Published: Monday, 21th October 2024
The cost of living in Madagascar is 6.12 times less expensive as compared to Cabo Verde.
On this page, you will find side-by-side cost comparison between Madagascar and Cabo Verde. 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 Madagascar and Cabo Verde.
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 Indicators  | Madagascar  | Cabo Verde  |
|---|---|---|
1 BHK Apartment in City Center  | 350,000 MGA (80.50 USD) | 50,000 CVE (500 USD) |
2 BHK Apartment in City Center  | 500,000 MGA (115 USD) | 80,000 CVE (800 USD) |
3 BHK Apartment in City Center  | 750,000 MGA (172.50 USD) | 120,000 CVE (1,200 USD) |
1 BHK Apartment outside City Center  | 150,000 MGA (34.50 USD) | 30,000 CVE (300 USD) |
2 BHK Apartment outside City Center  | 250,000 MGA (57.50 USD) | 50,000 CVE (500 USD) |
3 BHK Apartment outside City Center  | 400,000 MGA (92 USD) | 80,000 CVE (800 USD) |
Mortgage Rates Per Month  | 2 % | 5 % |
Realtor Commission  | 3 % | 3 % |
Property Taxes  | Yet to Update | 0.25 to 0.5 % |
The average housing cost in Madagascar is 7.22 times less expensive than Cabo Verde.
Indicators | Madagascar | Cabo Verde |
|---|---|---|
Basic Home Furnishing  | 2,000,000 MGA (460 USD) | 30,000 CVE (300 USD) |
Electricity Cost Per Month  | 50,000 MGA (11.50 USD) | 7,000 CVE (70 USD) |
Heating Cost Per Month  | 25,000 MGA (5.75 USD) | 6,000 CVE (60 USD) |
Cooling Cost Per Month  | 20,000 MGA (4.60 USD) | 5,000 CVE (50 USD) |
Water Supply Cost Per Month  | 20,000 MGA (4.60 USD) | 5,000 CVE (50 USD) |
If you lived in Madagascar, instead of Cabo Verde, you would have to pay 8.22% less for Utilities.
The basic home furnishing in Madagascar costs 1.53 times more compared to Cabo Verde.
Indicators | Madagascar | Cabo Verde |
|---|---|---|
Standard Wifi Cost Per Month  | 30,000 MGA (6.90 USD) | 8,000 CVE (80 USD) |
Mobile Phone Basic Plan Cost Per Month  | 20,000 MGA (4.60 USD) | 3,500 CVE (35 USD) |
Landline Basic Plan Cost Per Month  | 15,000 MGA (3.45 USD) | 4,000 CVE (40 USD) |
Cable TV Basic Plan Cost Per Month  | 25,000 MGA (5.75 USD) | 6,000 CVE (60 USD) |
The internet and communication costs 90.37% less in Madagascar compared to Cabo Verde.
Indicators | Madagascar | Cabo Verde |
|---|---|---|
Long Grain Rice (1 KG)  | 5,000 MGA (1.15 USD) | 1,800 CVE (18 USD) |
Milk (1 Liter)  | 2,500 MGA (0.58 USD) | 1,000 CVE (10 USD) |
Water (1 Liter)  | 1,500 MGA (0.35 USD) | 300 CVE (3 USD) |
Bread (500 gm)  | 2,000 MGA (0.46 USD) | 400 CVE (4 USD) |
Eggs (1 Dozen)  | 4,000 MGA (0.92 USD) | 1,200 CVE (12 USD) |
Cheese (1 KG)  | 20,000 MGA (4.60 USD) | 2,500 CVE (25 USD) |
Chicken Breast (1 KG)  | 12,000 MGA (2.76 USD) | 2,000 CVE (20 USD) |
In Madagascar, the cost of 1 Liter Water and 1 Liter Milk is 14.13 times less expensive than the cost in Cabo Verde.
If you lived in Madagascar, instead of Cabo Verde, you would have to pay 88.25% less for Groceries.
Indicators | Madagascar | Cabo Verde |
|---|---|---|
Apples (1 KG)  | 5,000 MGA (1.15 USD) | 1,200 CVE (12 USD) |
Bananas (1 KG)  | 3,000 MGA (0.69 USD) | 700 CVE (7 USD) |
Oranges (1 KG)  | 4,000 MGA (0.92 USD) | 900 CVE (9 USD) |
Tomatoes (1 KG)  | 3,500 MGA (0.81 USD) | 800 CVE (8 USD) |
Potatoes (1 KG)  | 3,000 MGA (0.69 USD) | 600 CVE (6 USD) |
Lemons (1 KG)  | 5,000 MGA (1.15 USD) | 1,200 CVE (12 USD) |
Onions (1 KG)  | 4,000 MGA (0.92 USD) | 700 CVE (7 USD) |
Lentils (1 KG)  | 5,000 MGA (1.15 USD) | 1,900 CVE (19 USD) |
If you lived in Madagascar, instead of Cabo Verde, you would have to pay 10.70 times less for Fruits and Vegetables.
Indicators | Madagascar | Cabo Verde |
|---|---|---|
Meal at a Resonable Restaurant  | 20,000 MGA (4.60 USD) | 2,500 CVE (25 USD) |
Three-Course Meal for Two  | 70,000 MGA (16.10 USD) | 7,000 CVE (70 USD) |
Fast Food Combo Meal  | 12,000 MGA (2.76 USD) | 1,500 CVE (15 USD) |
Normal Coffee  | 3,000 MGA (0.69 USD) | 300 CVE (3 USD) |
Soft Drink  | 2,500 MGA (0.58 USD) | 200 CVE (2 USD) |
Pizza for One  | 20,000 MGA (4.60 USD) | 2,500 CVE (25 USD) |
Take-Out Delivery Meal  | 25,000 MGA (5.75 USD) | 2,000 CVE (20 USD) |
Cigarette Pack of 20  | 12,000 MGA (2.76 USD) | 800 CVE (8 USD) |
Dining-Out costs 77.48% less in Madagascar compared to Cabo Verde.
Indicators | Madagascar | Cabo Verde |
|---|---|---|
Wine Mid-Range Bottle  | 25,000 MGA (5.75 USD) | 3,000 CVE (30 USD) |
Glass of Wine  | 7,000 MGA (1.61 USD) | 1,000 CVE (10 USD) |
Domestic Beer Half Liter  | 3,500 MGA (0.81 USD) | 500 CVE (5 USD) |
Imported Beer Half Liter  | 5,000 MGA (1.15 USD) | 700 CVE (7 USD) |
Domestic Alcohol 1 Liter  | 40,000 MGA (9.20 USD) | 2,000 CVE (20 USD) |
Branded Alcohol 1 Liter  | 60,000 MGA (13.80 USD) | 3,500 CVE (35 USD) |
If you lived in Madagascar, instead of Cabo Verde, you would have to pay 3.31 times less for usual hard drinks.
Indicators | Madagascar | Cabo Verde |
|---|---|---|
Monthly Public Transportation Pass  | 50,000 MGA (11.50 USD) | 5,000 CVE (50 USD) |
Single Public Transportation Ticket  | 1,000 MGA (0.23 USD) | 150 CVE (1.50 USD) |
Single Train Ticket  | 30,000 MGA (6.90 USD) | Yet to Update () |
Domestic Airplane Ticket  | 150,000 MGA (34.50 USD) | 15,000 CVE (150 USD) |
Taxi Start Fare  | 3,000 MGA (0.69 USD) | 300 CVE (3 USD) |
Taxi Rate Per Kilometer  | 2,000 MGA (0.46 USD) | 200 CVE (2 USD) |
Car Rental Per Day  | 80,000 MGA (18.40 USD) | 10,000 CVE (100 USD) |
Parking Fees in City Center Per Hour  | 2,000 MGA (0.46 USD) | 200 CVE (2 USD) |
Parking Fees outside City Center Per Hour  | 1,000 MGA (0.23 USD) | 100 CVE (1 USD) |
If you lived in Madagascar, instead of Cabo Verde, you would have to pay 4.22 times less for transportation.
Indicators | Madagascar | Cabo Verde |
|---|---|---|
Reasonable Vehicle Purchase Cost  | 20,000,000 MGA (4,600 USD) | 3,000,000 CVE (30,000 USD) |
Vehicle Registration Cost  | 300,000 MGA (69 USD) | 30,000 CVE (300 USD) |
Driving License Fees  | 70,000 MGA (16.10 USD) | 10,000 CVE (100 USD) |
Car Insurance Cost  | 500,000 MGA (115 USD) | 50,000 CVE (500 USD) |
Car Maintenance Cost  | 200,000 MGA (46 USD) | 20,000 CVE (200 USD) |
Car Loan Interest Rates  | 12 % | 6 % |
Fuel Per Liter  | 3,500 MGA (0.81 USD) | 150 CVE (1.50 USD) |
Fuel Per Gallon  | 13,000 MGA (2.99 USD) | 600 CVE (6 USD) |
Average Toll Fees  | Yet to Update | Yet to Update |
You would have to pay 6.41 times less for Vehicle purchase, daily operation and maintenance in Madagascar compared to that of Cabo Verde.
Indicators | Madagascar | Cabo Verde |
|---|---|---|
Doctor Visit  | 40,000 MGA (9.20 USD) | 2,500 CVE (25 USD) |
Specialist Visit  | 80,000 MGA (18.40 USD) | 5,000 CVE (50 USD) |
Dentist Visit  | 60,000 MGA (13.80 USD) | 4,000 CVE (40 USD) |
Eye Exam  | 30,000 MGA (6.90 USD) | 2,000 CVE (20 USD) |
Mental Health Counseling  | 60,000 MGA (13.80 USD) | 5,000 CVE (50 USD) |
Preventive Health Screening  | 40,000 MGA (9.20 USD) | 3,000 CVE (30 USD) |
Physical Therapy  | 50,000 MGA (11.50 USD) | 3,000 CVE (30 USD) |
Emergency Room Visit  | 150,000 MGA (34.50 USD) | 5,000 CVE (50 USD) |
Hospital Stay Per Night  | 200,000 MGA (46 USD) | 10,000 CVE (100 USD) |
Vaccinations  | 30,000 MGA (6.90 USD) | 2,000 CVE (20 USD) |
Prescription Medication  | 15,000 MGA (3.45 USD) | 1,000 CVE (10 USD) |
Over the Counter Medication  | 10,000 MGA (2.30 USD) | 600 CVE (6 USD) |
Health Insurance Premiums  | 100,000 MGA (23 USD) | 20,000 CVE (200 USD) |
Health Insurance Deductibles  | 30,000 MGA (6.90 USD) | 10,000 CVE (100 USD) |
If you lived in Madagascar, instead of Cabo Verde, you would have to pay 3.55 times less for Health and Medical Treatment.
Indicators | Madagascar | Cabo Verde |
|---|---|---|
Cosmetic Procedures  | 800,000 MGA (184 USD) | 15,000 CVE (150 USD) |
Spa Treatment  | 70,000 MGA (16.10 USD) | 8,000 CVE (80 USD) |
Manicure Pedicure Cost  | 40,000 MGA (9.20 USD) | 2,500 CVE (25 USD) |
Optical Glasses Cost  | 150,000 MGA (34.50 USD) | 5,000 CVE (50 USD) |
Contact Lenses Cost  | 100,000 MGA (23 USD) | 3,000 CVE (30 USD) |
Haircuts  | 20,000 MGA (4.60 USD) | 1,000 CVE (10 USD) |
Hair Coloring  | 40,000 MGA (9.20 USD) | 2,500 CVE (25 USD) |
Shampoo Price  | 4,000 MGA (0.92 USD) | 400 CVE (4 USD) |
Toothpaste Price  | 2,000 MGA (0.46 USD) | 200 CVE (2 USD) |
If you lived in Madagascar, instead of Cabo Verde, you would have to pay 1.33 times less for Personal Care Items and Treatment.
Indicators | Madagascar | Cabo Verde |
|---|---|---|
Pair of Nike Running Shoes  | 120,000 MGA (27.60 USD) | 20,000 CVE (200 USD) |
Men's Shirt  | 60,000 MGA (13.80 USD) | 4,000 CVE (40 USD) |
Women's Dress  | 100,000 MGA (23 USD) | 7,000 CVE (70 USD) |
Summer Dress  | 70,000 MGA (16.10 USD) | 5,000 CVE (50 USD) |
Men's Suit  | 300,000 MGA (69 USD) | 40,000 CVE (400 USD) |
Men's Jeans  | 80,000 MGA (18.40 USD) | 6,000 CVE (60 USD) |
Women's Jeans  | 70,000 MGA (16.10 USD) | 5,000 CVE (50 USD) |
Men's Formal Shoes  | 120,000 MGA (27.60 USD) | 12,000 CVE (120 USD) |
Women's Formal Shoes  | 100,000 MGA (23 USD) | 10,000 CVE (100 USD) |
Men's Casual Shoes  | 90,000 MGA (20.70 USD) | 8,000 CVE (80 USD) |
Women's Casual Shoes  | 80,000 MGA (18.40 USD) | 6,000 CVE (60 USD) |
Underwear For Men  | 20,000 MGA (4.60 USD) | 1,000 CVE (10 USD) |
Underwear For Women  | 25,000 MGA (5.75 USD) | 1,000 CVE (10 USD) |
Socks For Men  | 8,000 MGA (1.84 USD) | 400 CVE (4 USD) |
Socks For Women  | 8,000 MGA (1.84 USD) | 400 CVE (4 USD) |
Wintercoat for Adults  | 150,000 MGA (34.50 USD) | 15,000 CVE (150 USD) |
Sportswear  | 80,000 MGA (18.40 USD) | 8,000 CVE (80 USD) |
If you lived in Madagascar, instead of Cabo Verde, you would have to pay 4.37 times less for Clothing and Footwear for Adults.
Indicators | Madagascar | Cabo Verde |
|---|---|---|
Children's Jeans  | 40,000 MGA (9.20 USD) | 3,000 CVE (30 USD) |
Children's Normal Sneakers  | 50,000 MGA (11.50 USD) | 4,000 CVE (40 USD) |
Children's Winter Coat  | 80,000 MGA (18.40 USD) | 5,000 CVE (50 USD) |
Daycare for Infant  | 100,000 MGA (23 USD) | 40,000 CVE (400 USD) |
Daycare for Toddler  | 90,000 MGA (20.70 USD) | 35,000 CVE (350 USD) |
Childcare for Sick Days  | 40,000 MGA (9.20 USD) | 12,000 CVE (120 USD) |
Early Childhood Education Programs  | 80,000 MGA (18.40 USD) | 60,000 CVE (600 USD) |
Extra Curricular Activities  | 50,000 MGA (11.50 USD) | 20,000 CVE (200 USD) |
Summer Camp for Kids  | 150,000 MGA (34.50 USD) | 50,000 CVE (500 USD) |
If you lived in Madagascar, instead of Cabo Verde, you would have to pay 14.64 times less for Childcare and kids clothing.
Indicators | Madagascar | Cabo Verde |
|---|---|---|
PreSchool Fees  | 120,000 MGA (27.60 USD) | 30,000 CVE (300 USD) |
Primary School Fees  | 300,000 MGA (69 USD) | 50,000 CVE (500 USD) |
Secondary School Fees  | 400,000 MGA (92 USD) | 70,000 CVE (700 USD) |
Private School Fees  | 800,000 MGA (184 USD) | 150,000 CVE (1,500 USD) |
University Tuition Fees  | 1,500,000 MGA (345 USD) | 250,000 CVE (2,500 USD) |
University Private Tuition Fees  | 2,000,000 MGA (460 USD) | 400,000 CVE (4,000 USD) |
After School Activities  | 50,000 MGA (11.50 USD) | 20,000 CVE (200 USD) |
Special Education Services  | 100,000 MGA (23 USD) | 30,000 CVE (300 USD) |
Tutoring  | 40,000 MGA (9.20 USD) | 25,000 CVE (250 USD) |
Textbooks Cost  | 50,000 MGA (11.50 USD) | 15,000 CVE (150 USD) |
School Supplies  | 30,000 MGA (6.90 USD) | 8,000 CVE (80 USD) |
If you lived in Madagascar, instead of Cabo Verde, you would have to pay 8.45 times less for school and education.
Indicators | Madagascar | Cabo Verde |
|---|---|---|
Movie Ticket (Single)  | 8,000 MGA (1.84 USD) | 1,000 CVE (10 USD) |
Theater Ticket (Single)  | 15,000 MGA (3.45 USD) | 2,500 CVE (25 USD) |
Concert Ticket (Single)  | 20,000 MGA (4.60 USD) | 4,000 CVE (40 USD) |
Sports Event Ticket (Single)  | 30,000 MGA (6.90 USD) | 3,000 CVE (30 USD) |
Gym Membership  | 50,000 MGA (11.50 USD) | 5,000 CVE (50 USD) |
Swimming Pool Access  | 20,000 MGA (4.60 USD) | 4,000 CVE (40 USD) |
Museum Entry Ticket  | 4,000 MGA (0.92 USD) | 800 CVE (8 USD) |
Zoo Entry Ticket  | 5,000 MGA (1.15 USD) | 1,000 CVE (10 USD) |
Amusement Park Entry Ticket  | 15,000 MGA (3.45 USD) | 2,500 CVE (25 USD) |
Bowling  | 20,000 MGA (4.60 USD) | 1,500 CVE (15 USD) |
Mini Golf  | 15,000 MGA (3.45 USD) | 1,200 CVE (12 USD) |
Video Games  | 80,000 MGA (18.40 USD) | 7,000 CVE (70 USD) |
Streaming Services  | 20,000 MGA (4.60 USD) | 4,000 CVE (40 USD) |
Outdoor Equipment Rental  | 15,000 MGA (3.45 USD) | 1,500 CVE (15 USD) |
Theme Park Annual Pass  | 200,000 MGA (46 USD) | 20,000 CVE (200 USD) |
If you lived in Madagascar, instead of Cabo Verde, you would have to pay 4.96 times less for entertainment, recreation and fun activities.
Indicators | Madagascar | Cabo Verde |
|---|---|---|
Language Classes  | 40,000 MGA (9.20 USD) | 25,000 CVE (250 USD) |
Parenting Classes  | 30,000 MGA (6.90 USD) | 15,000 CVE (150 USD) |
Art Classes  | 50,000 MGA (11.50 USD) | 2,500 CVE (25 USD) |
Fitness Classes  | 30,000 MGA (6.90 USD) | 1,500 CVE (15 USD) |
Music Lessons  | 40,000 MGA (9.20 USD) | 3,000 CVE (30 USD) |
Dance Lessons  | 30,000 MGA (6.90 USD) | 3,000 CVE (30 USD) |
Reading Materials for Classes  | 7,000 MGA (1.61 USD) | 1,000 CVE (10 USD) |
Educational Software  | 60,000 MGA (13.80 USD) | 18,000 CVE (180 USD) |
If you lived in Madagascar, instead of Cabo Verde, you would have to pay 10.45 times less for Private Classes.
Indicators | Madagascar | Cabo Verde |
|---|---|---|
Average Gross Monthly Salary  | 1,000,000 MGA (230 USD) | 80,000 CVE (800 USD) |
Average Net Monthly Salary  | 800,000 MGA (184 USD) | 70,000 CVE (700 USD) |
Minimum Wages  | 13,333.33 MGA per hour (3.07 USD) | 1,333.33 CVE per hour (13.33 USD) |
Average Bonus  | 150,000 MGA (34.50 USD) | 20,000 CVE (200 USD) |
Income Tax Rate  | 0 to 20 % | 0 to 15 % |
Social Security Contributions  | 5 % | 10 % |
Pension Contributions  | 7 % | 8 % |
Cost of Living Index  | 50 | 60 |
Median Household Income  | 1,200,000 MGA (276 USD) | 150,000 CVE (1,500 USD) |
If you lived in Madagascar, you would earn 4.42 times less salary as compared to Cabo Verde.
Indicators | Madagascar | Cabo Verde |
|---|---|---|
Legal Consultation Per Hour Rate  | 50,000 MGA (11.50 USD) | 7,000 CVE (70 USD) |
Accounting Services Per Hour Rate  | 60,000 MGA (13.80 USD) | 5,000 CVE (50 USD) |
IT Support Services Per Hour Rate  | 40,000 MGA (9.20 USD) | 6,000 CVE (60 USD) |
Technician Services Per Hour Rate  | 45,000 MGA (10.35 USD) | 6,500 CVE (65 USD) |
Professional Services cost 5.46 times less in Madagascar, as compared to Cabo Verde.
We hope you enjoyed the detailed guide on the cost of living comparsion between Madagascar and Cabo Verde.
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