Prices and Cost of Living in Ghana

Food and beverage prices in Ghana

Popular food products found on store shelves in Ghana include bananas, rice, bread, onions, eggs, tomatoes, cheese, beef and potatoes, among others. Prices for a kilo of these products range from 14.88 GHS (1.02 USD) for a kilo of onions to 39.66 GHS (2.71 USD) for a kilo of beef. The price of white rice is 15.72 GHS (1.07 USD) per kilo, while a loaf of fresh white bread costs 11.06 GHS (0.76 USD) per half kilo. Bananas cost 11.23 GHS (0.77 USD) per kilo, while apples cost 21.87 GHS (1.49 USD) per kilo.

Water, available in 1.5-liter bottles, costs 4.72 GHS (0.32 USD). Dairy prices in Ghana, on the other hand, are as follows: 1 liter of milk costs about 17.74 GHS (1.21 USD), and 1 kilogram of locally produced cheese is an expense of 80.18 GHS (5.48 USD). Chicken filet, which is a common ingredient in meat dishes, costs in the range of 36.92 GHS (2.52 USD) per kilo. Eggs (12 pieces per package) are an expense of about 17.55 GHS (1.2 USD), and the average price of tomatoes is 16.76 GHS (1.14 USD) per kilo.

What is the typical cost for an affordable meal?

Prices in restaurants in Ghana vary and depend on several factors, such as the type of restaurant, location and time of day. For instance, a Cappuccino typically costs around 18.85 GHS (1.29 USD), while a 0.33-liter bottle of Coca-Cola or Pepsi is priced at approximately 6.07 GHS (0.41 USD). At a fast-food restaurant such as McDonald's, you can expect to pay 65 GHS (4.44 USD) for a meal, whereas a meal for two at a mid-range restaurant could cost around 350 GHS (23.9 USD). Budget-friendly dining options are also available, with some restaurants offering meals for as little as 35 GHS (2.39 USD).

How much does transportation cost in Ghana?

The average expense of a one-way trip using local transportation stands at approximately 5 GHS (0.34 USD), while a monthly ticket for public transportation has an average cost of roughly 234 GHS (15.96 USD). Choosing to travel by taxi would entail an initial fee of 10 GHS (0.68 USD), along with a per-kilometer charge of 10 GHS (0.68 USD).

Fuel prices in Ghana

Average fuel prices in Ghana are 14.28 GHS (0.98 USD) per liter of gasoline and 13.18 GHS (0.9 USD) per liter of diesel.

How much does it cost to rent an apartment in Ghana?

The cost of renting or buying an apartment in Ghana varies according to its location. On average, renting an apartment with one bedroom and a living room outside the city center costs approximately 641 GHS (43.75 USD) per month, while the same type of apartment in the city center can cost around 8136 GHS (556 USD) per month. In comparison, the purchase price of an apartment in the city center is 9440 GHS (645 USD) per square meter.