Cost Of Living For a Student in Comoros 2024
Average Monthly Expenditure
Currency: KMF
Average monthly spending for students in Comoros
How much money does a student need in a month to survive in Comoros?
Students in Comoros spend around 150,000 KMF per month on average. Depending on the lifestyle, a student can survive with a monthly budget as low as 23,000 KMF or as high as 1M KMF. Location is a very important factor and has a huge influence on expenditure and budget.
Prices and cost of goods and services in Comoros
Dining, food, and beverages costs
Fast food combo meal
| 300 KMF | 610 KMF | 1,000 KMF |
Restaurant meal for one
| 1,000 KMF | 1,500 KMF | 3,000 KMF |
Fine dining meal for one
| 2,000 KMF | 3,000 KMF | 12,000 KMF |
Cappuccino or latte
Grocery and market costs
Milk large bottle
12 eggs
Fresh whole chicken
Pack of beef
| 400 KMF | 610 KMF | 1,200 KMF |
Medium bag of rice
Bag of tomatos
Bag of apples
Commute, travel, and transportation costs
20 minutes taxi ride
Average car full tank
| 1,500 KMF | 2,000 KMF | 4,000 KMF |
Average car 1-day rental
| 1,500 KMF | 2,000 KMF | 3,000 KMF |
Average car price
| 760,000 KMF | 1.5M KMF | 2M KMF |
Bus ticket one way
Car Service
| 2,000 KMF | 3,000 KMF | 6,100 KMF |
Utility cost (monthly)
Utility Bill - Student
| 920 KMF | 6,100 KMF | 41,000 KMF |
Internet and cable
| 1,500 KMF | 3,000 KMF | 4,000 KMF |
Mobile phone charges
| 1,200 KMF | 2,000 KMF | 6,100 KMF |
Leisure and activities costs
Movie ticket
| 760 KMF | 1,000 KMF | 1,500 KMF |
One month gym membership
| 2,400 KMF | 3,000 KMF | 6,100 KMF |
Cloths and accessories costs
Pair of jeans or pants
| 1,800 KMF | 2,500 KMF | 3,800 KMF |
Woman dress
| 1,700 KMF | 2,300 KMF | 7,600 KMF |
Woman shoes
| 1,600 KMF | 2,200 KMF | 5,000 KMF |
Men's shoes
| 1,400 KMF | 1,700 KMF | 3,400 KMF |
Men suit
| 1,500 KMF | 1,900 KMF | 10,000 KMF |
Regular t-shirt
| 760 KMF | 1,000 KMF | 3,000 KMF |
Housing costs / monthly rent
Studio apartment
| 25,000 KMF | 38,000 KMF | 100,000 KMF |
1-bedroom apartment
| 38,000 KMF | 61,000 KMF | 150,000 KMF |
2-bedroom apartment
| 50,000 KMF | 76,000 KMF | 200,000 KMF |
Housing costs / Buying
Studio apartment
1-bedroom apartment
2-bedroom apartment
Furniture Costs
King Size Bed
| 30,000 KMF | 38,000 KMF | 50,000 KMF |
Double Bed
| 20,000 KMF | 30,000 KMF | 38,000 KMF |
Single Bed
| 18,000 KMF | 23,000 KMF | 30,000 KMF |
Living Room
| 34,000 KMF | 43,000 KMF | 150,000 KMF |
Dining Table
| 15,000 KMF | 20,000 KMF | 38,000 KMF |
Sofa or Couch
| 20,000 KMF | 28,000 KMF | 61,000 KMF |
Electronics and House Appliance Costs
TV Set
| 20,000 KMF | 30,000 KMF | 61,000 KMF |
Fridge or Freezer
| 18,000 KMF | 28,000 KMF | 38,000 KMF |
Washing Machine
| 23,000 KMF | 34,000 KMF | 61,000 KMF |
Stove or Cooker
| 22,000 KMF | 28,000 KMF | 38,000 KMF |
Mobile Phone
| 25,000 KMF | 30,000 KMF | 43,000 KMF |
Laptop or Computer
| 28,000 KMF | 34,000 KMF | 61,000 KMF |
How do students spend their money in Comoros?
We asked thousands of students about their spending habits and expenditure break down.
Housing and accomodation expenditure for students
Accomodation Cost18%
18% of total expenses on average (13% to 24%)
| LOW | $12 5,500 KMF |
| AVERAGE | $81 37,000 KMF |
| HIGH | $540 250,000 KMF |
| Per Month |
Students in Comoros typically spend from 13% to 24% of their total monthly expenditure on housing with 18% being the average. The average monthly spend on housing is 37,000 KMF with expenditure ranging from 5,500 KMF to 250,000 KMF. This cost mainly goes for rent but it also includes other accommodation-related expenses.
Electricity, utilities, energy, water, internet, and mobile expenditure for students
Cost of utilities6%
6% of total expenses on average (4% to 10%)
| LOW | $2 920 KMF |
| AVERAGE | $14 6,100 KMF |
| HIGH | $90 41,000 KMF |
| Per Month |
Utility expenditure like electricity, water, and gas in Comoros ranges from 4% to 10% of total expenses with 6% being the average for most students. The average monthly cost of utilities is 6,100 KMF with 920 KMF and 41,000 KMF being the upper and lower limits for a student of four.
Transport, fuel, and commute expenditure for students
Cost of transport and fuel4%
4% of total expenses on average (4% to 10%)
| LOW | $3.6 1,600 KMF |
| AVERAGE | $24 11,000 KMF |
| HIGH | $160 72,000 KMF |
| Per Month |
Fuel consumption and cost of transport depend heavily on whether a student resides near school and work, but roughly speaking a student would expect to spend from 1,600 KMF to 72,000 KMF in a month on commuting with 11,000 KMF being the norm for most students. This means that money spent on transport constitutes about 4% of total spending on average but can go as low as 4% or as high as 10%.
Food, groceries, and basic shopping expenditure for students
Food and Groceries Cost23%
23% of total expenses on average (17% to 27%)
| LOW | $10 4,600 KMF |
| AVERAGE | $68 31,000 KMF |
| HIGH | $450 200,000 KMF |
| Per Month |
The average outlay on groceries and basic houshold items for a typical student in a month in Comoros is 31,000 KMF. The cost of groceries can range between 4,600 KMF to 200,000 KMF. Students spend on average about 23% on food and groceries with upper and lower bounds of 17% and 27% respectively.
Healthcare and medical services expenditure for students
Cost of healthcare9%
9% of total expenses on average (6% to 12%)
| LOW | $3.1 1,400 KMF |
| AVERAGE | $20 9,200 KMF |
| HIGH | $140 61,000 KMF |
| Per Month |
Students in Comoros allocate 6% to 12% 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 9%. The range of medical expenses range from 1,400 KMF to 61,000 KMF with 9,200 KMF being the norm for most students.
Leisure and shopping expenditure for students
Cost of leisure and shopping3%
3% of total expenses on average (2% to 7%)
| LOW | $2.5 1,200 KMF |
| AVERAGE | $17 7,700 KMF |
| HIGH | $110 51,000 KMF |
| 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 1,200 KMF to 51,000 KMF with 7,700 KMF being the average. Speaking of percentages, that equates to 2% to 7% of total expenses with an average of 3% for most students.
Education and schooling expenditure for students
Cost of education and schooling18%
18% of total expenses on average (11% to 23%)
| LOW | $9.7 4,400 KMF |
| AVERAGE | $64 29,000 KMF |
| HIGH | $430 190,000 KMF |
| Per Month |
Spending on education can vary drastically between different students. On average, education constitutes 18% of the monthly expenditure of students with 11% and 23% being the lower and upper bounds respectively. The average reported education cost is 29,000 KMF per month with 4,400 KMF being the minimum spent amount and 190,000 KMF being the maximum.
Other Expenses18%
18% of total expenses on average (12% to 24%)
| LOW | $7.6 3,500 KMF |
| AVERAGE | $51 23,000 KMF |
| HIGH | $340 150,000 KMF |
| Per Month |
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.
Affordable living in Comoros
Income and cost of living compatibility
We asked students one simple question and recorded their answers.
Is it affordable or economical to live in Comoros?
Around 54% of surveyed students think that living in Comoros is affordable with proper budgeting while 46% reported that it is just too expensive and not affordable even with frugality and thriftness.
Low-cost alternatives in Comoros
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 students 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 students living in Comoros 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 Students
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 students of Comoros whether they have an emergency fund and the answers were as follows.
Yes54%
No46%
Based on the survey, 46% of the students living in Comoros said that they don't have an emergency fund while 54% said that they do.
Financial Literacy in Comoros
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 Leteracy49%
We asked student guardians and parents in Comoros whether they acquired any adequate personal financial training in their lives. Approximately 51% 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 49% 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 students of Comoros 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%
Housing costs, accommodation, and housing affordability in Comoros
Rental costs and house/apartment prices can vary drastically between different areas and locations.
Rent Cost in Comoros
Monthly Rent Prices
Studio apartment monthly rent cost
| 25,000 KMF | 38,000 KMF | 100,000 KMF |
1-bedroom apartment monthly rent cost
| 38,000 KMF | 61,000 KMF | 150,000 KMF |
2-bedroom apartment monthly rent cost
| 50,000 KMF | 76,000 KMF | 200,000 KMF |
3-bedroom apartment monthly rent cost
| 61,000 KMF | 100,000 KMF | 280,000 KMF |
Furnished apartment monthly rent cost
| 120,000 KMF | 300,000 KMF | 610,000 KMF |
Townhouse monthly rent cost
| 100,000 KMF | 150,000 KMF | 430,000 KMF |
House monthly rent cost
| 120,000 KMF | 300,000 KMF | 610,000 KMF |
Villa monthly rent cost
| 150,000 KMF | 380,000 KMF | 610,000 KMF |
The monthly rental cost of a studio apartment in Comoros ranges between 25,000 KMF and 100,000 KMF, meanwhile the cost of monthly rental of a one-bedroom apartment can be anywhere from 38,000 KMF to 150,000 KMF. Two-bedroom rentals rate ranges between 50,000 KMF and 200,000 KMF per month. The monthly rental for a three-bedroom apartment ranges from 61,000 KMF to 280,000 KMF. The average rent of a townhouse in Comoros is around 150,000 KMF while house rental costs can be as high as 300,000 KMF per month. Finally, if you want to rent a villa, expect to pay anywhere from 150,000 KMF to 610,000 KMF per month.
Apartment and house prices in Comoros
Cost of buying a property
Studio apartment price
1-bedroom apartment price
2-bedroom apartment price
3-bedroom apartment price
| $74,000 | $110,000 | $330,000 |
Townhouse price
| 43M KMF | 100M KMF | 380M KMF |
| $95,000 | $220,000 | $830,000 |
House price
| 50M KMF | 300M KMF | 430M KMF |
| $110,000 | $670,000 | $950,000 |
Villa price
| 61M KMF | 340M KMF | 500M KMF |
The average price of a studio apartment in Comoros can range from 5M KMF to 15M KMF depending on location. One bedroom cost can be anywhere from 6.1M KMF to 38M KMF. A villa can cost you 340M KMF on average with prices ranging from 61M KMF to 500M KMF.
If you're leasing or purchasing, housing costs in Comoros 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
| 33 | x92 monthly income | 195 |
Property prices in Comoros can be x92 to x195 multiples of the monthly income depending on the property and the income of the person. On average, property prices are approximately x92 multiples of the average monthly salary in Comoros.
Rent to income ratio
Rent to income ratio
( monthly rental / monthly income ) x 100
The average rent-to-income ratio in Comoros is around 29%. This means that people pay 29% of their income for rent. Those figures can range from 19% to 39% 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
27% 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.
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.
| 460 KMF | 6,000 KMF | 60,000 KMF |
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 Comoros
Utilities expenditure can vary slightly between different areas and locations.
Energy, electricity, water, gas, internet, and mobile cost in Comoros
Utility Bill Cost / Electricity + Water + Gas / Student
| 920 KMF | 6,100 KMF | 41,000 KMF |
Internet and cable cost
| 1,500 KMF | 3,000 KMF | 4,000 KMF |
Mobile phone bill and charges
| 1,200 KMF | 2,000 KMF | 6,100 KMF |
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 students is around 6,100 KMF. The cost of internet and WiFi ranges from 1,500 KMF to 4,000 KMF with 3,000 KMF being the average internet bill. Finally, the average monthly mobile charges is around 2,000 KMF but can range between 1,200 KMF and 6,100 KMF 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
The average utility-to-income ratio in Comoros 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 Comoros
Grocery / Food expenditure and prices can vary drastically between different areas and locations.
Prices and cost of goods and services in Comoros
Dining out, food, and beverages costs. Price variations for common food items.
Fast food combo meal price
| 300 KMF | 610 KMF | 1,000 KMF |
The average price of a regular combo meal at a fast food outlet or chain like McDonald's, Pizzahut, or KFC in Comoros is approximatly 610 KMF with meal cost ranging from 300 KMF to 1,000 KMF. The typical combo meal consists of a burger, french fries, and a drink.
Restaurant meal for one price
| 1,000 KMF | 1,500 KMF | 3,000 KMF |
If you are planning to have a nice meal at a mid-range restaurant, expect to pay anywhere between 1,000 KMF and 3,000 KMF with 1,500 KMF being the average price of a plate for one person at a regular restaurant in Comoros.
Fine dining meal for one price
| 2,000 KMF | 3,000 KMF | 12,000 KMF |
The price range of a meal at fine-dining restaurant is 2,000 KMF to 12,000 KMF with the average cost being 3,000 KMF for one person. This is what you would expect to pay a top-tier diner in Comoros.
Beverage prices, cappuccino, latte etc..
The average price of a regular beverage like cappuccino or latte at Starbucks, Costa, or similar coffee shops and cafes in Comoros is around 400 KMF. Price ranges between 250 KMF and 610 KMF depending on the type of beverage, the size, and optional add-ons.
Grocery and market costs
Large bottle of milk price
The average price of a large bottle of milk in Comoros is 240 KMF. The maximum what you would pay for milk is 300 KMF and the minimum being 200 KMF depending on the brand of milk and other properties.
12 eggs price
A dozen eggs costs around 200 KMF on average with 150 KMF and 300 KMF being the lower and upper limits respectively.
Fresh whole chicken price
The price range of a fresh whole chicken in Comoros is between 340 KMF and 630 KMF depending on the size of the chicken and whether it is oraganic or not. The average price is approximatly 450 KMF.
Pack of beef price
| 400 KMF | 610 KMF | 1,200 KMF |
The price of a regular pack of beef or meat is around 610 KMF. A pack of beef contains around 1Kg or 1lb depending on packing.
Medium bag of rice price
A bag of rice in Comoros costs around 220 KMF on average with prices rangeing between 160 KMF and 320 KMF depending on the brand and quality.
Bag of tomatos price
A bag of tomatoes costs anywhere from 61 KMF to 150 KMF. A bag of tomatoes denotes 1Kg or 1lb depending on location.
Bag of apples price
A bag of apples costs 140 KMF 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
The average grocery-to-income ratio in Comoros is around 27%. This means that students spend 27% of their income on grocery and basic household items. The expenditure can range from 19% to 33% depending on salary and location.
Expenditure on food and grocery for students
Students' spending on grocery ranges from 4,600 KMF to 200,000 KMF with the location, income, and size of the student being the most determinite factors.
