11%
0% - 10%25%

According to our data, 3% of the debtors in Jamalpur pay 60%+ of their income as debt settlement while 19% 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 9% of individuals as they only pay 20% to 30% of their income for loan and credit card repayment.


Distribution by type of debt in Jamalpur

Debt% People
Real Estate Mortgage7%
Auto Loan14%
Student Loan4%
Credit Card31%
Personal Loan44%

7% of debtors in Jamalpur confirm that real estate mortgages constitutes the main part of their outstanding debt while 31% say that credit card payments are the reason they are in debt. Auto loans were the main type of debt for 14% of people and personal loans rose at 44%. Lastly, student loans are the main source of debt for 4% of debtors in Jamalpur.


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 Jamalpur

Besides measuring the loan-to-income ratio, we asked families of Jamalpur 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
Never49%
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 Jamalpur

Housing costs, accommodation, and housing affordability in Jamalpur

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


Rent Cost in Jamalpur

Monthly Rent Prices

Studio apartment monthly rent cost

2,100 BDT 3,200 BDT 8,400 BDT
MINIMUM AVERAGE MAXIMUM
$19 $29 $77

1-bedroom apartment monthly rent cost

3,200 BDT 5,000 BDT 13,000 BDT
MINIMUM AVERAGE MAXIMUM
$29 $46 $110

2-bedroom apartment monthly rent cost

4,200 BDT 6,300 BDT 17,000 BDT
MINIMUM AVERAGE MAXIMUM
$38 $57 $150

3-bedroom apartment monthly rent cost

5,000 BDT 8,400 BDT 23,000 BDT
MINIMUM AVERAGE MAXIMUM
$46 $77 $210

Furnished apartment monthly rent cost

10,000 BDT 25,000 BDT 50,000 BDT
MINIMUM AVERAGE MAXIMUM
$92 $230 $460

Townhouse monthly rent cost

8,400 BDT 13,000 BDT 36,000 BDT
MINIMUM AVERAGE MAXIMUM
$77 $110 $330

House monthly rent cost

10,000 BDT 25,000 BDT 50,000 BDT
MINIMUM AVERAGE MAXIMUM
$92 $230 $460

Villa monthly rent cost

13,000 BDT 32,000 BDT 50,000 BDT
MINIMUM AVERAGE MAXIMUM
$110 $290 $460

The monthly rental cost of a studio apartment in Jamalpur ranges between 2,100 BDT and 8,400 BDT, meanwhile the cost of monthly rental of a one-bedroom apartment can be anywhere from 3,200 BDT to 13,000 BDT. Two-bedroom rentals rate ranges between 4,200 BDT and 17,000 BDT per month. The monthly rental for a three-bedroom apartment ranges from 5,000 BDT to 23,000 BDT. The average rent of a townhouse in Jamalpur is around 13,000 BDT while house rental costs can be as high as 25,000 BDT per month. Finally, if you want to rent a villa, expect to pay anywhere from 13,000 BDT to 50,000 BDT per month.



Apartment and house prices in Jamalpur

Cost of buying a property

Studio apartment price

420,000 BDT 630,000 BDT 1.3M BDT
MINIMUM AVERAGE MAXIMUM
$3,800 $5,700 $11,000

1-bedroom apartment price

500,000 BDT 840,000 BDT 3.2M BDT
MINIMUM AVERAGE MAXIMUM
$4,600 $7,700 $29,000

2-bedroom apartment price

840,000 BDT 2.5M BDT 5M BDT
MINIMUM AVERAGE MAXIMUM
$7,700 $23,000 $46,000

3-bedroom apartment price

2.8M BDT 4.2M BDT 13M BDT
MINIMUM AVERAGE MAXIMUM
$26,000 $38,000 $110,000

Townhouse price

3.6M BDT 8.4M BDT 32M BDT
MINIMUM AVERAGE MAXIMUM
$33,000 $77,000 $290,000

House price

4.2M BDT 25M BDT 36M BDT
MINIMUM AVERAGE MAXIMUM
$38,000 $230,000 $330,000

Villa price

5M BDT 28M BDT 42M BDT
MINIMUM AVERAGE MAXIMUM
$46,000 $260,000 $380,000

The average price of a studio apartment in Jamalpur can range from 420,000 BDT to 1.3M BDT depending on location. One bedroom cost can be anywhere from 500,000 BDT to 3.2M BDT. A villa can cost you 28M BDT on average with prices ranging from 5M BDT to 42M BDT.


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


28 x77 monthly income 181
MINIMUM AVERAGE MAXIMUM

Property prices in Jamalpur can be x77 to x181 multiples of the monthly income depending on the property and the income of the person. On average, property prices are approximately x77 multiples of the average monthly salary in Jamalpur.



Rent to income ratio


Rent to income ratio

( monthly rental / monthly income ) x 100


17% 27% of income 37%
MINIMUM AVERAGE MAXIMUM

The average rent-to-income ratio in Jamalpur is around 27%. This means that people pay 27% of their income for rent. Those figures can range from 17% to 37% 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
25%

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.


39 BDT 510 BDT 5,100 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 Jamalpur

Utilities expenditure can vary slightly between different areas and locations.


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

Utility Bill Cost / Electricity + Water + Gas / Family

690 BDT 2,000 BDT 13,000 BDT
MINIMUM AVERAGE MAXIMUM
$6.2 $18 $120

Internet and cable cost

140 BDT 270 BDT 360 BDT
MINIMUM AVERAGE MAXIMUM
$1.2 $2.5 $3.3

Mobile phone bill and charges

110 BDT 180 BDT 550 BDT
MINIMUM AVERAGE MAXIMUM
$0.99 $1.7 $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 2,000 BDT. The cost of internet and WiFi ranges from 140 BDT to 360 BDT with 270 BDT being the average internet bill. Finally, the average monthly mobile charges is around 180 BDT but can range between 110 BDT and 550 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


3.9% 6.8% of income 11%
MINIMUM AVERAGE MAXIMUM

The average utility-to-income ratio in Jamalpur is around 6.8%. This means that people pay 6.8% of their income for energy, water, internet, and mobile charges. Those figures can range from 3.9% to 11% depending on salary and location.

Food Prices, Dining Expenses, and Grocery Costs in Jamalpur

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


Prices and cost of goods and services in Jamalpur

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

Fast food combo meal price

27 BDT 55 BDT 91 BDT
MINIMUM AVERAGE MAXIMUM
$0.25 $0.50 $0.83

The average price of a regular combo meal at a fast food outlet or chain like McDonald's, Pizzahut, or KFC in Jamalpur is approximatly 55 BDT with meal cost ranging from 27 BDT to 91 BDT. The typical combo meal consists of a burger, french fries, and a drink.

Restaurant meal for one price

87 BDT 130 BDT 260 BDT
MINIMUM AVERAGE MAXIMUM
$0.80 $1.2 $2.4

If you are planning to have a nice meal at a mid-range restaurant, expect to pay anywhere between 87 BDT and 260 BDT with 130 BDT being the average price of a plate for one person at a regular restaurant in Jamalpur.

Fine dining meal for one price

170 BDT 260 BDT 1,000 BDT
MINIMUM AVERAGE MAXIMUM
$1.6 $2.4 $9.6

The price range of a meal at fine-dining restaurant is 170 BDT to 1,000 BDT with the average cost being 260 BDT for one person. This is what you would expect to pay a top-tier diner in Jamalpur.

Beverage prices, cappuccino, latte etc..

23 BDT 36 BDT 55 BDT
MINIMUM AVERAGE MAXIMUM
$0.21 $0.33 $0.50

The average price of a regular beverage like cappuccino or latte at Starbucks, Costa, or similar coffee shops and cafes in Jamalpur is around 36 BDT. Price ranges between 23 BDT and 55 BDT depending on the type of beverage, the size, and optional add-ons.



Grocery and market costs

Large bottle of milk price

18 BDT 22 BDT 27 BDT
MINIMUM AVERAGE MAXIMUM
$0.17 $0.20 $0.25

The average price of a large bottle of milk in Jamalpur is 22 BDT. The maximum what you would pay for milk is 27 BDT and the minimum being 18 BDT depending on the brand of milk and other properties.

12 eggs price

14 BDT 18 BDT 27 BDT
MINIMUM AVERAGE MAXIMUM
$0.12 $0.17 $0.25

A dozen eggs costs around 18 BDT on average with 14 BDT and 27 BDT being the lower and upper limits respectively.

Fresh whole chicken price

31 BDT 40 BDT 57 BDT
MINIMUM AVERAGE MAXIMUM
$0.28 $0.37 $0.52

The price range of a fresh whole chicken in Jamalpur is between 31 BDT and 57 BDT depending on the size of the chicken and whether it is oraganic or not. The average price is approximatly 40 BDT.

Pack of beef price

36 BDT 55 BDT 110 BDT
MINIMUM AVERAGE MAXIMUM
$0.33 $0.50 $0.99

The price of a regular pack of beef or meat is around 55 BDT. A pack of beef contains around 1Kg or 1lb depending on packing.

Medium bag of rice price

15 BDT 20 BDT 28 BDT
MINIMUM AVERAGE MAXIMUM
$0.13 $0.18 $0.26

A bag of rice in Jamalpur costs around 20 BDT on average with prices rangeing between 15 BDT and 28 BDT depending on the brand and quality.

Bag of tomatos price

5.5 BDT 7.3 BDT 14 BDT
MINIMUM AVERAGE MAXIMUM
$0.05 $0.07 $0.12

A bag of tomatoes costs anywhere from 5.5 BDT to 14 BDT. A bag of tomatoes denotes 1Kg or 1lb depending on location.

Bag of apples price

9.7 BDT 13 BDT 21 BDT
MINIMUM AVERAGE MAXIMUM
$0.09 $0.12 $0.19

A bag of apples costs 13 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


18% 26% of income 32%
MINIMUM AVERAGE MAXIMUM

The average grocery-to-income ratio in Jamalpur is around 26%. This means that families spend 26% of their income on grocery and basic household items. The expenditure can range from 18% to 32% depending on salary and location.


Expenditure on food and grocery for families

Families' spending on grocery ranges from 2,500 BDT to 46,000 BDT with the location, income, and size of the family being the most determinite factors.

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