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
Flutterwave acquired Nigerian open banking startup Mono in an all-share deal valued between $25 million and $40 million. The acquisition...
African billionaires increased their combined net worth by $21.9 billion in 2025. Nigerian businessman Abdul Samad Rabiu posted the largest...
Kenya Pipeline Company will list on the Nairobi Securities Exchange by the end of January 2026. The IPO targets local and foreign investors as part of...
The Bank of Ghana plans to sell up to $1 billion on the FX market in January 2026. The central bank aims to limit exchange-rate volatility...
Most Read
01

The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...

AES Launches Confederal Investment Bank: A Strategic Pivot Toward Sahelian Financial Sovereignty
02

Togo passes new law tightening anti-money laundering and terrorism financing rules Legislat...

Togo Overhauls Anti-Money Laundering Rules to Meet Global Standards
03

Nigeria confirms tax reform takes effect Jan. 1, 2026 despite opposition PDP alleges illegal inse...

Nigeria’s Tax Overhaul Set to Take Effect Amid Fury Over ‘Illegal’ Changes
04

Gabon names Thierry Minko economy and finance minister in Jan. 1 reshuffle Move follows tra...

Gabon Appoints Thierry Minko Economy Minister in Post-Transition Reshuffle
05

Creditinfo licensed to operate credit bureau across six CEMAC countries Bureau to collect b...

CEMAC Bloc Clears Way for Private Credit Bureau: New Implications for Regional Lending
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.