Cost Of Living For a Family in Windhoek 2025

Average monthly spending for families in Windhoek

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.

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

Families in Windhoek spend around 29,000 NAD per month on average. Depending on the lifestyle, a family can survive with a monthly budget as low as 10,000 NAD or as high as 190,000 NAD. Location and income are very important factors and have a huge influence on expenditure and budget.

Family expenditure to income ratio in Windhoek

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

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%.

Families in Windhoek spend around 98% of their monthly income. Some families spend as low as 89% of their income while some as high as 110%.

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

Percentage of families that reported their ability to save money

Almost 58% of surveyed families in Windhoek said that they can save some money at the end of each month while 42% reported that they have to utilize their whole income to survive.

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

Saving to Income Ratio

Average Monthly Saved Amount

Savings to income distribution levels for families

Interpretation and Analysis

Families that are able to save money can put anywhere from 12% to 32% of their monthly income to their savings, with 20% being the average for most families. The average monthly amount of money that families can put aside is 9,600 NAD with 3,400 NAD and 63,000 NAD being the minimum and maximum respectively.

Affordable living in Windhoek

Income and cost of living compatibility

We asked families one simple question and recorded their answers.

Is it affordable or economical to live in Windhoek?

Around 66% of surveyed families think that living in Windhoek is affordable with proper budgeting while 34% reported that it is just too expensive and not affordable even with frugality and thriftness.

How do families spend their money in Windhoek?

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

Housing and accomodation expenditure for families

Families in Windhoek typically spend from 21% to 36% of their total monthly expenditure on housing with 26% being the average. The average monthly spend on housing is 9,300 NAD with expenditure ranging from 3,300 NAD to 60,000 NAD. This cost mainly goes for rent but it also includes other accommodation-related expenses.

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

Utility expenditure like electricity, water, and gas in Windhoek ranges from 3% to 8% of total expenses with 5% being the average for most families. The average monthly cost of utilities is 1,500 NAD with 510 NAD and 9,400 NAD being the upper and lower limits for a family of four.

Transport, fuel, and commute expenditure for families

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 1,000 NAD to 19,000 NAD in a month on commuting with 2,900 NAD 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

The average outlay on groceries and basic houshold items for a typical family in a month in Windhoek is 5,200 NAD. The cost of groceries can range between 1,800 NAD to 34,000 NAD. 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

Families in Windhoek 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 920 NAD to 15,000 NAD with 2,900 NAD being the norm for most families.

Leisure and shopping expenditure for families

This category mostly contains discretionary or non-essential expenses but also some non-discretionary spending like furniture for example. The monthly expenses range from 510 NAD to 9,400 NAD with 1,500 NAD being the average. Speaking of percentages, that equates to 1% to 7% of total expenses with an average of 3% for most families.

Education and schooling expenditure for families

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 4,100 NAD per month with 1,400 NAD being the minimum spent amount and 26,000 NAD being the maximum.

Saving Challenges in Windhoek

Reasons that make it difficult for families to save money

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

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. 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% 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. 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 families in Windhoek

Where do people choose to put their savings?

Low-cost alternatives in Windhoek

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 options65%

Few low-cost options35%

Based on the survey, 65% of the families living in Windhoek have no problem finding low-cost alternatives to support a frugal lifestyle while 35% think that thriftness is difficult due to scarcity in discount markets and secondhand outlets.

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

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

Yes66%

No34%

Based on the survey, 34% of the families living in Windhoek said that they don't have an emergency fund while 66% said that they do.

Financial goals of families in Windhoek

In an attempt to understand the economic situation in Windhoek, 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 8% of families said that their main goal is to establish an emergency fund to cover unexpected expenses while 40% 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.

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 Leteracy55%

We asked family guardians and parents in Windhoek whether they acquired any adequate personal financial training in their lives. Approximately 45% 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 55% 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 have problems or difficulties in managing their expenditures and savings so we asked people one simple question: do you struggle with your personal finances? 36% of the participants reported that they indeed struggle in creating budgets and in organizing their finances while 64% said that they have everything under control.

Struggles with finance36%

Easily manages finances64%

Debt, loans, and mortgages in Windhoek

Percentage of families who are in debt

According to the survey, 28% of the families in Windhoek 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 Windhoek

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 Windhoek goes to debt settlement.

Debt levels

Monthly debt settlement payment as percentage of monthly income

According to our data, 3% of the debtors in Windhoek 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 Windhoek

9% of debtors in Windhoek 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 17% of people and personal loans rose at 42%. Lastly, student loans are the main source of debt for 4% of debtors in Windhoek.

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 Windhoek

Besides measuring the loan-to-income ratio, we asked families 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.

Housing costs, accommodation, and housing affordability in Windhoek

Rent Cost in Windhoek

Monthly Rent Prices

Studio apartment monthly rent cost

1,600 NAD

2,400 NAD

6,400 NAD

MINIMUM

AVERAGE

MAXIMUM

$85

$130

$340

1-bedroom apartment monthly rent cost

2,400 NAD

3,900 NAD

9,700 NAD

MINIMUM

AVERAGE

MAXIMUM

$130

$200

$510

2-bedroom apartment monthly rent cost

3,200 NAD

4,800 NAD

13,000 NAD

MINIMUM

AVERAGE

MAXIMUM

$170

$250

$680

3-bedroom apartment monthly rent cost

3,900 NAD

6,400 NAD

18,000 NAD

MINIMUM

AVERAGE

MAXIMUM

$200

$340

$930

Furnished apartment monthly rent cost

7,700 NAD

19,000 NAD

39,000 NAD

MINIMUM

AVERAGE

MAXIMUM

$410

$1,000

$2,000

Townhouse monthly rent cost

6,400 NAD

9,700 NAD

28,000 NAD

MINIMUM

AVERAGE

MAXIMUM

$340

$510

$1,500

House monthly rent cost

7,700 NAD

19,000 NAD

39,000 NAD

MINIMUM

AVERAGE

MAXIMUM

$410

$1,000

$2,000

Villa monthly rent cost

9,700 NAD

24,000 NAD

39,000 NAD

MINIMUM

AVERAGE

MAXIMUM

$510

$1,300

$2,000

The monthly rental cost of a studio apartment in Windhoek ranges between 1,600 NAD and 6,400 NAD, meanwhile the cost of monthly rental of a one-bedroom apartment can be anywhere from 2,400 NAD to 9,700 NAD. Two-bedroom rentals rate ranges between 3,200 NAD and 13,000 NAD per month. The monthly rental for a three-bedroom apartment ranges from 3,900 NAD to 18,000 NAD. The average rent of a townhouse in Windhoek is around 9,700 NAD while house rental costs can be as high as 19,000 NAD per month. Finally, if you want to rent a villa, expect to pay anywhere from 9,700 NAD to 39,000 NAD per month.

Apartment and house prices in Windhoek

Cost of buying a property

Studio apartment price

320,000 NAD

480,000 NAD

970,000 NAD

MINIMUM

AVERAGE

MAXIMUM

$17,000

$25,000

$51,000

1-bedroom apartment price

390,000 NAD

640,000 NAD

2.4M NAD

MINIMUM

AVERAGE

MAXIMUM

$20,000

$34,000

$130,000

2-bedroom apartment price

640,000 NAD

1.9M NAD

3.9M NAD

MINIMUM

AVERAGE

MAXIMUM

$34,000

$100,000

$200,000

3-bedroom apartment price

2.1M NAD

3.2M NAD

9.7M NAD

MINIMUM

AVERAGE

MAXIMUM

$110,000

$170,000

$510,000

Townhouse price

2.8M NAD

6.4M NAD

24M NAD

MINIMUM

AVERAGE

MAXIMUM

$150,000

$340,000

$1.3M

House price

3.2M NAD

19M NAD

28M NAD

MINIMUM

AVERAGE

MAXIMUM

$170,000

$1M

$1.5M

Villa price

3.9M NAD

21M NAD

32M NAD

MINIMUM

AVERAGE

MAXIMUM

$200,000

$1.1M

$1.7M

The average price of a studio apartment in Windhoek can range from 320,000 NAD to 970,000 NAD depending on location. One bedroom cost can be anywhere from 390,000 NAD to 2.4M NAD. A villa can cost you 21M NAD on average with prices ranging from 3.9M NAD to 32M NAD.

House / apartment prices to income ratio

Property prices in Windhoek can be x119 to x227 multiples of the monthly income depending on the property and the income of the person. On average, property prices are approximately x119 multiples of the average monthly salary in Windhoek.

Rent to income ratio

The average rent-to-income ratio in Windhoek is around 34%. This means that people pay 34% of their income for rent. Those figures can range from 23% to 45% 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.

Monthly costs and expenses of energy and basic utilities in Windhoek

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

Utility Bill Cost / Electricity + Water + Gas / Family

510 NAD

1,500 NAD

9,400 NAD

MINIMUM

AVERAGE

MAXIMUM

$27

$77

$500

Internet and cable cost

88 NAD

180 NAD

230 NAD

MINIMUM

AVERAGE

MAXIMUM

$4.6

$9.3

$12

Mobile phone bill and charges

70 NAD

120 NAD

350 NAD

MINIMUM

AVERAGE

MAXIMUM

$3.7

$6.2

$19

The average monthly energy and water consumption of families is around 1,500 NAD. The cost of internet and WiFi ranges from 88 NAD to 230 NAD with 180 NAD being the average internet bill. Finally, the average monthly mobile charges is around 120 NAD but can range between 70 NAD and 350 NAD 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 Windhoek is around 6.6%. This means that people pay 6.6% of their income for energy, water, internet, and mobile charges. Those figures can range from 3.3% to 11% depending on salary and location.

Food Prices, Dining Expenses, and Grocery Costs in Windhoek

Prices and cost of goods and services in Windhoek

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

Fast food combo meal price

18 NAD

35 NAD

59 NAD

MINIMUM

AVERAGE

MAXIMUM

$0.93

$1.9

$3.1

The average price of a regular combo meal at a fast food outlet or chain like McDonald's, Pizzahut, or KFC in Windhoek is approximatly 35 NAD with meal cost ranging from 18 NAD to 59 NAD. The typical combo meal consists of a burger, french fries, and a drink.

Restaurant meal for one price

62 NAD

92 NAD

180 NAD

MINIMUM

AVERAGE

MAXIMUM

$3.2

$4.9

$9.7

If you are planning to have a nice meal at a mid-range restaurant, expect to pay anywhere between 62 NAD and 180 NAD with 92 NAD being the average price of a plate for one person at a regular restaurant in Windhoek.

Fine dining meal for one price

120 NAD

180 NAD

740 NAD

MINIMUM

AVERAGE

MAXIMUM

$6.5

$9.7

$39

The price range of a meal at fine-dining restaurant is 120 NAD to 740 NAD with the average cost being 180 NAD for one person. This is what you would expect to pay a top-tier diner in Windhoek.

Beverage prices, cappuccino, latte etc..

15 NAD

23 NAD

35 NAD

MINIMUM

AVERAGE

MAXIMUM

$0.77

$1.2

$1.9

The average price of a regular beverage like cappuccino or latte at Starbucks, Costa, or similar coffee shops and cafes in Windhoek is around 23 NAD. Price ranges between 15 NAD and 35 NAD depending on the type of beverage, the size, and optional add-ons.

Grocery and market costs

Large bottle of milk price

12 NAD

14 NAD

18 NAD

MINIMUM

AVERAGE

MAXIMUM

$0.62

$0.74

$0.93

The average price of a large bottle of milk in Windhoek is 14 NAD. The maximum what you would pay for milk is 18 NAD and the minimum being 12 NAD depending on the brand of milk and other properties.

12 eggs price

8.8 NAD

12 NAD

18 NAD

MINIMUM

AVERAGE

MAXIMUM

$0.46

$0.62

$0.93

A dozen eggs costs around 12 NAD on average with 8.8 NAD and 18 NAD being the lower and upper limits respectively.

Fresh whole chicken price

20 NAD

26 NAD

37 NAD

MINIMUM

AVERAGE

MAXIMUM

$1.1

$1.4

$1.9

The price range of a fresh whole chicken in Windhoek is between 20 NAD and 37 NAD depending on the size of the chicken and whether it is oraganic or not. The average price is approximatly 26 NAD.

Pack of beef price

23 NAD

35 NAD

70 NAD

MINIMUM

AVERAGE

MAXIMUM

$1.2

$1.9

$3.7

The price of a regular pack of beef or meat is around 35 NAD. A pack of beef contains around 1Kg or 1lb depending on packing.

Medium bag of rice price

9.5 NAD

13 NAD

18 NAD

MINIMUM

AVERAGE

MAXIMUM

$0.50

$0.68

$0.97

A bag of rice in Windhoek costs around 13 NAD on average with prices rangeing between 9.5 NAD and 18 NAD depending on the brand and quality.

Bag of tomatos price

3.5 NAD

4.7 NAD

8.8 NAD

MINIMUM

AVERAGE

MAXIMUM

$0.19

$0.25

$0.46

A bag of tomatoes costs anywhere from 3.5 NAD to 8.8 NAD. A bag of tomatoes denotes 1Kg or 1lb depending on location.

Bag of apples price

6.3 NAD

8.2 NAD

14 NAD

MINIMUM

AVERAGE

MAXIMUM

$0.33

$0.43

$0.71

A bag of apples costs 8.2 NAD 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 Windhoek is around 29%. This means that families spend 29% of their income on grocery and basic household items. The expenditure can range from 20% to 35% depending on salary and location.

Expenditure on food and grocery for families