The Average Cost of Monthly Studio Rent Across Different Cities in Ghana

Everyone knows that Accra is expensive and it’s no different for those who work in the creative industry. However, this doesn’t mean that people working in the creative industry can’t thrive in other places.

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The Average Cost of Monthly Studio Rent Across Different Cities in Ghana
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The Average Cost of Monthly Studio Rent Across Different Cities in Ghana

 

Everyone knows that Accra is expensive and it’s no different for those who work in the creative industry. However, this doesn’t mean that people working in the creative industry can’t thrive in other places. The cost of rent, utilities, and general living expenses are all essential to take into account if you’re planning to move to a new city. There are obviously many other factors that affect whether a certain city is more affordable than another, but these three tend to be among the most important considerations when choosing where to live. Listed below are some of the average costs associated with renting a studio space in various cities across Ghana. This information should help you make an informed decision about where to live and work if you are one of those people in the creative industry who feels limited by the current cost of living in Accra as it stands today.

 

 

Her

Her is a beach town located in the Western Region of Ghana. It is known for its beautiful coastal scenery, sandy beaches and palm trees. Her is also home to the Cape Coast Botanical Gardens, which are one of the most popular attractions in Ghana. The average monthly cost of renting a studio in Her is $250. This is very affordable compared to the average rent in Accra, which is $350. Rent in Accra is generally much higher than other Ghanaian cities.

 

Kumasi

Kumasi is the capital of the Ashanti region in Ghana. It is also home to one of the biggest universities in sub-Saharan Africa. The average monthly cost of renting a studio in Kumasi is $345. There are a wide range of neighborhoods to choose from in Kumasi. If you want to be close to the university, you will likely have to pay a little more than usual. On the other hand, if you want to be close to the center of the city, you will also likely have to pay a little more than usual.

 

Koforidua

Koforidua is a port city in southeastern Ghana. It is the second-largest city in the Eastern Region of Ghana. Koforidua is also home to the Kofi Kusi Stadium, which is the biggest stadium in the Eastern Region of Ghana. The average monthly cost of renting a studio in Koforidua is $300. Prices vary depending on neighborhood, but they don’t vary by much. Koforidua is a very affordable place to live, especially compared to Accra.

 

Accra

Accra is Ghana’s capital and largest city. It is also the most populous city in the country. Accra is home to the Accra Sports Stadium, which is the largest stadium in Ghana. The average monthly cost of renting a studio in Accra is $650. Accra is the most expensive city in Ghana. It is also the most developed city in the country.

 

Cape Coast

Cape Coast is the largest city in the Central Region of Ghana. It is also the oldest city in the country. Cape Coast is home to the Cape Coast Castle, which is the most visited tourist attraction in Ghana. The average monthly cost of renting a studio in Cape Coast is $300. Like most cities in Ghana, Cape Coast has neighborhoods that are more expensive than others. If you want to be close to the waterfront and the castle, you will likely have to pay a little more than usual.

 

Conclusion

The cost of renting a studio space will vary depending on which city you choose to live in. Accra is the most expensive city, while Koforidua is the cheapest. In general, you can expect to pay about $300 for a studio in any of the above-listed cities, with the exception of Accra where you can expect to pay a little more. If you are in the creative industry, it might be worth considering a move to a different city in Ghana. This will enable you to save money on rent and other living expenses so that you can spend more of your earnings on growing your business.