🇪🇬 Living · Egypt

Sharm El Sheikh

Cost of living, housing, transport and neighborhoods in Sharm El Sheikh.

South Sinai Governorate · Africa ·UTC+2/UTC+3
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LowCost
★★★★☆Safety
ModerateEnglish
EGP E£Currency
75,000Population

City Overview

Sharm El Sheikh is a Red Sea diving and resort destination at the southern tip of Sinai — famed for world-class coral reefs (Ras Muhammad National Park) and all-inclusive resorts, and a frequent host of international conferences (Middle East summits, COP27). Tourism, hospitality and conventions are pillars, with dense international flights and relatively widespread English. Warm year-round with a strong beach-resort atmosphere. The diving, resort and conference city of Egypt’s Red Sea.

Cost of Living Snapshot

1BR Apartment E£ 12,500–25,000/mo (centre); E£ 9,000–18,000/mo (outer)
Dining Out E£ 120–280 (casual); E£ 500–1,100 (restaurant for 2)
Monthly Transport Monthly pass ~E£ 350
Monthly Groceries E£ 3,500–6,500/mo (groceries)
USD Reference: Approx. USD 240–490/mo (1BR centre)· at 2026-07-21 FX rates
Full Cost of Living Report →

Source: RichBay editorial estimate — indicative, not guaranteed Estimate baseline: 2026-06-21 · Actual costs vary by location, timing, and personal lifestyle.

Getting Around

Buses + driving/taxis; ride-hailing common. Sharm El Sheikh Airport (SSH, dense international holiday flights). Walkable resort zone and Naama Bay.

Housing & Neighborhoods

City Center Naama Bay (core/resort zone)
International Hub Hadaba/Sharks Bay (upscale/diving)
Quiet & Residential Nabq (resorts/coast)
Budget-Friendly Old Market/outer (local/value)

Why Live Here

  • Red Sea diving & resort; world-class reefs
  • International conference city (hosted COP27)
  • Warm year-round; English widely spoken
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How are the cost figures estimated?

Cost figures are RichBay editorial estimates of typical rent, food and transport, normalised to USD — indicative, not guaranteed. Verify locally before relying on them.

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