Audio By Carbonatix
Accra is the 7th most expensive city to live in Africa, according to Numbeo, one of the world's foremost data and research platforms.
The capital city of Ghana had an index of 32 out of 100.
The Numbeo index utilised variables such as the rent index, grocery index, restaurant index, cost of living plus rent index, and local purchasing power.
With severe economic challenges, South Africa saw four cities ranked among the top 10 most expensive cities in Africa.
Johannesburg, Pretoria, and Cape Town were ranked 1st, 2nd and 3rd respectively.
Lagos which is the biggest city in Africa came 4th followed by Durban in South Africa (5th) and Casablanca, Morrocco (6th).
Currency fluctuations, inflation, subsidy removals on essential commodities like fuel, and increased taxes fuel the rising cost of living in many African cities.
Therefore, basic commodities like food and utilities have witnessed price hikes.
While some African cities have experienced notable economic growth, income inequality remains a persistent issue.
The gap between the rich and the poor is widening, making it difficult for a significant portion of the population to cope with the rising cost of living.
Latest Stories
-
The net economic effect of recent policy changes in Ghana (2024–2026)
53 minutes -
NPP Election Committee confers with Akufo-Addo as road to presidential primaries intensifies
2 hours -
Parkinson’s targeted for ‘Mahama Cares’ integration – Deputy Minister of Health
2 hours -
Dr Apaak meets stakeholders to resolve UG fee hike dispute
3 hours -
Ofori-Atta has applied to become a US permanent resident through his son – Martin Kpebu claims
3 hours -
Trump says US needs to ‘own’ Greenland to prevent Russia and China from taking it
3 hours -
Trump seeks $100bn for Venezuela oil, but Exxon boss says country ‘uninvestable’
4 hours -
Trump warns of more Nigeria strikes if Christians ‘continue to be killed’
5 hours -
AFCON 2025: Who are the top scorers?
5 hours -
AFCON 2025: Morocco roar past Cameroon to reach semis; Ndiaye strike sends Senegal into last four
6 hours -
Dumelo targets total road coverage for Ayawaso West Wuogon by 2028
6 hours -
Lambussie MP honours health workers, donates medical equipment
6 hours -
Franklin Cudjoe requests Parkinson’s inclusion in ‘Mahama Cares’ and NHIS amid shortage of specialists
7 hours -
NADMO launches nationwide market safety overhaul following Kasoa inferno
7 hours -
Ambassador Victor Smith holds talks with Chinese Ambassador on deepening bilateral cooperation
8 hours
