Cost of living comparison
Accra is 65.7% cheaper than Monaco.
- Restaurants
-
pay 74.3% less in Accra
- Groceries
-
pay 29.7% less in Accra
- Transportation
-
pay 34.3% less in Accra
- Housing
-
pay 75.2% less in Accra
- Childcare
-
pay 89.7% less in Accra
- Entertainment and Sports
-
pay 70.6% less in Accra
- Clothing
-
pay 86.1% less in Accra
Expenses including childcare, clothing, housing, restaurants, entertainment and sports, and transportation are lower in Accra.
If you lived in Accra instead of Monaco, you would:
pay 74.3% less for restaurants
|
Monaco
|
Accra
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$20.90
€19.29
|
$4.82
GHS74.73
|
|
|
Fast food combo meal
McDonalds, or similar
|
$12.33
€11.38
|
$7.37
GHS114.45
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$4.67
€4.31
|
$0.74
GHS11.51
|
|
| Bottle of water (11 fl. oz) |
$7.08
€6.54
|
$0.29
GHS4.52
|
|
pay 29.7% less for groceries
|
Monaco
|
Accra
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$6.56
€6.06
|
$1.52
GHS23.61
|
|
| Local cheese (8 oz) |
$8.04
€7.42
|
$3.46
GHS53.67
|
|
| Milk (1 gallon) |
$7.10
€6.55
|
$11.31
GHS175.46
|
|
|
Eggs
1 dozen
|
$3.56
€3.28
|
$2.28
GHS35.46
|
|
| Boneless chicken breast (1 lb) |
$4.76
€4.39
|
$2.18
GHS33.78
|
|
| Apples (1 lb) |
$2.07
€1.91
|
$1.27
GHS19.77
|
|
| Bananas (1 lb) |
$1.22
€1.12
|
$0.59
GHS9.21
|
|
| Oranges (1 lb) |
$1.22
€1.12
|
$0.81
GHS12.64
|
|
| Tomatoes (1 lb) |
$1.80
€1.66
|
$1.21
GHS18.70
|
|
| Potatoes (1 lb) |
$0.95
€0.87
|
$1.21
GHS18.79
|
|
| Onions (1 lb) |
$1.46
€1.34
|
$0.96
GHS14.94
|
|
pay 34.3% less for transportation
|
Monaco
|
Accra
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.55
€7.89
|
$4.34
GHS67.36
|
|
| Monthly public transit pass |
$23.58
€21.77
|
$32.96
GHS511.56
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$46,276.05
€42,721.63
|
$8,000.00
GHS124,150.78
|
|
| Taxi trip in downtown area (5 miles) |
$20.36
€18.80
|
$11.16
GHS173.23
|
|
pay 75.2% less for housing
|
Monaco
|
Accra
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$61.09
€56.40
|
$44.40
GHS688.99
|
|
| 1-Bedroom apartment in downtown area |
$8,084.96
€7,463.97
|
$627.15
GHS9,732.60
|
|
| 1-Bedroom apartment outside city center |
$6,430.58
€5,936.65
|
$112.15
GHS1,740.48
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$235.04
€216.99
|
$39.69
GHS615.87
|
|
pay 89.7% less for childcare
|
Monaco
|
Accra
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$2,089.94
€1,929.41
|
$57.02
GHS884.82
|
|
| Middle school for 1 child, two semesters |
$42,736.55
€39,454.00
|
$7,655.73
GHS118,808.16
|
|
pay 70.6% less for entertainment and sports
|
Monaco
|
Accra
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$8.57
€7.92
|
$1.21
GHS18.70
|
|
| Cappuccino in mid-range area |
$6.62
€6.11
|
$2.75
GHS42.71
|
|
|
Pack of cigarettes
Marlboro or similar
|
$13.40
€12.37
|
$1.57
GHS24.34
|
|
| Monthly membership at local gym |
$515.79
€476.17
|
$36.21
GHS561.89
|
|
| Movie ticket to theater/cinema |
$12.86
€11.87
|
$9.33
GHS144.81
|
|
pay 86.1% less for clothing
|
Monaco
|
Accra
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$174.43
€161.03
|
$14.87
GHS230.84
|
|
|
Regular dress
from H&M or similar store
|
$75.29
€69.51
|
$20.10
GHS311.96
|
|
|
Running shoes
Nike or Adidas
|
$219.18
€202.34
|
$32.71
GHS507.58
|
|
| Men's business shoes (leather) |
$625.91
€577.83
|
$34.57
GHS536.42
|
|
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