Cost of living comparison
Monaco is 11.6 times more expensive than Accra.
If you lived in Monaco instead of Accra, you would:
pay 11.1 times more for restaurants
Accra
|
Monaco
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$4.16
GHS56.88
|
$27.49
€25.53
|
|
Fast food combo meal
McDonalds, or similar
|
$6.47
GHS88.48
|
$9.90
€9.19
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.61
GHS8.33
|
$5.17
€4.80
|
|
Bottle of water (11 fl. oz) |
$0.22
GHS3.00
|
$6.10
€5.67
|
|
pay 95.1% more for groceries
Accra
|
Monaco
|
||
---|---|---|---|
Bread
1 loaf
|
$1.13
GHS15.49
|
$4.12
€3.83
|
|
Local cheese (8 oz) |
$3.96
GHS54.20
|
$7.70
€7.15
|
|
Milk (1 gallon) |
$7.28
GHS99.66
|
$7.28
€6.76
|
|
Eggs
1 dozen
|
$1.71
GHS23.38
|
$3.26
€3.03
|
|
Boneless chicken breast (1 lb) |
$1.87
GHS25.57
|
$4.99
€4.63
|
|
Apples (1 lb) |
$0.99
GHS13.58
|
$0.83
€0.77
|
|
Bananas (1 lb) |
$0.43
GHS5.86
|
$1.00
€0.93
|
|
Oranges (1 lb) |
$0.58
GHS8.00
|
$0.91
€0.85
|
|
Tomatoes (1 lb) |
$0.85
GHS11.63
|
$1.75
€1.62
|
|
Potatoes (1 lb) |
$0.84
GHS11.48
|
$0.75
€0.69
|
|
Onions (1 lb) |
$0.70
GHS9.51
|
$1.16
€1.08
|
|
pay 2.4 times more for transportation
Accra
|
Monaco
|
||
---|---|---|---|
Gasoline (1 gallon) |
$3.69
GHS50.42
|
$7.63
€7.09
|
|
Monthly public transit pass |
$23.56
GHS322.32
|
$39.58
€36.76
|
|
New Volkswagen Golf 1.4 (standard edition) |
$6,189.79
GHS84,686.96
|
$21,988.99
€20,420.08
|
|
Taxi trip in downtown area (5 miles) |
$8.31
GHS113.76
|
$18.25
€16.95
|
|
pay 18.8 times more for housing
Accra
|
Monaco
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$41.59
GHS569.07
|
$77.33
€71.81
|
|
1-Bedroom apartment in downtown area |
$895.45
GHS12,251.31
|
$5,728.44
€5,319.71
|
|
1-Bedroom apartment outside city center |
$59.21
GHS810.10
|
$3,664.83
€3,403.35
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$29.83
GHS408.11
|
$146.95
€136.46
|
|
pay 31.1 times more for childcare
Accra
|
Monaco
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$60.39
GHS826.27
|
$3,518.24
€3,267.21
|
|
Middle school for 1 child, two semesters |
$5,690.48
GHS77,855.58
|
$21,988.99
€20,420.08
|
|
pay 7.6 times more for entertainment and sports
Accra
|
Monaco
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$0.92
GHS12.64
|
$7.70
€7.15
|
|
Cappuccino in mid-range area |
$2.14
GHS29.26
|
$4.74
€4.40
|
|
Pack of cigarettes
Marlboro or similar
|
$1.48
GHS20.22
|
$10.99
€10.21
|
|
Monthly membership at local gym |
$36.72
GHS502.43
|
$659.67
€612.60
|
|
Movie ticket to theater/cinema |
$6.01
GHS82.16
|
$13.19
€12.25
|
|
pay 8.1 times more for clothing
Accra
|
Monaco
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$13.41
GHS183.40
|
$132.67
€123.20
|
|
Regular dress
from H&M or similar store
|
$12.88
GHS176.17
|
$34.08
€31.65
|
|
Running shoes
Nike or Adidas
|
$34.37
GHS470.20
|
$153.65
€142.69
|
|
Men's business shoes (leather) |
$34.18
GHS467.67
|
$523.34
€486.00
|
|
Change currency:
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Monaco or Accra. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.