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Residential building costs in African cities as of July 2024, by building type (in U.S. dollars per square meter)

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Source

Release date

September 2024

Region

Africa

Survey time period

as of July 2024

Supplementary notes

Prices exclude land, site works, professional fees, tenant fit-out and equipment.
Exchange rates to U.S. dollars based on May 1, 2024 values.

Citation formats

Residential construction costs in select African cities by building type 2024

Published by ÌÇÐÄÆƽâ°æ Research Department, Dec 13, 2024

Lagos was the African city, among the ones selected here, with the highest construction costs in 2024. The average multi-unit high-rise in Accra (Ghana) cost over U.S. dollars per square meter to construct. That year, Kampala (Uganda) was one of the Africa cities with the highest hotel building costs.

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Construction costs in the U.S.Construction industry in the U.S.Construction equipment industry worldwideCement industry worldwideSteel industry worldwide
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