A Cost of Living in Ghana(2024): A complete Guide

By GDAAR Foundation

Dreaming of a trip to Ghana? Whether you’re tracing your ancestral roots or simply seeking a vibrant cultural experience, understanding the cost of living in Ghana is crucial for planning a budget-friendly trip. Don’t fear! GDAAR Foundation is here to guide you the proper information on the Cost of Living in Ghana.

General Snapshot

• Lower than the US: Compared to the United States, Ghana boasts a significantly lower cost of living, with an average 64.8% reduction. This translates to significant savings across various expenses.
• Location Matters: Remember, costs can vary depending on your chosen location. Urban areas like Accra tend to be pricier than rural regions.

Breaking it Down:

_{Accommodation: Cost of Living in Ghana}

Accommodation is one of the major cost of any country. So, travellers must have calculated Living cost in Ghana if the budget is very tight. Thankfully, it is very low cost compared to the developed countries.

• Rent: Apartments range from $81.99 (outside city centre) to $1,202.55 (city centre) for a 3-bedroom apartment. Hostels and budget hotels offer even lower options.
• Utilities: Expect to pay around $39.31 per month for basic utilities in an 85m2 apartment.

Also Read

• Ghana’s Education System and Challenges: A Brief Overview
• Beyond The Return Challenges
• Asante People Reclaims More Than Artefacts in Sagrenti War Reparations
• Affordable Accommodation Now Available for Visiting Members in Accra!

Food Cost in Ghana

• Local Markets: Embrace the vibrant markets for groceries. Expect to pay $2.01 for a liter of milk, $1.67 for a kilo of rice, and $3.73 for a kilo of chicken fillets.
• Restaurants: Ranging from budget-friendly eateries to upscale establishments, costs vary greatly. A meal at an inexpensive restaurant can be as low as $3.23, while a mid-range meal for two can cost around $40.

Transportation Cost

• Public Transport: One-way tickets cost around $0.56, while a monthly pass is $28.63. Taxis are also readily available, with fares starting at $1.21 for the initial charge.
• Fuel: Gasoline costs around $1.08 per liter.

Other Expenses:

• Mobile Data: Stay connected with a monthly plan offering calls and 10GB+ data for around $10.19.
• Internet: Enjoy high-speed internet (60 Mbps+) with unlimited data for around $39.12 per month.
• Entertainment: Catch a movie for $6.45 or join a gym for $28.43 per month.

We hope that you got a piece of very basic information on the Cost of Living in Ghana.

Remember:

• Currency: Prices are listed in USD for convenience.
• Self-Catering: Cooking your own meals can significantly reduce food costs.
• Bargaining: Don’t be afraid to bargain at markets and with some taxi drivers.
• Research: Explore specific locations and activities for more tailored cost estimates.

With careful planning and budgeting, you can experience the wonders of Ghana without breaking the bank. The GDAAR Foundation encourages you to embrace the Ghanaian spirit and embark on a memorable journey!

Additional Resource:

• GDAAR Foundation website is rellay an important website to guide you with information of the Cost of Living in Ghana and other relevant information. You can visit it at: Ghana Diaspora