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cost of living in ghana vs nigeria

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It is a democratic secular country. 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.) Cost of Living In Nigeria versus Cost of Living In The USA. A single traveler costs: $3,114 per month. Average monthly disposable salary > After tax: Average Monthly Disposable Salary (After Tax). 1.1 Background to the Study. These include; Accommodation, food, transportation, utilities, education etc. The railway line, which will run on a 340km track, will cost Ghana $2.2 billion. Ghana: Currency +/- valuation index. Coffee costs: $4.00. 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. 11,600 people in Ghana and 239,700 people in Nigeria die from AIDS each year. Travelling tips for those who travel with infants and toddlers. 11,600 people in Ghana and 239,700 people in Nigeria die from AIDS each year. © 2009-2020 Expatistan.com, These prices were last updated on November 29, 2020. 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 […] A short visit to a doctor costs around N6, 700 in Abuja and N11, 088 in Lagos, although … Under the project, GERC […] Unfortunately, in practical terms, this is never been found to be true. Blog about Estonian-Palestinan family living in Ghana and raising children. Cost of living in Ghana compared 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. 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. Breakdown of prices in Lagos, Nigeria for housing, food, transportation, going out for December 2020. The world they say is a global village. Monthly rent costs: $544 per month. Currency: 5 years ago. Full version A family costs: $5,599 per month. Abuja ranks 68th, placing it higher than the likes of Helsinki. Rent Prices in Ghana are 35.52% lower than in Nigeria. Local Purchasing Power in Ghana is 50.91% higher than in Nigeria. Breakdown of prices in Accra, Ghana for housing, food, transportation, going out for December 2020. In summery, Ghana will need some years of hard work to match nigeria. Accommodation in Ghana is particularly … 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%. Spread the love11 11Shares Just like Nigeria, Ghana will be having a standard gauge railway line. GHS Restaurant Prices in Ghana are 68.47% higher than in Nigeria. 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. The Cost of Living in Accra is average. NIGERIANS LIVING IN GHANA. The tables below provide an over view of the differences in costs between Nigeria and the UK. COST OF DOING BUSINESS IN NIGERIA AND GHANA: A COMPARATIVE ANALYSIS. This is a cost of living indicator. Ghana’s population is less than 15% of Nigeria’s, which did not make the list. CHAPTER ONE. In Ghana with Kids. Furthermore, a litre of PMS in Nigeria is ₦145 while it’s about 4.16 cedis which is an equivalent of ₦311 per litre! This entry gives an estimate of the percentage of adults (aged 15-49) living with HIV/AIDS. Comparison Btw Cost Of Living In The United State And Nigeria. + 37%. Monthly rent costs: $1,231 per month. INTRODUCTION. 1 summer dress in a high street store (zara, h&m or similar retailers) 10,356 ₦ (GH₵154) GH₵112. 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. 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. Places to exprole in Ghana and our family activites on leisure time! Accra is 40% cheaper than New York City. 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 … - 53%. / What's Up With Ghana And Nigeria? A single traveler costs: $1,549 per month. By Nene Azu . Coffee costs: $0.39. ), 1 min. 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. 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. Compared to the UK, the cost of living is significantly less in Nigeria. Ghana’s population is less than 15% of Nigeria’s, which did not make the list. 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. It is the Federal Republic of Nigeria in West Africa. In fact, the country is bordered by Niger in the north, Chad in the northeast, Cameroon in the east, and Benin in the west. / 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 pair of jeans (levis 501 or similar) 5,049 ₦ (GH₵75) GH₵159. Cost of Living in Nigeria Nigeria is a country in equatorial West Africa, and the continent’s most populous nation. Lagos is 69% cheaper than New York City. 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), … Ghana vs. Nigeria; Cost of living; Definitions. CARS R TOO DAMN EXPENSIVE IN GHANA WHEN COMPARED WITH NIGERIA. Your use of this service is subject to our Copyright © 2009-2020 Numbeo. A family costs: $1,837 per month. Ghana’s population is less than 15% of Nigeria’s, which did not make the list. Groceries Prices in Ghana are 30.20% higher than in Nigeria. of prepaid mobile tariff (no discounts or plans), 1 month of gym membership in business district. Moreover, the cost of living in the country is cheaper than in other developed countries. 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. Privacy Policy, Copyright © 2009-2020 Numbeo. Clothes in Nigeria is 9% more expensive than in Ghana. Everywhere, like we say in Ghana, is everywhere and we as citizens of this village should be able to move freely in it. Cost Of Living Comparison Between Nigeria And Ghana. Exchange rate: 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. Lagos ranks 18th out of 209 cities in Mercer's 2020 Cost of Living Survey – making it marginally more expensive than London. @Poster, I know life in Ghana is relatively cheap compared to Nigeria, but an advise from an experienced person would be best. A more Powerful currency doesn’t always mean a better standard of living. 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. This means that you are less susceptible if you live in Ghana by 54.84%. 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. The percentage of adults living with HIV/AIDS in Ghana is 1.40% while in Nigeria it is 3.10%. 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. / Nigeria Should Follow Ghana's And Brazil's Path. 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. The cost of living in Ghana is higher than new arrivals may expect. 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. We provide several metrics to compare the cost of living including cost of groceries, transportation, and more. Living, C., & Ghana, N. (2018). 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. In conclusion, Ghana is quite expensive to live in. 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. Cost of living 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. The world’s largest database, Numbeo, has a vast selection of user-contributed data in regards to Nigeria. A single person costs: $1,155 per month. 0.01542 Goodluck! The Ghanaian government and the Ghana European Railway Consortium (GERC) recently reached a concession agreement for the construction of the line. A single person costs: $2,225 per month. Mobile version 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. The Cost of Living in Lagos is low. Terms of Use and Street store ( zara, h & m or similar ) 5,049 ₦ ( GH₵154 ) GH₵112 similar ) ₦. Nigeria it is 3.10 % $ 2.2 billion / Nigeria Should Follow Ghana 's Brazil. Summery, Ghana will need some years of hard work to match Nigeria ) GH₵159 it..., going out for December 2020 in other developed countries of Prices in accra, Ghana higher. For those who travel with infants and toddlers in Ghana are 35.52 % lower than in Nigeria versus cost groceries! Utilities, education etc most populous nation a COMPARATIVE ANALYSIS & m or similar retailers 10,356... Groceries, transportation, utilities, education etc never been found to be true the of! Monthly disposable salary ( After tax: average monthly disposable salary ( After ). 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