Published: Monday, 21th October 2024
The cost of living in Cabo Verde is 6.12 times more expensive as compared to Madagascar.
On this page, you will find side-by-side cost comparison between Cabo Verde and Madagascar. 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 Madagascar.
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 Indicators  | Cabo Verde  | Madagascar  |
|---|---|---|
1 BHK Apartment in City Center  | 50,000 CVE (500 USD) | 350,000 MGA (80.50 USD) |
2 BHK Apartment in City Center  | 80,000 CVE (800 USD) | 500,000 MGA (115 USD) |
3 BHK Apartment in City Center  | 120,000 CVE (1,200 USD) | 750,000 MGA (172.50 USD) |
1 BHK Apartment outside City Center  | 30,000 CVE (300 USD) | 150,000 MGA (34.50 USD) |
2 BHK Apartment outside City Center  | 50,000 CVE (500 USD) | 250,000 MGA (57.50 USD) |
3 BHK Apartment outside City Center  | 80,000 CVE (800 USD) | 400,000 MGA (92 USD) |
Mortgage Rates Per Month  | 5 % | 2 % |
Realtor Commission  | 3 % | 3 % |
Property Taxes  | 0.25 to 0.5 % | Yet to Update |
The average housing cost in Cabo Verde is 7.22 times more expensive than Madagascar.
Indicators | Cabo Verde | Madagascar |
|---|---|---|
Basic Home Furnishing  | 30,000 CVE (300 USD) | 2,000,000 MGA (460 USD) |
Electricity Cost Per Month  | 7,000 CVE (70 USD) | 50,000 MGA (11.50 USD) |
Heating Cost Per Month  | 6,000 CVE (60 USD) | 25,000 MGA (5.75 USD) |
Cooling Cost Per Month  | 5,000 CVE (50 USD) | 20,000 MGA (4.60 USD) |
Water Supply Cost Per Month  | 5,000 CVE (50 USD) | 20,000 MGA (4.60 USD) |
If you lived in Cabo Verde, instead of Madagascar, you would have to pay 8.95% more for Utilities.
The basic home furnishing in Cabo Verde costs 1.53 times less compared to Madagascar.
Indicators | Cabo Verde | Madagascar |
|---|---|---|
Standard Wifi Cost Per Month  | 8,000 CVE (80 USD) | 30,000 MGA (6.90 USD) |
Mobile Phone Basic Plan Cost Per Month  | 3,500 CVE (35 USD) | 20,000 MGA (4.60 USD) |
Landline Basic Plan Cost Per Month  | 4,000 CVE (40 USD) | 15,000 MGA (3.45 USD) |
Cable TV Basic Plan Cost Per Month  | 6,000 CVE (60 USD) | 25,000 MGA (5.75 USD) |
The internet and communication costs 938.65% more in Cabo Verde compared to Madagascar.
Indicators | Cabo Verde | Madagascar |
|---|---|---|
Long Grain Rice (1 KG)  | 1,800 CVE (18 USD) | 5,000 MGA (1.15 USD) |
Milk (1 Liter)  | 1,000 CVE (10 USD) | 2,500 MGA (0.58 USD) |
Water (1 Liter)  | 300 CVE (3 USD) | 1,500 MGA (0.35 USD) |
Bread (500 gm)  | 400 CVE (4 USD) | 2,000 MGA (0.46 USD) |
Eggs (1 Dozen)  | 1,200 CVE (12 USD) | 4,000 MGA (0.92 USD) |
Cheese (1 KG)  | 2,500 CVE (25 USD) | 20,000 MGA (4.60 USD) |
Chicken Breast (1 KG)  | 2,000 CVE (20 USD) | 12,000 MGA (2.76 USD) |
In Cabo Verde, the cost of 1 Liter Water and 1 Liter Milk is 14.13 times more expensive than the cost in Madagascar.
If you lived in Cabo Verde, instead of Madagascar, you would have to pay 751.06% more for Groceries.
Indicators | Cabo Verde | Madagascar |
|---|---|---|
Apples (1 KG)  | 1,200 CVE (12 USD) | 5,000 MGA (1.15 USD) |
Bananas (1 KG)  | 700 CVE (7 USD) | 3,000 MGA (0.69 USD) |
Oranges (1 KG)  | 900 CVE (9 USD) | 4,000 MGA (0.92 USD) |
Tomatoes (1 KG)  | 800 CVE (8 USD) | 3,500 MGA (0.81 USD) |
Potatoes (1 KG)  | 600 CVE (6 USD) | 3,000 MGA (0.69 USD) |
Lemons (1 KG)  | 1,200 CVE (12 USD) | 5,000 MGA (1.15 USD) |
Onions (1 KG)  | 700 CVE (7 USD) | 4,000 MGA (0.92 USD) |
Lentils (1 KG)  | 1,900 CVE (19 USD) | 5,000 MGA (1.15 USD) |
If you lived in Cabo Verde, instead of Madagascar, you would have to pay 10.70 times more for Fruits and Vegetables.
Indicators | Cabo Verde | Madagascar |
|---|---|---|
Meal at a Resonable Restaurant  | 2,500 CVE (25 USD) | 20,000 MGA (4.60 USD) |
Three-Course Meal for Two  | 7,000 CVE (70 USD) | 70,000 MGA (16.10 USD) |
Fast Food Combo Meal  | 1,500 CVE (15 USD) | 12,000 MGA (2.76 USD) |
Normal Coffee  | 300 CVE (3 USD) | 3,000 MGA (0.69 USD) |
Soft Drink  | 200 CVE (2 USD) | 2,500 MGA (0.58 USD) |
Pizza for One  | 2,500 CVE (25 USD) | 20,000 MGA (4.60 USD) |
Take-Out Delivery Meal  | 2,000 CVE (20 USD) | 25,000 MGA (5.75 USD) |
Cigarette Pack of 20  | 800 CVE (8 USD) | 12,000 MGA (2.76 USD) |
Dining-Out costs 344.03% more in Cabo Verde compared to Madagascar.
Indicators | Cabo Verde | Madagascar |
|---|---|---|
Wine Mid-Range Bottle  | 3,000 CVE (30 USD) | 25,000 MGA (5.75 USD) |
Glass of Wine  | 1,000 CVE (10 USD) | 7,000 MGA (1.61 USD) |
Domestic Beer Half Liter  | 500 CVE (5 USD) | 3,500 MGA (0.81 USD) |
Imported Beer Half Liter  | 700 CVE (7 USD) | 5,000 MGA (1.15 USD) |
Domestic Alcohol 1 Liter  | 2,000 CVE (20 USD) | 40,000 MGA (9.20 USD) |
Branded Alcohol 1 Liter  | 3,500 CVE (35 USD) | 60,000 MGA (13.80 USD) |
If you lived in Cabo Verde, instead of Madagascar, you would have to pay 3.31 times more for usual hard drinks.
Indicators | Cabo Verde | Madagascar |
|---|---|---|
Monthly Public Transportation Pass  | 5,000 CVE (50 USD) | 50,000 MGA (11.50 USD) |
Single Public Transportation Ticket  | 150 CVE (1.50 USD) | 1,000 MGA (0.23 USD) |
Single Train Ticket  | Yet to Update () | 30,000 MGA (6.90 USD) |
Domestic Airplane Ticket  | 15,000 CVE (150 USD) | 150,000 MGA (34.50 USD) |
Taxi Start Fare  | 300 CVE (3 USD) | 3,000 MGA (0.69 USD) |
Taxi Rate Per Kilometer  | 200 CVE (2 USD) | 2,000 MGA (0.46 USD) |
Car Rental Per Day  | 10,000 CVE (100 USD) | 80,000 MGA (18.40 USD) |
Parking Fees in City Center Per Hour  | 200 CVE (2 USD) | 2,000 MGA (0.46 USD) |
Parking Fees outside City Center Per Hour  | 100 CVE (1 USD) | 1,000 MGA (0.23 USD) |
If you lived in Cabo Verde, instead of Madagascar, you would have to pay 4.22 times more for transportation.
Indicators | Cabo Verde | Madagascar |
|---|---|---|
Reasonable Vehicle Purchase Cost  | 3,000,000 CVE (30,000 USD) | 20,000,000 MGA (4,600 USD) |
Vehicle Registration Cost  | 30,000 CVE (300 USD) | 300,000 MGA (69 USD) |
Driving License Fees  | 10,000 CVE (100 USD) | 70,000 MGA (16.10 USD) |
Car Insurance Cost  | 50,000 CVE (500 USD) | 500,000 MGA (115 USD) |
Car Maintenance Cost  | 20,000 CVE (200 USD) | 200,000 MGA (46 USD) |
Car Loan Interest Rates  | 6 % | 12 % |
Fuel Per Liter  | 150 CVE (1.50 USD) | 3,500 MGA (0.81 USD) |
Fuel Per Gallon  | 600 CVE (6 USD) | 13,000 MGA (2.99 USD) |
Average Toll Fees  | Yet to Update | Yet to Update |
You would have to pay 6.41 times more for Vehicle purchase, daily operation and maintenance in Cabo Verde compared to that of Madagascar.
Indicators | Cabo Verde | Madagascar |
|---|---|---|
Doctor Visit  | 2,500 CVE (25 USD) | 40,000 MGA (9.20 USD) |
Specialist Visit  | 5,000 CVE (50 USD) | 80,000 MGA (18.40 USD) |
Dentist Visit  | 4,000 CVE (40 USD) | 60,000 MGA (13.80 USD) |
Eye Exam  | 2,000 CVE (20 USD) | 30,000 MGA (6.90 USD) |
Mental Health Counseling  | 5,000 CVE (50 USD) | 60,000 MGA (13.80 USD) |
Preventive Health Screening  | 3,000 CVE (30 USD) | 40,000 MGA (9.20 USD) |
Physical Therapy  | 3,000 CVE (30 USD) | 50,000 MGA (11.50 USD) |
Emergency Room Visit  | 5,000 CVE (50 USD) | 150,000 MGA (34.50 USD) |
Hospital Stay Per Night  | 10,000 CVE (100 USD) | 200,000 MGA (46 USD) |
Vaccinations  | 2,000 CVE (20 USD) | 30,000 MGA (6.90 USD) |
Prescription Medication  | 1,000 CVE (10 USD) | 15,000 MGA (3.45 USD) |
Over the Counter Medication  | 600 CVE (6 USD) | 10,000 MGA (2.30 USD) |
Health Insurance Premiums  | 20,000 CVE (200 USD) | 100,000 MGA (23 USD) |
Health Insurance Deductibles  | 10,000 CVE (100 USD) | 30,000 MGA (6.90 USD) |
If you lived in Cabo Verde, instead of Madagascar, you would have to pay 3.55 times more for Health and Medical Treatment.
Indicators | Cabo Verde | Madagascar |
|---|---|---|
Cosmetic Procedures  | 15,000 CVE (150 USD) | 800,000 MGA (184 USD) |
Spa Treatment  | 8,000 CVE (80 USD) | 70,000 MGA (16.10 USD) |
Manicure Pedicure Cost  | 2,500 CVE (25 USD) | 40,000 MGA (9.20 USD) |
Optical Glasses Cost  | 5,000 CVE (50 USD) | 150,000 MGA (34.50 USD) |
Contact Lenses Cost  | 3,000 CVE (30 USD) | 100,000 MGA (23 USD) |
Haircuts  | 1,000 CVE (10 USD) | 20,000 MGA (4.60 USD) |
Hair Coloring  | 2,500 CVE (25 USD) | 40,000 MGA (9.20 USD) |
Shampoo Price  | 400 CVE (4 USD) | 4,000 MGA (0.92 USD) |
Toothpaste Price  | 200 CVE (2 USD) | 2,000 MGA (0.46 USD) |
If you lived in Cabo Verde, instead of Madagascar, you would have to pay 1.33 times more for Personal Care Items and Treatment.
Indicators | Cabo Verde | Madagascar |
|---|---|---|
Pair of Nike Running Shoes  | 20,000 CVE (200 USD) | 120,000 MGA (27.60 USD) |
Men's Shirt  | 4,000 CVE (40 USD) | 60,000 MGA (13.80 USD) |
Women's Dress  | 7,000 CVE (70 USD) | 100,000 MGA (23 USD) |
Summer Dress  | 5,000 CVE (50 USD) | 70,000 MGA (16.10 USD) |
Men's Suit  | 40,000 CVE (400 USD) | 300,000 MGA (69 USD) |
Men's Jeans  | 6,000 CVE (60 USD) | 80,000 MGA (18.40 USD) |
Women's Jeans  | 5,000 CVE (50 USD) | 70,000 MGA (16.10 USD) |
Men's Formal Shoes  | 12,000 CVE (120 USD) | 120,000 MGA (27.60 USD) |
Women's Formal Shoes  | 10,000 CVE (100 USD) | 100,000 MGA (23 USD) |
Men's Casual Shoes  | 8,000 CVE (80 USD) | 90,000 MGA (20.70 USD) |
Women's Casual Shoes  | 6,000 CVE (60 USD) | 80,000 MGA (18.40 USD) |
Underwear For Men  | 1,000 CVE (10 USD) | 20,000 MGA (4.60 USD) |
Underwear For Women  | 1,000 CVE (10 USD) | 25,000 MGA (5.75 USD) |
Socks For Men  | 400 CVE (4 USD) | 8,000 MGA (1.84 USD) |
Socks For Women  | 400 CVE (4 USD) | 8,000 MGA (1.84 USD) |
Wintercoat for Adults  | 15,000 CVE (150 USD) | 150,000 MGA (34.50 USD) |
Sportswear  | 8,000 CVE (80 USD) | 80,000 MGA (18.40 USD) |
If you lived in Cabo Verde, instead of Madagascar, you would have to pay 4.37 times more for Clothing and Footwear for Adults.
Indicators | Cabo Verde | Madagascar |
|---|---|---|
Children's Jeans  | 3,000 CVE (30 USD) | 40,000 MGA (9.20 USD) |
Children's Normal Sneakers  | 4,000 CVE (40 USD) | 50,000 MGA (11.50 USD) |
Children's Winter Coat  | 5,000 CVE (50 USD) | 80,000 MGA (18.40 USD) |
Daycare for Infant  | 40,000 CVE (400 USD) | 100,000 MGA (23 USD) |
Daycare for Toddler  | 35,000 CVE (350 USD) | 90,000 MGA (20.70 USD) |
Childcare for Sick Days  | 12,000 CVE (120 USD) | 40,000 MGA (9.20 USD) |
Early Childhood Education Programs  | 60,000 CVE (600 USD) | 80,000 MGA (18.40 USD) |
Extra Curricular Activities  | 20,000 CVE (200 USD) | 50,000 MGA (11.50 USD) |
Summer Camp for Kids  | 50,000 CVE (500 USD) | 150,000 MGA (34.50 USD) |
If you lived in Cabo Verde, instead of Madagascar, you would have to pay 14.64 times more for Childcare and kids clothing.
Indicators | Cabo Verde | Madagascar |
|---|---|---|
PreSchool Fees  | 30,000 CVE (300 USD) | 120,000 MGA (27.60 USD) |
Primary School Fees  | 50,000 CVE (500 USD) | 300,000 MGA (69 USD) |
Secondary School Fees  | 70,000 CVE (700 USD) | 400,000 MGA (92 USD) |
Private School Fees  | 150,000 CVE (1,500 USD) | 800,000 MGA (184 USD) |
University Tuition Fees  | 250,000 CVE (2,500 USD) | 1,500,000 MGA (345 USD) |
University Private Tuition Fees  | 400,000 CVE (4,000 USD) | 2,000,000 MGA (460 USD) |
After School Activities  | 20,000 CVE (200 USD) | 50,000 MGA (11.50 USD) |
Special Education Services  | 30,000 CVE (300 USD) | 100,000 MGA (23 USD) |
Tutoring  | 25,000 CVE (250 USD) | 40,000 MGA (9.20 USD) |
Textbooks Cost  | 15,000 CVE (150 USD) | 50,000 MGA (11.50 USD) |
School Supplies  | 8,000 CVE (80 USD) | 30,000 MGA (6.90 USD) |
If you lived in Cabo Verde, instead of Madagascar, you would have to pay 8.45 times more for school and education.
Indicators | Cabo Verde | Madagascar |
|---|---|---|
Movie Ticket (Single)  | 1,000 CVE (10 USD) | 8,000 MGA (1.84 USD) |
Theater Ticket (Single)  | 2,500 CVE (25 USD) | 15,000 MGA (3.45 USD) |
Concert Ticket (Single)  | 4,000 CVE (40 USD) | 20,000 MGA (4.60 USD) |
Sports Event Ticket (Single)  | 3,000 CVE (30 USD) | 30,000 MGA (6.90 USD) |
Gym Membership  | 5,000 CVE (50 USD) | 50,000 MGA (11.50 USD) |
Swimming Pool Access  | 4,000 CVE (40 USD) | 20,000 MGA (4.60 USD) |
Museum Entry Ticket  | 800 CVE (8 USD) | 4,000 MGA (0.92 USD) |
Zoo Entry Ticket  | 1,000 CVE (10 USD) | 5,000 MGA (1.15 USD) |
Amusement Park Entry Ticket  | 2,500 CVE (25 USD) | 15,000 MGA (3.45 USD) |
Bowling  | 1,500 CVE (15 USD) | 20,000 MGA (4.60 USD) |
Mini Golf  | 1,200 CVE (12 USD) | 15,000 MGA (3.45 USD) |
Video Games  | 7,000 CVE (70 USD) | 80,000 MGA (18.40 USD) |
Streaming Services  | 4,000 CVE (40 USD) | 20,000 MGA (4.60 USD) |
Outdoor Equipment Rental  | 1,500 CVE (15 USD) | 15,000 MGA (3.45 USD) |
Theme Park Annual Pass  | 20,000 CVE (200 USD) | 200,000 MGA (46 USD) |
If you lived in Cabo Verde, instead of Madagascar, you would have to pay 4.96 times more for entertainment, recreation and fun activities.
Indicators | Cabo Verde | Madagascar |
|---|---|---|
Language Classes  | 25,000 CVE (250 USD) | 40,000 MGA (9.20 USD) |
Parenting Classes  | 15,000 CVE (150 USD) | 30,000 MGA (6.90 USD) |
Art Classes  | 2,500 CVE (25 USD) | 50,000 MGA (11.50 USD) |
Fitness Classes  | 1,500 CVE (15 USD) | 30,000 MGA (6.90 USD) |
Music Lessons  | 3,000 CVE (30 USD) | 40,000 MGA (9.20 USD) |
Dance Lessons  | 3,000 CVE (30 USD) | 30,000 MGA (6.90 USD) |
Reading Materials for Classes  | 1,000 CVE (10 USD) | 7,000 MGA (1.61 USD) |
Educational Software  | 18,000 CVE (180 USD) | 60,000 MGA (13.80 USD) |
If you lived in Cabo Verde, instead of Madagascar, you would have to pay 10.45 times more for Private Classes.
Indicators | Cabo Verde | Madagascar |
|---|---|---|
Average Gross Monthly Salary  | 80,000 CVE (800 USD) | 1,000,000 MGA (230 USD) |
Average Net Monthly Salary  | 70,000 CVE (700 USD) | 800,000 MGA (184 USD) |
Minimum Wages  | 1,333.33 CVE per hour (13.33 USD) | 13,333.33 MGA per hour (3.07 USD) |
Average Bonus  | 20,000 CVE (200 USD) | 150,000 MGA (34.50 USD) |
Income Tax Rate  | 0 to 15 % | 0 to 20 % |
Social Security Contributions  | 10 % | 5 % |
Pension Contributions  | 8 % | 7 % |
Cost of Living Index  | 60 | 50 |
Median Household Income  | 150,000 CVE (1,500 USD) | 1,200,000 MGA (276 USD) |
If you lived in Cabo Verde, you would earn 4.42 times more salary as compared to Madagascar.
Indicators | Cabo Verde | Madagascar |
|---|---|---|
Legal Consultation Per Hour Rate  | 7,000 CVE (70 USD) | 50,000 MGA (11.50 USD) |
Accounting Services Per Hour Rate  | 5,000 CVE (50 USD) | 60,000 MGA (13.80 USD) |
IT Support Services Per Hour Rate  | 6,000 CVE (60 USD) | 40,000 MGA (9.20 USD) |
Technician Services Per Hour Rate  | 6,500 CVE (65 USD) | 45,000 MGA (10.35 USD) |
Professional Services cost 5.46 times more in Cabo Verde, as compared to Madagascar.
We hope you enjoyed the detailed guide on the cost of living comparsion between Cabo Verde and Madagascar.
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