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Living Wage Series - Bangladesh - September 2020 - In BDT, per Month

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You are looking at an archive page of WageIndicator Living Wages. This data is not comparable with recent data provided by WageIndicator. This is due to revised data cleaning procedures adopted by WageIndicator and the impact of the Covid-19 pandemic on the cost of living globally. Moreover, the national data shown does not reflect the regional data that is used for Living Wage implementation.

Interested to implement WageIndicator's Living Wages in your organisation's compensation and benefits, using data that is updated every quarter? Learn about the database options and rates and the countries and regions covered. For academic use, data on Living Wages and the cost of living can be acquired for free.

The Living Wage is based on the concept that work should provide an adequate income to cover the necessary living costs of a family. WageIndicator uses prices from the Cost of Living database that is the biggest data source for cost of living worldwide. The Living Wage is an approximate income needed to meet a family’s basic needs including food, housing, transport, health, education, mandatory deductions and other necessities.

The following table details the expenditure and income needs for the three commonly occurring family household compositions.

Expenditure and Living Wage calculation (monthly rates in BDT)

  Typical family Standard family Single-adult
  from-to from-to from-to
Family size 4.1 4 1
Food expenses 10012-12188 9768-11891 2442-2973
Housing expenses 7260-8490 7260-8490 4830-5410
Transport expenses 1363-1838 1363-1838 682-919
Healthcare expenses 488-628 476-613 119-153
Education expenses 904-1307 861-1245 0
Drinking water expenses 169-211 165-206 41-52
Clothing expenses 521-942 508-919 127-230
Phone tariff (60 minutes) 76-115 76-115 38-58
5% extra expenses 1040-1286 1024-1266 414-490
Total cost of living 21833-27005 21501-26583 8693-10285
Earners per family 1.6 1.8 1
Net Living Wage 13818-17092 11945-14768 8693-10285
Mandatory payroll deductions 0 0 0
Gross Living Wage 13800-17100 12000-14800 8690-10300

Note: For more details see Living Wage FAQ.

 

Living Wages in Context (monthly rates in BDT)

The statutory Minimum Wages are laid down in laws or government regulations and therefore constitutes both a worker's rights and an employer's obligation. By contrast Living Wages are not prescribed by law and can therefore not be legally enforced. Instead, Living Wages provide a benchmark for employers who voluntarily commit to pay wages according to the local living standards.
WageIndicator presents Living Wages jointly with Minimum Wages, aiming to raise awareness concerning the remaining differences in levels. Living Wages are presented in context with other wage indicators. Prevailing wages of workers in low-, medium-, and high-skilled occupations are obtained from the voluntary WageIndicator web survey on work and wages.

  2020
Minimum wage 1500
Living Wage - Single Adult 8690-10300
Living Wage - Typical Family 13800-17100
Real wage of low-skilled worker -
Real wage of medium-skilled worker -
Real wage of high-skilled worker -

Note: Table shows the lowest monthly Minimum Wage in a country, when available. Figures in the table are rounded.

50_Bangladesh

WageIndicator useful links:


WageIndicator Wages in Context Map with the latest updates
All You Always wanted to Know about Living Wages

 

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