Cost of Living in Ghana
Last updated on Jan 05, 2024
Summary: The cost of living in Ghana is generally considered to be quite affordable. A nice 1 bedroom apartment in Ghana can cost anywhere from $400 to $800 per month, while a nice 2 bedroom apartment can cost from $600 to $1,200 per month. The cost of dinner at a moderately priced restaurant in Ghana is usually around $10 to $15 per person.
Is the cost of living in Ghana high?
We asked people how much they someone comfortably live on in Ghana, they wrote:
"The cost of living in Ghana varies depending on the city and lifestyle. Generally, basic necessities such as food, transportation, and housing are relatively inexpensive. However, imported goods and services can be more expensive. Accommodation costs vary depending on the type of accommodation and location. Eating out can be affordable, with meals costing around $2-5 USD. Transportation costs are also relatively low, with public transport costing around $0.50 USD per ride," said one person in Ghana.
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Will I save money living in Ghana?
"Living in Ghana can be significantly cheaper than living in the United States. The cost of living in Ghana is generally lower than in the United States, with the cost of basic necessities such as food, housing, and transportation being much lower. Additionally, the cost of entertainment and leisure activities is also much lower in Ghana than in the United States. As a result, living in Ghana can be a great way to save money compared to living in the United States," remarked one in Ghana.
What is the average cost of housing in Ghana?
If you are thinking about moving to Ghana, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The cost of housing in Ghana varies depending on the location and type of housing. Generally, housing in Ghana is relatively affordable compared to other countries in the region. Prices for rental properties range from low-cost, basic housing to more expensive, luxury apartments. The average cost of housing in Ghana is typically lower than in other countries in the region," remarked one in Ghana.
SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
Click connect to have our partner contact you via e-mail and/or phone.
SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
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What are typical rental prices for expats in Ghana?
"The rental price for a nice 1 bedroom apartment in Ghana can range from $500 to $1,000 per month, while a nice 2 bedroom apartment can range from $800 to $1,500 per month," said one expat.
What appliances are typically included in a rental?
We asked foreigners in Ghana what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:
"In Ghana, rental properties typically include a refrigerator, stove, and washing machine. Other common appliances may include a microwave, air conditioner, and water heater. Depending on the property, some landlords may also provide additional appliances such as a dishwasher, clothes dryer, or water purifier," remarked one expat living in Ghana.
About the Author
Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.
Other Questions:
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- What appliances are typically included in a rental?