Wednesday, February 23, 2011

Housing and lving costs

Although Egypt has extrmaly high food prices living expensise are relitively cheap.For a nickel you can ride the bus to work and labour is almost free the average day laborer makes just 2 dollors a day.What makes living in Egypt diffifult is there 11% inflation rate which makes everything more expensive,but do not feal discouraged Egypt has made great strides in reducing there anula inflation rate.For example last yesar it was 18% this year 11% thats a 7% difforence in just one year.
   Housing is a difforent story though to our standards housing costs a ver resnable and just to give you a good idea of prices below I have listed some prices for houses .

To rent
Apartment (1 bedroom) in City Centre           $ 460.71
Apartment (1 bedroom) Outside of Centre      $250.00
Apartment (3 bedrooms) in City Centre           $894.71
Apartment (3 bedrooms) Outside of Centre    $ 874.11

 To Buy per square Meter

Price per Square Meter to Buy Apartment in City Centre          $1,047.50
Price per Square Meter to Buy Apartment Outside of Centre     $ 919.74



              

No comments:

Post a Comment