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Cost of Living in Koforidua

Koforidua, Eastern, Ghana · Population 127,334

▼ -6% vs Ghana average

Single person, monthly (incl. rent)₵5,766 ($372)
Couple, monthly₵10,273 ($663)
Family of four, monthly₵13,324 ($860)

Estimated Prices in Koforidua

ExpenseEstimated costBasis
Meal at an inexpensive restaurant₵60.45 ($3.90)per meal
Three-course meal for two, mid-range₵242 ($15.60)per meal
Cappuccino₵18.14 ($1.17)each
Monthly groceries (single person)₵1,370 ($88.40)per month
Monthly public transport pass₵222 ($14.30)per month
Basic utilities for an 85m² apartment₵584 ($37.70)per month
Internet (60 Mbps, unlimited)₵169 ($10.92)per month
Fitness club membership₵169 ($10.92)per month
Cinema ticket₵44.33 ($2.86)each
One-bedroom apartment in city centre₵2,496 ($161)per month
One-bedroom apartment outside centre₵1,736 ($112)per month
Three-bedroom apartment in city centre₵5,208 ($336)per month

Salary & Budget Planning

The estimated average net salary in Koforidua is ₵4,650 ($300) per month. To live comfortably — covering the full single-person budget of ₵5,766 ($372) with about 30% left over for savings — you would need a net income of roughly ₵7,496 ($484) per month.

Housing takes the largest share: rent for a one-bedroom outside the centre (₵1,736 ($112)) represents about 30% of the total single-person budget.

Compare Koforidua

Koforidua vs KumasiKoforidua vs AccraKoforidua vs TamaleKoforidua vs AshaimanKoforidua vs Cape CoastKoforidua vs Obuase

Nearby Cities

Suhum

22 km away · Eastern

Akropong

23 km away · Eastern

Somanya

27 km away · Eastern

Aburi

28 km away · Eastern

Peduasi

33 km away · Eastern

Nsawam

33 km away · Eastern

Kibi

33 km away · Eastern

Begoro

35 km away · Eastern

Other Major Cities in Ghana

Kumasi

Ashanti · pop. 3,903,480

₵7,649 ($493) / mo

Accra

Greater Accra · pop. 1,782,150

₵6,639 ($428) / mo

Tamale

Northern · pop. 1,095,808

₵6,639 ($428) / mo

Ashaiman

Greater Accra · pop. 208,060

₵5,766 ($372) / mo

Cape Coast

Central · pop. 189,925

₵5,766 ($372) / mo

Obuase

Ashanti · pop. 180,460

₵5,766 ($372) / mo

Tema

Greater Accra · pop. 161,612

₵5,766 ($372) / mo

Suhum

Eastern · pop. 126,403

₵5,766 ($372) / mo

Living in Koforidua

Koforidua is one of the key cities in Ghana. The estimated monthly cost of living for a single person is ₵5,766 ($372), placing it below the national average. Housing represents the largest expense, with a one-bedroom apartment outside the city centre costing around ₵1,736 ($112) per month.

For families, the estimated budget rises to ₵13,324 ($860) per month, driven mainly by larger housing needs and increased food and transport spending. Couples can expect to spend approximately ₵10,273 ($663) monthly.

The average estimated net salary in Koforidua is ₵4,650 ($300). To maintain a comfortable lifestyle with room for savings, a single person typically needs a net income of at least ₵7,496 ($484) per month.

Frequently Asked Questions

Is Koforidua expensive to live in?
A single person needs an estimated ₵5,766 ($372) per month in Koforidua including rent outside the city centre. That is 6% less than the national average for Ghana.
What salary do you need to live comfortably in Koforidua?
A net salary of around ₵7,496 ($484) per month lets a single person cover all estimated expenses in Koforidua with roughly 30% left for savings. The estimated average net salary in Koforidua is ₵4,650 ($300).
How much is rent in Koforidua?
A one-bedroom apartment costs an estimated ₵2,496 ($161) per month in the city centre and ₵1,736 ($112) outside the centre. A three-bedroom in the centre runs about ₵5,208 ($336).
Is Koforidua cheaper than Ghana on average?
Yes — Koforidua is estimated to be about 6% cheaper than the Ghana average, making it a relatively affordable option in the country.
What is the cost of groceries in Koforidua?
Monthly groceries for one person are estimated at ₵1,370 ($88) in Koforidua. A meal at an inexpensive restaurant costs about ₵60 ($4) and a cappuccino runs around ₵18 ($1).
How do transport costs in Koforidua compare?
A monthly public transport pass in Koforidua is estimated at ₵222 ($14). Transport makes up a small share of the total budget compared to housing and food.
Figures for Koforidua are estimates based on Ghana national averages adjusted for city size (population 127,334). Last model update: July 2026. How we calculate.