Nairobi Ranked Africa's Most Expensive City to Live in
A newly released survey report has ranked Nairobi as the most expensive city to live in the continent of Africa.
The survey, dubbed Cost of Living in Cities around the World: Prices and Earnings 2018, was carried out by UBS, a global bank headquartered in Basel, Switzerland.
The research which was conducted between January and April, 2018 places the Kenyan capital as the 68th most expensive city to live in globally.
Prices of 128 goods and services as well as salaries for 15 professions in 77 cities across the globe were used to rank the cities' cost of living. Findings were grouped into prices, earnings, purchasing power and working time.
Zurich, a city in Switzerland tops the list of the most expensive cities in the world followed by Geneva (Switzerland), Oslo (Norway), Copenhagen (Denmark)and New York (United States).
Tokyo (Japan), Milan (Italy), London (United Kingdom), Chicago (US) and Helsinki (Finland) close the list of top ten costliest cities.
Nairobi (Kenya), Lagos (Nigeria) and Cairo (Egypt) are the three most expensive cities in Africa and the only African cities in the list.
Comments
Nairobi the big dump is very…
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Nairobi the big dump is very costly; just too costly and hyped up. Traffic, smoke,garbage. Mashambani, best place to live esp near Mt Kenya. Clean air,your money buys you more, organic food and a little perepere aka gossip from my fellow villagers with a hint of humor goes a long way. Good living.
Live alone Nairobi: The…
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Live alone Nairobi: The WHOLE of KENYA is Africa's most Expensive country to LIVE in.
Get your statistic right Mr…
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Get your statistic right Mr. Johannesburg is not in africa stop sourcing your info from foreign statistics they don't know much about the kenyan market, most incomes are not declared nor recorded at the moment we have a per capital income of roughly $3000-4000 but whats recorded globally is around $1200.You have clearly destroyed Mwakilishi's acreditability.Inaccurate resource. Kenyans deserve an appology for this fake news antiprogressive....mshinde mkipiga kelele tu.https://www.ubs.com/microsites/prices-earnings/en/explore/?category=Dom…
https://www.ubs.com…
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https://www.ubs.com/microsites/prices-earnings/en/explore/?category=Dom…
Mwakilishi is unaccreditable. Fake news. Switerland doesnt know kenya market most of income are not declared nor recorded globally our per capital is est.$1200 where else on the ground is $3000+. Stop spreading wrong statistics,fake news juli Johannesburg iko wapi.??. Kelele tu
Nairobi pure artificial cost…
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Nairobi pure artificial cost of living due to corruption in housing and food..Marikit food is cheap but try one ka hotel your luch can feed 200 people in Kibera/mkuru talk of 3500 a plate NKT security contributes too to the fake artificial high cost of living.
no one cares!
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no one cares!
How does a global bank in…
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How does a global bank in Switzerland study a place like Nairobi and authoritatively give accurate statistics. This is called fake news. It is called information wars. Useless and unreliable information. Fake news is no longer needed. Kenyans are fully capable of giving reports on their cities. God help Kenya!!
Anonymous,we can't declare…
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Anonymous,we can't declare all our income because of the taxman.Our DNA is not for paying to the State,but its for taking from the State.
They did not ask for "bei ya…
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They did not ask for "bei ya mwisho" that is why Nairobi turns out as expensive. But just between me and you, Nairobi is dynamic, adaptable and affordable. You pay your price (not prize) be it for a cup of tea or real estate.
On a light note, my folks will shame-value your merchandise to level the bargaining field. saying things like: Hii chai hata haina maziwa ya kutosho, Hii ploti imeinama sana who can build here? Are you sure hii si riparian land? Hii dress ina kila mtu town ndio unauza that much? kuguzaguza tu mawaya gari ikawaka ndio unaitisha ngiri? Hiyo mchanga haijajaa lori!. "Na samaki zenu mnatoa Turkana, Victoria, Chania river ama Zhu Jiang?" " mimi sio mgeni hapa bwaana! taja bei inaeleweka" " eti mita tatu, wewe ushaa shika million moja na mkono wacha tatu?
Back and forth and finally a transaction mat take place-It is called magic economics and it is refreshing.
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