Budget for a Trip to Sharm el-Sheikh: How Much Money Do You Need?

The charm of the destination spans all price ranges—from budget hostels and street food to five-star resorts offering daily diving. Let’s break down what makes up your budget and how to plan it.

The charm of the destination spans all price ranges—from budget hostels and street food to five-star resorts with daily diving. Let’s break down what makes up your budget and how to plan it.

Table of Contents

  • A Rough Guide: How Much Does the Trip Cost?
  • What Makes Up the Budget
  • Budget by Comfort Level
  • How to Save Money
  • Money Tips
  • FAQ

Guideline: How Much Does a Trip Cost?

The average tourist spends about $98 per day in Sharm el-Sheikh. A budget option costs about $34 per day, a comfortable one $138, and a luxury one $286 and up. A two-week trip for one person, including lodging, food, and transportation, costs an average of ~$1,366, not including airfare.

A piggy bank for saving money for a trip

What Makes Up the Budget: A Breakdown by Category

  • Accommodations. Hostel—$18–30 per night, 3-star hotel—$30–44 per night, 4-star–5-star resort—$86 and up. With “all-inclusive” packages, meals are included in the price—keep this in mind when comparing options.
  • Food. Lunch or dinner at a café in the Old Market — $4–6; a mid-range restaurant — $15–25 for two; street food (falafel, koshari) — $1–2.
  • Transportation. Taxis within the city — $3–8 per ride; taxi from the airport to Naama Bay — about $10–15; car rental — starting at $30/day.
  • Activities. Snorkeling tour — $40–70; full-day diving tour — $60–85; beach day pass — $10–25; excursion to Ras Muhammad — $30–50.
A Beach in Egypt, a Resort Vacation

Budget by Comfort Level

LevelAccommodation/nightFood/dayActivities
Economy$18–30 (hostel)$10–15 (market, street food)Shore snorkeling, hiking
Mid-range$30–60 (3★)$25–40 (cafes + 1 restaurant)1 excursion per day
Comfort$86+ (4★–5★)$60+ (restaurants)Diving, evening tours

How to save money and when to travel on a budget

  • In the summer (June–August), hotel prices are 20–30% lower due to the heat: there are fewer tourists, so hotels lower their rates. For those who aren’t afraid of +40°C and plan to dive or snorkel before 10 a.m. and after 5 p.m., this is a great option.
  • Eat at the Old Market and in cafes serving local food—it’s 3–4 times cheaper there than at tourist restaurants in Naama Bay.
  • Book tours with several operators and compare prices—there’s a significant range.
  • Snorkeling is free at several spots right off the shore (Ras Um Sid)—renting a mask and fins will cost $5–10.
  • A tourist pass or a package of several excursions from a single operator is usually cheaper than booking each one separately.

An important note on exchange rates: the Egyptian pound is volatile—its exchange rate against the dollar has fluctuated significantly over the past few years. It’s best to check prices in EGP right before your trip.

Money Tips

  • The main currency is the Egyptian pound (EGP); U.S. dollars and euros are also accepted in many tourist areas.
  • ATMs charge a fee; currency exchange booths at the airport offer the worst exchange rate. Exchange currency at central banks or exchange offices in the city.
  • Always agree on a price with taxi drivers before the ride—there are no meters.
  • Tipping is expected everywhere: 10–15% at restaurants, and a small amount for service staff.

FAQ

How much money should you bring for a week in Sharm el-Sheikh?

Budget: about $250–300; moderate: $700–900; comfortable: $1,500+ (excluding airfare).

When is the cheapest time of year to visit?

Summer (June–August) is the low tourist season due to the heat, so hotels are significantly cheaper.

Can you pay by card?

At hotels and large restaurants—yes. At the market and in taxis—cash only.

Do you need to tip?

Yes, tipping is expected in Egypt: 10–15% at restaurants, and $3–5 per person for tour guides and drivers on excursions.

Is it worth booking an “all-inclusive” tour?

If you plan to eat and drink a lot at the hotel—yes, it’ll be cheaper. If you want to actively explore the city and eat at different places—it’s better to skip the all-inclusive option.


tripmydream - travel service, that helps to find compare and buy best flights and rooms worldwide with the given budget. All necessary information for travelers - is right here!