Cost of Life - Iran-Rental (real estate brokerage in Tehran - Exclusively for expats)
Cost of Life

Cost of Living in Iran

Expats moving to Iran will find the cost of living fairly low. According to the Mercer Cost of Living Survey 2015, the Iranian capital was ranked 203 out of 230 countries.

The biggest expense for most people will be housing. Another major cost that expats with children will need to consider is the cost of international school fees, which are very high. Transportation is generally fairly cheap, as are many other everyday expenses.

 

Cost of accommodation

While housing prices have risen significantly in Iran over the past few years, they still remain cheaper than expats would find elsewhere in the Middle East. The cost of a one-bedroom apartment in a decent expat area of Tehran would cost approximately 35-60 million IRR per month and a three-bedroom place would set an expat back between 70-130 million IRR per month. The standard of accommodation in Iran is generally very good.

Wherever possible expats should liaise with their employer to negotiate an accommodation allowance or to see whether the company has any relationships with landlords or agents which can assist expats in finding cheaper housing.

Additional costs to bear in mind when renting property in Iran include electricity, a telephone line and Internet. The average cost of  basic utilities will be approximately 1.5 million IRR for a small family.

 

Cost of eating out and entertainment

Much of an expat’s lifestyle expenses will depend on individual choices. An average fast food meal will cost around 200,000 IRR and a three-course dinner in a restaurant will set one back approximately 1.5 million IRR for two people. A cinema ticket costs about 120,000 IRR.

Generally, the cost of everyday groceries are fairly cheap, so expats who opt to cook at home will save a fair amount of money.

 

Cost of transportation in Iran

The cost of travelling around in Iran is generally inexpensive. Public transport is very affordable, but most expats opt to use taxis or hire a private driver to take them around. An 8 km (5 mile) taxi trip costs around 150,000 IRR in Tehran.

The cost of buying, or even hiring, a car in Iran is fairly expensive in Iran. However, maintaining a vehicle is fairly cheap as is the price of fuel which is approximately 10,000 IRR per liter.

 

Cost of healthcare in Iran

The standard of healthcare in Iran varies. Generally the medical services in all major towns will be good and doctors will be well-trained. However, most expats tend to choose to have private hospitals which offer a higher standard of facilities and faster treatment. It is very important that expats ensure that they have a fully comprehensive international health insurance policy – in most cases this will be arranged by the employers.

 

Cost of education

Expats relocating to Iran with children will need to factor the cost of schooling into their budget. Most expats send their children to one of the international schools in Iran. Facilities and standards of teaching at these schools tend to be excellent with plenty of opportunities for extracurricular activities.

Fees vary according to the age of the child and the school itself. Because fees fluctuate regularly expats should contact the school directly to make enquiries.

Parents should note that fees usually don’t include the cost of uniforms, text books and school excursions, so these will also need to be accounted for. Luckily for most expats, companies relocating expats to Iran usually offer some sort of allowance for children’s school fees.

 

Cost of Living in Iran chart 

Prices may vary depending on product and service provider. The list below shows average prices for Tehran in June 2017.

 

 

 

Accommodation (monthly rent in good area of Tehran)  
Furnished one-bedroom apartment IRR 68,000,000 ≈  1813  USD
Unfurnished one-bedroom apartment IRR 40,000,000 ≈  1066  USD
Furnished three-bedroom house + Swimming pool IRR 130,000,00 ≈  3466  USD
Unfurnished three-bedroom house IRR 75,000,000 ≈  2000  USD
 

Shopping

 
Eggs (dozen) IRR 50,000 ≈  1.33  USD
Milk (1 liter) IRR 24,000 ≈   0.65  USD
Rice (1kg) IRR 100,000 ≈  2.66  USD
Loaf of white bread IRR 12,000 ≈  0.3  USD
Chicken breasts (1kg) IRR 85,000 ≈  2.26  USD
Pack of cigarettes (Marlboro) IRR 95,000 ≈  2.53  USD
 

Eating out (in big cities)

 
Big Mac Meal IRR 200,000 ≈  5.33  USD
Economy Meal in Restaurant IRR 150,000 ≈   4   USD
Three-course meal for two at a mid-range restaurant IRR 1,000,000 ≈ 26,6  USD
Three-course meal for two at a high-range restaurant IRR 1,500,000 ≈  40  USD
Three-course meal for each at a super luxury restaurant IRR 3,000,000 ≈  80  USD
Pizza (Double) IRR 300,000 ≈  8  USD
Coca-Cola (330ml) IRR 20,000 ≈  0.53  USD
Cappuccino IRR 100,000 ≈  2.66  USD
Bottle of beer (Non-Alcoholic) IRR 30,000 ≈  0.8  USD
 

Utilities

 
Mobile to mobile call rate (per minute) IRR 750 ≈  0.02  USD
Internet (uncapped ADSL or cable – average per month) IRR 1,000,000 ≈  26.66  USD
Basic utilities (per month for small apartment) IRR 1,500,00 ≈  40  USD
 

Transportation

 
Taxi rate (per kilometer) IRR 40,000 ≈  1.05  USD
Snapp Taxi (per kilometer in traffic’s peak time) IRR 20,000 ≈ 0.5  USD
Snapp Taxi (per kilometer out of traffic’s peak time) IRR 10,000 ≈  0.25 USD
Monthly bus/train ticket in the city center IRR 300,000 ≈  8  USD
Petrol/Gasoline (per liter) IRR 10,000 ≈  2.66  USD

 

 

The source to confirmation of this section’s contents is:

“http://www.expatarrivals.com/iran/cost-of-living-in-iran “

<<Edited by Iran-Rental>>

 

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Cost of Life - Iran-Rental (real estate brokerage in Tehran - Exclusively for expats)