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Johannesburg and Cape Town also less affordable in 2021.
By Moneyweb
27 Jun 2021 07:00
Image: AdobeStock
Mercerâs 2021 Cost of Living City Ranking of 400 global cities has listed NâDjamena (Chad) as the most expensive city in Africa for expatriates with Lusaka (Zambia), the least expensive. Based on the ranking, NâDjamena moved up two spots in 2021 from 15th to 13th place, while Lusaka moved from 201 to 208 in the rankings.
The rankings provide an important insight for multinationals on the cost of recruiting or relocating an expatriate in Africa, and also help human resources leaders to structure a remuneration package to attract the right skills for an assignment. This is because a more expensive destination for expatriates makes it a costly to multinationals since the cost of sending an employee on an assignment increases.
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