Cost Of Living For a Single Person in Taizz 2024

Single person cost of living chart - individual average monthly expenditure in Taizz

Average Monthly Expenditure

Currency: YER
300 2,200 14,000
MINIMUM AVERAGE MAXIMUM
$1.2 $8.6 $58

Average monthly spending for a single person or individual in Taizz

How much money does an individual need in a month to survive in Taizz?

A single person in Taizz spends around 2,200 YER per month on average. Depending on the lifestyle, a single individual can survive with a monthly budget as low as 300 YER or as high as 14,000 YER. Location and income are very important factors and have a huge influence on expenditure and budget.


Prices and cost of goods and services in Taizz


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

Dining, food, and beverages costs


Fast food combo meal

3.4 YER 6.7 YER 11 YER
MINIMUM AVERAGE MAXIMUM
$0.01 $0.03 $0.04

Restaurant meal for one

11 YER 16 YER 32 YER
MINIMUM AVERAGE MAXIMUM
$0.04 $0.06 $0.13

Fine dining meal for one

21 YER 32 YER 130 YER
MINIMUM AVERAGE MAXIMUM
$0.09 $0.13 $0.51

Cappuccino or latte

2.8 YER 4.5 YER 6.7 YER
MINIMUM AVERAGE MAXIMUM
$0.01 $0.02 $0.03

Grocery and market costs


Milk large bottle

2.2 YER 2.7 YER 3.4 YER
MINIMUM AVERAGE MAXIMUM
$0.01 $0.01 $0.01

12 eggs

1.7 YER 2.2 YER 3.4 YER
MINIMUM AVERAGE MAXIMUM
$0.01 $0.01 $0.01

Fresh whole chicken

3.8 YER 5 YER 7 YER
MINIMUM AVERAGE MAXIMUM
$0.02 $0.02 $0.03

Pack of beef

4.5 YER 6.7 YER 13 YER
MINIMUM AVERAGE MAXIMUM
$0.02 $0.03 $0.05

Medium bag of rice

1.8 YER 2.5 YER 3.5 YER
MINIMUM AVERAGE MAXIMUM
$0.01 $0.01 $0.01

Bag of tomatos

0.67 YER 0.90 YER 1.7 YER
MINIMUM AVERAGE MAXIMUM
$0.01 $0.01 $0.01

Bag of apples

1.2 YER 1.6 YER 2.6 YER
MINIMUM AVERAGE MAXIMUM
$0.01 $0.01 $0.01
Chart showing the prices and cost of commute, travel, and transportation in Taizz


Commute, travel, and transportation costs


20 minutes taxi ride

2.7 YER 3.2 YER 6.4 YER
MINIMUM AVERAGE MAXIMUM
$0.01 $0.01 $0.03

Average car full tank

17 YER 22 YER 45 YER
MINIMUM AVERAGE MAXIMUM
$0.07 $0.09 $0.18

Average car 1-day rental

15 YER 20 YER 31 YER
MINIMUM AVERAGE MAXIMUM
$0.06 $0.08 $0.12

Average car price

8,400 YER 17,000 YER 22,000 YER
MINIMUM AVERAGE MAXIMUM
$34 $67 $90

Bus ticket one way

0.51 YER 0.77 YER 1.5 YER
MINIMUM AVERAGE MAXIMUM
$0.01 $0.01 $0.01

Car Service

20 YER 31 YER 61 YER
MINIMUM AVERAGE MAXIMUM
$0.08 $0.12 $0.24
Chart showing the prices and cost of utility, energy, water, and gas in Taizz


Utility cost (monthly)


Utility Bill - Individual

18 YER 130 YER 860 YER
MINIMUM AVERAGE MAXIMUM
$0.07 $0.52 $3.5

Internet and cable

17 YER 34 YER 45 YER
MINIMUM AVERAGE MAXIMUM
$0.07 $0.13 $0.18

Mobile phone charges

13 YER 22 YER 67 YER
MINIMUM AVERAGE MAXIMUM
$0.05 $0.09 $0.27

Leisure and activities costs


Movie ticket

8.4 YER 11 YER 17 YER
MINIMUM AVERAGE MAXIMUM
$0.03 $0.04 $0.07

One month gym membership

25 YER 31 YER 61 YER
MINIMUM AVERAGE MAXIMUM
$0.10 $0.12 $0.24
Chart showing the prices and cost of clothing and accessories in Taizz


Cloths and accessories costs


Pair of jeans or pants

18 YER 26 YER 38 YER
MINIMUM AVERAGE MAXIMUM
$0.07 $0.10 $0.15

Woman dress

17 YER 24 YER 77 YER
MINIMUM AVERAGE MAXIMUM
$0.07 $0.09 $0.31

Woman shoes

16 YER 22 YER 51 YER
MINIMUM AVERAGE MAXIMUM
$0.06 $0.09 $0.20

Men's shoes

14 YER 17 YER 34 YER
MINIMUM AVERAGE MAXIMUM
$0.06 $0.07 $0.14

Men suit

15 YER 19 YER 100 YER
MINIMUM AVERAGE MAXIMUM
$0.06 $0.08 $0.41

Regular t-shirt

7.7 YER 10 YER 31 YER
MINIMUM AVERAGE MAXIMUM
$0.03 $0.04 $0.12
Chart showing the prices and cost of housing, accommodation, and rent in Taizz


Housing costs / monthly rent


Studio apartment

260 YER 380 YER 1,000 YER
MINIMUM AVERAGE MAXIMUM
$1 $1.5 $4.1

1-bedroom apartment

380 YER 610 YER 1,500 YER
MINIMUM AVERAGE MAXIMUM
$1.5 $2.4 $6.1

2-bedroom apartment

510 YER 770 YER 2,000 YER
MINIMUM AVERAGE MAXIMUM
$2 $3.1 $8.2

Housing costs / Buying


Studio apartment

51,000 YER 77,000 YER 150,000 YER
MINIMUM AVERAGE MAXIMUM
$200 $310 $610

1-bedroom apartment

61,000 YER 100,000 YER 380,000 YER
MINIMUM AVERAGE MAXIMUM
$240 $410 $1,500

2-bedroom apartment

100,000 YER 310,000 YER 610,000 YER
MINIMUM AVERAGE MAXIMUM
$410 $1,200 $2,400
Chart showing the prices and cost of furniture in Taizz


Furniture Costs


King Size Bed

340 YER 420 YER 560 YER
MINIMUM AVERAGE MAXIMUM
$1.3 $1.7 $2.2

Double Bed

220 YER 340 YER 420 YER
MINIMUM AVERAGE MAXIMUM
$0.90 $1.3 $1.7

Single Bed

200 YER 260 YER 340 YER
MINIMUM AVERAGE MAXIMUM
$0.79 $1 $1.3

Living Room

370 YER 480 YER 1,700 YER
MINIMUM AVERAGE MAXIMUM
$1.5 $1.9 $6.7

Dining Table

170 YER 220 YER 420 YER
MINIMUM AVERAGE MAXIMUM
$0.67 $0.90 $1.7

Sofa or Couch

220 YER 310 YER 670 YER
MINIMUM AVERAGE MAXIMUM
$0.90 $1.2 $2.7
Chart showing the prices and cost of electronic devices and appliances in Taizz


Electronics and House Appliance Costs


TV Set

220 YER 340 YER 670 YER
MINIMUM AVERAGE MAXIMUM
$0.90 $1.3 $2.7

Fridge or Freezer

200 YER 310 YER 420 YER
MINIMUM AVERAGE MAXIMUM
$0.79 $1.2 $1.7

Washing Machine

260 YER 370 YER 670 YER
MINIMUM AVERAGE MAXIMUM
$1 $1.5 $2.7

Stove or Cooker

240 YER 310 YER 420 YER
MINIMUM AVERAGE MAXIMUM
$0.96 $1.2 $1.7

Mobile Phone

280 YER 340 YER 480 YER
MINIMUM AVERAGE MAXIMUM
$1.1 $1.3 $1.9

Laptop or Computer

310 YER 370 YER 670 YER
MINIMUM AVERAGE MAXIMUM
$1.2 $1.5 $2.7
Single person or Individual cost of living and expenditure to income ratio in Taizz

Single person expenditure to income ratio in Taizz

Analysing the how affordable it is for an individual to live in Taizz

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


Spending to Income Ratio

70%

65% to 77%

( expenditure / income ) x 100


Individuals in Taizz spend around 70% of their monthly income. Some individuals spend as low as 65% of their income while some as high as 77%.

Distribution of monthly cost of living expenses of a single person in Taizz

How do individuals spend their money in Taizz?

We asked thousands of individuals 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 individuals

Accomodation Cost27%

27% of total expenses on average (15% to 39%)

LOW$0.43   110 YER
AVERAGE$3.1   780 YER
HIGH$21   5,200 YER
Per Month

Individuals in Taizz typically spend from 15% to 39% of their total monthly expenditure on housing with 27% being the average. The average monthly spend on housing is 780 YER with expenditure ranging from 110 YER to 5,200 YER. This cost mainly goes for rent but it also includes other accommodation-related expenses.

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

Cost of utilities9%

9% of total expenses on average (5% to 14%)

LOW$0.07   18 YER
AVERAGE$0.52   130 YER
HIGH$3.5   860 YER
Per Month

Utility expenditure like electricity, water, and gas in Taizz ranges from 5% to 14% of total expenses with 9% being the average for most individuals. The average monthly cost of utilities is 130 YER with 18 YER and 860 YER being the upper and lower limits for a single person.

Transport, fuel, and commute expenditure for individuals

Cost of transport and fuel4%

4% of total expenses on average (2% to 10%)

LOW$0.10   24 YER
AVERAGE$0.69   170 YER
HIGH$4.6   1,200 YER
Per Month

Fuel consumption and cost of transport depend heavily on whether a single person resides near school and work, but roughly speaking a single person would expect to spend from 24 YER to 1,200 YER in a month on commuting with 170 YER being the norm for most individuals. 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 10%.

Food, groceries, and basic shopping expenditure for individuals

Food and Groceries Cost20%

20% of total expenses on average (14% to 25%)

LOW$0.19   48 YER
AVERAGE$1.4   350 YER
HIGH$9.2   2,300 YER
Per Month

The average outlay on groceries and basic houshold items for a typical person in a month in Taizz is 350 YER. The cost of groceries can range between 48 YER to 2,300 YER. Individuals spend on average about 20% on food and groceries with upper and lower bounds of 14% and 25% respectively.

Healthcare and medical services expenditure for individuals

Cost of healthcare13%

13% of total expenses on average (7% to 17%)

LOW$0.11   27 YER
AVERAGE$0.78   190 YER
HIGH$5.2   1,300 YER
Per Month

Individuals in Taizz allocate 7% 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 13%. The range of medical expenses range from 27 YER to 1,300 YER with 190 YER being the norm for most individuals.

Leisure and shopping expenditure for individuals

Cost of leisure and shopping2%

2% of total expenses on average (1% to 5%)

LOW$0.06   15 YER
AVERAGE$0.43   110 YER
HIGH$2.9   720 YER
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 15 YER to 720 YER with 110 YER being the average. Speaking of percentages, that equates to 1% to 5% of total expenses with an average of 2% for most individuals.

Education and schooling expenditure for individuals

Cost of education and schooling1%

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

LOW$0.02   6 YER
AVERAGE$0.17   43 YER
HIGH$1.2   290 YER
Per Month

Spending on education can vary drastically between different individuals. On average, education constitutes 1% of the monthly expenditure of individuals with 0.00% and 3% being the lower and upper bounds respectively. The average reported education cost is 43 YER per month with 6 YER being the minimum spent amount and 290 YER being the maximum.

Other Expenses23%

23% of total expenses on average (15% to 27%)

LOW$0.22   54 YER
AVERAGE$1.6   390 YER
HIGH$10   2,600 YER
Per Month
Percentage of individuals who manage to save money from their income every month in Taizz

What percentage of individuals in Taizz are able to save money and how much can they save?


Percentage of individuals that reported their ability to save money


Saving Money
48%
Not Saving
52%

Almost 48% of surveyed individuals in Taizz said that they can save some money at the end of each month while 52% reported that they have to utilize their whole income to survive.


A single person savings to income ratio in Taizz

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 individuals 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

11% 18% of income 28%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

66 YER
$0.26
600 YER
$2.4
4,000 YER
$16
MINIMUM AVERAGE MAXIMUM

Savings to income distribution levels for individuals

Saving To Income Ratio% Individuals
0% - 10%34%
10% - 20%27%
20% - 30%17%
30% - 40%11%
40% - 50%8%
> 50%3%

Interpretation and Analysis

Individuals that are able to save money can put anywhere from 11% to 28% of their monthly income to their savings, with 18% being the average for most individuals. The average monthly amount of money that individuals can put aside is 600 YER with 66 YER and 4,000 YER being the minimum and maximum respectively.

Reasons that make it difficult for individuals to save money in Taizz

Saving Challenges in Taizz

Reasons that make it difficult for individuals to save money

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


Reason% People
Low Income4%
High Expenses7%
Debt and Loans10%
Lack of Budgeting Skills12%
Impulsive Spending13%
Financial Emergencies8%
Living the moment5%
Will do it later23%
Inflation15%
Social Pressure2%
Market Instability1%

Around 4% of the individuals 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. 12% reported that they just don't have the knowledge or discipline to create and stick to a budget, leading to overspending and an inability to save. 13% of individuals 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. 5% bluntly said that they don't see the purpose of it and prefer to live each day to the fullest. 23% 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 individuals choose to put their savings in Taizz

Typical saving choices for individuals in Taizz

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 individuals to live in Taizz

Affordable living in Taizz

Income and cost of living compatibility

We asked individuals one simple question and recorded their answers.

Is it affordable or economical to live in Taizz?


Yes
35%
No
65%

Around 35% of surveyed individuals think that living in Taizz is affordable with proper budgeting while 65% reported that it is just too expensive and not affordable even with frugality and thriftness.

How easily is cost-cutting for individuals. Are there plenty of low-cost options in Taizz

Low-cost alternatives in Taizz

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 individuals 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 individuals living in Taizz 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 Individuals

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 individuals of Taizz whether they have an emergency fund and the answers were as follows.

Yes31%

No69%


Based on the survey, 69% of the individuals living in Taizz said that they don't have an emergency fund while 31% said that they do.

Financial literacy and difficulty in budgeting and financial planning for individuals in Taizz

Financial Literacy in Yemen

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 Leteracy34%


We asked individuals in Taizz whether they acquired any adequate personal financial training in their lives. Approximately 66% 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 34% 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 single people of Yemen have problems or difficulties in managing their expenditures and savings so we asked people one simple question: do you struggle with your personal finances? 68% of the participants reported that they indeed struggle in creating budgets and in organizing their finances while 32% said that they have everything under control.

Struggles with finance68%

Easily manages finances32%

Financial goals and targets of single people living in Taizz

Financial goals of individuals in Taizz

In an attempt to understand the economic situation in Taizz, 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 Reduction49%
Retirement Savings12%
Education Funding6%
Homeownership19%
Investing5%
Travel or Lifestyle4%
Healthcare Expenses17%
Financial Independence3%

Around 9% of individuals said that their main goal is to establish an emergency fund to cover unexpected expenses while 49% 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 4% 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 individuals who are in debt in Taizz

Debt, loans, and mortgages in Taizz


Percentage of individuals who are in debt


In Debt
32%
Debt Free
68%

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


Chart showing debt-to-income ratio in Taizz

Debt-to-income ratio in Taizz

Debt to income ratio

29%

22% 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 29% of a single person's monthly income in Taizz goes to debt settlement.


Debt levels

Monthly debt settlement payment as percentage of monthly income

Debt-to-income ratio% People
> 60%4%
50% - 60%22%
40% - 50%17%
30% - 40%19%
20% - 30%7%
10% - 20%8%
0% - 10%24%

According to our data, 4% of the debtors in Taizz pay 60%+ of their income as debt settlement while 22% 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 Taizz

Debt% People
Real Estate Mortgage5%
Auto Loan10%
Student Loan5%
Credit Card33%
Personal Loan47%

5% of debtors in Taizz 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 47%. Lastly, student loans are the main source of debt for 5% of debtors in Taizz.


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 Taizz

Besides measuring the loan-to-income ratio, we asked individuals of Taizz 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 year13%
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 Taizz

Housing costs, accommodation, and housing affordability in Taizz

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


Rent Cost in Taizz

Monthly Rent Prices

Studio apartment monthly rent cost

260 YER 380 YER 1,000 YER
MINIMUM AVERAGE MAXIMUM
$1 $1.5 $4.1

1-bedroom apartment monthly rent cost

380 YER 610 YER 1,500 YER
MINIMUM AVERAGE MAXIMUM
$1.5 $2.4 $6.1

2-bedroom apartment monthly rent cost

510 YER 770 YER 2,000 YER
MINIMUM AVERAGE MAXIMUM
$2 $3.1 $8.2

3-bedroom apartment monthly rent cost

610 YER 1,000 YER 2,800 YER
MINIMUM AVERAGE MAXIMUM
$2.4 $4.1 $11

Furnished apartment monthly rent cost

1,200 YER 3,100 YER 6,100 YER
MINIMUM AVERAGE MAXIMUM
$4.9 $12 $24

Townhouse monthly rent cost

1,000 YER 1,500 YER 4,400 YER
MINIMUM AVERAGE MAXIMUM
$4.1 $6.1 $17

House monthly rent cost

1,200 YER 3,100 YER 6,100 YER
MINIMUM AVERAGE MAXIMUM
$4.9 $12 $24

Villa monthly rent cost

1,500 YER 3,800 YER 6,100 YER
MINIMUM AVERAGE MAXIMUM
$6.1 $15 $24

The monthly rental cost of a studio apartment in Taizz ranges between 260 YER and 1,000 YER, meanwhile the cost of monthly rental of a one-bedroom apartment can be anywhere from 380 YER to 1,500 YER. Two-bedroom rentals rate ranges between 510 YER and 2,000 YER per month. The monthly rental for a three-bedroom apartment ranges from 610 YER to 2,800 YER. The average rent of a townhouse in Taizz is around 1,500 YER while house rental costs can be as high as 3,100 YER per month. Finally, if you want to rent a villa, expect to pay anywhere from 1,500 YER to 6,100 YER per month.



Apartment and house prices in Taizz

Cost of buying a property

Studio apartment price

51,000 YER 77,000 YER 150,000 YER
MINIMUM AVERAGE MAXIMUM
$200 $310 $610

1-bedroom apartment price

61,000 YER 100,000 YER 380,000 YER
MINIMUM AVERAGE MAXIMUM
$240 $410 $1,500

2-bedroom apartment price

100,000 YER 310,000 YER 610,000 YER
MINIMUM AVERAGE MAXIMUM
$410 $1,200 $2,400

3-bedroom apartment price

340,000 YER 510,000 YER 1.5M YER
MINIMUM AVERAGE MAXIMUM
$1,400 $2,000 $6,100

Townhouse price

440,000 YER 1M YER 3.8M YER
MINIMUM AVERAGE MAXIMUM
$1,700 $4,100 $15,000

House price

510,000 YER 3.1M YER 4.4M YER
MINIMUM AVERAGE MAXIMUM
$2,000 $12,000 $17,000

Villa price

610,000 YER 3.4M YER 5.1M YER
MINIMUM AVERAGE MAXIMUM
$2,400 $14,000 $20,000

The average price of a studio apartment in Taizz can range from 51,000 YER to 150,000 YER depending on location. One bedroom cost can be anywhere from 61,000 YER to 380,000 YER. A villa can cost you 3.4M YER on average with prices ranging from 610,000 YER to 5.1M YER.


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


27 x74 monthly income 170
MINIMUM AVERAGE MAXIMUM

Property prices in Taizz can be x74 to x170 multiples of the monthly income depending on the property and the income of the person. On average, property prices are approximately x74 multiples of the average monthly salary in Taizz.



Rent to income ratio


Rent to income ratio

( monthly rental / monthly income ) x 100


16% 25% of income 34%
MINIMUM AVERAGE MAXIMUM

The average rent-to-income ratio in Taizz is around 25%. This means that people pay 25% of their income for rent. Those figures can range from 16% to 34% 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
23%

Property Taxes

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


FROM
1.8%
AVERAGE
2.8%
TO
3.7%

Home Maintenance Costs

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


4.8 YER 62 YER 620 YER
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 Taizz

Utilities expenditure can vary slightly between different areas and locations.


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

Utility Bill Cost / Electricity + Water + Gas / A single person

18 YER 130 YER 860 YER
MINIMUM AVERAGE MAXIMUM
$0.07 $0.52 $3.5

Internet and cable cost

17 YER 34 YER 45 YER
MINIMUM AVERAGE MAXIMUM
$0.07 $0.13 $0.18

Mobile phone bill and charges

13 YER 22 YER 67 YER
MINIMUM AVERAGE MAXIMUM
$0.05 $0.09 $0.27

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 individuals is around 130 YER. The cost of internet and WiFi ranges from 17 YER to 45 YER with 34 YER being the average internet bill. Finally, the average monthly mobile charges is around 22 YER but can range between 13 YER and 67 YER 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


3.6% 6.3% of income 9.8%
MINIMUM AVERAGE MAXIMUM

The average utility-to-income ratio in Taizz is around 6.3%. This means that people pay 6.3% of their income for energy, water, internet, and mobile charges. Those figures can range from 3.6% to 9.8% depending on salary and location.

Food Prices, Dining Expenses, and Grocery Costs in Taizz

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


Prices and cost of goods and services in Taizz

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

Fast food combo meal price

3.4 YER 6.7 YER 11 YER
MINIMUM AVERAGE MAXIMUM
$0.01 $0.03 $0.04

The average price of a regular combo meal at a fast food outlet or chain like McDonald's, Pizzahut, or KFC in Taizz is approximatly 6.7 YER with meal cost ranging from 3.4 YER to 11 YER. The typical combo meal consists of a burger, french fries, and a drink.

Restaurant meal for one price

11 YER 16 YER 32 YER
MINIMUM AVERAGE MAXIMUM
$0.04 $0.06 $0.13

If you are planning to have a nice meal at a mid-range restaurant, expect to pay anywhere between 11 YER and 32 YER with 16 YER being the average price of a plate for one person at a regular restaurant in Taizz.

Fine dining meal for one price

21 YER 32 YER 130 YER
MINIMUM AVERAGE MAXIMUM
$0.09 $0.13 $0.51

The price range of a meal at fine-dining restaurant is 21 YER to 130 YER with the average cost being 32 YER for one person. This is what you would expect to pay a top-tier diner in Taizz.

Beverage prices, cappuccino, latte etc..

2.8 YER 4.5 YER 6.7 YER
MINIMUM AVERAGE MAXIMUM
$0.01 $0.02 $0.03

The average price of a regular beverage like cappuccino or latte at Starbucks, Costa, or similar coffee shops and cafes in Taizz is around 4.5 YER. Price ranges between 2.8 YER and 6.7 YER depending on the type of beverage, the size, and optional add-ons.



Grocery and market costs

Large bottle of milk price

2.2 YER 2.7 YER 3.4 YER
MINIMUM AVERAGE MAXIMUM
$0.01 $0.01 $0.01

The average price of a large bottle of milk in Taizz is 2.7 YER. The maximum what you would pay for milk is 3.4 YER and the minimum being 2.2 YER depending on the brand of milk and other properties.

12 eggs price

1.7 YER 2.2 YER 3.4 YER
MINIMUM AVERAGE MAXIMUM
$0.01 $0.01 $0.01

A dozen eggs costs around 2.2 YER on average with 1.7 YER and 3.4 YER being the lower and upper limits respectively.

Fresh whole chicken price

3.8 YER 5 YER 7 YER
MINIMUM AVERAGE MAXIMUM
$0.02 $0.02 $0.03

The price range of a fresh whole chicken in Taizz is between 3.8 YER and 7 YER depending on the size of the chicken and whether it is oraganic or not. The average price is approximatly 5 YER.

Pack of beef price

4.5 YER 6.7 YER 13 YER
MINIMUM AVERAGE MAXIMUM
$0.02 $0.03 $0.05

The price of a regular pack of beef or meat is around 6.7 YER. A pack of beef contains around 1Kg or 1lb depending on packing.

Medium bag of rice price

1.8 YER 2.5 YER 3.5 YER
MINIMUM AVERAGE MAXIMUM
$0.01 $0.01 $0.01

A bag of rice in Taizz costs around 2.5 YER on average with prices rangeing between 1.8 YER and 3.5 YER depending on the brand and quality.

Bag of tomatos price

0.67 YER 0.90 YER 1.7 YER
MINIMUM AVERAGE MAXIMUM
$0.01 $0.01 $0.01

A bag of tomatoes costs anywhere from 0.67 YER to 1.7 YER. A bag of tomatoes denotes 1Kg or 1lb depending on location.

Bag of apples price

1.2 YER 1.6 YER 2.6 YER
MINIMUM AVERAGE MAXIMUM
$0.01 $0.01 $0.01

A bag of apples costs 1.6 YER 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


17% 24% of income 30%
MINIMUM AVERAGE MAXIMUM

The average grocery-to-income ratio in Taizz is around 24%. This means that individuals spend 24% of their income on grocery and basic household items. The expenditure can range from 17% to 30% depending on salary and location.


Expenditure on food and grocery for individuals

Individuals' spending on grocery ranges from 48 YER to 2,300 YER with the location, income being the most determinite factors.

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