Cost of Living - Africa July 2013

The most expensive countries in Africa are: Angola; Nigeria; Mozambique; Democratic Republic of Congo; and Ghana. The most expensive cities to live in are: Luanda (Second most expensive in the world); Abuja; Lagos; Kano; and Ibadan. The cheapest city for expatriates to live in is Tunis in Tunisia (15th cheapest in the world).

The biggest mover down the rankings is Gaborone in Botswana, which has dropped from 543th in April to become the 667th most expensive location in the world. The biggest mover up the rankings is Monrovia in Liberia. Monrovia has risen from 245th in April to become the 126th most expensive location in the world.

Xpatulator’s Cost of Living rankings are released every quarter and measure the comparative cost of living for expatriate professionals in 780 cities, covering every country worldwide. The cost of 13 basket groups with over 140 items are compared in each location, these include alcohol and tobacco, clothing, communication, education, furniture and appliances, groceries, healthcare, housing, personal care, recreation and culture, restaurants-meals-out and hotels, and transport.

To provide an assignee, sent from a low cost of living country to a more expensive country, with a similar purchasing power to what they have in their home country, requires an adjustment to their assignment salary. The amount of adjustment depends on which country they come from. The larger the difference in cost of living, the larger the adjustment required to ensure a similar level of purchasing power in the host country.

The below ranking shows the overall Cost of Living Rankings in Africa by city:

The below ranking shows the Cost of Living Rankings in Africa by city excluding housing, education, healthcare and transport basket groups:

Reference
The cost of living ranking information contained in this article is updated quarterly using data collected by Xpatulator.com over the past 12 months. The international cost of living indexes, on which the rankings are based, is only available using Xpatulator.com's online expatriate calculators that enable users to create personalized cost of living comparison reports which include:

Published by Xpatulator.com on 1 July 2013.

To link to this article: http://www.xpatulator.com/cost-of-living-article/Cost-of-Living-Africa-July-2013_460.cfm

This article may be freely copied as long as reference is made to http://www.xpatulator.com/