cost of living in ghana vs nigeria

GHS Ghana’s population is less than 15% of Nigeria’s, which did not make the list. A single traveler costs: $3,114 per month. Full version In conclusion, Ghana is quite expensive to live in. 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. Exchange rate: CHAPTER ONE. Lagos is 69% cheaper than New York City. Ghana: Currency +/- valuation index. Your use of this service is subject to our 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 … Cost of Living In Nigeria versus Cost of Living In The USA. - 53%. A single traveler costs: $1,549 per month. We provide several metrics to compare the cost of living including cost of groceries, transportation, and more. Copyright © 2009-2020 Numbeo. The world’s largest database, Numbeo, has a vast selection of user-contributed data in regards to Nigeria. 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. @Poster, I know life in Ghana is relatively cheap compared to Nigeria, but an advise from an experienced person would be best. Monthly rent costs: $544 per month. This means that you are less susceptible if you live in Ghana by 54.84%. Coffee costs: $0.39. The Ghanaian government and the Ghana European Railway Consortium (GERC) recently reached a concession agreement for the construction of the line. Clothes in Nigeria is 9% more expensive than in Ghana. 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. / What's Up With Ghana And Nigeria? 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). The percentage of adults living with HIV/AIDS in Ghana is 1.40% while in Nigeria it is 3.10%. A short visit to a doctor costs around N6, 700 in Abuja and N11, 088 in Lagos, although … of prepaid mobile tariff (no discounts or plans), 1 month of gym membership in business district. A single person costs: $1,155 per month. This is a cost of living indicator. © 2009-2020 Expatistan.com, These prices were last updated on November 29, 2020. Cost of living in Nigeria. Unfortunately, in practical terms, this is never been found to be true. Cost of living in Lagos (Nigeria) is 12% more expensive than in Accra (Ghana) For example, you would need at least GH₵24,552 (1,641,000 ₦) in Lagos to maintain the same standard of living that you can have with GH₵22,000 in Accra. 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. Average monthly disposable salary > After tax: Average Monthly Disposable Salary (After Tax). Restaurant Prices in Ghana are 68.47% higher than in Nigeria. The Cost of Living in Lagos is low. 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. / The cost of living in Ghana is higher than new arrivals may expect. In Ghana with Kids. Everywhere, like we say in Ghana, is everywhere and we as citizens of this village should be able to move freely in it. Mobile version The world they say is a global village. Furthermore, a litre of PMS in Nigeria is ₦145 while it’s about 4.16 cedis which is an equivalent of ₦311 per litre! NIGERIANS LIVING IN GHANA. Though at times very dangerous, Nigeria, in general, is one of the better places to be an expat in Africa, only behind Kenya or South Africa. Comparison Btw Cost Of Living In The United State And Nigeria. Ghana’s population is less than 15% of Nigeria’s, which did not make the list. The percentage of adults living with HIV/AIDS in Ghana is 1.40% while in Nigeria it is 3.10%. It is a democratic secular country. 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. These include; Accommodation, food, transportation, utilities, education etc. A family costs: $5,599 per month. Monthly rent costs: $1,231 per month. The tables below provide an over view of the differences in costs between Nigeria and the UK. Terms of Use and 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. The Cost of Living in Accra is average. CARS R TOO DAMN EXPENSIVE IN GHANA WHEN COMPARED WITH NIGERIA. A more Powerful currency doesn’t always mean a better standard of living. 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. 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. 5 years ago. Spread the love11 11Shares Just like Nigeria, Ghana will be having a standard gauge railway line. By Nene Azu . Rent Prices in Ghana are 35.52% lower than in Nigeria. / Nigeria Should Follow Ghana's And Brazil's Path. 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. Ghana vs. Nigeria; Cost of living; Definitions. 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. This entry gives an estimate of the percentage of adults (aged 15-49) living with HIV/AIDS. Breakdown of prices in Lagos, Nigeria for housing, food, transportation, going out for December 2020. 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. 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.) 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. 11,600 people in Ghana and 239,700 people in Nigeria die from AIDS each year. COST OF DOING BUSINESS IN NIGERIA AND GHANA: A COMPARATIVE ANALYSIS. INTRODUCTION. In summery, Ghana will need some years of hard work to match nigeria. In fact, the country is bordered by Niger in the north, Chad in the northeast, Cameroon in the east, and Benin in the west. It is the Federal Republic of Nigeria in West Africa. Ghana’s population is less than 15% of Nigeria’s, which did not make the list. Privacy Policy, Copyright © 2009-2020 Numbeo. Cost of Living in Nigeria: Personal care Sometimes, the body breaks down and requires medical attention and you want to be ready for such unforeseen occurrences. Cost Of Living Comparison Between Nigeria And Ghana. 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), … 11,600 people in Ghana and 239,700 people in Nigeria die from AIDS each year. The Consul-General of Ghana in Lagos, Mr. Maxwell Awiaya, on Wednesday, disclosed that there are about 500,000 Ghanaians currently living in different Nigerian cities and communities. Goodluck! Currency: 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. 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 […] Places to exprole in Ghana and our family activites on leisure time! Accra is 40% cheaper than New York City. Lagos ranks 18th out of 209 cities in Mercer's 2020 Cost of Living Survey – making it marginally more expensive than London. A family costs: $1,837 per month. 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. Living, C., & Ghana, N. (2018). Moreover, the cost of living in the country is cheaper than in other developed countries. 1 summer dress in a high street store (zara, h&m or similar retailers) 10,356 ₦ (GH₵154) GH₵112. Abuja ranks 68th, placing it higher than the likes of Helsinki. Local Purchasing Power in Ghana is 50.91% higher than in Nigeria. 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. A single person costs: $2,225 per month. Accommodation in Ghana is particularly … + 37%. Coffee costs: $4.00. 0.01542 Cost of living in Ghana compared to Nigeria. The railway line, which will run on a 340km track, will cost Ghana $2.2 billion. Under the project, GERC […] Travelling tips for those who travel with infants and toddlers. 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. ), 1 min. Your use of this service is subject to our, Quality of Life Comparison Nigeria vs Ghana, Property Prices Comparison Nigeria vs Ghana, Meal for 2 People, Mid-range Restaurant, Three-course, McMeal at McDonalds (or Equivalent Combo Meal), Beef Round (1 lb) (or Equivalent Back Leg Red Meat), Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car), Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car), Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment, 1 min. Cost of Living in Nigeria Nigeria is a country in equatorial West Africa, and the continent’s most populous nation. Blog about Estonian-Palestinan family living in Ghana and raising children. Breakdown of prices in Accra, Ghana for housing, food, transportation, going out for December 2020. 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