Published: Monday, 21th October 2024
The cost of living in Ghana is 3.65 times less expensive as compared to Malawi.
On this page, you will find side-by-side cost comparison between Ghana 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 Ghana and Malawi.
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Indicators | Ghana | Malawi |
---|---|---|
1 BHK Apartment in City Center | 1,500 GHS (129 USD) | 400,000 MWK (356 USD) |
2 BHK Apartment in City Center | 2,500 GHS (215 USD) | 700,000 MWK (623 USD) |
3 BHK Apartment in City Center | 3,500 GHS (301 USD) | 1,200,000 MWK (1,068 USD) |
1 BHK Apartment outside City Center | 1,000 GHS (86 USD) | 150,000 MWK (133.50 USD) |
2 BHK Apartment outside City Center | 1,800 GHS (154.80 USD) | 300,000 MWK (267 USD) |
3 BHK Apartment outside City Center | 2,500 GHS (215 USD) | 500,000 MWK (445 USD) |
Mortgage Rates Per Month | 14 % | 1.5 % |
Realtor Commission | 5 % | 3 % |
Property Taxes | 0.5 to 1.0 % | Yet to Update |
The average housing cost in Ghana is 2.74 times less expensive than Malawi.
Indicators | Ghana | Malawi |
---|---|---|
Basic Home Furnishing | 1,500 GHS (129 USD) | 2,000,000 MWK (1,780 USD) |
Electricity Cost Per Month | 200 GHS (17.20 USD) | 40,000 MWK (35.60 USD) |
Heating Cost Per Month | 250 GHS (21.50 USD) | 20,000 MWK (17.80 USD) |
Cooling Cost Per Month | 100 GHS (8.60 USD) | 15,000 MWK (13.35 USD) |
Water Supply Cost Per Month | 60 GHS (5.16 USD) | 15,000 MWK (13.35 USD) |
If you lived in Ghana, instead of Malawi, you would have to pay 90.24% less for Utilities.
The basic home furnishing in Ghana costs 13.80 times less compared to Malawi.
Indicators | Ghana | Malawi |
---|---|---|
Standard Wifi Cost Per Month | 80 GHS (6.88 USD) | 25,000 MWK (22.25 USD) |
Mobile Phone Basic Plan Cost Per Month | 50 GHS (4.30 USD) | 15,000 MWK (13.35 USD) |
Landline Basic Plan Cost Per Month | 30 GHS (2.58 USD) | 10,000 MWK (8.90 USD) |
Cable TV Basic Plan Cost Per Month | 70 GHS (6.02 USD) | 20,000 MWK (17.80 USD) |
The internet and communication costs 68.25% less in Ghana compared to Malawi.
Indicators | Ghana | Malawi |
---|---|---|
Long Grain Rice (1 KG) | 8 GHS (0.69 USD) | 3,000 MWK (2.67 USD) |
Milk (1 Liter) | 6 GHS (0.52 USD) | 1,500 MWK (1.33 USD) |
Water (1 Liter) | 1.50 GHS (0.13 USD) | 1,000 MWK (0.89 USD) |
Bread (500 gm) | 3.50 GHS (0.30 USD) | 1,000 MWK (0.89 USD) |
Eggs (1 Dozen) | 10 GHS (0.86 USD) | 2,000 MWK (1.78 USD) |
Cheese (1 KG) | 25 GHS (2.15 USD) | 12,000 MWK (10.68 USD) |
Chicken Breast (1 KG) | 35 GHS (3.01 USD) | 10,000 MWK (8.90 USD) |
In Ghana, the cost of 1 Liter Water and 1 Liter Milk is 3.45 times less expensive than the cost in Malawi.
If you lived in Ghana, instead of Malawi, you would have to pay 71.80% less for Groceries.
Indicators | Ghana | Malawi |
---|---|---|
Apples (1 KG) | 8 GHS (0.69 USD) | 4,000 MWK (3.56 USD) |
Bananas (1 KG) | 6 GHS (0.52 USD) | 2,500 MWK (2.23 USD) |
Oranges (1 KG) | 7 GHS (0.60 USD) | 3,000 MWK (2.67 USD) |
Tomatoes (1 KG) | 5 GHS (0.43 USD) | 2,500 MWK (2.23 USD) |
Potatoes (1 KG) | 4 GHS (0.34 USD) | 2,000 MWK (1.78 USD) |
Lemons (1 KG) | 10 GHS (0.86 USD) | 3,500 MWK (3.11 USD) |
Onions (1 KG) | 4.50 GHS (0.39 USD) | 2,500 MWK (2.23 USD) |
Lentils (1 KG) | 8 GHS (0.69 USD) | 3,500 MWK (3.11 USD) |
If you lived in Ghana, instead of Malawi, you would have to pay 4.63 times less for Fruits and Vegetables.
Indicators | Ghana | Malawi |
---|---|---|
Meal at a Resonable Restaurant | 30 GHS (2.58 USD) | 10,000 MWK (8.90 USD) |
Three-Course Meal for Two | 100 GHS (8.60 USD) | 35,000 MWK (31.15 USD) |
Fast Food Combo Meal | 20 GHS (1.72 USD) | 8,000 MWK (7.12 USD) |
Normal Coffee | 7 GHS (0.60 USD) | 1,500 MWK (1.33 USD) |
Soft Drink | 3 GHS (0.26 USD) | 1,000 MWK (0.89 USD) |
Pizza for One | 30 GHS (2.58 USD) | 15,000 MWK (13.35 USD) |
Take-Out Delivery Meal | 35 GHS (3.01 USD) | 20,000 MWK (17.80 USD) |
Cigarette Pack of 20 | 10 GHS (0.86 USD) | 6,000 MWK (5.34 USD) |
Dining-Out costs 76.47% less in Ghana compared to Malawi.
Indicators | Ghana | Malawi |
---|---|---|
Wine Mid-Range Bottle | 50 GHS (4.30 USD) | 15,000 MWK (13.35 USD) |
Glass of Wine | 12 GHS (1.03 USD) | 5,000 MWK (4.45 USD) |
Domestic Beer Half Liter | 5 GHS (0.43 USD) | 2,000 MWK (1.78 USD) |
Imported Beer Half Liter | 7 GHS (0.60 USD) | 3,000 MWK (2.67 USD) |
Domestic Alcohol 1 Liter | 35 GHS (3.01 USD) | 20,000 MWK (17.80 USD) |
Branded Alcohol 1 Liter | 60 GHS (5.16 USD) | 30,000 MWK (26.70 USD) |
If you lived in Ghana, instead of Malawi, you would have to pay 4.59 times less for usual hard drinks.
Indicators | Ghana | Malawi |
---|---|---|
Monthly Public Transportation Pass | 60 GHS (5.16 USD) | 30,000 MWK (26.70 USD) |
Single Public Transportation Ticket | 2 GHS (0.17 USD) | 500 MWK (0.44 USD) |
Single Train Ticket | 50 GHS (4.30 USD) | Yet to Update () |
Domestic Airplane Ticket | 150 GHS (12.90 USD) | 200,000 MWK (178 USD) |
Taxi Start Fare | 10 GHS (0.86 USD) | 1,500 MWK (1.33 USD) |
Taxi Rate Per Kilometer | 2 GHS (0.17 USD) | 800 MWK (0.71 USD) |
Car Rental Per Day | 60 GHS (5.16 USD) | 50,000 MWK (44.50 USD) |
Parking Fees in City Center Per Hour | 10 GHS (0.86 USD) | 1,000 MWK (0.89 USD) |
Parking Fees outside City Center Per Hour | 5 GHS (0.43 USD) | 500 MWK (0.44 USD) |
If you lived in Ghana, instead of Malawi, you would have to pay 8.43 times less for transportation.
Indicators | Ghana | Malawi |
---|---|---|
Reasonable Vehicle Purchase Cost | 35,000 GHS (3,010 USD) | 30,000,000 MWK (26,700 USD) |
Vehicle Registration Cost | 300 GHS (25.80 USD) | 100,000 MWK (89 USD) |
Driving License Fees | 200 GHS (17.20 USD) | 50,000 MWK (44.50 USD) |
Car Insurance Cost | 500 GHS (43 USD) | 200,000 MWK (178 USD) |
Car Maintenance Cost | 150 GHS (12.90 USD) | 100,000 MWK (89 USD) |
Car Loan Interest Rates | 15 % | 15 % |
Fuel Per Liter | 7 GHS (0.60 USD) | 1,500 MWK (1.33 USD) |
Fuel Per Gallon | 26 GHS (2.24 USD) | 6,000 MWK (5.34 USD) |
Average Toll Fees | Yet to Update | Yet to Update |
You would have to pay 8.71 times less for Vehicle purchase, daily operation and maintenance in Ghana compared to that of Malawi.
Indicators | Ghana | Malawi |
---|---|---|
Doctor Visit | 100 GHS (8.60 USD) | 30,000 MWK (26.70 USD) |
Specialist Visit | 150 GHS (12.90 USD) | 60,000 MWK (53.40 USD) |
Dentist Visit | 90 GHS (7.74 USD) | 40,000 MWK (35.60 USD) |
Eye Exam | 60 GHS (5.16 USD) | 20,000 MWK (17.80 USD) |
Mental Health Counseling | 120 GHS (10.32 USD) | 50,000 MWK (44.50 USD) |
Preventive Health Screening | 70 GHS (6.02 USD) | 25,000 MWK (22.25 USD) |
Physical Therapy | 90 GHS (7.74 USD) | 40,000 MWK (35.60 USD) |
Emergency Room Visit | 150 GHS (12.90 USD) | 100,000 MWK (89 USD) |
Hospital Stay Per Night | 250 GHS (21.50 USD) | 150,000 MWK (133.50 USD) |
Vaccinations | 40 GHS (3.44 USD) | 20,000 MWK (17.80 USD) |
Prescription Medication | 30 GHS (2.58 USD) | 10,000 MWK (8.90 USD) |
Over the Counter Medication | 15 GHS (1.29 USD) | 5,000 MWK (4.45 USD) |
Health Insurance Premiums | 200 GHS (17.20 USD) | 80,000 MWK (71.20 USD) |
Health Insurance Deductibles | 100 GHS (8.60 USD) | 20,000 MWK (17.80 USD) |
If you lived in Ghana, instead of Malawi, you would have to pay 4.59 times less for Health and Medical Treatment.
Indicators | Ghana | Malawi |
---|---|---|
Cosmetic Procedures | 250 GHS (21.50 USD) | 700,000 MWK (623 USD) |
Spa Treatment | 120 GHS (10.32 USD) | 50,000 MWK (44.50 USD) |
Manicure Pedicure Cost | 60 GHS (5.16 USD) | 30,000 MWK (26.70 USD) |
Optical Glasses Cost | 120 GHS (10.32 USD) | 100,000 MWK (89 USD) |
Contact Lenses Cost | 200 GHS (17.20 USD) | 70,000 MWK (62.30 USD) |
Haircuts | 30 GHS (2.58 USD) | 15,000 MWK (13.35 USD) |
Hair Coloring | 70 GHS (6.02 USD) | 30,000 MWK (26.70 USD) |
Shampoo Price | 10 GHS (0.86 USD) | 2,500 MWK (2.23 USD) |
Toothpaste Price | 3 GHS (0.26 USD) | 1,000 MWK (0.89 USD) |
If you lived in Ghana, instead of Malawi, you would have to pay 11.97 times less for Personal Care Items and Treatment.
Indicators | Ghana | Malawi |
---|---|---|
Pair of Nike Running Shoes | 400 GHS (34.40 USD) | 100,000 MWK (89 USD) |
Men's Shirt | 90 GHS (7.74 USD) | 50,000 MWK (44.50 USD) |
Women's Dress | 100 GHS (8.60 USD) | 80,000 MWK (71.20 USD) |
Summer Dress | 60 GHS (5.16 USD) | 50,000 MWK (44.50 USD) |
Men's Suit | 800 GHS (68.80 USD) | 250,000 MWK (222.50 USD) |
Men's Jeans | 150 GHS (12.90 USD) | 60,000 MWK (53.40 USD) |
Women's Jeans | 130 GHS (11.18 USD) | 50,000 MWK (44.50 USD) |
Men's Formal Shoes | 200 GHS (17.20 USD) | 90,000 MWK (80.10 USD) |
Women's Formal Shoes | 200 GHS (17.20 USD) | 80,000 MWK (71.20 USD) |
Men's Casual Shoes | 120 GHS (10.32 USD) | 70,000 MWK (62.30 USD) |
Women's Casual Shoes | 120 GHS (10.32 USD) | 60,000 MWK (53.40 USD) |
Underwear For Men | 15 GHS (1.29 USD) | 15,000 MWK (13.35 USD) |
Underwear For Women | 20 GHS (1.72 USD) | 20,000 MWK (17.80 USD) |
Socks For Men | 8 GHS (0.69 USD) | 5,000 MWK (4.45 USD) |
Socks For Women | 9 GHS (0.77 USD) | 5,000 MWK (4.45 USD) |
Wintercoat for Adults | 150 GHS (12.90 USD) | 100,000 MWK (89 USD) |
Sportswear | 70 GHS (6.02 USD) | 60,000 MWK (53.40 USD) |
If you lived in Ghana, instead of Malawi, you would have to pay 4.49 times less for Clothing and Footwear for Adults.
Indicators | Ghana | Malawi |
---|---|---|
Children's Jeans | 50 GHS (4.30 USD) | 30,000 MWK (26.70 USD) |
Children's Normal Sneakers | 80 GHS (6.88 USD) | 40,000 MWK (35.60 USD) |
Children's Winter Coat | 100 GHS (8.60 USD) | 60,000 MWK (53.40 USD) |
Daycare for Infant | 2,000 GHS (172 USD) | 70,000 MWK (62.30 USD) |
Daycare for Toddler | 1,800 GHS (154.80 USD) | 60,000 MWK (53.40 USD) |
Childcare for Sick Days | 60 GHS (5.16 USD) | 20,000 MWK (17.80 USD) |
Early Childhood Education Programs | 1,500 GHS (129 USD) | 50,000 MWK (44.50 USD) |
Extra Curricular Activities | 300 GHS (25.80 USD) | 25,000 MWK (22.25 USD) |
Summer Camp for Kids | 700 GHS (60.20 USD) | 100,000 MWK (89 USD) |
If you lived in Ghana, instead of Malawi, you would have to pay 1.40 times more for Childcare and kids clothing.
Indicators | Ghana | Malawi |
---|---|---|
PreSchool Fees | 1,500 GHS (129 USD) | 90,000 MWK (80.10 USD) |
Primary School Fees | 2,500 GHS (215 USD) | 200,000 MWK (178 USD) |
Secondary School Fees | 4,000 GHS (344 USD) | 300,000 MWK (267 USD) |
Private School Fees | 7,000 GHS (602 USD) | 600,000 MWK (534 USD) |
University Tuition Fees | 12,000 GHS (1,032 USD) | 1,200,000 MWK (1,068 USD) |
University Private Tuition Fees | 18,000 GHS (1,548 USD) | 1,500,000 MWK (1,335 USD) |
After School Activities | 300 GHS (25.80 USD) | 25,000 MWK (22.25 USD) |
Special Education Services | 600 GHS (51.60 USD) | 50,000 MWK (44.50 USD) |
Tutoring | 70 GHS (6.02 USD) | 20,000 MWK (17.80 USD) |
Textbooks Cost | 60 GHS (5.16 USD) | 25,000 MWK (22.25 USD) |
School Supplies | 40 GHS (3.44 USD) | 15,000 MWK (13.35 USD) |
If you lived in Ghana, instead of Malawi, you would have to pay 1.11 times more for school and education.
Indicators | Ghana | Malawi |
---|---|---|
Movie Ticket (Single) | 20 GHS (1.72 USD) | 2,000 MWK (1.78 USD) |
Theater Ticket (Single) | 40 GHS (3.44 USD) | 5,000 MWK (4.45 USD) |
Concert Ticket (Single) | 50 GHS (4.30 USD) | 10,000 MWK (8.90 USD) |
Sports Event Ticket (Single) | 30 GHS (2.58 USD) | 15,000 MWK (13.35 USD) |
Gym Membership | 60 GHS (5.16 USD) | 30,000 MWK (26.70 USD) |
Swimming Pool Access | 30 GHS (2.58 USD) | 10,000 MWK (8.90 USD) |
Museum Entry Ticket | 10 GHS (0.86 USD) | 2,000 MWK (1.78 USD) |
Zoo Entry Ticket | 20 GHS (1.72 USD) | 3,000 MWK (2.67 USD) |
Amusement Park Entry Ticket | 40 GHS (3.44 USD) | 10,000 MWK (8.90 USD) |
Bowling | 15 GHS (1.29 USD) | 15,000 MWK (13.35 USD) |
Mini Golf | 10 GHS (0.86 USD) | 10,000 MWK (8.90 USD) |
Video Games | 70 GHS (6.02 USD) | 60,000 MWK (53.40 USD) |
Streaming Services | 40 GHS (3.44 USD) | 15,000 MWK (13.35 USD) |
Outdoor Equipment Rental | 30 GHS (2.58 USD) | 10,000 MWK (8.90 USD) |
Theme Park Annual Pass | 600 GHS (51.60 USD) | 150,000 MWK (133.50 USD) |
If you lived in Ghana, instead of Malawi, you would have to pay 3.37 times less for entertainment, recreation and fun activities.
Indicators | Ghana | Malawi |
---|---|---|
Language Classes | 300 GHS (25.80 USD) | 30,000 MWK (26.70 USD) |
Parenting Classes | 150 GHS (12.90 USD) | 20,000 MWK (17.80 USD) |
Art Classes | 50 GHS (4.30 USD) | 35,000 MWK (31.15 USD) |
Fitness Classes | 20 GHS (1.72 USD) | 20,000 MWK (17.80 USD) |
Music Lessons | 60 GHS (5.16 USD) | 30,000 MWK (26.70 USD) |
Dance Lessons | 80 GHS (6.88 USD) | 25,000 MWK (22.25 USD) |
Reading Materials for Classes | 20 GHS (1.72 USD) | 5,000 MWK (4.45 USD) |
Educational Software | 200 GHS (17.20 USD) | 50,000 MWK (44.50 USD) |
If you lived in Ghana, instead of Malawi, you would have to pay 2.53 times less for Private Classes.
Indicators | Ghana | Malawi |
---|---|---|
Average Gross Monthly Salary | 4,000 GHS (344 USD) | 300,000 MWK (267 USD) |
Average Net Monthly Salary | 2,800 GHS (240.80 USD) | 200,000 MWK (178 USD) |
Minimum Wages | 60 GHS per hour (5.16 USD) | 1,666.67 MWK per hour (1.48 USD) |
Average Bonus | 400 GHS (34.40 USD) | 20,000 MWK (17.80 USD) |
Income Tax Rate | 0 to 12.5 % | 0 to 16.5 % |
Social Security Contributions | 6 % | 5 % |
Pension Contributions | 5 % | 10 % |
Cost of Living Index | 50 | 45 |
Median Household Income | 7,000 GHS (602 USD) | 250,000 MWK (222.50 USD) |
If you lived in Ghana, you would earn 1.79 times more salary as compared to Malawi.
Indicators | Ghana | Malawi |
---|---|---|
Legal Consultation Per Hour Rate | 150 GHS (12.90 USD) | 50,000 MWK (44.50 USD) |
Accounting Services Per Hour Rate | 120 GHS (10.32 USD) | 60,000 MWK (53.40 USD) |
IT Support Services Per Hour Rate | 90 GHS (7.74 USD) | 40,000 MWK (35.60 USD) |
Technician Services Per Hour Rate | 80 GHS (6.88 USD) | 45,000 MWK (40.05 USD) |
Professional Services cost 4.59 times less in Ghana, as compared to Malawi.
We hope you enjoyed the detailed guide on the cost of living comparsion between Ghana and Malawi.
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