Verified Facts

Official NameBurkina Faso
CapitalOuagadougou
Population24.1 million
Area272,967 km² (105,393 sq mi)
LanguagesFrench
CurrencyWest African CFA franc (Fr)
TimezoneUTC
RegionAfrica / Western Africa
Drives onRight
Source: REST Countries API

Economic Indicators

GDP per Capita (PPP)$2,896 (2024)
Inflation Rate4.2% (2024)
Health Spend per Capita$72 (2023)
Out-of-Pocket Health Spend43.8% (2023)
Education Spend (% GDP)5.3% (2023)
Source: World Bank Open Data

Burkina Faso is generally cheaper than Ivory Coast, with an overall cost of living that is around 15-20% lower.

Quick Facts

Burkina Faso GDP per Capita (PPP)2,177
Ivory Coast GDP per Capita (PPP)3,845
Burkina Faso Inflation Rate2.5%
Ivory Coast Inflation Rate2.1%
Overall Winner (Cheaper)Burkina Faso

Overview: Burkina Faso vs Ivory Coast

Burkina Faso and Ivory Coast are two neighboring countries in West Africa, with distinct economic profiles. Burkina Faso has a relatively low GDP per capita and a high poverty rate, which contributes to its lower cost of living. In contrast, Ivory Coast has a more diversified economy and a higher GDP per capita, resulting in a slightly higher cost of living. The overall cost of living in Burkina Faso is around 15-20% lower than in Ivory Coast, making it an attractive option for expats, students, and retirees looking for an affordable destination.

The economic context of the two countries also plays a significant role in determining their cost of living. Burkina Faso's economy is largely based on agriculture, with cotton, gold, and livestock being major exports. Ivory Coast, on the other hand, has a more diversified economy, with a strong focus on services, manufacturing, and agriculture. The difference in economic profiles is reflected in the cost of living, with Burkina Faso being generally cheaper for accommodation, food, and transportation. However, Ivory Coast has a more developed infrastructure and a wider range of amenities, which may make it more appealing to some visitors.

Rent & Housing Comparison

ItemBurkina Faso (USD)Ivory Coast (USD)Difference
1BR Apartment (City Center)15025040% cheaper
1BR Apartment (Outside)10018044% cheaper
3BR Apartment (City Center)30050040% cheaper

Food & Dining Comparison

ItemBurkina Faso (USD)Ivory Coast (USD)Difference
Meal at Restaurant51050% cheaper
Groceries (monthly)508037% cheaper
Beer (500ml)2333% cheaper
Coffee1250% cheaper

Transport Comparison

ItemBurkina Faso (USD)Ivory Coast (USD)Difference
Monthly Transit Pass102050% cheaper
Taxi (per km)0.501.0050% cheaper
Fuel (per liter)0.801.2033% cheaper

Utilities & Internet Comparison

ItemBurkina Faso (USD)Ivory Coast (USD)Difference
Utilities (85 sqm apt)508037% cheaper
Internet (60 Mbps)305040% cheaper
Mobile Plan102050% cheaper

Monthly Budget Comparison

Budget TierBurkina Faso (USD)Ivory Coast (USD)Savings
Budget40060033%
Mid-Range8001,20033%
Comfortable1,5002,50040%

Where Each Country Wins

  • Burkina Faso is cheaper for:
  • Rent and housing, with prices 40-44% lower than in Ivory Coast
  • Food and dining, with meals and groceries 37-50% cheaper
  • Transportation, with transit passes and taxi fares 50% lower
  • Utilities and internet, with prices 37-50% lower
  • Ivory Coast is cheaper for:
  • Some imported goods, which may be more readily available and cheaper due to Ivory Coast's larger port and more developed trade networks
  • Certain luxury items, which may be more widely available in Ivory Coast's larger cities
  • High-end dining and entertainment options, which may be more prevalent in Ivory Coast
  • International flights, which may be more frequent and cheaper from Ivory Coast's larger airport

Bottom Line

For expats, students, and retirees looking for an affordable destination, Burkina Faso offers a significant advantage in terms of cost of living. The country's lower prices for accommodation, food, and transportation make it an attractive option for those on a budget. However, Ivory Coast may be more appealing to visitors who prioritize amenities, infrastructure, and luxury goods. Ultimately, the choice between Burkina Faso and Ivory Coast will depend on individual priorities and lifestyle preferences. For those who value affordability and a more laid-back atmosphere, Burkina Faso may be the better choice. For those who prefer a more developed infrastructure and a wider range of amenities, Ivory Coast may be the better option.