| Variable | Expected Sign | Mean | Min | Max |
| Monthly Income of respondents (cedis) | + | 1001.1 | 100 | 6000 |
| Current cost of water (cedis) | + | 41.14 | 8.8 | 130 |
| Time spent in fetching water from current source (minutes) | + | 38.7 | 2 | 180 |
| Household size | +/− | 5.2 | 1 | 16 |
| Respondent’s Years of stay in the Area (years) | + | 8.8 | 0.25 | 50 |
| Initial Bid (cedis) | +/− | 0.1 | 0.08 | 0.12 |
| Sex of respondent (1 = Male, 0 = Female) | +/− | 0.514 | 0 | 1 |
| Education level of respondent (No education = 0; 1 = Basic, 2 = Secondary, 3 = Tertiary) | + | 1.9 | 0 | 3 |
| Perceived quality of current water supplied (1 = Good quality, 0 = Poor quality) | − | 0.22 | 0 | 1 |
| Reliability of existing water supply source (1 = Unreliable, 0 = Reliable) | + | 0.3 | 0 | 1 |
| Sanitation facility of respondent (1 = Flush toilet, 0 = Otherwise) | + | 0.4 | 0 | 1 |
| Marital status of respondent (1 = Married, 0 = Otherwise) | + | 0.689 | 0 | 1 |