Cost of Living in Monaco vs Ghana comparison

$7,207

Monaco

Explore Monaco, a captivating country with a population of 38,350. Embrace a comfortable lifestyle with an average cost of living at $7207 and a median after-tax salary of $4509.31. Enjoy dining at diverse restaurants for $187, shop for essentials at bustling markets with an average of $105, and entrust your childcare needs to facilities costing approximately $29129annually. Keep your wardrobe fresh with a clothing budget of $617and secure a lovely home for $41545per month. Monaco also offers an attractive average salary of $4509.31. Immerse yourself in the beauty of Monaco, where rich culture meets affordability.

$1,195

Ghana

Discover Ghana, a captivating country with a population of 26,908,262. Experience a comfortable way of life, where the average cost of living stands at $1195, and the median after-tax salary amounts to $214.2. Savor the culinary delights of Ghana at various restaurants for an average of $41, explore bustling markets with essentials priced at around $34, and entrust your childcare needs to facilities costing approximately $3644annually. Keep your wardrobe stylish with a clothing budget of ${cloth_two}, and secure a beautiful home for $2409per month. Ghana also boasts an appealing average salary of $214.2. Immerse yourself in the beauty of Ghana, where affordability and cultural richness converge.

restaurant
$ 187
Restaurants
restaurant
$ 41
Restaurants
store
$ 105
Markets
store
$ 34
Markets
child_friendly
$ 29,129
Childcare
child_friendly
$ 3,644
Childcare
checkroom
$ 617
Clothing
checkroom
$ 75
Clothing
night_shelter
$ 41,545
Rent Per Month
night_shelter
$ 2,409
Rent Per Month
account_balance_wallet
$ 4,509
Salaries
account_balance_wallet
$ 214
Salaries
Monaco VS Ghana
restaurant

Restaurants

Monaco

Ghana

Difference

Meal, Inexpensive Restaurant

28.65 $ 2.88 $ 894 %

Meal for 2 People, Mid-range Restaurant, Three-course

119.38 $ 28.82 $ 314 %

McMeal at McDonalds (or Equivalent Combo Meal)

9.55 $ 5.76 $ 65 %

Domestic Beer (1 pint draught)

6.87 $ 0.72 $ 854 %

Imported Beer (12 oz small bottle)

8.31 $ 1.15 $ 622 %

Cappuccino (regular)

3.98 $ 1.52 $ 161 %

Coke/Pepsi (12 oz small bottle)

5.18 $ 0.61 $ 749 %

Water (12 oz small bottle)

5.81 $ 0.21 $ 2666 %
store

Markets

Monaco

Ghana

Difference

Milk (regular), (1 gallon)

2.15 $ 1.36 $ 58 %

Loaf of Fresh White Bread (1 lb)

2.63 $ 0.74 $ 255 %

Rice (white), (1 lb)

2.75 $ 1.27 $ 116 %

Eggs (regular) (12)

2.84 $ 1.32 $ 115 %

Local Cheese (1 lb)

18.62 $ 7.39 $ 151 %

Chicken Fillets (1 lb)

10.74 $ 3.17 $ 238 %

Beef Round (1 lb) (or Equivalent Back Leg Red Meat)

17.51 $ 3.35 $ 422 %

Apples (1 lb)

2.39 $ 1.85 $ 29 %

Banana (1 lb)

4.46 $ 0.96 $ 364 %

Oranges (1 lb)

2.51 $ 1.05 $ 139 %

Tomato (1 lb)

3.22 $ 1.44 $ 123 %

Potato (1 lb)

2.51 $ 1.55 $ 61 %

Onion (1 lb)

2.55 $ 1.25 $ 103 %

Lettuce (1 head)

1.91 $ 0.7 $ 172 %

Water (1.5 liter bottle)

2.59 $ 0.44 $ 488 %

Bottle of Wine (Mid-Range)

11.46 $ 3.84 $ 198 %

Domestic Beer (0.5 liter bottle)

1.91 $ 0.72 $ 165 %

Imported Beer (12 oz small bottle)

3.1 $ 1.03 $ 200 %

Cigarettes 20 Pack (Marlboro)

9.55 $ 1.1 $ 768 %
commute

Transportation

Monaco

Ghana

Difference

One-way Ticket (Local Transport)

1.91 $ 0.48 $ 297 %

Monthly Pass (Regular Price)

47.75 $ 20.88 $ 128 %

Taxi Start (Normal Tariff)

2.87 $ 0.96 $ 198 %

Taxi 1 mile (Normal Tariff)

-- 0.86 $ --

Taxi 1hour Waiting (Normal Tariff)

57.3 $ 3.36 $ 1605 %

Gasoline (1 gallon)

1.96 $ 0.79 $ 148 %

Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)

23876.86 $ 6676.71 $ 257 %

Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)

24195.21 $ 5658.39 $ 327 %
mark_as_unread

Utilities (Monthly)

Monaco

Ghana

Difference

Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment

199.49 $ 33.78 $ 490 %

1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)

0.03 $ 0.04 $ -25 %

Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)

52.29 $ 39.22 $ 33 %
kitesurfing

Sports And Leisure

Monaco

Ghana

Difference

Fitness Club, Monthly Fee for 1 Adult

399.94 $ 28.94 $ 1281 %

Tennis Court Rent (1 Hour on Weekend)

19.1 $ 6.48 $ 194 %

Cinema, International Release, 1 Seat

11.46 $ 4.8 $ 138 %
child_friendly

Childcare

Monaco

Ghana

Difference

Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child

2387.69 $ 82.86 $ 2781 %

International Primary School, Yearly for 1 Child

26742.08 $ 3561.68 $ 650 %
checkroom

Clothing And Shoes

Monaco

Ghana

Difference

1 Pair of Jeans (Levis 501 Or Similar)

93.12 $ 11.98 $ 677 %

1 Summer Dress in a Chain Store (Zara, H&M, ...)

32.47 $ 9.98 $ 225 %

1 Pair of Nike Running Shoes (Mid-Range)

117.0 $ 25.3 $ 362 %

1 Pair of Men Leather Business Shoes

375.03 $ 28.64 $ 1209 %
night_shelter

Rent Per Month

Monaco

Ghana

Difference

Apartment (1 bedroom) in City Centre

4982.3 $ 539.05 $ 824 %

Apartment (1 bedroom) Outside of Centre

3354.1 $ 57.92 $ 5690 %

Apartment (3 bedrooms) in City Centre

23467.54 $ 1578.53 $ 1386 %

Apartment (3 bedrooms) Outside of Centre

9741.76 $ 233.84 $ 4065 %
home

Buy Apartment Price

Monaco

Ghana

Difference

Price per Square Feet to Buy Apartment in City Centre

76405.94 $ 884.16 $ 8541 %

Price per Square Feet to Buy Apartment Outside of Centre

51454.63 $ 5911.5 $ 770 %
account_balance_wallet

Salaries And Financing

Monaco

Ghana

Difference

Average Monthly Net Salary (After Tax)

4509.31 $ 214.2 $ 2005 %

Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate

1.88 % 24.82 % -92 %