Published: Monday, 21th October 2024
The cost of living in Cabo Verde is 5.18 times more expensive as compared to Ghana.
On this page, you will find side-by-side cost comparison between Cabo Verde and Ghana. We have created 172 cost-of-living indicators. We average the prices of all those indicators and take a mathematically calculated approach to determine which country is more expensive to live in between Cabo Verde and Ghana.
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Indicators | Cabo Verde | Ghana |
---|---|---|
1 BHK Apartment in City Center | 50,000 CVE (500 USD) | 1,500 GHS (129 USD) |
2 BHK Apartment in City Center | 80,000 CVE (800 USD) | 2,500 GHS (215 USD) |
3 BHK Apartment in City Center | 120,000 CVE (1,200 USD) | 3,500 GHS (301 USD) |
1 BHK Apartment outside City Center | 30,000 CVE (300 USD) | 1,000 GHS (86 USD) |
2 BHK Apartment outside City Center | 50,000 CVE (500 USD) | 1,800 GHS (154.80 USD) |
3 BHK Apartment outside City Center | 80,000 CVE (800 USD) | 2,500 GHS (215 USD) |
Mortgage Rates Per Month | 5 % | 14 % |
Realtor Commission | 3 % | 5 % |
Property Taxes | 0.25 to 0.5 % | 0.5 to 1.0 % |
The average housing cost in Cabo Verde is 3.73 times more expensive than Ghana.
Indicators | Cabo Verde | Ghana |
---|---|---|
Basic Home Furnishing | 30,000 CVE (300 USD) | 1,500 GHS (129 USD) |
Electricity Cost Per Month | 7,000 CVE (70 USD) | 200 GHS (17.20 USD) |
Heating Cost Per Month | 6,000 CVE (60 USD) | 250 GHS (21.50 USD) |
Cooling Cost Per Month | 5,000 CVE (50 USD) | 100 GHS (8.60 USD) |
Water Supply Cost Per Month | 5,000 CVE (50 USD) | 60 GHS (5.16 USD) |
If you lived in Cabo Verde, instead of Ghana, you would have to pay 192.08% more for Utilities.
The basic home furnishing in Cabo Verde costs 2.33 times more compared to Ghana.
Indicators | Cabo Verde | Ghana |
---|---|---|
Standard Wifi Cost Per Month | 8,000 CVE (80 USD) | 80 GHS (6.88 USD) |
Mobile Phone Basic Plan Cost Per Month | 3,500 CVE (35 USD) | 50 GHS (4.30 USD) |
Landline Basic Plan Cost Per Month | 4,000 CVE (40 USD) | 30 GHS (2.58 USD) |
Cable TV Basic Plan Cost Per Month | 6,000 CVE (60 USD) | 70 GHS (6.02 USD) |
The internet and communication costs 986.96% more in Cabo Verde compared to Ghana.
Indicators | Cabo Verde | Ghana |
---|---|---|
Long Grain Rice (1 KG) | 1,800 CVE (18 USD) | 8 GHS (0.69 USD) |
Milk (1 Liter) | 1,000 CVE (10 USD) | 6 GHS (0.52 USD) |
Water (1 Liter) | 300 CVE (3 USD) | 1.50 GHS (0.13 USD) |
Bread (500 gm) | 400 CVE (4 USD) | 3.50 GHS (0.30 USD) |
Eggs (1 Dozen) | 1,200 CVE (12 USD) | 10 GHS (0.86 USD) |
Cheese (1 KG) | 2,500 CVE (25 USD) | 25 GHS (2.15 USD) |
Chicken Breast (1 KG) | 2,000 CVE (20 USD) | 35 GHS (3.01 USD) |
In Cabo Verde, the cost of 1 Liter Water and 1 Liter Milk is 20.16 times more expensive than the cost in Ghana.
If you lived in Cabo Verde, instead of Ghana, you would have to pay 1101.99% more for Groceries.
Indicators | Cabo Verde | Ghana |
---|---|---|
Apples (1 KG) | 1,200 CVE (12 USD) | 8 GHS (0.69 USD) |
Bananas (1 KG) | 700 CVE (7 USD) | 6 GHS (0.52 USD) |
Oranges (1 KG) | 900 CVE (9 USD) | 7 GHS (0.60 USD) |
Tomatoes (1 KG) | 800 CVE (8 USD) | 5 GHS (0.43 USD) |
Potatoes (1 KG) | 600 CVE (6 USD) | 4 GHS (0.34 USD) |
Lemons (1 KG) | 1,200 CVE (12 USD) | 10 GHS (0.86 USD) |
Onions (1 KG) | 700 CVE (7 USD) | 4.50 GHS (0.39 USD) |
Lentils (1 KG) | 1,900 CVE (19 USD) | 8 GHS (0.69 USD) |
If you lived in Cabo Verde, instead of Ghana, you would have to pay 17.72 times more for Fruits and Vegetables.
Indicators | Cabo Verde | Ghana |
---|---|---|
Meal at a Resonable Restaurant | 2,500 CVE (25 USD) | 30 GHS (2.58 USD) |
Three-Course Meal for Two | 7,000 CVE (70 USD) | 100 GHS (8.60 USD) |
Fast Food Combo Meal | 1,500 CVE (15 USD) | 20 GHS (1.72 USD) |
Normal Coffee | 300 CVE (3 USD) | 7 GHS (0.60 USD) |
Soft Drink | 200 CVE (2 USD) | 3 GHS (0.26 USD) |
Pizza for One | 2,500 CVE (25 USD) | 30 GHS (2.58 USD) |
Take-Out Delivery Meal | 2,000 CVE (20 USD) | 35 GHS (3.01 USD) |
Cigarette Pack of 20 | 800 CVE (8 USD) | 10 GHS (0.86 USD) |
Dining-Out costs 731.27% more in Cabo Verde compared to Ghana.
Indicators | Cabo Verde | Ghana |
---|---|---|
Wine Mid-Range Bottle | 3,000 CVE (30 USD) | 50 GHS (4.30 USD) |
Glass of Wine | 1,000 CVE (10 USD) | 12 GHS (1.03 USD) |
Domestic Beer Half Liter | 500 CVE (5 USD) | 5 GHS (0.43 USD) |
Imported Beer Half Liter | 700 CVE (7 USD) | 7 GHS (0.60 USD) |
Domestic Alcohol 1 Liter | 2,000 CVE (20 USD) | 35 GHS (3.01 USD) |
Branded Alcohol 1 Liter | 3,500 CVE (35 USD) | 60 GHS (5.16 USD) |
If you lived in Cabo Verde, instead of Ghana, you would have to pay 7.36 times more for usual hard drinks.
Indicators | Cabo Verde | Ghana |
---|---|---|
Monthly Public Transportation Pass | 5,000 CVE (50 USD) | 60 GHS (5.16 USD) |
Single Public Transportation Ticket | 150 CVE (1.50 USD) | 2 GHS (0.17 USD) |
Single Train Ticket | Yet to Update () | 50 GHS (4.30 USD) |
Domestic Airplane Ticket | 15,000 CVE (150 USD) | 150 GHS (12.90 USD) |
Taxi Start Fare | 300 CVE (3 USD) | 10 GHS (0.86 USD) |
Taxi Rate Per Kilometer | 200 CVE (2 USD) | 2 GHS (0.17 USD) |
Car Rental Per Day | 10,000 CVE (100 USD) | 60 GHS (5.16 USD) |
Parking Fees in City Center Per Hour | 200 CVE (2 USD) | 10 GHS (0.86 USD) |
Parking Fees outside City Center Per Hour | 100 CVE (1 USD) | 5 GHS (0.43 USD) |
If you lived in Cabo Verde, instead of Ghana, you would have to pay 10.31 times more for transportation.
Indicators | Cabo Verde | Ghana |
---|---|---|
Reasonable Vehicle Purchase Cost | 3,000,000 CVE (30,000 USD) | 35,000 GHS (3,010 USD) |
Vehicle Registration Cost | 30,000 CVE (300 USD) | 300 GHS (25.80 USD) |
Driving License Fees | 10,000 CVE (100 USD) | 200 GHS (17.20 USD) |
Car Insurance Cost | 50,000 CVE (500 USD) | 500 GHS (43 USD) |
Car Maintenance Cost | 20,000 CVE (200 USD) | 150 GHS (12.90 USD) |
Car Loan Interest Rates | 6 % | 15 % |
Fuel Per Liter | 150 CVE (1.50 USD) | 7 GHS (0.60 USD) |
Fuel Per Gallon | 600 CVE (6 USD) | 26 GHS (2.24 USD) |
Average Toll Fees | Yet to Update | Yet to Update |
You would have to pay 10.00 times more for Vehicle purchase, daily operation and maintenance in Cabo Verde compared to that of Ghana.
Indicators | Cabo Verde | Ghana |
---|---|---|
Doctor Visit | 2,500 CVE (25 USD) | 100 GHS (8.60 USD) |
Specialist Visit | 5,000 CVE (50 USD) | 150 GHS (12.90 USD) |
Dentist Visit | 4,000 CVE (40 USD) | 90 GHS (7.74 USD) |
Eye Exam | 2,000 CVE (20 USD) | 60 GHS (5.16 USD) |
Mental Health Counseling | 5,000 CVE (50 USD) | 120 GHS (10.32 USD) |
Preventive Health Screening | 3,000 CVE (30 USD) | 70 GHS (6.02 USD) |
Physical Therapy | 3,000 CVE (30 USD) | 90 GHS (7.74 USD) |
Emergency Room Visit | 5,000 CVE (50 USD) | 150 GHS (12.90 USD) |
Hospital Stay Per Night | 10,000 CVE (100 USD) | 250 GHS (21.50 USD) |
Vaccinations | 2,000 CVE (20 USD) | 40 GHS (3.44 USD) |
Prescription Medication | 1,000 CVE (10 USD) | 30 GHS (2.58 USD) |
Over the Counter Medication | 600 CVE (6 USD) | 15 GHS (1.29 USD) |
Health Insurance Premiums | 20,000 CVE (200 USD) | 200 GHS (17.20 USD) |
Health Insurance Deductibles | 10,000 CVE (100 USD) | 100 GHS (8.60 USD) |
If you lived in Cabo Verde, instead of Ghana, you would have to pay 5.80 times more for Health and Medical Treatment.
Indicators | Cabo Verde | Ghana |
---|---|---|
Cosmetic Procedures | 15,000 CVE (150 USD) | 250 GHS (21.50 USD) |
Spa Treatment | 8,000 CVE (80 USD) | 120 GHS (10.32 USD) |
Manicure Pedicure Cost | 2,500 CVE (25 USD) | 60 GHS (5.16 USD) |
Optical Glasses Cost | 5,000 CVE (50 USD) | 120 GHS (10.32 USD) |
Contact Lenses Cost | 3,000 CVE (30 USD) | 200 GHS (17.20 USD) |
Haircuts | 1,000 CVE (10 USD) | 30 GHS (2.58 USD) |
Hair Coloring | 2,500 CVE (25 USD) | 70 GHS (6.02 USD) |
Shampoo Price | 400 CVE (4 USD) | 10 GHS (0.86 USD) |
Toothpaste Price | 200 CVE (2 USD) | 3 GHS (0.26 USD) |
If you lived in Cabo Verde, instead of Ghana, you would have to pay 5.07 times more for Personal Care Items and Treatment.
Indicators | Cabo Verde | Ghana |
---|---|---|
Pair of Nike Running Shoes | 20,000 CVE (200 USD) | 400 GHS (34.40 USD) |
Men's Shirt | 4,000 CVE (40 USD) | 90 GHS (7.74 USD) |
Women's Dress | 7,000 CVE (70 USD) | 100 GHS (8.60 USD) |
Summer Dress | 5,000 CVE (50 USD) | 60 GHS (5.16 USD) |
Men's Suit | 40,000 CVE (400 USD) | 800 GHS (68.80 USD) |
Men's Jeans | 6,000 CVE (60 USD) | 150 GHS (12.90 USD) |
Women's Jeans | 5,000 CVE (50 USD) | 130 GHS (11.18 USD) |
Men's Formal Shoes | 12,000 CVE (120 USD) | 200 GHS (17.20 USD) |
Women's Formal Shoes | 10,000 CVE (100 USD) | 200 GHS (17.20 USD) |
Men's Casual Shoes | 8,000 CVE (80 USD) | 120 GHS (10.32 USD) |
Women's Casual Shoes | 6,000 CVE (60 USD) | 120 GHS (10.32 USD) |
Underwear For Men | 1,000 CVE (10 USD) | 15 GHS (1.29 USD) |
Underwear For Women | 1,000 CVE (10 USD) | 20 GHS (1.72 USD) |
Socks For Men | 400 CVE (4 USD) | 8 GHS (0.69 USD) |
Socks For Women | 400 CVE (4 USD) | 9 GHS (0.77 USD) |
Wintercoat for Adults | 15,000 CVE (150 USD) | 150 GHS (12.90 USD) |
Sportswear | 8,000 CVE (80 USD) | 70 GHS (6.02 USD) |
If you lived in Cabo Verde, instead of Ghana, you would have to pay 6.55 times more for Clothing and Footwear for Adults.
Indicators | Cabo Verde | Ghana |
---|---|---|
Children's Jeans | 3,000 CVE (30 USD) | 50 GHS (4.30 USD) |
Children's Normal Sneakers | 4,000 CVE (40 USD) | 80 GHS (6.88 USD) |
Children's Winter Coat | 5,000 CVE (50 USD) | 100 GHS (8.60 USD) |
Daycare for Infant | 40,000 CVE (400 USD) | 2,000 GHS (172 USD) |
Daycare for Toddler | 35,000 CVE (350 USD) | 1,800 GHS (154.80 USD) |
Childcare for Sick Days | 12,000 CVE (120 USD) | 60 GHS (5.16 USD) |
Early Childhood Education Programs | 60,000 CVE (600 USD) | 1,500 GHS (129 USD) |
Extra Curricular Activities | 20,000 CVE (200 USD) | 300 GHS (25.80 USD) |
Summer Camp for Kids | 50,000 CVE (500 USD) | 700 GHS (60.20 USD) |
If you lived in Cabo Verde, instead of Ghana, you would have to pay 4.04 times more for Childcare and kids clothing.
Indicators | Cabo Verde | Ghana |
---|---|---|
PreSchool Fees | 30,000 CVE (300 USD) | 1,500 GHS (129 USD) |
Primary School Fees | 50,000 CVE (500 USD) | 2,500 GHS (215 USD) |
Secondary School Fees | 70,000 CVE (700 USD) | 4,000 GHS (344 USD) |
Private School Fees | 150,000 CVE (1,500 USD) | 7,000 GHS (602 USD) |
University Tuition Fees | 250,000 CVE (2,500 USD) | 12,000 GHS (1,032 USD) |
University Private Tuition Fees | 400,000 CVE (4,000 USD) | 18,000 GHS (1,548 USD) |
After School Activities | 20,000 CVE (200 USD) | 300 GHS (25.80 USD) |
Special Education Services | 30,000 CVE (300 USD) | 600 GHS (51.60 USD) |
Tutoring | 25,000 CVE (250 USD) | 70 GHS (6.02 USD) |
Textbooks Cost | 15,000 CVE (150 USD) | 60 GHS (5.16 USD) |
School Supplies | 8,000 CVE (80 USD) | 40 GHS (3.44 USD) |
If you lived in Cabo Verde, instead of Ghana, you would have to pay 2.65 times more for school and education.
Indicators | Cabo Verde | Ghana |
---|---|---|
Movie Ticket (Single) | 1,000 CVE (10 USD) | 20 GHS (1.72 USD) |
Theater Ticket (Single) | 2,500 CVE (25 USD) | 40 GHS (3.44 USD) |
Concert Ticket (Single) | 4,000 CVE (40 USD) | 50 GHS (4.30 USD) |
Sports Event Ticket (Single) | 3,000 CVE (30 USD) | 30 GHS (2.58 USD) |
Gym Membership | 5,000 CVE (50 USD) | 60 GHS (5.16 USD) |
Swimming Pool Access | 4,000 CVE (40 USD) | 30 GHS (2.58 USD) |
Museum Entry Ticket | 800 CVE (8 USD) | 10 GHS (0.86 USD) |
Zoo Entry Ticket | 1,000 CVE (10 USD) | 20 GHS (1.72 USD) |
Amusement Park Entry Ticket | 2,500 CVE (25 USD) | 40 GHS (3.44 USD) |
Bowling | 1,500 CVE (15 USD) | 15 GHS (1.29 USD) |
Mini Golf | 1,200 CVE (12 USD) | 10 GHS (0.86 USD) |
Video Games | 7,000 CVE (70 USD) | 70 GHS (6.02 USD) |
Streaming Services | 4,000 CVE (40 USD) | 40 GHS (3.44 USD) |
Outdoor Equipment Rental | 1,500 CVE (15 USD) | 30 GHS (2.58 USD) |
Theme Park Annual Pass | 20,000 CVE (200 USD) | 600 GHS (51.60 USD) |
If you lived in Cabo Verde, instead of Ghana, you would have to pay 6.44 times more for entertainment, recreation and fun activities.
Indicators | Cabo Verde | Ghana |
---|---|---|
Language Classes | 25,000 CVE (250 USD) | 300 GHS (25.80 USD) |
Parenting Classes | 15,000 CVE (150 USD) | 150 GHS (12.90 USD) |
Art Classes | 2,500 CVE (25 USD) | 50 GHS (4.30 USD) |
Fitness Classes | 1,500 CVE (15 USD) | 20 GHS (1.72 USD) |
Music Lessons | 3,000 CVE (30 USD) | 60 GHS (5.16 USD) |
Dance Lessons | 3,000 CVE (30 USD) | 80 GHS (6.88 USD) |
Reading Materials for Classes | 1,000 CVE (10 USD) | 20 GHS (1.72 USD) |
Educational Software | 18,000 CVE (180 USD) | 200 GHS (17.20 USD) |
If you lived in Cabo Verde, instead of Ghana, you would have to pay 9.12 times more for Private Classes.
Indicators | Cabo Verde | Ghana |
---|---|---|
Average Gross Monthly Salary | 80,000 CVE (800 USD) | 4,000 GHS (344 USD) |
Average Net Monthly Salary | 70,000 CVE (700 USD) | 2,800 GHS (240.80 USD) |
Minimum Wages | 1,333.33 CVE per hour (13.33 USD) | 60 GHS per hour (5.16 USD) |
Average Bonus | 20,000 CVE (200 USD) | 400 GHS (34.40 USD) |
Income Tax Rate | 0 to 15 % | 0 to 12.5 % |
Social Security Contributions | 10 % | 6 % |
Pension Contributions | 8 % | 5 % |
Cost of Living Index | 60 | 50 |
Median Household Income | 150,000 CVE (1,500 USD) | 7,000 GHS (602 USD) |
If you lived in Cabo Verde, you would earn 2.62 times more salary as compared to Ghana.
Indicators | Cabo Verde | Ghana |
---|---|---|
Legal Consultation Per Hour Rate | 7,000 CVE (70 USD) | 150 GHS (12.90 USD) |
Accounting Services Per Hour Rate | 5,000 CVE (50 USD) | 120 GHS (10.32 USD) |
IT Support Services Per Hour Rate | 6,000 CVE (60 USD) | 90 GHS (7.74 USD) |
Technician Services Per Hour Rate | 6,500 CVE (65 USD) | 80 GHS (6.88 USD) |
Professional Services cost 6.47 times more in Cabo Verde, as compared to Ghana.
We hope you enjoyed the detailed guide on the cost of living comparsion between Cabo Verde and Ghana.
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