GHANA TOPS 9 MOST EXPENSIVE AFRICAN COUNTRIES TO RENT A 1 BED APARTMENT | PODBITES EP. 26
The Sound of Accra PodcastJune 05, 202200:08:51

GHANA TOPS 9 MOST EXPENSIVE AFRICAN COUNTRIES TO RENT A 1 BED APARTMENT | PODBITES EP. 26

Business Insider Africa shows that Ghana is amongst the list of 9 African countries which are the most expensive places to rent in Africa: https://africa.businessinsider.com/local/markets/9-most-expensive-african-countries-to-rent-property/vpyw605

This list is courtesy of Numbeo, the largest cost of living database in the world.. Those of you who have been following Season 3, we dropped an episode last year called “Is Accra Expensive”:
https://www.youtube.com/watch?v=xRua9Y2M0L8

Numbeo also reported that Accra is the 2nd most expensive city in the world which we debated of course: https://www.myjoyonline.com/accra-is-second-most-expensive-city-in-the-world-survey

So this list is based on property price to income ratio basically comparing the median household price within an area to the median household income.

Owning a property and renting in Africa has never been more expensive in such a climate where people flocking to Africa are pushing up the prices and coincidently, pricing out some of the natives who just can’t afford it. The gap between the rich, middle class and poor is getting wider.

We review in this episode, all the 9 countries on this list, including Ghana, based on the average salary per country and the going rate for a 1 bedroom apartment in each nations's capital.

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LISTEN TO OTHER EPISODES FROM US ON ACCRA BEING EXPENSIVE

Is Accra Expensive: https://www.youtube.com/watch?v=xRua9Y2M0L8 (https://www.youtube.com/watch?v=xRua9Y2M0L8)
Living Ghana: https://youtu.be/KLXBeEan5II (https://youtu.be/KLXBeEan5II)

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