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Cost of Living Comparison in Accra 2020

Spending, Expenses and Savings Comparison in Accra

The average person in Accra spends around 74% of their income and saves approximatly 26%.
Percentage of Income
Average per month
Monthly Income 3,040 GHS
Monthly Spending 74%
2,260 GHS
Monthly Savings 26%
780 GHS
Breakdown of monthly expenses and spending:
Percentage of Income
Average per month
Groceries / Food 14%
410 GHS
Rent 12%
360 GHS
Healthcare 4%
120 GHS
Water / Electricity 5%
140 GHS
Bank Loans 11%
330 GHS
Transport / Vehicle 11%
330 GHS
Schools / Education 10%
310 GHS
Other Expenses 9%
270 GHS

Marital Status: Single


Cost of living comparison for Single people in Accra. Comparing monthly spending with monthly money saved.
Percentage of Income
Average per month
Monthly Income 2,170 GHS
Monthly Spending 64%
1,390 GHS
Monthly Savings 36%
780 GHS
Breakdown of monthly expenses and spending:
Percentage of Income
Average per month
Groceries / Food 18%
380 GHS
Rent 13%
290 GHS
Healthcare 3%
75 GHS
Water / Electricity 4%
83 GHS
Bank Loans 0%
0 GHS
Transport / Vehicle 11%
240 GHS
Schools / Education 4%
83 GHS
Other Expenses 11%
230 GHS


Marital Status: Married


Cost of living comparison for Married people in Accra. Comparing monthly spending with monthly money saved.
Zero
Children
2
Children
3
Children
Percentage of Income
Average per month
Monthly Income 3,700 GHS 5,400 GHS 5,300 GHS
Monthly Spending 84%
3,100 GHS
85%
4,590 GHS
81%
4,310 GHS
Monthly Savings 16%
600 GHS
15%
810 GHS
19%
990 GHS
Breakdown of monthly expenses and spending:
Zero
Children
2
Children
3
Children
Percentage of Income
Average per month
Groceries / Food 11%
400 GHS
15%
800 GHS
4%
200 GHS
Rent 9%
350 GHS
6%
300 GHS
15%
800 GHS
Healthcare 7%
250 GHS
6%
300 GHS
1%
50 GHS
Water / Electricity 8%
300 GHS
5%
250 GHS
4%
210 GHS
Bank Loans 14%
500 GHS
20%
1,090 GHS
25%
1,350 GHS
Transport / Vehicle 8%
300 GHS
12%
650 GHS
11%
600 GHS
Schools / Education 14%
500 GHS
14%
750 GHS
19%
1,000 GHS
Other Expenses 14%
500 GHS
8%
450 GHS
2%
100 GHS

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