East Legon is renowned as one of Accra’s most prestigious neighbourhoods, boasting a unique blend of upscale living, vibrant culture, and modern conveniences. Whether you’re considering relocating, investing, or simply curious about life in this elite locale, understanding the cost of living is essential. In this guide, we break down the expenses—from housing and utilities to dining and transportation—to help you plan your budget and make informed decisions.
Overview of East Legon
East Legon has become a sought-after destination in Accra, attracting professionals, families, and investors alike. Known for its high-end residential developments, trendy eateries, boutique shopping, and accessible transportation, East Legon offers a quality of life that justifies its premium reputation. A secure environment, modern infrastructure, and a thriving social scene further enhance the neighbourhood’s appeal.
At the heart of this upscale living experience is developments like The Equator, a new property venture that exemplifies modern luxury. While primarily focused on offering sophisticated residential options, such projects also contribute to the overall dynamism and allure of East Legon.
Property Cost In East Legon
Renting In East Legon
East Legon’s rental market caters to a variety of preferences, from contemporary apartments to spacious villas. Premium one- to three-bedroom apartments are standard, and rental prices reflect the area’s upscale character. For instance, upscale properties can command monthly rents higher than other parts of Accra.
One-bedroom apartments
You should have a monthly budget of GHC 1,500/month to GHC 24,000/month, depending on the type of apartment you are looking to rent. There are furnished and unfurnished one-bedroom apartments in East Legon, available at various prices. Based on factors such as luxury, security, amenities, and more, prices vary.
Two-bedroom apartments
You should have a monthly budget of GHC 3,000/month to GHC 40,000/month. Depending on the type of apartment you are looking to rent. There are furnished and unfurnished two-bedroom apartments in East Legon, available at various prices. Based on factors such as luxury, security, amenities, and more, prices vary.
Three-bedroom apartments
You should have a monthly budget of GHC 5,000/month to GHC 57,000/month. Depending on the type of apartment you are looking to rent. There are furnished and unfurnished two-bedroom apartments in East Legon, available at various prices. Based on factors such as luxury, security, amenities, and more, prices vary.
Townhouses
Townhouses in East Legon will cost you around GHC 15,000 per month to upwards of GHC 40,000 per month. These luxury rentals don’t come cheap, so you’ll need to be prepared to dig into your pocket.
Standalone Houses
Rent for a whole house can range from 8,000 to 70,000 GHC per month, depending on size and location. Based on your budget, you should be able to find a property that meets your needs.
Buying Property In East Legon
For those considering buying houses or apartments in East Legon, you should budget around GHC 2,000,000 to upwards of GHC 10,000,000. East Legon is one of the premier neighbourhoods in Accra, and buying property will take a chunk out of your pockets.
- Price per Square Meter: Generally ranges between 7,000 and 12,000 GHC.
- Investment Outlook: Properties in East Legon tend to hold their value well and can be a good long-term investment given the area’s sustained demand and premium status. Property values in East Legon have shown resilience and steady growth over time, making it an attractive option for long-term capital appreciation.
Comparative Analysis
Compared to other areas in Accra, East Legon tends to be on the higher end, owing to its reputation and amenities. Although prices vary, many prospective tenants find that the investment is balanced by the quality of life, access to elite services, and overall safety.
Utilities and Daily Expenses
Residents in East Legon enjoy reliable and high-quality services, though they come at a premium. Monthly utility expenses are generally higher in upscale neighbourhoods than in less affluent areas. This is partly due to the demand for uninterrupted services in these areas, where high-speed internet and a reliable power supply are essential.
Grocery & Household Items
While local markets offer traditional Ghanaian produce at competitive prices, upscale supermarkets and speciality stores prevalent in East Legon may charge a bit more for convenience and imported goods.
Transportation Costs
Public Transport
East Legon is well-connected, with an efficient public transport system that includes buses, shared taxis, and ride-hailing services. While fares are reasonable, frequent commuters may find that costs add up over time.
Private Transportation
Many residents prefer private vehicles due to their convenience and flexibility. However, owning a car in East Legon means budgeting for fuel, regular maintenance, and occasional parking fees at upscale residences.
Accessibility
The strategic location of East Legon ensures that even if transportation costs are somewhat higher, residents benefit from reduced commuting times and easy access to the city’s key areas, including business districts, international schools, and entertainment hubs.
Dining, Entertainment, and Lifestyle Expenses
Dining Out In Restaurants & Cafés
East Legon is a hotspot featuring an eclectic mix of local and international cuisines. Dining in high-end restaurants or trendy cafés comes with a premium price tag, but many establishments offer a unique culinary experience that is well worth the cost. You should budget an average of GHC 800 to GHC 2,500 per person, depending on where you eat out.
Street Food & Casual Dining
For those seeking more affordable options, the area also offers street food vendors and casual dining spots where local flavours can be enjoyed without stretching the budget too far. For casual outings with friends, you can budget around GHC 300 to GHC 1,000 per person. With this budget, you can visit local ice cream spots, grab a burger and have some drinks with your buddies.
Leisure & Entertainment
The neighbourhood’s vibrant nightlife, with a variety of bars, lounges, and clubs, caters to those looking to unwind in style. Entertainment expenses can vary widely, from budget-friendly happy hours to exclusive club experiences. In addition to dining and nightlife, East Legon is home to art galleries, live music venues, and community events that enrich the social fabric, offering a diverse range of leisure options.
You can learn more about various spots where you can hang out in East Legon in our guide to living in East Legon blog.
Education and Healthcare
Schooling Costs
East Legon is home to some of Accra’s most reputable educational institutions. Tuition fees for international and private schools in the area tend to be higher, reflecting the quality of education and facilities provided.
Healthcare Services
Residents benefit from top-tier healthcare services, including modern clinics and hospitals. While healthcare in East Legon is expensive compared to other regions, the emphasis on quality and prompt service makes the cost justifiable.
Conclusion
East Legon stands as a beacon of modern, upscale living in Accra. Despite the higher cost of living, the benefits—from secure, luxurious housing and premium amenities to a dynamic social scene and excellent services—make it a worthwhile investment for both residents and investors. By understanding the various facets of living expenses in this elite neighbourhood, you can better prepare your budget and enjoy the vibrant lifestyle East Legon offers.
If you’re considering making East Legon your home or investing in a property like The Equator, explore more on our website or contact us to learn how you can embrace the best of upscale living in Accra.
