Last update: Nov 2026

Cost of Living Comparison Between Madagascar and Bansko

For one person, living is cheaper in Madagascar: $616 a month against $968 in Bansko, rent and utilities included – about $4,200 less a year. Rent and utilities account for most of the difference.

30

Cost of Living Index in Madagascar
Learn more

Madagascar Living Index
46

Cost of Living Index in Bansko
Learn more

Bansko Living Index

Jump to prices

🇲🇬 Madagascar

$616

/mo nomad

Bansko

🇧🇬 Bulgaria

$968

/mo nomad

🙂 Solo nomad: Madagascar is 19% cheaper than Bansko without rent, and 36.4% cheaper with rent.

🙂 Family of 3: Madagascar is 30.5% cheaper than Bansko without rent, and 33.9% cheaper with rent.

Meal at Budget Restaurant

$2.26 MGA 10.3K

$8.83 BGN 15.37

-74.41%

Three-Course Dinner for Two, Mid-Range

$17.55 MGA 80.2K

$45.43 BGN 79.1

-61.37%

Fast Food Meal (McDonalds, etc)

$4.91 MGA 22.5K

$8.92 BGN 15.52

-44.96%

Cappuccino

$1.33 MGA 6,068

$2.33 BGN 4.06

-42.92%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$0.80 MGA 3,678

$1.49 BGN 2.60

-46.31%

Water (0.33 liter bottle)

$0.58 MGA 2,638

$0.83 BGN 1.44

-30.12%

Local Beer (0.5 liter draught)

$1.10 MGA 5,018

$1.75 BGN 3.05

-37.14%

Imported Beer (0.33 liter bottle)

$1.86 MGA 8,518

$2.01 BGN 3.49

-7.46%

Milk (1 liter)

$1.13 MGA 5,178

$1.72 BGN 3.00

-34.30%

White Bread (500g)

$0.94 MGA 4,284

$0.86 BGN 1.49

9.30%

Rice (white) (1kg)

$0.74 MGA 3,397

$1.46 BGN 2.55

-49.32%

Eggs

$2.00 MGA 9,136

$2.33 BGN 4.06

-14.16%

Local Cheese (1kg)

$8.18 MGA 37.4K

$9.54 BGN 16.60

-14.26%

Chicken Fillets (1kg)

$4.85 MGA 22.2K

$6.30 BGN 10.96

-23.02%

Beef Round Steak (1kg)

$4.57 MGA 20.9K

$8.64 BGN 15.04

-47.11%

Apples (1kg)

$1.06 MGA 4,844

$1.32 BGN 2.29

-19.70%

Banana (1kg)

$0.58 MGA 2,652

$1.65 BGN 2.86

-64.85%

Oranges (1kg)

$1.00 MGA 4,570

$1.74 BGN 3.02

-42.53%

Tomato (1kg)

$0.80 MGA 3,671

$1.94 BGN 3.38

-58.76%

Potato (1kg)

$0.58 MGA 2,637

$0.95 BGN 1.66

-38.95%

Onion (1kg)

$0.75 MGA 3,447

$0.72 BGN 1.26

4.17%

Lettuce (1 head)

$0.35 MGA 1,609

$0.55 BGN 0.96

-36.36%

Water (1.5 liter bottle)

$0.63 MGA 2,899

$0.59 BGN 1.03

6.78%

Cigarettes 20 Pack (Marlboro, Camel)

$1.54 MGA 7,038

$3.33 BGN 5.79

-53.75%

Wine (Bottle)

$5.05 MGA 23.1K

$5.08 BGN 8.84

-0.59%

Local Beer (0.5 liter bottle)

$0.87 MGA 3,987

$1.12 BGN 1.95

-22.32%

Imported Beer (0.33 liter bottle)

$1.59 MGA 7,278

$1.73 BGN 3.01

-8.09%

One-way Ticket (Public Transport)

$0.14 MGA 648

$0.89 BGN 1.55

-84.27%

Public Transport Monthly Pass (Regular Price)

$17.52 MGA 80.1K

$27.08 BGN 47.11

-35.30%

Taxi Start (Normal Tariff)

$3.26 MGA 14.9K

$1.64 BGN 2.85

98.78%

Taxi (Normal Tariff) (1km)

$2.28 MGA 10.4K

$0.91 BGN 1.59

150.55%

Taxi 1hour Waiting (Normal Tariff)

$4.31 MGA 19.7K

$10.00 BGN 17.39

-56.90%

Gasoline (1 liter)

$1.18 MGA 5,386

$1.50 BGN 2.61

-21.33%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$12.6K MGA 57.6M

$28.6K BGN 49.7K

-55.86%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$23.9K MGA 109.2M

$21.2K BGN 36.9K

12.51%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$66.4 MGA 303.7K

$92.5 BGN 161

-28.19%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$17.05 MGA 77.9K

$14.59 BGN 25.39

16.86%

Internet (50+ Mbps, Unlimited Data)

$53.7 MGA 245.7K

$12.13 BGN 21.11

343.03%

Gym Membership (Monthly)

$22.57 MGA 103.2K

$31.84 BGN 55.4

-29.11%

Tennis Court (1 Hour on Weekend)

$7.03 MGA 32.2K

$8.46 BGN 14.72

-16.90%

Cinema Ticket

$6.07 MGA 27.7K

$5.51 BGN 9.59

10.16%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$25.31 MGA 115.7K

$227 BGN 395

-88.86%

International Primary School, 1 Child (Yearly)

$27.2K MGA 124.6M

$2,311 BGN 4,021

1079.10%

Jeans (Levis 501 Or Similar)

$20.05 MGA 91.6K

$30.56 BGN 53.2

-34.39%

Summer Dress (H&M, Zara, etc)

$25.93 MGA 118.5K

$18.95 BGN 32.97

36.83%

Sport Shoes (Adidas, Nike)

$69.4 MGA 317.1K

$45.80 BGN 79.7

51.46%

Men's Leather Business Shoes

$44.33 MGA 202.6K

$48.28 BGN 84.0

-8.18%

1-bedroom Apartment, City Center (Monthly)

$290 MGA 1.3M

$510 BGN 887

-43.14%

1-bedroom Apartment, Outside City Center (Monthly)

$135 MGA 617.6K

$364 BGN 634

-62.92%

3-bedroom Apartment, City Center (Monthly)

$673 MGA 3.1M

$624 BGN 1,085

7.95%

3-bedroom Apartment, Outside City Center (Monthly)

$325 MGA 1.5M

$566 BGN 985

-42.60%

Buy Apartment in City Center (m2)

$657 MGA 3.0M

$1,166 BGN 2,028

-43.60%

Buy Apartment Outside City Center (m2)

$561 MGA 2.6M

$969 BGN 1,686

-42.10%

Average Monthly Net Salary (After Tax)

$125 MGA 570.3K

$1,680 BGN 2,923

-92.58%

20-Year Fixed Mortgage Interest Rate (Annual %)

19.75

2.99

560.54%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Madagascar: November 3, 2026

Last update for Bansko: November 3, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Groceries & Markets

Madagascar

$141 22.9%

Bansko

$193 19.9% 37% $52

Monthly Utilities & Internet

Madagascar

$137 22.3%

Bansko

$119 12.3% 13.1% $18

Accommodation & Living

Madagascar

$135 21.9%

Bansko

$364 37.6% 170% $229

Clothing & Footwear

Madagascar

$72 11.7%

Bansko

$65 6.7% 10.1% $7.2

Eating Out

Madagascar

$63 10.3%

Bansko

$147 15.2% 132% $84

Sport & Entertainment

Madagascar

$35 5.6%

Bansko

$43 4.4% 23.5% $8.2

Getting Around

Madagascar

$33 5.3%

Bansko

$37 3.8% 12.4% $4.1

Good to know

🇲🇬 Madagascar

🇧🇬 Bansko

🕒 Local time

01:48 1:48 AM

00:48 12:48 AM

1 h behind Madagascar

🌤 Weather

👥 Population

25,570,895

8,000

💱 Currency

Malagasy Ariary MGA Ar

Bulgarian Lev BGN лв.

📈 Exchange rate

10,000 MGA = 2.19 USD

10,000 MGA = 1.95 EUR

1 BGN = 0.575 USD

1 BGN = 0.512 EUR

Exchange rates and currency converter

BGN, USD, EUR to MGA – Malagasy Ariary Converter

🇺🇸 United States Dollar ($)

🇲🇬 Malagasy Ariary (Ar)

Malagasy Ariary exchange rates as of November 5, 2026: 1 USD = 4,572 MGA (10,000 MGA = 2.19 USD). 1 EUR = 5,132 MGA (10,000 MGA = 1.95 EUR).

Bulgarian Lev exchange rates as of November 5, 2026: 1 USD = 1.74 BGN (1 BGN = 0.575 USD). 1 EUR = 1.95 BGN (1 BGN = 0.512 EUR).

USD to MGA in detail →

On the map

Lowest

Highest

Between locations

Madagascar Bansko 7,190 km ≈ 9 h nonstop flight

From you

Madagascar
Bansko

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Madagascar vs other spots: cost of living compared

Cost of Living Comparison Between Madagascar and Bansko

BGN, USD, EUR to MGA – Malagasy Ariary Converter

City Median Internet Speeds Comparison (Updated April 2026)

Madagascar

Bansko

Madagascar

Bansko

Madagascar vs other spots: cost of living compared

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