Verified Facts

Official NameRepublic of Madagascar
CapitalAntananarivo
Population31.7 million
Area587,041 km² (226,658 sq mi)
LanguagesFrench, Malagasy
CurrencyMalagasy ariary (Ar)
TimezoneUTC+03:00
RegionAfrica / Eastern Africa
Drives onRight
Source: REST Countries API

Economic Indicators

GDP per Capita (PPP)$1,884 (2024)
Inflation Rate9.9% (2023)
Health Spend per Capita$17 (2023)
Out-of-Pocket Health Spend27.4% (2023)
Education Spend (% GDP)3.0% (2023)
Source: World Bank Open Data

Quick Facts

Cost LevelAffordable
Daily Budget (Backpacker)$20-40 USD
Daily Budget (Mid-Range)$50-80 USD
Daily Budget (Comfort)$100-150 USD
CurrencyMGA
Tipping Customnot expected

How Expensive Is Madagascar?

Madagascar is an affordable country to visit or live in, with a cost of living that is lower than many other countries in Africa. The country's economy is still developing, and as a result, prices for accommodation, food, and transportation are relatively low. Compared to its neighbors, such as Mozambique and the Comoros, Madagascar is a more budget-friendly destination. However, prices can vary depending on the location, with the capital city Antananarivo tend to be more expensive than other parts of the country.

Overall, Madagascar offers a great value for travelers and expats, with a unique blend of African, Asian, and European cultures, stunning natural beauty, and a wide range of outdoor activities. With a daily budget of $20-40 USD, backpackers can afford to stay in budget-friendly accommodations, eat at local eateries, and explore the country's many attractions. Mid-range travelers can enjoy more comfort and amenities with a daily budget of $50-80 USD, while those seeking luxury and comfort can expect to pay $100-150 USD per day.

Accommodation Prices

TypePrice Range (USD/night)Notes
Hostel/Budget$5-15Basic dorms and private rooms, shared facilities
Mid-Range Hotel$20-50Comfortable rooms, private bathrooms, TV, and Wi-Fi
Luxury/Resort$100-250High-end amenities, beautiful views, and excellent service
Apartment Rent (monthly)$100-300City center: $200-500, outside city center: $100-200

Food & Dining Prices

Meal TypePrice Range (USD)
Street Food / Local Eatery$1-3
Casual Restaurant$5-10
Mid-Range Restaurant (2 people)$15-30
Fine Dining$30-50
Beer (local)$1-2
Coffee$0.50-1
Water (1.5L bottle)$0.50-1

Transport Costs

TransportCost (USD)
Local bus/metro ride$0.10-0.50
Taxi (per km)$0.50-1
Domestic flight$50-100
Fuel (per liter)$0.50-1

Monthly Budget Breakdown

CategoryBudget ($)Mid-Range ($)Comfortable ($)
Rent100-200200-400400-600
Food150-300300-500500-800
Transport50-100100-200200-300
Utilities50-100100-150150-250
Entertainment50-100100-200200-300
Total500-900900-1,5001,500-2,500

Money-Saving Tips

  • Consider staying in budget-friendly accommodations, such as hostels or guesthouses, to save on rent.
  • Eat at local eateries or street food stalls, which offer delicious and affordable meals.
  • Use public transportation, such as buses or taxis, instead of renting a car or taking taxis.
  • Avoid traveling during peak season (June to September) to save on accommodation and tour prices.
  • Learn some basic Malagasy phrases, such as "merci" (thank you) and "misaotra" (excuse me), to show respect for the local culture and possibly get better prices.
  • Bargain at markets and shops, where prices are often negotiable, to get the best deals on souvenirs and other items.