Cost of living in Takoradi
Takoradi, a bustling city in Ghana, offers a unique blend of cultural heritage and modern amenities. Understanding the cost of living here is crucial for both residents and newcomers.
This guide provides a detailed breakdown of expenses in Takoradi, covering essential categories such as dining, groceries, transportation, housing, and utilities.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $4.82 on average, with a range between $1.89 and $8.18.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $43.55, with prices ranging from $30.8 to $86.59.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $7.37, with a range between $5.39 and $9.33.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $0.63 to $2.49, imported beer $1.31 to $3.67, cappuccino $1.42 to $5.12, and Coke/Pepsi $0.44 to $1.61.
Grocery Prices
- Milk - Milk is priced between $0.47 and $4.37 per liter, averaging $1.02.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $0.76 and $2.23, with an average price of $0.76.
- Eggs (Dozen) - A dozen eggs range from $1.49 to $3.69, averaging $2.27.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.03 to $4.18 per kg, while oranges range from $0.69 to $4.13 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.47 and $4.35 per kg, and lettuce costs $0.3 to $1.28 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $1.08 and $1.41 per liter.
- Taxi Fares - Taxi fares start at $0.93, with a cost of $0.8 to $1.34 per km and $3.11 to $8.88 per hour of waiting.
- Car Purchase - A new Volkswagen Golf costs between $7145.16 and $19252.7, while a Toyota Corolla ranges from $8385.99 to $12000.
Housing Costs
- Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child - The cost for private preschool is between $32.09 and $79.96 monthly, averaging $57.02.
- International Primary School, Yearly for 1 Child - Yearly fees for international primary schools range from $4815.15 to $15000, averaging $7655.73.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $29.95 and $96.3, averaging $51.9.
- Internet - Internet services range from $26.17 to $96.3, with an average cost of $44.4.
- Mobile Phone Plan - A mobile phone plan with calls and 10GB+ data costs between $7.48 and $20, averaging $11.81.
Cost of Living Rankings
The cost of living indices for Ghana are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in Ghana, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
Restaurants
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Transportation
Utilities (Monthly)
Utilities (Monthly)
Sports And Leisure
Sports And Leisure
Clothing And Shoes
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Salaries And Financing
Salaries And Financing
Childcare
Childcare
"Key Takeaways"
Takoradi offers a relatively affordable cost of living compared to many global cities, with low prices for dining and groceries.
Transportation costs are moderate, with affordable taxi fares and gasoline prices.
Housing and education expenses can vary significantly, especially for international schools.
Conclusion
In conclusion, Takoradi presents a cost-effective living environment with reasonable prices across most categories.
Potential residents should consider the variability in housing and education costs when planning their budget.