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The Price of the World: How South Africa compares



Do South Africans get a good deal compared to the rest of the world – or are we forced to pay more than other nations for the things we need?

While we all know the prices we pay for our homes, bills, food, childcare and leisure activities, it's hard to take a step back and see how these figures compare to the rest of the world.

Infographic, made up of forex trading experts, looks at this – demonstrating how South Africa compares with nine other countries in ten different financial factors.

The study shows:

The properties in Cape Town cost $ 2.7k per square meter – this is the same as Dubai, where wages are 2.5 times higher. But this price is almost 6.5 times cheaper than London.
Oil costs an average of $ 0.92 per liter, which is much cheaper than Italy (1.61 $) and Great Britain (1.46 $), but it is more expensive than the US ($ 0.71) and the UAE ($ 0.49) high.
A cup of coffee in South Africa usually costs less than half the price paid by the Americans – and movie tickets are the cheapest here, almost a third of the price of the most expensive tickets in Japan.

See the info below for the full comparison to see how South Africa compares with the rest of the world.

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