City in South Sinai, Egypt
Cost of living in Sharm El Sheikh
How much a month costs in Sharm El Sheikh
For one person, including rent. A comfortable month costs about $669–1,150 (E£35,000–60,000).
Prices in Sharm El Sheikh
Typical 2026 ranges in EGP, rounded. US$ at the 03 Oct 2026 exchange rate.
| Item | EGP | US$ |
|---|---|---|
| Housing | ||
| 1-bedroom apartment, center (month) | E£10,000–22,000 | $191–421 |
| 1-bedroom apartment, outside center (month) | E£6,000–13,000 | $115–249 |
| Hostel dorm bed (night) | E£300–650 | $5.7–12.4 |
| Mid-range hotel room (night) | E£2,000–5,500 | $38–105 |
| Food and drink | ||
| Local meal or street food | E£60–150 | $1.1–2.9 |
| Mid-range restaurant, per person | E£300–800 | $5.7–15.3 |
| Cappuccino | E£80–160 | $1.5–3.1 |
| Local beer, 0.5 l in a bar | E£120–250 | $2.3–4.8 |
| Getting around | ||
| Public transport, one ride | E£10–30 | $0.19–0.57 |
| Ride-hailing or taxi, about 5 km | E£100–250 | $1.9–4.8 |
| Work and life | ||
| Gym membership (month) | E£800–2,500 | $15–48 |
| Mobile data, 20–50 GB (month) | E£150–400 | $2.9–7.7 |
Value for money: 83/100
A value score of 83/100 means Sharm El Sheikh gives more quality of life per dollar than 82% of the 1,319 places we cover. Quality here scores 51/100. It's the 8th most affordable of 11 places we cover in Egypt.
| Quality factor | Score |
|---|---|
| Safety | |
| Air quality | |
| Internet | |
| Healthcare | |
| Weather | |
| Friendly locals | |
| English |
Cost of living across Egypt
One person, comfortable lifestyle, including rent.
| Place | Comfortable month | Value |
|---|---|---|
| Siwa Oasis | $459–765 | 96/100 |
| Aswan | $478–803 | 94/100 |
| Luxor | $536–861 | 87/100 |
| Dahab | $536–861 | 94/100 |
| Giza | $536–956 | — |
| Alexandria | $612–995 | 82/100 |
| Hurghada | $612–1,050 | 88/100 |
| Sharm El Sheikh | $669–1,150 | 83/100 |
| Marsa Alam | $669–1,150 | 84/100 |
| Cairo | $765–1,240 | 64/100 |
| El Gouna | $956–1,630 | 64/100 |
Cheaper alternatives to Sharm El Sheikh
Similar safety, lower cost, in Africa.
Quick answers
How much money do you need per month in Sharm El Sheikh?
About $344–536 on a lean budget, $669–1,150 for a comfortable month and $1,720–3,250 for a luxury one, rent included.
How much is rent in Sharm El Sheikh?
A furnished 1-bedroom apartment costs E£10,000–22,000 ($191–421) a month in the center and E£6,000–13,000 ($115–249) outside it.
How much does food cost in Sharm El Sheikh?
A local meal is E£60–150 ($1.1–2.9); a mid-range restaurant is E£300–800 ($5.7–15.3) per person.
Is Egypt expensive?
Prices in Egypt are about 15% of US price levels (World Bank PPP).
More about Sharm El Sheikh
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Sources
- ExchangeRate-API open rates
- World Bank: PPP conversion factor
- Egypt Ministry of Tourism and Antiquities
- Go Bus
- UK FCDO travel advice: Egypt
Prices are SoloSquare estimates for 2026, reviewed against official and operator prices where available. Compiled and reviewed by SoloSquare. How we compile and score this. Spotted something out of date? Tell us.