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Living Wage Series - Ghana - September 2020 - In GHS, per Month

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You are looking at an archive page of WageIndicator Living Wages. This data is not comparable with recent data provided by WageIndicator. This is due to revised data cleaning procedures adopted by WageIndicator and the impact of the Covid-19 pandemic on the cost of living globally. Moreover, the national data shown does not reflect the regional data that is used for Living Wage implementation.

Interested to implement WageIndicator's Living Wages in your organisation's compensation and benefits, using data that is updated every quarter? Learn about the database options and rates and the countries and regions covered. For academic use, data on Living Wages and the cost of living can be acquired for free.

The Living Wage is based on the concept that work should provide an adequate income to cover the necessary living costs of a family. WageIndicator uses prices from the Cost of Living database that is the biggest data source for cost of living worldwide. The Living Wage is an approximate income needed to meet a family’s basic needs including food, housing, transport, health, education, mandatory deductions and other necessities.

The following table details the expenditure and income needs for the three commonly occurring family household compositions.

Expenditure and Living Wage calculation (monthly rates in GHS)

  Typical family Standard family Single-adult
  from-to from-to from-to
Family size 6.0 4 1
Food expenses 982-1381 655-920 164-230
Housing expenses 3710-5820 3710-5820 3710-4750
Transport expenses 730-1003 730-1003 365-502
Healthcare expenses 40-52 27-35 7-9
Education expenses 40-58 20-29 0
Drinking water expenses 85-90 57-60 14-15
Clothing expenses 56-60 37-40 9-10
Phone tariff (60 minutes) 13-30 13-30 7-15
5% extra expenses 283-425 262-397 214-277
Total cost of living 5939-8919 5511-8334 4490-5808
Earners per family 1.8 1.8 1
Net Living Wage 3337-5011 3062-4630 4490-5808
Mandatory payroll deductions 834-971 757-950 942-1015
Gross Living Wage 4170-5980 3820-5580 5430-6820

Note: For more details see Living Wage FAQ.

 

Living Wages in Context (monthly rates in GHS)

The statutory Minimum Wages are laid down in laws or government regulations and therefore constitutes both a worker's rights and an employer's obligation. By contrast Living Wages are not prescribed by law and can therefore not be legally enforced. Instead, Living Wages provide a benchmark for employers who voluntarily commit to pay wages according to the local living standards.
WageIndicator presents Living Wages jointly with Minimum Wages, aiming to raise awareness concerning the remaining differences in levels. Living Wages are presented in context with other wage indicators. Prevailing wages of workers in low-, medium-, and high-skilled occupations are obtained from the voluntary WageIndicator web survey on work and wages.

  2020
Minimum wage 319.1
Living Wage - Single Adult 5430-6820
Living Wage - Typical Family 4170-5980
Real wage of low-skilled worker 600-835
Real wage of medium-skilled worker 650-1050
Real wage of high-skilled worker 1220-1990

Note: Table shows the lowest monthly Minimum Wage in a country, when available. Figures in the table are rounded.

288_Ghana

WageIndicator useful links:

WageIndicator Wages in Context Map with the latest updates
All You Always wanted to Know about Living Wages

 

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