Cost of living comparison
Ghana is 50.5% cheaper than South Korea.
If you lived in Ghana instead of South Korea, you would:
pay 41.6% less for restaurants
South Korea
|
Ghana
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$6.13
₩8,447
|
$3.39
GHS45.86
|
|
Fast food combo meal
McDonalds, or similar
|
$5.18
₩7,137
|
$5.85
GHS79.21
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.41
₩1,938
|
$0.51
GHS6.93
|
|
Bottle of water (11 fl. oz) |
$0.67
₩930
|
$0.20
GHS2.66
|
|
pay 52.6% less for groceries
South Korea
|
Ghana
|
||
---|---|---|---|
Bread
1 loaf
|
$2.74
₩3,780
|
$1.07
GHS14.54
|
|
Local cheese (8 oz) |
$8.12
₩11,189
|
$3.60
GHS48.70
|
|
Milk (1 gallon) |
$7.20
₩9,923
|
$6.56
GHS88.76
|
|
Eggs
1 dozen
|
$2.73
₩3,765
|
$1.39
GHS18.76
|
|
Boneless chicken breast (1 lb) |
$3.58
₩4,940
|
$1.51
GHS20.50
|
|
Apples (1 lb) |
$2.90
₩3,991
|
$0.91
GHS12.30
|
|
Bananas (1 lb) |
$1.51
₩2,081
|
$0.59
GHS8.01
|
|
Oranges (1 lb) |
$2.66
₩3,668
|
$0.63
GHS8.59
|
|
Tomatoes (1 lb) |
$2.29
₩3,160
|
$0.79
GHS10.65
|
|
Potatoes (1 lb) |
$1.40
₩1,925
|
$0.83
GHS11.26
|
|
Onions (1 lb) |
$1.08
₩1,494
|
$0.71
GHS9.60
|
|
pay 52.4% less for transportation
South Korea
|
Ghana
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.92
₩6,786
|
$3.48
GHS47.15
|
|
Monthly public transit pass |
$43.73
₩60,262
|
$13.79
GHS186.65
|
|
New Volkswagen Golf 1.4 (standard edition) |
$28,660.56
₩39,496,774
|
$5,681.67
GHS76,916.62
|
|
Taxi trip in downtown area (5 miles) |
$9.34
₩12,866
|
$6.37
GHS86.30
|
|
pay 0.1% more for housing
South Korea
|
Ghana
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$21.09
₩29,063
|
$44.96
GHS608.66
|
|
1-Bedroom apartment in downtown area |
$392.42
₩540,792
|
$532.41
GHS7,207.62
|
|
1-Bedroom apartment outside city center |
$302.43
₩416,775
|
$81.19
GHS1,099.08
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$111.18
₩153,211
|
$27.28
GHS369.28
|
|
pay 76.9% less for childcare
South Korea
|
Ghana
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$342.96
₩472,623
|
$57.14
GHS773.57
|
|
Middle school for 1 child, two semesters |
$18,987.50
₩26,166,449
|
$5,592.22
GHS75,705.70
|
|
pay 58.1% less for entertainment and sports
South Korea
|
Ghana
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$2.92
₩4,022
|
$0.69
GHS9.38
|
|
Cappuccino in mid-range area |
$3.29
₩4,533
|
$1.14
GHS15.49
|
|
Pack of cigarettes
Marlboro or similar
|
$3.45
₩4,754
|
$1.20
GHS16.26
|
|
Monthly membership at local gym |
$44.03
₩60,673
|
$30.68
GHS415.33
|
|
Movie ticket to theater/cinema |
$8.93
₩12,300
|
$4.16
GHS56.28
|
|
pay 72.3% less for clothing
South Korea
|
Ghana
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$48.44
₩66,758
|
$10.55
GHS142.85
|
|
Regular dress
from H&M or similar store
|
$44.60
₩61,461
|
$9.90
GHS134.06
|
|
Running shoes
Nike or Adidas
|
$75.46
₩103,986
|
$27.96
GHS378.54
|
|
Men's business shoes (leather) |
$91.03
₩125,453
|
$27.10
GHS366.87
|
|
Change currency:
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Ghana or South Korea. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.