Cost of living and prices in Monrovia, prices of food, rent, shopping, etc. 🇱🇷
Updated Jul 2023
Discover the cost of living in Monrovia, Liberia, situated in Western Africa with coordinates of 6.31561 latitude and -10.80737 longitude. This vibrant city sits at an elevation of 32 meters above sea level and is home to over 1 million people.
In Monrovia, the local currency is the Liberian Dollar (LRD). The average cost of living is lower compared to many other cities around the world, making it an affordable destination for expats and travelers alike. The cost of living includes housing, food, transportation, and healthcare. You can expect to pay about LRD 10,000-20,000 for basic groceries, while dining out can range from LRD 500-1,000 per meal at a local restaurant. Healthcare is affordable, with a doctor's visit costing around LRD 500-1,000.
Monrovia is a lively city with a unique culture and history. Aside from the cost of living, you can enjoy its vibrant marketplaces for some local shopping, experience the delicious local cuisine, or immerse yourself in the city's rich history and architecture with a visit to the National Museum of Liberia or the Centennial Pavilion, among other attractions. By living in Monrovia, you'll have the opportunity to explore an amazing destination while enjoying an affordable cost of living.
Cost of Living Estimate in Monrovia
You can calculate cost of living in Monrovia by changing quantity using input near each good or service. Resulting total will appear in a floating box in the bottom of your screen.
Restaurants prices
If you're looking for traditional West African cuisine with a twist, Monrovia won't disappoint. The city boasts a range of dining options, from hole-in-the-wall cafés to upscale restaurants. For a taste of Liberia's national dish, try jollof rice – a spicy tomato-based rice dish that's often served with grilled chicken or fish. Another must-try is cassava leaf stew, made with the leaves of the cassava plant and typically served with rice or fufu. For a quick bite, you can grab a delicious and filling street food like fried plantains or grilled meat skewers from one of the many vendors scattered throughout the city.
If you're looking for more international fare, Monrovia also has options to suit all palates. You can choose from Italian, Chinese, and Indian restaurants, as well as modern dining spots with fusion menus. Many eateries offer outdoor seating, so you can enjoy your meal while people-watching on the lively streets of the city. Whether you're in the mood for a quick snack or a fancy dinner, you're sure to find something to suit your tastes in Monrovia.
Markets prices
Market prices in Monrovia, Liberia are dynamic and largely dependent on the availability of goods and the season of the year. As such, prices for produce can vary greatly from week to week, with certain items being more expensive during some periods than others. Given the lack of proper storage facilities and transportation infrastructure, imported goods can be especially costly.
Aside from seasonal factors, market prices in Monrovia are also influenced by the level of competition between vendors and the bargaining power of sellers and buyers. In general, prices tend to be more competitive in larger markets with a high volume of consumers, and more expensive in smaller markets with fewer vendors. Additionally, prices tend to be higher in urban areas compared to rural areas, due to higher demand for goods and the additional costs associated with transporting them into the city.
Transportation prices
Transportation in Monrovia, Liberia is diverse and offers various options for travelers. One of the most common ways of getting around the city is by taxi. Taxis are readily available and are identified by yellow and black colors. The vehicles vary in quality, but most are older model sedans. Travelers should be prepared to negotiate fares as there is no standard pricing. However, travelers can expect to pay more for taxis during peak hours and for longer distances. Taxis can be hailed on the street or prearranged through a hotel or taxi stand.
Another transportation option in Monrovia is the “kekeh." Kekehs are motorized tricycles that are popular in Liberia and offer a unique and inexpensive way to explore the city. They are ideal for short distances and can navigate through heavy traffic. Kekehs are also a great way to experience Liberian culture and interact with locals. Travelers should be prepared for a bumpy ride as the roads in Monrovia are often uneven. However, the experience is one that is not to be missed and is an excellent way to immerse oneself in the city’s atmosphere.
Utilities Per Month prices
Travelers to Monrovia, Liberia should be aware of the utilities cost in the city. Electricity and water bills can add up quickly, so it's important to factor in these expenses when budgeting for your trip. Many hotels and accommodations include these costs in their rates, but it's still helpful to be aware of the typical expenses in case you plan to stay in an apartment or other type of lodging.
Despite the higher cost of utilities in Monrovia, there are ways to minimize your expenses. Many locals use generators to power their homes and businesses, which can be a cheaper alternative to relying solely on electricity from the main grid. Additionally, it's important to conserve energy and water whenever possible. For example, turning off lights and unplugging electronics when not in use can make a big difference in your electricity bill. Overall, being mindful of utilities costs can help you stay within your budget while still enjoying all that Monrovia has to offer.
Sports And Leisure prices
Monrovia, Liberia is a great destination for sports enthusiasts and leisure seekers alike. This bustling city boasts a variety of activities and attractions that are sure to keep visitors entertained.
For those who love sports, Monrovia offers a range of options. Football (soccer) is hugely popular in Liberia, and there are numerous clubs and teams to watch or join. Basketball and volleyball are also played and enjoyed, with local leagues and pick-up games taking place around the city. Additionally, Monrovia is located on the coast, making it an ideal location for water sports activities such as surfing and fishing. Whatever your preferred sport, Monrovia is sure to have something for you.
Salaries And Financing prices
Salaries and financing in Monrovia, Liberia can vary greatly depending on the industry and type of work. The average monthly salary is lower compared to western countries, but the cost of living in Monrovia is also significantly lower. It's important to note that in Liberia, many people work in the informal sector, which often means they do not have a fixed salary and income can fluctuate. If you're planning on working in Monrovia, research your industry and job ahead of time to ensure you're receiving fair compensation.
If you're planning a trip to Monrovia, it's important to have cash on hand as credit card usage is limited in the country. ATMs can be found throughout the city, but may not always be reliable. It's also important to note that the US dollar is widely accepted in Monrovia, so be sure to bring some with you when traveling. As with any international travel, it's important to keep your valuables safe and be aware of your surroundings when carrying cash.
Childcare prices
Childcare prices in Monrovia, Liberia can be quite high compared to average incomes. However, many parents are willing to pay for quality education and nurturing environments for their children. Schools in Monrovia often offer both academic and extracurricular activities to help children develop their skills and talents.
Kindergartens in Monrovia also provide a valuable service for families with young children. Here, children learn valuable social skills and prepare for their next level of education. Some kindergartens even offer language immersion programs to help children become bilingual or multilingual. Overall, childcare in Monrovia is an important investment for parents and a crucial step in giving their children a bright future.
Clothing And Shoes prices
Like many other goods and services in Monrovia, clothing and shoes can be found at various price points depending on the quality, brand, and location of the store. There are several markets and shopping centers in the city where you can find affordable clothing and shoes, including Waterside Market, Rally Time Market, and Duala Market. These markets offer a variety of styles and quality, from secondhand clothes to new and trendy pieces. If you're looking for higher-end brands and boutiques, you can check out places like Mamba Point, Sinkor, and ELWA Junction. While the prices may be higher in these areas, you'll likely find more fashionable and quality pieces that are worth the extra cost.
If you're looking for a more modern and Westernized shopping experience, there are also several malls and shopping centers in Monrovia that offer clothing and shoe stores. The two most popular malls are the Royal Grand Hotel and the TM Mall. These malls offer a variety of well-known international brands and local boutiques. While they may be more expensive, you'll likely find a better selection of styles and sizes, and shopping here is also a great way to escape the street peddlers and busy markets of the city. Overall, Monrovia offers a variety of options for clothing and shoe shopping, catering to different budgets and styles, so you're sure to find what you're looking for.
Rent Per Month prices
If you are planning a short trip to Monrovia, Liberia, you will be spoilt for accommodation choices. Whether you prefer a hotel room or a serviced apartment, Monrovia offers plenty of options to suit your needs. For those on a budget, there are affordable guesthouses and hostels that provide basic amenities for a comfortable stay. On the other hand, if you are looking for luxury and high-end options, Monrovia has several five-star hotels that offer world-class facilities and services. You can also find mid-range hotels and apartments that strike a balance between affordability and comfort. With such a wide range of options available, finding the perfect short-term accommodation in Monrovia is a breeze!
If you are looking for flexibility and privacy during your stay in Monrovia, you can opt for short-term rental apartments. These offer all the comforts of a home, including a private kitchen, living room, and bedroom, making it perfect for families or groups of friends travelling together. Short-term rental apartments also provide a cost-effective option, especially for those planning a longer stay. You can find apartments in a range of prices, sizes, and locations across Monrovia, allowing you to choose the perfect spot to explore the city. So, whether you are in Monrovia for business or leisure, for a few days or a few weeks, you will find plenty of options to suit your preferences and budget.
Buy Apartment prices
If you're in the market for real estate in Monrovia, Liberia, you have a variety of options available to you. From large estates to more modest homes and apartments, there is something for everyone. Additionally, the city boasts a range of neighborhoods, each with its own unique charm, amenities, and character. Whether you're looking for a quiet and secluded spot or a bustling urban setting, you'll find it in Monrovia.
When it comes to price, real estate in Monrovia varies widely depending on the location, size, and quality of the property. While some homes and apartments may be relatively affordable, others come with a higher price tag. However, no matter your budget, you're sure to find something that suits your needs and lifestyle. Whether you're looking to buy a starter home or a luxury estate, there is something for every buyer in Monrovia. With its range of real estate options and competitive prices, there's never been a better time to invest in the city's exciting housing market.