Cost of living and prices in Liberia, prices of food, rent, shopping, etc 🇱🇷 Updated Jul 2023

Liberia, located in Western Africa, is a country with an area of 111,370 square kilometers and a population of 3,685,076. It is bordered by Guyana and Ivory Coast. The official language is English, and the currency used is the Liberian dollar with the top-level domain of .lr.

Despite ongoing economic recovery, Liberia is still considered a low-income country with a GDP of $1,977,000,000 and GDP per capita of $536. The cost of living in Liberia is relatively low compared to developed countries, but there are still varying factors to consider.

Liberia's healthcare system is limited in quality and availability, and the country experiences frequent power outages. However, the abundance of natural resources gives it potential for growth in areas such as agriculture and tourism. Overall, expats and travelers should research and compare costs thoroughly before making the move or planning a trip to Liberia.

Cost of Living Estimate in Liberia

Total cost of living in Liberia for two person with average consumption for one month will be 644.23 USD, no rent price included. Click here to calculate cost-of-living estimate in Liberia

You can calculate cost of living in Liberia 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

Liberia is a country that is rich in its culture and local cuisine. For those looking for a unique dining experience, the local street food scene is worth trying out. There are plenty of street vendors selling all kinds of food, from grilled meat to fried plantains and cassava. These vendors are popular among locals and tourists alike. For a more formal dining experience, there are plenty of restaurants serving continental, African, and Liberian cuisine. These restaurants are mostly found in the major cities and offer a great ambiance to enjoy your meal.

For those who crave familiar tastes, fast-food chains like KFC and Jolibee are readily available in Liberia. However, for those interested in a healthier option, there are several vegetarian and vegan restaurants in the larger cities. These restaurants specialize in plant-based dishes that are both flavorful and good for you. With the abundance of fresh produce in Liberia, these restaurants are a great option for travelers looking for a healthier and delicious meal. Overall, Liberia offers a wide variety of dining options to cater to the tastes of every traveler.

Meal in Inexpensive Restaurant
7.37 $
Meal for 2 People, Mid-range Restaurant, Three-course
44.20 $
McMeal at McDonalds or Alternative Combo Meal
9.58 $
Domestic Beer, 0.5 liter Draught
1.47 $
3.19 $
Coca-Cola, 0.33 liter Bottle
1.12 $
Imported Beer, 0.33 liter Bottle
2.21 $

Markets prices

In Liberia, market prices can vary greatly depending on location and availability of goods. In more urban areas, prices may be higher due to increased demand and competition, while in rural areas, prices may be lower but also more limited in terms of options. Market prices for staple foods such as rice and cassava tend to be more stable, while prices for imported goods can fluctuate based on global market trends and currency exchange rates.

It's important to note that market prices in Liberia can also be affected by factors such as political instability and natural disasters. For example, civil unrest may disrupt supply chains and lead to shortages of certain goods, resulting in higher prices. In contrast, an increase in rainfall could lead to a higher availability of crops and a decrease in prices. Overall, market prices in Liberia can be unpredictable, but understanding the local context and monitoring trends can help navigate the marketplace and make informed purchasing decisions.

Imported Beer, 0.33 liter Bottle
1.93 $
Water, 0.33 liter Bottle
0.74 $
Milk, Regular,1 liter
1.09 $
Loaf of Fresh White Bread, 0.5 kg
0.92 $
White Rice, 1 kg
1.47 $
Eggs, 12 pack
1.77 $
Local Cheese, 1 kg
15.02 $
Chicken Breasts, Boneless and Skinless, 1 kg
16.24 $
Beef Round or Equivalent Back Leg Red Meat, 1 kg
22.73 $
Tomato, 1 kg
10.31 $
Potato, 1 kg
3.24 $
Bottle of Wine, Mid-Range Price
7.74 $
Domestic Beer, 0.5 liter Bottle
1.11 $

Transportation prices

If you're looking for an adventure, one of the most popular transportation options in Liberia is the "bush taxi". These brightly colored minibuses run throughout the country and are often packed to the brim with locals and their belongings. While they may not be the most comfortable option, they offer a unique glimpse into daily life in Liberia and the chance to meet friendly locals. You can hop on a bush taxi at one of the many departure points in major cities and towns, and from there you'll be taken to your destination in a somewhat unpredictable but definitely unforgettable manner.

If you prefer to travel in a bit more comfort, there are several options for rental cars and private drivers in Liberia. This can be a great way to see the country at your own pace and on your own schedule. Depending on the company you choose, you may have access to a range of vehicles, including SUVs and 4x4s for off-road travel. One thing to keep in mind is that driving in Liberia can be a bit chaotic, with potholes and unpredictable road conditions, so it's important to take caution and drive defensively. However, if you're up for the challenge, renting a car or hiring a driver can be a great way to explore Liberia's vibrant cities and stunning natural scenery.

Taxi Start, Normal Tariff
3.68 $
Taxi, price for 1 hour Waiting, Normal Tariff
11.05 $
Gasoline, 1 liter
0.63 $

Utilities Per Month prices

Utilities can be quite costly in Liberia compared to other parts of Africa. The cost of electricity, water, and internet can add up quickly and travelers should be prepared to budget accordingly. It's important to note that power outages are common in Liberia and many businesses and hotels have backup generators to ensure continuity of service. So, while utilities may be expensive, travelers can expect reliable service despite occasional interruptions.

While the cost of utilities can be intimidating for travelers, it's important to understand that many Liberians have limited access to these services. Some areas of the country have limited access to clean water and electricity is often only available for a few hours per day. Visitors to Liberia should keep this in mind and be conscious of their water and electricity usage while traveling. Supporting local efforts to improve access to utilities through conservation and responsible tourism can help to make a positive impact on the local community and environment.

Basic utilities for 85m2 Apartment including Electricity, Heating or Cooling, Water and Garbage
147.33 $
Prepaid Mobile Tariff Local, price per 1 min, No Discounts or Plans
0.12 $
Internet, 60 Mbps or More, Unlimited Data, Cable/ADSL
392.87 $

Sports And Leisure prices

Sports and leisure are important aspects of Liberian culture, and visitors to this West African country can enjoy a range of outdoor activities such as hiking, swimming, and visiting national parks. Liberia is home to several beautiful beaches, including the popular Robertsport Beach, where visitors can relax, swim, and try their hand at surfing. Additionally, the country has a range of adventure sports on offer including kayaking and white water rafting on the St. Paul River.

For those who prefer more sedate leisure activities, Liberia offers a diverse and interesting cultural scene. Visitors can take a tour of local markets to get a taste of the vibrant and dynamic street life, or visit the national museum to learn more about the country's fascinating history. Liberia also has a rich musical tradition, and visitors can take in concerts featuring traditional drumming and dance performances. Whether you're seeking adventure sports or a more laid-back vacation, Liberia has something for everyone.

Fitness Club, Monthly Fee for 1 Adult
81.03 $
Tennis Court Rent, 1 Hour on Weekend
7.37 $

Rent Per Month prices

Short rent and stay options in Liberia are widely available and provide a comfortable and affordable way to explore this beautiful African country. From budget-friendly hostels to luxurious hotels, travelers can choose the type of accommodation that fits their needs and budget. Additionally, short-term apartment rentals are becoming increasingly popular, giving visitors the option to stay in a fully-furnished home away from home with the convenience of a kitchen and living area.

Prices for short stay options in Liberia vary depending on the type of accommodation, location, and amenities included. Hostels and budget hotels offer the most affordable options, while private apartments and luxury hotels have higher rates. However, due to the favorable exchange rate, travelers can still find great value for their money when booking short term stays in Liberia. With so many options available, visitors are sure to find a comfortable and affordable place to stay while exploring this vibrant and welcoming country.

One bedroom apartment in city centre
1,399.61 $
One bedroom apartment outside of city centre
88.40 $
Three bedroom apartment in city centre
2,050.30 $
Three bedroom apartment outside of city centre
196.44 $

Buy Apartment prices

Real estate in Liberia is a bit of a mixed bag. You can find high-end luxury properties and more affordable homes and apartments, making it easy to find something that fits your budget. There are also many areas that offer a variety of real estate options, from small apartments to large houses. Whether you're looking for a vacation home or a permanent residence, there are plenty of choices to suit your needs.

One of the most appealing aspects of buying real estate in Liberia is that prices tend to be lower than in other countries. This means that you can get more for your money and enjoy a higher standard of living at a more affordable price. Additionally, there are many financing options available, making it easy to buy your dream home or investment property. With a little research and the help of a knowledgeable real estate agent, you can find the perfect piece of property to meet your needs.

Price per m2 to Buy Apartment in City Center
77.31 $

Salaries And Financing prices

Liberia is a country that has a very diverse economy, with a mix of agriculture, mining, and services. Salaries in Liberia vary depending on the sector and the profession, but in general, they are lower than in developed countries. The majority of the population works in the informal sector, where salaries are often low and unstable. However, if you are working in the formal sector, you can expect to earn a decent salary that will allow you to live a comfortable life.

Financing in Liberia is a complex issue, with limited access to financial services for the majority of the population. The banking sector in Liberia is relatively small, with a handful of commercial banks and microfinance institutions. Most of the financing in Liberia comes from international aid agencies and development partners, which provide funding for various projects and initiatives. However, if you are traveling to Liberia, you should always carry cash with you, as credit cards are not widely accepted, and ATMs are not readily available outside of the major cities.

Average Monthly Net Salary, After Tax
736.64 $