• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business

Top 10 African Countries With the Highest Cost of Living in 2025

7 months ago
in Business, Economy, Features, highlights, Home, home-news, latest News
2 min read
0 0
0
134
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

RelatedPosts

Parliament Adjourns Sine Die After Intense Legislative Session Marked by Reform Calls and Tributes

GACL Terminates Evatex Revenue Assurance Contract Amid OSP Probe

Cyber Security Authority Flags Rising Mobile Data Scam, Cautions Public

Top 10 African Countries With the Highest Cost of Living in 2025

The affordability of essential goods and services, such as housing, food, transportation, healthcare, and education, is directly reflected in the cost of living index.

The average person frequently finds it difficult to maintain a respectable quality of life in nations with high indexes.

With a high cost of living, families have limited disposable incomes, limiting their capacity to save, invest, or spend on non-essential items. This financial hardship can reduce the quality of life and worsen poverty.

In many African nations, the rich elite may be better able to adjust to growing expenditures, while low- and middle-income households face the brunt of the burden.

This rising economic inequality has the potential to spark social upheaval and further isolate disadvantaged groups.

Businesses typically face rising operational costs as their utility, rent, and payroll bills rise. Small and medium-sized firms (SMEs), which form the backbone of African economies, may struggle to thrive in such conditions.

Countries with high costs of living might encounter increased wage expectations, perhaps contributing to inflationary pressures.

Alternatively, failing to raise salaries may result in a brain drain as talented people seek better possibilities overseas or in adjacent countries with cheaper living expenses.

Furthermore, high living costs can deter foreign investors, especially if they perceive these expenses as eroding profitability.

However, for countries that manage to maintain a balance by ensuring high productivity or robust infrastructure, the impact may be less severe.

With that said, here are the African countries with the highest cost of living at the start of 2025, as per data from Numbeo.

Compared to data from this same period last year, Ethiopia now ranks number 1 on the list as opposed to Mozambique, with a marginally higher cost of living index, compared to Mozambique’s which dropped significantly.

On average the cost of living index for most countries on the top 10 list declined. For example, Ivory Coast, Mauritius, Cameroon, Zambia, and Zimbabwe, had respectively 44.7, 41.1, 39.6, 39.8, and 36.8 cost of living indexes in 2024, compared to 38.8, 35.6, 36.2, 33.8, and 34.7, cost of living index at the start of 2025, respectively.

New additions to the top 10 list this year include, Botswana, Somalia, and Rwanda, in place of South Africa, Senegal, and Uganda, that were on the list last year.

Top 10 African countries with the highest cost of living in 2025

RankCountryCost of living indexGlobal rank
1.Ethiopia43.253rd
2.Botswana39.565th
3.Mozambique38.966th
4.Ivory Coast38.869th
5.Somalia38.770th
6.Cameroon36.276th
7.Mauritius35.680th
8.Zimbabwe34.783rd
9.Rwanda34.685th
10.Zambia33.891st
Tags: Highest Cost of LivingTop 10 African Countries With the Highest Cost of Living in 2025

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

No Result
View All Result

Highlights

Gov’t Reopens Talks With PayPal to Restore Full Service Access in Ghana

Financial Sector Assets up 34.6% in 2024 to GHS 525.59 Billion

Banking Sector Soundness Remains Robust in 2024 Amid Strong Profitability, Adequate Capital Buffers

Sha’Carri Richardson Withdraws from US Trials Following Arrest

From Singuluma to El Kaabi: Can CHAN 2024 Unleash the Next Hat-trick Hero?

Ghana to Welcome King’s Baton Relay on August 8 Ahead of 2026 Commonwealth Games

Trending

Features

Parliament Adjourns Sine Die After Intense Legislative Session Marked by Reform Calls and Tributes

August 2, 2025

Parliament Adjourns Sine Die After Intense Legislative Session Marked by Reform Calls and Tributes Parliament has adjourned...

GACL Terminates Evatex Revenue Assurance Contract Amid OSP Probe

August 2, 2025

Cyber Security Authority Flags Rising Mobile Data Scam, Cautions Public

August 2, 2025

Gov’t Reopens Talks With PayPal to Restore Full Service Access in Ghana

August 2, 2025
Bank of Ghana

Financial Sector Assets up 34.6% in 2024 to GHS 525.59 Billion

August 2, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.