10 African cities with the highest cost of living in Q1 2024.

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In Africa, where there are 54 countries each with its own set of challenges, one big issue that affects many of its population is the rising cost of living.

  • Business Insider Africa presents 10 African cities with the highest cost of living in Q1 2024.
  • Basic commodities, such as food and utilities, have witnessed price hikes.
  • The list is courtesy of Numbeo.

Several factors including inflation, currency depreciation, global market fluctuations, political instability, and climate change plays huge roles in driving up prices and economic challenges in Africa.

On the continent, the high cost of living hits families hard, and it often becomes difficult for them to cover essentials like food, housing, healthcare, and education, leaving little for saving or extra spending.

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If not properly managed, this financial strain even leads to more debt, lower living standards, and fewer chances to move up in society.

DON’T MISS THIS: 10 African cities with the highest cost of living

Moreover, the high cost of living also increases income inequality, widening the gap between the affluent and the marginalized, especially in the cities.

Well-off families can usually handle the high prices of goods, but for low-income households, it is a real struggle.

This gap only serves to sustain social and economic inequality, making it harder to achieve inclusive growth and development across the continent.

DON’T MISS THIS: 10 African countries with the highest cost of living in 2024

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An index by Numbeo, one of the world’s foremost data and research platforms, has revealed the cost of living in various African cities.

The index utilizes variables such as the rent index, grocery index, restaurant index, cost of living plus rent index, and local purchasing power.

Methodology

To collect data, Numbeo relies on user inputs and manually collected data from authoritative sources (websites of supermarkets, taxi company websites, governmental institutions, newspaper articles, other surveys, etc.). A more comprehensive breakdown of the methodology is available on Numbeo’s website.

Below are 10 African cities with the highest cost of living in Q1 2024

RankCityCost of living indexLocal purchasing power index
1Addis Ababa, Ethiopia48.210.0
2Dakar, Senegal44.314.6
3Harare, Zimbabwe39.826.9
4Johannesburg, South Africa35.7101.6
5Port Elizabeth, South Africa35.656.5
6Cape Town, South Africa34.096.6
7Pretoria, South Africa33.4107.4
8Rabat, Morocco32.735.4
9Casablanca, Morocco32.634.1
10Durban, South Africa31.779.4
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