Don’t Overspend! Here Are Money-Saving Tips and Living Costs in Bangladesh

Looking to find out how much it costs to live in Bangladesh? Whether you’re planning to move for work, continue your studies, or simply preparing to send money to your family, this article has the answers. We’ll break it all down—from food prices and housing costs to money-saving tips to keep your finances in check. Let’s dive in!

Cost of Living Essentials in Bangladesh

Before getting into the numbers, it’s important to understand the main expenses when living in BangladeshGenerally, the biggest expenses include food, rent, transportation, healthcare, and other costs such as electricity, internet, and entertainment.

Read also: The Most Expensive and Cheapest Cost of Living Abroad

Cost of Living in Bangladesh

  • Meal cost

Eatingin Bangladesh is quite affordable, especially local food which is usually cheap and filling. At food stalls or simple restaurants, meals typically cost around 100–200 BDT (Bangladeshi Taka) per portion. If you prefer cooking at home, ingredients at traditional markets are also very affordable, ranging from vegetables and meat to fruits.

  • Housing Costs

Renting an apartment or house in major cities like Dhaka is relatively more expensive compared to other areas. A one-bedroom apartment in the city center can cost around 15,000–25,000 BDT per month, while in suburban areas it is cheaper, around 7,000–12,000 BDT. There are also many boarding houses or shared accommodation options that are more affordable, especially for students and new workers.

  • Transportation costs

Public transportation in Bangladesh such as buses and rickshaws is very cheap, with bus fares averaging only 15–30 BDT per trip. If you use taxis or ride-hailing services, the cost is still affordable and easily accessible in major cities.

  • Healthcare Costs

Basic healthcare services in Bangladesh are quite affordable, especially in government facilities. However, for specialized treatments or private hospitals, costs can be higher, so having health insurance is recommended.

  • Miscellaneous expense

Costs for electricity, water, internet, and mobile credit also need to be considered. Internet in Bangladesh typically costs around 1,000–2,000 BDT per month, while electricity and water depend on usage, averaging around 3,000–5,000 BDT per month in total. In addition, don’t forget to allocate a budget for entertainment and small expenses.

Daily Living Expenses

For daily needs in Bangladeshsuch as food, transportation, and light entertainment, people usually spend around 200–300 BDT per day. This amount is generally enough to enjoy local food, use public transportation like buses or rickshaws, and occasionally hang out at small cafés. However, this can vary depending on your lifestyle. If you prefer international restaurants or private transportation, your daily expenses will be higher.

Monthly Cost of Living in Bangladesh

Overall, the monthly cost of living in Bangladesh ranges between 20,000–35,000 BDT. This includes rent, daily meals, transportation, and other necessities. For those who prefer a simple and budget-friendly lifestyle, around 15,000 BDT per month may already be sufficient—especially if you choose affordable housing and cook more often. However, if you prefer a more comfortable lifestyle or want to live in the city center, you will need a higher budget.

Read also: 8 Easy Ways to Transfer Money Abroad

Money-Saving Tips in Bangladesh

  • Shop for groceries early in the morning at local markets to get discounts.
  • Use rickshaws or bicycles for more affordable transportation.
  • Cook at home using local recipes that are cheap and practical.
  • Look for housing in suburban areas where rent is more affordable.
  • Join local or expat communities for information on discounts and free events.
  • Take advantage of local festivals for free entertainment.
  • Buy quality second-hand items for household needs.
  • Use barter apps to exchange goods or services without money.
  • Monitor promotions and discounts through local online shopping apps.
  • Reduce electricity usage by turning off electronic devices when not in use.

If you have family, friends, or business partners in Bangladeshmake sure your money transfers arrive safely and quickly. Use Easylink as a trusted money transfer service that is licensed and directly regulated by Bank Indonesia. Starting from around Rp30,000 you can send money to over 170 countries! 

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