MigrantoCost of living in Liberia
What a month costs, how prices compare with other countries, and where the money goes
Monthly cost in Liberia
Spending runs from LRD 3,640 a month in the poorest fifth to LRD 22,400 in the richest
Per person, whole country
LRD 8,740
what a typical person spends in a month
Spending across the population
LRD 3,640richest 20%
LRD 22,400
Where people spend money in Liberia
One person's out-of-pocket spending, averaged across the whole country
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Key facts
The cost of living in Liberia in numbers
Groceries takes an unusual share of the budget
It absorbs 41.5% of spending here, or LRD 3,640 a month, against 19.7% in a typical country, 21.8 points more.
The most expensive of its neighbours
Every neighbouring country is cheaper. The same basket costs LRD 175,000 here against LRD 161,000 in Senegal, the closest on price.
How living costs in Liberia compare
Neighbours, region and the world on the same monthly figure
What things cost here
How much the same goods and services cost in Liberia against other countries
Cheaper than 55% of countries
Where Liberia sits when every country is lined up from cheapest to most expensive
Pakistanmost expensive
Bermuda
middle
A basket of goods and services that costs LRD 182,000 at world-middle prices costs LRD 175,000 here.
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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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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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 standard of living in Liberia?
By spending, Liberia ranks #173 of 185 countries. A typical person spends about LRD 8,740 a month, the poorest 20% about LRD 3,640 and the richest 20% about LRD 22,400. The gap between them shows how unevenly people live.
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.
What currency is used in Liberia?
Liberia uses the Liberian Dollar (LRD). Amounts on this page are shown in it; the currency switcher converts them.
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Living in Liberia
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