What’s Latest Cost of Living in Pakistan 2024?

Introduction

The cost of living in Pakistan varies significantly depending on the city, lifestyle and personal spending habits. Pakistan, a country with a rich cultural heritage and diverse landscapes, offers a relatively low cost of living compared to many Western countries. This article provides a comprehensive overview of the cost of living in Pakistan, using factual data and statistics to give a clear picture of the expenses one can expect to incur while living in this South Asian nation.

Cost of Living in Pakistan – Overview

Housing

Cost of living in Pakistan is generally affordable in housing sector, though they vary greatly depending on the location and type of accommodation. In major cities like Karachi, Lahore and Islamabad, rent prices can be higher compared to smaller towns and rural areas.

  • Karachi: A one-bedroom apartment in the city center costs around PKR 40,000 to PKR 60,000 per month, while the same apartment outside the city center costs between PKR 20,000 and PKR 35,000.
  • Lahore: The cost for a one-bedroom apartment in the city center ranges from PKR 35,000 to PKR 55,000, and outside the city center, it ranges from PKR 18,000 to PKR 30,000.
  • Islamabad: Here, a one-bedroom apartment in the city center can cost between PKR 40,000 and PKR 70,000, and outside the city center, it ranges from PKR 25,000 to PKR 40,000.

Utilities

Utilities in Pakistan are relatively affordable. Basic utilities such as electricity, heating, cooling, water, and garbage for an 85 square meter apartment cost around PKR 15,000 to PKR 25,000 per month. Internet services are also reasonably priced, with a high-speed internet connection (30 Mbps or more) costing around PKR 2,500 to PKR 4,000 per month.

Food and Groceries

Food expenses can vary widely based on personal preferences and dining habits. Eating out at a local restaurant is relatively inexpensive, with a meal costing around PKR 300 to PKR 600 per person. In mid-range restaurants, there is still low cost of living in Pakistan as a three-course meal for two people can cost around PKR 2,000 to PKR 4,000.

Grocery prices for common items are as follows:

  • Milk (1 liter): PKR 140 – PKR 160
  • Bread (500g loaf): PKR 70 – PKR 100
  • Rice (1 kg): PKR 200 – PKR 400
  • Eggs (dozen): PKR 200 – PKR 250
  • Chicken (1 kg): PKR 400 – PKR 600
  • Apples (1 kg): PKR 200 – PKR 300
  • Potatoes (1 kg): PKR 60 – PKR 100

Transportation

Public transportation in Pakistan is economical. A one-way ticket on local transport costs around PKR 30 to PKR 50. Monthly passes for public transport are available for around PKR 1,500 to PKR 3,000. Taxi fares start at around PKR 250, with each additional kilometer costing around PKR 40 to PKR 50. Fuel prices are also relatively low, with petrol costing approximately PKR 270 per liter.

Education and Healthcare

Education and healthcare expenses can vary depending on the quality and type of services. International schools charge high fees, ranging from PKR 10,000 to PKR 50,000 per month. Public schools and universities offer more affordable options.

Healthcare costs in Pakistan are relatively low. A visit to a general practitioner costs around PKR 1,000 to PKR 3,000, while specialist consultations can cost between PKR 2,000 and PKR 5,000. Hospitalization and major treatments can be more expensive but are still affordable compared to Western standards, considered relatively low cost of living in Pakistan.

Miscellaneous Expenses

Other expenses, such as entertainment and leisure activities, are also reasonably priced. Movie tickets cost around PKR 500 to PKR 1,000. Fitness club memberships range from PKR 3,000 to PKR 7,000 per month.

Conclusion

Overall, there is relatively low cost of living in Pakistan, making it an attractive destination for expatriates, retirees and budget-conscious travellers. While costs can vary based on lifestyle and location, the country provides a wide range of affordable options for housing, food, transportation, education, and healthcare. As with any country, careful budgeting and planning can help individuals and families enjoy a comfortable life in Pakistan.

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