EconomyHeadline News

Lusaka most expensive city to live – JCTR

LUSAKA has remained the most expensive city to live in after registering a K415.62 increase in the cost of living for a family of 5 for month of December 2022. The Jesuit Centre for Theological Reflections (JCTR) basic needs and nutrition basket has indicated.

According to Basic Needs and Nutrition Basket (BNNB And the average cost of living in December 2022 stood at K6, 354.44 reflecting a K264.58 increase compared to November 2022.

The study indicated that Solwezi was the second most expensive town to live in after Lusaka, with a basket of K8, 188.02, owing largely to the higher cost of housing in the district.

The latest report availed to the Daily Nation indicated further that Kasama finished the year as the cheapest town to live in, with the basket standing at K4, 314.9.

It also shows that the cost of living for Monze district reduced to K5, 496.65 from K5, 603.29 while Mazabuka reduced to K5, 896.4 from K6, 059.26.

The Jesuit Centre for Theological Reflection says they also observed fluctuations in the basket across most districts with an increase in food items such as roller mealie meal and Kapenta due to the current fish ban.

The Centre is however hopeful that the price of Kapenta will be regulated as the country moves away from the fish ban season next month.


Related Articles

Back to top button