Skyline of Bandar Abbas
Cost of Living: 78 550,000

Bandar Abbas, Iran

Bandar Abbas is a major city in Iran with a population of 550,000.

Updated August 11, 2026
Cost of Living 78

Below Average vs Iran Avg (100)

Housing Index 85

Affordable

Median Income ﷼ 85,000,000

Household income

Unemployment 5.0%

Job market health

Bandar Abbas vs Iran Average

Cost of Living
Bandar Abbas: 78
Iran Avg: 100
Housing Index
Bandar Abbas: 85
Iran Avg: 100

Taxes

  • State Income Tax: None
  • Sales Tax: 9.0%

Economy & Jobs

  • Median Income: ﷼ 85,000,000
  • Unemployment: 5.0%
  • Population: 550,000

Climate

  • Sunny Days: 300/year
  • Summer High: 105°F
  • Winter Low: 55°F
  • Farming Zone: USDA Zone 7a

Housing

  • Median Home: ﷼3,800,000,000
  • 1BR Rent: ﷼10000000/mo

Cost of Living

Bandar Abbas's cost of living index is 78 (Iran average = 100).

CategoryBandar AbbasNational AverageDifference
Overall78100-22.0%
Housing85100-15.0%

Data source: Council for Community and Economic Research (C2ER), 2026

Housing Market

MetricValue
Median Home Price﷼3,800,000,000
Median Rent (1BR)﷼10000000/mo
Median Rent (2BR)﷼12,500,000/mo
Price per Sq Ft﷼2,533,333

Data source: Zillow Research, 2026

True Cost of Home Ownership

True Cost of Home Ownership

See what you'll really pay over 30 years

%
$90,000 down
%
%

Utilities

Estimated monthly utility costs for a typical household in Bandar Abbas:

UtilityEstimated Monthly CostNotes
Electricity﷼500000
Heating & CoolingN/AEstimated based on local climate.
Cooling (AC)﷼98Estimated based on local climate and electricity rates
Water﷼200000Includes sewer
Internet (100+ Mbps)﷼500000Broadband average
Garbage / TrashIncluded in taxesMunicipal service (covered by property taxes)
Total Utilities﷼1200098Monthly estimate (including heating & cooling)

Data sources: U.S. Energy Information Administration (EIA) 2024, EPA/AWWA water rate surveys, BroadbandNow

Remote Work Score

Bandar Abbas scores —/100 for remote work readiness:

Cost of Living
78
Rent
﷼10000000
Sunny Days
300
Tax
None
Unemployment
5.0%
Climate
105°F / 55°F
Safety
2.5 homicides/100k
Population
550,000
Internet Speed
15 Mbps

Climate

Bandar Abbas has a varied climate with distinct seasons.

MonthAvg HighAvg LowRainfall
January75°F55°F2.5"
April90°F70°F2.8"
July105°F80°F1.5"
October85°F73°F2.2"
USDA Zone 7a

Mild — wide variety of vegetables, many fruit trees

Natural Hazards

Bandar Abbas faces the following natural hazards:

Heat Wave Extreme Risk

Extreme summer heat in lowland regions.

Earthquake High Risk

Active seismic zone with significant earthquake risk.

Drought High Risk

Frequent droughts in much of the country.

Landslide High Risk

Mountainous region (Zagros, Alborz) with landslides.

Sandstorm High Risk

Frequent sandstorms in southern and eastern regions.

Avalanche High Risk

Zagros and Alborz mountains with avalanches.

Flood Moderate Risk

Flash floods.

Blizzard Moderate Risk

Mountainous regions experience severe winter.

Based on historical records and geographic risk assessment.

Taxes

  • State Income Tax: 0% (None)
  • Sales Tax: 9%
  • Property Tax: ~0.1% of assessed value

Economy & Jobs

Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 5.0%.

Schools & Education

Total Schools

Academic Schedule

School Hours 7:30 AM – 1:00 PM
Academic Year September to June
Term System Semester — Fall (Sep-Jan), Spring (Feb-Jun)
Summer Break June to September (13 weeks)
Winter Break March (2 weeks, Nowruz)
Spring Break Nowruz (Persian New Year) in March (2 weeks)

Nowruz holiday is the longest break after summer. Saturday to Wednesday school week.

Universities & Higher Education

1
Universities
#1938
Top University Rank

Data source: Center for World University Rankings (CWUR) & World Universities Database

Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.

Frequently Asked Questions

What is the cost of living in Bandar Abbas, Iran?

The cost of living index in Bandar Abbas is 78, which is Lower the Iran national average of 100.

How much does it cost to buy a home in Bandar Abbas?

The median home price in Bandar Abbas is ﷼3,800,000,000. The housing index is 85.

What is the average rent for a 1-bedroom apartment?

The average rent for a 1-bedroom apartment in Bandar Abbas is approximately ﷼10000000/mo.

Does Bandar Abbas, Hormozgan have income tax?

Bandar Abbas is in Hormozgan, which has no income tax.

What is the climate like in Bandar Abbas?

Bandar Abbas enjoys approximately 300 sunny days per year. Summer highs reach around 105°F, while winter lows can drop to around 55°F.

Data Sources

  • Cost of Living: Council for Community and Economic Research (C2ER), 2026
  • Housing Data: Zillow Research, 2026
  • Income & Employment: US Census Bureau American Community Survey, 2024
  • Utilities U.S. Energy Information Administration (EIA) 2024, EPA/AWWA water rate surveys, BroadbandNow

Data last updated: August 12, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.