Africa has a lower cost of living than many other regions, but this advantage goes beyond economics; it offers a rare chance to be a driving force behind positive change, growth, and prosperity on the continent. Resources are abundant in Africa, but they haven’t always been distributed fairly, so lower costs of living foster entrepreneurship and economic development.
The Most Affordable & Cheapest Countries To Live In Africa 2024 List
1. Nigeria
Nigeria, which is frequently referred to as the “Giant of Africa,” is a country that not only has a thriving culture and a long and illustrious past, but also has a remarkably inexpensive cost of living in comparison to a great number of other countries. Even if there is a significant economic gap, Nigeria provides opportunities for families and individuals who are concerned about their finances and are looking for a life that is satisfying. Nigeria provides more than cheap adventures. Everything from visiting historical landmarks and vibrant towns to enjoying colorful festivals and tasty food is available. You may live culturally while staying on budget. Naira depreciation makes Lagos, Abuja cheapest global cities to live in for expatriates | TheCable
2. Libya
Libya is a country that is frequently linked with its extensive desert landscapes and its rich history. However, the country also possesses a hidden asset, which is a surprisingly low cost of living. This North African nation may be an appealing choice for tourists who are concerned about their financial situation, expatriates, and even retirees who are looking for a nice existence without the burden of a high price tag. Libya’s low cost of living and fascinating culture make it worth considering. Libya may be the hidden treasure for anyone seeking an economical and culturally enriching experience, despite logistical issues and a changing political atmosphere.
3. Kenya
Kenya has stunning safaris, gorgeous mountains, and rich civilizations, but it also has a low cost of living. This East African nation attracts budget-conscious travelers, expats, and retirees seeking a fulfilling and economical living. Accommodation in Kenya depends on location and facilities. Renting or buying a flat or property outside Nairobi and Mombasa is cheaper than in Western countries. You can choose from sophisticated flats to beautiful bungalows to suit your style and budget.
4. Madagascar
Madagascar, which is the fourth largest island in the world, is a destination that captivates tourists with its extraordinary fauna, breathtaking landscapes, and extensive cultural history. On the other hand, concealed behind its beauty is a hidden gem: a cost of living that is unexpectedly modest. A compelling destination for budget-conscious travelers, expats, and retirees who are looking for a life that is both enriching and economical, this one-of-a-kind island nation offers a compelling destination.
5. Rwanda
The country of Rwanda, sometimes known as the “Land of a Thousand Hills,” is notorious not just for its breathtaking landscapes and abundant opportunities to go gorilla trekking. Additionally, it is gaining recognized for offering a relatively low cost of living, which makes it an appealing alternative for retirees, expats, and visitors who are looking for a life that is both secure and enriching. Cost of living in Rwanda is, on average, 63.0% lower than in United States.
6. Tanzania
In addition to the awe-inspiring Serengeti National Park, the majestic Mount Kilimanjaro, and the charming spice island of Zanzibar, Tanzania is also home to a fascinating secret: a cost of living that is incredibly low. A fascinating location for travelers on a tight budget, expats, and retirees who are looking for a life that is both enriching and economical, this East African nation offers a tempting destination.
7. Ghana
The country of Ghana, which is frequently referred to as the “Gateway to West Africa,” is well-known for its thriving culture, historic significance, and breathtaking natural beauty. A surprisingly inexpensive cost of living is a hidden gem that may be found beyond the golden beaches and colorful festivals that are found in this region. Ghana is an appealing location for travelers who are concerned about their budgets, expats, and retirees who are looking for a life that is both enriching and economical.
8. Egypt
Egypt is the birthplace of civilization and a country rich in millennia of history. Its ancient pyramids, mysterious temples, and lively culture enthrall visitors. However, there is a secret benefit that goes beyond the appeal of its pharaonic past: a surprisingly low cost of living. Because of this, Egypt appeals to tourists on a tight budget as well as foreigners and retirees looking for an interesting and reasonably priced way of life.
9. Somalia
Somalia is a country located on the Horn of Africa that is known for its enduring spirit, breathtaking landscapes, and a long and illustrious history. Despite the fact that the nation continues to struggle with a number of issues, it has a fairly low cost of living, which can be an appealing aspect for certain visitors who are concerned about their finances or even for expats who possess a particular set of skills that are in great demand. However, before contemplating Somalia as a possible safe haven for budget-conscious individuals, it is essential to acquire a comprehensive awareness of the current situation in the country.
10. Tunisia
The country of Somalia, which is located on the Horn of Africa, is renowned for its breathtaking scenery and extensive cultural history. Nevertheless, it is essential to recognize the considerable difficulties that it is being confronted with. While it is true that the cost of living can be shockingly low, this should not be the primary consideration when contemplating whether or not to visit or call that location home. Rent in Tunisia is, on average, 88.7% lower than in United States.