MigrantoCost of living in Liberia
Average monthly spending, by standard of living, by category, and against other countries
Monthly cost
LRD 8,740
what a typical person spends
Spending by standard of living
LRD 3,640richest 20%
LRD 22,400
Liberia is unusual for the region in how much it leans on the US dollar in daily life, and it imports a great deal of what it uses, so the goods on a shelf rarely feel cheap. What does stay easy is a place to live — rent sits lighter here than in most places. Still, the spread between a comfortable household and a struggling one is wide, and the dollar in everyday use doesn't close it.
Where people spend money in Liberia
The money here flows toward the table and the road: groceries lead, then eating out and getting around, while rent takes up far less than you might brace for. That's an unusual shape — for many people housing is the heavy one, but in Liberia it's food and movement that set the pace. The upside is room to flex; cooking at home and traveling less are levers you can actually pull when a month runs tight.
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What it costs to live in Liberia
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Cost of living in Liberia
LRD 3,640/mo
vs LRD 146,000 in your country
Take-home
LRD 14,500
vs LRD 219,000 in your country
Potential savings
LRD 10,900
more than in your country
Standard of living
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How living costs in Liberia compare
Measured against everywhere else, Liberia is among the cheapest places to live, and it holds a low spot within Africa as well. The surprise is that it gets there while running on the dollar and shipping in so much of what it uses — but local pay is low enough that the overall cost of a life stays modest, imported goods and all.
Data source: household consumption 2024 (World Bank, regional estimate), International Comparison Program 2021 (World Bank), category breakdown 2023 (United Nations Statistics Division), adjusted to 2026 using IMF GDP-per-capita growth
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Frequently asked questions
What is the cost of living in Liberia?
A typical person in Liberia spends about LRD 8,740 a month — around LRD 105,000 a year — on housing, groceries, transport and other everyday costs. It's a nationwide average across different regions, cities and types of housing.
What is the cost of living in Liberia in US dollars?
The cost of living in Liberia is about $48 a month, or roughly $576 a year per person.
How much money do you need to live comfortably in Liberia?
It all depends on your standard of living. A modest budget runs about LRD 3,640 a month per person, a typical one around LRD 8,740, and a comfortable life around LRD 12,200. In big cities and for a family, costs are usually higher.
What do people spend the most on in Liberia?
The biggest expense is groceries, at about LRD 3,640 a month (42% of spending). Then come dining out (LRD 1,460, 16%) and transport (LRD 910, 11%).
Is the average salary in Liberia enough to live on?
Yes, with room to spare. Average spending is about LRD 8,740 a month, while the average take-home pay in Liberia is about LRD 36,200. For more on incomes, see salaries in Liberia.
Is Liberia an expensive country to live in?
No. Liberia is more expensive than 7% of countries worldwide and ranks 41st of 53 in Africa by cost of living.
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Living in Liberia
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