Ghana's capital city, Accra, ranked as the 63rd most expensive expat destination out of the 209 cities analysed in the 2019 Mercer Cost of Living Survey. A family costs: $1,837 per month. The Cost of Living in Accra is average. Cost of living in Ghana compared to Nigeria. Lagos is 69% cheaper than New York City. Total cost of living in Kumasi for two person with average consumption for one month will be $ 564.31 vs $ 711.64 in Lagos, no rent price included. + 37%. Cost of Living Estimate in Takoradi vs in Ibadan You can calculate cost of living by changing quantity using input near each good or service. Having a smaller population than some of Africa’s most prosperous nations along with a higher GDP than potential competitor, Nigeria, likely drives up Ghana’s cost of living in comparison with larger populations. 1.1 Background to the Study. Blog about Estonian-Palestinan family living in Ghana and raising children. of prepaid mobile tariff (no discounts or plans), 1 month of gym membership in business district. The world they say is a global village. Cost of Living in Ghana Select city in Ghana: --- Select city--- Accra Ashaiman Begoro Cape Coast Elmina Gbawe Koforidua Kumasi Lawra Nungua Takoradi Tamale Tema Tongo Winneba Cost of living in Ghana is 43.15% lower than in United States (aggregate data for all … Average monthly disposable salary > After tax: Average Monthly Disposable Salary (After Tax).Based on 0-50 contributions for Afghanistan, Aland Islands, Andorra and 81 more countries and 50-100 contributions for Albania, Algeria, Armenia and 19 more countries and over 100 contributions for Argentina, Australia, Austria and 82 more countries. This is a cost of living indicator. The Cost of living in Ghana compared to Nigeria shows that in Ghana sometimes you would pay 719 GHS (50,446 NGN) more than the Nigeria same items. 11,600 people in Ghana and 239,700 people in Nigeria die from AIDS each year. CARS R TOO DAMN EXPENSIVE IN GHANA WHEN COMPARED WITH NIGERIA. A short visit to a doctor costs around N6, 700 in Abuja and N11, 088 in Lagos, although … Furthermore, a litre of PMS in Nigeria is ₦145 while it’s about 4.16 cedis which is an equivalent of ₦311 per litre! NGN, Basic lunchtime menu (including a drink) in the business district, Combo meal in fast food restaurant (big mac meal or similar), 500 gr (1 lb.) Currency: Breakdown of prices in Lagos, Nigeria for housing, food, transportation, going out for December 2020. The cost of living for expatriates in Nigeria as at October 2020 is low in comparison to other places in the world, with an overall Cost of Living Index (COLI), … Living, C., & Ghana, N. (2018). The world’s largest database, Numbeo, has a vast selection of user-contributed data in regards to Nigeria. CHAPTER ONE. @Poster, I know life in Ghana is relatively cheap compared to Nigeria, but an advise from an experienced person would be best. The tables below provide an over view of the differences in costs between Nigeria and the UK. The percentage of adults living with HIV/AIDS in Ghana is 1.40% while in Nigeria it is 3.10%. A single traveler costs: $3,114 per month. The Ghanaian government and the Ghana European Railway Consortium (GERC) recently reached a concession agreement for the construction of the line. Accra is 40% cheaper than New York City. Ghana’s population is less than 15% of Nigeria’s, which did not make the list. 1 summer dress in a high street store (zara, h&m or similar retailers) 10,356 ₦ (GH₵154) GH₵112. In summery, Ghana will need some years of hard work to match nigeria. Cost of Living Estimate in Kumasi vs in Lagos You can calculate cost of living by changing quantity using input near each good or service. It is the Federal Republic of Nigeria in West Africa. 1 pair of jeans (levis 501 or similar) 5,049 ₦ (GH₵75) GH₵159. Compared to the UK, the cost of living is significantly less in Nigeria. Accommodation in Ghana is particularly … Having a smaller population than some of Africa’s most prosperous nations along with a higher GDP than potential competitor, Nigeria, likely drives up Ghana’s cost of living in comparison with larger populations. Terms of Use and of Prepaid Mobile Tariff Local (No Discounts or Plans), Internet (60 Mbps or More, Unlimited Data, Cable/ADSL), Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child, International Primary School, Yearly for 1 Child, 1 Summer Dress in a Chain Store (Zara, H&M, ...), Price per Square Feet to Buy Apartment in City Centre, Price per Square Feet to Buy Apartment Outside of Centre, Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate. In Ghana with Kids. 11,600 people in Ghana and 239,700 people in Nigeria die from AIDS each year. Monthly rent costs: $544 per month. © 2009-2020 Expatistan.com, These prices were last updated on November 29, 2020. Privacy Policy, Copyright © 2009-2020 Numbeo. Places to exprole in Ghana and our family activites on leisure time! Breakdown of prices in Accra, Ghana for housing, food, transportation, going out for December 2020. Cost Of Living Comparison Between Nigeria And Ghana. Unfortunately, in practical terms, this is never been found to be true. It is a democratic secular country. Lagos ranks 18th out of 209 cities in Mercer's 2020 Cost of Living Survey – making it marginally more expensive than London. Cost of Living In Nigeria versus Cost of Living In The USA. Cost of living in Nigeria. Restaurant Prices in Ghana are 68.47% higher than in Nigeria. This means that you are less susceptible if you live in Ghana by 54.84%. Monthly rent costs: $1,231 per month. The Cost of living in Nigeria compared to Ghana shows that in Nigeria sometimes you would SAVE 50,446 NGN (719 GHS) for the Ghana same items. Even though demand and supply are the basic factors in business and that determine the flow and tone of a business proposal, some other factors can hinder the execution of a particular business, at a particular time and at a particular place. Copyright © 2009-2020 Numbeo. Ghana: Currency +/- valuation index. Spread the love11 11Shares Just like Nigeria, Ghana will be having a standard gauge railway line. ), 1 min. Moreover, the cost of living in the country is cheaper than in other developed countries. of boneless chicken breast, 0.5 l (16 oz) domestic beer in the supermarket, Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area, Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area, Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat, Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area, Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area, Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio, Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands), 1 summer dress in a high street store (zara, h&m or similar retailers), 1 pair of sport shoes (nike, adidas, or equivalent brands), Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new, Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands), Short visit to private doctor (15 minutes), Standard men's haircut in expat area of the city, Basic dinner out for two in neighborhood pub, 2 tickets to the theater (best available seats), Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert, 1 beer in neighbourhood pub (500ml or 1pt. Having a smaller population than some of Africa’s most prosperous nations along with a higher GDP than potential competitor, Nigeria, likely drives up Ghana’s cost of living in comparison with larger populations. Travelling tips for those who travel with infants and toddlers. Average monthly disposable salary > After tax: Average Monthly Disposable Salary (After Tax). Total cost of living in Takoradi for two person with average consumption for one month will be $ 557.75 vs $ 456.2 in Ibadan, no rent price included. Rent Prices in Ghana are 35.52% lower than in Nigeria. June 5, 2015 – “Nigerians, Stop Coming To Ghana, They Don’t Like You Here, They Will Jail You For 150 Years” – Nigerian Living In Ghana Cries Out Nigerian Resident In Ghana Exposed How Police Are Secretly Arresting & Jailing Innocent Nigerians Here is a message NaijaGists.com received from a Nigerian resident in Ghana NaijaGists, Please […] INTRODUCTION. / Nigeria Should Follow Ghana's And Brazil's Path. Ghana’s population is less than 15% of Nigeria’s, which did not make the list. Groceries Prices in Ghana are 30.20% higher than in Nigeria. It cost me $5,000 USD to clear a jeep in ghana last yr eventhough i got my car within 3 weeks, but d same jeep cost me $3,000 to clear in Lagos though it took 5 weeks to reach my hand bc of port congesion. These include; Accommodation, food, transportation, utilities, education etc. We provide several metrics to compare the cost of living including cost of groceries, transportation, and more. For one to arrive at a constructive and valid comparison of the cost of living in Nigeria and the United States, some basic factors need to be taken into cognizance. COST OF DOING BUSINESS IN NIGERIA AND GHANA: A COMPARATIVE ANALYSIS. The figure shows how much how much a bundle of goods and services costing US$1 in the US would cost in other countries (similar to The Economist's Big Mac Index). / - 53%. In conclusion, Ghana is quite expensive to live in. 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