Cost of Living in Sharm El Sheikh
For one person, living costs in Sharm El Sheikh are estimated at $455 a month, including rent and utilities, which take almost two thirds of the total. Other living expenses average about $5 a day.
How much you'll spend in Sharm El Sheikh
Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Sharm El Sheikh actually costs, broken down by who's living it.
A single person spends around $455 per month with rent, or $167 for everyday expenses alone.
A couple spends around $706 per month with rent, or $297 for everyday expenses alone.
A family of three spends around $956 per month with rent, or $427 without housing.
Overall, Sharm El Sheikh is about 66% below the global median. Within Africa, costs are well below average (50% lower) – one of the most affordable options in the region.
CityCost data is based on AI and user input – minor inaccuracies may occur.
Last update: October 10, 2026
Categories marked with * are only partly priced – their share counts the items that do have prices.
Categories marked with * are only partly priced – their share counts the items that do have prices.
Cost Breakdown
A one-bedroom apartment in the city center costs around $359, dropping to $287 outside central areas. Housing accounts for roughly 238% of the average salary ($151) – well above the 30% international benchmark.
The average net salary is $151 – below monthly costs of $455. Most locals rely on shared housing or dual incomes. Remote workers earning abroad will find stronger purchasing power.
Groceries cost around $55.0 per month for one person. A mid-range dinner for two is priced at $23.00 – well below the African average of $41.00.
Cost Highlights
Sharm El Sheikh has the 4th cheapest rice in Africa
Monthly cost (excluding rent) is cheaper than 92% of cities in Africa
Local beer is more expensive than 92% of cities in Africa
- Sharm El Sheikh
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