Yes, there it is in black and white. Please note that prices are correct at the time of going to print. The cost of living in the South Africa is higher than you might expect thanks to an emerging economy and the strengthening of the South African rand. Coffee costs: $1.75. Eggs (12) – 18.00R . What is the Cost of Living Index? Having said that, the general cost of living in South African cities is considerably cheaper than the majority of major cities around the world. The average cost for a one-way journey is R16. The following are collected for use in calculating cost of food: meats, dairy products, produce, bakery products, miscellaneous grocery products, fast food, and average casual restaurant. Mobile version South African manufacturing production and the rand (an update) ... February’s National Budget Speech would have had an impact on your cost of living. Numbeo’s 2020 Cost of Living Index compares the cost of living of 440 cities around the world. However, workers have the option to take out their own pension plan to save for retirement. To calculate each city's Price Index value, we start by assigning a value of 100 to a Single person estimated monthly costs: R 18,177. In fact the 2012 Mercer rankings put Johannesburg in 154th place and Cape Town 179th. Online salary comparison calculator to compare the cost of living standards in South Africa, Johannesburg and South Africa, Cape Town. This map shows only the top cities in South Africa. Below is a breakdown of how much it costs to live in the largest South African cities compared to other major cities around the world. Although the rand experiences a significant amount of fluctuation, banking, commerce, and basic infrastructure rivals other developing countries. The cost of food in South Africa is equal to South Africa average and earns a score of 4 out of 10. Let’s take a look at what they cost around 30 years ago … Each tax bracket has to pay a set taxable rate and then a percentage of earnings over the amount set by each tax bracket. We provide several metrics to compare the cost of living including cost of groceries, transportation, and more. The cost of dining out is relatively inexpensive compared to many other countries around the world. South Africa; Average Monthly Net Salary (After Tax) 3,564.10 $ (54,298.43 R) 1,276.59 $ (19,448.55 R) -64.18 %: Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate: 4.17: 10.13 +143.05 %: Last update: December 2020: December 2020: Contributors in the past 12 months: 19355: 1174 A cost of food score of 1 indicates most expensive while a 10 represents cheapest. Wine is also inexpensive and good quality in most restaurants, but it is a custom to allow diners to bring your own bottle and charge a corkage fee of around R40. In this video I summarize the average cost of living in Cape Town (South Africa) showing prices and expenses of living. Rather than calculating the exact amount, a set amount of R3–R5 per kilometer is common. Cost of living in South Africa South Africa remains relatively cheap in comparison to many western countries. Nothing seems to make sense, even after living here for almost a year. The cost of living in South Africa are likely to differ to that of your home country. Cost of living in South Africa: Durban 63% less expensive than New York 58% more expensive than London 51% more expensive than Paris 54% less expensive than Tokyo 52% more expensive than Los Angeles International students also need to pay a flat course fee of R37,800. According to the latest South African census figures, there are around 2.2 million foreign-born residents living in South Africa… What you people think about this. Chicken (1kg) – 48.00R. The cost of living index indicates the difference in the cost of living between the two locations. Despite a recent wave of government reforms, healthcare for most South Africans is unaffordable. South African public transportation is remarkably affordable, although most people use taxis. The average grocery bill for essentials is estimated to be around R2,300–2,900. Most insurance policies only cover you for five years. We live in a nicer house, eat better food, etc." Do you know how much money you will need there to maintain your current standard of living? They charge between R5,500–R13,000 per month depending on their age, experience and where you live. It’s impossible to make broad categorizations about the countless facets of living in South Africa, which is famous for its diversity — best go experience it yourself! According to Numbeo, utility bills cost around R 1,200 per month. Tax rates in South Africa range from 18% to 45% depending as follows: Read more in our guide on tax liabilities in South Africa. A single person costs: $986 per month. Hello, If the living expence in south africa is more then R 10000, so how can manage a couple family. My quality of life has improved vastly from Vancouver. For most expats, the cost of educating your child at a private school in South Africa is probably less expensive than in your own country. Value Added Tax (VAT) is levied on most goods and services in South Africa. Monthly rent costs: $345 per month. Use this guide to see if you can afford to purchase real estate in South Africa, attend school, set up utilities, dining out, and more. However, many South Africans are still paid quite poorly. Below are specifics you need to know about basic groceries and accommodation; Milk- 10.00R. Clothing and consumer items, on the other hand, are only marginally less expensive. Evening meals in an inexpensive mid-range restaurant will cost on average between R215 and R500. The rise in sin taxes and petrol levies announced during the speech influenced prices for alcoholic beverages and petrol, contributing to April’s overall inflation rate of 4,5%. The healthcare system is at odds in South Africa. Cost of Living Comparison Calculator. Once the reference point has been established, the Price Index value of every other city in the database is calculated by comparing their cost of living to the cost of living in Prague. Cost of living in Pretoria: the Cost of living in South Africa. According to the Mercer's 2009 Cost of Living survey Tokyo is the most expensive city for expatriates; Johannesburg is the cheapest. Television licenses in South Africa are R270 for the first year and must be paid in full. The cost of private health insurance varies considerably. database is calculated by comparing their cost of living to the cost of living in Prague. Living cost. Read more about Phil's expat experience in South Africa. © 2009-2020 Expatistan.com, List of all the cities available in Expatistan, Basic lunchtime menu (including a drink) in the business district, Combo meal in fast food restaurant (big mac meal or similar), 500 gr (1 lb.) Average Living Costs; The average rate is around $1 = R12.00 – R15.00. Much has changed in South Africa since the 1980’s including prices of everyday goods, which have become overbearingly expensive due to the economy. This is due to its favorable climate, affordable living costs, and sizeable expat population. It should be noted that many schools in South Africa allow you to choose how often your child attends school; half day, full day or for three-quarters of the day. Of course, the cost of a meal depends where you choose to eat, as there are high-end restaurants in South Africa that can be costly yet still around half the price you would pay for a comparable meal in Europe, Australia, North America and most countries in Asia. Bread (500g)-9.38R. As of the end of 2018, house prices in South Africa remained well below the highs seen a decade earlier, with below-inflation growth of 3.7% year-on-year. However, South Africa is still a much more affordable country to live in than most European, Asian and North American countries. Johannesburg is 73% cheaper than New York City. The most cost-effective method is to hire a nanny. Prices for general foodstuffs in South Africa is quite affordable for expats that earn a reasonable salary. Expatica helps make your expat journey the experience you've always wanted. A cost of food score of 1 indicates most expensive while a 10 represents cheapest. Au pairs must also be offered a room and meals. Utility costs cover water, electricity, gas, and waste disposal. A family costs: $1,875 per month. Cost of living The unit of currency in South Africa is the South African rand (ZAR or simply R). The cost of living in South Africa is lower than most developed countries so this shouldn’t be a worry if South Africa is a prospective education site for you. As a result, the cost of living in South Africa is not as cheap for expats as it used to be. of prepaid mobile tariff (no discounts or plans), 1 month of gym membership in business district, Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new in, Sport shoes (nike, adidas, or equivalent brands) in, Summer dress in a high street store (zara, h&m or similar retailers) in, Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) in. The color of each marker corresponds with the cost of living in the city red markers show more expensive cities green ones show cheaper cities The economy in South Africa is on the rise. South Africa only has 23 public universities and the cost of an education in the country is considerably higher than many European countries. Key Buy-to-Let Comparisons. Eating out, beer and entertainment can be as much as 50% lower in South Africa than they are in Europe, for instance. If you have been living and working in South Africa for more than 183 days, you are eligible to pay personal income tax on your personal income. Click below to consent to the use of this technology on our website – and don’t worry, we respect your privacy. Universities fees in Cape Town in 2019 range from R51,000 per year to R82,000, depending on the course. The cost of living in South Africa is fairly reasonable when compared to some other western countries. On average, healthcare insurance ranges between R 1,100 and R 2,200 per month for a family of four. South Africa has much more in store for expats than you might expect. Cost of living in South Africa: Utilities – water, gas, electricity, Social security and pension prices in South Africa, R195,851–R305,850: 26% (R35,253 plus 26% of taxable income above R195,850), R305,851–R423,300: 31% (R63,853 plus 31% of taxable income above R305,850), R423,301–R555,600: 36% (R100,263 plus 36% of taxable income above R423,300), R555,601–R708,310: 39% (R147,891 plus 39% of taxable income above R555,600), R708,311+: 41% (R207,448 plus 41% of taxable income above R708,310), R1,500,001+: 45% (R532,041 plus 45% of taxable income above R1,500,000). That is according to Airports Country South Africa, which claims that every long-haul direct flight supports as many as 3,000 jobs. Cost of Living in South Africa Select city in South Africa: Cost of living in South Africa is 42.00% lower than in United States (aggregate data for all cities, rent is not taken into account). This includes a monthly salary and income you receive from overseas capital such as rent. Cost of living in South Africa compared to United Kingdom. The following are collected for use in calculating cost of food: meats, dairy products, produce, bakery products, miscellaneous grocery products, fast food, and average casual restaurant. If you want to make a direct comparison between the cost of living in the USA versus South Africa, a good website to visit is mylifeelsewhere.com. Taxis are also inexpensive and range between R60 and R120 for short journeys. "I love the unbridled craziness of South Africa. Drawing social security is means-tested, based on the duration of time that you worked in South Africa and the amount paid in relation to your earnings. Compare that to London which came in at the 25th most expensive place to live. It is possible to enjoy a gourmet four-course meal for around R575–R650 per person. Yet you will still find the overall cost of your trip very reasonable. In the 2012 Mercer cost of living rankings Johannesburg (154) and Cape Town (179) fall 23 and 21 places respectively on the previous year, reflecting the considerable weakening the South African rand has suffered against the US dollar in the last year. Travel expenses on behalf of the family should also be remunerated. The current rate is 15% which is usually included in the marked price. NOTE: These settings will only apply to the browser and device you are currently using. Au pairs that work fewer hours demand a higher hourly rate to compensate for the loss of earnings. However, students should also factor in general living costs, which are considerably lower in South Africa than in Europe or North America. Find out what is the real equivalent in South Africa of your current salary and improve your chances of a happy relocation. If you have a large appetite for luxury products then your living costs can be way up the roof. Cost of living in the USA versus South Africa. The social security system in South Africa is complex. Applicants should constantly check the exchange rates and be aware of how much they require in the way of funds. Cost of Living in South Africa; Cost of Living in South Africa. This site uses functional cookies and external scripts to improve your experience. The exception is South Africa, where ABSA Group releases good house price data, and has a monthly house price index. With that said, Pretoria only ranked at number 252. The Cost of Living in Johannesburg is low. Think more of South Africa as a country of duality. I get frustrated often, I laugh a lot, and I’m never bored. Some nannies, or night nurses, can also take care of your child overnight for R320–R430, which is less expensive than a babysitter that charges between R50–70 an hour. Breakdown of prices in Johannesburg, South Africa for housing, food, transportation, going out for December 2020. When you take out health insurance, read the policy carefully to determine what it covers. Have more accurate data for the cost of living in South Africa? Family of four estimated monthly costs: R 36,636. Your choices will not impact your visit. As is usually the case, the cost of living in South African cities is higher than in rural towns, and most expats either move to Cape Town or Johannesburg. Have a cookie This site uses functional cookies and external scripts to improve your experience. Summary of cost of living in South Africa. Industries including manufacturing, service, agriculture, and mining are also flourishing and the rand is performing well against other currencies. Expatica uses technology such as cookies and scripts to personalize content and ads, provide social media features, and analyze our traffic. Basic broadband packages in South Africa start at around R600 but can be as much as R1,500. of boneless chicken breast, 0.5 l (16 oz) domestic beer in the supermarket, Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area, Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area, Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat, Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area, Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area, Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio, Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands), 1 summer dress in a high street store (zara, h&m or similar retailers), 1 pair of sport shoes (nike, adidas, or equivalent brands), Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new, Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands), Short visit to private doctor (15 minutes), Standard men's haircut in expat area of the city, Basic dinner out for two in neighborhood pub, 2 tickets to the theater (best available seats), Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert, 1 beer in neighbourhood pub (500ml or 1pt. The average disposable income in South Africa is R156,206 per year, which is well below the OECD average of R439,120. COST OF LIVING AS A STUDENT IN SOUTH AFRICA. You have to phone ahead and order taxis ahead of schedule, though: taxis cannot just be flagged down in the street. Parents that work full-time have plenty of childcare options in South Africa. In general, a lunchtime meal will cost no more than R115. South Africa has made a lot of progress in the last 30 years or so: absolute poverty has been significantly reduced thanks to a series of community programs and social grants, while substantial investment has also seen a vast improvement in education, housing and basic infrastructure. Furthermore, foreigners are free to purchase property in South Africa with limited restrictions. central reference city (that happens to be Prague). How does South Africa’s living cost compare to that of other countries? The current rate stands at 2% and is paid by employers. South Africa is the economic powerhouse of the African continent and although its cost of living is very affordable, it is not as rock-bottom cheap as so many of the under-developed third world African countries. Renting a house is also very affordable for expats living in the suburbs, but it is a different story in the city center. Cost of accommodation in South Africa. Please help us update it. Once the reference point has been established, the Price Index value of every other city in the It is also possible to hire an au pair to look after your children. The average monthly cost for transport is as low as R500–R650 for buses and trains. However, South Africa is still a much more affordable country to live in than most European, Asian and North American countries. Like most global countries the South African currency, the rand has fallen which is why the cost of living would appear … Avoid companies that reserve the right to cancel a policy if you have a critical illness or reach a certain age. Social grants have helped, but President Jacob Zuma said in 2011 that the grants are not sustainable. South Africa is a popular destination for expat retirees. There's an abundance of options for accommodation in South Africa, and it shouldn’t take long for expats to find a home that suits their budget and lifestyle. Expat life in SA offers better value compared to other cities of the same development status. For the same standard of living, your money goes a lot further in Durban than other South African cities. In Mercer’s Quality of Living Survey 2018, three South African cities ranked in the top 100: Durban was ranked the highest (87th), whilst Cape Town (94th) and Johannesburg (95th) were not far behind. 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