Two Nigerian cities have been named as the cheapest for expatriates to live in, in 2024
Nigeria’s Abuja, and its commercial hub, Lagos, were ranked first and second cheapest cities according to Mercer’s Cost of Living rankings.
The report highlights that the cost of living is a crucial consideration for expatriates when selecting a city for relocation, as it impacts their quality of life and financial stability.
The findings attribute the affordability of these cities to currency depreciations, which have significantly reduced the cost of living for international assignees.
At the lower end of the cost spectrum, cities like Islamabad, Lagos, and Abuja are among the least expensive for experts
This ranking provides insight into economic trends, assisting individuals and organizations in making informed decisions regarding global mobility.
Among African cities, Bangui has notably risen 12 places to rank 14th globally. Djibouti and N’Djamena follow closely, ranking 18th and 21st, respectively.
In the opposite, Blantyre, Lagos, and Abuja are among the least expensive African cities, positioned at 221st, 225th, and 226th globally.
Top 10 cheapest cities to live in Africa with their global rank
10. Johannesburg, South Africa
Global rank for cost of living: 206
9. Cape Town, South Africa
Global rank for cost of living: 209
8. Tunis, Tunisia
Global rank for cost of living: 210
7. Lusaka, Zambia
Global rank for cost of living: 213
6. Gaborone, Botswana
Global rank for cost of living: 215
5. Windhoek, Namibia
Global rank for cost of living: 218
4. Durban, South Africa
Global rank for cost of living: 219
3. Blantyre, Malawi
Global rank for cost of living: 221
2. Lagos, Nigeria
Global rank for cost of living: 225
1. Abuja, Nigeria
Global rank for cost of living: 226
Abuja, Lagos ranks 1st And 2nd In Cheapest Cities To Live In Africa
