Cost Of Living in Cabinda 2025

Average monthly spending for singles, couples, students, and families in Cabinda

Whether you're living in Cabinda or planning to move there, it is very important to know the cost of living and the prices of things. Here we list the average spending for the four main population groups.

Singles

The average monthly expense for a single person living in Cabinda is 250,000 AOA. Expenses can range from 34,000 AOA at the minimum level to 1.6M AOA at the highest end.

Couples

The average monthly spending of couples in Cabinda is 410,000 AOA. Expenditure can range from 140,000 AOA to 2.2M AOA per month.

Families

The average cost of living for families in Cabinda is 540,000 AOA per month. Families spend anywhere from 190,000 AOA to 3.5M AOA.

Students

The average monthly expenditure for students in Cabinda is 180,000 AOA. Students spend from 27,000 AOA to 1.2M AOA per month.

Debt, loans, and mortgages in Cabinda

Percentage of people who are in debt

According to the survey, 29% of the people in Cabinda have some kind of debt, loan, mortgage, or credit card payments while 71% reported that they don't have financial obligations to banks.

Debt-to-income ratio in Cabinda

Interpretation

The debt-to-income ratio measures the percentage of income being paid as debt settlement across the population. It is calculated by dividing the monthly debt settlement payment of an individual by their monthly income. Based on collected data, approximately 30% of the people's monthly income in Cabinda goes to debt settlement.

Debt levels

Monthly debt settlement payment as percentage of monthly income

According to our data, 4% of the debtors in Cabinda pay 60%+ of their income as debt settlement while 20% of the people pay 50% to 60% of their income for the same, which is quite an alarming financial situation for those individuals. 16% of people in debt dedicate 40% to 50% of their income to loan and mortgage payments while 18% dedicated 30% to 40% of income for same. Things are looking brighter for 8% of individuals as they only pay 20% to 30% of their income for loan and credit card repayment.

Distribution by type of debt in Cabinda

6% of debtors in Cabinda confirm that real estate mortgages constitutes the main part of their outstanding debt while 32% say that credit card payments are the reason they are in debt. Auto loans were the main type of debt for 12% of people and personal loans rose at 45%. Lastly, student loans are the main source of debt for 4% of debtors in Cabinda.

Good debt vs. Bad debt

Not all debt is bad. Good debt typically refers to borrowing money for investments that can increase in value or generate income over time like purchasing a home or acquiring student loans. On the other hand, bad debt involves borrowing for things that fail to generate lasting value like high-interest credit card debt used for non-essential expenses like luxury items or vacations.

Loan Affordability Index in Cabinda

Besides measuring the loan-to-income ratio, we asked residents how many times in a year they defaulted or were unable to pay their due credit card or loan payments on time. Understanding how often people default on their due payments is one of the indicators of the cost of living and economic situation.

Frequency and percentage of people who failed to pay their monthly credit card or loan payments on time last year.

Expenditure to Income Ratio in Cabinda

One of the most definite ways to determine how affordable a place is measuring the ratio of expenses to salary. A high expense-to-income to ratio indicates a high cost-of-living index while a low expenditure-to-salary ratio means the place is affordable to live in.

Expense to income distribution levels

Interpretation and Analysis

The average spending-to-salary ratio in Cabinda is 79% This means that on average, people spend around 79% of their income for living. According to the distribution table, 14% of the population spend approximately 60% to 70% of their income every month.

Individual
71%
Spending-Income-Ratio

---

67%

78%

Couple
75%
Spending-Income-Ratio

---

71%

83%

Family
83%
Spending-Income-Ratio

---

78%

91%

FamilyAverage monthly expenses and break out of spending for families living in Cabinda

Low-cost alternatives in Cabinda

People are always looking for ways to cut down expenses and reduce expenditures. The hallmark of any affordable place is the availability of discount stores, bargain deals, smart or secondhand shopping, refurbished items, and couponing. We asked residents how easily cost-cutting is and the answers were distributed as follows:

Plenty of low-cost options47%

Few low-cost options53%

Based on the survey, 47% of the people living in Cabinda have no problem finding low-cost alternatives to support a frugal lifestyle while 53% think that thriftness is difficult due to scarcity in discount markets and secondhand outlets.

SingleSpending habits, consumption analysis, and expenditure patterns for a single person living in Cabinda

CoupleAverage monthly living expenditure breaks and spending patterns for couples in Cabinda

Saving Challenges in Cabinda

Reasons that make it difficult for people to save money

We wanted to understand what is stopping people from maximizing their savings in Cabinda. Listed below are the answers given by the survey participants.

Around 4% of the people said that their salary is too low to accommodate a portion for savings while 7% said that the high cost of living leaves little room for savings. 11% of the residents said that they are burdened with debt and find it challenging to save money. 12% reported that they just don't have the knowledge or discipline to create and stick to a budget, leading to overspending and an inability to save. 12% blamed impulsive spending as the reason for saving inability. Around 7% said that unexpected expenses like medical bills or car repairs are derailing their savings goals. 5% bluntly said that they don't see the purpose of it and prefer to live each day to the fullest. 22% reported that they understand the value of saving but are putting off saving for the future, thinking they have plenty of time to start later. 14% blamed inflation, saying that every time they save some money they end up using it immediately. A surprising 2% said that social pressure and keeping up with peers or social expectations makes them overspend. Lastly, 2% blamed market instability and price fluctuations.

Monthly costs and expenses of energy and basic utilities in Cabinda

Energy, electricity, water, gas, internet, and mobile cost in Cabinda

Utility Bill Cost / Electricity + Water + Gas / Individual

2,100 AOA

15,000 AOA

98,000 AOA

MINIMUM

AVERAGE

MAXIMUM

$2.4

$17

$120

Utility Bill Cost / Electricity + Water + Gas / Couple

5,400 AOA

18,000 AOA

120,000 AOA

MINIMUM

AVERAGE

MAXIMUM

$6.4

$22

$140

Utility Bill Cost / Electricity + Water + Gas / Family

9,500 AOA

27,000 AOA

180,000 AOA

MINIMUM

AVERAGE

MAXIMUM

$11

$32

$210

Internet and cable cost

2,000 AOA

4,000 AOA

5,300 AOA

MINIMUM

AVERAGE

MAXIMUM

$2.3

$4.7

$6.2

Mobile phone bill and charges

1,600 AOA

2,600 AOA

7,900 AOA

MINIMUM

AVERAGE

MAXIMUM

$1.9

$3.1

$9.3

The average monthly expenditure for individuals on electricty, water, and gas in Cabinda ranges between 2,100 AOA and 98,000 AOA with average being 15,000 AOA, meanwhile the expenditure of couples is slightly higher at 18,000 AOA with 5,400 AOA and 120,000 AOA being the upper and lower limits respectively. As expected, the energy and water consumption of families is the highest among the three groups with an average of 27,000 AOA. The cost of internet and WiFi is unchanged among the three groups and ranges from 2,000 AOA to 5,300 AOA with 4,000 AOA being the average internet bill. Finally, the average monthly mobile charges is around 2,600 AOA but can range between 1,600 AOA and 7,900 AOA depending on consumption. Mobile charges include both calling minutes as well as data packages.

Energy / Utility expense to income ratio

The average utility-to-income ratio in Cabinda is around 6.3%. This means that people pay 6.3% of their income for energy, water, internet, and mobile charges. Those figures can range from 3.6% to 9.8% depending on salary and location.

Housing costs, accommodation, and housing affordability in Cabinda

Rent Cost in Cabinda

Monthly Rent Prices

Studio apartment monthly rent cost

29,000 AOA

44,000 AOA

120,000 AOA

MINIMUM

AVERAGE

MAXIMUM

$35

$52

$140

1-bedroom apartment monthly rent cost

44,000 AOA

70,000 AOA

180,000 AOA

MINIMUM

AVERAGE

MAXIMUM

$52

$83

$210

2-bedroom apartment monthly rent cost

59,000 AOA

88,000 AOA

230,000 AOA

MINIMUM

AVERAGE

MAXIMUM

$69

$100

$280

3-bedroom apartment monthly rent cost

70,000 AOA

120,000 AOA

320,000 AOA

MINIMUM

AVERAGE

MAXIMUM

$83

$140

$380

Furnished apartment monthly rent cost

140,000 AOA

350,000 AOA

700,000 AOA

MINIMUM

AVERAGE

MAXIMUM

$170

$410

$830

Townhouse monthly rent cost

120,000 AOA

180,000 AOA

500,000 AOA

MINIMUM

AVERAGE

MAXIMUM

$140

$210

$590

House monthly rent cost

140,000 AOA

350,000 AOA

700,000 AOA

MINIMUM

AVERAGE

MAXIMUM

$170

$410

$830

Villa monthly rent cost

180,000 AOA

440,000 AOA

700,000 AOA

MINIMUM

AVERAGE

MAXIMUM

$210

$520

$830

The monthly rental cost of a studio apartment in Cabinda ranges between 29,000 AOA and 120,000 AOA, meanwhile the cost of monthly rental of a one-bedroom apartment can be anywhere from 44,000 AOA to 180,000 AOA. Two-bedroom rentals rate ranges between 59,000 AOA and 230,000 AOA per month. The monthly rental for a three-bedroom apartment ranges from 70,000 AOA to 320,000 AOA. The average rent of a townhouse in Cabinda is around 180,000 AOA while house rental costs can be as high as 350,000 AOA per month. Finally, if you want to rent a villa, expect to pay anywhere from 180,000 AOA to 700,000 AOA per month.

Apartment and house prices in Cabinda

Cost of buying a property

Studio apartment price

5.9M AOA

8.8M AOA

18M AOA

MINIMUM

AVERAGE

MAXIMUM

$6,900

$10,000

$21,000

1-bedroom apartment price

7M AOA

12M AOA

44M AOA

MINIMUM

AVERAGE

MAXIMUM

$8,300

$14,000

$52,000

2-bedroom apartment price

12M AOA

35M AOA

70M AOA

MINIMUM

AVERAGE

MAXIMUM

$14,000

$41,000

$83,000

3-bedroom apartment price

39M AOA

59M AOA

180M AOA

MINIMUM

AVERAGE

MAXIMUM

$46,000

$69,000

$210,000

Townhouse price

50M AOA

120M AOA

440M AOA

MINIMUM

AVERAGE

MAXIMUM

$59,000

$140,000

$520,000

House price

59M AOA

350M AOA

500M AOA

MINIMUM

AVERAGE

MAXIMUM

$69,000

$410,000

$590,000

Villa price

70M AOA

390M AOA

590M AOA

MINIMUM

AVERAGE

MAXIMUM

$83,000

$460,000

$690,000

The average price of a studio apartment in Cabinda can range from 5.9M AOA to 18M AOA depending on location. One bedroom cost can be anywhere from 7M AOA to 44M AOA. A villa can cost you 390M AOA on average with prices ranging from 70M AOA to 590M AOA.

House / apartment prices to income ratio

Property prices in Cabinda can be x64 to x163 multiples of the monthly income depending on the property and the income of the person. On average, property prices are approximately x64 multiples of the average monthly salary in Cabinda.

Rent to income ratio

The average rent-to-income ratio in Cabinda is around 24%. This means that people pay 24% of their income for rent. Those figures can range from 15% to 33% depending on the salary, location, and type of property.

Housing affordability index

The housing affordability index measures how affordable accommodation is in a particular place. This can measured in multiple ways, the most common being housing expenditure to total expenditure ratio and the rent to income ratio. The housing expenditure ratio is a figure reported by individuals on the percentage they allocate for housing. Rent to income ratio is calculated by dividing the average monthly rent by the average income. Because these values are both percentages, we can find their average and get the best of the two worlds.

Property Taxes

Real estate owners pay property taxes to local tax authorities, which are determined by the assessed value of their property. Typically, these taxes are paid once a year. Property tax funds contribute to community development, financing infrastructure improvements, public services, and local education initiatives.

Home Maintenance Costs

Home maintenance costs encompass various expenses associated with the upkeep and repair of a residence. These expenditures include regular tasks such as lawn care, pest control, and HVAC system servicing, as well as occasional repairs and renovations like fixing leaks, painting, or replacing appliances.

Urban vs. rural living costs

Urban living typically entails higher housing and transportation costs due to demand and limited space, while rural areas generally offer lower housing expenses but may have higher prices for goods and services. The differnce in rental rates between urban areas and rural areas can be as high as 300% in some cases.

Financial Literacy in

Financial literacy is the knowledge of concepts and principles related to personal finance that allow individuals to make informed decisions regarding their money such as budgeting, saving, investing, borrowing, managing debt, financial risk management, and planning.

Financial Leteracy41%

We asked residents of whether they acquired any adequate personal financial training in their lives. Approximately 59% of the people who participated in the survey said that they are not well informed about the topics of budgeting, saving, etc., and just manage things based on their own experience, while 41% said that they know about the general principles of personal finance from sources other than their own experience.

Difficulty in Budgeting and Financial Planning

We wanted to understand whether residents of have problems or difficulties in managing their expenditures and savings so we asked people one simple question: do you struggle with your personal finances? 57% of the participants reported that they indeed struggle in creating budgets and in organizing their finances while 43% said that they have everything under control.

Struggles with finance57%

Easily manages finances43%

Retirement, pension plans, and life after work in Cabinda

What does the retirement lifestyle look like in Cabinda and how much retirement savings are required?

Retirement age

The retirement age for most employees in is 65 years. Specific retirement ages can vary based on factors like occupation, gender, years of contribution, and location. It is not entirely unlikely for people to retire either before or after this age.

Retirement planning and savings

There are many retirement saving options, some are personally initiated and others are government-sponsered. Regardless of the source of savings, the minimum amount of money that needs to be put aside to ensure a peaceful and comfortable retirement at each age can be found in the table below. This data is largely approximated and can vary drastically based on individual needs and situations. Treat these figures as a general guideline.

Retirement Income Distribution

We asked residents about their retirement income sources and below are the results.

Retirement Monthly Expenses in Cabinda

Financial goals of people in Cabinda

In an attempt to understand the economic situation in Cabinda, we asked participants about their financial targets. By knowing what the population in general is trying to achieve, we can shed light on the economic outlook, cost of living, and quality of life in general.

Around 9% of those who participated in the survey said that their main goal is to establish an emergency fund to cover unexpected expenses while 46% said their number one priority is to pay off high-interest debt or loans and improve credit. 11% of surveyed people confirmed that saving for retirement to ensure a comfortable lifestyle in the final years is their main target. Around 6% reported that their priority is saving for the tuition fees and education costs of their children while 19% choose to buy a home or pay off existing mortgage before other things. 6% of the population would like to build wealth through investments such as stocks, bonds, mutual funds, or real estate. For 5% of people, saving for vacations or upgrading their lifestyle is the number one concern. Approximately 16% of the residents said that saving for healthcare expenses including insurance premiums is their main goal.

Affordable living in Cabinda

Income and cost of living compatibility

We asked residents one simple question and recorded their answers.

Is it affordable or economical to live in Cabinda?

Around 41% of surveyed residents think that living in Cabinda is affordable with proper budgeting while 59% reported that it is just too expensive and not affordable even with frugality and thriftness.

Emergency Funds

An emergency fund is a financial safety net comprised of easily accessible savings set aside to cover unexpected expenses or financial emergencies, typically amounting to three to six months' worth of living expenses. We asked residents whether they have an emergency fund and the answers were as follows.

Yes39%

No62%

Based on the survey, 62% of the people living in Cabinda said that they don't have an emergency fund while 39% said that they do.

A typical and healthy budgeting structure

The 50/30/20 rule

Spending among different people can vary significantly based on factors such as their income, lifestyle, location, and personal preferences. A commonly used guideline for budgeting is the 50/30/20 rule, which suggests allocating your income into three main categories in the following percentages.

• 50% for needs and financial obligations

  This category includes essential expenses like housing, utilities, groceries, transportation, and healthcare.

• 30% for wants and discretionary spending

  This category covers discretionary spending on non-essential items, such as dining out, entertainment, travel, and other lifestyle choices.

• 20% for savings and emergency fund

  This is the percentage that must be allocated to savings, emergency funds, and retirement accounts.

About financial planning, money management, and household budgeting

Food Prices, Dining Expenses, and Grocery Costs in Cabinda

Prices and cost of goods and services in Cabinda

Dining out, food, and beverages costs. Price variations for common food items.

Fast food combo meal price

400 AOA

790 AOA

1,300 AOA

MINIMUM

AVERAGE

MAXIMUM

$0.47

$0.93

$1.6

The average price of a regular combo meal at a fast food outlet or chain like McDonald's, Pizzahut, or KFC in Cabinda is approximatly 790 AOA with meal cost ranging from 400 AOA to 1,300 AOA. The typical combo meal consists of a burger, french fries, and a drink.

Restaurant meal for one price

1,200 AOA

1,900 AOA

3,700 AOA

MINIMUM

AVERAGE

MAXIMUM

$1.5

$2.2

$4.4

If you are planning to have a nice meal at a mid-range restaurant, expect to pay anywhere between 1,200 AOA and 3,700 AOA with 1,900 AOA being the average price of a plate for one person at a regular restaurant in Cabinda.

Fine dining meal for one price

2,500 AOA

3,700 AOA

15,000 AOA

MINIMUM

AVERAGE

MAXIMUM

$2.9

$4.4

$18

The price range of a meal at fine-dining restaurant is 2,500 AOA to 15,000 AOA with the average cost being 3,700 AOA for one person. This is what you would expect to pay a top-tier diner in Cabinda.

Beverage prices, cappuccino, latte etc..

330 AOA

530 AOA

790 AOA

MINIMUM

AVERAGE

MAXIMUM

$0.39

$0.62

$0.93

The average price of a regular beverage like cappuccino or latte at Starbucks, Costa, or similar coffee shops and cafes in Cabinda is around 530 AOA. Price ranges between 330 AOA and 790 AOA depending on the type of beverage, the size, and optional add-ons.

Grocery and market costs

Large bottle of milk price

260 AOA

320 AOA

400 AOA

MINIMUM

AVERAGE

MAXIMUM

$0.31

$0.37

$0.47

The average price of a large bottle of milk in Cabinda is 320 AOA. The maximum what you would pay for milk is 400 AOA and the minimum being 260 AOA depending on the brand of milk and other properties.

12 eggs price

200 AOA

260 AOA

400 AOA

MINIMUM

AVERAGE

MAXIMUM

$0.23

$0.31

$0.47

A dozen eggs costs around 260 AOA on average with 200 AOA and 400 AOA being the lower and upper limits respectively.

Fresh whole chicken price

450 AOA

580 AOA

820 AOA

MINIMUM

AVERAGE

MAXIMUM

$0.53

$0.68

$0.97

The price range of a fresh whole chicken in Cabinda is between 450 AOA and 820 AOA depending on the size of the chicken and whether it is oraganic or not. The average price is approximatly 580 AOA.

Pack of beef price

530 AOA

790 AOA

1,600 AOA

MINIMUM

AVERAGE

MAXIMUM

$0.62

$0.93

$1.9

The price of a regular pack of beef or meat is around 790 AOA. A pack of beef contains around 1Kg or 1lb depending on packing.

Medium bag of rice price

210 AOA

290 AOA

410 AOA

MINIMUM

AVERAGE

MAXIMUM

$0.25

$0.34

$0.48

A bag of rice in Cabinda costs around 290 AOA on average with prices rangeing between 210 AOA and 410 AOA depending on the brand and quality.

Bag of tomatos price

79 AOA

110 AOA

200 AOA

MINIMUM

AVERAGE

MAXIMUM

$0.09

$0.12

$0.23

A bag of tomatoes costs anywhere from 79 AOA to 200 AOA. A bag of tomatoes denotes 1Kg or 1lb depending on location.

Bag of apples price

140 AOA

180 AOA

300 AOA

MINIMUM

AVERAGE

MAXIMUM

$0.17

$0.22

$0.36

A bag of apples costs 180 AOA on average. A bag of apples denotes 1Kg or 1lb depending on location.

Grocery and food expenditure to income ratio

The average grocery-to-income ratio in Cabinda is around 25%. This means that people spend 25% of their income on grocery and basic household items. The expenditure can range from 18% to 30% depending on salary and location.

Expenditure on food and grocery for every population group

A single person living alone spends approximately 39,000 AOA per month on grocery and food with expenditure fluctuating between 5,500 AOA and 260,000 AOA depending on location and the type of person. The average cost of food and groceries for a couple is around 57,000 AOA per month. That number can be get as low as 19,000 AOA or a high as 310,000 AOA. Families' spending on grocery ranges from 34,000 AOA to 640,000 AOA with the location, income, and size of the family being the most determinite factors.

How do people spend their money in Cabinda?

We asked thousands of people about their spending habits and expenditure breaks. Below are their answers.

People living in Cabinda typically spend from 11% to 30% of their total monthly expenditure on housing with 22% being the average. The average spend on housing is 110,000 AOA with expenditure ranging from 8,200 AOA to 1.1M AOA. This cost mainly goes for rent but it also includes other accommodation-related expenses. Housing costs are highest for families and lowest for students as expected.

Utility expenditure like electricity, water, and gas in Cabinda ranges from 5% to 12% of total expenses with 8% being the average. The average monthly cost of utilities is 18,000 AOA with 1,400 AOA and 180,000 AOA being the upper and lower limits.

Fuel consumption and cost of transport depend heavily on whether you live near your work or school, but roughly speaking you would expect to spend from 2,700 AOA to 350,000 AOA on commuting with 35,000 AOA being the norm for most people in one month. This means that money spent on transport constitutes about 6% of total spending on average but can go as low as 3% or as high as 10%.

The average outlay on groceries in a month in Cabinda is 89,000 AOA. The cost of groceries can range between 6,800 AOA to 890,000 AOA. People spend on average about 29% on food and groceries with upper and lower bounds of 21% and 35% respectively.

People in Cabinda allocate 6% to 14% of their total monthly expenditure to healthcare including health insurance and out-of-pocket medical expenses. The average spending is around 11%. The range of medical expenses range from 1,900 AOA to 250,000 AOA with 25,000 AOA being the norm.

This category mostly contains discretionary or non-essential expenses but also some non-discretionary spending like furniture for example. The monthly expenses range from 1,100 AOA to 140,000 AOA with 14,000 AOA being the average. Speaking of percentages, that equates to 2% to 8% of total expenses with an average of 4% for most residents.

Spending on education can vary drastically between different people. While working singles can spend 0% on education, families and students' expenditure can reach up to 22%. On average, education constitutes 5% of the monthly expenditure with 3% and 11% being the lower and upper bounds respectively. The average reported education cost is 21,000 AOA per month with 1,600 AOA being the minimum spent amount and 210,000 AOA being the maximum.

Typical saving choices for people in Cabinda

Where do people choose to put their savings?

How much money can you save in Cabinda every month?

We asked thousands of people what percentage of their income can they save in a month. Below are the answers.

What percentage of people in Cabinda manage to save money from their income every month?

Almost 47% of the surveyed people in Cabinda said that they can save some money at the end of each month while 54% said that aren't saving anything.

Percentage of people saving money by population group in Cabinda

Saving to Income Ratio

Average Monthly Saved Amount

For most people, 5.4% to 23% of their monthly income is what they can allocate to their savings, with 9.8% being the average. The amount of money that people can save is approximately 100,000 AOA on average with savings ranging from 8,000 AOA to 1M AOA.

51% of surveyed singles reported some of their income going to savings while 47% of couples said the same. 42% of families confirmed their ability to save money.

How much money do people actually save in Cabinda?

Singles

Saving to Income Ratio

Average Monthly Saved Amount

Savings to income distribution levels for singles

Interpretation and Analysis

Singles who can afford to save reported that they allocate from 8.1% to 25% of their monthly income to savings, with 13% being the average for most singles. The average amount of money that singles are able to save is 72,000 AOA with 8,000 AOA and 480,000 AOA being the minimum and maximum respectively.

Couples

Saving to Income Ratio

Average Monthly Saved Amount

Savings to income distribution levels for couples

Interpretation and Analysis

Couples who confirmed their ability to save reported saving equivalent to 6.3% to 24% of their monthly income, with 12% being the average for most couples. The average amount of money that couples can save is 120,000 AOA with 40,000 AOA and 640,000 AOA being the minimum and maximum respectively.

Families

Saving to Income Ratio

Average Monthly Saved Amount

Savings to income distribution levels for families

Interpretation and Analysis

Families in Cabinda can save anywhere between 5.4% to 22% of their monthly income, with 9.8% being the average for most families. The average amount of money that families can put aside is 160,000 AOA with 56,000 AOA and 1M AOA being the minimum and maximum respectively.

StudentCost of living and expenses break down for students living in Cabinda