Luanda no longer most expensive city in the world

Angola’s capital of Luanda was one of the most expensive city in the world for many years, but those days are over. In the latest annual cost of living index compiled by global consulting firm Mercer, N’djamena (Chad) leads Africa’s high-cost cities, ranking 11th among the world’s most expensive cities.

Rankings released in June show Luanda placed 26th out of 209 cities – a twenty place drop. Quartz reports that Luanda is now the fourth highest ranked African city, behind Ndjamena, Kinshasa and Lagos. The Mercer index is an important indicator of the cost of living, closely watched by expats (and their bosses) all over the world. The index is compiled based on the prices of goods and services including food, utilities, transport logistics and accommodation that expats purchase. The costs are then compared by converting prices from local currencies to US dollars. This is how African cities score on the Mercer index of the world’s most expensive cities to live in.

N’djamena, Chad, position 11

Kinshasa, Dem. Rep. of Congo 22

Lagos, Nigeria 25

Luanda, Angola 26

Abidjan, Cote d’Ivoire 30

Brazzaville, Congo 39

Bangui, Central African Republic 54

Djibouti, Djibouti 59

Accra, Ghana 63

Douala, Cameroon 66

Further reading on qz.com

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