• Thursday, December 26, 2024
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Top 5 cities in Africa with the lowest cost of living in mid-2024

5 cities in Africa with the lowest cost of living in mid-2024

Various African cities stand out for their affordability, making them attractive for both residents and expatriates seeking a high quality of life without high expenses.

These cities provide a unique blend of cultural richness, historical significance, and modern amenities at a fraction of the cost compared to many other urban centres globally.

Whether you’re planning to move for economic opportunities, personal enrichment, or a comfortable and affordable lifestyle, these cities offer compelling reasons to consider them as your next home.

Read also: Five most expensive cities in Africa for living mid-year 2024

According to Numbeo, the Cost of Living Index compares consumer goods prices (excluding rent) relative to New York City, with an index of 100% for NYC.

For example, a city with a Cost of Living Index of 120 is approximately 20% more expensive than New York City for groceries, restaurants, transportation, and utilities, excluding housing costs.

Here are the top five least expensive cities based on their Cost of Living Index.

1. Cairo, Egypt – Cost of Living Index: 21.9

Cairo, Egypt’s capital, is the most affordable city in Africa. Despite its size and historical significance, the cost of living is low due to inexpensive housing, food, and transportation.

The city’s local markets and efficient public transport system contribute to its affordability, allowing residents to enjoy a rich cultural experience without high expenses.

2. Algiers, Algeria – Cost of Living Index: 29.8

Algiers, the capital of Algeria, offers affordable living with its Mediterranean charm. Low housing and food prices, along with inexpensive public transportation, make it an attractive option.

The city’s historical sites and local festivals add to the quality of life at minimal costs.

Read also: Top 10 cities with the most expensive cost of living mid-year 2024

3. Tunis, Tunisia – Cost of Living Index: 29.8

Tunis, Tunisia’s capital, shares the same affordability as Algiers. Known for its ancient medina and coastal views, Tunis provides affordable housing and food, with efficient public transport.

The city’s healthcare and education systems are also reasonably priced, making it a great choice for families.

4. Nairobi, Kenya – Cost of Living Index: 31.7

Nairobi, the capital of Kenya, blends natural beauty with urban convenience at a low cost. Affordable housing and food, along with economical public transportation, make it a desirable place to live.

Nairobi’s parks, museums, and entertainment options are accessible without high costs.

5. Accra, Ghana – Cost of Living Index: 32.1

Accra, Ghana’s capital, is known for its lively atmosphere and affordability. Reasonably priced housing, local markets with fresh produce, and economical public transportation make it an attractive destination.

Accra’s beaches, cultural sites, and vibrant nightlife add to its appeal without significantly increasing living expenses.

Chisom Michael is a data analyst (audience engagement) and writer at BusinessDay, with diverse experience in the media industry. He holds a BSc in Industrial Physics from Imo State University and an MEng in Computer Science and Technology from Liaoning Univerisity of Technology China. He specialises in listicle writing, profiles and leveraging his skills in audience engagement analysis and data-driven insights to create compelling content that resonates with readers.

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