Summary of The Cost of Living in Likoma, Malawi
• The average monthly cost of living for a single person in Likoma is $523.00 including rent, or $448.00 excluding rent.
• The average monthly cost of living for a couple (2 adults) in Likoma is $745.40 including rent, or $670.40 excluding rent.
• The average monthly cost of living for a family of four (2 adults + 2 children) in Likoma is $1,039.40 including rent, or $941.90 excluding rent.
• The average yearly cost of living in Likoma ranges from $6,276.00 for a single person to $8,944.80 for a couple, and $12,472.80 for a family of four, including rent. Excluding rent, the yearly range is $5,376.00 for a single person to $8,044.80 for a couple, and $11,302.80 for a family of four.
• For budget-conscious living in Likoma, baseline monthly expenses range from $206.50 for a single person to $289.75 for a couple, and $401.50 for a family of four, including rent. Excluding rent, the range is $171.50 for a single person to $254.75 for a couple, and $356.00 for a family of four.
• For comfortable/luxury living in Likoma, estimated monthly expenses range from $1,054.50 for a single person to $1,504.85 for a couple, and $2,087.10 for a family of four, including rent. Excluding rent, the range is $929.50 for a single person to $1,379.85 for a couple, and $1,924.60 for a family of four.
• The average monthly salary for a person in Likoma is $70.00, which is 84.4% less than the average monthly cost of living and 59.2% less than the budget cost of living for a single person, excluding rent.
Cost of Living Details
| Category | Subcategory | Description | Cost Range (Monthly) |
|---|---|---|---|
| Monthly rent for your primary residence (apartments, houses, condos) | |||
| Monthly electricity bill | |||
| Monthly running water bill | |||
| Monthly broadband internet subscription with unlimited data and cable TV | |||
| Monthly gas and heating expenses | |||
| Monthly mobile phone plan with data and calling | |||
| Monthly food and grocery expenses | |||
| Monthly expenses for basic household supplies and personal hygiene items (toiletries, cleaning supplies, and paper products) | |||
| Monthly transportation costs (public transit, vehicle ownership, or ride-sharing) | |||
| Monthly expenses for movies, coffee, drinks, and social activities (excluding shopping & dining) | |||
| Monthly expenses for clothing, shoes, and accessories | |||
| Monthly health insurance cost | |||
| Monthly prescription medications and pharmacy expenses | |||
| Monthly doctor visits and dental care expenses | |||
| Monthly gym membership | |||
| Monthly expenses for laundry and housekeeping services | |||
| Monthly expenses for food and basic care per pet (grooming, veterinary visits, treats, and medications) | |||
| Monthly childcare and school fees | |||
| Total (selected items only) | |||
Expense Distribution
Salary Info
| Category | Subcategory | Description | Salary Range (Monthly) |
|---|---|---|---|
| Salary | Salary | Monthly salary (full-time) |