Employees are increasingly rethinking their compensation expectations, work-life balance, and even where they choose to reside to the detriment of employers vying for the best global talent due to the recent return of significant inflation throughout the world.
On the other hand, businesses must balance controlling costs and fighting to draw and keep talent.
The amount required to cover daily costs like rent and food varies significantly from city to city. And some cities, like Lagos, Nigeria, have a reputation for being expensive to reside in.
The Cost of Living Index
Employers can use comprehensive and trustworthy data from the cost of living survey to guide their compensation decisions for their mobile workforce in the irrational global market.
The Central African Republic’s Bangui is regarded as one of the continent’s priciest cities, followed by Gabon’s Libreville and Seychelles’ Victoria.
Here are the top ten African cities with the highest cost of living if you consider moving this year.
- Bangui – Central African Republic
- Libreville – Gabon
- Victoria – Seychelles
- Djibouti – Djibouti
- Kinshasa – The Democratic Republic Of The Congo
- Lagos – Nigeria
- Luanda – Angola
- Dakar – Senegal
- Abidjan – Côte D’Ivoire
- Brazzaville – The Republic Of Congo
The information in this article was curated from online sources. NewsWireNGR or its editorial team cannot independently verify all details.
Always visit NewsWireNGR for the latest Naija news and updated Naija breaking news.
Send Us A Press Statement/News Tips on 9ja Happenings: [email protected].
Advertise With Us: [email protected]