Top Ten African cities with the lowest cost of living 2023, A city’s economy may be significantly impacted by having a low cost of living. It can draw in companies, promote job creation, and enhance the standard of living for locals.
A low cost of living can also enhance people’ quality of life. People’s mental and physical health can improve when they can afford to live comfortably because they are less worried about their financial situation.
Therefore, while making choices concerning economic development, city planners must weigh the benefits and drawbacks of a low cost of living. In the end, a city with cheap housing options may be a fantastic place to work, live, and conduct business.
In order to determine the cities with the lowest cost of living, Numbeo, one of the most advanced data and research platforms in the world, has devised a technique. Knowing which places throughout the world have a low cost of living is essential.
This article lists the 10 African cities with the lowest cost of living. The following factors have an impact on the final index that Numbeo produces: the rent index, grocery index, restaurant index, Cost of Living Plus Rent Index, an estimation of consumer goods prices including rent, and local purchasing power are all included in the Cost of Living Index (Excluding Rent), which is a relative indicator of consumer goods prices, including groceries, restaurants, transportation, and utilities.
Data is collected by Numbeo using user inputs and manually obtained information from reliable sources (such as websites for grocery stores, taxi services, government websites, newspapers, other surveys, etc.). Manually collected data from reliable sources are entered twice a year. A more complete explanation of the procedure may be found on the Numbeo website.
The following list of the ten African cities with the lowest cost of living was compiled from Numbeo’s original list of 571 cities;
Rank | City | Country | Cost of living index | Local purchasing index | Global rank |
---|---|---|---|---|---|
1. | Alexandria | Egypt | 19.1 | 22.7 | 543 |
2. | Giza | Egypt | 20.4 | 22.7 | 541 |
3. | Cairo | Egypt | 23.3 | 35.6 | 527 |
4. | Sousse | Tunisia | 27.0 | 35.6 | 511 |
5. | Tripoli | Libya | 27.7 | 27.7 | 510 |
6. | Oran | Algeria | 29.5 | 22.8 | 502 |
7. | Accra | Ghana | 29.8 | 12.9 | 499 |
8. | Kigali | Rwanda | 30.6 | 28.3 | 496 |
9. | Agadir | Morocco | 30.9 | 29.6 | 495 |
10. | Tunis | Tunisia | 31.3 | 23.4 | 491 |