Living in South Africa can be cheaper compared to most parts of the United Kingdom and the world. Of course, living in urban areas and Cape Peninsula is significantly higher in terms of costs of commodities, rentals and leisure activities since more people are also situated there. Rural areas tend to offer more of the quiet life and there are very cheap places to live in with lots of space. 

The cost of goods and food products outside the city is also more affordable and can cost half as much compared to getting them in supermarkets and grocery shops downtown. All sold products are inclusive of value-added tax while other services like education and transportation do not have additions.
At present, South Africa’s economy made it to the top 20 and has a total GDP of over 570 billion euros. Per capita GDP is estimated at over 12,000 euros which ranks 58th worldwide. However, it did not fare very well in some tallies like The Economist’s Worldwide Quality-of-Life Index and IMD’s World Competitiveness Yearbook. It ranked 92 out of 111 and 46 out of 60 respectively. Some of the locals however, still need to adjust to the influx of foreigners. A lot of provinces are encouraged to interact with foreign projects with the aim of improving international ties.

Food and Drinks Costs in South Africa

Food and drinks in Africa are moderately priced. One can find really cheap raw products fresh from farms and fields in smaller regions and provinces. Some meat products include goat, deer, boar and beef. There are also exotic goods like alligator and ostrich meat. Seafood is also abundant especially in Cape Town and other coastal areas at very affordable rates. Some of these include oysters, clams, abalone, stingray and sardines. Prices shoot up once food products reach the city due to value-added tax.

It is wiser to buy products from public markets and farmer stalls instead of commercial groceries. Markets usually provide discounts when buying in bulk. Eating out in larger cities is expensive but there are also diners and restaurants that can serve a family of four for fewer than 80 euros. Fruits and vegetables are plenty all year round and a lot of these items are usually readied up for trade and export.

Clothes and Accessories Costs in South Africa

Shopping in South Africa’s big department stores and malls can be quite expensive. There are plenty of designer labels in the city as well as several imported goods from Europe and the United States. Locally made products are cheaper but nevertheless might still be pricey for most expatriates. South Africans spend a lot on clothes. The usual monthly budget on clothing of the average person is between 100 to 200 euros every month.

Trinkets and accessories are manufactured and distributed locally and these are basically affordable. Electronics and cars are imported from Japan and Europe which cost relatively the same as in their place of origin. With the addition of VAT, prices have risen in recent years but quality and service have become better in exchange. Labor costs have also increased which may explain the inflation in consumer goods and accessories.

Housing Costs in South Africa

Most expatriates prefer living in homes with enough space for a yard or a swimming pool. These are expensive in the major cities although there are a few ones up for ownership in suburban regions. Several villages and suburban neighborhoods surround cities like Pretoria and Johannesburg while Cape Town mostly has beach homes and rest houses. The neighborhoods have reasonable rates but owning properties in Cape Town is rather difficult with lengthy processing.

Apartments are also available in the city proper with rental rates ranging from moderate to very expensive. On the average, monthly apartment rates cost around 200 to 300 euros excluding water supply, gas consumption, electricity and telephone services. Most housing costs are relatively free of tax which make up for the VAT included in consumer goods and services. Other South African regions are still underdeveloped and may be too tedious to live in.

Services Costs in South Africa

Telephone services in the major cities are excellent and there are internet service providers as well in different parts. If expatriates stay in populous and developed areas, they will not have any problems since most of the technology is available and communication links are well-maintained. The postal service is also working fairly well although some adjustments are needed in rural areas.

Transportation may be difficult in remote places due to lack of road accessibility and means of travel. A tour around town typically will amount from 6 to 8 euros. The airports are well-maintained as well as other public transportation services like buses and trains. Housing services are available to all locals and expatriates plus several benefits included. Health care is of primary concern at the moment since several potent diseases are in the rise in the past two decades. Overall, hospital facilities are of sound quality and services are excellent.

Education is another characteristic which South Africa is quickly improving in. Public schools are generally subsidized by the government plus several other learning centers are backed up by foreign business owners and philanthropists. There are scholarship grants available widely especially for those in the lower class. Job opportunities are usually provided by respective agencies for the graduates to boost employment rates.

Employment Costs in South Africa

Employment rate is gradually rising and is estimated to be around 92% at present. The government is quickly taking action in encouraging foreign investors and businesses to provide more job opportunities to citizens. Expatriates will also not have any problems as long as their field of expertise falls under construction, health care, commerce, agriculture and trade. These are the aspects which South Africa is aiming to grow stronger at in the next few years.

A lot of people are also becoming educated so the workforce is more capable and versatile than before. Expatriates who own large companies in different sectors of the country are working hand-in-hand with the locals in order to create a more stable and promising economic status.