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Abuja, Lagos expensive to live in

14 June 2013, 13:13

Abuja -  Abuja and Lagos are among the most expensive African cities in terms of cost of living in Africa.

This is according to findings by Economist Intelligence Unit (EIU), a sister company of the reputable The Economist magazine.

EIU rated Abuja as the second-most expensive city out of 25 African cities surveyed.

With a total expenditure score of 107.4, it ranks second behind Luanda, the Angolan capital.

Lagos is rated fourth with a 100.8 total expenditure.

The key results of the cost of living rankings per reveal Addis Ababa in Ethiopia is the cheapest to live in with a score of 60.8.

In other rankings, Abuja was 12th in terms of consumption of alcoholic beverages, tobacco and narcotics, while Lagos was 21st.

In terms of money spent on transportation, Lagos and Abuja emerged 15th and 22nd respectively.

Top on this list is Abidjan in Ivory Coast while Alexandra in Egypt came last.

EIU 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.

- CAJ news


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