Windhoek increasingly for the wealthy

Jo-Maré Duddy – Life in Windhoek has become drastically more expensive over the past two years: Numbeo currently regards Namibia’s capital as the third most expensive city in Africa compared to the tenth in 2016.Numbeo is the world’s largest database of user contributed data about cities worldwide. Numbeo’s indices are relative to New York City, which means that for the Big Apple, each index should be 100. If another city has, for example, a cost of living index of 90, it means that on an average in that city, the cost of living is 10% less expensive than in NYC.According to Numbeo’s 2018 data, Windhoek has a cost of living index of 51.84. This means that Namibia’s capital is 48.16% cheaper than New York. That places Windhoek third on Numbeo’s list for the most expensive cities in Africa included in its 2018 list. With a cost of living index of just 23.78, Alexandria in Egypt is the cheapest on the continent, where life on average is 76.22% cheaper than in New York.Numbeo’s Cost of Living Index includes rent, groceries, restaurants and local purchasing power.Windhoek’s rent index is 23.11 which means it is 76.89% cheaper than rent in the Big Apple. The groceries index for the Namibian capital is 47.76 – an indication that a basket of groceries on average is 52.24% cheaper than in New York.Purchasing cloutThe local purchasing power index for Windhoek is 55.51. This index shows relative purchasing power in buying goods and services in a given city for the average wage in that city. With a domestic purchasing power of 55.51, the inhabitants of Windhoek with the average salary can afford to buy on an average 44.49% less goods and services than New York City residents with an average salary.According to Numbeo, only two cities in Africa are better off than the Big Apple when it comes to local purchasing power: Johannesburg (125.99) and Pretoria (108.14). This means that inhabitants of Johannesburg on average can buy nearly 26% more than New Yorkers, while those in Pretoria can purchase 8.14% more.People in Addis Ababa in Ethiopia are the worst off. The capital’s local purchasing power index stands at 13.57 which mean inhabitants have 86.43% less buying power.A total of 538 cities worldwide are included in Numbeo’s Cost of Living Index 2018. With 145.46, Hamilton in Bermuda is the most expensive city in the world with life on average nearly 46% more expensive than New York.Thiruvananthapuram in India is the cheapest. Here the cost of living on average is 79.24% cheaper than in New York.

Windhoek increasingly for the wealthy

Kommentaar

Republikein 2025-06-30

Meld asseblief aan om kommentaar te lewer

Windhoek increasingly for the wealthy

Kommentaar

Republikein 2025-06-30

Meld asseblief aan om kommentaar te lewer

MELD AAN

Advertensie