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Kampala has a Price-to-income Ratio of 79.4, Topping Global Charts

Somali traders competing with Chinese businesses in local markets.

As the demand for accommodation rises, the dream of owning a home in Kampala is becoming an increasingly expensive pursuit. The real estate landscape in Kampala has experienced a notable price surge, making homeownership a formidable task for locals. This was highlighted by Numbeo’s price-to-income ratio, which shows Kampala as the most expensive city. The price-to-income ratio is a technique that displays the ratio between the current market value of the housing unit that a household intends to acquire and the total yearly income of the household.

SOURCE: BUSINESS INSIDER

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