MigrantoCost of living in Libya
Average monthly spending, by standard of living and against other countries
Monthly cost
LYD 936
what a typical person spends
Spending by standard of living
LYD 395richest 20%
LYD 2,390
Libya is an oil country where the state has long held the price of fuel and basics far down, so some costs stay strikingly low even as years of upheaval have unsettled the wider economy. A currency that trades at one rate officially and another on the street means what things really cost depends on how you're paid. The space between a comfortable life and a precarious one is wide, and much of it comes down to whether your money holds its value.
Living-cost calculator
What it costs to live in Libya
Tell us what you earn and spend today — we'll estimate what the same lifestyle would cost in Libya and how much you could have left each month
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- How much could be left each month
- How it compares with today
Cost of living in Libya
LYD 395/mo
vs LYD 5,090 in your country
Take-home
LYD 1,140
vs LYD 7,640 in your country
Potential savings
LYD 745
more than in your country
Standard of living
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How living costs in Libya compare
Compared with the rest of the region, Libya sits around the middle — heavy subsidies on fuel and staples hold the floor down, even where instability pushes other prices around. Globally it stays inexpensive, though the number on a price tag and what you actually hand over can drift apart, depending on which exchange rate reaches you.
Data source: household consumption 2024 (World Bank, regional estimate), PPP price levels (World Bank), adjusted to 2026 using IMF GDP-per-capita growth
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Frequently asked questions
What is the cost of living in Libya?
A typical person in Libya spends about LYD 936 a month — around LYD 11,200 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 Libya in US dollars?
The cost of living in Libya is about $147 a month, or roughly $1,764 a year per person.
How much money do you need to live comfortably in Libya?
It all depends on your standard of living. A modest budget runs about LYD 395 a month per person, a typical one around LYD 936, and a comfortable life around LYD 1,310. In big cities and for a family, costs are usually higher.
Is Libya an expensive country to live in?
No. Libya is more expensive than 24% of countries worldwide and ranks 18th of 53 in Africa by cost of living.
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Living in Libya
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