Published: Monday, 21th October 2024
The cost of living in Cabo Verde is 1.42 times more expensive as compared to Malawi.
On this page, you will find side-by-side cost comparison between Cabo Verde and Malawi. 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 Malawi.
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 Indicators  | Cabo Verde  | Malawi  |
|---|---|---|
1 BHK Apartment in City Center  | 50,000 CVE (500 USD) | 400,000 MWK (356 USD) |
2 BHK Apartment in City Center  | 80,000 CVE (800 USD) | 700,000 MWK (623 USD) |
3 BHK Apartment in City Center  | 120,000 CVE (1,200 USD) | 1,200,000 MWK (1,068 USD) |
1 BHK Apartment outside City Center  | 30,000 CVE (300 USD) | 150,000 MWK (133.50 USD) |
2 BHK Apartment outside City Center  | 50,000 CVE (500 USD) | 300,000 MWK (267 USD) |
3 BHK Apartment outside City Center  | 80,000 CVE (800 USD) | 500,000 MWK (445 USD) |
Mortgage Rates Per Month  | 5 % | 1.5 % |
Realtor Commission  | 3 % | 3 % |
Property Taxes  | 0.25 to 0.5 % | Yet to Update |
The average housing cost in Cabo Verde is 1.36 times more expensive than Malawi.
Indicators | Cabo Verde | Malawi |
|---|---|---|
Basic Home Furnishing  | 30,000 CVE (300 USD) | 2,000,000 MWK (1,780 USD) |
Electricity Cost Per Month  | 7,000 CVE (70 USD) | 40,000 MWK (35.60 USD) |
Heating Cost Per Month  | 6,000 CVE (60 USD) | 20,000 MWK (17.80 USD) |
Cooling Cost Per Month  | 5,000 CVE (50 USD) | 15,000 MWK (13.35 USD) |
Water Supply Cost Per Month  | 5,000 CVE (50 USD) | 15,000 MWK (13.35 USD) |
If you lived in Cabo Verde, instead of Malawi, you would have to pay 71.51% less for Utilities.
The basic home furnishing in Cabo Verde costs 5.93 times less compared to Malawi.
Indicators | Cabo Verde | Malawi |
|---|---|---|
Standard Wifi Cost Per Month  | 8,000 CVE (80 USD) | 25,000 MWK (22.25 USD) |
Mobile Phone Basic Plan Cost Per Month  | 3,500 CVE (35 USD) | 15,000 MWK (13.35 USD) |
Landline Basic Plan Cost Per Month  | 4,000 CVE (40 USD) | 10,000 MWK (8.90 USD) |
Cable TV Basic Plan Cost Per Month  | 6,000 CVE (60 USD) | 20,000 MWK (17.80 USD) |
The internet and communication costs 245.10% more in Cabo Verde compared to Malawi.
Indicators | Cabo Verde | Malawi |
|---|---|---|
Long Grain Rice (1 KG)  | 1,800 CVE (18 USD) | 3,000 MWK (2.67 USD) |
Milk (1 Liter)  | 1,000 CVE (10 USD) | 1,500 MWK (1.33 USD) |
Water (1 Liter)  | 300 CVE (3 USD) | 1,000 MWK (0.89 USD) |
Bread (500 gm)  | 400 CVE (4 USD) | 1,000 MWK (0.89 USD) |
Eggs (1 Dozen)  | 1,200 CVE (12 USD) | 2,000 MWK (1.78 USD) |
Cheese (1 KG)  | 2,500 CVE (25 USD) | 12,000 MWK (10.68 USD) |
Chicken Breast (1 KG)  | 2,000 CVE (20 USD) | 10,000 MWK (8.90 USD) |
In Cabo Verde, the cost of 1 Liter Water and 1 Liter Milk is 5.84 times more expensive than the cost in Malawi.
If you lived in Cabo Verde, instead of Malawi, you would have to pay 238.92% more for Groceries.
Indicators | Cabo Verde | Malawi |
|---|---|---|
Apples (1 KG)  | 1,200 CVE (12 USD) | 4,000 MWK (3.56 USD) |
Bananas (1 KG)  | 700 CVE (7 USD) | 2,500 MWK (2.23 USD) |
Oranges (1 KG)  | 900 CVE (9 USD) | 3,000 MWK (2.67 USD) |
Tomatoes (1 KG)  | 800 CVE (8 USD) | 2,500 MWK (2.23 USD) |
Potatoes (1 KG)  | 600 CVE (6 USD) | 2,000 MWK (1.78 USD) |
Lemons (1 KG)  | 1,200 CVE (12 USD) | 3,500 MWK (3.11 USD) |
Onions (1 KG)  | 700 CVE (7 USD) | 2,500 MWK (2.23 USD) |
Lentils (1 KG)  | 1,900 CVE (19 USD) | 3,500 MWK (3.11 USD) |
If you lived in Cabo Verde, instead of Malawi, you would have to pay 3.83 times more for Fruits and Vegetables.
Indicators | Cabo Verde | Malawi |
|---|---|---|
Meal at a Resonable Restaurant  | 2,500 CVE (25 USD) | 10,000 MWK (8.90 USD) |
Three-Course Meal for Two  | 7,000 CVE (70 USD) | 35,000 MWK (31.15 USD) |
Fast Food Combo Meal  | 1,500 CVE (15 USD) | 8,000 MWK (7.12 USD) |
Normal Coffee  | 300 CVE (3 USD) | 1,500 MWK (1.33 USD) |
Soft Drink  | 200 CVE (2 USD) | 1,000 MWK (0.89 USD) |
Pizza for One  | 2,500 CVE (25 USD) | 15,000 MWK (13.35 USD) |
Take-Out Delivery Meal  | 2,000 CVE (20 USD) | 20,000 MWK (17.80 USD) |
Cigarette Pack of 20  | 800 CVE (8 USD) | 6,000 MWK (5.34 USD) |
Dining-Out costs 95.61% more in Cabo Verde compared to Malawi.
Indicators | Cabo Verde | Malawi |
|---|---|---|
Wine Mid-Range Bottle  | 3,000 CVE (30 USD) | 15,000 MWK (13.35 USD) |
Glass of Wine  | 1,000 CVE (10 USD) | 5,000 MWK (4.45 USD) |
Domestic Beer Half Liter  | 500 CVE (5 USD) | 2,000 MWK (1.78 USD) |
Imported Beer Half Liter  | 700 CVE (7 USD) | 3,000 MWK (2.67 USD) |
Domestic Alcohol 1 Liter  | 2,000 CVE (20 USD) | 20,000 MWK (17.80 USD) |
Branded Alcohol 1 Liter  | 3,500 CVE (35 USD) | 30,000 MWK (26.70 USD) |
If you lived in Cabo Verde, instead of Malawi, you would have to pay 1.60 times more for usual hard drinks.
Indicators | Cabo Verde | Malawi |
|---|---|---|
Monthly Public Transportation Pass  | 5,000 CVE (50 USD) | 30,000 MWK (26.70 USD) |
Single Public Transportation Ticket  | 150 CVE (1.50 USD) | 500 MWK (0.44 USD) |
Single Train Ticket  | Yet to Update () | Yet to Update () |
Domestic Airplane Ticket  | 15,000 CVE (150 USD) | 200,000 MWK (178 USD) |
Taxi Start Fare  | 300 CVE (3 USD) | 1,500 MWK (1.33 USD) |
Taxi Rate Per Kilometer  | 200 CVE (2 USD) | 800 MWK (0.71 USD) |
Car Rental Per Day  | 10,000 CVE (100 USD) | 50,000 MWK (44.50 USD) |
Parking Fees in City Center Per Hour  | 200 CVE (2 USD) | 1,000 MWK (0.89 USD) |
Parking Fees outside City Center Per Hour  | 100 CVE (1 USD) | 500 MWK (0.44 USD) |
If you lived in Cabo Verde, instead of Malawi, you would have to pay 1.22 times more for transportation.
Indicators | Cabo Verde | Malawi |
|---|---|---|
Reasonable Vehicle Purchase Cost  | 3,000,000 CVE (30,000 USD) | 30,000,000 MWK (26,700 USD) |
Vehicle Registration Cost  | 30,000 CVE (300 USD) | 100,000 MWK (89 USD) |
Driving License Fees  | 10,000 CVE (100 USD) | 50,000 MWK (44.50 USD) |
Car Insurance Cost  | 50,000 CVE (500 USD) | 200,000 MWK (178 USD) |
Car Maintenance Cost  | 20,000 CVE (200 USD) | 100,000 MWK (89 USD) |
Car Loan Interest Rates  | 6 % | 15 % |
Fuel Per Liter  | 150 CVE (1.50 USD) | 1,500 MWK (1.33 USD) |
Fuel Per Gallon  | 600 CVE (6 USD) | 6,000 MWK (5.34 USD) |
Average Toll Fees  | Yet to Update | Yet to Update |
You would have to pay 1.15 times more for Vehicle purchase, daily operation and maintenance in Cabo Verde compared to that of Malawi.
Indicators | Cabo Verde | Malawi |
|---|---|---|
Doctor Visit  | 2,500 CVE (25 USD) | 30,000 MWK (26.70 USD) |
Specialist Visit  | 5,000 CVE (50 USD) | 60,000 MWK (53.40 USD) |
Dentist Visit  | 4,000 CVE (40 USD) | 40,000 MWK (35.60 USD) |
Eye Exam  | 2,000 CVE (20 USD) | 20,000 MWK (17.80 USD) |
Mental Health Counseling  | 5,000 CVE (50 USD) | 50,000 MWK (44.50 USD) |
Preventive Health Screening  | 3,000 CVE (30 USD) | 25,000 MWK (22.25 USD) |
Physical Therapy  | 3,000 CVE (30 USD) | 40,000 MWK (35.60 USD) |
Emergency Room Visit  | 5,000 CVE (50 USD) | 100,000 MWK (89 USD) |
Hospital Stay Per Night  | 10,000 CVE (100 USD) | 150,000 MWK (133.50 USD) |
Vaccinations  | 2,000 CVE (20 USD) | 20,000 MWK (17.80 USD) |
Prescription Medication  | 1,000 CVE (10 USD) | 10,000 MWK (8.90 USD) |
Over the Counter Medication  | 600 CVE (6 USD) | 5,000 MWK (4.45 USD) |
Health Insurance Premiums  | 20,000 CVE (200 USD) | 80,000 MWK (71.20 USD) |
Health Insurance Deductibles  | 10,000 CVE (100 USD) | 20,000 MWK (17.80 USD) |
If you lived in Cabo Verde, instead of Malawi, you would have to pay 1.26 times more for Health and Medical Treatment.
Indicators | Cabo Verde | Malawi |
|---|---|---|
Cosmetic Procedures  | 15,000 CVE (150 USD) | 700,000 MWK (623 USD) |
Spa Treatment  | 8,000 CVE (80 USD) | 50,000 MWK (44.50 USD) |
Manicure Pedicure Cost  | 2,500 CVE (25 USD) | 30,000 MWK (26.70 USD) |
Optical Glasses Cost  | 5,000 CVE (50 USD) | 100,000 MWK (89 USD) |
Contact Lenses Cost  | 3,000 CVE (30 USD) | 70,000 MWK (62.30 USD) |
Haircuts  | 1,000 CVE (10 USD) | 15,000 MWK (13.35 USD) |
Hair Coloring  | 2,500 CVE (25 USD) | 30,000 MWK (26.70 USD) |
Shampoo Price  | 400 CVE (4 USD) | 2,500 MWK (2.23 USD) |
Toothpaste Price  | 200 CVE (2 USD) | 1,000 MWK (0.89 USD) |
If you lived in Cabo Verde, instead of Malawi, you would have to pay 2.36 times less for Personal Care Items and Treatment.
Indicators | Cabo Verde | Malawi |
|---|---|---|
Pair of Nike Running Shoes  | 20,000 CVE (200 USD) | 100,000 MWK (89 USD) |
Men's Shirt  | 4,000 CVE (40 USD) | 50,000 MWK (44.50 USD) |
Women's Dress  | 7,000 CVE (70 USD) | 80,000 MWK (71.20 USD) |
Summer Dress  | 5,000 CVE (50 USD) | 50,000 MWK (44.50 USD) |
Men's Suit  | 40,000 CVE (400 USD) | 250,000 MWK (222.50 USD) |
Men's Jeans  | 6,000 CVE (60 USD) | 60,000 MWK (53.40 USD) |
Women's Jeans  | 5,000 CVE (50 USD) | 50,000 MWK (44.50 USD) |
Men's Formal Shoes  | 12,000 CVE (120 USD) | 90,000 MWK (80.10 USD) |
Women's Formal Shoes  | 10,000 CVE (100 USD) | 80,000 MWK (71.20 USD) |
Men's Casual Shoes  | 8,000 CVE (80 USD) | 70,000 MWK (62.30 USD) |
Women's Casual Shoes  | 6,000 CVE (60 USD) | 60,000 MWK (53.40 USD) |
Underwear For Men  | 1,000 CVE (10 USD) | 15,000 MWK (13.35 USD) |
Underwear For Women  | 1,000 CVE (10 USD) | 20,000 MWK (17.80 USD) |
Socks For Men  | 400 CVE (4 USD) | 5,000 MWK (4.45 USD) |
Socks For Women  | 400 CVE (4 USD) | 5,000 MWK (4.45 USD) |
Wintercoat for Adults  | 15,000 CVE (150 USD) | 100,000 MWK (89 USD) |
Sportswear  | 8,000 CVE (80 USD) | 60,000 MWK (53.40 USD) |
If you lived in Cabo Verde, instead of Malawi, you would have to pay 1.46 times more for Clothing and Footwear for Adults.
Indicators | Cabo Verde | Malawi |
|---|---|---|
Children's Jeans  | 3,000 CVE (30 USD) | 30,000 MWK (26.70 USD) |
Children's Normal Sneakers  | 4,000 CVE (40 USD) | 40,000 MWK (35.60 USD) |
Children's Winter Coat  | 5,000 CVE (50 USD) | 60,000 MWK (53.40 USD) |
Daycare for Infant  | 40,000 CVE (400 USD) | 70,000 MWK (62.30 USD) |
Daycare for Toddler  | 35,000 CVE (350 USD) | 60,000 MWK (53.40 USD) |
Childcare for Sick Days  | 12,000 CVE (120 USD) | 20,000 MWK (17.80 USD) |
Early Childhood Education Programs  | 60,000 CVE (600 USD) | 50,000 MWK (44.50 USD) |
Extra Curricular Activities  | 20,000 CVE (200 USD) | 25,000 MWK (22.25 USD) |
Summer Camp for Kids  | 50,000 CVE (500 USD) | 100,000 MWK (89 USD) |
If you lived in Cabo Verde, instead of Malawi, you would have to pay 5.66 times more for Childcare and kids clothing.
Indicators | Cabo Verde | Malawi |
|---|---|---|
PreSchool Fees  | 30,000 CVE (300 USD) | 90,000 MWK (80.10 USD) |
Primary School Fees  | 50,000 CVE (500 USD) | 200,000 MWK (178 USD) |
Secondary School Fees  | 70,000 CVE (700 USD) | 300,000 MWK (267 USD) |
Private School Fees  | 150,000 CVE (1,500 USD) | 600,000 MWK (534 USD) |
University Tuition Fees  | 250,000 CVE (2,500 USD) | 1,200,000 MWK (1,068 USD) |
University Private Tuition Fees  | 400,000 CVE (4,000 USD) | 1,500,000 MWK (1,335 USD) |
After School Activities  | 20,000 CVE (200 USD) | 25,000 MWK (22.25 USD) |
Special Education Services  | 30,000 CVE (300 USD) | 50,000 MWK (44.50 USD) |
Tutoring  | 25,000 CVE (250 USD) | 20,000 MWK (17.80 USD) |
Textbooks Cost  | 15,000 CVE (150 USD) | 25,000 MWK (22.25 USD) |
School Supplies  | 8,000 CVE (80 USD) | 15,000 MWK (13.35 USD) |
If you lived in Cabo Verde, instead of Malawi, you would have to pay 2.93 times more for school and education.
Indicators | Cabo Verde | Malawi |
|---|---|---|
Movie Ticket (Single)  | 1,000 CVE (10 USD) | 2,000 MWK (1.78 USD) |
Theater Ticket (Single)  | 2,500 CVE (25 USD) | 5,000 MWK (4.45 USD) |
Concert Ticket (Single)  | 4,000 CVE (40 USD) | 10,000 MWK (8.90 USD) |
Sports Event Ticket (Single)  | 3,000 CVE (30 USD) | 15,000 MWK (13.35 USD) |
Gym Membership  | 5,000 CVE (50 USD) | 30,000 MWK (26.70 USD) |
Swimming Pool Access  | 4,000 CVE (40 USD) | 10,000 MWK (8.90 USD) |
Museum Entry Ticket  | 800 CVE (8 USD) | 2,000 MWK (1.78 USD) |
Zoo Entry Ticket  | 1,000 CVE (10 USD) | 3,000 MWK (2.67 USD) |
Amusement Park Entry Ticket  | 2,500 CVE (25 USD) | 10,000 MWK (8.90 USD) |
Bowling  | 1,500 CVE (15 USD) | 15,000 MWK (13.35 USD) |
Mini Golf  | 1,200 CVE (12 USD) | 10,000 MWK (8.90 USD) |
Video Games  | 7,000 CVE (70 USD) | 60,000 MWK (53.40 USD) |
Streaming Services  | 4,000 CVE (40 USD) | 15,000 MWK (13.35 USD) |
Outdoor Equipment Rental  | 1,500 CVE (15 USD) | 10,000 MWK (8.90 USD) |
Theme Park Annual Pass  | 20,000 CVE (200 USD) | 150,000 MWK (133.50 USD) |
If you lived in Cabo Verde, instead of Malawi, you would have to pay 1.91 times more for entertainment, recreation and fun activities.
Indicators | Cabo Verde | Malawi |
|---|---|---|
Language Classes  | 25,000 CVE (250 USD) | 30,000 MWK (26.70 USD) |
Parenting Classes  | 15,000 CVE (150 USD) | 20,000 MWK (17.80 USD) |
Art Classes  | 2,500 CVE (25 USD) | 35,000 MWK (31.15 USD) |
Fitness Classes  | 1,500 CVE (15 USD) | 20,000 MWK (17.80 USD) |
Music Lessons  | 3,000 CVE (30 USD) | 30,000 MWK (26.70 USD) |
Dance Lessons  | 3,000 CVE (30 USD) | 25,000 MWK (22.25 USD) |
Reading Materials for Classes  | 1,000 CVE (10 USD) | 5,000 MWK (4.45 USD) |
Educational Software  | 18,000 CVE (180 USD) | 50,000 MWK (44.50 USD) |
If you lived in Cabo Verde, instead of Malawi, you would have to pay 3.61 times more for Private Classes.
Indicators | Cabo Verde | Malawi |
|---|---|---|
Average Gross Monthly Salary  | 80,000 CVE (800 USD) | 300,000 MWK (267 USD) |
Average Net Monthly Salary  | 70,000 CVE (700 USD) | 200,000 MWK (178 USD) |
Minimum Wages  | 1,333.33 CVE per hour (13.33 USD) | 1,666.67 MWK per hour (1.48 USD) |
Average Bonus  | 20,000 CVE (200 USD) | 20,000 MWK (17.80 USD) |
Income Tax Rate  | 0 to 15 % | 0 to 16.5 % |
Social Security Contributions  | 10 % | 5 % |
Pension Contributions  | 8 % | 10 % |
Cost of Living Index  | 60 | 45 |
Median Household Income  | 150,000 CVE (1,500 USD) | 250,000 MWK (222.50 USD) |
If you lived in Cabo Verde, you would earn 4.68 times more salary as compared to Malawi.
Indicators | Cabo Verde | Malawi |
|---|---|---|
Legal Consultation Per Hour Rate  | 7,000 CVE (70 USD) | 50,000 MWK (44.50 USD) |
Accounting Services Per Hour Rate  | 5,000 CVE (50 USD) | 60,000 MWK (53.40 USD) |
IT Support Services Per Hour Rate  | 6,000 CVE (60 USD) | 40,000 MWK (35.60 USD) |
Technician Services Per Hour Rate  | 6,500 CVE (65 USD) | 45,000 MWK (40.05 USD) |
Professional Services cost 1.41 times more in Cabo Verde, as compared to Malawi.
We hope you enjoyed the detailed guide on the cost of living comparsion between Cabo Verde and Malawi.
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