Cost Of Living in Sierra Leone 2024

cost of living chart - average monthly expenditure in Sierra Leone

Average monthly spending for singles, couples, students, and families in Sierra Leone

Whether you're living in Sierra Leone or planning to move there, it is very important to know the cost of living and the prices of things. Here we list the average spending for the four main population groups.

Average Monthly Expenditure

Currency: SLL
440,000 5.8M 58M
MINIMUM AVERAGE MAXIMUM
$20 $250 $2,500

Monthly Expenditure ▶ Single

Currency: SLL
560,000 4M 27M
MINIMUM AVERAGE MAXIMUM
$25 $180 $1,200

Monthly Expenditure ▶ Couple

Currency: SLL
2.2M 6.7M 36M
MINIMUM AVERAGE MAXIMUM
$98 $290 $1,600

Monthly Expenditure ▶ Family

Currency: SLL
3.1M 8.9M 58M
MINIMUM AVERAGE MAXIMUM
$140 $390 $2,500

Monthly Expenditure ▶ Student

Currency: SLL
440,000 3M 20M
MINIMUM AVERAGE MAXIMUM
$20 $130 $870
The figures displayed here are inclusive of everything: housing, travel, groceries, healthcare, etc.

Singles

The average monthly expense for a single person living in Sierra Leone is 4M SLL. Expenses can range from 560,000 SLL at the minimum level to 27M SLL at the highest end.


Couples

The average monthly spending of couples in Sierra Leone is 6.7M SLL. Expenditure can range from 2.2M SLL to 36M SLL per month.


Families

The average cost of living for families in Sierra Leone is 8.9M SLL per month. Families spend anywhere from 3.1M SLL to 58M SLL.


Students

The average monthly expenditure for students in Sierra Leone is 3M SLL. Students spend from 440,000 SLL to 20M SLL per month.


Spending behavior can change drastically from one person to another. It is best to consider the minimum, average, and maximum spending together.



Prices and cost of goods and services in Sierra Leone


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

Dining, food, and beverages costs


Fast food combo meal

5,700 SLL 11,000 SLL 19,000 SLL
MINIMUM AVERAGE MAXIMUM
$0.25 $0.50 $0.84

Restaurant meal for one

19,000 SLL 29,000 SLL 57,000 SLL
MINIMUM AVERAGE MAXIMUM
$0.84 $1.3 $2.5

Fine dining meal for one

38,000 SLL 57,000 SLL 230,000 SLL
MINIMUM AVERAGE MAXIMUM
$1.7 $2.5 $10

Cappuccino or latte

4,800 SLL 7,600 SLL 11,000 SLL
MINIMUM AVERAGE MAXIMUM
$0.21 $0.34 $0.50

Grocery and market costs


Milk large bottle

3,800 SLL 4,600 SLL 5,700 SLL
MINIMUM AVERAGE MAXIMUM
$0.17 $0.20 $0.25

12 eggs

2,900 SLL 3,800 SLL 5,700 SLL
MINIMUM AVERAGE MAXIMUM
$0.13 $0.17 $0.25

Fresh whole chicken

6,500 SLL 8,400 SLL 12,000 SLL
MINIMUM AVERAGE MAXIMUM
$0.29 $0.37 $0.53

Pack of beef

7,600 SLL 11,000 SLL 23,000 SLL
MINIMUM AVERAGE MAXIMUM
$0.34 $0.50 $1

Medium bag of rice

3,100 SLL 4,200 SLL 6,000 SLL
MINIMUM AVERAGE MAXIMUM
$0.14 $0.19 $0.26

Bag of tomatos

1,100 SLL 1,500 SLL 2,900 SLL
MINIMUM AVERAGE MAXIMUM
$0.05 $0.07 $0.13

Bag of apples

2,000 SLL 2,700 SLL 4,400 SLL
MINIMUM AVERAGE MAXIMUM
$0.09 $0.12 $0.19
Chart showing the prices and cost of commute, travel, and transportation in Sierra Leone

Commute, travel, and transportation costs


20 minutes taxi ride

4,800 SLL 5,700 SLL 11,000 SLL
MINIMUM AVERAGE MAXIMUM
$0.21 $0.25 $0.50

Average car full tank

29,000 SLL 38,000 SLL 76,000 SLL
MINIMUM AVERAGE MAXIMUM
$1.3 $1.7 $3.4

Average car 1-day rental

29,000 SLL 38,000 SLL 57,000 SLL
MINIMUM AVERAGE MAXIMUM
$1.3 $1.7 $2.5

Average car price

14M SLL 29M SLL 38M SLL
MINIMUM AVERAGE MAXIMUM
$630 $1,300 $1,700

Bus ticket one way

950 SLL 1,400 SLL 2,900 SLL
MINIMUM AVERAGE MAXIMUM
$0.04 $0.06 $0.13

Car Service

38,000 SLL 57,000 SLL 110,000 SLL
MINIMUM AVERAGE MAXIMUM
$1.7 $2.5 $5
Chart showing the prices and cost of utility, energy, water, and gas for a family in Sierra Leone

Utility cost (monthly)


Utility Bill - Individual

34,000 SLL 240,000 SLL 1.6M SLL
MINIMUM AVERAGE MAXIMUM
$1.5 $11 $71

Utility Bill - Couple

89,000 SLL 300,000 SLL 2M SLL
MINIMUM AVERAGE MAXIMUM
$3.9 $13 $86

Utility Bill - Family

160,000 SLL 440,000 SLL 2.9M SLL
MINIMUM AVERAGE MAXIMUM
$6.9 $20 $130

Internet and cable

29,000 SLL 57,000 SLL 76,000 SLL
MINIMUM AVERAGE MAXIMUM
$1.3 $2.5 $3.4

Mobile phone charges

23,000 SLL 38,000 SLL 110,000 SLL
MINIMUM AVERAGE MAXIMUM
$1 $1.7 $5

Leisure and activities costs


Movie ticket

14,000 SLL 19,000 SLL 29,000 SLL
MINIMUM AVERAGE MAXIMUM
$0.63 $0.84 $1.3

One month gym membership

46,000 SLL 57,000 SLL 110,000 SLL
MINIMUM AVERAGE MAXIMUM
$2 $2.5 $5
Chart showing the prices and cost of clothing and accessories in Sierra Leone

Cloths and accessories costs


Pair of jeans or pants

34,000 SLL 48,000 SLL 72,000 SLL
MINIMUM AVERAGE MAXIMUM
$1.5 $2.1 $3.2

Woman dress

32,000 SLL 44,000 SLL 140,000 SLL
MINIMUM AVERAGE MAXIMUM
$1.4 $1.9 $6.3

Woman shoes

30,000 SLL 41,000 SLL 95,000 SLL
MINIMUM AVERAGE MAXIMUM
$1.3 $1.8 $4.2

Men's shoes

26,000 SLL 32,000 SLL 64,000 SLL
MINIMUM AVERAGE MAXIMUM
$1.1 $1.4 $2.8

Men suit

29,000 SLL 36,000 SLL 190,000 SLL
MINIMUM AVERAGE MAXIMUM
$1.3 $1.6 $8.4

Regular t-shirt

14,000 SLL 19,000 SLL 57,000 SLL
MINIMUM AVERAGE MAXIMUM
$0.63 $0.84 $2.5
Chart showing the prices and cost of housing, accommodation, and rent in Sierra Leone

Housing costs / monthly rent


Studio apartment

480,000 SLL 720,000 SLL 1.9M SLL
MINIMUM AVERAGE MAXIMUM
$21 $32 $84

1-bedroom apartment

720,000 SLL 1.1M SLL 2.9M SLL
MINIMUM AVERAGE MAXIMUM
$32 $50 $130

2-bedroom apartment

950,000 SLL 1.4M SLL 3.8M SLL
MINIMUM AVERAGE MAXIMUM
$42 $63 $170

Housing costs / Buying


Studio apartment

95M SLL 140M SLL 290M SLL
MINIMUM AVERAGE MAXIMUM
$4,200 $6,300 $13,000

1-bedroom apartment

110M SLL 190M SLL 720M SLL
MINIMUM AVERAGE MAXIMUM
$5,000 $8,400 $32,000

2-bedroom apartment

190M SLL 570M SLL 1,100M SLL
MINIMUM AVERAGE MAXIMUM
$8,400 $25,000 $50,000
Chart showing the prices and cost of furniture in Sierra Leone

Furniture Costs


King Size Bed

570,000 SLL 720,000 SLL 950,000 SLL
MINIMUM AVERAGE MAXIMUM
$25 $32 $42

Double Bed

380,000 SLL 570,000 SLL 720,000 SLL
MINIMUM AVERAGE MAXIMUM
$17 $25 $32

Single Bed

340,000 SLL 440,000 SLL 570,000 SLL
MINIMUM AVERAGE MAXIMUM
$15 $19 $25

Living Room

640,000 SLL 820,000 SLL 2.9M SLL
MINIMUM AVERAGE MAXIMUM
$28 $36 $130

Dining Table

290,000 SLL 380,000 SLL 720,000 SLL
MINIMUM AVERAGE MAXIMUM
$13 $17 $32

Sofa or Couch

380,000 SLL 520,000 SLL 1.1M SLL
MINIMUM AVERAGE MAXIMUM
$17 $23 $50
Chart showing the prices and cost of electronic devices and appliances in Sierra Leone

Electronics and House Appliance Costs


TV Set

380,000 SLL 570,000 SLL 1.1M SLL
MINIMUM AVERAGE MAXIMUM
$17 $25 $50

Fridge or Freezer

340,000 SLL 520,000 SLL 720,000 SLL
MINIMUM AVERAGE MAXIMUM
$15 $23 $32

Washing Machine

440,000 SLL 640,000 SLL 1.1M SLL
MINIMUM AVERAGE MAXIMUM
$19 $28 $50

Stove or Cooker

410,000 SLL 520,000 SLL 720,000 SLL
MINIMUM AVERAGE MAXIMUM
$18 $23 $32

Mobile Phone

480,000 SLL 570,000 SLL 820,000 SLL
MINIMUM AVERAGE MAXIMUM
$21 $25 $36

Laptop or Computer

520,000 SLL 640,000 SLL 1.1M SLL
MINIMUM AVERAGE MAXIMUM
$23 $28 $50

Expenditure to Income Ratio in Sierra Leone

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.

Cost of living and expenditure to income ratio in Sierra Leone

Spending to Income Ratio

88%

81% to 96%

( expenditure / income ) x 100


Expense to income distribution levels

Spending To Income Ratio% People
< 50%4%
50% - 60%8%
60% - 70%15%
70% - 80%24%
80% - 90%21%
90% - 100%11%
100% - 110%6%
110% - 120%4%
120% - 130%3%
130% - 140%2%
> 140%2%

Interpretation and Analysis

The average spending-to-salary ratio in Sierra Leone is 88% This means that on average, people spend around 88% of their income for living. According to the distribution table, 15% of the population spend approximately 60% to 70% of their income every month.


How can spending be more than income?

A value higher than 100% means that the expenditure of those people is higher than their income. They are spending more than what they earn. This is possible in two scenarios. They are either borrowing from their savings to survive or they are borrowing from other sources (relatives, friends, banks, etc.). More about this in the debt section.



Individual
79%
Spending-Income-Ratio
73%
86%

Couple
84%
Spending-Income-Ratio
77%
91%

Family
92%
Spending-Income-Ratio
85%
100%
Distribution of monthly cost of living expenses in Sierra Leone

How do people spend their money in Sierra Leone?

We asked thousands of people about their spending habits and expenditure breaks. Below are their answers.

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 Expenditure23%

23% of total expenses on average (12% to 31%)

LOW$5.9   130,000 SLL
AVERAGE$76   1.7M SLL
HIGH$760   17M SLL
Per Month

People living in Sierra Leone typically spend from 12% to 31% of their total monthly expenditure on housing with 23% being the average. The average spend on housing is 1.7M SLL with expenditure ranging from 130,000 SLL to 17M SLL. This cost mainly goes for rent but it also includes other accommodation-related expenses. Housing costs are highest for families and lowest for students as expected.

Utilities, Electricity, Water, Internet, Mobile8%

8% of total expenses on average (5% to 12%)

LOW$0.98   22,000 SLL
AVERAGE$13   290,000 SLL
HIGH$130   2.9M SLL
Per Month

Utility expenditure like electricity, water, and gas in Sierra Leone ranges from 5% to 12% of total expenses with 8% being the average. The average monthly cost of utilities is 290,000 SLL with 22,000 SLL and 2.9M SLL being the upper and lower limits.

Transport, Fuel, Commute6%

6% of total expenses on average (3% to 10%)

LOW$2   44,000 SLL
AVERAGE$25   580,000 SLL
HIGH$250   5.8M SLL
Per Month

Fuel consumption and cost of transport depend heavily on whether you live near your work or school, but roughly speaking you would expect to spend from 44,000 SLL to 5.8M SLL on commuting with 580,000 SLL being the norm for most people in one month. This means that money spent on transport constitutes about 6% of total spending on average but can go as low as 3% or as high as 10%.

Food and Groceries Cost29%

29% of total expenses on average (21% to 35%)

LOW$4.9   110,000 SLL
AVERAGE$64   1.4M SLL
HIGH$640   14M SLL
Per Month

The average outlay on groceries in a month in Sierra Leone is 1.4M SLL. The cost of groceries can range between 110,000 SLL to 14M SLL. People spend on average about 29% on food and groceries with upper and lower bounds of 21% and 35% respectively.

Healthcare and Medical Services11%

11% of total expenses on average (6% to 14%)

LOW$1.4   31,000 SLL
AVERAGE$18   400,000 SLL
HIGH$180   4M SLL
Per Month

People in Sierra Leone allocate 6% to 14% of their total monthly expenditure to healthcare including health insurance and out-of-pocket medical expenses. The average spending is around 11%. The range of medical expenses range from 31,000 SLL to 4M SLL with 400,000 SLL being the norm.

Leisure and Shopping4%

4% of total expenses on average (2% to 8%)

LOW$0.78   18,000 SLL
AVERAGE$10   230,000 SLL
HIGH$100   2.3M SLL
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 18,000 SLL to 2.3M SLL with 230,000 SLL being the average. Speaking of percentages, that equates to 2% to 8% of total expenses with an average of 4% for most residents.

Education and Schooling5%

5% of total expenses on average (3% to 11%)

LOW$1.2   27,000 SLL
AVERAGE$15   350,000 SLL
HIGH$150   3.5M SLL
Per Month

Spending on education can vary drastically between different people. While working singles can spend 0% on education, families and students' expenditure can reach up to 22%. On average, education constitutes 5% of the monthly expenditure with 3% and 11% being the lower and upper bounds respectively. The average reported education cost is 350,000 SLL per month with 27,000 SLL being the minimum spent amount and 3.5M SLL being the maximum.

Other Expenses14%

14% of total expenses on average (9% to 21%)

LOW$2.5   58,000 SLL
AVERAGE$33   750,000 SLL
HIGH$330   7.5M SLL
Per Month
Percentage of people who manage to save money from their income every month in Sierra Leone

How much money can you save in Sierra Leone every month?

We asked thousands of people what percentage of their income can they save in a month. Below are the answers.


What percentage of people in Sierra Leone manage to save money from their income every month?


Saving Money
53%
Not Saving
47%

Almost 53% of the surveyed people in Sierra Leone said that they can save some money at the end of each month while 47% said that aren't saving anything.


Percentage of people saving money by population group in Sierra Leone

GroupSaversNon Savers
Singles56%45%
Couples51%50%
Families46%55%

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.


Savings to income ratio in Sierra Leone

Saving to Income Ratio

8% 14% of income 28%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

130,000 SLL
$5.6
1.7M SLL
$73
17M SLL
$730
MINIMUM AVERAGE MAXIMUM

For most people, 8% to 28% of their monthly income is what they can allocate to their savings, with 14% being the average. The amount of money that people can save is approximately 1.7M SLL on average with savings ranging from 130,000 SLL to 17M SLL.

56% of surveyed singles reported some of their income going to savings while 51% of couples said the same. 46% of families confirmed their ability to save money.


How much money do people actually save in Sierra Leone?

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.


Singles

Saving to Income Ratio

11% 18% of income 30%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

130,000 SLL
$5.6
1.1M SLL
$51
7.7M SLL
$340
MINIMUM AVERAGE MAXIMUM

Savings to income distribution levels for singles

Saving To Income Ratio% Singles
0% - 10%33%
10% - 20%26%
20% - 30%16%
30% - 40%12%
40% - 50%9%
> 50%4%

Interpretation and Analysis

Singles who can afford to save reported that they allocate from 11% to 30% of their monthly income to savings, with 18% being the average for most singles. The average amount of money that singles are able to save is 1.1M SLL with 130,000 SLL and 7.7M SLL being the minimum and maximum respectively.


Couples

Saving to Income Ratio

9% 16% of income 29%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

640,000 SLL
$28
1.9M SLL
$84
10M SLL
$450
MINIMUM AVERAGE MAXIMUM

Savings to income distribution levels for couples

Saving To Income Ratio% Couples
0% - 10%37%
10% - 20%28%
20% - 30%19%
30% - 40%7%
40% - 50%6%
> 50%3%

Interpretation and Analysis

Couples who confirmed their ability to save reported saving equivalent to 9% to 29% of their monthly income, with 16% being the average for most couples. The average amount of money that couples can save is 1.9M SLL with 640,000 SLL and 10M SLL being the minimum and maximum respectively.


Families

Saving to Income Ratio

7% 14% of income 26%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

890,000 SLL
$39
2.6M SLL
$110
17M SLL
$730
MINIMUM AVERAGE MAXIMUM

Savings to income distribution levels for families

Saving To Income Ratio% Families
0% - 10%40%
10% - 20%31%
20% - 30%20%
30% - 40%4%
40% - 50%3%
> 50%2%

Interpretation and Analysis

Families in Sierra Leone can save anywhere between 7% to 26% of their monthly income, with 14% being the average for most families. The average amount of money that families can put aside is 2.6M SLL with 890,000 SLL and 17M SLL being the minimum and maximum respectively.

Reasons that make it difficult for people to save money in Sierra Leone

Saving Challenges in Sierra Leone

Reasons that make it difficult for people to save money

We wanted to understand what is stopping people from maximizing their savings in Sierra Leone. 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 people 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% 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 people choose to put their savings in Sierra Leone

Typical saving choices for people in Sierra Leone

Where do people choose to put their savings?


Saving Type% People
Emergency Funds13%
Gold13%
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 to live in Sierra Leone

Affordable living in Sierra Leone

Income and cost of living compatibility

We asked residents one simple question and recorded their answers.

Is it affordable or economical to live in Sierra Leone?


Yes
45%
No
55%

Around 45% of surveyed residents think that living in Sierra Leone is affordable with proper budgeting while 55% reported that it is just too expensive and not affordable even with frugality and thriftness.

How easily is cost-cutting. Are there plenty of low-cost options in Sierra Leone

Low-cost alternatives in Sierra Leone

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 residents how easily cost-cutting is and the answers were distributed as follows:

Plenty of low-cost options54%

Few low-cost options46%


Based on the survey, 54% of the people living in Sierra Leone have no problem finding low-cost alternatives to support a frugal lifestyle while 46% think that thriftness is difficult due to scarcity in discount markets and secondhand outlets.

Emergency Funds

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 residents of Sierra Leone whether they have an emergency fund and the answers were as follows.

Yes44%

No56%


Based on the survey, 56% of the people living in Sierra Leone said that they don't have an emergency fund while 44% said that they do.

Financial literacy and difficulty in budgeting and financial planning in Sierra Leone

Financial Literacy in Sierra Leone

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 Leteracy40%


We asked residents of Sierra Leone whether they acquired any adequate personal financial training in their lives. Approximately 60% 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 40% 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 residents of Sierra Leone have problems or difficulties in managing their expenditures and savings so we asked people one simple question: do you struggle with your personal finances? 53% of the participants reported that they indeed struggle in creating budgets and in organizing their finances while 47% said that they have everything under control.

Struggles with finance53%

Easily manages finances47%

Financial goals and targets of people living in Sierra Leone

Financial goals of people in Sierra Leone

In an attempt to understand the economic situation in Sierra Leone, 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 Reduction44%
Retirement Savings11%
Education Funding6%
Homeownership19%
Investing6%
Travel or Lifestyle6%
Healthcare Expenses15%
Financial Independence4%

Around 9% of those who participated in the survey said that their main goal is to establish an emergency fund to cover unexpected expenses while 44% 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 6% 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.

Retirement, pension plans, and life after work in Sierra Leone

What does the retirement lifestyle look like in Sierra Leone and how much retirement savings are required?

Retirement age

The retirement age for most employees in Sierra Leone is 65 years. Specific retirement ages can vary based on factors like occupation, gender, years of contribution, and location. It is not entirely unlikely for people to retire either before or after this age.

Retirement planning and savings

There are many retirement saving options, some are personally initiated and others are government-sponsered. Regardless of the source of savings, the minimum amount of money that needs to be put aside to ensure a peaceful and comfortable retirement at each age can be found in the table below. This data is largely approximated and can vary drastically based on individual needs and situations. Treat these figures as a general guideline.


The typical saved amount of money you should have at every age as multiples of monthly salary:
AgeAmount
255x monthly salary at age 25
3010x monthly salary at age 30
3515x monthly salary at age 35
4025x monthly salary at age 40
4532x monthly salary at age 45
5048x monthly salary at age 50
5556x monthly salary at age 55
6064x monthly salary at age 60
6578x monthly salary at age 65

The typical average saved amount of money you should have at every age in Sierra Leone:
AgeAmount
2515M SLL
3030M SLL
3552M SLL
4074M SLL
45110M SLL
50160M SLL
55190M SLL
60230M SLL
65280M SLL

Retirement Income Distribution

We asked residents of Sierra Leone about their retirement income sources and below are the results.

Source% People
Pensions11%
Savings24%
Investments11%
Social Security6%
Annuities6%
Part-time Job16%
Real Estate19%
Dividends and Interest6%

Retirement Monthly Expenses in Sierra Leone

330,000 SLL
$15
3M SLL
$130
20M SLL
$870
MINIMUM AVERAGE MAXIMUM
Chart showing the percentage of people who are in debt in Sierra Leone

Debt, loans, and mortgages in Sierra Leone


Percentage of people who are in debt


In Debt
30%
Debt Free
70%

According to the survey, 30% of the people in Sierra Leone have some kind of debt, loan, mortgage, or credit card payments while 70% reported that they don't have financial obligations to banks.


Chart showing debt-to-income ratio in Sierra Leone

Debt-to-income ratio in Sierra Leone

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 the people's monthly income in Sierra Leone goes to debt settlement.


Debt levels

Monthly debt settlement payment as percentage of monthly income

Debt-to-income ratio% People
> 60%3%
50% - 60%19%
40% - 50%15%
30% - 40%17%
20% - 30%9%
10% - 20%11%
0% - 10%25%

According to our data, 3% of the debtors in Sierra Leone pay 60%+ of their income as debt settlement while 19% 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 Sierra Leone

Debt% People
Real Estate Mortgage7%
Auto Loan14%
Student Loan4%
Credit Card31%
Personal Loan44%

7% of debtors in Sierra Leone 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 14% of people and personal loans rose at 44%. Lastly, student loans are the main source of debt for 4% of debtors in Sierra Leone.


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 Sierra Leone

Besides measuring the loan-to-income ratio, we asked residents of Sierra Leone 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 Sierra Leone

Housing costs, accommodation, and housing affordability in Sierra Leone

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


Rent Cost in Sierra Leone

Monthly Rent Prices

Studio apartment monthly rent cost

480,000 SLL 720,000 SLL 1.9M SLL
MINIMUM AVERAGE MAXIMUM
$21 $32 $84

1-bedroom apartment monthly rent cost

720,000 SLL 1.1M SLL 2.9M SLL
MINIMUM AVERAGE MAXIMUM
$32 $50 $130

2-bedroom apartment monthly rent cost

950,000 SLL 1.4M SLL 3.8M SLL
MINIMUM AVERAGE MAXIMUM
$42 $63 $170

3-bedroom apartment monthly rent cost

1.1M SLL 1.9M SLL 5.2M SLL
MINIMUM AVERAGE MAXIMUM
$50 $84 $230

Furnished apartment monthly rent cost

2.3M SLL 5.7M SLL 11M SLL
MINIMUM AVERAGE MAXIMUM
$100 $250 $500

Townhouse monthly rent cost

1.9M SLL 2.9M SLL 8.2M SLL
MINIMUM AVERAGE MAXIMUM
$84 $130 $360

House monthly rent cost

2.3M SLL 5.7M SLL 11M SLL
MINIMUM AVERAGE MAXIMUM
$100 $250 $500

Villa monthly rent cost

2.9M SLL 7.2M SLL 11M SLL
MINIMUM AVERAGE MAXIMUM
$130 $320 $500

The monthly rental cost of a studio apartment in Sierra Leone ranges between 480,000 SLL and 1.9M SLL, meanwhile the cost of monthly rental of a one-bedroom apartment can be anywhere from 720,000 SLL to 2.9M SLL. Two-bedroom rentals rate ranges between 950,000 SLL and 3.8M SLL per month. The monthly rental for a three-bedroom apartment ranges from 1.1M SLL to 5.2M SLL. The average rent of a townhouse in Sierra Leone is around 2.9M SLL while house rental costs can be as high as 5.7M SLL per month. Finally, if you want to rent a villa, expect to pay anywhere from 2.9M SLL to 11M SLL per month.



Apartment and house prices in Sierra Leone

Cost of buying a property

Studio apartment price

95M SLL 140M SLL 290M SLL
MINIMUM AVERAGE MAXIMUM
$4,200 $6,300 $13,000

1-bedroom apartment price

110M SLL 190M SLL 720M SLL
MINIMUM AVERAGE MAXIMUM
$5,000 $8,400 $32,000

2-bedroom apartment price

190M SLL 570M SLL 1,100M SLL
MINIMUM AVERAGE MAXIMUM
$8,400 $25,000 $50,000

3-bedroom apartment price

640M SLL 950M SLL 2,900M SLL
MINIMUM AVERAGE MAXIMUM
$28,000 $42,000 $130,000

Townhouse price

820M SLL 1,900M SLL 7,200M SLL
MINIMUM AVERAGE MAXIMUM
$36,000 $84,000 $320,000

House price

950M SLL 5,700M SLL 8,200M SLL
MINIMUM AVERAGE MAXIMUM
$42,000 $250,000 $360,000

Villa price

1,100M SLL 6,400M SLL 9,500M SLL
MINIMUM AVERAGE MAXIMUM
$50,000 $280,000 $420,000

The average price of a studio apartment in Sierra Leone can range from 95M SLL to 290M SLL depending on location. One bedroom cost can be anywhere from 110M SLL to 720M SLL. A villa can cost you 6,400M SLL on average with prices ranging from 1,100M SLL to 9,500M SLL.


If you're leasing or purchasing, housing costs in Sierra Leone 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


29 x78 monthly income 187
MINIMUM AVERAGE MAXIMUM

Property prices in Sierra Leone can be x78 to x187 multiples of the monthly income depending on the property and the income of the person. On average, property prices are approximately x78 multiples of the average monthly salary in Sierra Leone.



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 Sierra Leone 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.


8,900 SLL 120,000 SLL 1.2M SLL
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 Sierra Leone

Utilities expenditure can vary slightly between different areas and locations.


Energy, electricity, water, gas, internet, and mobile cost in Sierra Leone

Utility Bill Cost / Electricity + Water + Gas / Individual

34,000 SLL 240,000 SLL 1.6M SLL
MINIMUM AVERAGE MAXIMUM
$1.5 $11 $71

Utility Bill Cost / Electricity + Water + Gas / Couple

89,000 SLL 300,000 SLL 2M SLL
MINIMUM AVERAGE MAXIMUM
$3.9 $13 $86

Utility Bill Cost / Electricity + Water + Gas / Family

160,000 SLL 440,000 SLL 2.9M SLL
MINIMUM AVERAGE MAXIMUM
$6.9 $20 $130

Internet and cable cost

29,000 SLL 57,000 SLL 76,000 SLL
MINIMUM AVERAGE MAXIMUM
$1.3 $2.5 $3.4

Mobile phone bill and charges

23,000 SLL 38,000 SLL 110,000 SLL
MINIMUM AVERAGE MAXIMUM
$1 $1.7 $5

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 expenditure for individuals on electricty, water, and gas in Sierra Leone ranges between 34,000 SLL and 1.6M SLL with average being 240,000 SLL, meanwhile the expenditure of couples is slightly higher at 300,000 SLL with 89,000 SLL and 2M SLL being the upper and lower limits respectively. As expected, the energy and water consumption of families is the highest among the three groups with an average of 440,000 SLL. The cost of internet and WiFi is unchanged among the three groups and ranges from 29,000 SLL to 76,000 SLL with 57,000 SLL being the average internet bill. Finally, the average monthly mobile charges is around 38,000 SLL but can range between 23,000 SLL and 110,000 SLL 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 Sierra Leone 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 Sierra Leone

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


Prices and cost of goods and services in Sierra Leone

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

Fast food combo meal price

5,700 SLL 11,000 SLL 19,000 SLL
MINIMUM AVERAGE MAXIMUM
$0.25 $0.50 $0.84

The average price of a regular combo meal at a fast food outlet or chain like McDonald's, Pizzahut, or KFC in Sierra Leone is approximatly 11,000 SLL with meal cost ranging from 5,700 SLL to 19,000 SLL. The typical combo meal consists of a burger, french fries, and a drink.

Restaurant meal for one price

19,000 SLL 29,000 SLL 57,000 SLL
MINIMUM AVERAGE MAXIMUM
$0.84 $1.3 $2.5

If you are planning to have a nice meal at a mid-range restaurant, expect to pay anywhere between 19,000 SLL and 57,000 SLL with 29,000 SLL being the average price of a plate for one person at a regular restaurant in Sierra Leone.

Fine dining meal for one price

38,000 SLL 57,000 SLL 230,000 SLL
MINIMUM AVERAGE MAXIMUM
$1.7 $2.5 $10

The price range of a meal at fine-dining restaurant is 38,000 SLL to 230,000 SLL with the average cost being 57,000 SLL for one person. This is what you would expect to pay a top-tier diner in Sierra Leone.

Beverage prices, cappuccino, latte etc..

4,800 SLL 7,600 SLL 11,000 SLL
MINIMUM AVERAGE MAXIMUM
$0.21 $0.34 $0.50

The average price of a regular beverage like cappuccino or latte at Starbucks, Costa, or similar coffee shops and cafes in Sierra Leone is around 7,600 SLL. Price ranges between 4,800 SLL and 11,000 SLL depending on the type of beverage, the size, and optional add-ons.



Grocery and market costs

Large bottle of milk price

3,800 SLL 4,600 SLL 5,700 SLL
MINIMUM AVERAGE MAXIMUM
$0.17 $0.20 $0.25

The average price of a large bottle of milk in Sierra Leone is 4,600 SLL. The maximum what you would pay for milk is 5,700 SLL and the minimum being 3,800 SLL depending on the brand of milk and other properties.

12 eggs price

2,900 SLL 3,800 SLL 5,700 SLL
MINIMUM AVERAGE MAXIMUM
$0.13 $0.17 $0.25

A dozen eggs costs around 3,800 SLL on average with 2,900 SLL and 5,700 SLL being the lower and upper limits respectively.

Fresh whole chicken price

6,500 SLL 8,400 SLL 12,000 SLL
MINIMUM AVERAGE MAXIMUM
$0.29 $0.37 $0.53

The price range of a fresh whole chicken in Sierra Leone is between 6,500 SLL and 12,000 SLL depending on the size of the chicken and whether it is oraganic or not. The average price is approximatly 8,400 SLL.

Pack of beef price

7,600 SLL 11,000 SLL 23,000 SLL
MINIMUM AVERAGE MAXIMUM
$0.34 $0.50 $1

The price of a regular pack of beef or meat is around 11,000 SLL. A pack of beef contains around 1Kg or 1lb depending on packing.

Medium bag of rice price

3,100 SLL 4,200 SLL 6,000 SLL
MINIMUM AVERAGE MAXIMUM
$0.14 $0.19 $0.26

A bag of rice in Sierra Leone costs around 4,200 SLL on average with prices rangeing between 3,100 SLL and 6,000 SLL depending on the brand and quality.

Bag of tomatos price

1,100 SLL 1,500 SLL 2,900 SLL
MINIMUM AVERAGE MAXIMUM
$0.05 $0.07 $0.13

A bag of tomatoes costs anywhere from 1,100 SLL to 2,900 SLL. A bag of tomatoes denotes 1Kg or 1lb depending on location.

Bag of apples price

2,000 SLL 2,700 SLL 4,400 SLL
MINIMUM AVERAGE MAXIMUM
$0.09 $0.12 $0.19

A bag of apples costs 2,700 SLL 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 Sierra Leone is around 28%. This means that people 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 every population group

A single person living alone spends approximately 640,000 SLL per month on grocery and food with expenditure fluctuating between 89,000 SLL and 4.3M SLL depending on location and the type of person. The average cost of food and groceries for a couple is around 930,000 SLL per month. That number can be get as low as 310,000 SLL or a high as 5M SLL. Families' spending on grocery ranges from 560,000 SLL to 10M SLL with the location, income, and size of the family being the most determinite factors.


Single
Spending habits, consumption analysis, and expenditure patterns for a single person living in Sierra Leone

Housing cost for a single person29%

29% of total expenses on average (17% to 41%)

LOW$8.9   200,000 SLL
AVERAGE$63   1.4M SLL
HIGH$420   9.6M SLL
Per Month

Utilities, Electricity, Water, Internet, Mobile9%

9% of total expenses on average (5% to 14%)

LOW$1.5   34,000 SLL
AVERAGE$11   240,000 SLL
HIGH$71   1.6M SLL
Per Month

Transport and Fuel Cost4%

4% of total expenses on average (2% to 10%)

LOW$2   45,000 SLL
AVERAGE$14   320,000 SLL
HIGH$94   2.1M SLL
Per Month

Food and Groceries Cost20%

20% of total expenses on average (14% to 25%)

LOW$3.9   89,000 SLL
AVERAGE$28   640,000 SLL
HIGH$190   4.3M SLL
Per Month

Healthcare Cost13%

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

LOW$2.2   50,000 SLL
AVERAGE$16   360,000 SLL
HIGH$110   2.4M SLL
Per Month

Leisure and Shopping Expenditure2%

2% of total expenses on average (2% to 5%)

LOW$1.2   28,000 SLL
AVERAGE$8.8   200,000 SLL
HIGH$59   1.3M SLL
Per Month

Education Cost1%

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

LOW$0.49   11,000 SLL
AVERAGE$3.5   80,000 SLL
HIGH$24   530,000 SLL
Per Month

Other Expenses22%

22% of total expenses on average (14% to 26%)

LOW$4.4   100,000 SLL
AVERAGE$32   720,000 SLL
HIGH$210   4.8M SLL
Per Month


Couple
Average monthly living expenditure breaks and spending patterns for couples in Sierra Leone

Housing cost for a couple26%

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

LOW$33   760,000 SLL
AVERAGE$100   2.3M SLL
HIGH$530   12M SLL
Per Month

Utilities, Electricity, Water, Internet, Mobile8%

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

LOW$3.9   89,000 SLL
AVERAGE$13   300,000 SLL
HIGH$86   2M SLL
Per Month

Transport and Fuel Cost8%

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

LOW$12   270,000 SLL
AVERAGE$35   800,000 SLL
HIGH$190   4.3M SLL
Per Month

Food and Groceries Cost18%

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

LOW$14   310,000 SLL
AVERAGE$41   930,000 SLL
HIGH$220   5M SLL
Per Month

Healthcare Cost15%

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

LOW$11   240,000 SLL
AVERAGE$32   730,000 SLL
HIGH$170   3.9M SLL
Per Month

Leisure and Shopping Cost3%

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

LOW$5.9   130,000 SLL
AVERAGE$18   400,000 SLL
HIGH$94   2.1M SLL
Per Month

Education Cost1%

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

LOW$2   44,000 SLL
AVERAGE$5.9   130,000 SLL
HIGH$31   710,000 SLL
Per Month

Other Expenses21%

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

LOW$17   380,000 SLL
AVERAGE$50   1.1M SLL
HIGH$270   6M SLL
Per Month


Family
Average monthly expenses and break out of spending for families living in Sierra Leone

Housing cost for a family25%

25% of total expenses on average (20% to 35%)

LOW$44   1,000,000 SLL
AVERAGE$130   2.8M SLL
HIGH$810   18M SLL
Per Month

Utilities, Electricity, Water, Internet, Mobile6%

6% of total expenses on average (4% to 9%)

LOW$6.9   160,000 SLL
AVERAGE$20   440,000 SLL
HIGH$130   2.9M SLL
Per Month

Transport and Fuel Expenses4%

4% of total expenses on average (2% to 6%)

LOW$14   310,000 SLL
AVERAGE$39   890,000 SLL
HIGH$250   5.8M SLL
Per Month

Food and Groceries Cost22%

22% of total expenses on average (15% to 28%)

LOW$25   560,000 SLL
AVERAGE$71   1.6M SLL
HIGH$460   10M SLL
Per Month

Healthcare Expenses12%

12% of total expenses on average (8% to 17%)

LOW$12   280,000 SLL
AVERAGE$39   890,000 SLL
HIGH$200   4.6M SLL
Per Month

Leisure and Shopping Cost2%

2% of total expenses on average (1% to 6%)

LOW$6.9   160,000 SLL
AVERAGE$20   440,000 SLL
HIGH$130   2.9M SLL
Per Month

Education Cost13%

13% of total expenses on average (6% to 21%)

LOW$19   440,000 SLL
AVERAGE$55   1.2M SLL
HIGH$360   8.1M SLL
Per Month

Other Expenses16%

16% of total expenses on average (9% to 21%)

LOW$11   250,000 SLL
AVERAGE$31   710,000 SLL
HIGH$200   4.6M SLL
Per Month


Student
Cost of living and expenses break down for students living in Sierra Leone

Housing costs for Student17%

17% of total expenses on average (12% to 23%)

LOW$4.7   110,000 SLL
AVERAGE$31   710,000 SLL
HIGH$210   4.8M SLL
Per Month

Utilities, Electricity, Water, Internet, and Mobile Expenses7%

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

LOW$0.78   18,000 SLL
AVERAGE$5.2   120,000 SLL
HIGH$35   790,000 SLL
Per Month

Transport and Fuel Cost3%

3% of total expenses on average (4% to 9%)

LOW$1.4   31,000 SLL
AVERAGE$9.2   210,000 SLL
HIGH$61   1.4M SLL
Per Month

Food and Groceries Expenditure24%

24% of total expenses on average (18% to 28%)

LOW$3.9   89,000 SLL
AVERAGE$26   590,000 SLL
HIGH$170   4M SLL
Per Month

Healthcare Cost10%

10% of total expenses on average (7% to 13%)

LOW$1.2   27,000 SLL
AVERAGE$7.9   180,000 SLL
HIGH$52   1.2M SLL
Per Month

Leisure and Shopping Cost2%

2% of total expenses on average (2% to 6%)

LOW$0.98   22,000 SLL
AVERAGE$6.5   150,000 SLL
HIGH$44   990,000 SLL
Per Month

Education Cost18%

18% of total expenses on average (11% to 23%)

LOW$3.7   84,000 SLL
AVERAGE$25   560,000 SLL
HIGH$170   3.8M SLL
Per Month

Other Expenses19%

19% of total expenses on average (13% to 25%)

LOW$2.9   67,000 SLL
AVERAGE$20   450,000 SLL
HIGH$130   3M SLL
Per Month
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