AGADIR LIVING COSTS WHAT BUDGET TO LIVE ON?
COST OF LIVING : INTRODUCTION
The cost of living is an assessment of the average cost of household consumption expenditure in a given region.
However, the indices used to measure inflation (such as the consumer price index) do not allow us to measure changes in the cost of living.
To accurately measure these changes, we must include variations in the quantities consumed.
Moreover, the cost of living is higher in developed countries than in emerging countries, and even higher compared to developing countries.
This phenomenon is known as the Balassa-Samuelson effect. For instance, 2 US dollars in the United States or 2 US dollars in Somalia will not correspond at all to the same purchasing power.
In other words, they do not equate to the same quantity of marketable goods and services that can be purchased.
Furthermore, the cost of living is one of the current societal issues in Europe.
In addition to the high cost of living, spatial disparities are emerging.
For example, a household’s shopping basket in Germany is around 30% cheaper than in France.
LIVING COSTS : ESTIMATED BUDGET
Want to live in Agadir city or move to Morocco for a while? To calculate your budget, use information on the cost of living.
So, what is the budget for living in Agadir? We have estimated the average monthly budget for living in Agadir (Morocco), including accommodation.
This estimate was calculated by using a European consumption pattern as a reference and by adding the various expenditure items that we have listed below.
The monthly cost of living for a person living alone in Agadir is €600, compared to an average of €700 in Morocco and €1,900 in the UK.
Conversely, the monthly cost of living for a family of four living in Agadir is €1,750, whereas it averages €2,000 in Morocco and €4,600 in the UK.
Consequently, the cost of living in Agadir is 7% lower than the average in Morocco and, for reference, 50% lower than the average in England.
However, considering that the average salary in Agadir is lower than in the UK, it is important to note that purchasing power in this city is quite unsatisfactory due to the low incomes.
Cost of living details in Agadir: These figures represent indicative prices observed in Agadir, Morocco.
They are averages, and it is crucial to mention that prices may vary depending on the establishments and suppliers.
COST FOR RESTAURANTS
Meal in a cheap restaurant: €3.00
Meal (2 people) mid-range restaurant: €20
Menu at McDonald’s: €5.50 in addition
Draft beer (50 cl): €2.50
Bottled beer (33 cl): €2.30
Water (33 cl bottle): €0.20
Coke or Pepsi (33 cl bottle): €0.45
Cappuccino (ordinary): €1.88
COST OF GROCERIES : MARKETS
In addition Water (1.5 litre bottle): €0.50
Milk (1 litre): €0.75
Bread (500g loaf): €0.36
Rice (1kg): €1.90
Eggs (12): €1.75
Chicken (1kg fillet): €3.00
Roast Beef (1kg): €8.75
Local Cheese (1kg): €8.65
Apples (1kg): €1.30
Bananas (1kg): €1.30
Tomatoes (1kg): €0.75
Potatoes (1kg): €0.75
Salad: €0.50
Local Beer (50cl): €1.90
Beer imported (33 cl): €2.25
Bottle of wine (mid-range): €5.75
Cigarettes (pack of 20): €3.85
TRANSPORTATION
One-way ticket (local transport): €0.41
Monthly transport subscription: €13
Taxi (1 km at normal rate): €0.60
Petrol (1 litre): €1.37
Toyota Corolla 1.6l 97kW Comfort : €19,929
Volkswagen Golf 1.4 90 KW Tendance : €20,065
Monthly charges
High-speed Internet (monthly subscription): €21
Basic (electricity, heating, air conditioning, water, waste) for 85m2 apartment: €30
Mobile plan with Internet (monthly subscription): €9.13
In addition Sports and leisure
Cinema (1 seat): €5.58
Sports and fitness club (monthly subscription): €23
LIVING COSTS : CLOTHING
Nike shoes (mid-range): €58
Leather sneakers: €47
Jeans (Levis 501 or similar): €23
Summer dress (high street store): €27
Children
Private daycare (monthly): €56
Private primary school (annual): €1,329
Total (excluding housing)
Monthly budget for a single person (without housing): €433
Monthly budget for a family of 4 (without housing): €1,539
LIVING COSTS : CLOTHING
in addition
Studio (1 bedroom) in the city center: €220
Small apartment (1 bedroom) outside the center: €143
Apartment (3 bedrooms) in the city center: €457
Big apartment (3 bedrooms) outside the center: €246
Real estate: purchase
Purchase of an apartment in the city center (price per square meter): €1,678
Purchase of an apartment outside the center (price per square meter): €948
SALARIES
Average monthly net salary (after taxes): €311
Agadir compared to other cities in Morocco
The cost of living in Agadir is therefore lower than the average in Morocco. In order to help you situate Agadir in relation to other cities in Morocco, here is a ranking of the country’s major cities.
Agadir is one of the least expensive cities!
Cities more expensive than Agadir: Marrakech (+11%), Casablanca (+14%)
Find all the details of the cost of living in Morocco in order to estimate the budget you will need to live (or travel for a long time) in this country.
CONCLUSION
Agadir has a surprisingly cheap cost of living it comes to the cost of living in major cities locally and internationally, including transportation, housing and food expenses, even though these prices tend to be relatively affordable. The cost of living, as a result of transport, food, and the way of life, are generally affordable based on your lifestyle or preferences for housing. The climate is vibrant as well as a stunning coastline and an active tourism industry, Agadir remains a desirable destination for expats as well as locals who are looking for affordable living without losing the quality of life.
You might also enjoy these articles
IS IT SAFE IN AGADIR MOROCCO ?
IS IT SAFE IN AGADIR : INTRODUCTION Agadir city stands out as the most popular tourist destination in Morocco. And,
TOP HOSTELS AGADIR CHEAP AND COSY
INTRODUCTION Agadir, Morocco is an exciting coastal city popular with travelers searching for an eclectic combination of culture, beach vibes
THE MEDINA AGADIR HISTORIC VIBRANT RESILIENT
MEDINA OF AGADIR : TRAVEL BACK THROUGH TIME The Medina located on the south-facing coast is a treasure of architecture