Tema, a prominent city in Ghana, is known for its bustling port and industrial activities. Understanding the cost of living here is crucial for anyone planning to move or invest in the area.
This guide provides a detailed breakdown of expenses in Tema, covering essential categories such as dining, groceries, transportation, housing, and utilities.
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.
Tema offers a relatively affordable cost of living compared to many global cities, with low housing and dining costs.
Transportation and utilities are also reasonably priced, making it a budget-friendly option for residents.
To save money, consider living outside the city centre where rent is significantly lower.
In conclusion, Tema presents an attractive option for those seeking affordable living in Ghana. With low costs in housing, dining, and transportation, it is well-suited for both locals and expatriates.
Potential residents should weigh these factors when considering a move to Tema, ensuring they can enjoy the city's amenities without breaking the bank.