Cost Of Living For a Family in Lubango 2024

Family cost of living chart - average monthly expenditure in Lubango

Average monthly spending for families in Lubango

We consider a family to be a member of four members, two adults and two children. This is the most common type of family. From the figures below, it should be fairly easy to calculate the average spending for families of different sizes.

Average Monthly Expenditure

Currency: AOA
210,000 590,000 3.9M
MINIMUM AVERAGE MAXIMUM
$240 $700 $4,500

How much money does a family need in a month to survive in Lubango?

Families in Lubango spend around 590,000 AOA per month on average. Depending on the lifestyle, a family can survive with a monthly budget as low as 210,000 AOA or as high as 3.9M AOA. Location and income are very important factors and have a huge influence on expenditure and budget.


Prices and cost of goods and services in Lubango


Chart showing the prices and cost of grocery, food, restaurant meals, market, and beverages in Lubango

Dining, food, and beverages costs


Fast food combo meal

410 AOA 820 AOA 1,400 AOA
MINIMUM AVERAGE MAXIMUM
$0.48 $0.97 $1.6

Restaurant meal for one

1,300 AOA 2,000 AOA 4,000 AOA
MINIMUM AVERAGE MAXIMUM
$1.6 $2.3 $4.7

Fine dining meal for one

2,600 AOA 4,000 AOA 16,000 AOA
MINIMUM AVERAGE MAXIMUM
$3.1 $4.7 $19

Cappuccino or latte

340 AOA 550 AOA 820 AOA
MINIMUM AVERAGE MAXIMUM
$0.40 $0.64 $0.97

Grocery and market costs


Milk large bottle

270 AOA 330 AOA 410 AOA
MINIMUM AVERAGE MAXIMUM
$0.32 $0.39 $0.48

12 eggs

210 AOA 270 AOA 410 AOA
MINIMUM AVERAGE MAXIMUM
$0.24 $0.32 $0.48

Fresh whole chicken

470 AOA 600 AOA 860 AOA
MINIMUM AVERAGE MAXIMUM
$0.55 $0.71 $1

Pack of beef

550 AOA 820 AOA 1,600 AOA
MINIMUM AVERAGE MAXIMUM
$0.64 $0.97 $1.9

Medium bag of rice

220 AOA 300 AOA 430 AOA
MINIMUM AVERAGE MAXIMUM
$0.26 $0.36 $0.50

Bag of tomatos

82 AOA 110 AOA 210 AOA
MINIMUM AVERAGE MAXIMUM
$0.10 $0.13 $0.24

Bag of apples

150 AOA 190 AOA 320 AOA
MINIMUM AVERAGE MAXIMUM
$0.17 $0.23 $0.37
Chart showing the prices and cost of commute, travel, and transportation in Lubango


Commute, travel, and transportation costs


20 minutes taxi ride

330 AOA 400 AOA 790 AOA
MINIMUM AVERAGE MAXIMUM
$0.39 $0.47 $0.94

Average car full tank

2,100 AOA 2,700 AOA 5,500 AOA
MINIMUM AVERAGE MAXIMUM
$2.4 $3.2 $6.4

Average car 1-day rental

1,900 AOA 2,600 AOA 3,800 AOA
MINIMUM AVERAGE MAXIMUM
$2.3 $3 $4.5

Average car price

1M AOA 2.1M AOA 2.7M AOA
MINIMUM AVERAGE MAXIMUM
$1,200 $2,400 $3,200

Bus ticket one way

64 AOA 96 AOA 190 AOA
MINIMUM AVERAGE MAXIMUM
$0.08 $0.11 $0.23

Car Service

2,600 AOA 3,800 AOA 7,700 AOA
MINIMUM AVERAGE MAXIMUM
$3 $4.5 $9
Chart showing the prices and cost of utility, energy, water, and gas in Lubango


Utility cost (monthly)


Utility Bill - Family

10,000 AOA 30,000 AOA 190,000 AOA
MINIMUM AVERAGE MAXIMUM
$12 $35 $230

Internet and cable

2,100 AOA 4,100 AOA 5,500 AOA
MINIMUM AVERAGE MAXIMUM
$2.4 $4.8 $6.4

Mobile phone charges

1,600 AOA 2,700 AOA 8,200 AOA
MINIMUM AVERAGE MAXIMUM
$1.9 $3.2 $9.7

Leisure and activities costs


Movie ticket

1,000 AOA 1,400 AOA 2,100 AOA
MINIMUM AVERAGE MAXIMUM
$1.2 $1.6 $2.4

One month gym membership

3,100 AOA 3,800 AOA 7,700 AOA
MINIMUM AVERAGE MAXIMUM
$3.6 $4.5 $9
Chart showing the prices and cost of clothing and accessories in Lubango


Cloths and accessories costs


Pair of jeans or pants

2,300 AOA 3,200 AOA 4,800 AOA
MINIMUM AVERAGE MAXIMUM
$2.7 $3.8 $5.6

Woman dress

2,100 AOA 2,900 AOA 9,600 AOA
MINIMUM AVERAGE MAXIMUM
$2.5 $3.5 $11

Woman shoes

2,000 AOA 2,700 AOA 6,400 AOA
MINIMUM AVERAGE MAXIMUM
$2.4 $3.2 $7.5

Men's shoes

1,700 AOA 2,100 AOA 4,300 AOA
MINIMUM AVERAGE MAXIMUM
$2.1 $2.5 $5

Men suit

1,900 AOA 2,400 AOA 13,000 AOA
MINIMUM AVERAGE MAXIMUM
$2.3 $2.8 $15

Regular t-shirt

960 AOA 1,300 AOA 3,800 AOA
MINIMUM AVERAGE MAXIMUM
$1.1 $1.5 $4.5
Chart showing the prices and cost of housing, accommodation, and rent in Lubango


Housing costs / monthly rent


Studio apartment

32,000 AOA 48,000 AOA 130,000 AOA
MINIMUM AVERAGE MAXIMUM
$38 $56 $150

1-bedroom apartment

48,000 AOA 77,000 AOA 190,000 AOA
MINIMUM AVERAGE MAXIMUM
$56 $90 $230

2-bedroom apartment

64,000 AOA 96,000 AOA 260,000 AOA
MINIMUM AVERAGE MAXIMUM
$75 $110 $300

Housing costs / Buying


Studio apartment

6.4M AOA 9.6M AOA 19M AOA
MINIMUM AVERAGE MAXIMUM
$7,500 $11,000 $23,000

1-bedroom apartment

7.7M AOA 13M AOA 48M AOA
MINIMUM AVERAGE MAXIMUM
$9,000 $15,000 $56,000

2-bedroom apartment

13M AOA 38M AOA 77M AOA
MINIMUM AVERAGE MAXIMUM
$15,000 $45,000 $90,000
Chart showing the prices and cost of furniture in Lubango


Furniture Costs


King Size Bed

41,000 AOA 51,000 AOA 68,000 AOA
MINIMUM AVERAGE MAXIMUM
$48 $60 $81

Double Bed

27,000 AOA 41,000 AOA 51,000 AOA
MINIMUM AVERAGE MAXIMUM
$32 $48 $60

Single Bed

24,000 AOA 32,000 AOA 41,000 AOA
MINIMUM AVERAGE MAXIMUM
$28 $37 $48

Living Room

46,000 AOA 59,000 AOA 210,000 AOA
MINIMUM AVERAGE MAXIMUM
$54 $69 $240

Dining Table

21,000 AOA 27,000 AOA 51,000 AOA
MINIMUM AVERAGE MAXIMUM
$24 $32 $60

Sofa or Couch

27,000 AOA 37,000 AOA 82,000 AOA
MINIMUM AVERAGE MAXIMUM
$32 $44 $97
Chart showing the prices and cost of electronic devices and appliances in Lubango


Electronics and House Appliance Costs


TV Set

27,000 AOA 41,000 AOA 82,000 AOA
MINIMUM AVERAGE MAXIMUM
$32 $48 $97

Fridge or Freezer

24,000 AOA 37,000 AOA 51,000 AOA
MINIMUM AVERAGE MAXIMUM
$28 $44 $60

Washing Machine

32,000 AOA 46,000 AOA 82,000 AOA
MINIMUM AVERAGE MAXIMUM
$37 $54 $97

Stove or Cooker

29,000 AOA 37,000 AOA 51,000 AOA
MINIMUM AVERAGE MAXIMUM
$35 $44 $60

Mobile Phone

34,000 AOA 41,000 AOA 59,000 AOA
MINIMUM AVERAGE MAXIMUM
$40 $48 $69

Laptop or Computer

37,000 AOA 46,000 AOA 82,000 AOA
MINIMUM AVERAGE MAXIMUM
$44 $54 $97
Family cost of living and expenditure to income ratio in Lubango

Family expenditure to income ratio in Lubango

Analysing the how affordable it is for families to live in Lubango

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. Families usually spend a larger chunk of their income than other population groups. A typical and healthy expenditure percentage for a family of four ranges between 70% to 80%.


Spending to Income Ratio

90%

85% to 99%

( expenditure / income ) x 100


Families in Lubango spend around 90% of their monthly income. Some families spend as low as 85% of their income while some as high as 99%.

Distribution of monthly cost of living expenses of a family in Lubango

How do families spend their money in Lubango?

We asked thousands of families about their spending habits and expenditure break down.


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 and accomodation expenditure for families

Accomodation Cost25%

25% of total expenses on average (20% to 35%)

LOW$78   66,000 AOA
AVERAGE$220   190,000 AOA
HIGH$1,500   1.2M AOA
Per Month

Families in Lubango typically spend from 20% to 35% of their total monthly expenditure on housing with 25% being the average. The average monthly spend on housing is 190,000 AOA with expenditure ranging from 66,000 AOA to 1.2M AOA. This cost mainly goes for rent but it also includes other accommodation-related expenses.

Electricity, utilities, energy, water, internet, and mobile expenditure for families

Cost of utilities6%

6% of total expenses on average (4% to 9%)

LOW$12   10,000 AOA
AVERAGE$35   30,000 AOA
HIGH$230   190,000 AOA
Per Month

Utility expenditure like electricity, water, and gas in Lubango ranges from 4% to 9% of total expenses with 6% being the average for most families. The average monthly cost of utilities is 30,000 AOA with 10,000 AOA and 190,000 AOA being the upper and lower limits for a family of four.

Transport, fuel, and commute expenditure for families

Cost of transport and fuel5%

5% of total expenses on average (3% to 7%)

LOW$24   21,000 AOA
AVERAGE$70   59,000 AOA
HIGH$450   390,000 AOA
Per Month

Fuel consumption and cost of transport depend heavily on whether a family resides near school and work, but roughly speaking a family would expect to spend from 21,000 AOA to 390,000 AOA in a month on commuting with 59,000 AOA being the norm for most families. This means that money spent on transport constitutes about 5% of total spending on average but can go as low as 3% or as high as 7%.

Food, groceries, and basic shopping expenditure for families

Food and Groceries Cost21%

21% of total expenses on average (14% to 27%)

LOW$44   37,000 AOA
AVERAGE$130   110,000 AOA
HIGH$820   690,000 AOA
Per Month

The average outlay on groceries and basic houshold items for a typical family in a month in Lubango is 110,000 AOA. The cost of groceries can range between 37,000 AOA to 690,000 AOA. Families spend on average about 21% on food and groceries with upper and lower bounds of 14% and 27% respectively.

Healthcare and medical services expenditure for families

Cost of healthcare11%

11% of total expenses on average (7% to 16%)

LOW$22   19,000 AOA
AVERAGE$70   59,000 AOA
HIGH$360   310,000 AOA
Per Month

Families in Lubango allocate 7% to 16% of their total monthly expenditure to healthcare including health insurance and out-of-pocket medical expenses. The average spending on medical services and clinic visits is around 11%. The range of medical expenses range from 19,000 AOA to 310,000 AOA with 59,000 AOA being the norm for most families.

Leisure and shopping expenditure for families

Cost of leisure and shopping2%

2% of total expenses on average (1% to 6%)

LOW$12   10,000 AOA
AVERAGE$35   30,000 AOA
HIGH$230   190,000 AOA
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 10,000 AOA to 190,000 AOA with 30,000 AOA being the average. Speaking of percentages, that equates to 1% to 6% of total expenses with an average of 2% for most families.

Education and schooling expenditure for families

Cost of education and schooling13%

13% of total expenses on average (6% to 21%)

LOW$34   29,000 AOA
AVERAGE$98   83,000 AOA
HIGH$640   540,000 AOA
Per Month

Spending on education can vary drastically between different families. On average, education constitutes 13% of the monthly expenditure of families with 6% and 21% being the lower and upper bounds respectively. The average reported education cost is 83,000 AOA per month with 29,000 AOA being the minimum spent amount and 540,000 AOA being the maximum.

Other Expenses16%

16% of total expenses on average (9% to 21%)

LOW$20   17,000 AOA
AVERAGE$56   47,000 AOA
HIGH$360   310,000 AOA
Per Month
Percentage of families who manage to save money from their income every month in Lubango

What percentage of families in Lubango are able to save money and how much can they save?


Percentage of families that reported their ability to save money


Saving Money
46%
Not Saving
54%

Almost 46% of surveyed families in Lubango said that they can save some money at the end of each month while 54% reported that they have to utilize their whole income to survive.


Family savings to income ratio in Lubango

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.


How much money do families manage to add to their savings?

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.

Saving to Income Ratio

5.9% 11% of income 24%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

61,000 AOA
$71
170,000 AOA
$200
1.1M AOA
$1,300
MINIMUM AVERAGE MAXIMUM

Savings to income distribution levels for families

Saving To Income Ratio% Families
0% - 10%39%
10% - 20%30%
20% - 30%20%
30% - 40%5%
40% - 50%4%
> 50%2%

Interpretation and Analysis

Families that are able to save money can put anywhere from 5.9% to 24% of their monthly income to their savings, with 11% being the average for most families. The average monthly amount of money that families can put aside is 170,000 AOA with 61,000 AOA and 1.1M AOA being the minimum and maximum respectively.

Reasons that make it difficult for families to save money in Lubango

Saving Challenges in Lubango

Reasons that make it difficult for families to save money

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


Reason% People
Low Income5%
High Expenses8%
Debt and Loans13%
Lack of Budgeting Skills12%
Impulsive Spending12%
Financial Emergencies7%
Living the moment5%
Will do it later21%
Inflation13%
Social Pressure3%
Market Instability2%

Around 5% of the families 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. 13% 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% of families 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. 21% 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.

Where do families choose to put their savings in Lubango

Typical saving choices for families in Lubango

Where do people choose to put their savings?


Saving Type% People
Emergency Funds12%
Gold13%
Savings Accounts17%
Retirement Accounts10%
Cash Savings21%
Real Estate9%
Investment5%
Stocks4%
Bonds5%
Mutual Funds2%
Certificates of Deposit3%
A typical and healthy budgeting structure. The 50-30-20 rule

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.

Income and cost of living compatibility. Is it affordable or economical for families to live in Lubango

Affordable living in Lubango

Income and cost of living compatibility

We asked families one simple question and recorded their answers.

Is it affordable or economical to live in Lubango?


Yes
45%
No
55%

Around 45% of surveyed families think that living in Lubango is affordable with proper budgeting while 55% reported that it is just too expensive and not affordable even with frugality and thriftness.

How easily is cost-cutting for families. Are there plenty of low-cost options in Lubango

Low-cost alternatives in Lubango

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 families how easily cost-cutting is and the answers were distributed as follows:

Plenty of low-cost options52%

Few low-cost options48%


Based on the survey, 52% of the families living in Lubango have no problem finding low-cost alternatives to support a frugal lifestyle while 48% think that thriftness is difficult due to scarcity in discount markets and secondhand outlets.

Emergency Funds For Families

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 families of Lubango whether they have an emergency fund and the answers were as follows.

Yes42%

No58%


Based on the survey, 58% of the families living in Lubango said that they don't have an emergency fund while 42% said that they do.

Financial literacy and difficulty in budgeting and financial planning for families in Lubango

Financial Literacy in Angola

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 family guardians and parents in Lubango 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 families of Angola 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%

Financial goals and targets of families living in Lubango

Financial goals of families in Lubango

In an attempt to understand the economic situation in Lubango, 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 Fund8%
Debt Reduction43%
Retirement Savings10%
Education Funding7%
Homeownership18%
Investing6%
Travel or Lifestyle6%
Healthcare Expenses14%
Financial Independence5%

Around 8% of families said that their main goal is to establish an emergency fund to cover unexpected expenses while 43% 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. 6% of the population would like to build wealth through investments such as stocks, bonds, mutual funds, or real estate. For 6% of people, saving for vacations or upgrading their lifestyle is the number one concern. Approximately 14% of the residents said that saving for healthcare expenses including insurance premiums is their main goal.

Chart showing the percentage of families who are in debt in Lubango

Debt, loans, and mortgages in Lubango


Percentage of families who are in debt


In Debt
31%
Debt Free
69%

According to the survey, 31% of the families in Lubango have some kind of debt, loan, mortgage, or credit card payments while 69% reported that they don't have financial obligations to banks.


Chart showing debt-to-income ratio in Lubango

Debt-to-income ratio in Lubango

Debt to income ratio

32%

25% to 41%

( 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 a family's monthly income in Lubango goes to debt settlement.


Debt levels

Monthly debt settlement payment as percentage of monthly income

Debt-to-income ratio% People
> 60%3%
50% - 60%19%
40% - 50%15%
30% - 40%17%
20% - 30%10%
10% - 20%11%
0% - 10%25%

According to our data, 3% of the debtors in Lubango pay 60%+ of their income as debt settlement while 19% of the people pay 50% to 60% of their income for the same, which is quite an alarming financial situation for those individuals. 15% of people in debt dedicate 40% to 50% of their income to loan and mortgage payments while 17% dedicated 30% to 40% of income for same. Things are looking brighter for 10% of individuals as they only pay 20% to 30% of their income for loan and credit card repayment.


Distribution by type of debt in Lubango

Debt% People
Real Estate Mortgage8%
Auto Loan14%
Student Loan4%
Credit Card30%
Personal Loan44%

8% of debtors in Lubango confirm that real estate mortgages constitutes the main part of their outstanding debt while 30% say that credit card payments are the reason they are in debt. Auto loans were the main type of debt for 14% of people and personal loans rose at 44%. Lastly, student loans are the main source of debt for 4% of debtors in Lubango.


About credit score and debt management

Managing 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 Lubango

Besides measuring the loan-to-income ratio, we asked families of Lubango 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
Never50%
Once a year24%
Twice a year13%
Three times a year9%
Four times a year4%
Housing and accommodation affordability, property price to income ratio, rent to income ratio, and housing affordability index chart in Lubango

Housing costs, accommodation, and housing affordability in Lubango

Rental costs and house/apartment prices can vary drastically between different areas and locations.


Rent Cost in Lubango

Monthly Rent Prices

Studio apartment monthly rent cost

32,000 AOA 48,000 AOA 130,000 AOA
MINIMUM AVERAGE MAXIMUM
$38 $56 $150

1-bedroom apartment monthly rent cost

48,000 AOA 77,000 AOA 190,000 AOA
MINIMUM AVERAGE MAXIMUM
$56 $90 $230

2-bedroom apartment monthly rent cost

64,000 AOA 96,000 AOA 260,000 AOA
MINIMUM AVERAGE MAXIMUM
$75 $110 $300

3-bedroom apartment monthly rent cost

77,000 AOA 130,000 AOA 350,000 AOA
MINIMUM AVERAGE MAXIMUM
$90 $150 $410

Furnished apartment monthly rent cost

150,000 AOA 380,000 AOA 770,000 AOA
MINIMUM AVERAGE MAXIMUM
$180 $450 $900

Townhouse monthly rent cost

130,000 AOA 190,000 AOA 550,000 AOA
MINIMUM AVERAGE MAXIMUM
$150 $230 $640

House monthly rent cost

150,000 AOA 380,000 AOA 770,000 AOA
MINIMUM AVERAGE MAXIMUM
$180 $450 $900

Villa monthly rent cost

190,000 AOA 480,000 AOA 770,000 AOA
MINIMUM AVERAGE MAXIMUM
$230 $560 $900

The monthly rental cost of a studio apartment in Lubango ranges between 32,000 AOA and 130,000 AOA, meanwhile the cost of monthly rental of a one-bedroom apartment can be anywhere from 48,000 AOA to 190,000 AOA. Two-bedroom rentals rate ranges between 64,000 AOA and 260,000 AOA per month. The monthly rental for a three-bedroom apartment ranges from 77,000 AOA to 350,000 AOA. The average rent of a townhouse in Lubango is around 190,000 AOA while house rental costs can be as high as 380,000 AOA per month. Finally, if you want to rent a villa, expect to pay anywhere from 190,000 AOA to 770,000 AOA per month.



Apartment and house prices in Lubango

Cost of buying a property

Studio apartment price

6.4M AOA 9.6M AOA 19M AOA
MINIMUM AVERAGE MAXIMUM
$7,500 $11,000 $23,000

1-bedroom apartment price

7.7M AOA 13M AOA 48M AOA
MINIMUM AVERAGE MAXIMUM
$9,000 $15,000 $56,000

2-bedroom apartment price

13M AOA 38M AOA 77M AOA
MINIMUM AVERAGE MAXIMUM
$15,000 $45,000 $90,000

3-bedroom apartment price

43M AOA 64M AOA 190M AOA
MINIMUM AVERAGE MAXIMUM
$50,000 $75,000 $230,000

Townhouse price

55M AOA 130M AOA 480M AOA
MINIMUM AVERAGE MAXIMUM
$64,000 $150,000 $560,000

House price

64M AOA 380M AOA 550M AOA
MINIMUM AVERAGE MAXIMUM
$75,000 $450,000 $640,000

Villa price

77M AOA 430M AOA 640M AOA
MINIMUM AVERAGE MAXIMUM
$90,000 $500,000 $750,000

The average price of a studio apartment in Lubango can range from 6.4M AOA to 19M AOA depending on location. One bedroom cost can be anywhere from 7.7M AOA to 48M AOA. A villa can cost you 430M AOA on average with prices ranging from 77M AOA to 640M AOA.


If you're leasing or purchasing, housing costs in Lubango 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


25 x69 monthly income 177
MINIMUM AVERAGE MAXIMUM

Property prices in Lubango can be x69 to x177 multiples of the monthly income depending on the property and the income of the person. On average, property prices are approximately x69 multiples of the average monthly salary in Lubango.



Rent to income ratio


Rent to income ratio

( monthly rental / monthly income ) x 100


17% 26% of income 36%
MINIMUM AVERAGE MAXIMUM

The average rent-to-income ratio in Lubango is around 26%. This means that people pay 26% of their income for rent. Those figures can range from 17% to 36% 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
24%

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.


FROM
1.8%
AVERAGE
2.8%
TO
3.9%

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.


590 AOA 7,700 AOA 77,000 AOA
MINIMUM AVERAGE MAXIMUM

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 Lubango

Utilities expenditure can vary slightly between different areas and locations.


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

Utility Bill Cost / Electricity + Water + Gas / Family

10,000 AOA 30,000 AOA 190,000 AOA
MINIMUM AVERAGE MAXIMUM
$12 $35 $230

Internet and cable cost

2,100 AOA 4,100 AOA 5,500 AOA
MINIMUM AVERAGE MAXIMUM
$2.4 $4.8 $6.4

Mobile phone bill and charges

1,600 AOA 2,700 AOA 8,200 AOA
MINIMUM AVERAGE MAXIMUM
$1.9 $3.2 $9.7

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 energy and water consumption of families is around 30,000 AOA. The cost of internet and WiFi ranges from 2,100 AOA to 5,500 AOA with 4,100 AOA being the average internet bill. Finally, the average monthly mobile charges is around 2,700 AOA but can range between 1,600 AOA and 8,200 AOA 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


3.9% 6.8% of income 11%
MINIMUM AVERAGE MAXIMUM

The average utility-to-income ratio in Lubango is around 6.8%. This means that people pay 6.8% of their income for energy, water, internet, and mobile charges. Those figures can range from 3.9% to 11% depending on salary and location.

Food Prices, Dining Expenses, and Grocery Costs in Lubango

Grocery / Food expenditure and prices can vary drastically between different areas and locations.


Prices and cost of goods and services in Lubango

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

Fast food combo meal price

410 AOA 820 AOA 1,400 AOA
MINIMUM AVERAGE MAXIMUM
$0.48 $0.97 $1.6

The average price of a regular combo meal at a fast food outlet or chain like McDonald's, Pizzahut, or KFC in Lubango is approximatly 820 AOA with meal cost ranging from 410 AOA to 1,400 AOA. The typical combo meal consists of a burger, french fries, and a drink.

Restaurant meal for one price

1,300 AOA 2,000 AOA 4,000 AOA
MINIMUM AVERAGE MAXIMUM
$1.6 $2.3 $4.7

If you are planning to have a nice meal at a mid-range restaurant, expect to pay anywhere between 1,300 AOA and 4,000 AOA with 2,000 AOA being the average price of a plate for one person at a regular restaurant in Lubango.

Fine dining meal for one price

2,600 AOA 4,000 AOA 16,000 AOA
MINIMUM AVERAGE MAXIMUM
$3.1 $4.7 $19

The price range of a meal at fine-dining restaurant is 2,600 AOA to 16,000 AOA with the average cost being 4,000 AOA for one person. This is what you would expect to pay a top-tier diner in Lubango.

Beverage prices, cappuccino, latte etc..

340 AOA 550 AOA 820 AOA
MINIMUM AVERAGE MAXIMUM
$0.40 $0.64 $0.97

The average price of a regular beverage like cappuccino or latte at Starbucks, Costa, or similar coffee shops and cafes in Lubango is around 550 AOA. Price ranges between 340 AOA and 820 AOA depending on the type of beverage, the size, and optional add-ons.



Grocery and market costs

Large bottle of milk price

270 AOA 330 AOA 410 AOA
MINIMUM AVERAGE MAXIMUM
$0.32 $0.39 $0.48

The average price of a large bottle of milk in Lubango is 330 AOA. The maximum what you would pay for milk is 410 AOA and the minimum being 270 AOA depending on the brand of milk and other properties.

12 eggs price

210 AOA 270 AOA 410 AOA
MINIMUM AVERAGE MAXIMUM
$0.24 $0.32 $0.48

A dozen eggs costs around 270 AOA on average with 210 AOA and 410 AOA being the lower and upper limits respectively.

Fresh whole chicken price

470 AOA 600 AOA 860 AOA
MINIMUM AVERAGE MAXIMUM
$0.55 $0.71 $1

The price range of a fresh whole chicken in Lubango is between 470 AOA and 860 AOA depending on the size of the chicken and whether it is oraganic or not. The average price is approximatly 600 AOA.

Pack of beef price

550 AOA 820 AOA 1,600 AOA
MINIMUM AVERAGE MAXIMUM
$0.64 $0.97 $1.9

The price of a regular pack of beef or meat is around 820 AOA. A pack of beef contains around 1Kg or 1lb depending on packing.

Medium bag of rice price

220 AOA 300 AOA 430 AOA
MINIMUM AVERAGE MAXIMUM
$0.26 $0.36 $0.50

A bag of rice in Lubango costs around 300 AOA on average with prices rangeing between 220 AOA and 430 AOA depending on the brand and quality.

Bag of tomatos price

82 AOA 110 AOA 210 AOA
MINIMUM AVERAGE MAXIMUM
$0.10 $0.13 $0.24

A bag of tomatoes costs anywhere from 82 AOA to 210 AOA. A bag of tomatoes denotes 1Kg or 1lb depending on location.

Bag of apples price

150 AOA 190 AOA 320 AOA
MINIMUM AVERAGE MAXIMUM
$0.17 $0.23 $0.37

A bag of apples costs 190 AOA 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


20% 27% of income 33%
MINIMUM AVERAGE MAXIMUM

The average grocery-to-income ratio in Lubango is around 27%. This means that families spend 27% of their income on grocery and basic household items. The expenditure can range from 20% to 33% depending on salary and location.


Expenditure on food and grocery for families

Families' spending on grocery ranges from 37,000 AOA to 690,000 AOA with the location, income, and size of the family being the most determinite factors.

evoeicarsraw©copound