Ghana in Focus: Living Costs Revealed: Why Ghana Is More Expensive Than You Think

Ghana / Afrika in Focus

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Ghana IS NOT CHEAP BUT EXPENSIVE!! The reality on the ground reveals a country where the cost of living can be surprisingly high, particularly for those accustomed to Western standards and products.
The reason why Ghana IS expensive is because it is totally import driven. With the country importing "virtually everything," as highlighted in a precious podcast, consumers face significant mark-ups on everyday items. This means that familiar foods from abroad – cereals, chocolates, cheeses, dairy products, and processed foods – often cost twice as much as they would in countries like the UK or USA. This price differential persists despite the current government's removal of several controversial taxes including the e-levy, introduced by the previous administration.
For expatriates or returning Ghanaians planning to relocate, the cost implications extend far beyond groceries. Utilities represent another significant expense, with electricity costs having increased approximately ten times over the past year. This becomes particularly burdensome for households using air conditioning regularly or for remote workers requiring constant power. Ghana's prepaid electricity system means residents must constantly top up their meters, with heavy users potentially spending hundreds of cedis weekly. While water remains relatively affordable, internet service in Ghana is surprisingly expensive, creating an additional financial burden for digital nomads or those working remotely.
Education presents the most substantial financial consideration for families relocating with children. International schools, which offer quality education with good facilities and motivated teachers, typically charge a minimum of 3,000 cedis monthly per child.
Transportation represents another major expense category. Whether importing a vehicle (which incurs substantial port duties) or purchasing locally, costs can be significant. New vehicles range from $15,000-20,000 for standard models, with luxury brands like Maserati and Bugatti also available for those with deeper pockets.
The takeaway message is clear: Ghana offers many advantages and opportunities, but affordability isn't necessarily among them. Prospective residents should approach relocation with realistic financial expectations and careful planning. As the podcast concludes, "Ghana is not cheap, but can be very, very expensive" – wisdom worth heeding for anyone contemplating a move to this vibrant West African nation.

Sources:

Is Ghana Affordable? Our 2025 Real-Life Cost of Living as American Expats Explained

FURNITURE AND HOME DECOR SHOPP

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Chapters

1. Welcome and Episode Introduction (00:00:00)

2. Why Ghana is Expensive (00:01:43)

3. Shopping Local vs Imported Foods (00:03:15)

4. Utilities, Education and International Schools (00:05:22)

5. Cars and Transportation Costs (00:09:05)

6. Video Resources and Closing Remarks (00:12:10)