A recent ranking released by the the Economist Intelligence Unit (EIU), a sister company of The Economist magazine on 25 African cities has placed Lagos and Abuja among the top four cities in Africa with the highest cost of living.
The key results of the cost of living rankings per city reveals that Abuja is the second most expensive city in Africa with a total expenditure score of 107.4. Lagos comes fourth with 100.8 total expenditure. Ranking first on the list as Africa’s most expensive city is Luanda in Angola with a score of 131.8, while Addis Ababa came last with a score of 60.8