Tunisia Ranks 9th in Africa in Terms of Cost of Living, According to Numbeo's 2024 Index
According to Numbeo's 2024 cost of living index, Tunisia ranks 9th in Africa, with a local purchasing power of 25.7. Compared to its neighbors, Tunisia surpasses Algeria, which ranks 10th with an index of 25.4, but falls behind Morocco, which ranks 8th with an index of 30.4.
Libya, on the other hand, ranks 4th with an index of 33.7, confirming its favorable position in North Africa.
South Africa stands out with a local purchasing power index of 84.7, the highest on the African continent. In contrast, Somalia, despite being classified as one of the Least Developed Countries (LDCs) and having the lowest human development index (HDI) in the world in 2022, occupies the 7th position in Africa with an index of 30.5, demonstrating relative economic resilience.
On a global scale, Luxembourg tops the list, while three Arab Gulf countries rank among the top five. Here is the top 5 of countries with the highest purchasing power indices:
- Luxembourg (148.9)
- Kuwait (128.5)
- Qatar (127.4)
- Switzerland (118.9)
- Oman (109.6)
