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Africa · Monrovia

Cost of living in Liberia

Liberia is 54% cheaper than the US, ranking #99 of 203 countries we cover for cost of living.

World Bank data through 2024 · last reviewed 2026-06.

Cost of living · US = 100
46.2
Ranks #99 of 203 · 54% cheaper than the US
GDP / capita (PPP)
$1,871
GNI / capita (PPP)
$1,750
Inflation · YoY
8.2%
Population
5.6M
Capital
Monrovia
Density
57 /km²
Urban
56%
Area
111.4K km²

What drives the cost here

Price levels by category, where the world average = 100. Above 100 is pricier than the global norm; below it is cheaper.

In Liberia, food & groceries is the priciest category relative to the world (113), while health is the most affordable (44).

Food & groceries 113
Communication 83
Transport 77
Restaurants & hotels 70
Housing & utilities 67
Health 44

Category price levels: World Bank ICP 2021 (world average = 100) · source

Liberia on the map

What your money is worth here

A $100,000 US lifestyle would cost roughly $46,000 in Liberia.

Quality of life

45/100 · #179 of 198

Beyond cost — health, safety, and connectivity. The score is a transparent, equal-weight composite of the verified metrics below (see methodology).

Quality-of-life score
45 / 100
Our transparent equal-weight composite
Life expectancy
62 yrs
World Bank · 2024 · source
Safety · homicide /100k
3.1
UNODC · 2012 · source
Infant mortality /1k
63
World Bank · 2024 · source
Internet users
32%
ITU · 2024 · source
Air quality · PM2.5
42 µg/m³
WHO · 2020 · source

About Liberia

With 28 ethnic groups and languages, Liberia is one of the most ethnically diverse countries in the world. For hundreds of years, the Mali and Songhai Empires claimed most of Liberia. Beginning in the 15th century, European traders began establishing outposts along the Liberian coast. Unlike its neighbors, however, Liberia did not fall under European colonial rule. In the early 19th century, the US began sending freed enslaved people and other people of color to Liberia to establish settlements. In 1847, these settlers declared independence from the US, writing their own constitution and establishing Africa’s first republic.

Read the full background

Early in Liberia’s history, tensions arose between the Americo-Liberian settlers and the indigenous population. In 1980, Samuel DOE, who was from the indigenous population, led a military coup and ushered in a decade of authoritarian rule. In 1989, Charles TAYLOR launched a rebellion that led to a prolonged civil war in which DOE was killed. A period of relative peace in 1997 permitted an election that brought TAYLOR to power. In 2000, fighting resumed. A 2003 peace agreement ended the war and prompted TAYLOR’s resignation. He was later convicted by the UN-backed Special Court for Sierra Leone in The Hague for his involvement in Sierra Leone's civil war. In 2005, Ellen JOHNSON SIRLEAF became president after two years of transitional governments; she was the first female head of state in Africa. In 2011, JOHNSON SIRLEAF won reelection but struggled to rebuild Liberia's economy -- particularly after the 2014-15 Ebola epidemic -- and to reconcile a nation still recovering from 14 years of fighting. In 2017, former soccer star George WEAH won the presidential runoff election, marking the first successful transfer of power from one democratically elected government to another since the end of Liberia’s civil wars. Like his predecessor, WEAH struggled to improve the country’s economy. In 2023, former Vice President Joseph BOAKAI was elected president, edging out WEAH by a thin margin, the first time since 1927 that an incumbent was not re-elected after one term.

Background from the CIA World Factbook (public domain), archived 2026-06-03.

Frequently asked

Is Liberia expensive to live in?

Liberia is 54% cheaper than the US, ranking #99 of the 203 countries we track. Its most expensive category relative to the world is food & groceries; health costs the least.

How much money do you need to live in Liberia?

A lifestyle that costs $100,000 in the United States would cost roughly $46,000 in Liberia, going by overall price levels. The salary translator turns your own figure into a local equivalent.

Is Liberia cheaper than the United States?

Yes. Its overall price level is 46.2, against 100 for the United States.

What is the quality of life in Liberia?

Liberia scores 45 out of 100 on our quality-of-life index (#179 of 198), a composite of life expectancy, safety, health, and connectivity, with life expectancy around 62 years.

Every number, sourced.

We cite the exact source and year for each figure. Derived values are computed at build time, never hand-entered.

Price level index (US = 100)
Derived: nominal ÷ PPP GDP per capita, indexed to the US
46.2
GDP per capita (PPP)
World Bank · 2024 · source
$1,871
GNI per capita (PPP)
World Bank · 2024 · source
$1,750
Inflation (annual %)
World Bank · 2024 · source
8.2%
Population
World Bank · 2024 · source
5.6M
Population density
World Bank · 2023 · source
57 /km²
Urban population
World Bank · 2024 · source
56%
Surface area
World Bank · 2023 · source
111.4K km²

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