A recent ranking released by the the Economist Intelligence Unit (EIU), a sister company of The Economist magazine on 25 African cities has placed Lagos and Abuja among the top four cities in Africa with the highest cost of living.
The key results of the cost of living
rankings per city reveals that Abuja is the second most expensive city
in Africa with a total expenditure score of 107.4. Lagos comes fourth
with 100.8 total expenditure. Ranking first on the list as Africa’s most
expensive city is Luanda in Angola with a score of 131.8, while Addis
Ababa came last with a score of 60.8.
In other rankings, Abuja emerged as the
12th city in terms of consumption of alcoholic beverages, tobacco and
narcotics, while Lagos took the 21st position among the 25 cities
surveyed.
In terms of money spent on transportation, Lagos and Abuja emerged
15th and 22nd out of the 25 cities, scoring 107.5 and 91.7,
respectively. Top on this list is Abidjan with 172.0 score spent on
transportation, while Alexandra in Egypt came last with a score of 71.7.The Economist Intelligence Unit produces regular reports on the “reports on the liveability”, and cost of living, of the world’s major cities, which receive wide coverage in international news sources.
What do you think about the ranking? Do you agree that Lagos and Abuja are two of the top four most expensive countries in Africa?.
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