Average Salary in Egypt

Many people yearn to go to Egypt on account of its different popular locales. The average cost for basic items is low and expats can settle in Cairo, Egypt’s biggest city, to look for employment. Generally, American and European expatriates are known to go to that city for job openings, but they can be hard to find. That’s because the rate of unemployment is very high. However, that does not mean that starting a business in Egypt would be a poorly conceived notion. The people are moderately learned and searching for work.

What is the average salary in Egypt? The average salary in Egypt is $8,318.73 (133,890 EGP) yearly, $693.48 (11,158 EGP) monthly or $3.97 (64 EGP) hourly. In terms of Egyptian cities, workers in Cairo earn $8,839.74 annually while those in Alexandria earn $8,033.65 yearly. In the city of Sham el-Sheikh salaries average at $7,579.56 per year.

Job types vary widely in Egypt, but most foreigners don’t move for the monetary guarantee that makes other worldwide goals alluring. The most widely recognized occupation for expatriates working in the country is teaching, both intuition-based and English language schools.

Representatives for NGOs and volunteers make up another generous portion of the expat network. Different sectors that draw foreign nationals are the travel industry, finance and media.

It is far superior to be contracted from outside Egypt than to land in Egypt jobless. If the latter is the situation, the best way to find employment is via a personal connection.

Foreign nationals enlisted from abroad to work in Egypt appreciate a more significant compensation, regularly paid in foreign currencies. However, expatriate workers contracted from inside Egypt will, in general, be paid in the local currency and acquire considerably less. Networking is a significant part of the country’s business culture, which works to a great extent on the basis of individual contacts and proposals.

Egypt Average Household Income

The poverty rate in Egypt for the period between 2018 and 2019 stood at 32.5%, as indicated by Capmas’ Income and Expenditure survey. The highlights of the survey were released at a press conference on 29th July, 2019. Egypt’s poverty rate was 27.78% in the last release of the report, which estimated living conditions and utilization patterns in 2015. The rate includes people living below the currently adjusted poverty line of 735.5 EGP. Previously, the destitution line was factored in at 482 EGP per month.

Minimum Wage in Egypt

Egypt’s minimum wage rose to 2,000 EGP per month in 2019 from 1,200 EGP a month in 2018. The country’s minimum wages averaged at 1,091.88 EGP monthly from 2009 until 2019.

Minimum wage is the lowest monthly nominal wage for permanent employees in private and public centers. A national minimum wage per month was set at 35 EGP in 1984 and stayed unaltered at that level until 2010. President Abdel Fattah Al-Sisi initiated a maximum pay of 42,000 EGP per month for state representatives in 2014

Average Salary in Cairo

The average salary in Cairo is 142, 341 EGP per year, 11,862 EGP per month or 68 EGP per hour. Below is a list of some of the popular professions in Cairo and their annual salaries:

General Manager-$15,196.60 (245,126 EGP)
Sales Manager-$13,431.20 (216,630 EGP)
Teacher- $7,026.53 (113,333 EGP)
Project Manager -$10,268.91 (165,616 EGP)
Nurse-$6,977.56 (112,555 EGP)
Safety Officer-$5,848.30 (94,333 EGP)
Receptionist-$4,971.11 (80,189 EGP)
Chef-$6,839.25 (110,328 EGP)
Internal Auditor-$9,354.26 (150,888 EGP)
Human Resources Manager-$11,940.25 (192,601 EGP)
Doctor-$20,456.24 (329,951 EGP)
Accountant-$5.921.51 (95,511 EGP)
Administrative Assistant-$4,838.37 (78,038 EGP)
Engineer-$7,815.31 (126,061 EGP)
Dentist-$20,414.22 (329,261 EGP)
Travel Agent-$7.416.39 (119,619 EGP)
Pharmacist-$10,368.42 (167,227 EGP)
Architect-$8,214.99 (132,493 EGP)

Working in Cairo is an excellent option for those who have an interest in getting work experience in the Middle East. The Egyptian capital provides a range of business opportunities for foreign nationals.

Cairo is Egypt’s undisputed centre in pretty much every regard. More than one in ten of the nation’s inhabitants are presently living and working in the capital city and its metropolitan territory. For many international enterprises, working in Cairo is the most achievable alternative when attempting to build up a presence in the Middle East.

A considerable lot of the city’s inhabitants are employed in the public centre. That includes the legislature, the military and administrative officers.

Almost all the country’s motion pictures studios and prominent newspapers situated in Cairo. So, working in the city is a significant step in the vocations of numerous Egyptian media creatives. Films from Egypt are delighted in all through the Arab world, and being a worker in Cairo has always been the first step to stardom for aspiring actors.

Furthermore, Cairo’s construction business is a nearly crisis-proof sector exchange. The sudden increase in popularity for working in Cairo since the 1990s led to an increase in construction activities. Some gauge that one of every five structures in the city is less than 21 years of age. Accordingly, the city had a steady demand for workers in its construction sector and on the development sites of many new building projects.

The tourism sector is imperative to the city too. The numerous employees working in Cairo’s inns and bistros benefit significantly from the proximity of the famous pyramids. Yet, the city holds numerous sites of its own, and working as a tourist guide or souvenir vendor on Cairo’s boulevards is popular among the locals.

Cost of Living in Egypt in US Dollars

Egypt’s cost of living is relatively higher than that of neighbouring North African countries. However, it does compare favourably with certain Middle East nations, like Israel, Jordan and Saudi Arabia. Large cities such as Cairo, a hub for foreigners, tend to have a higher cost of living in comparison to smaller towns.

Accommodation costs vary according to the area, size and quality of houses. Of course, rental rates are higher in large cities than in rural areas. For instance, a three-bed apartment in the city centre rents for $332.54 per month. But, a similar apartment outside the centre goes for $204.31. The price of a one-bedroom apartment is $175 in the city centre or $100.56 outside the city centre.

Egypt is home to numerous mortgage lending firms, credit unions and insurance agencies. For anyone seeking to purchase a home on credit, the mortgage interest rate is 14.04% annually for a 20-year loan. When it comes to homeowners insurance, the cost is around $761 to $1,075 per year. Utilities, including air conditioning, water, electricity and garbage collection, cost $24.50 per month.

Public transport in the country has attractive prices. A one-way ticket for local transport is $0.31 and a monthly pass is $12.37. Taxis are also affordable and it is possible to negotiate the cost of a trip with the driver.

Food and clothing can take as much or as little of the overall household expenses depending on one’s lifestyle. Cooking at home using local ingredients, and avoiding overpriced restaurants may facilitate a comfortable life on a reasonable budget. Local produce is reasonably priced, but imported goods are pricey and may be suitable for those with tight budgets.