Cost of Living in Madagascar (2026)

COL Index: 24.2% of U.S. national average · Updated for 2026

Cost of Living Index

24.2%

vs U.S. average (100%)

Relative Cost

Very Low

Compared to U.S.

Currency

MGA

Salary Data

10 Jobs

Top 10 highest paying

Top 10 Jobs in Madagascar — COL-Adjusted Salaries

Rank	Job Title	Local Salary	COL-Adjusted (MGA)
1	Surgeons / Doctors	2,340,299–7,654,726 MGA/mo	9,668,750–31,631,600 MGA/mo
2	Judges	1,966,501–6,435,821 MGA/mo	8,126,300–26,594,750 MGA/mo
3	Lawyers	1,592,703–5,216,915 MGA/mo	6,579,300–21,557,900 MGA/mo
4	Bank Managers	1,500,066–4,908,126 MGA/mo	6,197,100–20,279,350 MGA/mo
5	Chief Executive Officers	1,405,804–4,599,337 MGA/mo	5,810,350–19,005,350 MGA/mo
6	Chief Financial Officers	1,311,542–4,290,547 MGA/mo	5,419,050–17,731,350 MGA/mo
7	Orthodontists	1,264,411–4,144,279 MGA/mo	5,223,400–17,126,200 MGA/mo
8	College Professors	1,124,643–3,672,968 MGA/mo	4,645,550–15,178,800 MGA/mo
9	Pilots	937,745–3,071,642 MGA/mo	3,876,600–12,694,500 MGA/mo
10	Marketing Directors	843,483–2,762,852 MGA/mo	3,485,300–11,415,950 MGA/mo

* COL-adjusted salary is shown in MGA, restated at the purchasing power implied by the cost of living index for Madagascar.

Salary vs. Cost of Living by Category in Madagascar

Category	Avg. Salary (Local)	COL-Adjusted (MGA)	Purchasing Power
AI & Machine Learning	2,252,537 MGA	9,309,300 MGA	+313%
Finance & Accounting	2,226,534 MGA	9,200,100 MGA	+313%
Business Administration	2,481,692 MGA	10,255,700 MGA	+313%
Advertising	1,886,216 MGA	7,794,150 MGA	+313%
Architecture	1,913,682 MGA	7,907,900 MGA	+313%
Automotive & Car Industry	1,845,098 MGA	7,625,800 MGA	+313%
Aviation	2,272,040 MGA	9,386,650 MGA	+313%
Banking	2,668,591 MGA	11,029,200 MGA	+313%
Construction	1,825,921 MGA	7,543,900 MGA	+313%
Counseling	1,818,770 MGA	7,516,600 MGA	+313%
Customer Service	1,462,524 MGA	6,042,400 MGA	+313%
Education & Teaching	1,909,944 MGA	7,894,250 MGA	+313%
Energy	2,075,390 MGA	8,576,750 MGA	+313%
Engineering	1,742,060 MGA	7,198,100 MGA	+313%
Manufacturing	1,990,879 MGA	8,226,400 MGA	+313%
Fitness & Sports	1,324,381 MGA	5,473,650 MGA	+313%
Hospitality	1,894,017 MGA	7,826,000 MGA	+313%
Healthcare	4,929,254 MGA	20,370,350 MGA	+313%
Human Resources	1,840,385 MGA	7,603,050 MGA	+313%
Import & Export	1,429,857 MGA	5,910,450 MGA	+313%
Insurance	2,070,514 MGA	8,554,000 MGA	+313%
Information Technology	1,875,489 MGA	7,748,650 MGA	+313%
Law & Legal Services	2,905,871 MGA	12,007,450 MGA	+313%
Marketing	2,041,260 MGA	8,435,700 MGA	+313%
Pharmaceutical & Biotechnology	2,629,585 MGA	10,865,400 MGA	+313%
Public Relations	1,709,718 MGA	7,066,150 MGA	+313%
Procurement	1,888,328 MGA	7,803,250 MGA	+313%
Quality Control	1,657,712 MGA	6,852,300 MGA	+313%
Real Estate	2,195,655 MGA	9,072,700 MGA	+313%
Sales	2,224,909 MGA	9,195,550 MGA	+313%
Telecommunications	1,654,786 MGA	6,838,650 MGA	+313%

Cost of Living in Madagascar — Overview

The cost of living in Madagascar is 24.2% of the U.S. national average. This makes Madagascar a more affordable destination compared to the United States. Your salary goes further here, especially for housing, food, and services.

Purchasing Power in Madagascar

A salary with the purchasing power of the U.S. national average works out at approximately 1,880,164,650 MGA in Madagascar for the same standard of living. This means your money goes further in Madagascar, making it an attractive destination for remote workers and expats.

Cost of Living Categories in Madagascar

Housing

Housing in countries with a cost index of 24.2% tends to be the largest expense, often consuming 30-40% of income. Rent, utilities, and property costs vary significantly between urban and rural areas.

Food

Groceries and dining out in countries at 24.2% COL can vary widely. Local markets offer lower prices while imported goods cost more. Cooking at home is generally more affordable.

Transportation

Public transit and fuel costs in a 24.2% COL country. Many countries have efficient public transportation systems that reduce the need for personal vehicles.

Healthcare

Healthcare costs and insurance in 24.2% COL countries. Some countries have universal healthcare systems that significantly reduce out-of-pocket expenses.

Education

Education and childcare costs vary greatly with COL index. Public education is often subsidized while international schools charge premium fees.

Utilities

Electricity, water, internet, and other essential services. Weather patterns affect utility usage and costs significantly.

Clothing

Apparel costs in 24.2% COL environments. Imported brands cost more while local clothing is generally affordable.

Entertainment

Leisure activities and entertainment expenses. Costs for cinema, dining, and recreational activities scale with the overall COL index.

Salary Overview — Top 10 Jobs

Monthly salary in MGA · singhyogendra.com.np

Surgeons / Doctors2,340,299 – 7,654,7264,997,513 MGA
Judges1,966,501 – 6,435,8214,201,161 MGA
Lawyers1,592,703 – 5,216,9153,404,809 MGA
Bank Managers1,500,066 – 4,908,1263,204,096 MGA
Chief Executive Officers1,405,804 – 4,599,3373,002,571 MGA
Chief Financial Officers1,311,542 – 4,290,5472,801,045 MGA
Orthodontists1,264,411 – 4,144,2792,704,345 MGA
College Professors1,124,643 – 3,672,9682,398,806 MGA
Pilots937,745 – 3,071,6422,004,694 MGA
Marketing Directors843,483 – 2,762,8521,803,168 MGA

singhyogendra.com.np

Top Paying Jobs in Madagascar

See the full list of highest paying careers and salaries in Madagascar.

Best Paying Jobs in Madagascar

Take-Home Pay in Madagascar

Estimate your after-tax salary and see how much you keep after deductions in Madagascar.

Take-Home Pay in Madagascar

Frequently Asked Questions

What is the cost of living in Madagascar?

The cost of living in Madagascar is 24.2% of the U.S. national average. This means it is less expensive than living in the average U.S. city.

How is the cost of living in Madagascar calculated?

The cost of living index is based on prices for housing, food, transportation, healthcare, and other goods and services compared to the U.S. national average of 100.

What salary do I need to live comfortably in Madagascar?

Salaries in Madagascar should be adjusted by the cost of living index to keep the same purchasing power. A salary equivalent to the U.S. national average corresponds to roughly 1,880,164,650 MGA in Madagascar.