Summary of cost of living in Ghana:
Restaurants | |
Range |
|---|---|---|
| Meal at an Inexpensive Restaurant | ₵67.80 | |
| Meal for Two at a Mid-Range Restaurant (Three Courses, Without Drinks) | ₵500.00 | |
| Combo Meal at McDonald's (or Equivalent Fast-Food Meal) | ₵100.00 | |
| Domestic Draft Beer (1 Pint) | ₵17.54 | |
| Imported Beer (12 oz Small Bottle) | ₵26.00 | |
| Cappuccino (Regular Size) | ₵39.82 | |
| Soft Drink (Coca-Cola or Pepsi, 12 oz Small Bottle) | ₵11.95 | |
| Bottled Water (12 oz) | ₵4.97 | |
Markets | |
|
| Milk (Regular, 1 Liter) | ₵36.15 | |
| Fresh White Bread (1 lb Loaf) | ₵16.47 | |
| White Rice (1 lb) | ₵13.01 | |
| Eggs (12, Large Size) | ₵29.52 | |
| Local Cheese (1 lb) | ₵54.71 | |
| Chicken Fillets (1 lb) | ₵28.07 | |
| Beef Round or Equivalent Back Leg Red Meat (1 lb) | ₵35.19 | |
| Apples (1 lb) | ₵15.35 | |
| Bananas (1 lb) | ₵7.57 | |
| Oranges (1 lb) | ₵8.93 | |
| Tomatoes (1 lb) | ₵14.96 | |
| Potatoes (1 lb) | ₵12.03 | |
| Onions (1 lb) | ₵11.01 | |
| Lettuce (1 Head) | ₵9.24 | |
| Bottled Water (50 oz) | ₵6.72 | |
| Bottle of Wine (Mid-Range) | ₵79.83 | |
| Domestic Beer (16.9 oz Bottle) | ₵13.73 | |
| Imported Beer (12 oz Small Bottle) | ₵28.96 | |
| Cigarettes (Pack of 20, Marlboro) | ₵25.00 | |
Transportation | |
|
| One-Way Ticket (Local Transport) | ₵17.50 | |
| Monthly Public Transport Pass (Regular Price) | ₵465.00 | |
| Taxi Start (Standard Tariff) | ₵18.00 | |
| Taxi 1 mile (Standard Tariff) | ₵24.14 | |
| Taxi 1 Hour Waiting (Standard Tariff) | ₵42.50 | |
| Gasoline (1 Liter) | ₵14.34 | |
| Volkswagen Golf 1.5 (or Equivalent New Compact Car) | ₵90,400.00 | |
| Toyota Corolla Sedan 1.6 (or Equivalent New Mid-Size Car) | ₵115,933.33 | |
Utilities (Monthly) | |
|
| Basic Utilities for 915 Square Feet Apartment (Electricity, Heating, Cooling, Water, Garbage) | ₵772.80 | |
| Mobile Phone Plan (Monthly, with Calls and 10GB+ Data) | ₵218.51 | |
| Broadband Internet (Unlimited Data, 60 Mbps or Higher) | ₵509.39 | |
Sports And Leisure | |
|
| Monthly Fitness Club Membership | ₵447.44 | |
| Tennis Court Rental (1 Hour, Weekend) | ₵183.20 | |
| Cinema Ticket (International Release) | ₵124.30 | |
Childcare | |
|
| Private Full-Day Preschool or Kindergarten, Monthly Fee per Child | ₵4,089.50 | |
| International Primary School, Annual Tuition per Child | ₵173,515.63 | |
Clothing And Shoes | |
|
| Jeans (Levi's 501 or Similar) | ₵174.70 | |
| Summer Dress in a Chain Store (e.g. Zara or H&M) | ₵224.75 | |
| Nike Running Shoes (Mid-Range) | ₵473.70 | |
| Men's Leather Business Shoes | ₵600.68 | |
Rent Per Month | |
|
| 1 Bedroom Apartment in City Centre | ₵6,174.39 | |
| 1 Bedroom Apartment Outside of City Centre | ₵3,292.27 | |
| 3 Bedroom Apartment in City Centre | ₵12,733.05 | |
| 3 Bedroom Apartment Outside of City Centre | ₵4,709.65 | |
Buy Apartment Price | |
|
| Price per Square Feet to Buy Apartment in City Centre | ₵3,369.45 | |
| Price per Square Feet to Buy Apartment Outside of Centre | ₵1,822.97 | |
Salaries And Financing | |
|
| Average Monthly Net Salary (After Tax) | ₵2,720.42 | |
| Annual Mortgage Interest Rate (20-Year Fixed, in %) | 28.26 | |
Sources and References
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