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Cost of Living Comparison in Maldives 2020

Spending, Expenses and Savings Comparison in Maldives

The average person in Maldives spends around 79% of their income and saves approximatly 21%.
Percentage of Income
Average per month
Monthly Income 21,000 MVR
Monthly Spending 79%
16,500 MVR
Monthly Savings 21%
4,480 MVR
Breakdown of monthly expenses and spending:
Percentage of Income
Average per month
Groceries / Food 11%
2,250 MVR
Rent 36%
7,500 MVR
Healthcare 3%
650 MVR
Water / Electricity 11%
2,250 MVR
Bank Loans 3%
630 MVR
Transport / Vehicle 2%
500 MVR
Schools / Education 2%
500 MVR
Other Expenses 11%
2,250 MVR

Marital Status: Single


Cost of living comparison for Single people in Maldives. Comparing monthly spending with monthly money saved.
Percentage of Income
Average per month
Monthly Income 12,500 MVR
Monthly Spending 52%
6,550 MVR
Monthly Savings 48%
5,950 MVR
Breakdown of monthly expenses and spending:
Percentage of Income
Average per month
Groceries / Food 12%
1,500 MVR
Rent 0%
0 MVR
Healthcare 4%
550 MVR
Water / Electricity 12%
1,500 MVR
Bank Loans 0%
0 MVR
Transport / Vehicle 4%
500 MVR
Schools / Education 0%
0 MVR
Other Expenses 20%
2,500 MVR


Marital Status: Married


Cost of living comparison for Married people in Maldives. Comparing monthly spending with monthly money saved.
Zero
Children
2
Children
Percentage of Income
Average per month
Monthly Income 24,000 MVR 35,000 MVR
Monthly Spending 94%
22,500 MVR
87%
30,500 MVR
Monthly Savings 6%
1,500 MVR
13%
4,500 MVR
Breakdown of monthly expenses and spending:
Zero
Children
2
Children
Percentage of Income
Average per month
Groceries / Food 13%
3,000 MVR
9%
3,000 MVR
Rent 50%
12,000 MVR
51%
18,000 MVR
Healthcare 2%
500 MVR
3%
1,000 MVR
Water / Electricity 8%
2,000 MVR
11%
4,000 MVR
Bank Loans 10%
2,500 MVR
0%
0 MVR
Transport / Vehicle 2%
500 MVR
1%
500 MVR
Schools / Education 0%
0 MVR
6%
2,000 MVR
Other Expenses 8%
2,000 MVR
6%
2,000 MVR

Cost of Living Comparison By City


IncomeSpendingSavings
Percentage of income
Average per month
Hulhumale15,000 MVR47%
7,100 MVR
-47%
7,900 MVR
Male23,000 MVR86%
19,700 MVR
-86%
3,330 MVR

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