Luanda: Most Expensive African City for Expats in 2016

Luanda, the capital of Angola is the most expensive city in Africa for expatriates in 2016, according to a survey released on December 14 by ECA International. Worldwide, Angola’s capital moved from the fifth position in this ranking last year to the second this year.

In Africa, Luanda is followed by Kinshasa, capital city of the Democratic Republic of Congo, which is 10th worldwide. Next comes Khartoum (Sudan’s capital), which moved from the 53rd position worldwide in 2015 to 21st in 2016, as inflation in the country soared and due to the Sudanese pound being pegged to the dollar.

Libreville comes 4th in Africa in the ranking which lists 450 cities worldwide, ahead of Pointe Noire, Brazzaville, Conakry, Abidjan and Yaoundé. N’Djamena is the tenth African most expensive city. (See down for Top 20).

ECA’s cost of living survey is based on a set of basic consumption goods and services such as food, household items, costs of leisure, clothing, restaurants, alcohol and tobacco. Calculations are made in U.S dollars. Rent, public services, car purchase and school fees are excluded as they are usually covered by separate allocations.

Worldwide, Tokyo is the most expensive city for expats, ahead of Luanda, Zurich, Geneva, Yokohama, Basel, Nagoya, Bern, Osaka and Kinshasa.

Top 20 of most expensive African cities in 2016:

1- Luanda
2- Kinshasa
3- Khartoum
4- Libreville
5- Pointe Noire
6- Brazzaville
7- Conakry
8- Abidjan
9- Yaoundé
10- N’Djamena
11- Malabo
12- Freetown
13- Accra
14- Dakar
15- Harare
16- Bamako
17- Cotonou
18- Ouagadougou
19- Addis-Ababa
20- Nairobi

spot_img
spot_img
spot_img
spot_img
spot_img

Hot this week

P+ Measurement Services Rebrands at 11, Unveils Proprietary AI-Driven Reputation Audit Technology

P+ Measurement Services, which pioneered independent reputation intelligence and...

P+ Measurement Services Rebrands at 11, Unveils Proprietary AI-Driven Reputation Audit Technology

P+ Measurement Services, which pioneered independent reputation intelligence and...

‘Insurance Sector Has Biggest Untapped Opportunities in Nigeria’s Economy’

  Ayodele Akinwunmi Chief Economist, United Capital Plc Investment expert and Chief...

Lagos State Secures Top Spot in 2026 State of States Fiscal Performance Ranking

BudgIT, Nigeria's leading civic-tech organisation promoting fiscal transparency, accountability...

Insurance Industry Set for 2026 Almond Awards November 6 in Lagos

There is so much excitement in the insurance industry...

Topics

FG Seeks Support of Governors on Broadband Development

L - R: Prof. Adeolu Akande, Board Chairman, Nigerian...

Zenith Bank Earnings FY 2018: Lower Income, Improved Efficiency

Lower Income but Improved Efficiency Zenith Bank Plc recently released...

Fidelity Splashes Millions of Naira on Youth Corps Members with GAIM 6

L – R: Branch Leader, Fidelity Bank Plc, Nanka...

Why 2023 Population Census Must Be Postponed  

By Michael Owhoko, Ph.D Without prejudice to extent of preparations,...

NAICOM Orders African Alliance Insurance to Fulfill Obligations or Face Regulatory Action

The National Insurance Commission (NAICOM) has ordered African Alliance...

Bearish Sentiment Persist on Declines in Market Bellwethers… NSE ASI down 0.6%

The bearish sentiment persisted in the local bourse yesterday...

Equities Market Extends Losses to Second Consecutive Session…NSE ASI Down 87bps

In line with the equities market correction currently being...

APC National Chairman, Nentawe Yilwatda: Plateau State Must Never Bleed Again

Professor Nentawe Yilwatda, National Chairman of the All Progressives...
spot_img

Related Articles

Popular Categories

spot_imgspot_img