Cost of Living in Mauritius

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Hello Displorers, welcome to another informative video presented to you by Displore and thanks for watching. The housing, transportation, education and health cost of any country is a great indication of the cost of living of any country. The cost of living in the Mauritius Island is the reflection of the quality of life shown in how much is spent on housing, transport, education and health. That is why in this video, we shall examine the cost of housing, transportation, education and health in Mauritius to determine cost of living in the country. But first we need to understand what cost of living really is.
The cost of living is the amount of money needed to cover basic expenses such as housing, food, taxes, and healthcare in a certain place and time period. The cost of living is often used to compare how expensive it is to live in one city versus another. The cost of living is tied to wages because if expenses are higher in a city, such as New York, for example, salary levels must be higher so that people can afford to live in that city. The cost of living can be a significant factor in personal wealth accumulation because a salary can provide a higher standard of living in a country where daily expenses such as rent, food and entertainment are less. In contrast, a high salary can seem insufficient in an expensive country.

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Over View of Mauritius
Mauritius Island is an incredible island destination renowned for its staggering natural beauty and phenomenal climate and boasts a developing economy described by the World Bank as an upper middle-income economy, yet taxes are still low and it’s seen as being far more affordable than in many European and Western countries. Considered one of the top luxury destinations in the world, the cost of living in Mauritius is slightly higher than in some African and Asian nations. For example, the cost of living in Port Louis is exponentially more than in some parts of South Africa, India and Thailand but it’s still more reasonable than major cities such as Paris, London,São Paulo and New York.
Food bought at supermarkets can account for up to 35% of an expats monthly budget making it one of the more expensive costs but local products such as seasonal fruit and vegetables as well as Mauritian made products such as teaare quite reasonable and are best bought at local markets where they are cheaper. International supermarkets that stock imported products have similar prices to those found in Europe which is why to reduce your cost of living, you should frequent the local markets.To get a full perspective of the cost of living in Mauritius, we need to know the salary ranges in the country given that the cost of living is a reflection of the wages of the citizens.

Salaries in Mauritius Island
The total average salary including bonuses for people working in Mauritius is typically from $2900which is minimum salary to $5,184which is highest average, but actual maximum salary is higher.Salaries vary drastically among different job categories. The median salary is $1,092 per month, which means that half of the population are earning less than $1,092 while the other half are earning more than $1,092. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary to live a comfortable life in Mauritius. Salaries change based on education, and varies drastically from one location to another and depends hugely on the career field as well. Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level. Employees who earned a Bachelor's Degree earn 24% more than those who only managed to attain a certificate or diploma. Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree. Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job in Mauritius Island.

Cost of Accommodation in Mauritius
While still cheaper than in cities such as London housing in Mauritius costs around 54% less than in London the cost of living in Mauritius when it comes to rent is quite high, especially in the heart of Port Louis. Port Louis is the economic centre of Mauritius and is thus where a huge portion of the population lives. Rentals tend to be cheaper outside the city centre but you can pay anything from $335.71 to $694.53 for a one- to three-bedroom apartment in Port Louis, not including utilities.The cost of utilities in Mauritius can greatly increase the cost of accommodations. Utilities such as heating, electricity, gas for 1 person in 45m2 studio can cost up to $20 a month.