For many citizens, the rising expense of living in large African cities poses a significant problem. For example, housing costs have soared due to a significant supply gap. As a result of many people's inability to pay for housing, slums, and informal settlements have proliferated.
Additionally, low-income families are forced to live in cramped, subpar circumstances as the cost of rent in prime locations might be exorbitant. Furthermore, the price of essentials including food, transportation, and medical care has increased. The high cost of commodities is a result of inflation and the dependence on imports, which makes it challenging for the typical person to satisfy their necessities.
Meanwhile, limited work prospects and stagnating earnings, particularly in the formal sector, aggravate this scenario, creating a growing income disparity, even in the last year. According to the “African cities that placed highest in the global Cost of Living City Ranking are Bangui (14, up 12 places), Djibouti (18) and N'Djamena (21). The least expensive cities in the region include Blantyre (221), Lagos (225, down 178 places) and Abuja (226).
” With that said, here are the African countries with the highest cost of living. Bangui, the Central African Republic's capital and largest city, has been urbanizing rapidly, resulting in substantial economic and social changes. While the city serves as the country's political and economic core, growing living costs pose significant obstacles to its.
