Cost of Living in Bangladesh
Last updated on Mar 03, 2024
Summary: The cost of living in Bangladesh is relatively low compared to other countries. A nice 1 bedroom apartment in Bangladesh can cost anywhere from $200 to $400 per month, while a nice 2 bedroom apartment can cost from $400 to $800 per month. Dinner at a moderately priced restaurant in Bangladesh can cost anywhere from $5 to $15 per person.
Is the cost of living in Bangladesh high?
We asked people how much they someone comfortably live on in Bangladesh, they wrote:
"The cost of living in Bangladesh is generally quite low compared to other countries. Basic necessities such as food, transportation, and housing are relatively inexpensive, and the cost of living is even lower in rural areas. The cost of utilities, such as electricity and water, is also quite low. In addition, the cost of entertainment and leisure activities is quite affordable. Overall, Bangladesh is a relatively inexpensive place to live," explained one expat living in Bangladesh.
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Will I save money living in Bangladesh?
"Living in Bangladesh can be significantly cheaper than living in the United States. The cost of living in Bangladesh is much lower than in the United States, with basic necessities such as food, housing, and transportation costing significantly less. Additionally, the cost of labor is much lower in Bangladesh, meaning that services such as housekeeping, childcare, and transportation are also much more affordable. As a result, living in Bangladesh can be a great way to save money compared to living in the United States," said one expat in Bangladesh.
What is the average cost of housing in Bangladesh?
If you are thinking about moving to Bangladesh, cost of living in probably a key consideration. Expats commented about the cost of housing:
"Higher. It is difficult to compare, but for a decent apt in Bucharest it will be a few hundreds euro. In Dhaka, it is thousands," explained one expat living in Dhaka.
"The cost of housing in Bangladesh varies depending on the location and type of housing. Generally, housing in Bangladesh is relatively affordable compared to other countries, with the average cost of a basic apartment ranging from around $50 to $200 per month. Additionally, there are many options for low-cost housing, such as shared housing and dormitories, which can be found for as little as $10 to $20 per month," said one expat in Bangladesh.
What are typical rental prices for expats in Bangladesh?
"The rental price for a nice 1 bedroom apartment in Bangladesh is typically around $200 to $400 USD per month, while a nice 2 bedroom apartment usually commands a higher rental rate of around $300 to $600 USD per month," said an expat in Bangladesh.
What appliances are typically included in a rental?
We asked foreigners in Bangladesh what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:
"Renting a home in Bangladesh typically includes functional appliances such as a refrigerator, washing machine, electric stove, and oven. Other basic amenities such as furniture and an air conditioner may also be included in the rental property depending on the agreement between the renter and the landlord," commented one expat who moved to Bangladesh.
About the Author
Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.
Additional Information:
- Bangladesh Guide
- Healthcare & Health Insurance in Bangladesh
- Members Talk about Healthcare & Health Insurance in Bangladesh
- Best Places to Live in Bangladesh
- Guide to Real Estate in Bangladesh
- Pros & Cons of Living in Bangladesh
- Cost of Living in Bangladesh
- Culture Shock in Bangladesh
- Homeschooling in Bangladesh
- How to Enroll Your Children in School in Bangladesh
- Educational System in Bangladesh
- Pros and Cons of Living in Bangladesh 2024