Ghana vs Monaco - Cost of Living Comparison

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Livingcost

Ghana Monaco
🚶 Cost of living one person
$615
$7366
👨‍👩‍👧‍👦 Cost of living Family
$1715
$11533
🏠 One person rent
$218
$6380
🏘️ Family rent
$542
$7892
🍽️ Food expenses
$262
$713
🚐 Transport expenses
$81.9
$58.8
💳 Monthly salary after tax
$202
$6642
💸 GDP per capita
$2238
$241K
😃 Human freedom index
7.19
8.7
❤️ Life expectancy
63.9
89.7
👮 Corruption perceptions index
43
82
🌐 English speaking %
66.7%
40%
🎓 Higher education
68
42
😀 Quality of life
36
86
🏙️ Population
32.8M
38.4K

The average cost of living in Ghana ($615) is 92% less expensive than in Monaco ($7366). Ghana ranked 160th vs 1st for Monaco in the list of the most expensive countries in the world.

The average after-tax salary is enough to cover living expenses for 0.3 months in Ghana compared to 0.9 months in Monaco. Ranked 130th and 21st best countries to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in Ghana vs Monaco infographic

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Prices in Ghana vs Monaco

We calculate prices for Ghana and Monaco as a population-weighted mean of 10 and 2 cities, respectively. Since large cities tend to have a higher cost of living, it's better to visit specific city pages below for more relevant information.

Ghana Monaco
Eating Out
🍱 Lunch Menu
$3.54
$21.8
🥂 Dinner in a Restaurant, for 2
$43.9
$90.2
🥪 Fast food meal, equiv. McDonald's
$5.49
$12.2
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$0.94
$9.21
 Cappuccino
$1.99
$5.33
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$0.59
$4.84
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$367
$6695
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$88.5
$5958
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1082
$6813
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$296
$7685
🔌 Utility Bill one person, electricity, heating, water, etc.
$29.1
$195
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$44.9
$302
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$44.1
$79.4
🏦 Mortgage Interest Rate for 20 Years
24.33%
2.64%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$1608
$80111
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$896
$66091
Transportation
🚌 Local transport ticket
$0.88
$2.16
🎟️ Monthly ticket local transport
$31.1
$28.3
🚕 Taxi Ride, 8 km or 5 mi
$9.86
$21.8
 Gas / Petrol, 1 L or 0.26 gal
$1.05
$2.37
Groceries
🥛 Milk, 1 L or 1 qt
$2.54
$2.18
🍞 Bread, 0.5 kg or 1.1 lb
$1.38
$5.32
🍚 Rice, 1 kg or 2.2 lb
$1.93
$4.03
🥚 Eggs, x12
$2.13
$4.25
🧀 Cheese, 1 kg or 2.2 lb
$6.4
$16.6
🐔 Chicken Breast, 1 kg or 2.2 lb
$4.39
$13.1
🥩 Round Steak, 1 kg or 2.2 lb
$5.14
$16.7
🍏 Apples, 1 kg or 2.2 lb
$2.34
$3.56
🍌 Banana, 1 kg or 2.2 lb
$1.19
$2.78
🍊 Oranges, 1 kg or 2.2 lb
$1.53
$3.37
🍅 Tomato, 1 kg or 2.2 lb
$2.28
$4.1
🥔 Potato, 1 kg or 2.2 lb
$2.22
$2.15
🧅 Onion, 1 kg or 2.2 lb
$1.8
$3.33
🌊 Water, 1 L or 1 qt
$0.33
$1
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$1.37
$3.76
🍾 Wine (mid-priced), 750 mL bottle
$4.51
$14
🍺 Beer, 0.5 L or 16 fl oz
$1.05
$1.87
🚬 Cigarette pack
$1.49
$13.1
💊 Cold medicince, 1 week
$3.83
$17.4
🧴 Hair Shampoo
$2.44
$11
🧻 Toilet paper, 4 rolls
$1.39
$3.36
👄 Toothpaste, 1 tube
$0.99
$5.95
Other
🏋️ Gym Membership, 1 month
$27.6
$84.2
🎫 Cinema Ticket, 1 person
$8.7
$14.6
👩‍⚕️ Doctor's visit
$28.6
$86.5
💇 Haircut, simple
$2.72
$37.5
👖 Brand Jeans
$15.5
$103
👟 Brand Sneakers
$33.2
$192
👶 Daycare or Preschool, 1 month
$59.6
$2163
🏫 International Primary School, 1 year
$6346
$36628

Cost of living in other countries

Cost of living

Cities Comparison in Ghana vs Monaco

More countries to compare

Cost of Living in Popular cities

In Ghana

City Cost of living Population
Accra
$747
2.39M
Tamale
$492
730K
Kumasi
$412
444K
Sekondi-Takoradi
$548
540K
Obuasi
$546
180K
Ashaiman
$546
208K
Tema
$368
162K
Koforidua
$585
127K
Hohoe
$570
56.2K
Ho
$345
83.7K

In Monaco

City Cost of living Population
Monaco City
$7469
38.4K
Monte Carlo
$7107
15.2K