Cost of living
New Valley compared to Sharm El Sheikh
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Overview comparison
New ValleySharm El Sheikh
Consumer prices in Sharm El Sheikh are roughly 21% higher than in New Valley.
Cost of living
| Item | New Valley | Sharm El Sheikh |
|---|
| Total with rent one person | 319 | 485 |
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| Total with rent family | 808 | 1,076 |
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| Without rent one person | 215 | 197 |
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| Without rent one family | 628 | 730 |
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| Rent & Utilities person | 81.4 | 269.46 |
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| Rent & Utilities family | 166.39 | 243.44 |
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| Food person | 185 | 184 |
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| Food family | 368 | 455 |
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| Transport person | 25.71 | 8.04 |
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| Transport family | 60 | 18.83 |
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| Life expectancy | 68.58 years | 75.83 years |
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Eating Out
| Item | New Valley | Sharm El Sheikh |
|---|
| Lunch Menu | 3.8 | 6.68 |
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| Dinner in a Restaurant, for 2 | 18.28 | 28.23 |
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| Fast food meal, equiv. McDonald's | 5 | 8.45 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 1.44 | 1.38 |
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| Cappuccino | 1.26 | 1.22 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 0.31 | 0.25 |
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Rent & Utilities
| Item | New Valley | Sharm El Sheikh |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 101.57 | 264.57 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 52.86 | 190.07 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 209.11 | 158.89 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 130.08 | 168.94 |
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| Utility Bill one person, electricity, heating, water, etc. | 6.99 | 8.76 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 16.23 | 12.96 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 7.43 | 6.38 |
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Transportation
| Item | New Valley | Sharm El Sheikh |
|---|
| Local transport ticket | 15.36 | 11.68 |
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| Monthly ticket local transport | 814 | 1,054 |
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| Taxi Ride, 8 km or 5 mi | 264 | 800 |
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| Gas / Petrol, 1 L or 0.26 gal | 0.17 | 0.1 |
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| Mortgage Interest Rate for 20 Years | 2.32% | 8.49% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 2.84 | 2.74 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 0.23 | 0.2 |
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Groceries
| Item | New Valley | Sharm El Sheikh |
|---|
| Milk, 1 L or 1 qt | 0.98 | 0.95 |
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| Bread, 0.5 kg or 1.1 lb | 0.57 | 1.84 |
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| Eggs, x12 | 1.59 | 1.99 |
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| Cheese, 1 kg or 2.2 lb | 2.66 | 5.22 |
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| Chicken Breast, 1 kg or 2.2 lb | 3.73 | 2.05 |
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| Round Steak, 1 kg or 2.2 lb | 9.24 | 8.77 |
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| Banana, 1 kg or 2.2 lb | 0.54 | 0.75 |
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| Water, 1 L or 1 qt | 0.12 | 0.12 |
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Other
| Item | New Valley | Sharm El Sheikh |
|---|
| Gym Membership, 1 month | 20.21 | 14.52 |
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| Cinema Ticket, 1 person | 2.91 | 3.48 |
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| Doctors visit | 8.65 | 8.93 |
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| Haircut, simple | 1.75 | 2.38 |
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| Brand Jeans | 19.67 | 19.47 |
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| Brand Sneakers | 111.33 | 71.99 |
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| Daycare or Preschool, 1 month | 78.37 | 127.78 |
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| International Primary School, 1 year | 1,465 | 1,177 |
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