MigrantoCost of living in Mali
What a month costs, how prices compare with other countries
Monthly cost in Mali
Spending runs from F CFA 17,000 a month in the poorest fifth to F CFA 98,100 in the richest
Per person, whole country
F CFA 35,700
what a typical person spends in a month
Spending across the population
F CFA 17,000richest 20%
F CFA 98,100
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Key facts
The cost of living in Mali in numbers
Typical spending takes 35% of the average wage
A typical person spends F CFA 35,700 a month while the average take-home wage is F CFA 103,000, so 65% of an average wage sits above what a typical person spends.
How living costs in Mali compare
Neighbours, region and the world on the same monthly figure
What things cost here
How much the same goods and services cost in Mali against other countries
Cheaper than 73% of countries
Where Mali sits when every country is lined up from cheapest to most expensive
Pakistanmost expensive
Bermuda
middle
A basket of goods and services that costs F CFA 567,000 at world-middle prices costs F CFA 458,000 here.
Data source: household consumption 2024 (World Bank), International Comparison Program 2021 (World Bank), adjusted to 2026 using IMF GDP-per-capita growth
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What it costs to live in Mali
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Cost of living in Mali
F CFA 17,000/mo
vs F CFA 454,000 in your country
Take-home
F CFA 83,200
vs F CFA 681,000 in your country
Potential savings
F CFA 66,200
more than in your country
Standard of living
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Frequently asked questions
What is the cost of living in Mali?
A typical person in Mali spends about F CFA 35,700 a month — around F CFA 429,000 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 Mali?
By spending, Mali ranks #165 of 185 countries. A typical person spends about F CFA 35,700 a month, the poorest 20% about F CFA 17,000 and the richest 20% about F CFA 98,100. The gap between them shows how unevenly people live.
What is the cost of living in Mali in US dollars?
The cost of living in Mali is about $63 a month, or roughly $756 a year per person.
How much money do you need to live comfortably in Mali?
It all depends on your standard of living. A modest budget runs about F CFA 17,000 a month per person, a typical one around F CFA 35,700, and a comfortable life around F CFA 47,600. In big cities and for a family, costs are usually higher.
Is the average salary in Mali enough to live on?
Yes, with room to spare. Average spending is about F CFA 35,700 a month, while the average take-home pay in Mali is about F CFA 103,000. For more on incomes, see salaries in Mali.
Is Mali an expensive country to live in?
No. Mali is more expensive than 11% of countries worldwide and ranks 33rd of 53 in Africa by cost of living.
What currency is used in Mali?
Mali uses the West African CFA Franc (XOF). Amounts on this page are shown in it; the currency switcher converts them.
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Living in Mali
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