Cost Of Living in Jordan 2024
Average monthly spending for singles, couples, students, and families in Jordan
Whether you're living in Jordan or planning to move there, it is very important to know the cost of living and the prices of things. Here we list the average spending for the four main population groups.
Average Monthly Expenditure1,700 JOD
per month$2,400130 JOD $190
$24,000 17,000 JOD
Single1,200 JOD
per month$1,700400 JOD $560
$11,000 7,900 JOD
Couple2,000 JOD
per month$2,800660 JOD $930
$15,000 11,000 JOD
Family2,600 JOD
per month$3,700920 JOD $1,300
$20,000 15,000 JOD
Student810 JOD
per month$1,100320 JOD $460
$2,100 1,500 JOD
The figures displayed here are inclusive of everything: housing, travel, groceries, healthcare, etc.
Singles
The average monthly expense for a single person living in Jordan is 1,200 JOD. Expenses can range from 400 JOD at the minimum level to 7,900 JOD at the highest end.
Couples
The average monthly spending of couples in Jordan is 2,000 JOD. Expenditure can range from 660 JOD to 11,000 JOD per month.
Families
The average cost of living for families in Jordan is 2,600 JOD per month. Families spend anywhere from 920 JOD to 15,000 JOD.
Students
The average monthly expenditure for students in Jordan is 810 JOD. Students spend from 320 JOD to 1,500 JOD per month.
Spending behavior can change drastically from one person to another. It is best to consider the minimum, average, and maximum spending together.
Prices and cost of goods and services in Jordan
Dining, food, and beverages costs
Large bottle of water | 0.21 JOD | 0.24 JOD | 0.28 JOD |
Fast food combo meal
Restaurant meal for one
Fine dining meal for one
Soda or Soft Drink | 0.26 JOD | 0.30 JOD | 0.36 JOD |
Cappuccino or latte Grocery and market costs
Milk large bottle
Loaf of bread | 0.22 JOD | 0.25 JOD | 0.29 JOD |
12 eggs
Fresh whole chicken
Beef 1 kg or 1 lb
Rice 1 kg or 1 lb
Tomato 1 kg or 1 lb | 0.36 JOD | 0.48 JOD | 0.90 JOD |
Apples 1 kg or 1 lb | 0.64 JOD | 0.84 JOD | 1.4 JOD |
Commute, travel, and transportation costs
20 minutes taxi ride
Average car full tank
Average car 1-day rental
Average car price | 4,500 JOD | 9,000 JOD | 12,000 JOD |
Bus ticket one way | 0.30 JOD | 0.45 JOD | 0.90 JOD |
Car Service Utility cost (monthly)
Utility Bill - Individual
Utility Bill - Couple
Utility Bill - Family
Internet and cable
Mobile phone charges Leisure and activities costs
Movie ticket
One month gym membership Cloths and accessories costs
Pair of jeans or pants
Woman dress
Woman shoes
Men's shoes
Men suit
Regular t-shirt Housing costs / monthly rent
Studio apartment
1-bedroom apartment
2-bedroom apartment | 300 JOD | 450 JOD | 1,200 JOD |
Housing costs / Buying
Studio apartment | 30,000 JOD | 45,000 JOD | 90,000 JOD |
1-bedroom apartment | 36,000 JOD | 60,000 JOD | 230,000 JOD |
2-bedroom apartment | 60,000 JOD | 180,000 JOD | 360,000 JOD |
| $85,000 | $250,000 | $510,000 |
Furniture Costs
King Size Bed
Double Bed
Single Bed
Living Room
Dining Table
Sofa or Couch Electronics and House Appliance Costs
TV Set
Fridge or Freezer
Washing Machine
Stove or Cooker
Mobile Phone
Laptop or Computer Expenditure to Income Ratio in Jordan
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.
Spending to Income Ratio
83%
74% to 92%
( expenditure / income ) x 100
Expense to income distribution levels
| Spending To Income Ratio | % People |
|---|
| < 50% | 6% |
| 50% - 60% | 12% |
| 60% - 70% | 19% |
| 70% - 80% | 27% |
| 80% - 90% | 15% |
| 90% - 100% | 9% |
| 100% - 110% | 5% |
| 110% - 120% | 3% |
| 120% - 130% | 2% |
| 130% - 140% | 2% |
| > 140% | 1% |
Interpretation and Analysis
The average spending-to-salary ratio in Jordan is 83%
This means that on average, people spend around 83% of their income for living.
According to the distribution table, 19% of the population spend approximately 60% to 70% of their income every month.
How can spending be more than income?
A value higher than 100% means that the expenditure of those people is higher than their income. They are spending more than what they earn. This is possible in two scenarios. They are either borrowing from their savings to survive or they are borrowing from other sources (relatives, friends, banks, etc.). More about this in the debt section.
Individual
75%
Spending-Income-Ratio
67%
83%
Couple
79%
Spending-Income-Ratio
70%
87%
Family
87%
Spending-Income-Ratio
78%
97%
How do people spend their money in Jordan?
We asked thousands of people about their spending habits and expenditure breaks. Below are their answers.
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 Expenditure27%
27% of total expenses on average (16% to 35%)
| LOW | $56 40 JOD |
| AVERAGE | $730 510 JOD |
| HIGH | $7,300 5,100 JOD |
| Per Month |
People living in Jordan typically spend from 16% to 35% of their total monthly expenditure on housing with 27% being the average. The average spend on housing is 510 JOD with expenditure ranging from 40 JOD to 5,100 JOD. This cost mainly goes for rent but it also includes other accommodation-related expenses. Housing costs are highest for families and lowest for students as expected.
Utilities, Electricity, Water6%
6% of total expenses on average (3% to 10%)
| LOW | $9.3 6.6 JOD |
| AVERAGE | $120 86 JOD |
| HIGH | $1,200 860 JOD |
| Per Month |
Utility expenditure like electricity, water, and gas in Jordan ranges from 3% to 10% of total expenses with 6% being the average. The average monthly cost of utilities is 86 JOD with 6.6 JOD and 860 JOD being the upper and lower limits.
Transport, Fuel, Commute9%
9% of total expenses on average (4% to 13%)
| LOW | $19 13 JOD |
| AVERAGE | $240 170 JOD |
| HIGH | $2,400 1,700 JOD |
| Per Month |
Fuel consumption and cost of transport depend heavily on whether you live near your work or school, but roughly speaking you would expect to spend from 13 JOD to 1,700 JOD on commuting with 170 JOD being the norm for most people in one month. This means that money spent on transport constitutes about 9% of total spending on average but can go as low as 4% or as high as 13%.
Food and Groceries Cost26%
26% of total expenses on average (18% to 32%)
| LOW | $47 33 JOD |
| AVERAGE | $600 430 JOD |
| HIGH | $6,000 4,300 JOD |
| Per Month |
The average outlay on groceries in a month in Jordan is 430 JOD. The cost of groceries can range between 33 JOD to 4,300 JOD. People spend on average about 26% on food and groceries with upper and lower bounds of 18% and 32% respectively.
Healthcare and Medical Services8%
8% of total expenses on average (3% to 11%)
| LOW | $13 9.2 JOD |
| AVERAGE | $170 120 JOD |
| HIGH | $1,700 1,200 JOD |
| Per Month |
People in Jordan allocate 3% to 11% of their total monthly expenditure to healthcare including health insurance and out-of-pocket medical expenses. The average spending is around 8%. The range of medical expenses range from 9.2 JOD to 1,200 JOD with 120 JOD being the norm.
Leisure and Shopping6%
6% of total expenses on average (3% to 10%)
| LOW | $7.4 5.3 JOD |
| AVERAGE | $97 69 JOD |
| HIGH | $970 690 JOD |
| 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 5.3 JOD to 690 JOD with 69 JOD being the average. Speaking of percentages, that equates to 3% to 10% of total expenses with an average of 6% for most residents.
Education and Schooling6%
6% of total expenses on average (4% to 12%)
| LOW | $11 7.9 JOD |
| AVERAGE | $150 100 JOD |
| HIGH | $1,500 1,000 JOD |
| Per Month |
Spending on education can vary drastically between different people. While working singles can spend 0% on education, families and students' expenditure can reach up to 22%. On average, education constitutes 6% of the monthly expenditure with 4% and 12% being the lower and upper bounds respectively. The average reported education cost is 100 JOD per month with 7.9 JOD being the minimum spent amount and 1,000 JOD being the maximum.
Other Expenses12%
12% of total expenses on average (7% to 19%)
| LOW | $24 17 JOD |
| AVERAGE | $310 220 JOD |
| HIGH | $3,100 2,200 JOD |
| Per Month |
How much money can you save in Jordan every month?
We asked thousands of people what percentage of their income can they save in a month. Below are the answers.
What percentage of people in Jordan manage to save money from their income every month?
Almost 59% of the surveyed people in Jordan said that they can save some money at the end of each month while 41% said that aren't saving anything.
Percentage of people saving money by population group in Jordan
| Group | Savers | Non Savers |
|---|
| Singles | 67% | 33% |
| Couples | 62% | 38% |
| Families | 57% | 43% |
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.
Saving to Income Ratio
Average Monthly Saved Amount
48 JOD
$68 | 630 JOD
$880 | 6,300 JOD
$8,800 |
For most people, 12% to 32% of their monthly income is what they can allocate to their savings, with 21% being the average. The amount of money that people can save is approximately 630 JOD on average with savings ranging from 48 JOD to 6,300 JOD.
67% of surveyed singles reported some of their income going to savings while 62% of couples said the same. 57% of families confirmed their ability to save money.
How much money do people actually save in Jordan?
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.
Singles
Saving to Income Ratio
Average Monthly Saved Amount
140 JOD
$200 | 430 JOD
$610 | 2,900 JOD
$4,100 |
Savings to income distribution levels for singles
| Saving To Income Ratio | % Singles |
|---|
| 0% - 10% | 28% |
| 10% - 20% | 22% |
| 20% - 30% | 16% |
| 30% - 40% | 17% |
| 40% - 50% | 13% |
| > 50% | 4% |
Interpretation and Analysis
Singles who can afford to save reported that they allocate from 15% to 34% of their monthly income to savings, with 25% being the average for most singles. The average amount of money that singles are able to save is 430 JOD with 140 JOD and 2,900 JOD being the minimum and maximum respectively.
Couples
Saving to Income Ratio
Average Monthly Saved Amount
240 JOD
$340 | 720 JOD
$1,000 | 3,800 JOD
$5,400 |
Savings to income distribution levels for couples
| Saving To Income Ratio | % Couples |
|---|
| 0% - 10% | 32% |
| 10% - 20% | 24% |
| 20% - 30% | 19% |
| 30% - 40% | 12% |
| 40% - 50% | 10% |
| > 50% | 3% |
Interpretation and Analysis
Couples who confirmed their ability to save reported saving equivalent to 13% to 33% of their monthly income, with 23% being the average for most couples. The average amount of money that couples can save is 720 JOD with 240 JOD and 3,800 JOD being the minimum and maximum respectively.
Families
Saving to Income Ratio
Average Monthly Saved Amount
340 JOD
$470 | 960 JOD
$1,400 | 5,300 JOD
$7,500 |
Savings to income distribution levels for families
| Saving To Income Ratio | % Families |
|---|
| 0% - 10% | 35% |
| 10% - 20% | 27% |
| 20% - 30% | 20% |
| 30% - 40% | 9% |
| 40% - 50% | 7% |
| > 50% | 2% |
Interpretation and Analysis
Families in Jordan can save anywhere between 12% to 30% of their monthly income, with 20% being the average for most families. The average amount of money that families can put aside is 960 JOD with 340 JOD and 5,300 JOD being the minimum and maximum respectively.
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.
Affordable living in Jordan
Income and cost of living compatibility
We asked residents one simple question and recorded their answers.
Is it affordable or economical to live in Jordan?
Around 65% of surveyed residents think that living in Jordan is affordable with proper budgeting while 35% reported that it is just too expensive and not affordable even with frugality and thriftness.
Low-cost alternatives in Jordan
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 residents how easily cost-cutting is and the answers were distributed as follows:
Plenty of low-cost options57%
Few low-cost options43%
Based on the survey, 57% of the people living in Jordan 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
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 residents of Jordan whether they have an emergency fund and the answers were as follows.
Yes61%
No39%
Based on the survey, 39% of the people living in Jordan said that they don't have an emergency fund while 61% said that they do.
Financial Literacy in Jordan
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 Leteracy60%
We asked residents of Jordan whether they acquired any adequate personal financial training in their lives. Approximately 40% 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 60% 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 residents of Jordan have problems or difficulties in managing their expenditures and savings so asked the people one simple question: do you struggle with your personal finances? 43% of the participants reported that they indeed struggle in creating budgets and in organizing their finances while 57% said that they have everything under control.
Struggles with finance43%
Easily manages finances57%
Financial goals of people in Jordan
In an attempt to understand the economic situation in Jordan, 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 Fund | 6% |
| Debt Reduction | 31% |
| Retirement Savings | 7% |
| Education Funding | 9% |
| Homeownership | 16% |
| Investing | 9% |
| Travel or Lifestyle | 11% |
| Healthcare Expenses | 8% |
| Financial Independence | 9% |
Around 6% of those who participated in the survey said that their main goal is to establish an emergency fund to cover unexpected expenses while 31% said their number one priority is to pay off high-interest debt or loans and improve credit. 7% of surveyed people confirmed that saving for retirement to ensure a comfortable lifestyle in the final years is their main target. Around 9% reported that their priority is saving for the tuition fees and education costs of their children while 16% choose to buy a home or pay off existing mortgage before other things. 9% of the population would like to build wealth through investments such as stocks, bonds, mutual funds, or real estate. For 11% of people, saving for vacations or upgrading their lifestyle is the number one concern. Approximately 8% of the residents said that saving for healthcare expenses including insurance premiums is their main goal.
Saving Challenges in Jordan
Reasons that make it difficult for people to save money
We wanted to understand what is stopping people from maximizing their savings in Jordan. Listed below are the answers given by the survey participants.
| Reason | % People |
|---|
| Low Income | 7% |
| High Expenses | 10% |
| Debt and Loans | 19% |
| Lack of Budgeting Skills | 10% |
| Impulsive Spending | 9% |
| Financial Emergencies | 6% |
| Living the moment | 7% |
| Will do it later | 16% |
| Inflation | 10% |
| Social Pressure | 3% |
| Market Instability | 3% |
Around 7% of the people said that their salary is too low to accommodate a portion for savings while 10% said that the high cost of living leaves little room for savings. 19% of the residents said that they are burdened with debt and find it challenging to save money. 10% 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. 9% blamed impulsive spending as the reason for saving inability. Around 6% said that unexpected expenses like medical bills or car repairs are derailing their savings goals. 7% bluntly said that they don't see the purpose of it and prefer to live each day to the fullest. 16% 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. 10% 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 societal expectations makes them overspend. Lastly, 3% blamed market instability and price fluctuations.
Typical saving choices for people in Jordan
Where do people choose to put their savings?
| Saving Type | % People |
|---|
| Emergency Funds | 10% |
| Gold | 9% |
| Savings Accounts | 17% |
| Retirement Accounts | 12% |
| Cash Savings | 15% |
| Real Estate | 10% |
| Investment | 6% |
| Stocks | 6% |
| Bonds | 7% |
| Mutual Funds | 3% |
| Certificates of Deposit | 3% |
Retirement, pension plans, and life after work in Jordan
What does the retirement lifestyle look like in Jordan and how much retirement savings are required?
Retirement age
The retirement age for most employees in Jordan is 65 years. Specific retirement ages can vary based on factors like occupation, gender, years of contribution, and location. It is not entirely unlikely for people to retire either before or after this age.
Retirement planning and savings
There are many retirement saving options, some are personally initiated and others are government-sponsered. Regardless of the source of savings, the minimum amount of money that needs to be put aside to ensure a peaceful and comfortable retirement at each age can be found in the table below. This data is largely approximated and can vary drastically based on individual needs and situations. Treat these figures as a general guideline.
The typical saved amount of money you should have at every age as multiples of monthly salary:| Age | Amount |
|---|
| 25 | 5x monthly salary at age 25 |
| 30 | 10x monthly salary at age 30 |
| 35 | 15x monthly salary at age 35 |
| 40 | 25x monthly salary at age 40 |
| 45 | 32x monthly salary at age 45 |
| 50 | 48x monthly salary at age 50 |
| 55 | 56x monthly salary at age 55 |
| 60 | 64x monthly salary at age 60 |
| 65 | 78x monthly salary at age 65 |
The typical average saved amount of money you should have at every age in Jordan:| Age | Amount |
|---|
| 25 | 4,700 JOD |
| 30 | 9,400 JOD |
| 35 | 16,000 JOD |
| 40 | 23,000 JOD |
| 45 | 35,000 JOD |
| 50 | 49,000 JOD |
| 55 | 59,000 JOD |
| 60 | 73,000 JOD |
| 65 | 87,000 JOD |
Retirement Income Distribution
We asked residents of Jordan about their retirement income sources and below are the results.
| Source | % People |
|---|
| Pensions | 14% |
| Savings | 21% |
| Investments | 14% |
| Social Security | 9% |
| Annuities | 9% |
| Part-time Job | 9% |
| Real Estate | 16% |
| Dividends and Interest | 9% |
Retirement Monthly Expenses in Jordan 290 JOD
$410 | 860 JOD
$1,200 | 5,800 JOD
$8,100 |
Debt, loans, and mortgages in Jordan
Percentage of people who are in debt
According to the survey, 31% of the people in Jordan have some kind of debt, loan, mortgage, or credit card payments while 69% reported that they don't have financial obligations to banks.
Debt-to-income ratio in Jordan
Debt to income ratio
28%
19% to 37%
( 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 28% of the people's monthly income in Jordan goes to debt settlement.
Debt levelsMonthly debt settlement payment as percentage of monthly income
| Debt-to-income ratio | % People |
|---|
| > 60% | 3% |
| 50% - 60% | 11% |
| 40% - 50% | 11% |
| 30% - 40% | 13% |
| 20% - 30% | 16% |
| 10% - 20% | 19% |
| 0% - 10% | 28% |
According to our data, 3% of the debtors in Jordan pay 60%+ of their income as debt settlement while 11% of the people pay 50% to 60% of their income for the same, which is quite an alarming financial situation for those individuals. 11% of people in debt dedicate 40% to 50% of their income to loan and mortgage payments while 13% dedicated 30% to 40% of income for same. Things are looking brighter for 16% of individuals as they only pay 20% to 30% of their income for loan and credit card repayment.
Distribution by type of debt in Jordan
| Debt | % People |
|---|
| Real Estate Mortgage | 14% |
| Auto Loan | 24% |
| Student Loan | 3% |
| Credit Card | 24% |
| Personal Loan | 36% |
14% of debtors in Jordan confirm that real estate mortgages constitutes the main part of their outstanding debt while 24% say that credit card payments are the reason they are in debt. Auto loans were the main type of debt for 24% of people and personal loans rose at 36%. Lastly, student loans are the main source of debt for 3% of debtors in Jordan.
About credit score and debt managementManaging 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 Jordan
Besides measuring the loan-to-income ratio, we asked residents of Jordan 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 |
|---|
| Never | 56% |
| Once a year | 22% |
| Twice a year | 11% |
| Three times a year | 8% |
| Four times a year | 4% |
Housing costs, accommodation, and housing affordability in Jordan
Rental costs and house/apartment prices can vary drastically between different areas and locations.
Rent Cost in Jordan
Monthly Rent Prices
Studio apartment
1-bedroom apartment
2-bedroom apartment | 300 JOD | 450 JOD | 1,200 JOD |
3-bedroom apartment | 360 JOD | 600 JOD | 1,600 JOD |
Furnished apartment | 720 JOD | 1,800 JOD | 3,600 JOD |
Townhouse | 600 JOD | 900 JOD | 2,600 JOD |
House | 720 JOD | 1,800 JOD | 3,600 JOD |
Villa | 900 JOD | 2,300 JOD | 3,600 JOD |
The monthly rental cost of a studio apartment in Jordan ranges between 150 JOD and 600 JOD, meanwhile the cost of monthly rental of a one-bedroom apartment can be anywhere from 230 JOD to 900 JOD. Two-bedroom rentals rate ranges between 300 JOD and 1,200 JOD per month. The monthly rental for a three-bedroom apartment ranges from 360 JOD to 1,600 JOD. The average rent of a townhouse in Jordan is around 900 JOD while house rental costs can be as high as 1,800 JOD per month. Finally, if you want to rent a villa, expect to pay anywhere from 900 JOD to 3,600 JOD per month.
Apartment and house prices in Jordan
Cost of buying a property
Studio apartment | 30,000 JOD | 45,000 JOD | 90,000 JOD |
1-bedroom apartment | 36,000 JOD | 60,000 JOD | 230,000 JOD |
2-bedroom apartment | 60,000 JOD | 180,000 JOD | 360,000 JOD |
| $85,000 | $250,000 | $510,000 |
3-bedroom apartment | 200,000 JOD | 300,000 JOD | 900,000 JOD |
Townhouse | 260,000 JOD | 600,000 JOD | 2.3M JOD |
House | 300,000 JOD | 1.8M JOD | 2.6M JOD |
Villa | 360,000 JOD | 2M JOD | 3M JOD |
The average price of a studio apartment in Jordan can range from 30,000 JOD to 90,000 JOD depending on location. One bedroom cost can be anywhere from 36,000 JOD to 230,000 JOD. A villa can cost you 2M JOD on average with prices ranging from 360,000 JOD to 3M JOD.
If you're leasing or purchasing, housing costs in Jordan 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
| 42 | x122 monthly income | 213 |
Property prices in Jordan can be x122 to x213 multiples of the monthly income depending on the property and the income of the person. On average, property prices are approximately x122 multiples of the average monthly salary in Jordan.
Rent to income ratio
Rent to income ratio( monthly rental / monthly income ) x 100
The average rent-to-income ratio in Jordan is around 32%. This means that people pay 32% of their income for rent. Those figures can range from 22% to 42% 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
30% 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.
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.
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.
SingleSpending habits, consumption analysis, and expenditure patterns for a single person living in Jordan
Housing33%
33% of total expenses on average (21% to 45%)
| LOW | $200 140 JOD |
| AVERAGE | $600 430 JOD |
| HIGH | $4,000 2,800 JOD |
| Per Month |
Utilities, Electricity, Water7%
7% of total expenses on average (3% to 12%)
| LOW | $33 24 JOD |
| AVERAGE | $100 71 JOD |
| HIGH | $670 470 JOD |
| Per Month |
Transport, Fuel7%
7% of total expenses on average (5% to 13%)
| LOW | $45 32 JOD |
| AVERAGE | $130 95 JOD |
| HIGH | $890 630 JOD |
| Per Month |
Food and Groceries17%
17% of total expenses on average (11% to 22%)
| LOW | $89 63 JOD |
| AVERAGE | $270 190 JOD |
| HIGH | $1,800 1,300 JOD |
| Per Month |
Healthcare10%
10% of total expenses on average (4% to 14%)
| LOW | $50 36 JOD |
| AVERAGE | $150 110 JOD |
| HIGH | $1,000 710 JOD |
| Per Month |
Leisure, Shopping4%
4% of total expenses on average (3% to 7%)
| LOW | $28 20 JOD |
| AVERAGE | $84 59 JOD |
| HIGH | $560 400 JOD |
| Per Month |
Education2%
2% of total expenses on average (1% to 4%)
| LOW | $11 7.9 JOD |
| AVERAGE | $33 24 JOD |
| HIGH | $220 160 JOD |
| Per Month |
Other Expenses20%
20% of total expenses on average (12% to 24%)
| LOW | $100 71 JOD |
| AVERAGE | $300 210 JOD |
| HIGH | $2,000 1,400 JOD |
| Per Month |
CoupleAverage monthly living expenditure breaks and spending patterns for couples in Jordan
Housing30%
30% of total expenses on average (23% to 40%)
| LOW | $310 220 JOD |
| AVERAGE | $920 650 JOD |
| HIGH | $4,900 3,500 JOD |
| Per Month |
Utilities, Electricity, Water6%
6% of total expenses on average (4% to 10%)
| LOW | $47 33 JOD |
| AVERAGE | $140 99 JOD |
| HIGH | $740 530 JOD |
| Per Month |
Transport, Fuel11%
11% of total expenses on average (5% to 16%)
| LOW | $110 79 JOD |
| AVERAGE | $330 240 JOD |
| HIGH | $1,800 1,300 JOD |
| Per Month |
Food and Groceries15%
15% of total expenses on average (10% to 20%)
| LOW | $130 92 JOD |
| AVERAGE | $390 280 JOD |
| HIGH | $2,100 1,500 JOD |
| Per Month |
Healthcare12%
12% of total expenses on average (6% to 16%)
| LOW | $100 73 JOD |
| AVERAGE | $310 220 JOD |
| HIGH | $1,600 1,200 JOD |
| Per Month |
Leisure, Shopping5%
5% of total expenses on average (2% to 8%)
| LOW | $56 40 JOD |
| AVERAGE | $170 120 JOD |
| HIGH | $890 630 JOD |
| Per Month |
Education2%
2% of total expenses on average (1% to 4%)
| LOW | $19 13 JOD |
| AVERAGE | $56 40 JOD |
| HIGH | $300 210 JOD |
| Per Month |
Other Expenses19%
19% of total expenses on average (13% to 25%)
| LOW | $160 110 JOD |
| AVERAGE | $470 340 JOD |
| HIGH | $2,500 1,800 JOD |
| Per Month |
FamilyAverage monthly expenses and break out of spending for families living in Jordan
Housing29%
29% of total expenses on average (24% to 39%)
| LOW | $420 300 JOD |
| AVERAGE | $1,200 840 JOD |
| HIGH | $6,500 4,600 JOD |
| Per Month |
Transport, Fuel7%
7% of total expenses on average (5% to 9%)
| LOW | $100 74 JOD |
| AVERAGE | $300 210 JOD |
| HIGH | $1,600 1,200 JOD |
| Per Month |
Food and Groceries19%
19% of total expenses on average (12% to 25%)
| LOW | $230 170 JOD |
| AVERAGE | $670 470 JOD |
| HIGH | $3,700 2,600 JOD |
| Per Month |
Healthcare9%
9% of total expenses on average (5% to 14%)
| LOW | $100 74 JOD |
| AVERAGE | $300 210 JOD |
| HIGH | $1,600 1,200 JOD |
| Per Month |
Leisure, Shopping4%
4% of total expenses on average (2% to 8%)
| LOW | $65 46 JOD |
| AVERAGE | $190 130 JOD |
| HIGH | $1,000 730 JOD |
| Per Month |
Education14%
14% of total expenses on average (7% to 22%)
| LOW | $180 130 JOD |
| AVERAGE | $520 370 JOD |
| HIGH | $2,900 2,000 JOD |
| Per Month |
Other Expenses14%
14% of total expenses on average (7% to 19%)
| LOW | $160 110 JOD |
| AVERAGE | $450 320 JOD |
| HIGH | $2,500 1,700 JOD |
| Per Month |
StudentCost of living and expenses break down for students living in Jordan
Housing21%
21% of total expenses on average (16% to 27%)
| LOW | $110 78 JOD |
| AVERAGE | $270 190 JOD |
| HIGH | $490 350 JOD |
| Per Month |
Utilities, Electricity, Water5%
5% of total expenses on average (3% to 9%)
| LOW | $18 13 JOD |
| AVERAGE | $46 32 JOD |
| HIGH | $82 58 JOD |
| Per Month |
Transport, Fuel6%
6% of total expenses on average (5% to 12%)
| LOW | $32 23 JOD |
| AVERAGE | $80 57 JOD |
| HIGH | $140 100 JOD |
| Per Month |
Food and Groceries21%
21% of total expenses on average (15% to 25%)
| LOW | $91 65 JOD |
| AVERAGE | $230 160 JOD |
| HIGH | $410 290 JOD |
| Per Month |
Healthcare7%
7% of total expenses on average (4% to 10%)
| LOW | $27 19 JOD |
| AVERAGE | $69 49 JOD |
| HIGH | $120 87 JOD |
| Per Month |
Leisure, Shopping4%
4% of total expenses on average (2% to 8%)
| LOW | $23 16 JOD |
| AVERAGE | $57 41 JOD |
| HIGH | $100 73 JOD |
| Per Month |
Education19%
19% of total expenses on average (12% to 24%)
| LOW | $87 62 JOD |
| AVERAGE | $220 150 JOD |
| HIGH | $390 280 JOD |
| Per Month |
Other Expenses17%
17% of total expenses on average (11% to 23%)
| LOW | $69 49 JOD |
| AVERAGE | $170 120 JOD |
| HIGH | $310 220 JOD |
| Per Month |
