Cost Of Living For a Couple in Lesotho 2024

Couple cost of living chart - average monthly expenditure in Lesotho

Average Monthly Expenditure

Currency: LSL
4,500 13,000 72,000
MINIMUM AVERAGE MAXIMUM
$240 $710 $3,800

Average monthly spending for couples in Lesotho

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

Couples in Lesotho spend around 13,000 LSL per month on average. Depending on the lifestyle, a couple can survive with a monthly budget as low as 4,500 LSL or as high as 72,000 LSL. Location and income are very important factors and have a huge influence on expenditure and budget.


Prices and cost of goods and services in Lesotho


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

Dining, food, and beverages costs


Fast food combo meal

12 LSL 24 LSL 39 LSL
MINIMUM AVERAGE MAXIMUM
$0.62 $1.2 $2.1

Restaurant meal for one

39 LSL 59 LSL 120 LSL
MINIMUM AVERAGE MAXIMUM
$2.1 $3.1 $6.2

Fine dining meal for one

79 LSL 120 LSL 470 LSL
MINIMUM AVERAGE MAXIMUM
$4.1 $6.2 $25

Cappuccino or latte

9.8 LSL 16 LSL 24 LSL
MINIMUM AVERAGE MAXIMUM
$0.52 $0.83 $1.2

Grocery and market costs


Milk large bottle

7.9 LSL 9.4 LSL 12 LSL
MINIMUM AVERAGE MAXIMUM
$0.41 $0.50 $0.62

12 eggs

5.9 LSL 7.9 LSL 12 LSL
MINIMUM AVERAGE MAXIMUM
$0.31 $0.41 $0.62

Fresh whole chicken

13 LSL 17 LSL 25 LSL
MINIMUM AVERAGE MAXIMUM
$0.71 $0.91 $1.3

Pack of beef

16 LSL 24 LSL 47 LSL
MINIMUM AVERAGE MAXIMUM
$0.83 $1.2 $2.5

Medium bag of rice

6.3 LSL 8.7 LSL 12 LSL
MINIMUM AVERAGE MAXIMUM
$0.33 $0.46 $0.65

Bag of tomatos

2.4 LSL 3.1 LSL 5.9 LSL
MINIMUM AVERAGE MAXIMUM
$0.12 $0.17 $0.31

Bag of apples

4.2 LSL 5.5 LSL 9.1 LSL
MINIMUM AVERAGE MAXIMUM
$0.22 $0.29 $0.48
Chart showing the prices and cost of commute, travel, and transportation in Lesotho


Commute, travel, and transportation costs


20 minutes taxi ride

9.8 LSL 12 LSL 24 LSL
MINIMUM AVERAGE MAXIMUM
$0.52 $0.62 $1.2

Average car full tank

59 LSL 79 LSL 160 LSL
MINIMUM AVERAGE MAXIMUM
$3.1 $4.1 $8.3

Average car 1-day rental

59 LSL 79 LSL 120 LSL
MINIMUM AVERAGE MAXIMUM
$3.1 $4.1 $6.2

Average car price

29,000 LSL 59,000 LSL 79,000 LSL
MINIMUM AVERAGE MAXIMUM
$1,600 $3,100 $4,100

Bus ticket one way

2 LSL 2.9 LSL 5.9 LSL
MINIMUM AVERAGE MAXIMUM
$0.10 $0.16 $0.31

Car Service

79 LSL 120 LSL 240 LSL
MINIMUM AVERAGE MAXIMUM
$4.1 $6.2 $12
Chart showing the prices and cost of utility, energy, water, and gas in Lesotho


Utility cost (monthly)


Utility Bill - Couple

180 LSL 610 LSL 4,000 LSL
MINIMUM AVERAGE MAXIMUM
$9.5 $32 $210

Internet and cable

59 LSL 120 LSL 160 LSL
MINIMUM AVERAGE MAXIMUM
$3.1 $6.2 $8.3

Mobile phone charges

47 LSL 79 LSL 240 LSL
MINIMUM AVERAGE MAXIMUM
$2.5 $4.1 $12

Leisure and activities costs


Movie ticket

29 LSL 39 LSL 59 LSL
MINIMUM AVERAGE MAXIMUM
$1.6 $2.1 $3.1

One month gym membership

94 LSL 120 LSL 240 LSL
MINIMUM AVERAGE MAXIMUM
$5 $6.2 $12
Chart showing the prices and cost of clothing and accessories in Lesotho


Cloths and accessories costs


Pair of jeans or pants

69 LSL 98 LSL 150 LSL
MINIMUM AVERAGE MAXIMUM
$3.6 $5.2 $7.8

Woman dress

65 LSL 91 LSL 290 LSL
MINIMUM AVERAGE MAXIMUM
$3.4 $4.8 $16

Woman shoes

62 LSL 84 LSL 200 LSL
MINIMUM AVERAGE MAXIMUM
$3.3 $4.4 $10

Men's shoes

54 LSL 65 LSL 130 LSL
MINIMUM AVERAGE MAXIMUM
$2.8 $3.4 $6.9

Men suit

59 LSL 74 LSL 390 LSL
MINIMUM AVERAGE MAXIMUM
$3.1 $3.9 $21

Regular t-shirt

29 LSL 39 LSL 120 LSL
MINIMUM AVERAGE MAXIMUM
$1.6 $2.1 $6.2
Chart showing the prices and cost of housing, accommodation, and rent in Lesotho


Housing costs / monthly rent


Studio apartment

980 LSL 1,500 LSL 3,900 LSL
MINIMUM AVERAGE MAXIMUM
$52 $78 $210

1-bedroom apartment

1,500 LSL 2,400 LSL 5,900 LSL
MINIMUM AVERAGE MAXIMUM
$78 $120 $310

2-bedroom apartment

2,000 LSL 2,900 LSL 7,900 LSL
MINIMUM AVERAGE MAXIMUM
$100 $160 $410

Housing costs / Buying


Studio apartment

200,000 LSL 290,000 LSL 590,000 LSL
MINIMUM AVERAGE MAXIMUM
$10,000 $16,000 $31,000

1-bedroom apartment

240,000 LSL 390,000 LSL 1.5M LSL
MINIMUM AVERAGE MAXIMUM
$12,000 $21,000 $78,000

2-bedroom apartment

390,000 LSL 1.2M LSL 2.4M LSL
MINIMUM AVERAGE MAXIMUM
$21,000 $62,000 $120,000
Chart showing the prices and cost of furniture in Lesotho


Furniture Costs


King Size Bed

1,200 LSL 1,500 LSL 2,000 LSL
MINIMUM AVERAGE MAXIMUM
$62 $78 $100

Double Bed

790 LSL 1,200 LSL 1,500 LSL
MINIMUM AVERAGE MAXIMUM
$41 $62 $78

Single Bed

690 LSL 910 LSL 1,200 LSL
MINIMUM AVERAGE MAXIMUM
$36 $48 $62

Living Room

1,300 LSL 1,700 LSL 5,900 LSL
MINIMUM AVERAGE MAXIMUM
$69 $89 $310

Dining Table

590 LSL 790 LSL 1,500 LSL
MINIMUM AVERAGE MAXIMUM
$31 $41 $78

Sofa or Couch

790 LSL 1,100 LSL 2,400 LSL
MINIMUM AVERAGE MAXIMUM
$41 $56 $120
Chart showing the prices and cost of electronic devices and appliances in Lesotho


Electronics and House Appliance Costs


TV Set

790 LSL 1,200 LSL 2,400 LSL
MINIMUM AVERAGE MAXIMUM
$41 $62 $120

Fridge or Freezer

690 LSL 1,100 LSL 1,500 LSL
MINIMUM AVERAGE MAXIMUM
$36 $56 $78

Washing Machine

910 LSL 1,300 LSL 2,400 LSL
MINIMUM AVERAGE MAXIMUM
$48 $69 $120

Stove or Cooker

840 LSL 1,100 LSL 1,500 LSL
MINIMUM AVERAGE MAXIMUM
$44 $56 $78

Mobile Phone

980 LSL 1,200 LSL 1,700 LSL
MINIMUM AVERAGE MAXIMUM
$52 $62 $89

Laptop or Computer

1,100 LSL 1,300 LSL 2,400 LSL
MINIMUM AVERAGE MAXIMUM
$56 $69 $120
Couple cost of living and expenditure to income ratio in Lesotho

Couple expenditure to income ratio in Lesotho

Analysing the how affordable it is for couples to live in Lesotho

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

81%

74% to 89%

( expenditure / income ) x 100


Couples in Lesotho spend around 81% of their monthly income. Some couples spend as low as 74% of their income while some as high as 89%.

Distribution of monthly cost of living expenses of a couple in Lesotho

How do couples spend their money in Lesotho?

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 Cost28%

28% of total expenses on average (21% to 38%)

LOW$81   1,500 LSL
AVERAGE$240   4,600 LSL
HIGH$1,300   24,000 LSL
Per Month

Couples in Lesotho typically spend from 21% to 38% of their total monthly expenditure on housing with 28% being the average. The average monthly spend on housing is 4,600 LSL with expenditure ranging from 1,500 LSL to 24,000 LSL. 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 utilities7%

7% of total expenses on average (5% to 11%)

LOW$9.5   180 LSL
AVERAGE$32   610 LSL
HIGH$210   4,000 LSL
Per Month

Utility expenditure like electricity, water, and gas in Lesotho ranges from 5% to 11% of total expenses with 7% being the average for most couples. The average monthly cost of utilities is 610 LSL with 180 LSL and 4,000 LSL being the upper and lower limits for a couple of four.

Transport, fuel, and commute expenditure for couples

Cost of transport and fuel10%

10% of total expenses on average (4% to 15%)

LOW$28   540 LSL
AVERAGE$85   1,600 LSL
HIGH$450   8,600 LSL
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 540 LSL to 8,600 LSL in a month on commuting with 1,600 LSL being the norm for most couples. This means that money spent on transport constitutes about 10% of total spending on average but can go as low as 4% or as high as 15%.

Food, groceries, and basic shopping expenditure for couples

Food and Groceries Cost16%

16% of total expenses on average (11% to 21%)

LOW$33   630 LSL
AVERAGE$99   1,900 LSL
HIGH$530   10,000 LSL
Per Month

The average outlay on groceries and basic houshold items for a typical couple in a month in Lesotho is 1,900 LSL. The cost of groceries can range between 630 LSL to 10,000 LSL. Couples spend on average about 16% on food and groceries with upper and lower bounds of 11% and 21% respectively.

Healthcare and medical services expenditure for couples

Cost of healthcare13%

13% of total expenses on average (7% to 17%)

LOW$26   490 LSL
AVERAGE$78   1,500 LSL
HIGH$420   7,900 LSL
Per Month

Couples in Lesotho allocate 7% to 17% 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 13%. The range of medical expenses range from 490 LSL to 7,900 LSL with 1,500 LSL being the norm for most couples.

Leisure and shopping expenditure for couples

Cost of leisure and shopping4%

4% of total expenses on average (2% to 7%)

LOW$14   270 LSL
AVERAGE$43   810 LSL
HIGH$230   4,300 LSL
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 270 LSL to 4,300 LSL with 810 LSL being the average. Speaking of percentages, that equates to 2% to 7% of total expenses with an average of 4% for most couples.

Education and schooling expenditure for couples

Cost of education and schooling2%

2% of total expenses on average (1% to 4%)

LOW$4.7   90 LSL
AVERAGE$14   270 LSL
HIGH$76   1,400 LSL
Per Month

Spending on education can vary drastically between different couples. On average, education constitutes 2% of the monthly expenditure of couples with 1% and 4% being the lower and upper bounds respectively. The average reported education cost is 270 LSL per month with 90 LSL being the minimum spent amount and 1,400 LSL being the maximum.

Other Expenses20%

20% of total expenses on average (14% to 26%)

LOW$40   760 LSL
AVERAGE$120   2,300 LSL
HIGH$640   12,000 LSL
Per Month
Percentage of couples who manage to save money from their income every month in Lesotho

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


Percentage of couples that reported their ability to save money


Saving Money
54%
Not Saving
46%

Almost 54% of surveyed couples in Lesotho said that they can save some money at the end of each month while 46% reported that they have to utilize their whole income to survive.


Couple savings to income ratio in Lesotho

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

12% 21% of income 32%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

1,400 LSL
$73
4,200 LSL
$220
22,000 LSL
$1,200
MINIMUM AVERAGE MAXIMUM

Savings to income distribution levels for couples

Saving To Income Ratio% Couples
0% - 10%33%
10% - 20%25%
20% - 30%19%
30% - 40%11%
40% - 50%9%
> 50%3%

Interpretation and Analysis

Couples that are able to save money can put anywhere from 12% to 32% of their monthly income to their savings, with 21% being the average for most couples. The average monthly amount of money that couples can put aside is 4,200 LSL with 1,400 LSL and 22,000 LSL being the minimum and maximum respectively.

Reasons that make it difficult for couples to save money in Lesotho

Saving Challenges in Lesotho

Reasons that make it difficult for couples to save money

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


Reason% People
Low Income6%
High Expenses9%
Debt and Loans16%
Lack of Budgeting Skills11%
Impulsive Spending10%
Financial Emergencies6%
Living the moment6%
Will do it later19%
Inflation12%
Social Pressure3%
Market Instability3%

Around 6% of the couples said that their salary is too low to accommodate a portion for savings while 9% said that the high cost of living leaves little room for savings. 16% of the residents said that they are burdened with debt and find it challenging to save money. 11% 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. 10% of couples blamed impulsive spending as the reason for saving inability. Around 6% said that unexpected expenses like medical bills or car repairs are derailing their savings goals. 6% bluntly said that they don't see the purpose of it and prefer to live each day to the fullest. 19% 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. 12% 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, 3% blamed market instability and price fluctuations.

Where do couples choose to put their savings in Lesotho

Typical saving choices for couples in Lesotho

Where do people choose to put their savings?


Saving Type% People
Emergency Funds11%
Gold11%
Savings Accounts17%
Retirement Accounts11%
Cash Savings18%
Real Estate10%
Investment6%
Stocks5%
Bonds6%
Mutual Funds3%
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 Lesotho

Affordable living in Lesotho

Income and cost of living compatibility

We asked couples one simple question and recorded their answers.

Is it affordable or economical to live in Lesotho?


Yes
53%
No
47%

Around 53% of surveyed couples think that living in Lesotho is affordable with proper budgeting while 47% 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 Lesotho

Low-cost alternatives in Lesotho

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 options57%

Few low-cost options43%


Based on the survey, 57% of the couples living in Lesotho have no problem finding low-cost alternatives to support a frugal lifestyle while 43% 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 Lesotho whether they have an emergency fund and the answers were as follows.

Yes53%

No47%


Based on the survey, 47% of the couples living in Lesotho said that they don't have an emergency fund while 53% said that they do.

Financial literacy and difficulty in budgeting and financial planning for couples in Lesotho

Financial Literacy in Lesotho

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 Leteracy48%


We asked couple guardians and parents in Lesotho whether they acquired any adequate personal financial training in their lives. Approximately 52% 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 48% 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 Lesotho have problems or difficulties in managing their expenditures and savings so we asked people one simple question: do you struggle with your personal finances? 42% of the participants reported that they indeed struggle in creating budgets and in organizing their finances while 58% said that they have everything under control.

Struggles with finance42%

Easily manages finances58%

Financial goals and targets of couples living in Lesotho

Financial goals of couples in Lesotho

In an attempt to understand the economic situation in Lesotho, 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 Fund7%
Debt Reduction38%
Retirement Savings9%
Education Funding8%
Homeownership17%
Investing8%
Travel or Lifestyle9%
Healthcare Expenses11%
Financial Independence7%

Around 7% of couples said that their main goal is to establish an emergency fund to cover unexpected expenses while 38% said their number one priority is to pay off high-interest debt or loans and improve credit. 9% of surveyed people confirmed that saving for retirement to ensure a comfortable lifestyle in the final years is their main target. Around 8% reported that their priority is saving for the tuition fees and education costs of their children while 17% choose to buy a home or pay off existing mortgage before other things. 8% of the population would like to build wealth through investments such as stocks, bonds, mutual funds, or real estate. For 9% of people, saving for vacations or upgrading their lifestyle is the number one concern. Approximately 11% 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 Lesotho

Debt, loans, and mortgages in Lesotho


Percentage of couples who are in debt


In Debt
26%
Debt Free
74%

According to the survey, 26% of the couples in Lesotho have some kind of debt, loan, mortgage, or credit card payments while 74% reported that they don't have financial obligations to banks.


Chart showing debt-to-income ratio in Lesotho

Debt-to-income ratio in Lesotho

Debt to income ratio

30%

22% to 39%

( 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 30% of a couple's monthly income in Lesotho goes to debt settlement.


Debt levels

Monthly debt settlement payment as percentage of monthly income

Debt-to-income ratio% People
> 60%3%
50% - 60%15%
40% - 50%13%
30% - 40%15%
20% - 30%13%
10% - 20%15%
0% - 10%27%

According to our data, 3% of the debtors in Lesotho pay 60%+ of their income as debt settlement while 15% of the people pay 50% to 60% of their income for the same, which is quite an alarming financial situation for those individuals. 13% of people in debt dedicate 40% to 50% of their income to loan and mortgage payments while 15% dedicated 30% to 40% of income for same. Things are looking brighter for 13% of individuals as they only pay 20% to 30% of their income for loan and credit card repayment.


Distribution by type of debt in Lesotho

Debt% People
Real Estate Mortgage11%
Auto Loan19%
Student Loan3%
Credit Card27%
Personal Loan40%

11% of debtors in Lesotho confirm that real estate mortgages constitutes the main part of their outstanding debt while 27% say that credit card payments are the reason they are in debt. Auto loans were the main type of debt for 19% of people and personal loans rose at 40%. Lastly, student loans are the main source of debt for 3% of debtors in Lesotho.


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 Lesotho

Besides measuring the loan-to-income ratio, we asked couples of Lesotho 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
Never53%
Once a year23%
Twice a year12%
Three times a year8%
Four times a year4%
Housing and accommodation affordability, property price to income ratio, rent to income ratio, and housing affordability index chart in Lesotho

Housing costs, accommodation, and housing affordability in Lesotho

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


Rent Cost in Lesotho

Monthly Rent Prices

Studio apartment monthly rent cost

980 LSL 1,500 LSL 3,900 LSL
MINIMUM AVERAGE MAXIMUM
$52 $78 $210

1-bedroom apartment monthly rent cost

1,500 LSL 2,400 LSL 5,900 LSL
MINIMUM AVERAGE MAXIMUM
$78 $120 $310

2-bedroom apartment monthly rent cost

2,000 LSL 2,900 LSL 7,900 LSL
MINIMUM AVERAGE MAXIMUM
$100 $160 $410

3-bedroom apartment monthly rent cost

2,400 LSL 3,900 LSL 11,000 LSL
MINIMUM AVERAGE MAXIMUM
$120 $210 $560

Furnished apartment monthly rent cost

4,700 LSL 12,000 LSL 24,000 LSL
MINIMUM AVERAGE MAXIMUM
$250 $620 $1,200

Townhouse monthly rent cost

3,900 LSL 5,900 LSL 17,000 LSL
MINIMUM AVERAGE MAXIMUM
$210 $310 $890

House monthly rent cost

4,700 LSL 12,000 LSL 24,000 LSL
MINIMUM AVERAGE MAXIMUM
$250 $620 $1,200

Villa monthly rent cost

5,900 LSL 15,000 LSL 24,000 LSL
MINIMUM AVERAGE MAXIMUM
$310 $780 $1,200

The monthly rental cost of a studio apartment in Lesotho ranges between 980 LSL and 3,900 LSL, meanwhile the cost of monthly rental of a one-bedroom apartment can be anywhere from 1,500 LSL to 5,900 LSL. Two-bedroom rentals rate ranges between 2,000 LSL and 7,900 LSL per month. The monthly rental for a three-bedroom apartment ranges from 2,400 LSL to 11,000 LSL. The average rent of a townhouse in Lesotho is around 5,900 LSL while house rental costs can be as high as 12,000 LSL per month. Finally, if you want to rent a villa, expect to pay anywhere from 5,900 LSL to 24,000 LSL per month.



Apartment and house prices in Lesotho

Cost of buying a property

Studio apartment price

200,000 LSL 290,000 LSL 590,000 LSL
MINIMUM AVERAGE MAXIMUM
$10,000 $16,000 $31,000

1-bedroom apartment price

240,000 LSL 390,000 LSL 1.5M LSL
MINIMUM AVERAGE MAXIMUM
$12,000 $21,000 $78,000

2-bedroom apartment price

390,000 LSL 1.2M LSL 2.4M LSL
MINIMUM AVERAGE MAXIMUM
$21,000 $62,000 $120,000

3-bedroom apartment price

1.3M LSL 2M LSL 5.9M LSL
MINIMUM AVERAGE MAXIMUM
$69,000 $100,000 $310,000

Townhouse price

1.7M LSL 3.9M LSL 15M LSL
MINIMUM AVERAGE MAXIMUM
$89,000 $210,000 $780,000

House price

2M LSL 12M LSL 17M LSL
MINIMUM AVERAGE MAXIMUM
$100,000 $620,000 $890,000

Villa price

2.4M LSL 13M LSL 20M LSL
MINIMUM AVERAGE MAXIMUM
$120,000 $690,000 $1M

The average price of a studio apartment in Lesotho can range from 200,000 LSL to 590,000 LSL depending on location. One bedroom cost can be anywhere from 240,000 LSL to 1.5M LSL. A villa can cost you 13M LSL on average with prices ranging from 2.4M LSL to 20M LSL.


If you're leasing or purchasing, housing costs in Lesotho 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


35 x101 monthly income 201
MINIMUM AVERAGE MAXIMUM

Property prices in Lesotho can be x101 to x201 multiples of the monthly income depending on the property and the income of the person. On average, property prices are approximately x101 multiples of the average monthly salary in Lesotho.



Rent to income ratio


Rent to income ratio

( monthly rental / monthly income ) x 100


20% 30% of income 40%
MINIMUM AVERAGE MAXIMUM

The average rent-to-income ratio in Lesotho is around 30%. This means that people pay 30% of their income for rent. Those figures can range from 20% to 40% 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
28%

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
2%
AVERAGE
3%
TO
4%

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.


18 LSL 230 LSL 2,300 LSL
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 Lesotho

Utilities expenditure can vary slightly between different areas and locations.


Energy, electricity, water, gas, internet, and mobile cost in Lesotho

Utility Bill Cost / Electricity + Water + Gas / Couple

180 LSL 610 LSL 4,000 LSL
MINIMUM AVERAGE MAXIMUM
$9.5 $32 $210

Internet and cable cost

59 LSL 120 LSL 160 LSL
MINIMUM AVERAGE MAXIMUM
$3.1 $6.2 $8.3

Mobile phone bill and charges

47 LSL 79 LSL 240 LSL
MINIMUM AVERAGE MAXIMUM
$2.5 $4.1 $12

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 610 LSL. The cost of internet and WiFi ranges from 59 LSL to 160 LSL with 120 LSL being the average internet bill. Finally, the average monthly mobile charges is around 79 LSL but can range between 47 LSL and 240 LSL 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


3% 6% of income 10%
MINIMUM AVERAGE MAXIMUM

The average utility-to-income ratio in Lesotho is around 6%. This means that people pay 6% of their income for energy, water, internet, and mobile charges. Those figures can range from 3% to 10% depending on salary and location.

Food Prices, Dining Expenses, and Grocery Costs in Lesotho

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


Prices and cost of goods and services in Lesotho

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

Fast food combo meal price

12 LSL 24 LSL 39 LSL
MINIMUM AVERAGE MAXIMUM
$0.62 $1.2 $2.1

The average price of a regular combo meal at a fast food outlet or chain like McDonald's, Pizzahut, or KFC in Lesotho is approximatly 24 LSL with meal cost ranging from 12 LSL to 39 LSL. The typical combo meal consists of a burger, french fries, and a drink.

Restaurant meal for one price

39 LSL 59 LSL 120 LSL
MINIMUM AVERAGE MAXIMUM
$2.1 $3.1 $6.2

If you are planning to have a nice meal at a mid-range restaurant, expect to pay anywhere between 39 LSL and 120 LSL with 59 LSL being the average price of a plate for one person at a regular restaurant in Lesotho.

Fine dining meal for one price

79 LSL 120 LSL 470 LSL
MINIMUM AVERAGE MAXIMUM
$4.1 $6.2 $25

The price range of a meal at fine-dining restaurant is 79 LSL to 470 LSL with the average cost being 120 LSL for one person. This is what you would expect to pay a top-tier diner in Lesotho.

Beverage prices, cappuccino, latte etc..

9.8 LSL 16 LSL 24 LSL
MINIMUM AVERAGE MAXIMUM
$0.52 $0.83 $1.2

The average price of a regular beverage like cappuccino or latte at Starbucks, Costa, or similar coffee shops and cafes in Lesotho is around 16 LSL. Price ranges between 9.8 LSL and 24 LSL depending on the type of beverage, the size, and optional add-ons.



Grocery and market costs

Large bottle of milk price

7.9 LSL 9.4 LSL 12 LSL
MINIMUM AVERAGE MAXIMUM
$0.41 $0.50 $0.62

The average price of a large bottle of milk in Lesotho is 9.4 LSL. The maximum what you would pay for milk is 12 LSL and the minimum being 7.9 LSL depending on the brand of milk and other properties.

12 eggs price

5.9 LSL 7.9 LSL 12 LSL
MINIMUM AVERAGE MAXIMUM
$0.31 $0.41 $0.62

A dozen eggs costs around 7.9 LSL on average with 5.9 LSL and 12 LSL being the lower and upper limits respectively.

Fresh whole chicken price

13 LSL 17 LSL 25 LSL
MINIMUM AVERAGE MAXIMUM
$0.71 $0.91 $1.3

The price range of a fresh whole chicken in Lesotho is between 13 LSL and 25 LSL depending on the size of the chicken and whether it is oraganic or not. The average price is approximatly 17 LSL.

Pack of beef price

16 LSL 24 LSL 47 LSL
MINIMUM AVERAGE MAXIMUM
$0.83 $1.2 $2.5

The price of a regular pack of beef or meat is around 24 LSL. A pack of beef contains around 1Kg or 1lb depending on packing.

Medium bag of rice price

6.3 LSL 8.7 LSL 12 LSL
MINIMUM AVERAGE MAXIMUM
$0.33 $0.46 $0.65

A bag of rice in Lesotho costs around 8.7 LSL on average with prices rangeing between 6.3 LSL and 12 LSL depending on the brand and quality.

Bag of tomatos price

2.4 LSL 3.1 LSL 5.9 LSL
MINIMUM AVERAGE MAXIMUM
$0.12 $0.17 $0.31

A bag of tomatoes costs anywhere from 2.4 LSL to 5.9 LSL. A bag of tomatoes denotes 1Kg or 1lb depending on location.

Bag of apples price

4.2 LSL 5.5 LSL 9.1 LSL
MINIMUM AVERAGE MAXIMUM
$0.22 $0.29 $0.48

A bag of apples costs 5.5 LSL 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


18% 26% of income 32%
MINIMUM AVERAGE MAXIMUM

The average grocery-to-income ratio in Lesotho is around 26%. This means that couples spend 26% of their income on grocery and basic household items. The expenditure can range from 18% to 32% depending on salary and location.


Expenditure on food and grocery for couples

Couples' spending on grocery ranges from 630 LSL to 10,000 LSL with the location, income, and size of the couple being the most determinite factors.

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