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
-
Asante Kotoko announce two Sudanese signings
24 mins -
NAPO must tone down in his communication – Ricketts-Hagan
33 mins -
NSMQ2024: How tie-breaker bought Pope John a lifeline to the grand finale
56 mins -
There’s growing despair and desperation in Ghana – Arthur Kennedy warns politicians
1 hour -
Photos: Mahama campaigns on the streets of La Dadekotopon
2 hours -
England beat Switzerland on penalties to reach Euro 2024 semis
2 hours -
Social protection must be a right – Central Region Deputy Social Welfare Director
3 hours -
Food crisis: 82 million Nigerians may go hungry soon, UN warns
4 hours -
Leaked video: Serwaa Amihere didn’t misconduct herself – EIB declares
4 hours -
Empowered by LEAP: Mary Gbodzor’s path to stability
5 hours -
I’ve worked hard for my Black Queens return – Mukarama Abdulai
5 hours -
IFMA Global Conference slated for August 1 and 2
5 hours -
I’m very sorry – Teary Chef Smith apologises over Guinness World Records scam
6 hours -
Japan will test our defence on a much higher level – Black Queens Coach Nora Hauptle
6 hours -
2024 WAFCON: Rescheduling gives us an opportunity to monitor more players – Black Queens Coach
7 hours