Cost Of Living For a Single Person in Central African Republic 2024

Single person cost of living chart - individual average monthly expenditure in Central African Republic

Average Monthly Expenditure

Currency: XAF
42,000 300,000 2M
MINIMUM AVERAGE MAXIMUM
$69 $490 $3,300

Average monthly spending for a single person or individual in Central African Republic

How much money does an individual need in a month to survive in Central African Republic?

A single person in Central African Republic spends around 300,000 XAF per month on average. Depending on the lifestyle, a single individual can survive with a monthly budget as low as 42,000 XAF or as high as 2M XAF. Location and income are very important factors and have a huge influence on expenditure and budget.


Prices and cost of goods and services in Central African Republic


Chart showing the prices and cost of grocery, food, restaurant meals, market, and beverages in Central African Republic

Dining, food, and beverages costs


Fast food combo meal

430 XAF 870 XAF 1,400 XAF
MINIMUM AVERAGE MAXIMUM
$0.72 $1.4 $2.4

Restaurant meal for one

1,400 XAF 2,200 XAF 4,300 XAF
MINIMUM AVERAGE MAXIMUM
$2.4 $3.6 $7.2

Fine dining meal for one

2,900 XAF 4,300 XAF 17,000 XAF
MINIMUM AVERAGE MAXIMUM
$4.8 $7.2 $29

Cappuccino or latte

360 XAF 580 XAF 870 XAF
MINIMUM AVERAGE MAXIMUM
$0.60 $0.96 $1.4

Grocery and market costs


Milk large bottle

290 XAF 350 XAF 430 XAF
MINIMUM AVERAGE MAXIMUM
$0.48 $0.57 $0.72

12 eggs

220 XAF 290 XAF 430 XAF
MINIMUM AVERAGE MAXIMUM
$0.36 $0.48 $0.72

Fresh whole chicken

490 XAF 640 XAF 900 XAF
MINIMUM AVERAGE MAXIMUM
$0.82 $1.1 $1.5

Pack of beef

580 XAF 870 XAF 1,700 XAF
MINIMUM AVERAGE MAXIMUM
$0.96 $1.4 $2.9

Medium bag of rice

230 XAF 320 XAF 450 XAF
MINIMUM AVERAGE MAXIMUM
$0.39 $0.53 $0.75

Bag of tomatos

87 XAF 120 XAF 220 XAF
MINIMUM AVERAGE MAXIMUM
$0.14 $0.19 $0.36

Bag of apples

160 XAF 200 XAF 330 XAF
MINIMUM AVERAGE MAXIMUM
$0.26 $0.34 $0.55
Chart showing the prices and cost of commute, travel, and transportation in Central African Republic


Commute, travel, and transportation costs


20 minutes taxi ride

360 XAF 430 XAF 870 XAF
MINIMUM AVERAGE MAXIMUM
$0.60 $0.72 $1.4

Average car full tank

2,200 XAF 2,900 XAF 5,800 XAF
MINIMUM AVERAGE MAXIMUM
$3.6 $4.8 $9.6

Average car 1-day rental

2,200 XAF 2,900 XAF 4,300 XAF
MINIMUM AVERAGE MAXIMUM
$3.6 $4.8 $7.2

Average car price

1.1M XAF 2.2M XAF 2.9M XAF
MINIMUM AVERAGE MAXIMUM
$1,800 $3,600 $4,800

Bus ticket one way

72 XAF 110 XAF 220 XAF
MINIMUM AVERAGE MAXIMUM
$0.12 $0.18 $0.36

Car Service

2,900 XAF 4,300 XAF 8,700 XAF
MINIMUM AVERAGE MAXIMUM
$4.8 $7.2 $14
Chart showing the prices and cost of utility, energy, water, and gas in Central African Republic


Utility cost (monthly)


Utility Bill - Individual

2,500 XAF 18,000 XAF 120,000 XAF
MINIMUM AVERAGE MAXIMUM
$4.1 $29 $200

Internet and cable

2,200 XAF 4,300 XAF 5,800 XAF
MINIMUM AVERAGE MAXIMUM
$3.6 $7.2 $9.6

Mobile phone charges

1,700 XAF 2,900 XAF 8,700 XAF
MINIMUM AVERAGE MAXIMUM
$2.9 $4.8 $14

Leisure and activities costs


Movie ticket

1,100 XAF 1,400 XAF 2,200 XAF
MINIMUM AVERAGE MAXIMUM
$1.8 $2.4 $3.6

One month gym membership

3,500 XAF 4,300 XAF 8,700 XAF
MINIMUM AVERAGE MAXIMUM
$5.7 $7.2 $14
Chart showing the prices and cost of clothing and accessories in Central African Republic


Cloths and accessories costs


Pair of jeans or pants

2,600 XAF 3,600 XAF 5,400 XAF
MINIMUM AVERAGE MAXIMUM
$4.2 $6 $9

Woman dress

2,400 XAF 3,300 XAF 11,000 XAF
MINIMUM AVERAGE MAXIMUM
$4 $5.5 $18

Woman shoes

2,300 XAF 3,100 XAF 7,200 XAF
MINIMUM AVERAGE MAXIMUM
$3.8 $5.1 $12

Men's shoes

2,000 XAF 2,400 XAF 4,800 XAF
MINIMUM AVERAGE MAXIMUM
$3.3 $4 $8

Men suit

2,200 XAF 2,700 XAF 14,000 XAF
MINIMUM AVERAGE MAXIMUM
$3.6 $4.5 $24

Regular t-shirt

1,100 XAF 1,400 XAF 4,300 XAF
MINIMUM AVERAGE MAXIMUM
$1.8 $2.4 $7.2
Chart showing the prices and cost of housing, accommodation, and rent in Central African Republic


Housing costs / monthly rent


Studio apartment

36,000 XAF 54,000 XAF 140,000 XAF
MINIMUM AVERAGE MAXIMUM
$60 $90 $240

1-bedroom apartment

54,000 XAF 87,000 XAF 220,000 XAF
MINIMUM AVERAGE MAXIMUM
$90 $140 $360

2-bedroom apartment

72,000 XAF 110,000 XAF 290,000 XAF
MINIMUM AVERAGE MAXIMUM
$120 $180 $480

Housing costs / Buying


Studio apartment

7.2M XAF 11M XAF 22M XAF
MINIMUM AVERAGE MAXIMUM
$12,000 $18,000 $36,000

1-bedroom apartment

8.7M XAF 14M XAF 54M XAF
MINIMUM AVERAGE MAXIMUM
$14,000 $24,000 $90,000

2-bedroom apartment

14M XAF 43M XAF 87M XAF
MINIMUM AVERAGE MAXIMUM
$24,000 $72,000 $140,000
Chart showing the prices and cost of furniture in Central African Republic


Furniture Costs


King Size Bed

43,000 XAF 54,000 XAF 72,000 XAF
MINIMUM AVERAGE MAXIMUM
$72 $90 $120

Double Bed

29,000 XAF 43,000 XAF 54,000 XAF
MINIMUM AVERAGE MAXIMUM
$48 $72 $90

Single Bed

26,000 XAF 33,000 XAF 43,000 XAF
MINIMUM AVERAGE MAXIMUM
$42 $55 $72

Living Room

48,000 XAF 62,000 XAF 220,000 XAF
MINIMUM AVERAGE MAXIMUM
$80 $100 $360

Dining Table

22,000 XAF 29,000 XAF 54,000 XAF
MINIMUM AVERAGE MAXIMUM
$36 $48 $90

Sofa or Couch

29,000 XAF 39,000 XAF 87,000 XAF
MINIMUM AVERAGE MAXIMUM
$48 $65 $140
Chart showing the prices and cost of electronic devices and appliances in Central African Republic


Electronics and House Appliance Costs


TV Set

29,000 XAF 43,000 XAF 87,000 XAF
MINIMUM AVERAGE MAXIMUM
$48 $72 $140

Fridge or Freezer

26,000 XAF 39,000 XAF 54,000 XAF
MINIMUM AVERAGE MAXIMUM
$42 $65 $90

Washing Machine

33,000 XAF 48,000 XAF 87,000 XAF
MINIMUM AVERAGE MAXIMUM
$55 $80 $140

Stove or Cooker

31,000 XAF 39,000 XAF 54,000 XAF
MINIMUM AVERAGE MAXIMUM
$51 $65 $90

Mobile Phone

36,000 XAF 43,000 XAF 62,000 XAF
MINIMUM AVERAGE MAXIMUM
$60 $72 $100

Laptop or Computer

39,000 XAF 48,000 XAF 87,000 XAF
MINIMUM AVERAGE MAXIMUM
$65 $80 $140
Single person or Individual cost of living and expenditure to income ratio in Central African Republic

Single person expenditure to income ratio in Central African Republic

Analysing the how affordable it is for an individual to live in Central African 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. Individuals usually spend a larger chunk of their income than other population groups. A typical and healthy expenditure percentage for a single individual ranges between 70% to 80%.


Spending to Income Ratio

77%

70% to 85%

( expenditure / income ) x 100


Individuals in Central African Republic spend around 77% of their monthly income. Some individuals spend as low as 70% of their income while some as high as 85%.

Distribution of monthly cost of living expenses of a single person in Central African Republic

How do individuals spend their money in Central African Republic?

We asked thousands of individuals 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 individuals

Accomodation Cost31%

31% of total expenses on average (19% to 43%)

LOW$25   15,000 XAF
AVERAGE$180   110,000 XAF
HIGH$1,200   710,000 XAF
Per Month

Individuals in Central African Republic typically spend from 19% to 43% of their total monthly expenditure on housing with 31% being the average. The average monthly spend on housing is 110,000 XAF with expenditure ranging from 15,000 XAF to 710,000 XAF. This cost mainly goes for rent but it also includes other accommodation-related expenses.

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

Cost of utilities8%

8% of total expenses on average (4% to 13%)

LOW$4.1   2,500 XAF
AVERAGE$29   18,000 XAF
HIGH$200   120,000 XAF
Per Month

Utility expenditure like electricity, water, and gas in Central African Republic ranges from 4% to 13% of total expenses with 8% being the average for most individuals. The average monthly cost of utilities is 18,000 XAF with 2,500 XAF and 120,000 XAF being the upper and lower limits for a single person.

Transport, fuel, and commute expenditure for individuals

Cost of transport and fuel6%

6% of total expenses on average (4% to 12%)

LOW$5.5   3,300 XAF
AVERAGE$39   24,000 XAF
HIGH$260   160,000 XAF
Per Month

Fuel consumption and cost of transport depend heavily on whether a single person resides near school and work, but roughly speaking a single person would expect to spend from 3,300 XAF to 160,000 XAF in a month on commuting with 24,000 XAF being the norm for most individuals. This means that money spent on transport constitutes about 6% of total spending on average but can go as low as 4% or as high as 12%.

Food, groceries, and basic shopping expenditure for individuals

Food and Groceries Cost18%

18% of total expenses on average (12% to 23%)

LOW$11   6,700 XAF
AVERAGE$79   48,000 XAF
HIGH$520   320,000 XAF
Per Month

The average outlay on groceries and basic houshold items for a typical person in a month in Central African Republic is 48,000 XAF. The cost of groceries can range between 6,700 XAF to 320,000 XAF. Individuals spend on average about 18% on food and groceries with upper and lower bounds of 12% and 23% respectively.

Healthcare and medical services expenditure for individuals

Cost of healthcare11%

11% of total expenses on average (5% to 15%)

LOW$6.2   3,800 XAF
AVERAGE$44   27,000 XAF
HIGH$290   180,000 XAF
Per Month

Individuals in Central African Republic allocate 5% to 15% 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 3,800 XAF to 180,000 XAF with 27,000 XAF being the norm for most individuals.

Leisure and shopping expenditure for individuals

Cost of leisure and shopping3%

3% of total expenses on average (3% to 6%)

LOW$3.4   2,100 XAF
AVERAGE$25   15,000 XAF
HIGH$160   99,000 XAF
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 2,100 XAF to 99,000 XAF with 15,000 XAF being the average. Speaking of percentages, that equates to 3% to 6% of total expenses with an average of 3% for most individuals.

Education and schooling expenditure for individuals

Cost of education and schooling2%

2% of total expenses on average (1% to 4%)

LOW$1.4   830 XAF
AVERAGE$9.8   5,900 XAF
HIGH$66   40,000 XAF
Per Month

Spending on education can vary drastically between different individuals. On average, education constitutes 2% of the monthly expenditure of individuals with 1% and 4% being the lower and upper bounds respectively. The average reported education cost is 5,900 XAF per month with 830 XAF being the minimum spent amount and 40,000 XAF being the maximum.

Other Expenses21%

21% of total expenses on average (13% to 25%)

LOW$12   7,500 XAF
AVERAGE$88   53,000 XAF
HIGH$590   360,000 XAF
Per Month
Percentage of individuals who manage to save money from their income every month in Central African Republic

What percentage of individuals in Central African Republic are able to save money and how much can they save?


Percentage of individuals that reported their ability to save money


Saving Money
60%
Not Saving
40%

Almost 60% of surveyed individuals in Central African Republic said that they can save some money at the end of each month while 40% reported that they have to utilize their whole income to survive.


A single person savings to income ratio in Central African Republic

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 individuals 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

14% 23% of income 33%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

10,000 XAF
$17
94,000 XAF
$160
630,000 XAF
$1,000
MINIMUM AVERAGE MAXIMUM

Savings to income distribution levels for individuals

Saving To Income Ratio% Individuals
0% - 10%30%
10% - 20%23%
20% - 30%16%
30% - 40%15%
40% - 50%12%
> 50%4%

Interpretation and Analysis

Individuals that are able to save money can put anywhere from 14% to 33% of their monthly income to their savings, with 23% being the average for most individuals. The average monthly amount of money that individuals can put aside is 94,000 XAF with 10,000 XAF and 630,000 XAF being the minimum and maximum respectively.

Reasons that make it difficult for individuals to save money in Central African Republic

Saving Challenges in Central African Republic

Reasons that make it difficult for individuals to save money

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


Reason% People
Low Income6%
High Expenses9%
Debt and Loans16%
Lack of Budgeting Skills11%
Impulsive Spending10%
Financial Emergencies6%
Living the moment6%
Will do it later19%
Inflation12%
Social Pressure3%
Market Instability3%

Around 6% of the individuals said that their salary is too low to accommodate a portion for savings while 9% said that the high cost of living leaves little room for savings. 16% 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. 10% of individuals blamed impulsive spending as the reason for saving inability. Around 6% 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. 19% 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. 12% 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, 3% blamed market instability and price fluctuations.

Where do individuals choose to put their savings in Central African Republic

Typical saving choices for individuals in Central African Republic

Where do people choose to put their savings?


Saving Type% People
Emergency Funds11%
Gold11%
Savings Accounts17%
Retirement Accounts11%
Cash Savings18%
Real Estate10%
Investment6%
Stocks5%
Bonds6%
Mutual Funds3%
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 individuals to live in Central African Republic

Affordable living in Central African Republic

Income and cost of living compatibility

We asked individuals one simple question and recorded their answers.

Is it affordable or economical to live in Central African Republic?


Yes
51%
No
49%

Around 51% of surveyed individuals think that living in Central African Republic is affordable with proper budgeting while 49% reported that it is just too expensive and not affordable even with frugality and thriftness.

How easily is cost-cutting for individuals. Are there plenty of low-cost options in Central African Republic

Low-cost alternatives in Central African 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 individuals how easily cost-cutting is and the answers were distributed as follows:

Plenty of low-cost options53%

Few low-cost options47%


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

Emergency Funds For Individuals

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 individuals of Central African Republic whether they have an emergency fund and the answers were as follows.

Yes47%

No53%


Based on the survey, 53% of the individuals living in Central African Republic said that they don't have an emergency fund while 47% said that they do.

Financial literacy and difficulty in budgeting and financial planning for individuals in Central African Republic

Financial Literacy in Central African 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 Leteracy46%


We asked individuals in Central African Republic whether they acquired any adequate personal financial training in their lives. Approximately 54% 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 46% 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 single people of Central African 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? 56% of the participants reported that they indeed struggle in creating budgets and in organizing their finances while 44% said that they have everything under control.

Struggles with finance56%

Easily manages finances44%

Financial goals and targets of single people living in Central African Republic

Financial goals of individuals in Central African Republic

In an attempt to understand the economic situation in Central African 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 Fund7%
Debt Reduction38%
Retirement Savings9%
Education Funding8%
Homeownership17%
Investing8%
Travel or Lifestyle9%
Healthcare Expenses11%
Financial Independence7%

Around 7% of individuals said that their main goal is to establish an emergency fund to cover unexpected expenses while 38% said their number one priority is to pay off high-interest debt or loans and improve credit. 9% of surveyed people confirmed that saving for retirement to ensure a comfortable lifestyle in the final years is their main target. Around 8% reported that their priority is saving for the tuition fees and education costs of their children while 17% choose to buy a home or pay off existing mortgage before other things. 8% of the population would like to build wealth through investments such as stocks, bonds, mutual funds, or real estate. For 9% of people, saving for vacations or upgrading their lifestyle is the number one concern. Approximately 11% of the residents said that saving for healthcare expenses including insurance premiums is their main goal.

Chart showing the percentage of individuals who are in debt in Central African Republic

Debt, loans, and mortgages in Central African Republic


Percentage of individuals who are in debt


In Debt
34%
Debt Free
66%

According to the survey, 34% of the individuals in Central African Republic have some kind of debt, loan, mortgage, or credit card payments while 66% reported that they don't have financial obligations to banks.


Chart showing debt-to-income ratio in Central African Republic

Debt-to-income ratio in Central African Republic

Debt to income ratio

30%

22% to 39%

( 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 30% of a single person's monthly income in Central African Republic goes to debt settlement.


Debt levels

Monthly debt settlement payment as percentage of monthly income

Debt-to-income ratio% People
> 60%3%
50% - 60%15%
40% - 50%13%
30% - 40%15%
20% - 30%13%
10% - 20%15%
0% - 10%27%

According to our data, 3% of the debtors in Central African Republic pay 60%+ of their income as debt settlement while 15% of the people pay 50% to 60% of their income for the same, which is quite an alarming financial situation for those individuals. 13% of people in debt dedicate 40% to 50% of their income to loan and mortgage payments while 15% dedicated 30% to 40% of income for same. Things are looking brighter for 13% of individuals as they only pay 20% to 30% of their income for loan and credit card repayment.


Distribution by type of debt in Central African Republic

Debt% People
Real Estate Mortgage11%
Auto Loan19%
Student Loan3%
Credit Card27%
Personal Loan40%

11% of debtors in Central African Republic confirm that real estate mortgages constitutes the main part of their outstanding debt while 27% say that credit card payments are the reason they are in debt. Auto loans were the main type of debt for 19% of people and personal loans rose at 40%. Lastly, student loans are the main source of debt for 3% of debtors in Central African Republic.


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 Central African Republic

Besides measuring the loan-to-income ratio, we asked individuals of Central African 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
Never53%
Once a year23%
Twice a year12%
Three times a year8%
Four times a year4%
Housing and accommodation affordability, property price to income ratio, rent to income ratio, and housing affordability index chart in Central African Republic

Housing costs, accommodation, and housing affordability in Central African Republic

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


Rent Cost in Central African Republic

Monthly Rent Prices

Studio apartment monthly rent cost

36,000 XAF 54,000 XAF 140,000 XAF
MINIMUM AVERAGE MAXIMUM
$60 $90 $240

1-bedroom apartment monthly rent cost

54,000 XAF 87,000 XAF 220,000 XAF
MINIMUM AVERAGE MAXIMUM
$90 $140 $360

2-bedroom apartment monthly rent cost

72,000 XAF 110,000 XAF 290,000 XAF
MINIMUM AVERAGE MAXIMUM
$120 $180 $480

3-bedroom apartment monthly rent cost

87,000 XAF 140,000 XAF 390,000 XAF
MINIMUM AVERAGE MAXIMUM
$140 $240 $650

Furnished apartment monthly rent cost

170,000 XAF 430,000 XAF 870,000 XAF
MINIMUM AVERAGE MAXIMUM
$290 $720 $1,400

Townhouse monthly rent cost

140,000 XAF 220,000 XAF 620,000 XAF
MINIMUM AVERAGE MAXIMUM
$240 $360 $1,000

House monthly rent cost

170,000 XAF 430,000 XAF 870,000 XAF
MINIMUM AVERAGE MAXIMUM
$290 $720 $1,400

Villa monthly rent cost

220,000 XAF 540,000 XAF 870,000 XAF
MINIMUM AVERAGE MAXIMUM
$360 $900 $1,400

The monthly rental cost of a studio apartment in Central African Republic ranges between 36,000 XAF and 140,000 XAF, meanwhile the cost of monthly rental of a one-bedroom apartment can be anywhere from 54,000 XAF to 220,000 XAF. Two-bedroom rentals rate ranges between 72,000 XAF and 290,000 XAF per month. The monthly rental for a three-bedroom apartment ranges from 87,000 XAF to 390,000 XAF. The average rent of a townhouse in Central African Republic is around 220,000 XAF while house rental costs can be as high as 430,000 XAF per month. Finally, if you want to rent a villa, expect to pay anywhere from 220,000 XAF to 870,000 XAF per month.



Apartment and house prices in Central African Republic

Cost of buying a property

Studio apartment price

7.2M XAF 11M XAF 22M XAF
MINIMUM AVERAGE MAXIMUM
$12,000 $18,000 $36,000

1-bedroom apartment price

8.7M XAF 14M XAF 54M XAF
MINIMUM AVERAGE MAXIMUM
$14,000 $24,000 $90,000

2-bedroom apartment price

14M XAF 43M XAF 87M XAF
MINIMUM AVERAGE MAXIMUM
$24,000 $72,000 $140,000

3-bedroom apartment price

48M XAF 72M XAF 220M XAF
MINIMUM AVERAGE MAXIMUM
$80,000 $120,000 $360,000

Townhouse price

62M XAF 140M XAF 540M XAF
MINIMUM AVERAGE MAXIMUM
$100,000 $240,000 $900,000

House price

72M XAF 430M XAF 620M XAF
MINIMUM AVERAGE MAXIMUM
$120,000 $720,000 $1M

Villa price

87M XAF 480M XAF 720M XAF
MINIMUM AVERAGE MAXIMUM
$140,000 $800,000 $1.2M

The average price of a studio apartment in Central African Republic can range from 7.2M XAF to 22M XAF depending on location. One bedroom cost can be anywhere from 8.7M XAF to 54M XAF. A villa can cost you 480M XAF on average with prices ranging from 87M XAF to 720M XAF.


If you're leasing or purchasing, housing costs in Central African 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


35 x101 monthly income 201
MINIMUM AVERAGE MAXIMUM

Property prices in Central African Republic can be x101 to x201 multiples of the monthly income depending on the property and the income of the person. On average, property prices are approximately x101 multiples of the average monthly salary in Central African Republic.



Rent to income ratio


Rent to income ratio

( monthly rental / monthly income ) x 100


20% 30% of income 40%
MINIMUM AVERAGE MAXIMUM

The average rent-to-income ratio in Central African Republic is around 30%. This means that people pay 30% of their income for rent. Those figures can range from 20% to 40% 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
28%

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
2%
AVERAGE
3%
TO
4%

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.


660 XAF 8,600 XAF 86,000 XAF
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 Central African Republic

Utilities expenditure can vary slightly between different areas and locations.


Energy, electricity, water, gas, internet, and mobile cost in Central African Republic

Utility Bill Cost / Electricity + Water + Gas / A single person

2,500 XAF 18,000 XAF 120,000 XAF
MINIMUM AVERAGE MAXIMUM
$4.1 $29 $200

Internet and cable cost

2,200 XAF 4,300 XAF 5,800 XAF
MINIMUM AVERAGE MAXIMUM
$3.6 $7.2 $9.6

Mobile phone bill and charges

1,700 XAF 2,900 XAF 8,700 XAF
MINIMUM AVERAGE MAXIMUM
$2.9 $4.8 $14

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 individuals is around 18,000 XAF. The cost of internet and WiFi ranges from 2,200 XAF to 5,800 XAF with 4,300 XAF being the average internet bill. Finally, the average monthly mobile charges is around 2,900 XAF but can range between 1,700 XAF and 8,700 XAF 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% 6% of income 10%
MINIMUM AVERAGE MAXIMUM

The average utility-to-income ratio in Central African 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 Central African Republic

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


Prices and cost of goods and services in Central African Republic

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

Fast food combo meal price

430 XAF 870 XAF 1,400 XAF
MINIMUM AVERAGE MAXIMUM
$0.72 $1.4 $2.4

The average price of a regular combo meal at a fast food outlet or chain like McDonald's, Pizzahut, or KFC in Central African Republic is approximatly 870 XAF with meal cost ranging from 430 XAF to 1,400 XAF. The typical combo meal consists of a burger, french fries, and a drink.

Restaurant meal for one price

1,400 XAF 2,200 XAF 4,300 XAF
MINIMUM AVERAGE MAXIMUM
$2.4 $3.6 $7.2

If you are planning to have a nice meal at a mid-range restaurant, expect to pay anywhere between 1,400 XAF and 4,300 XAF with 2,200 XAF being the average price of a plate for one person at a regular restaurant in Central African Republic.

Fine dining meal for one price

2,900 XAF 4,300 XAF 17,000 XAF
MINIMUM AVERAGE MAXIMUM
$4.8 $7.2 $29

The price range of a meal at fine-dining restaurant is 2,900 XAF to 17,000 XAF with the average cost being 4,300 XAF for one person. This is what you would expect to pay a top-tier diner in Central African Republic.

Beverage prices, cappuccino, latte etc..

360 XAF 580 XAF 870 XAF
MINIMUM AVERAGE MAXIMUM
$0.60 $0.96 $1.4

The average price of a regular beverage like cappuccino or latte at Starbucks, Costa, or similar coffee shops and cafes in Central African Republic is around 580 XAF. Price ranges between 360 XAF and 870 XAF depending on the type of beverage, the size, and optional add-ons.



Grocery and market costs

Large bottle of milk price

290 XAF 350 XAF 430 XAF
MINIMUM AVERAGE MAXIMUM
$0.48 $0.57 $0.72

The average price of a large bottle of milk in Central African Republic is 350 XAF. The maximum what you would pay for milk is 430 XAF and the minimum being 290 XAF depending on the brand of milk and other properties.

12 eggs price

220 XAF 290 XAF 430 XAF
MINIMUM AVERAGE MAXIMUM
$0.36 $0.48 $0.72

A dozen eggs costs around 290 XAF on average with 220 XAF and 430 XAF being the lower and upper limits respectively.

Fresh whole chicken price

490 XAF 640 XAF 900 XAF
MINIMUM AVERAGE MAXIMUM
$0.82 $1.1 $1.5

The price range of a fresh whole chicken in Central African Republic is between 490 XAF and 900 XAF depending on the size of the chicken and whether it is oraganic or not. The average price is approximatly 640 XAF.

Pack of beef price

580 XAF 870 XAF 1,700 XAF
MINIMUM AVERAGE MAXIMUM
$0.96 $1.4 $2.9

The price of a regular pack of beef or meat is around 870 XAF. A pack of beef contains around 1Kg or 1lb depending on packing.

Medium bag of rice price

230 XAF 320 XAF 450 XAF
MINIMUM AVERAGE MAXIMUM
$0.39 $0.53 $0.75

A bag of rice in Central African Republic costs around 320 XAF on average with prices rangeing between 230 XAF and 450 XAF depending on the brand and quality.

Bag of tomatos price

87 XAF 120 XAF 220 XAF
MINIMUM AVERAGE MAXIMUM
$0.14 $0.19 $0.36

A bag of tomatoes costs anywhere from 87 XAF to 220 XAF. A bag of tomatoes denotes 1Kg or 1lb depending on location.

Bag of apples price

160 XAF 200 XAF 330 XAF
MINIMUM AVERAGE MAXIMUM
$0.26 $0.34 $0.55

A bag of apples costs 200 XAF 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


18% 26% of income 32%
MINIMUM AVERAGE MAXIMUM

The average grocery-to-income ratio in Central African Republic is around 26%. This means that individuals spend 26% of their income on grocery and basic household items. The expenditure can range from 18% to 32% depending on salary and location.


Expenditure on food and grocery for individuals

Individuals' spending on grocery ranges from 6,700 XAF to 320,000 XAF with the location, income being the most determinite factors.

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