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City Description: Cape Town is the provincial capital and primate city of the Western Cape, as well as the legislative capital of South Africa, where the National Parliament and many government offices are situated.Economy: Cape Town is the economic centre of the Western Cape Province, South Africa's second main economic centre and even Africa's third main economic hub city. It serves as the regional manufacturing centre in the Western Cape. It also has the primary harbour and airport in the province.Major Languages: 11 official languages including English, Afrikaans, Sesotho, Setswana, Xhosa and Zulu.Major Religions: Christianity, Islam, indigenous beliefs.Population: 3.5 Mil (2013 est.).Currency: South African Rand (ZAR)Inflation: 6.4% (2013 est.).
The cost of living in Cape Town is low in comparison to other places in the world. This is based on a comparison of locally collected prices for goods and services applicable to expatriates, converted to USD. The goods and services have been grouped together into categories (baskets) and the cost calculated for each basket in each location. Futhermore, these baskets have been weighted based on extensive research of white collar expatriate spending habits. As a result the cost of living comparisons are applicable to internationally mobile senior staff such as specialists, professionals, managers and executives. In Cape Town, of the 13 cost of living baskets, the cost of education is very low, healthcare low, restaurants average, communication high, and no basket very high in comparison to other international locations. Hardship Hardship refers to the degree of hardship an expatriate and their family are likely to experience in the host location. Hardship pay is compensation to encourage people to move, in particular to less desirable locations. In determining the amount of hardship premium payable, factors such as economic, political, religious, infrastructure, environment/climate, personal safety, health, education, and transportation factors are considered. Cape Town is ranked as a some hardship location.ReferenceThe information on this page is updated quarterly using data collected over the previous 12 months. Premium data such as the cost of living indexes for all 13 baskets for each location, hardship premiums and salary comparisons are only available using the calculators.Published by Xpatulator.com on 15 January 2014.Are you moving / considering a move to Cape Town? Would you like to know if your salary offer is higher or lower than what you earn now? Calculate how much you need to earn in Cape Town to have a similar spending power to what you have now. Register, Purchase and Run the Salary Purchasing Power Parity Calculator.