Frequent question: What does it cost to live in South Africa?

Summary: Family of four estimated monthly costs are 1,912$ (30,923R) without rent. A single person estimated monthly costs are 551$ (8,914R) without rent. Cost of living in South Africa is, on average, 42.98% lower than in United States.

How much money do you need to live in South Africa?

To answer the question – How much do you need to live comfortably in South Africa? You need about R15 000 – R20 000 per month to afford the basics.

How much do you need to earn in South Africa to live comfortably?

If you currently earn R15,000 per month, and apply the 80% rule, you will need at least R12,000 per month after retirement to maintain your current living standard.

What is the average rent in South Africa?

Summary of cost of living in South Africa

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Food
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area R 11,007
Utilities 1 month (heating, electricity, gas …) for 2 people in 85m2 flat R 1,315
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area R 9,261

How much does it cost to live on your own in South Africa?

You should budget at least R5,000 to R13000 a month if you are renting, and R1,300 to R2,000 if you own the place.

What jobs pay the most in South Africa?

List Of The Top Ten Highest Paying Jobs And Careers In South Africa

  • Chartered Accountant.
  • Actuary.
  • Specialist Doctors.
  • Software Engineers.
  • Petroleum Engineers.
  • Management Consultant.
  • Lawyers.
  • Air Traffic Controller.

How much does groceries cost per month in South Africa?

The general cost of groceries in South Africa varies dramatically across different income groups. BFAP suggests that a ‘moderate-cost healthy food basket’ including staple foods, proteins, fruit, and veg, costs about R3,618 per month. Here are some average prices of typical items from Numbeo: One liter of milk – R16.

What is a decent salary in South Africa?

The average income is 36,500 ZAR a month or 438,000 ZAR a year for salaried jobs and 210 ZAR per hour for hourly jobs. These figures are gross, meaning they include housing, transport, and other benefits. This brings the average take-home pay to a lower amount of about 302,328 ZAR yearly.

How much is a loaf of bread in South Africa?

Cost of Living in South Africa

Restaurants Edit
Water (12 oz small bottle) 11.31R
Markets Edit
Milk (regular), (1 gallon) 60.52R
Loaf of Fresh White Bread (1 lb) 12.90R
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What is a good salary in South Africa 2021?

According to these average wage indices reports, the employees’ basic salary/wages shot up from R646. 7 billion in March to R653. 9 billion in June 2021. According to the BankservAfrica Take-Home Pay Index (BTPI) for February 2021, the median wage of a South African resident is around R13,044 per month in 2021.

How much is a Coke in South Africa?

In South Africa, a 2 litre bottle of Coke is R19. 99, translating to US$1.35 at current rates.

Is South Africa a good place to live?

In some regards South Africa is still regarded as an unsafe area to visit and in some areas poverty and crime are still rife. However, provided you exercise due care and caution while living in South Africa, as you should anywhere else in the world, you will generally find that people are friendly and welcoming.

Is South Africa cheaper than America?

If a city has a an index of 120, it means Numbeo estimates it is 20% more expensive than New York (excluding rent). Restaurant prices > McDonalds meal: Combo Meal at McDonalds or Similar.

Definitions.

STAT South Africa United States
Local purchasing power 94.3 Ranked 15th. 128.73 Ranked 2nd. 37% more than South Africa

What is a good salary in South Africa 2020?

The average worker gets paid R21,455 per month (down slightly from R22,395 recorded in Q1 2020), down from R21,796 in the same period in 2019. This equates to approximately R257,460 per year. Total gross earnings paid to employees decreased by R82. 2 billion or (-11,3%) from R729.

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Can of Coke in South Africa?

A standard 300ml can of full-sugar Coca-Cola in South Africa, bought individually at a supermarket, should cost you around R10. Buy it from a restaurant, or via a delivery app, and you can pay up to R30 for the same product. And that same can might have a different price across different chains of the same supermarket.

How much rent can I afford South Africa?

On average, South Africans spend around 30% of their take-home salary on rent. However, there are low-risk candidates who tend towards spending as little as 24% of their income, with higher risk candidates leaning up to spending 33% of their income on rent.