Cost Of Living For a Student in Lome 2025
Average Monthly Expenditure
Currency: XOF
Average monthly spending for students in Lome
How much money does a student need in a month to survive in Lome?
Students in Lome spend around 300,000 XOF per month on average. Depending on the lifestyle, a student can survive with a monthly budget as low as 45,000 XOF or as high as 2M XOF. Location is a very important factor and has a huge influence on expenditure and budget.
Prices and cost of goods and services in Lome
Dining, food, and beverages costs
Fast food combo meal
| 550 XOF | 1,100 XOF | 1,800 XOF |
Restaurant meal for one
| 1,900 XOF | 2,900 XOF | 5,700 XOF |
Fine dining meal for one
| 3,800 XOF | 5,700 XOF | 23,000 XOF |
Cappuccino or latte
| 460 XOF | 730 XOF | 1,100 XOF |
Grocery and market costs
Milk large bottle
12 eggs
Fresh whole chicken
| 620 XOF | 810 XOF | 1,100 XOF |
Pack of beef
| 730 XOF | 1,100 XOF | 2,200 XOF |
Medium bag of rice
Bag of tomatos
Bag of apples
Commute, travel, and transportation costs
20 minutes taxi ride
| 480 XOF | 570 XOF | 1,100 XOF |
Average car full tank
| 2,700 XOF | 3,700 XOF | 7,300 XOF |
Average car 1-day rental
| 3,000 XOF | 4,000 XOF | 6,000 XOF |
Average car price
| 1.4M XOF | 2.7M XOF | 3.7M XOF |
Bus ticket one way
Car Service
| 4,000 XOF | 6,000 XOF | 12,000 XOF |
Utility cost (monthly)
Utility Bill - Student
| 1,800 XOF | 12,000 XOF | 80,000 XOF |
Internet and cable
| 2,700 XOF | 5,500 XOF | 7,300 XOF |
Mobile phone charges
| 2,200 XOF | 3,700 XOF | 11,000 XOF |
Leisure and activities costs
Movie ticket
| 1,400 XOF | 1,800 XOF | 2,700 XOF |
One month gym membership
| 4,800 XOF | 6,000 XOF | 12,000 XOF |
Cloths and accessories costs
Pair of jeans or pants
| 3,500 XOF | 5,000 XOF | 7,500 XOF |
Woman dress
| 3,300 XOF | 4,600 XOF | 15,000 XOF |
Woman shoes
| 3,200 XOF | 4,300 XOF | 10,000 XOF |
Men's shoes
| 2,700 XOF | 3,300 XOF | 6,700 XOF |
Men suit
| 3,000 XOF | 3,800 XOF | 20,000 XOF |
Regular t-shirt
| 1,500 XOF | 2,000 XOF | 6,000 XOF |
Housing costs / monthly rent
Studio apartment
| 50,000 XOF | 75,000 XOF | 200,000 XOF |
1-bedroom apartment
| 75,000 XOF | 120,000 XOF | 300,000 XOF |
2-bedroom apartment
| 100,000 XOF | 150,000 XOF | 400,000 XOF |
Housing costs / Buying
Studio apartment
1-bedroom apartment
2-bedroom apartment
Furniture Costs
King Size Bed
| 55,000 XOF | 68,000 XOF | 91,000 XOF |
Double Bed
| 37,000 XOF | 55,000 XOF | 68,000 XOF |
Single Bed
| 32,000 XOF | 42,000 XOF | 55,000 XOF |
Living Room
| 61,000 XOF | 78,000 XOF | 270,000 XOF |
Dining Table
| 27,000 XOF | 37,000 XOF | 68,000 XOF |
Sofa or Couch
| 37,000 XOF | 50,000 XOF | 110,000 XOF |
Electronics and House Appliance Costs
TV Set
| 37,000 XOF | 55,000 XOF | 110,000 XOF |
Fridge or Freezer
| 32,000 XOF | 50,000 XOF | 68,000 XOF |
Washing Machine
| 42,000 XOF | 61,000 XOF | 110,000 XOF |
Stove or Cooker
| 39,000 XOF | 50,000 XOF | 68,000 XOF |
Mobile Phone
| 46,000 XOF | 55,000 XOF | 78,000 XOF |
Laptop or Computer
| 50,000 XOF | 61,000 XOF | 110,000 XOF |
How do students spend their money in Lome?
We asked thousands of students about their spending habits and expenditure break down.
Housing and accomodation expenditure for students
Accomodation Cost19%
19% of total expenses on average (14% to 25%)
| LOW | $18 11,000 XOF |
| AVERAGE | $120 72,000 XOF |
| HIGH | $790 480,000 XOF |
| Per Month |
Students in Lome typically spend from 14% to 25% of their total monthly expenditure on housing with 19% being the average. The average monthly spend on housing is 72,000 XOF with expenditure ranging from 11,000 XOF to 480,000 XOF. This cost mainly goes for rent but it also includes other accommodation-related expenses.
Electricity, utilities, energy, water, internet, and mobile expenditure for students
Cost of utilities6%
6% of total expenses on average (4% to 10%)
| LOW | $3 1,800 XOF |
| AVERAGE | $20 12,000 XOF |
| HIGH | $130 80,000 XOF |
| Per Month |
Utility expenditure like electricity, water, and gas in Lome ranges from 4% to 10% of total expenses with 6% being the average for most students. The average monthly cost of utilities is 12,000 XOF with 1,800 XOF and 80,000 XOF 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 | $5.2 3,200 XOF |
| AVERAGE | $35 21,000 XOF |
| HIGH | $230 140,000 XOF |
| 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 3,200 XOF to 140,000 XOF in a month on commuting with 21,000 XOF 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 | $15 9,000 XOF |
| AVERAGE | $99 60,000 XOF |
| HIGH | $660 400,000 XOF |
| Per Month |
The average outlay on groceries and basic houshold items for a typical student in a month in Lome is 60,000 XOF. The cost of groceries can range between 9,000 XOF to 400,000 XOF. 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 | $4.5 2,700 XOF |
| AVERAGE | $30 18,000 XOF |
| HIGH | $200 120,000 XOF |
| Per Month |
Students in Lome 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 2,700 XOF to 120,000 XOF with 18,000 XOF 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 | $3.7 2,300 XOF |
| AVERAGE | $25 15,000 XOF |
| HIGH | $160 100,000 XOF |
| Per Month |
This category mostly contains discretionary or non-essential expenses but also some non-discretionary spending like furniture for example. The monthly expenses range from 2,300 XOF to 100,000 XOF with 15,000 XOF 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 | $14 8,600 XOF |
| AVERAGE | $94 57,000 XOF |
| HIGH | $630 380,000 XOF |
| 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 57,000 XOF per month with 8,600 XOF being the minimum spent amount and 380,000 XOF being the maximum.
Other Expenses18%
18% of total expenses on average (12% to 24%)
| LOW | $11 6,800 XOF |
| AVERAGE | $74 45,000 XOF |
| HIGH | $490 300,000 XOF |
| 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 Lome
Income and cost of living compatibility
We asked students one simple question and recorded their answers.
Is it affordable or economical to live in Lome?
Around 64% of surveyed students think that living in Lome is affordable with proper budgeting while 36% reported that it is just too expensive and not affordable even with frugality and thriftness.
Low-cost alternatives in Lome
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 options64%
Few low-cost options36%
Based on the survey, 64% of the students living in Lome have no problem finding low-cost alternatives to support a frugal lifestyle while 36% 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 Lome whether they have an emergency fund and the answers were as follows.
Yes60%
No40%
Based on the survey, 40% of the students living in Lome said that they don't have an emergency fund while 60% said that they do.
Financial Literacy in Togo
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 Leteracy51%
We asked student guardians and parents in Lome whether they acquired any adequate personal financial training in their lives. Approximately 49% 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 51% 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 Togo have problems or difficulties in managing their expenditures and savings so we asked people one simple question: do you struggle with your personal finances? 48% of the participants reported that they indeed struggle in creating budgets and in organizing their finances while 52% said that they have everything under control.
Struggles with finance48%
Easily manages finances52%
Housing costs, accommodation, and housing affordability in Lome
Rental costs and house/apartment prices can vary drastically between different areas and locations.
Rent Cost in Lome
Monthly Rent Prices
Studio apartment monthly rent cost
| 50,000 XOF | 75,000 XOF | 200,000 XOF |
1-bedroom apartment monthly rent cost
| 75,000 XOF | 120,000 XOF | 300,000 XOF |
2-bedroom apartment monthly rent cost
| 100,000 XOF | 150,000 XOF | 400,000 XOF |
3-bedroom apartment monthly rent cost
| 120,000 XOF | 200,000 XOF | 550,000 XOF |
Furnished apartment monthly rent cost
| 240,000 XOF | 600,000 XOF | 1.2M XOF |
Townhouse monthly rent cost
| 200,000 XOF | 300,000 XOF | 860,000 XOF |
House monthly rent cost
| 240,000 XOF | 600,000 XOF | 1.2M XOF |
Villa monthly rent cost
| 300,000 XOF | 750,000 XOF | 1.2M XOF |
The monthly rental cost of a studio apartment in Lome ranges between 50,000 XOF and 200,000 XOF, meanwhile the cost of monthly rental of a one-bedroom apartment can be anywhere from 75,000 XOF to 300,000 XOF. Two-bedroom rentals rate ranges between 100,000 XOF and 400,000 XOF per month. The monthly rental for a three-bedroom apartment ranges from 120,000 XOF to 550,000 XOF. The average rent of a townhouse in Lome is around 300,000 XOF while house rental costs can be as high as 600,000 XOF per month. Finally, if you want to rent a villa, expect to pay anywhere from 300,000 XOF to 1.2M XOF per month.
Apartment and house prices in Lome
Cost of buying a property
Studio apartment price
1-bedroom apartment price
2-bedroom apartment price
3-bedroom apartment price
| 67M XOF | 100M XOF | 300M XOF |
| $110,000 | $170,000 | $500,000 |
Townhouse price
| 86M XOF | 200M XOF | 750M XOF |
House price
| 100M XOF | 600M XOF | 860M XOF |
Villa price
| 120M XOF | 670M XOF | 1,000M XOF |
The average price of a studio apartment in Lome can range from 10M XOF to 30M XOF depending on location. One bedroom cost can be anywhere from 12M XOF to 75M XOF. A villa can cost you 670M XOF on average with prices ranging from 120M XOF to 1,000M XOF.
If you're leasing or purchasing, housing costs in Lome 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
| 37 | x107 monthly income | 224 |
Property prices in Lome can be x107 to x224 multiples of the monthly income depending on the property and the income of the person. On average, property prices are approximately x107 multiples of the average monthly salary in Lome.
Rent to income ratio
Rent to income ratio
( monthly rental / monthly income ) x 100
The average rent-to-income ratio in Lome is around 33%. This means that people pay 33% of their income for rent. Those figures can range from 22% to 44% 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
30% 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.
| 900 XOF | 12,000 XOF | 120,000 XOF |
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 Lome
Utilities expenditure can vary slightly between different areas and locations.
Energy, electricity, water, gas, internet, and mobile cost in Lome
Utility Bill Cost / Electricity + Water + Gas / Student
| 1,800 XOF | 12,000 XOF | 80,000 XOF |
Internet and cable cost
| 2,700 XOF | 5,500 XOF | 7,300 XOF |
Mobile phone bill and charges
| 2,200 XOF | 3,700 XOF | 11,000 XOF |
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 12,000 XOF. The cost of internet and WiFi ranges from 2,700 XOF to 7,300 XOF with 5,500 XOF being the average internet bill. Finally, the average monthly mobile charges is around 3,700 XOF but can range between 2,200 XOF and 11,000 XOF depending on consumption. Mobile charges include both calling minutes as well as data packages.
Energy / Utility expense to income ratio
( monthly utility expenses / monthly income ) x 100
The average utility-to-income ratio in Lome is around 6.8%. This means that people pay 6.8% of their income for energy, water, internet, and mobile charges. Those figures can range from 3.4% to 11% depending on salary and location.
Food Prices, Dining Expenses, and Grocery Costs in Lome
Grocery / Food expenditure and prices can vary drastically between different areas and locations.
Prices and cost of goods and services in Lome
Dining out, food, and beverages costs. Price variations for common food items.
Fast food combo meal price
| 550 XOF | 1,100 XOF | 1,800 XOF |
The average price of a regular combo meal at a fast food outlet or chain like McDonald's, Pizzahut, or KFC in Lome is approximatly 1,100 XOF with meal cost ranging from 550 XOF to 1,800 XOF. The typical combo meal consists of a burger, french fries, and a drink.
Restaurant meal for one price
| 1,900 XOF | 2,900 XOF | 5,700 XOF |
If you are planning to have a nice meal at a mid-range restaurant, expect to pay anywhere between 1,900 XOF and 5,700 XOF with 2,900 XOF being the average price of a plate for one person at a regular restaurant in Lome.
Fine dining meal for one price
| 3,800 XOF | 5,700 XOF | 23,000 XOF |
The price range of a meal at fine-dining restaurant is 3,800 XOF to 23,000 XOF with the average cost being 5,700 XOF for one person. This is what you would expect to pay a top-tier diner in Lome.
Beverage prices, cappuccino, latte etc..
| 460 XOF | 730 XOF | 1,100 XOF |
The average price of a regular beverage like cappuccino or latte at Starbucks, Costa, or similar coffee shops and cafes in Lome is around 730 XOF. Price ranges between 460 XOF and 1,100 XOF 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 Lome is 440 XOF. The maximum what you would pay for milk is 550 XOF and the minimum being 370 XOF depending on the brand of milk and other properties.
12 eggs price
A dozen eggs costs around 370 XOF on average with 270 XOF and 550 XOF being the lower and upper limits respectively.
Fresh whole chicken price
| 620 XOF | 810 XOF | 1,100 XOF |
The price range of a fresh whole chicken in Lome is between 620 XOF and 1,100 XOF depending on the size of the chicken and whether it is oraganic or not. The average price is approximatly 810 XOF.
Pack of beef price
| 730 XOF | 1,100 XOF | 2,200 XOF |
The price of a regular pack of beef or meat is around 1,100 XOF. A pack of beef contains around 1Kg or 1lb depending on packing.
Medium bag of rice price
A bag of rice in Lome costs around 400 XOF on average with prices rangeing between 290 XOF and 570 XOF depending on the brand and quality.
Bag of tomatos price
A bag of tomatoes costs anywhere from 110 XOF to 270 XOF. A bag of tomatoes denotes 1Kg or 1lb depending on location.
Bag of apples price
A bag of apples costs 260 XOF on average. A bag of apples denotes 1Kg or 1lb depending on location.
Grocery and food expenditure to income ratio
( monthly grocery expenses / monthly income ) x 100
The average grocery-to-income ratio in Lome is around 31%. This means that students spend 31% of their income on grocery and basic household items. The expenditure can range from 22% to 38% depending on salary and location.
Expenditure on food and grocery for students
Students' spending on grocery ranges from 9,000 XOF to 400,000 XOF with the location, income, and size of the student being the most determinite factors.
