Addis Ababa the second most expensive city in Africa

Date:

Share post:

A report released by Statista in 2022, showed that Kampala is the most expensive city to live in in the East African region.

Dakar city in Senegal ranked as the most expensive in Africa owing to the high prices of consumer goods as of 2022.

Here is a list of 15 most expensive cities in Africa.

  1. Dakar, Senegal:  50.87 cost of living index score.
  2. Addis Ababa, Ethiopia: 50.49 cost of living index score.
  3. Abidjan, Ivory Coast: 47.06  cost of living index score.
  4. Harare, Zimbabwe: 45.69  cost of living index score.
  5. Johannesburg, South Africa: 44.87  cost of living index score.
  6. Pretoria, South Africa: 42.76  cost of living index score.
  7. Gaborone, Botswana: 42.7 cost of living index score.
  8. Cape Town, South Africa: 40.98  cost of living index score.
  9. Durban, South Africa: 40.33 cost of living index score.
  10. Marrakech, Morocco: 39.94 cost of living index score.
  11. Accra, Ghana: 38.74 cost of living index score.
  12. Lagos, Nigeria: 37.33 cost of living index score.
  13. Tangier, Morocco: 36.85  cost of living index score.
  14. Casablanca, Morocco: 36.59 cost of living index score.
  15. Kampala, Uganda: 5.98  cost of living index score.

In May 2022, data from the Kenya National Bureau of Statistics (KNBS) showed that consumer prices in Kenya have registered their biggest jump in more than two years since February 2020.

The data showed that in May, inflation hit a high of 7.1 per cent from 6.47 per cent in April.

In most countries, the rising cost of living has been linked to the ongoing war between Ukraine and Russia. 

Addis Insight
Addis Insighthttps://addisinsight.net/
Addis Insight is Ethiopia’s fastest growing digital news platform, providing consumers with the latest news from Ethiopia and its diaspora. We provide marketers with innovative opportunities to leverage our stories and overall brand with a fiercely curious and highly engaged audience.
spot_img

Related articles

Ethiopia’s Government Bans Two Prominent Human Rights Organizations

The Civil Society Organizations Authority (ACSO) confirmed on Wednesday that it has banned two organizations known for their...

ADvTECH Expands into Ethiopia with $7.5 Million Acquisition of Flipper International School

In a significant move to expand its presence across Africa, JSE-listed private education provider ADvTECH Group has announced...

Safaricom Confirms No Coverage for Western Parts of Ethiopia in Next Phase of Expansion

During a visit by the House of People’s Representatives to its headquarters, Safaricom Ethiopia announced its next phase...

Commercial Bank of Ethiopia Moves to Establish an Investment Bank

The Commercial Bank of Ethiopia (CBE) is in the process of establishing an investment bank, a move aligned...