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[ Tue, Jan 14th 2025 ]: Reuters
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[ Sun, Jan 12th 2025 ]: Reuters
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Top 10 African countries with the highest cost of living in 2025

A high cost of living index can affect a country's global perception. African countries such as South Africa and Kenya, which draw considerable tourist and expatriate communities, may risk losing their appeal if living expenses grow without a corresponding increase in quality.
The article from MSN discusses the top 10 African countries projected to have the highest cost of living in 2025, based on data from Numbeo and other economic indicators. Leading the list is Bermuda, known for its high living expenses due to its status as an offshore financial center, followed by Libya, where despite its oil wealth, economic instability contributes to high costs. Zimbabwe ranks third, with hyperinflation and economic mismanagement driving up living costs. South Africa comes next, with its relatively developed economy but high costs in major cities like Johannesburg and Cape Town. Mauritius and Botswana follow, both benefiting from tourism and stable economies but facing high costs due to import dependency. Namibia, Seychelles, Tunisia, and Morocco round out the list, each with unique economic challenges like high import costs, tourism-driven economies, and varying degrees of economic development influencing their cost of living. The article highlights how factors like inflation, economic stability, and reliance on imports significantly affect the cost of living in these countries.

Read the Full MSN Article at:
[ https://www.msn.com/en-za/money/personalfinance/top-10-african-countries-with-the-highest-cost-of-living-in-2025/ar-BB1rlDfp ]