Cost of living comparison
Monaco is 10.1 times more expensive than Accra.
If you lived in Monaco instead of Accra, you would:
pay 9.2 times more for restaurants
|
Accra
|
Monaco
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$4.82
GHS76.14
|
$20.90
€20.06
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.37
GHS116.61
|
$12.33
€11.83
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.74
GHS11.72
|
$4.67
€4.49
|
|
| Bottle of water (11 fl. oz) |
$0.29
GHS4.60
|
$7.08
€6.80
|
|
pay 81.4% more for groceries
|
Accra
|
Monaco
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.52
GHS24.06
|
$6.56
€6.30
|
|
| Local cheese (8 oz) |
$3.46
GHS54.69
|
$8.04
€7.72
|
|
| Milk (1 gallon) |
$11.31
GHS178.78
|
$7.10
€6.81
|
|
|
Eggs
1 dozen
|
$2.28
GHS36.13
|
$3.56
€3.42
|
|
| Boneless chicken breast (1 lb) |
$2.18
GHS34.42
|
$4.76
€4.57
|
|
| Apples (1 lb) |
$1.27
GHS20.15
|
$2.07
€1.98
|
|
| Bananas (1 lb) |
$0.59
GHS9.38
|
$1.22
€1.17
|
|
| Oranges (1 lb) |
$0.81
GHS12.88
|
$1.22
€1.17
|
|
| Tomatoes (1 lb) |
$1.21
GHS19.06
|
$1.80
€1.73
|
|
| Potatoes (1 lb) |
$1.21
GHS19.14
|
$0.95
€0.91
|
|
| Onions (1 lb) |
$0.96
GHS15.23
|
$1.46
€1.40
|
|
pay 2.6 times more for transportation
|
Accra
|
Monaco
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.34
GHS68.64
|
$8.55
€8.20
|
|
| Monthly public transit pass |
$32.96
GHS521.24
|
$23.58
€22.63
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$8,000.00
GHS126,500.00
|
$46,276.05
€44,419.32
|
|
| Taxi trip in downtown area (5 miles) |
$11.16
GHS176.51
|
$20.36
€19.55
|
|
pay 19.4 times more for housing
|
Accra
|
Monaco
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$44.40
GHS702.03
|
$61.09
€58.64
|
|
| 1-Bedroom apartment in downtown area |
$627.15
GHS9,916.77
|
$8,084.96
€7,760.57
|
|
| 1-Bedroom apartment outside city center |
$112.15
GHS1,773.41
|
$6,430.58
€6,172.56
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$39.69
GHS627.52
|
$235.04
€225.61
|
|
pay 21.1 times more for childcare
|
Accra
|
Monaco
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$57.02
GHS901.56
|
$2,089.94
€2,006.08
|
|
| Middle school for 1 child, two semesters |
$7,655.73
GHS121,056.28
|
$42,736.55
€41,021.84
|
|
pay 6.7 times more for entertainment and sports
|
Accra
|
Monaco
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.21
GHS19.06
|
$8.57
€8.23
|
|
| Cappuccino in mid-range area |
$2.75
GHS43.52
|
$6.62
€6.35
|
|
|
Pack of cigarettes
Marlboro or similar
|
$1.57
GHS24.80
|
$13.40
€12.86
|
|
| Monthly membership at local gym |
$36.21
GHS572.53
|
$515.79
€495.09
|
|
| Movie ticket to theater/cinema |
$9.33
GHS147.55
|
$12.86
€12.35
|
|
pay 10.1 times more for clothing
|
Accra
|
Monaco
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$14.87
GHS235.21
|
$174.43
€167.43
|
|
|
Regular dress
from H&M or similar store
|
$20.10
GHS317.86
|
$75.29
€72.27
|
|
|
Running shoes
Nike or Adidas
|
$32.71
GHS517.19
|
$219.18
€210.38
|
|
| Men's business shoes (leather) |
$34.57
GHS546.57
|
$625.91
€600.80
|
|
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