Egypt is currently experiencing a period of high inflation. The release of the Egyptian Pound (EGP) currency in November 2016 significantly reduced the value of the local currency against the dollar or the euro. At the beginning of November 2016 you got 9 EGP for one Euro, so 19 Euros later, more than double.
This loss of value has two effects:
Travel to and in Egypt became cheaper for foreign tourists.
Everyday life became more expensive for the local people.
Almost two years after the devaluation of the EGP, you can notice these price increases everywhere. But they are limited in comparison to the devaluation of the EGP to the euro.
Cost of living
On this page we want to give you a feeling for the current prices in Luxor (as of mid-2018):
Food
Butter – 45 EGP
Bread/Toast – 25 EGP
Bread/European Style – 30 EGP
Pizza (Restaurant) – 50 EGP
Cheese Spread– 35 EGP
Chocolate Bar – 10 EGP
Mayonaise – 500 gr Glas – 30 EGP
Vegetables 1 Kilo – between 25 and 35 EGP
Cooking Oil 1 Liter – 30 EGP
European Cheese (Gouda, Edamer) 500 gr – about 100 -150 EGP
Alkoholic Drinks (Beer / wine) are only occasionally available, the prices vary greatly to quality, 1 can of beer about 25 – 40 EGP, a bottle of wine (0.7 liters) around 200 EGP Pfund
Transport
Taxi (City area East Bank) two ways trip to any point – approx 50 EGP
TukTuk (West Bank) Single trip about 20 minutes – 25 till 30 EGP
Ferry West – East bank (ride in 15-minutes, one-way journey takes about 6 minutes) – 1 EGP
Private boats West – East Bank, two ways trip – 40 till 50 EGP, single trip – 25 EGP
Communication
Internet mobile (about 2 Mbit/sec) for a month of normal use without watching movies about 100 EGP
Telefon mobile for a month of normal use about 70 EGP
Salary
Assistant (cleaning / shopping etc) 1 day a week – approx 1000 EGP / month
Arabic – lessons with English skills (one hour each 2 days a week) – approx 1000 EGP / month
Others
Cigarettes – 1 box (L & M blue) – 30 EGP
Hairdresser– 60 EGP
Restaurant Visit– 90 EGP
Schischa – standard – 10 EGP
Schischa flavored – 25 EGP
Benzin 1 Liter – 8 EGP
Cash
The easiest way to get cash is to find ATMs in West and East Luxor in conjunction with a VISA card. The highest individual amounts to be withdrawn are usually 2,000 EGP, in some cases 3,000 EGP. The maximum daily amount is around 18,000 EGP.