2024 Reference Value Update Report: Living Wage Report for Urban Madagascar

Abstract

The Anker Living Wage Reference Value for 2024 for urban Madagascar is MGA 653,246 per month (USD 148) with a 95% confidence interval around it from MGA 591,335 to MGA 721,620. This is the wage required for urban workers to be able to afford a basic but decent living standard in a typical urban area of Madagascar in 2024. The Reference Value comprises a net living wage (i.e., take-home pay) of MGA 544,154 per month (USD 123) plus MGA 109,092 per month (USD 25) in taxes and social security which would be payable on the living wage.

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