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
Cameroon inflation averages 3.1% in year to January 2026 Food prices up 6.6%, but fall 1.9% in January IMF sees inflation easing to 2.9% in...
Study finds nearly 80% of respondents in both markets already hold stablecoins Users cite faster, cheaper payments as digital dollars gain traction...
Kenya raised $2.25B via dual-tranche Eurobonds to buy back 2028/2032 debt, luring investors with yields of 8.1% and 8.95% to smooth...
Standard Chartered Zambia raised its capital to 520 million kwachas (about $27.5 million) through a bonus share issue, without raising new...
Most Read
01

ECOWAS central bank governors reaffirm a 2027 target for launching the Eco. Nigeria signals...

ECOWAS Eco Currency May Launch Without WAEMU in 2027 Push
02

South Africa led with 35% of total deal value, ahead of Kenya and Egypt Inbound deal value ro...

Three Countries Drove 70% of Africa’s M&A Deal Value in 2025
03

Safran invests €280m to build one of the world's largest landing gear plants in Morocco, crea...

Morocco: Safran Announces $305 Million Investment to Build One of the World's Largest Landing Gear Plants
04

This week in Africa, Africa CDC is stepping up its drive for health sovereignty, building new partne...

Weekly Health Update | Africa CDC Advances Health Sovereignty Efforts
05

South Africa will remove transmission control from Eskom and create a separate public grid operato...

South Africa accelerates Eskom reform to ease crisis and attract capital
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

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


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.