Public Management

Africa’s most expensive cities in 2017: Nairobi, Johannesburg and Lagos are in the Top 10

Tuesday, 18 April 2017 16:54

Nairobi is the most expensive city in Africa. This is revealed in the 2017 report on life cost from The Economic Intelligence Unit (EIU), subsidiary of renowned British newspapers.

Worldwide, Kenya comes 75th in this index which compares each year prices for 160 goods and services across the globe.

Coming second in Africa with Abidjan is Cairo. They are both 99th worldwide. These are followed by Casablanca (107th worldwide), Dakar (108th), Johannesburg (116th), Lusaka (122nd), Pretoria (123rd), Algiers (127th) and Lagos (132nd).

For the fourth consecutive year, Singapore is the most expensive city in the world, ahead of Hong Kong, Zurich, Tokyo, Osaka, Seoul, Geneva, Paris, New York and Copenhagen.

Asia thus has five of the six most expensive cities worldwide. London moved from the sixth to the 24th position due to the pound’s depreciation subsequent to the Brexit referendum.

EIU’s index is most useful for human resource managers in order to determine salaries to be paid to personnel abroad.

Africa’s 10 most expensive cities:

1-Nairobi (75th worldwide)

2-Cairo (99th)

3-Abidjan (99th)

4-Casablanca (107th)

5-Dakar (108th)

6-Johannesburg (116th)

7-Lusaka (122nd)

8- Pretoria (123rd)

9- Algiers (127th)

10- Lagos (132nd)

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
• Bassirou Diomaye Faye denounces credit rating agencies’ methodologies as ill-suited to African contexts.• Senegal urges reforms to enable fairer...
(AfDB)-The Board of Directors of the African Development Bank Group has approved a $474.6 million loan for South Africa's Infrastructure Governance...
New card enables African payments without using US or European networks Aims to lower costs, protect financial data, and boost intra-African...
• Burkina Faso-based financial group, Vista Group Holding, has acquired a majority stake in Société Générale Burkina Faso (SGBF).•The move is part of...
Most Read
01

• Maritime sector faces renewed risks amid military tensions in the Middle East• Blockade fears at S...

Israel-Iran conflict raises new threats for global shipping and oil trade
02

Lebara Group is now bringing its affordable and reliable mobile services to Africa, starting with Ni...

Telecoms: Lebara Enters Nigerian Market with Strong Competitive Ambitions
03

• Google unveils Veo 3, its latest AI tool for ultra-realistic video generation• Experts warn deepfa...

Deepfake Threat Becomes Alarming in Africa as AI Advances Faster Than Laws
04

In a West African financial landscape marked by tighter regulation of the fintech sector, digital fi...

In Five Years, Francophone Africa Will be A Major Force in African Tech –Régis Bamba
05

• Gates Foundation commits $1.6 billion over five years to Gavi.• Bill Gates warns of rising ch...

Gates Foundation Pledges $1.6 Billion to Gavi to Boost Global Child Vaccination
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

Benjamin FLAUX
bf@agenceecofin.com 
Téls: +41 22 301 96 11 
Mob: +41 78 699 13 72
Média kit : Download

EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.