Key Cost of Living Data
Monrovia 2026 · NYC baseline = 100
| Category | Value | Notes | Source |
|---|---|---|---|
| CoL Index | N/A | NYC baseline = 100 · global avg 87.2 | GlobalCostData 2026 |
| Rent Index | N/A | Avg rent vs NYC | GlobalCostData 2026 |
| 1-BR City Centre | $300 | Monthly rent, USD | GlobalCostData 2026 |
| 1-BR Outside Centre | $195 | Monthly rent, USD | GlobalCostData 2026 |
| Cheap Restaurant Meal | $3 | Per person, USD | GlobalCostData 2026 |
| Monthly Groceries | $276 | Single person, USD | GlobalCostData 2026 |
| Monthly Transport | $52 | Transit pass, USD | GlobalCostData 2026 |
Affordability snapshot
Rent / Salary ratio
205%
Share of average net salary absorbed by 1-bed city-centre rent. Lower = more disposable income.
Country context · Liberia
Avg net salary
$146
Food basket /mo
$39
Avg rent /mo
$300
Internet speed
1 Mbps
Safety index
N/A
HDI
0.487
Life expectancy
62.6 yrs
Purchasing power
5.0
Housing & Rent
USD per month · 2026
| Type | USD / month | Notes |
|---|---|---|
| 1-bed, city centre | $300 | Capital city avg. |
| 1-bed, outside centre | $195 | Suburbs avg. |
| Country avg rent | $300 | Liberia (national) |
Food & Dining
Per-item prices in USD
| Item | Price (USD) | Notes |
|---|---|---|
| Cheap restaurant meal | $3 | Per person |
| Mid-range restaurant (2p) | $10 | 3-course |
| Monthly groceries (single) | $276 | Single person estimate |
| Country food basket | $39 | Liberia (national avg) |
Transport
Monthly costs in USD
| Type | Price (USD) | Notes |
|---|---|---|
| Monthly transit pass | $52 | Public transport avg. |
City Insight
In Monrovia, a 1-bedroom city-centre apartment ($300/mo) absorbs approximately 205% of the average net salary ($146/mo). Housing is a dominant budget item.
Country profile
Full cost of living guide for Liberia
Related · TaxRatesByCountry.com
Tax Rates in Liberia for Expats 2026
Income tax, corporate rates, capital gains & special regimes
Read guide →
Free resource
Planning a move to Monrovia?
Get our Expat Budget Calculator — personalised monthly cost estimate for your lifestyle and city.
Monthly Budget Estimates
Monrovia · 2026 · Single person
| Lifestyle | Monthly Budget (USD) | Notes |
|---|---|---|
| Frugal | $500 | Shared room, basic lifestyle |
| Comfortable | $800 | 1-bed apt, normal expat lifestyle |
| Western expat | $1,300 | Private apt, regular travel |
Monthly Budget Calculator
Estimate your personal monthly spend in Monrovia.
Frequently Asked Questions
Monrovia cost of living
Is Monrovia good for digital nomads on a budget?
Monrovia is one of the more affordable cities for digital nomads, with a CoL Index of 43.0 (roughly 57% below New York City). A comfortable remote-work lifestyle — including a private apartment, fast internet, and regular dining out — typically costs $430–$602/month, making it highly competitive on a USD or EUR income.
What is the cheapest area to live in Monrovia?
Outside the city centre, a 1-bedroom apartment in Monrovia averages $195/month, compared to $300/month in central areas. Outer districts and emerging neighbourhoods can be even cheaper — local expat forums are the best source for current listings.
How does Monrovia compare to other affordable cities?
With a CoL Index of 43.0, Monrovia sits comfortably in the affordable tier (below 60 on the NYC=100 scale). It compares favourably with similar budget destinations in the region, offering a good balance of infrastructure and low cost that appeals to long-stay travellers and expats alike.
Is Monrovia, the capital, more expensive than other cities in Liberia?
As the capital of Liberia, Monrovia tends to command a premium over smaller regional cities. Its CoL Index of 43.0 (NYC=100) reflects the concentration of government, business, and international institutions that typically drive up housing and service costs. Secondary cities in Liberia are often 20–40% cheaper for rent.
What is the average salary in Monrovia?
The average net monthly salary in Monrovia is approximately $146, equivalent to around $1,752/year after taxes. Technology, finance, and international companies typically pay above average. Expat packages often include housing allowances on top of the base salary.
Cities With Similar Cost of Living
Comparable CoL Index (+/- 10 points) to Monrovia
Similar cost cities worldwide
Similar cost cities are computed from the CoL Index.Explore
Also explore
Sources: World Bank Open Data 2026 · GlobalCostData Research 2026. Data verified April 2026. Not financial or legal advice.
Disclaimer: Prices are indicative and vary by neighbourhood and individual lifestyle. Verify with local sources before relocating.