All posts about Cost of life

The cost of living is said to be low in Morocco. That is why many pensioners are moving there, to enjoy a quality of life they could no longer afford in France. 

In fact, this statement needs to be qualified. 

First of all, the cost of living depends on where you live.

In large cities, in particular Casablanca and Marrakesh, the cost of living is high, Rents for a decent flat easily exceed 5,000 dirhams a month. Fruit and vegetable prices are also higher. And of course, the private school fees… 

Some things are more expensive, others less so

Internet access, for example, is expensive. Between 350 and 450 dirhams a month for an unlimited fibre connection… But the cost of utilities (water and electricity) is a pittance compared to what we pay in Europe: I spend an average of 270 dirhams a month on them. 

Generally speaking, imported goods are more expensive than

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in Europe. Alternatively, in the tech sector, they tend to be products that are one or two generations behind. 

Above all, the cost of living has risen sharply since 2022

Whilst the country weathered the Covid crisis without a significant spike in inflation – +0.7 per cent – the years 2022 and 2023 saw inflation rates of 6.7 per cent and 6.1 per cent respectively, due to the drought and the crisis in Ukraine. The economy is currently on the brink of deflation, but prices have not fallen back to their 2019–2020 levels. And the crisis in the Middle East, just like the drought, is fuelling fears of a further rise. 

So yes, the cost of living is considerably lower than in Europe. But the minimum wage is 320 euros a month, and prices are rising, particularly for food. Morocco is no longer the El Dorado it once was, where it was easy to live very well on a modest income. 

The price of sheeps is soaring, much faster than inflation, despite animals being imported to "ease tensions". Because Moroccans don't want foreign sheep, they want Sardis with beautiful horns!