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