What's Happening?
According to recent data from Numbeo, Abidjan, Ivory Coast, has been identified as the African city with the highest cost of living at the start of 2026. The cost of living index for Abidjan is 45.7, with high grocery and restaurant prices contributing
to the overall expense. Other cities in the top ten include Addis Ababa, Ethiopia, and Pretoria, South Africa. The index measures the cost of essentials such as food, dining, transportation, and utilities, excluding housing costs. Rising costs in these cities are outpacing wage growth, putting financial pressure on residents.
Why It's Important?
The rising cost of living in major African cities like Abidjan reflects broader economic challenges, including inflation and income disparity. As living expenses increase, residents may struggle to maintain their standard of living, leading to potential social unrest. The data highlights the need for economic policies that address wage stagnation and improve affordability. For businesses, the high cost of living could impact labor costs and consumer spending, affecting profitability and investment decisions. Understanding these dynamics is crucial for policymakers and investors looking to navigate the economic landscape in Africa.
