Cost Of Living in Congo Democratic Republic 2024
Average monthly spending for singles, couples, students, and families in Congo Democratic Republic
Whether you're living in Congo Democratic Republic 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.
Average Monthly Expenditure
Currency: CDF
Monthly Expenditure ▶ Single
Currency: CDF
Monthly Expenditure ▶ Couple
Currency: CDF
Monthly Expenditure ▶ Family
Currency: CDF
Monthly Expenditure ▶ Student
Currency: CDF
The figures displayed here are inclusive of everything: housing, travel, groceries, healthcare, etc.
Singles
The average monthly expense for a single person living in Congo Democratic Republic is 330,000 CDF. Expenses can range from 47,000 CDF at the minimum level to 2.2M CDF at the highest end.
Couples
The average monthly spending of couples in Congo Democratic Republic is 560,000 CDF. Expenditure can range from 190,000 CDF to 3M CDF per month.
Families
The average cost of living for families in Congo Democratic Republic is 740,000 CDF per month. Families spend anywhere from 260,000 CDF to 4.8M CDF.
Students
The average monthly expenditure for students in Congo Democratic Republic is 250,000 CDF. Students spend from 37,000 CDF to 1.7M CDF per month.
Spending behavior can change drastically from one person to another. It is best to consider the minimum, average, and maximum spending together.
Prices and cost of goods and services in Congo Democratic Republic
Dining, food, and beverages costs
Fast food combo meal
480 CDF | 950 CDF | 1,600 CDF |
Restaurant meal for one
1,600 CDF | 2,400 CDF | 4,800 CDF |
Fine dining meal for one
3,200 CDF | 4,800 CDF | 19,000 CDF |
Cappuccino or latte
Grocery and market costs
Milk large bottle
12 eggs
Fresh whole chicken
Pack of beef
630 CDF | 950 CDF | 1,900 CDF |
Medium bag of rice
Bag of tomatos
Bag of apples
Commute, travel, and transportation costs
20 minutes taxi ride
Average car full tank
2,400 CDF | 3,200 CDF | 6,300 CDF |
Average car 1-day rental
2,400 CDF | 3,200 CDF | 4,800 CDF |
Average car price
1.2M CDF | 2.4M CDF | 3.2M CDF |
Bus ticket one way
Car Service
3,200 CDF | 4,800 CDF | 9,500 CDF |
Utility cost (monthly)
Utility Bill - Individual
2,800 CDF | 20,000 CDF | 130,000 CDF |
Utility Bill - Couple
7,400 CDF | 25,000 CDF | 160,000 CDF |
Utility Bill - Family
13,000 CDF | 37,000 CDF | 240,000 CDF |
Internet and cable
2,400 CDF | 4,800 CDF | 6,300 CDF |
Mobile phone charges
1,900 CDF | 3,200 CDF | 9,500 CDF |
Leisure and activities costs
Movie ticket
1,200 CDF | 1,600 CDF | 2,400 CDF |
One month gym membership
3,800 CDF | 4,800 CDF | 9,500 CDF |
Cloths and accessories costs
Pair of jeans or pants
2,800 CDF | 4,000 CDF | 6,000 CDF |
Woman dress
2,600 CDF | 3,700 CDF | 12,000 CDF |
Woman shoes
2,500 CDF | 3,400 CDF | 7,900 CDF |
Men's shoes
2,200 CDF | 2,600 CDF | 5,300 CDF |
Men suit
2,400 CDF | 3,000 CDF | 16,000 CDF |
Regular t-shirt
1,200 CDF | 1,600 CDF | 4,800 CDF |
Housing costs / monthly rent
Studio apartment
40,000 CDF | 60,000 CDF | 160,000 CDF |
1-bedroom apartment
60,000 CDF | 95,000 CDF | 240,000 CDF |
2-bedroom apartment
79,000 CDF | 120,000 CDF | 320,000 CDF |
Housing costs / Buying
Studio apartment
1-bedroom apartment
2-bedroom apartment
Furniture Costs
King Size Bed
48,000 CDF | 60,000 CDF | 79,000 CDF |
Double Bed
32,000 CDF | 48,000 CDF | 60,000 CDF |
Single Bed
28,000 CDF | 37,000 CDF | 48,000 CDF |
Living Room
53,000 CDF | 68,000 CDF | 240,000 CDF |
Dining Table
24,000 CDF | 32,000 CDF | 60,000 CDF |
Sofa or Couch
32,000 CDF | 43,000 CDF | 95,000 CDF |
Electronics and House Appliance Costs
TV Set
32,000 CDF | 48,000 CDF | 95,000 CDF |
Fridge or Freezer
28,000 CDF | 43,000 CDF | 60,000 CDF |
Washing Machine
37,000 CDF | 53,000 CDF | 95,000 CDF |
Stove or Cooker
34,000 CDF | 43,000 CDF | 60,000 CDF |
Mobile Phone
40,000 CDF | 48,000 CDF | 68,000 CDF |
Laptop or Computer
43,000 CDF | 53,000 CDF | 95,000 CDF |
Expenditure to Income Ratio in Congo Democratic Republic
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.
Spending to Income Ratio
87%
80% to 95%
( expenditure / income ) x 100
Expense to income distribution levels
Spending To Income Ratio | % People |
---|
< 50% | 4% |
50% - 60% | 9% |
60% - 70% | 15% |
70% - 80% | 25% |
80% - 90% | 20% |
90% - 100% | 11% |
100% - 110% | 6% |
110% - 120% | 4% |
120% - 130% | 3% |
130% - 140% | 2% |
> 140% | 2% |
Interpretation and Analysis
The average spending-to-salary ratio in Congo Democratic Republic is 87%
This means that on average, people spend around 87% of their income for living.
According to the distribution table, 15% of the population spend approximately 60% to 70% of their income every month.
How can spending be more than income?
A value higher than 100% means that the expenditure of those people is higher than their income. They are spending more than what they earn. This is possible in two scenarios. They are either borrowing from their savings to survive or they are borrowing from other sources (relatives, friends, banks, etc.). More about this in the debt section.
Individual
78%
Spending-Income-Ratio
72%
86%
Couple
83%
Spending-Income-Ratio
76%
90%
Family
91%
Spending-Income-Ratio
84%
100%
How do people spend their money in Congo Democratic Republic?
We asked thousands of people about their spending habits and expenditure breaks. Below are their answers.
The percentage figures in this section are percentages of total spending not income. If you would like to see the percentage of expenses as related to income or salary, see other sections.
Housing Expenditure24%
24% of total expenses on average (13% to 32%)
LOW | $4 11,000 CDF |
AVERAGE | $52 140,000 CDF |
HIGH | $520 1.4M CDF |
| Per Month |
People living in Congo Democratic Republic typically spend from 13% to 32% of their total monthly expenditure on housing with 24% being the average. The average spend on housing is 140,000 CDF with expenditure ranging from 11,000 CDF to 1.4M CDF. 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.
Utilities, Electricity, Water, Internet, Mobile7%
7% of total expenses on average (4% to 11%)
LOW | $0.67 1,900 CDF |
AVERAGE | $8.7 24,000 CDF |
HIGH | $87 240,000 CDF |
| Per Month |
Utility expenditure like electricity, water, and gas in Congo Democratic Republic ranges from 4% to 11% of total expenses with 7% being the average. The average monthly cost of utilities is 24,000 CDF with 1,900 CDF and 240,000 CDF being the upper and lower limits.
Transport, Fuel, Commute7%
7% of total expenses on average (3% to 11%)
LOW | $1.3 3,700 CDF |
AVERAGE | $17 48,000 CDF |
HIGH | $170 480,000 CDF |
| Per Month |
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 3,700 CDF to 480,000 CDF on commuting with 48,000 CDF being the norm for most people in one month. This means that money spent on transport constitutes about 7% of total spending on average but can go as low as 3% or as high as 11%.
Food and Groceries Cost28%
28% of total expenses on average (20% to 34%)
LOW | $3.4 9,300 CDF |
AVERAGE | $44 120,000 CDF |
HIGH | $440 1.2M CDF |
| Per Month |
The average outlay on groceries in a month in Congo Democratic Republic is 120,000 CDF. The cost of groceries can range between 9,300 CDF to 1.2M CDF. People spend on average about 28% on food and groceries with upper and lower bounds of 20% and 34% respectively.
Healthcare and Medical Services10%
10% of total expenses on average (5% to 13%)
LOW | $0.94 2,600 CDF |
AVERAGE | $12 34,000 CDF |
HIGH | $120 340,000 CDF |
| Per Month |
People in Congo Democratic Republic allocate 5% to 13% of their total monthly expenditure to healthcare including health insurance and out-of-pocket medical expenses. The average spending is around 10%. The range of medical expenses range from 2,600 CDF to 340,000 CDF with 34,000 CDF being the norm.
Leisure and Shopping5%
5% of total expenses on average (2% to 9%)
LOW | $0.54 1,500 CDF |
AVERAGE | $7 19,000 CDF |
HIGH | $70 190,000 CDF |
| Per Month |
This category mostly contains discretionary or non-essential expenses but also some non-discretionary spending like furniture for example. The monthly expenses range from 1,500 CDF to 190,000 CDF with 19,000 CDF being the average. Speaking of percentages, that equates to 2% to 9% of total expenses with an average of 5% for most residents.
Education and Schooling5%
5% of total expenses on average (3% to 11%)
LOW | $0.80 2,200 CDF |
AVERAGE | $10 29,000 CDF |
HIGH | $100 290,000 CDF |
| Per Month |
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 29,000 CDF per month with 2,200 CDF being the minimum spent amount and 290,000 CDF being the maximum.
Other Expenses14%
14% of total expenses on average (9% to 21%)
LOW | $1.7 4,800 CDF |
AVERAGE | $23 63,000 CDF |
HIGH | $230 630,000 CDF |
| Per Month |
How much money can you save in Congo Democratic Republic 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 Congo Democratic Republic manage to save money from their income every month?
Almost 55% of the surveyed people in Congo Democratic Republic said that they can save some money at the end of each month while 45% said that aren't saving anything.
Percentage of people saving money by population group in Congo Democratic Republic
Group | Savers | Non Savers |
---|
Singles | 55% | 45% |
Couples | 50% | 50% |
Families | 45% | 55% |
Savings-to-Income Ratio
The savings-to-income ratio is measured as the percentage of income that people save over a specific period and it is simply calculated by dividing the saved money by total income and then multiplying the result by 100. (Savings / Income) x 100.
Saving to Income Ratio
Average Monthly Saved Amount
10,000 CDF $3.8 | 140,000 CDF $49 | 1.4M CDF $490 |
For most people, 10% to 30% of their monthly income is what they can allocate to their savings, with 17% being the average. The amount of money that people can save is approximately 140,000 CDF on average with savings ranging from 10,000 CDF to 1.4M CDF.
55% of surveyed singles reported some of their income going to savings while 50% of couples said the same. 45% of families confirmed their ability to save money.
How much money do people actually save in Congo Democratic Republic?
The amount of money that people can afford to save depends hugely on their income. It is better to focus on the percentage when trying to understand saving patterns.
Singles
Saving to Income Ratio
Average Monthly Saved Amount
10,000 CDF $3.8 | 94,000 CDF $34 | 630,000 CDF $230 |
Savings to income distribution levels for singles
Saving To Income Ratio | % Singles |
---|
0% - 10% | 31% |
10% - 20% | 24% |
20% - 30% | 16% |
30% - 40% | 14% |
40% - 50% | 11% |
> 50% | 4% |
Interpretation and Analysis
Singles who can afford to save reported that they allocate from 13% to 32% of their monthly income to savings, with 21% being the average for most singles. The average amount of money that singles are able to save is 94,000 CDF with 10,000 CDF and 630,000 CDF being the minimum and maximum respectively.
Couples
Saving to Income Ratio
Average Monthly Saved Amount
52,000 CDF $19 | 160,000 CDF $57 | 840,000 CDF $300 |
Savings to income distribution levels for couples
Saving To Income Ratio | % Couples |
---|
0% - 10% | 35% |
10% - 20% | 26% |
20% - 30% | 19% |
30% - 40% | 9% |
40% - 50% | 8% |
> 50% | 3% |
Interpretation and Analysis
Couples who confirmed their ability to save reported saving equivalent to 11% to 31% of their monthly income, with 19% being the average for most couples. The average amount of money that couples can save is 160,000 CDF with 52,000 CDF and 840,000 CDF being the minimum and maximum respectively.
Families
Saving to Income Ratio
Average Monthly Saved Amount
73,000 CDF $26 | 210,000 CDF $75 | 1.4M CDF $490 |
Savings to income distribution levels for families
Saving To Income Ratio | % Families |
---|
0% - 10% | 38% |
10% - 20% | 29% |
20% - 30% | 20% |
30% - 40% | 6% |
40% - 50% | 5% |
> 50% | 2% |
Interpretation and Analysis
Families in Congo Democratic Republic can save anywhere between 9% to 28% of their monthly income, with 16% being the average for most families. The average amount of money that families can put aside is 210,000 CDF with 73,000 CDF and 1.4M CDF being the minimum and maximum respectively.
Saving Challenges in Congo Democratic Republic
Reasons that make it difficult for people to save money
We wanted to understand what is stopping people from maximizing their savings in Congo Democratic Republic. Listed below are the answers given by the survey participants.
Reason | % People |
---|
Low Income | 5% |
High Expenses | 8% |
Debt and Loans | 14% |
Lack of Budgeting Skills | 11% |
Impulsive Spending | 11% |
Financial Emergencies | 7% |
Living the moment | 6% |
Will do it later | 20% |
Inflation | 13% |
Social Pressure | 3% |
Market Instability | 2% |
Around 5% of the people said that their salary is too low to accommodate a portion for savings while 8% said that the high cost of living leaves little room for savings. 14% of the residents said that they are burdened with debt and find it challenging to save money. 11% 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. 11% 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. 6% bluntly said that they don't see the purpose of it and prefer to live each day to the fullest. 20% 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. 13% blamed inflation, saying that every time they save some money they end up using it immediately. A surprising 3% said that social pressure and keeping up with peers or social expectations makes them overspend. Lastly, 2% blamed market instability and price fluctuations.
Typical saving choices for people in Congo Democratic Republic
Where do people choose to put their savings?
Saving Type | % People |
---|
Emergency Funds | 12% |
Gold | 13% |
Savings Accounts | 17% |
Retirement Accounts | 10% |
Cash Savings | 20% |
Real Estate | 9% |
Investment | 5% |
Stocks | 4% |
Bonds | 5% |
Mutual Funds | 2% |
Certificates of Deposit | 3% |
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
The 50/30/20 rule is used as a general guideline but may not be the best choice for all people. There are in fact many budgeting plans out there like the 70/20/10 and the 60/20/20 rules, all claiming to be the best. More important than all of this is to establish financial discipline by creating a budget tailored to your specific financial goals and situation. It is very important that your financial outflow be less than your income to maintain a healthy cash flow.
Affordable living in Congo Democratic Republic
Income and cost of living compatibility
We asked residents one simple question and recorded their answers.
Is it affordable or economical to live in Congo Democratic Republic?
Around 45% of surveyed residents think that living in Congo Democratic Republic is affordable with proper budgeting while 55% reported that it is just too expensive and not affordable even with frugality and thriftness.
Low-cost alternatives in Congo Democratic Republic
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 options55%
Few low-cost options45%
Based on the survey, 55% of the people living in Congo Democratic Republic have no problem finding low-cost alternatives to support a frugal lifestyle while 45% think that thriftness is difficult due to scarcity in discount markets and secondhand outlets.
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 of Congo Democratic Republic whether they have an emergency fund and the answers were as follows.
Yes45%
No55%
Based on the survey, 55% of the people living in Congo Democratic Republic said that they don't have an emergency fund while 45% said that they do.
Financial Literacy in Congo Democratic Republic
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 Leteracy40%
We asked residents of Congo Democratic Republic whether they acquired any adequate personal financial training in their lives. Approximately 60% 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 40% 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 Congo Democratic Republic have problems or difficulties in managing their expenditures and savings so we asked people one simple question: do you struggle with your personal finances? 50% of the participants reported that they indeed struggle in creating budgets and in organizing their finances while 50% said that they have everything under control.
Struggles with finance50%
Easily manages finances50%
Financial goals of people in Congo Democratic Republic
In an attempt to understand the economic situation in Congo Democratic Republic, 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.
Financial Goal | % People |
---|
Emergency Fund | 8% |
Debt Reduction | 42% |
Retirement Savings | 10% |
Education Funding | 7% |
Homeownership | 18% |
Investing | 7% |
Travel or Lifestyle | 7% |
Healthcare Expenses | 13% |
Financial Independence | 5% |
Around 8% of those who participated in the survey said that their main goal is to establish an emergency fund to cover unexpected expenses while 42% said their number one priority is to pay off high-interest debt or loans and improve credit. 10% of surveyed people confirmed that saving for retirement to ensure a comfortable lifestyle in the final years is their main target. Around 7% reported that their priority is saving for the tuition fees and education costs of their children while 18% choose to buy a home or pay off existing mortgage before other things. 7% of the population would like to build wealth through investments such as stocks, bonds, mutual funds, or real estate. For 7% of people, saving for vacations or upgrading their lifestyle is the number one concern. Approximately 13% of the residents said that saving for healthcare expenses including insurance premiums is their main goal.
Retirement, pension plans, and life after work in Congo Democratic Republic
What does the retirement lifestyle look like in Congo Democratic Republic and how much retirement savings are required?
Retirement age
The retirement age for most employees in Congo Democratic Republic 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.
The typical saved amount of money you should have at every age as multiples of monthly salary:Age | Amount |
---|
25 | 5x monthly salary at age 25 |
30 | 10x monthly salary at age 30 |
35 | 15x monthly salary at age 35 |
40 | 25x monthly salary at age 40 |
45 | 32x monthly salary at age 45 |
50 | 48x monthly salary at age 50 |
55 | 56x monthly salary at age 55 |
60 | 64x monthly salary at age 60 |
65 | 78x monthly salary at age 65 |
The typical average saved amount of money you should have at every age in Congo Democratic Republic:Age | Amount |
---|
25 | 1.2M CDF |
30 | 2.5M CDF |
35 | 4.3M CDF |
40 | 6.2M CDF |
45 | 9.3M CDF |
50 | 13M CDF |
55 | 15M CDF |
60 | 19M CDF |
65 | 23M CDF |
Retirement Income Distribution
We asked residents of Congo Democratic Republic about their retirement income sources and below are the results.
Source | % People |
---|
Pensions | 12% |
Savings | 23% |
Investments | 12% |
Social Security | 7% |
Annuities | 7% |
Part-time Job | 14% |
Real Estate | 18% |
Dividends and Interest | 7% |
Retirement Monthly Expenses in Congo Democratic Republic 28,000 CDF $10 | 250,000 CDF $90 | 1.7M CDF $600 |
Debt, loans, and mortgages in Congo Democratic Republic
Percentage of people who are in debt
According to the survey, 28% of the people in Congo Democratic Republic have some kind of debt, loan, mortgage, or credit card payments while 72% reported that they don't have financial obligations to banks.
Debt-to-income ratio in Congo Democratic Republic
Debt to income ratio
32%
24% to 40%
( monthly debt payment / monthly income ) x 100
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 32% of the people's monthly income in Congo Democratic Republic goes to debt settlement.
Debt levels23>Monthly debt settlement payment as percentage of monthly income
Debt-to-income ratio | % People |
> 60% | 3% |
50% - 60% | 17% |
40% - 50% | 14% |
30% - 40% | 16% |
20% - 30% | 11% |
10% - 20% | 13% |
0% - 10% | 26% |
According to our data, 3% of the debtors in Congo Democratic Republic pay 60%+ of their income as debt settlement while 17% of the people pay 50% to 60% of their income for the same, which is quite an alarming financial situation for those individuals. 14% of people in debt dedicate 40% to 50% of their income to loan and mortgage payments while 16% dedicated 30% to 40% of income for same. Things are looking brighter for 11% of individuals as they only pay 20% to 30% of their income for loan and credit card repayment.
Distribution by type of debt in Congo Democratic Republic
Debt | % People |
Real Estate Mortgage | 9% |
Auto Loan | 16% |
Student Loan | 4% |
Credit Card | 29% |
Personal Loan | 42% |
9% of debtors in Congo Democratic Republic confirm that real estate mortgages constitutes the main part of their outstanding debt while 29% say that credit card payments are the reason they are in debt. Auto loans were the main type of debt for 16% of people and personal loans rose at 42%. Lastly, student loans are the main source of debt for 4% of debtors in Congo Democratic Republic.
About credit score and debt managementManaging debt is a critical aspect of maintaining a favorable credit score. Debt reduction is the first thing you should do improve your financial situation. Getting rid of debt takes precedence over saving money because of interest rates.
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 Congo Democratic Republic
Besides measuring the loan-to-income ratio, we asked residents of Congo Democratic Republic 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.
Frequency | % People |
Never | 51% |
Once a year | 24% |
Twice a year | 12% |
Three times a year | 9% |
Four times a year | 4% |
Housing costs, accommodation, and housing affordability in Congo Democratic Republic
Rental costs and house/apartment prices can vary drastically between different areas and locations.
Rent Cost in Congo Democratic Republic
Monthly Rent Prices
Studio apartment monthly rent cost
40,000 CDF | 60,000 CDF | 160,000 CDF |
1-bedroom apartment monthly rent cost
60,000 CDF | 95,000 CDF | 240,000 CDF |
2-bedroom apartment monthly rent cost
79,000 CDF | 120,000 CDF | 320,000 CDF |
3-bedroom apartment monthly rent cost
95,000 CDF | 160,000 CDF | 430,000 CDF |
Furnished apartment monthly rent cost
190,000 CDF | 480,000 CDF | 950,000 CDF |
Townhouse monthly rent cost
160,000 CDF | 240,000 CDF | 680,000 CDF |
House monthly rent cost
190,000 CDF | 480,000 CDF | 950,000 CDF |
Villa monthly rent cost
240,000 CDF | 600,000 CDF | 950,000 CDF |
The monthly rental cost of a studio apartment in Congo Democratic Republic ranges between 40,000 CDF and 160,000 CDF, meanwhile the cost of monthly rental of a one-bedroom apartment can be anywhere from 60,000 CDF to 240,000 CDF. Two-bedroom rentals rate ranges between 79,000 CDF and 320,000 CDF per month. The monthly rental for a three-bedroom apartment ranges from 95,000 CDF to 430,000 CDF. The average rent of a townhouse in Congo Democratic Republic is around 240,000 CDF while house rental costs can be as high as 480,000 CDF per month. Finally, if you want to rent a villa, expect to pay anywhere from 240,000 CDF to 950,000 CDF per month.
Apartment and house prices in Congo Democratic Republic
Cost of buying a property
Studio apartment price
1-bedroom apartment price
2-bedroom apartment price
3-bedroom apartment price
Townhouse price
68M CDF | 160M CDF | 600M CDF |
House price
79M CDF | 480M CDF | 680M CDF |
$29,000 | $170,000 | $250,000 |
Villa price
95M CDF | 530M CDF | 790M CDF |
$34,000 | $190,000 | $290,000 |
The average price of a studio apartment in Congo Democratic Republic can range from 7.9M CDF to 24M CDF depending on location. One bedroom cost can be anywhere from 9.5M CDF to 60M CDF. A villa can cost you 530M CDF on average with prices ranging from 95M CDF to 790M CDF.
If you're leasing or purchasing, housing costs in Congo Democratic Republic will probably constitute your biggest expenditure, yet it's an area where you wield considerable influence. This is due to the substantial variance in housing prices across communities. Keep in mind the location of your workplace and the accessibility of essential amenities to prevent negating the savings from lower rental rates with increased transportation expenses.
House / apartment prices to income ratio
Property price to income ratio
( average property price / average monthly income ) x 100
31 | x88 monthly income | 193 |
Property prices in Congo Democratic Republic can be x88 to x193 multiples of the monthly income depending on the property and the income of the person. On average, property prices are approximately x88 multiples of the average monthly salary in Congo Democratic Republic.
Rent to income ratio
Rent to income ratio
( monthly rental / monthly income ) x 100
The average rent-to-income ratio in Congo Democratic Republic is around 29%. This means that people pay 29% of their income for rent. Those figures can range from 19% to 39% depending on the salary, location, and type of property.
The housing-to-income ratio is a very important metric to evaluate and measure how affordable living is in a particular area, city, or country since housing comprises the biggest chunk of expenditure. A higher housing to income ratio means that the place is relatively expensive. The figure by itself does tell much. It only starts to make sense when comparing the housing to income ratio across different locations.
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.
Housing Affordability Index
27% 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.
740 CDF | 9,700 CDF | 97,000 CDF |
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.
Monthly costs and expenses of energy and basic utilities in Congo Democratic Republic
Utilities expenditure can vary slightly between different areas and locations.
Energy, electricity, water, gas, internet, and mobile cost in Congo Democratic Republic
Utility Bill Cost / Electricity + Water + Gas / Individual
2,800 CDF | 20,000 CDF | 130,000 CDF |
Utility Bill Cost / Electricity + Water + Gas / Couple
7,400 CDF | 25,000 CDF | 160,000 CDF |
Utility Bill Cost / Electricity + Water + Gas / Family
13,000 CDF | 37,000 CDF | 240,000 CDF |
Internet and cable cost
2,400 CDF | 4,800 CDF | 6,300 CDF |
Mobile phone bill and charges
1,900 CDF | 3,200 CDF | 9,500 CDF |
Because most utility bills club electricity, water, and gas costs in one bill, we can't provide a breakup for each type of utility and will display electricity, gas, and water as single cost.
The average monthly expenditure for individuals on electricty, water, and gas in Congo Democratic Republic ranges between 2,800 CDF and 130,000 CDF with average being 20,000 CDF, meanwhile the expenditure of couples is slightly higher at 25,000 CDF with 7,400 CDF and 160,000 CDF 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 37,000 CDF. The cost of internet and WiFi is unchanged among the three groups and ranges from 2,400 CDF to 6,300 CDF with 4,800 CDF being the average internet bill. Finally, the average monthly mobile charges is around 3,200 CDF but can range between 1,900 CDF and 9,500 CDF depending on consumption. Mobile charges include both calling minutes as well as data packages.
Energy / Utility expense to income ratio
( monthly utility expenses / monthly income ) x 100
The average utility-to-income ratio in Congo Democratic Republic is around 6%. This means that people pay 6% of their income for energy, water, internet, and mobile charges. Those figures can range from 3% to 10% depending on salary and location.
Food Prices, Dining Expenses, and Grocery Costs in Congo Democratic Republic
Grocery / Food expenditure and prices can vary drastically between different areas and locations.
Prices and cost of goods and services in Congo Democratic Republic
Dining out, food, and beverages costs. Price variations for common food items.
Fast food combo meal price
480 CDF | 950 CDF | 1,600 CDF |
The average price of a regular combo meal at a fast food outlet or chain like McDonald's, Pizzahut, or KFC in Congo Democratic Republic is approximatly 950 CDF with meal cost ranging from 480 CDF to 1,600 CDF. The typical combo meal consists of a burger, french fries, and a drink.
Restaurant meal for one price
1,600 CDF | 2,400 CDF | 4,800 CDF |
If you are planning to have a nice meal at a mid-range restaurant, expect to pay anywhere between 1,600 CDF and 4,800 CDF with 2,400 CDF being the average price of a plate for one person at a regular restaurant in Congo Democratic Republic.
Fine dining meal for one price
3,200 CDF | 4,800 CDF | 19,000 CDF |
The price range of a meal at fine-dining restaurant is 3,200 CDF to 19,000 CDF with the average cost being 4,800 CDF for one person. This is what you would expect to pay a top-tier diner in Congo Democratic Republic.
Beverage prices, cappuccino, latte etc..
The average price of a regular beverage like cappuccino or latte at Starbucks, Costa, or similar coffee shops and cafes in Congo Democratic Republic is around 630 CDF. Price ranges between 400 CDF and 950 CDF depending on the type of beverage, the size, and optional add-ons.
Grocery and market costs
Large bottle of milk price
The average price of a large bottle of milk in Congo Democratic Republic is 380 CDF. The maximum what you would pay for milk is 480 CDF and the minimum being 320 CDF depending on the brand of milk and other properties.
12 eggs price
A dozen eggs costs around 320 CDF on average with 240 CDF and 480 CDF being the lower and upper limits respectively.
Fresh whole chicken price
The price range of a fresh whole chicken in Congo Democratic Republic is between 540 CDF and 990 CDF depending on the size of the chicken and whether it is oraganic or not. The average price is approximatly 700 CDF.
Pack of beef price
630 CDF | 950 CDF | 1,900 CDF |
The price of a regular pack of beef or meat is around 950 CDF. A pack of beef contains around 1Kg or 1lb depending on packing.
Medium bag of rice price
A bag of rice in Congo Democratic Republic costs around 350 CDF on average with prices rangeing between 260 CDF and 500 CDF depending on the brand and quality.
Bag of tomatos price
A bag of tomatoes costs anywhere from 95 CDF to 240 CDF. A bag of tomatoes denotes 1Kg or 1lb depending on location.
Bag of apples price
A bag of apples costs 220 CDF on average. A bag of apples denotes 1Kg or 1lb depending on location.
Grocery and food expenditure to income ratio
( monthly grocery expenses / monthly income ) x 100
The average grocery-to-income ratio in Congo Democratic Republic is around 27%. This means that people spend 27% of their income on grocery and basic household items. The expenditure can range from 19% to 33% depending on salary and location.
Expenditure on food and grocery for every population group
A single person living alone spends approximately 54,000 CDF per month on grocery and food with expenditure fluctuating between 7,500 CDF and 360,000 CDF depending on location and the type of person. The average cost of food and groceries for a couple is around 78,000 CDF per month. That number can be get as low as 26,000 CDF or a high as 420,000 CDF. Families' spending on grocery ranges from 47,000 CDF to 870,000 CDF with the location, income, and size of the family being the most determinite factors.
SingleSpending habits, consumption analysis, and expenditure patterns for a single person living in Congo Democratic Republic
Housing cost for a single person30%
30% of total expenses on average (18% to 42%)
LOW | $6.1 17,000 CDF |
AVERAGE | $43 120,000 CDF |
HIGH | $290 800,000 CDF |
| Per Month |
Utilities, Electricity, Water, Internet, Mobile8%
8% of total expenses on average (4% to 13%)
LOW | $1 2,800 CDF |
AVERAGE | $7.2 20,000 CDF |
HIGH | $48 130,000 CDF |
| Per Month |
Transport and Fuel Cost5%
5% of total expenses on average (3% to 11%)
LOW | $1.3 3,700 CDF |
AVERAGE | $9.7 27,000 CDF |
HIGH | $64 180,000 CDF |
| Per Month |
Food and Groceries Cost19%
19% of total expenses on average (13% to 24%)
LOW | $2.7 7,500 CDF |
AVERAGE | $19 54,000 CDF |
HIGH | $130 360,000 CDF |
| Per Month |
Healthcare Cost12%
12% of total expenses on average (6% to 16%)
LOW | $1.5 4,200 CDF |
AVERAGE | $11 30,000 CDF |
HIGH | $72 200,000 CDF |
| Per Month |
Leisure and Shopping Expenditure3%
3% of total expenses on average (2% to 6%)
LOW | $0.84 2,300 CDF |
AVERAGE | $6 17,000 CDF |
HIGH | $40 110,000 CDF |
| Per Month |
Education Cost1%
1% of total expenses on average (0.00% to 3%)
LOW | $0.34 930 CDF |
AVERAGE | $2.4 6,700 CDF |
HIGH | $16 45,000 CDF |
| Per Month |
Other Expenses22%
22% of total expenses on average (14% to 26%)
LOW | $3 8,400 CDF |
AVERAGE | $22 60,000 CDF |
HIGH | $140 400,000 CDF |
| Per Month |
CoupleAverage monthly living expenditure breaks and spending patterns for couples in Congo Democratic Republic
Housing cost for a couple27%
27% of total expenses on average (20% to 37%)
LOW | $23 63,000 CDF |
AVERAGE | $68 190,000 CDF |
HIGH | $360 1M CDF |
| Per Month |
Utilities, Electricity, Water, Internet, Mobile7%
7% of total expenses on average (5% to 11%)
LOW | $2.7 7,400 CDF |
AVERAGE | $9.1 25,000 CDF |
HIGH | $59 160,000 CDF |
| Per Month |
Transport and Fuel Cost9%
9% of total expenses on average (3% to 14%)
LOW | $8 22,000 CDF |
AVERAGE | $24 67,000 CDF |
HIGH | $130 360,000 CDF |
| Per Month |
Food and Groceries Cost17%
17% of total expenses on average (12% to 22%)
LOW | $9.4 26,000 CDF |
AVERAGE | $28 78,000 CDF |
HIGH | $150 420,000 CDF |
| Per Month |
Healthcare Cost14%
14% of total expenses on average (8% to 18%)
LOW | $7.4 20,000 CDF |
AVERAGE | $22 61,000 CDF |
HIGH | $120 330,000 CDF |
| Per Month |
Leisure and Shopping Cost4%
4% of total expenses on average (1% to 7%)
LOW | $4 11,000 CDF |
AVERAGE | $12 33,000 CDF |
HIGH | $64 180,000 CDF |
| Per Month |
Education Cost1%
1% of total expenses on average (0.00% to 3%)
LOW | $1.3 3,700 CDF |
AVERAGE | $4 11,000 CDF |
HIGH | $21 59,000 CDF |
| Per Month |
Other Expenses21%
21% of total expenses on average (15% to 27%)
LOW | $11 32,000 CDF |
AVERAGE | $34 95,000 CDF |
HIGH | $180 510,000 CDF |
| Per Month |
FamilyAverage monthly expenses and break out of spending for families living in Congo Democratic Republic
Housing cost for a family26%
26% of total expenses on average (21% to 36%)
LOW | $30 83,000 CDF |
AVERAGE | $86 240,000 CDF |
HIGH | $560 1.5M CDF |
| Per Month |
Utilities, Electricity, Water, Internet, Mobile5%
5% of total expenses on average (3% to 8%)
LOW | $4.7 13,000 CDF |
AVERAGE | $13 37,000 CDF |
HIGH | $87 240,000 CDF |
| Per Month |
Transport and Fuel Expenses5%
5% of total expenses on average (3% to 7%)
LOW | $9.4 26,000 CDF |
AVERAGE | $27 74,000 CDF |
HIGH | $170 480,000 CDF |
| Per Month |
Food and Groceries Cost21%
21% of total expenses on average (14% to 27%)
LOW | $17 47,000 CDF |
AVERAGE | $48 130,000 CDF |
HIGH | $310 870,000 CDF |
| Per Month |
Healthcare Expenses11%
11% of total expenses on average (7% to 16%)
LOW | $8.4 23,000 CDF |
AVERAGE | $27 74,000 CDF |
HIGH | $140 390,000 CDF |
| Per Month |
Leisure and Shopping Cost3%
3% of total expenses on average (1% to 7%)
LOW | $4.7 13,000 CDF |
AVERAGE | $13 37,000 CDF |
HIGH | $87 240,000 CDF |
| Per Month |
Education Cost13%
13% of total expenses on average (6% to 21%)
LOW | $13 36,000 CDF |
AVERAGE | $38 100,000 CDF |
HIGH | $240 680,000 CDF |
| Per Month |
Other Expenses16%
16% of total expenses on average (9% to 21%)
LOW | $7.5 21,000 CDF |
AVERAGE | $21 59,000 CDF |
HIGH | $140 390,000 CDF |
| Per Month |
StudentCost of living and expenses break down for students living in Congo Democratic Republic
Housing costs for Student18%
18% of total expenses on average (13% to 24%)
LOW | $3.2 8,900 CDF |
AVERAGE | $22 60,000 CDF |
HIGH | $140 400,000 CDF |
| Per Month |
Utilities, Electricity, Water, Internet, and Mobile Expenses6%
6% of total expenses on average (4% to 10%)
LOW | $0.54 1,500 CDF |
AVERAGE | $3.6 9,900 CDF |
HIGH | $24 66,000 CDF |
| Per Month |
Transport and Fuel Cost4%
4% of total expenses on average (4% to 10%)
LOW | $0.94 2,600 CDF |
AVERAGE | $6.3 17,000 CDF |
HIGH | $42 120,000 CDF |
| Per Month |
Food and Groceries Expenditure23%
23% of total expenses on average (17% to 27%)
LOW | $2.7 7,400 CDF |
AVERAGE | $18 50,000 CDF |
HIGH | $120 330,000 CDF |
| Per Month |
Healthcare Cost9%
9% of total expenses on average (6% to 12%)
LOW | $0.80 2,200 CDF |
AVERAGE | $5.4 15,000 CDF |
HIGH | $36 99,000 CDF |
| Per Month |
Leisure and Shopping Cost3%
3% of total expenses on average (2% to 7%)
LOW | $0.67 1,900 CDF |
AVERAGE | $4.5 12,000 CDF |
HIGH | $30 83,000 CDF |
| Per Month |
Education Cost18%
18% of total expenses on average (11% to 23%)
LOW | $2.5 7,100 CDF |
AVERAGE | $17 47,000 CDF |
HIGH | $110 320,000 CDF |
| Per Month |
Other Expenses19%
19% of total expenses on average (13% to 25%)
LOW | $2 5,600 CDF |
AVERAGE | $13 37,000 CDF |
HIGH | $90 250,000 CDF |
| Per Month |