Cost Of Living For a Couple in Cote Divoire 2024

Couple cost of living chart - average monthly expenditure in Cote Divoire

Average Monthly Expenditure

Currency: XOF
130,000 390,000 2.1M
MINIMUM AVERAGE MAXIMUM
$210 $640 $3,400

Average monthly spending for couples in Cote Divoire

How much money does a couple need in a month to survive in Cote Divoire?

Couples in Cote Divoire spend around 390,000 XOF per month on average. Depending on the lifestyle, a couple can survive with a monthly budget as low as 130,000 XOF or as high as 2.1M XOF. Location and income are very important factors and have a huge influence on expenditure and budget.


Prices and cost of goods and services in Cote Divoire


Chart showing the prices and cost of grocery, food, restaurant meals, market, and beverages in Cote Divoire

Dining, food, and beverages costs


Fast food combo meal

340 XOF 680 XOF 1,100 XOF
MINIMUM AVERAGE MAXIMUM
$0.56 $1.1 $1.9

Restaurant meal for one

1,100 XOF 1,700 XOF 3,400 XOF
MINIMUM AVERAGE MAXIMUM
$1.9 $2.8 $5.6

Fine dining meal for one

2,300 XOF 3,400 XOF 14,000 XOF
MINIMUM AVERAGE MAXIMUM
$3.7 $5.6 $22

Cappuccino or latte

280 XOF 450 XOF 680 XOF
MINIMUM AVERAGE MAXIMUM
$0.47 $0.75 $1.1

Grocery and market costs


Milk large bottle

230 XOF 270 XOF 340 XOF
MINIMUM AVERAGE MAXIMUM
$0.37 $0.45 $0.56

12 eggs

170 XOF 230 XOF 340 XOF
MINIMUM AVERAGE MAXIMUM
$0.28 $0.37 $0.56

Fresh whole chicken

380 XOF 500 XOF 700 XOF
MINIMUM AVERAGE MAXIMUM
$0.64 $0.82 $1.2

Pack of beef

450 XOF 680 XOF 1,400 XOF
MINIMUM AVERAGE MAXIMUM
$0.75 $1.1 $2.2

Medium bag of rice

180 XOF 250 XOF 350 XOF
MINIMUM AVERAGE MAXIMUM
$0.30 $0.41 $0.58

Bag of tomatos

68 XOF 90 XOF 170 XOF
MINIMUM AVERAGE MAXIMUM
$0.11 $0.15 $0.28

Bag of apples

120 XOF 160 XOF 260 XOF
MINIMUM AVERAGE MAXIMUM
$0.20 $0.26 $0.43
Chart showing the prices and cost of commute, travel, and transportation in Cote Divoire


Commute, travel, and transportation costs


20 minutes taxi ride

280 XOF 340 XOF 680 XOF
MINIMUM AVERAGE MAXIMUM
$0.47 $0.56 $1.1

Average car full tank

1,700 XOF 2,300 XOF 4,500 XOF
MINIMUM AVERAGE MAXIMUM
$2.8 $3.7 $7.5

Average car 1-day rental

1,700 XOF 2,300 XOF 3,400 XOF
MINIMUM AVERAGE MAXIMUM
$2.8 $3.7 $5.6

Average car price

850,000 XOF 1.7M XOF 2.3M XOF
MINIMUM AVERAGE MAXIMUM
$1,400 $2,800 $3,700

Bus ticket one way

56 XOF 85 XOF 170 XOF
MINIMUM AVERAGE MAXIMUM
$0.09 $0.14 $0.28

Car Service

2,300 XOF 3,400 XOF 6,800 XOF
MINIMUM AVERAGE MAXIMUM
$3.7 $5.6 $11
Chart showing the prices and cost of utility, energy, water, and gas in Cote Divoire


Utility cost (monthly)


Utility Bill - Couple

5,200 XOF 18,000 XOF 110,000 XOF
MINIMUM AVERAGE MAXIMUM
$8.6 $29 $190

Internet and cable

1,700 XOF 3,400 XOF 4,500 XOF
MINIMUM AVERAGE MAXIMUM
$2.8 $5.6 $7.5

Mobile phone charges

1,400 XOF 2,300 XOF 6,800 XOF
MINIMUM AVERAGE MAXIMUM
$2.2 $3.7 $11

Leisure and activities costs


Movie ticket

850 XOF 1,100 XOF 1,700 XOF
MINIMUM AVERAGE MAXIMUM
$1.4 $1.9 $2.8

One month gym membership

2,700 XOF 3,400 XOF 6,800 XOF
MINIMUM AVERAGE MAXIMUM
$4.5 $5.6 $11
Chart showing the prices and cost of clothing and accessories in Cote Divoire


Cloths and accessories costs


Pair of jeans or pants

2,000 XOF 2,800 XOF 4,200 XOF
MINIMUM AVERAGE MAXIMUM
$3.3 $4.7 $7

Woman dress

1,900 XOF 2,600 XOF 8,500 XOF
MINIMUM AVERAGE MAXIMUM
$3.1 $4.3 $14

Woman shoes

1,800 XOF 2,400 XOF 5,600 XOF
MINIMUM AVERAGE MAXIMUM
$2.9 $4 $9.3

Men's shoes

1,500 XOF 1,900 XOF 3,800 XOF
MINIMUM AVERAGE MAXIMUM
$2.5 $3.1 $6.2

Men suit

1,700 XOF 2,100 XOF 11,000 XOF
MINIMUM AVERAGE MAXIMUM
$2.8 $3.5 $19

Regular t-shirt

850 XOF 1,100 XOF 3,400 XOF
MINIMUM AVERAGE MAXIMUM
$1.4 $1.9 $5.6
Chart showing the prices and cost of housing, accommodation, and rent in Cote Divoire


Housing costs / monthly rent


Studio apartment

28,000 XOF 42,000 XOF 110,000 XOF
MINIMUM AVERAGE MAXIMUM
$47 $70 $190

1-bedroom apartment

42,000 XOF 68,000 XOF 170,000 XOF
MINIMUM AVERAGE MAXIMUM
$70 $110 $280

2-bedroom apartment

56,000 XOF 85,000 XOF 230,000 XOF
MINIMUM AVERAGE MAXIMUM
$93 $140 $370

Housing costs / Buying


Studio apartment

5.6M XOF 8.5M XOF 17M XOF
MINIMUM AVERAGE MAXIMUM
$9,300 $14,000 $28,000

1-bedroom apartment

6.8M XOF 11M XOF 42M XOF
MINIMUM AVERAGE MAXIMUM
$11,000 $19,000 $70,000

2-bedroom apartment

11M XOF 34M XOF 68M XOF
MINIMUM AVERAGE MAXIMUM
$19,000 $56,000 $110,000
Chart showing the prices and cost of furniture in Cote Divoire


Furniture Costs


King Size Bed

34,000 XOF 42,000 XOF 56,000 XOF
MINIMUM AVERAGE MAXIMUM
$56 $70 $93

Double Bed

23,000 XOF 34,000 XOF 42,000 XOF
MINIMUM AVERAGE MAXIMUM
$37 $56 $70

Single Bed

20,000 XOF 26,000 XOF 34,000 XOF
MINIMUM AVERAGE MAXIMUM
$33 $43 $56

Living Room

38,000 XOF 48,000 XOF 170,000 XOF
MINIMUM AVERAGE MAXIMUM
$62 $80 $280

Dining Table

17,000 XOF 23,000 XOF 42,000 XOF
MINIMUM AVERAGE MAXIMUM
$28 $37 $70

Sofa or Couch

23,000 XOF 31,000 XOF 68,000 XOF
MINIMUM AVERAGE MAXIMUM
$37 $51 $110
Chart showing the prices and cost of electronic devices and appliances in Cote Divoire


Electronics and House Appliance Costs


TV Set

23,000 XOF 34,000 XOF 68,000 XOF
MINIMUM AVERAGE MAXIMUM
$37 $56 $110

Fridge or Freezer

20,000 XOF 31,000 XOF 42,000 XOF
MINIMUM AVERAGE MAXIMUM
$33 $51 $70

Washing Machine

26,000 XOF 38,000 XOF 68,000 XOF
MINIMUM AVERAGE MAXIMUM
$43 $62 $110

Stove or Cooker

24,000 XOF 31,000 XOF 42,000 XOF
MINIMUM AVERAGE MAXIMUM
$40 $51 $70

Mobile Phone

28,000 XOF 34,000 XOF 48,000 XOF
MINIMUM AVERAGE MAXIMUM
$47 $56 $80

Laptop or Computer

31,000 XOF 38,000 XOF 68,000 XOF
MINIMUM AVERAGE MAXIMUM
$51 $62 $110
Couple cost of living and expenditure to income ratio in Cote Divoire

Couple expenditure to income ratio in Cote Divoire

Analysing the how affordable it is for couples to live in Cote Divoire

One of the most definite ways to determine how affordable a place is measuring the ratio of expenses to salary. A high expense-to-income to ratio indicates a high cost-of-living index while a low expenditure-to-salary ratio means the place is affordable to live in. Couples usually spend a larger chunk of their income than other population groups. A typical and healthy expenditure percentage for a couple of four ranges between 70% to 80%.


Spending to Income Ratio

84%

78% to 91%

( expenditure / income ) x 100


Couples in Cote Divoire spend around 84% of their monthly income. Some couples spend as low as 78% of their income while some as high as 91%.

Distribution of monthly cost of living expenses of a couple in Cote Divoire

How do couples spend their money in Cote Divoire?

We asked thousands of couples about their spending habits and expenditure break down.


The percentage figures in this section are percentages of total spending not income. If you would like to see the percentage of expenses as related to income or salary, see other sections.

Housing and accomodation expenditure for couples

Accomodation Cost26%

26% of total expenses on average (19% to 36%)

LOW$73   44,000 XOF
AVERAGE$220   130,000 XOF
HIGH$1,200   710,000 XOF
Per Month

Couples in Cote Divoire typically spend from 19% to 36% of their total monthly expenditure on housing with 26% being the average. The average monthly spend on housing is 130,000 XOF with expenditure ranging from 44,000 XOF to 710,000 XOF. This cost mainly goes for rent but it also includes other accommodation-related expenses.

Electricity, utilities, energy, water, internet, and mobile expenditure for couples

Cost of utilities8%

8% of total expenses on average (6% to 12%)

LOW$8.6   5,200 XOF
AVERAGE$29   18,000 XOF
HIGH$190   110,000 XOF
Per Month

Utility expenditure like electricity, water, and gas in Cote Divoire ranges from 6% to 12% of total expenses with 8% being the average for most couples. The average monthly cost of utilities is 18,000 XOF with 5,200 XOF and 110,000 XOF being the upper and lower limits for a couple of four.

Transport, fuel, and commute expenditure for couples

Cost of transport and fuel8%

8% of total expenses on average (2% to 13%)

LOW$26   16,000 XOF
AVERAGE$77   47,000 XOF
HIGH$410   250,000 XOF
Per Month

Fuel consumption and cost of transport depend heavily on whether a couple resides near school and work, but roughly speaking a couple would expect to spend from 16,000 XOF to 250,000 XOF in a month on commuting with 47,000 XOF being the norm for most couples. This means that money spent on transport constitutes about 8% of total spending on average but can go as low as 2% or as high as 13%.

Food, groceries, and basic shopping expenditure for couples

Food and Groceries Cost18%

18% of total expenses on average (13% to 23%)

LOW$30   18,000 XOF
AVERAGE$90   54,000 XOF
HIGH$480   290,000 XOF
Per Month

The average outlay on groceries and basic houshold items for a typical couple in a month in Cote Divoire is 54,000 XOF. The cost of groceries can range between 18,000 XOF to 290,000 XOF. Couples spend on average about 18% on food and groceries with upper and lower bounds of 13% and 23% respectively.

Healthcare and medical services expenditure for couples

Cost of healthcare15%

15% of total expenses on average (9% to 19%)

LOW$24   14,000 XOF
AVERAGE$71   43,000 XOF
HIGH$380   230,000 XOF
Per Month

Couples in Cote Divoire allocate 9% to 19% of their total monthly expenditure to healthcare including health insurance and out-of-pocket medical expenses. The average spending on medical services and clinic visits is around 15%. The range of medical expenses range from 14,000 XOF to 230,000 XOF with 43,000 XOF being the norm for most couples.

Leisure and shopping expenditure for couples

Cost of leisure and shopping3%

3% of total expenses on average (1% to 6%)

LOW$13   7,800 XOF
AVERAGE$39   23,000 XOF
HIGH$210   120,000 XOF
Per Month

This category mostly contains discretionary or non-essential expenses but also some non-discretionary spending like furniture for example. The monthly expenses range from 7,800 XOF to 120,000 XOF with 23,000 XOF being the average. Speaking of percentages, that equates to 1% to 6% of total expenses with an average of 3% for most couples.

Education and schooling expenditure for couples

Cost of education and schooling1%

1% of total expenses on average (0.00% to 3%)

LOW$4.3   2,600 XOF
AVERAGE$13   7,800 XOF
HIGH$69   42,000 XOF
Per Month

Spending on education can vary drastically between different couples. On average, education constitutes 1% of the monthly expenditure of couples with 0.00% and 3% being the lower and upper bounds respectively. The average reported education cost is 7,800 XOF per month with 2,600 XOF being the minimum spent amount and 42,000 XOF being the maximum.

Other Expenses21%

21% of total expenses on average (15% to 27%)

LOW$36   22,000 XOF
AVERAGE$110   66,000 XOF
HIGH$580   350,000 XOF
Per Month
Percentage of couples who manage to save money from their income every month in Cote Divoire

What percentage of couples in Cote Divoire are able to save money and how much can they save?


Percentage of couples that reported their ability to save money


Saving Money
53%
Not Saving
47%

Almost 53% of surveyed couples in Cote Divoire said that they can save some money at the end of each month while 47% reported that they have to utilize their whole income to survive.


Couple savings to income ratio in Cote Divoire

Savings-to-Income Ratio

The savings-to-income ratio is measured as the percentage of income that people save over a specific period and it is simply calculated by dividing the saved money by total income and then multiplying the result by 100. (Savings / Income) x 100.


How much money do couples manage to add to their savings?

The amount of money that people can afford to save depends hugely on their income. It is better to focus on the percentage when trying to understand saving patterns.

Saving to Income Ratio

7% 14% of income 27%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

39,000 XOF
$65
120,000 XOF
$200
630,000 XOF
$1,000
MINIMUM AVERAGE MAXIMUM

Savings to income distribution levels for couples

Saving To Income Ratio% Couples
0% - 10%39%
10% - 20%29%
20% - 30%20%
30% - 40%5%
40% - 50%5%
> 50%2%

Interpretation and Analysis

Couples that are able to save money can put anywhere from 7% to 27% of their monthly income to their savings, with 14% being the average for most couples. The average monthly amount of money that couples can put aside is 120,000 XOF with 39,000 XOF and 630,000 XOF being the minimum and maximum respectively.

Reasons that make it difficult for couples to save money in Cote Divoire

Saving Challenges in Cote Divoire

Reasons that make it difficult for couples to save money

We wanted to understand what is stopping couples from maximizing their savings in Cote Divoire. Listed below are the answers given by the survey participants.


Reason% People
Low Income4%
High Expenses7%
Debt and Loans12%
Lack of Budgeting Skills12%
Impulsive Spending12%
Financial Emergencies7%
Living the moment5%
Will do it later22%
Inflation14%
Social Pressure3%
Market Instability2%

Around 4% of the couples said that their salary is too low to accommodate a portion for savings while 7% said that the high cost of living leaves little room for savings. 12% of the residents said that they are burdened with debt and find it challenging to save money. 12% reported that they just don't have the knowledge or discipline to create and stick to a budget, leading to overspending and an inability to save. 12% of couples blamed impulsive spending as the reason for saving inability. Around 7% said that unexpected expenses like medical bills or car repairs are derailing their savings goals. 5% bluntly said that they don't see the purpose of it and prefer to live each day to the fullest. 22% reported that they understand the value of saving but are putting off saving for the future, thinking they have plenty of time to start later. 14% blamed inflation, saying that every time they save some money they end up using it immediately. A surprising 3% said that social pressure and keeping up with peers or social expectations makes them overspend. Lastly, 2% blamed market instability and price fluctuations.

Where do couples choose to put their savings in Cote Divoire

Typical saving choices for couples in Cote Divoire

Where do people choose to put their savings?


Saving Type% People
Emergency Funds13%
Gold14%
Savings Accounts17%
Retirement Accounts9%
Cash Savings22%
Real Estate9%
Investment5%
Stocks4%
Bonds4%
Mutual Funds2%
Certificates of Deposit3%
A typical and healthy budgeting structure. The 50-30-20 rule

A typical and healthy budgeting structure

The 50/30/20 rule

Spending among different people can vary significantly based on factors such as their income, lifestyle, location, and personal preferences. A commonly used guideline for budgeting is the 50/30/20 rule, which suggests allocating your income into three main categories in the following percentages.

  • 50% for needs and financial obligations

    This category includes essential expenses like housing, utilities, groceries, transportation, and healthcare.

  • 30% for wants and discretionary spending

    This category covers discretionary spending on non-essential items, such as dining out, entertainment, travel, and other lifestyle choices.

  • 20% for savings and emergency fund

    This is the percentage that must be allocated to savings, emergency funds, and retirement accounts.

About financial planning, money management, and household budgeting

The 50/30/20 rule is used as a general guideline but may not be the best choice for all people. There are in fact many budgeting plans out there like the 70/20/10 and the 60/20/20 rules, all claiming to be the best. More important than all of this is to establish financial discipline by creating a budget tailored to your specific financial goals and situation. It is very important that your financial outflow be less than your income to maintain a healthy cash flow.

Income and cost of living compatibility. Is it affordable or economical for couples to live in Cote Divoire

Affordable living in Cote Divoire

Income and cost of living compatibility

We asked couples one simple question and recorded their answers.

Is it affordable or economical to live in Cote Divoire?


Yes
51%
No
49%

Around 51% of surveyed couples think that living in Cote Divoire is affordable with proper budgeting while 49% reported that it is just too expensive and not affordable even with frugality and thriftness.

How easily is cost-cutting for couples. Are there plenty of low-cost options in Cote Divoire

Low-cost alternatives in Cote Divoire

People are always looking for ways to cut down expenses and reduce expenditures. The hallmark of any affordable place is the availability of discount stores, bargain deals, smart or secondhand shopping, refurbished items, and couponing. We asked couples how easily cost-cutting is and the answers were distributed as follows:

Plenty of low-cost options56%

Few low-cost options44%


Based on the survey, 56% of the couples living in Cote Divoire have no problem finding low-cost alternatives to support a frugal lifestyle while 44% think that thriftness is difficult due to scarcity in discount markets and secondhand outlets.

Emergency Funds For Couples

An emergency fund is a financial safety net comprised of easily accessible savings set aside to cover unexpected expenses or financial emergencies, typically amounting to three to six months' worth of living expenses. We asked couples of Cote Divoire whether they have an emergency fund and the answers were as follows.

Yes51%

No49%


Based on the survey, 49% of the couples living in Cote Divoire said that they don't have an emergency fund while 51% said that they do.

Financial literacy and difficulty in budgeting and financial planning for couples in Cote Divoire

Financial Literacy in Cote Divoire

Financial literacy is the knowledge of concepts and principles related to personal finance that allow individuals to make informed decisions regarding their money such as budgeting, saving, investing, borrowing, managing debt, financial risk management, and planning.

Financial Leteracy46%


We asked couple guardians and parents in Cote Divoire whether they acquired any adequate personal financial training in their lives. Approximately 54% of the people who participated in the survey said that they are not well informed about the topics of budgeting, saving, etc., and just manage things based on their own experience, while 46% said that they know about the general principles of personal finance from sources other than their own experience.


Difficulty in Budgeting and Financial Planning

We wanted to understand whether couples of Cote Divoire have problems or difficulties in managing their expenditures and savings so we asked people one simple question: do you struggle with your personal finances? 45% of the participants reported that they indeed struggle in creating budgets and in organizing their finances while 55% said that they have everything under control.

Struggles with finance45%

Easily manages finances55%

Financial goals and targets of couples living in Cote Divoire

Financial goals of couples in Cote Divoire

In an attempt to understand the economic situation in Cote Divoire, we asked participants about their financial targets. By knowing what the population in general is trying to achieve, we can shed light on the economic outlook, cost of living, and quality of life in general.


Financial Goal% People
Emergency Fund9%
Debt Reduction45%
Retirement Savings11%
Education Funding6%
Homeownership19%
Investing6%
Travel or Lifestyle5%
Healthcare Expenses15%
Financial Independence4%

Around 9% of couples said that their main goal is to establish an emergency fund to cover unexpected expenses while 45% said their number one priority is to pay off high-interest debt or loans and improve credit. 11% of surveyed people confirmed that saving for retirement to ensure a comfortable lifestyle in the final years is their main target. Around 6% reported that their priority is saving for the tuition fees and education costs of their children while 19% choose to buy a home or pay off existing mortgage before other things. 6% of the population would like to build wealth through investments such as stocks, bonds, mutual funds, or real estate. For 5% of people, saving for vacations or upgrading their lifestyle is the number one concern. Approximately 15% of the residents said that saving for healthcare expenses including insurance premiums is their main goal.

Chart showing the percentage of couples who are in debt in Cote Divoire

Debt, loans, and mortgages in Cote Divoire


Percentage of couples who are in debt


In Debt
28%
Debt Free
72%

According to the survey, 28% of the couples in Cote Divoire have some kind of debt, loan, mortgage, or credit card payments while 72% reported that they don't have financial obligations to banks.


Chart showing debt-to-income ratio in Cote Divoire

Debt-to-income ratio in Cote Divoire

Debt to income ratio

33%

25% to 41%

( monthly debt payment / monthly income ) x 100

Interpretation

The debt-to-income ratio measures the percentage of income being paid as debt settlement across the population. It is calculated by dividing the monthly debt settlement payment of an individual by their monthly income. Based on collected data, approximately 33% of a couple's monthly income in Cote Divoire goes to debt settlement.


Debt levels

Monthly debt settlement payment as percentage of monthly income

Debt-to-income ratio% People
> 60%3%
50% - 60%20%
40% - 50%15%
30% - 40%17%
20% - 30%9%
10% - 20%10%
0% - 10%25%

According to our data, 3% of the debtors in Cote Divoire pay 60%+ of their income as debt settlement while 20% of the people pay 50% to 60% of their income for the same, which is quite an alarming financial situation for those individuals. 15% of people in debt dedicate 40% to 50% of their income to loan and mortgage payments while 17% dedicated 30% to 40% of income for same. Things are looking brighter for 9% of individuals as they only pay 20% to 30% of their income for loan and credit card repayment.


Distribution by type of debt in Cote Divoire

Debt% People
Real Estate Mortgage7%
Auto Loan13%
Student Loan4%
Credit Card31%
Personal Loan45%

7% of debtors in Cote Divoire confirm that real estate mortgages constitutes the main part of their outstanding debt while 31% say that credit card payments are the reason they are in debt. Auto loans were the main type of debt for 13% of people and personal loans rose at 45%. Lastly, student loans are the main source of debt for 4% of debtors in Cote Divoire.


About credit score and debt management

Managing debt is a critical aspect of maintaining a favorable credit score. Debt reduction is the first thing you should do improve your financial situation. Getting rid of debt takes precedence over saving money because of interest rates.

Good debt vs. Bad debt

Not all debt is bad. Good debt typically refers to borrowing money for investments that can increase in value or generate income over time like purchasing a home or acquiring student loans. On the other hand, bad debt involves borrowing for things that fail to generate lasting value like high-interest credit card debt used for non-essential expenses like luxury items or vacations.


Loan Affordability Index in Cote Divoire

Besides measuring the loan-to-income ratio, we asked couples of Cote Divoire how many times in a year they defaulted or were unable to pay their due credit card or loan payments on time. Understanding how often people default on their due payments is one of the indicators of the cost of living and economic situation.

Frequency and percentage of people who failed to pay their monthly credit card or loan payments on time last year.

Frequency% People
Never49%
Once a year24%
Twice a year13%
Three times a year9%
Four times a year4%
Housing and accommodation affordability, property price to income ratio, rent to income ratio, and housing affordability index chart in Cote Divoire

Housing costs, accommodation, and housing affordability in Cote Divoire

Rental costs and house/apartment prices can vary drastically between different areas and locations.


Rent Cost in Cote Divoire

Monthly Rent Prices

Studio apartment monthly rent cost

28,000 XOF 42,000 XOF 110,000 XOF
MINIMUM AVERAGE MAXIMUM
$47 $70 $190

1-bedroom apartment monthly rent cost

42,000 XOF 68,000 XOF 170,000 XOF
MINIMUM AVERAGE MAXIMUM
$70 $110 $280

2-bedroom apartment monthly rent cost

56,000 XOF 85,000 XOF 230,000 XOF
MINIMUM AVERAGE MAXIMUM
$93 $140 $370

3-bedroom apartment monthly rent cost

68,000 XOF 110,000 XOF 310,000 XOF
MINIMUM AVERAGE MAXIMUM
$110 $190 $510

Furnished apartment monthly rent cost

140,000 XOF 340,000 XOF 680,000 XOF
MINIMUM AVERAGE MAXIMUM
$220 $560 $1,100

Townhouse monthly rent cost

110,000 XOF 170,000 XOF 480,000 XOF
MINIMUM AVERAGE MAXIMUM
$190 $280 $800

House monthly rent cost

140,000 XOF 340,000 XOF 680,000 XOF
MINIMUM AVERAGE MAXIMUM
$220 $560 $1,100

Villa monthly rent cost

170,000 XOF 420,000 XOF 680,000 XOF
MINIMUM AVERAGE MAXIMUM
$280 $700 $1,100

The monthly rental cost of a studio apartment in Cote Divoire ranges between 28,000 XOF and 110,000 XOF, meanwhile the cost of monthly rental of a one-bedroom apartment can be anywhere from 42,000 XOF to 170,000 XOF. Two-bedroom rentals rate ranges between 56,000 XOF and 230,000 XOF per month. The monthly rental for a three-bedroom apartment ranges from 68,000 XOF to 310,000 XOF. The average rent of a townhouse in Cote Divoire is around 170,000 XOF while house rental costs can be as high as 340,000 XOF per month. Finally, if you want to rent a villa, expect to pay anywhere from 170,000 XOF to 680,000 XOF per month.



Apartment and house prices in Cote Divoire

Cost of buying a property

Studio apartment price

5.6M XOF 8.5M XOF 17M XOF
MINIMUM AVERAGE MAXIMUM
$9,300 $14,000 $28,000

1-bedroom apartment price

6.8M XOF 11M XOF 42M XOF
MINIMUM AVERAGE MAXIMUM
$11,000 $19,000 $70,000

2-bedroom apartment price

11M XOF 34M XOF 68M XOF
MINIMUM AVERAGE MAXIMUM
$19,000 $56,000 $110,000

3-bedroom apartment price

38M XOF 56M XOF 170M XOF
MINIMUM AVERAGE MAXIMUM
$62,000 $93,000 $280,000

Townhouse price

48M XOF 110M XOF 420M XOF
MINIMUM AVERAGE MAXIMUM
$80,000 $190,000 $700,000

House price

56M XOF 340M XOF 480M XOF
MINIMUM AVERAGE MAXIMUM
$93,000 $560,000 $800,000

Villa price

68M XOF 380M XOF 560M XOF
MINIMUM AVERAGE MAXIMUM
$110,000 $620,000 $930,000

The average price of a studio apartment in Cote Divoire can range from 5.6M XOF to 17M XOF depending on location. One bedroom cost can be anywhere from 6.8M XOF to 42M XOF. A villa can cost you 380M XOF on average with prices ranging from 68M XOF to 560M XOF.


If you're leasing or purchasing, housing costs in Cote Divoire will probably constitute your biggest expenditure, yet it's an area where you wield considerable influence. This is due to the substantial variance in housing prices across communities. Keep in mind the location of your workplace and the accessibility of essential amenities to prevent negating the savings from lower rental rates with increased transportation expenses.

House / apartment prices to income ratio


Property price to income ratio

( average property price / average monthly income ) x 100


28 x76 monthly income 186
MINIMUM AVERAGE MAXIMUM

Property prices in Cote Divoire can be x76 to x186 multiples of the monthly income depending on the property and the income of the person. On average, property prices are approximately x76 multiples of the average monthly salary in Cote Divoire.



Rent to income ratio


Rent to income ratio

( monthly rental / monthly income ) x 100


18% 28% of income 38%
MINIMUM AVERAGE MAXIMUM

The average rent-to-income ratio in Cote Divoire is around 28%. This means that people pay 28% of their income for rent. Those figures can range from 18% to 38% depending on the salary, location, and type of property.


The housing-to-income ratio is a very important metric to evaluate and measure how affordable living is in a particular area, city, or country since housing comprises the biggest chunk of expenditure. A higher housing to income ratio means that the place is relatively expensive. The figure by itself does tell much. It only starts to make sense when comparing the housing to income ratio across different locations.

Housing affordability index

The housing affordability index measures how affordable accommodation is in a particular place. This can measured in multiple ways, the most common being housing expenditure to total expenditure ratio and the rent to income ratio. The housing expenditure ratio is a figure reported by individuals on the percentage they allocate for housing. Rent to income ratio is calculated by dividing the average monthly rent by the average income. Because these values are both percentages, we can find their average and get the best of the two worlds.

Housing Affordability Index
26%

Property Taxes

Real estate owners pay property taxes to local tax authorities, which are determined by the assessed value of their property. Typically, these taxes are paid once a year. Property tax funds contribute to community development, financing infrastructure improvements, public services, and local education initiatives.


FROM
1.8%
AVERAGE
2.8%
TO
3.8%

Home Maintenance Costs

Home maintenance costs encompass various expenses associated with the upkeep and repair of a residence. These expenditures include regular tasks such as lawn care, pest control, and HVAC system servicing, as well as occasional repairs and renovations like fixing leaks, painting, or replacing appliances.


520 XOF 6,700 XOF 67,000 XOF
MINIMUM AVERAGE MAXIMUM

Urban vs. rural living costs

Urban living typically entails higher housing and transportation costs due to demand and limited space, while rural areas generally offer lower housing expenses but may have higher prices for goods and services. The differnce in rental rates between urban areas and rural areas can be as high as 300% in some cases.

Monthly costs and expenses of energy and basic utilities in Cote Divoire

Utilities expenditure can vary slightly between different areas and locations.


Energy, electricity, water, gas, internet, and mobile cost in Cote Divoire

Utility Bill Cost / Electricity + Water + Gas / Couple

5,200 XOF 18,000 XOF 110,000 XOF
MINIMUM AVERAGE MAXIMUM
$8.6 $29 $190

Internet and cable cost

1,700 XOF 3,400 XOF 4,500 XOF
MINIMUM AVERAGE MAXIMUM
$2.8 $5.6 $7.5

Mobile phone bill and charges

1,400 XOF 2,300 XOF 6,800 XOF
MINIMUM AVERAGE MAXIMUM
$2.2 $3.7 $11

Because most utility bills club electricity, water, and gas costs in one bill, we can't provide a breakup for each type of utility and will display electricity, gas, and water as single cost.


The average monthly energy and water consumption of couples is around 18,000 XOF. The cost of internet and WiFi ranges from 1,700 XOF to 4,500 XOF with 3,400 XOF being the average internet bill. Finally, the average monthly mobile charges is around 2,300 XOF but can range between 1,400 XOF and 6,800 XOF depending on consumption. Mobile charges include both calling minutes as well as data packages.


Energy / Utility expense to income ratio


( monthly utility expenses / monthly income ) x 100


4% 7% of income 11%
MINIMUM AVERAGE MAXIMUM

The average utility-to-income ratio in Cote Divoire is around 7%. This means that people pay 7% of their income for energy, water, internet, and mobile charges. Those figures can range from 4% to 11% depending on salary and location.

Food Prices, Dining Expenses, and Grocery Costs in Cote Divoire

Grocery / Food expenditure and prices can vary drastically between different areas and locations.


Prices and cost of goods and services in Cote Divoire

Dining out, food, and beverages costs. Price variations for common food items.

Fast food combo meal price

340 XOF 680 XOF 1,100 XOF
MINIMUM AVERAGE MAXIMUM
$0.56 $1.1 $1.9

The average price of a regular combo meal at a fast food outlet or chain like McDonald's, Pizzahut, or KFC in Cote Divoire is approximatly 680 XOF with meal cost ranging from 340 XOF to 1,100 XOF. The typical combo meal consists of a burger, french fries, and a drink.

Restaurant meal for one price

1,100 XOF 1,700 XOF 3,400 XOF
MINIMUM AVERAGE MAXIMUM
$1.9 $2.8 $5.6

If you are planning to have a nice meal at a mid-range restaurant, expect to pay anywhere between 1,100 XOF and 3,400 XOF with 1,700 XOF being the average price of a plate for one person at a regular restaurant in Cote Divoire.

Fine dining meal for one price

2,300 XOF 3,400 XOF 14,000 XOF
MINIMUM AVERAGE MAXIMUM
$3.7 $5.6 $22

The price range of a meal at fine-dining restaurant is 2,300 XOF to 14,000 XOF with the average cost being 3,400 XOF for one person. This is what you would expect to pay a top-tier diner in Cote Divoire.

Beverage prices, cappuccino, latte etc..

280 XOF 450 XOF 680 XOF
MINIMUM AVERAGE MAXIMUM
$0.47 $0.75 $1.1

The average price of a regular beverage like cappuccino or latte at Starbucks, Costa, or similar coffee shops and cafes in Cote Divoire is around 450 XOF. Price ranges between 280 XOF and 680 XOF depending on the type of beverage, the size, and optional add-ons.



Grocery and market costs

Large bottle of milk price

230 XOF 270 XOF 340 XOF
MINIMUM AVERAGE MAXIMUM
$0.37 $0.45 $0.56

The average price of a large bottle of milk in Cote Divoire is 270 XOF. The maximum what you would pay for milk is 340 XOF and the minimum being 230 XOF depending on the brand of milk and other properties.

12 eggs price

170 XOF 230 XOF 340 XOF
MINIMUM AVERAGE MAXIMUM
$0.28 $0.37 $0.56

A dozen eggs costs around 230 XOF on average with 170 XOF and 340 XOF being the lower and upper limits respectively.

Fresh whole chicken price

380 XOF 500 XOF 700 XOF
MINIMUM AVERAGE MAXIMUM
$0.64 $0.82 $1.2

The price range of a fresh whole chicken in Cote Divoire is between 380 XOF and 700 XOF depending on the size of the chicken and whether it is oraganic or not. The average price is approximatly 500 XOF.

Pack of beef price

450 XOF 680 XOF 1,400 XOF
MINIMUM AVERAGE MAXIMUM
$0.75 $1.1 $2.2

The price of a regular pack of beef or meat is around 680 XOF. A pack of beef contains around 1Kg or 1lb depending on packing.

Medium bag of rice price

180 XOF 250 XOF 350 XOF
MINIMUM AVERAGE MAXIMUM
$0.30 $0.41 $0.58

A bag of rice in Cote Divoire costs around 250 XOF on average with prices rangeing between 180 XOF and 350 XOF depending on the brand and quality.

Bag of tomatos price

68 XOF 90 XOF 170 XOF
MINIMUM AVERAGE MAXIMUM
$0.11 $0.15 $0.28

A bag of tomatoes costs anywhere from 68 XOF to 170 XOF. A bag of tomatoes denotes 1Kg or 1lb depending on location.

Bag of apples price

120 XOF 160 XOF 260 XOF
MINIMUM AVERAGE MAXIMUM
$0.20 $0.26 $0.43

A bag of apples costs 160 XOF on average. A bag of apples denotes 1Kg or 1lb depending on location.


Grocery and food expenditure to income ratio


( monthly grocery expenses / monthly income ) x 100


20% 28% of income 34%
MINIMUM AVERAGE MAXIMUM

The average grocery-to-income ratio in Cote Divoire is around 28%. This means that couples spend 28% of their income on grocery and basic household items. The expenditure can range from 20% to 34% depending on salary and location.


Expenditure on food and grocery for couples

Couples' spending on grocery ranges from 18,000 XOF to 290,000 XOF with the location, income, and size of the couple being the most determinite factors.

evoeicarsraw©copound