Nairobi is officially the most expensive city in Africa, according to the Economist Intelligence Unit's Worldwide Cost of Living survey.
Why Nairobi is now the most expensive African city to live in
Bad news for Nairobians
In the global rankings, the city rose 13 places to join the 100 most expensive cities in the world at position 69.
Some of the items that have made the cost of living in Nairobi to be exorbitant include the price of food and drinks, the cost of private schools, the cost of domestic help and also the cost of recreational costs.
Other items that were assessed are the price of clothing, household supplies and personal care items.
Inflation and Devaluation of the Shilling
"Last year, inflation and devaluations were prominent factors in determining the cost of living, with many cities tumbling down the ranking owing to economic turmoil, currency weakness or falling local prices," the report outlined.
The survey further ranked Singapore, Hong Kong and Paris as the global most expensive cities.
The cheapest city was found to be Caracas in Venezuela as a result of economic crisis in the country effectively displacing Damascus in Syria.
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