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Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.
Accra has been ranked the eighth most expensive city in Africa in 2026, highlighting the persistent cost-of-living pressures facing Ghana despite ongoing macroeconomic stabilisation efforts.
New data from Numbeo’s 2026 Cost of Living Index places the capital 8th out of 22 major African cities, with a cost of living index of 36.6, positioning it ahead of several North and East African capitals.
Although Accra does not top the continental list, it sits firmly within the upper tier, reflecting elevated household expenses relative to average income levels.
Globally, Accra remains far below major cities in Europe, North America and parts of Asia, but within emerging and frontier markets, it continues to be a costly city for residents earning local wages.
Source: newsthemegh.com