Angola is a country of dramatic contrasts. Most of its population live in poverty while companies producing oil, gas and diamonds wallow in big money. Obviously, the latter set the prices because the Angola’s capital Luanda is said to be one of the planet’s most expensive places to live in (Cost of Living survey by Mercer, 2013-2015): it is 20% more expensive than New York. Only Tokyo dared to be costlier in 2012, but these two cities are hardly comparable in terms of price-quality ratio.
The country’s independence started with a 3-decade wasting civil war. After the war had ended in 2002, the country started to make up for the lost years but with a perceptible warp towards oil and diamond industries. Infrastructure damaged by the war is still in a miserable condition which cuts off inhabitants of remote rural areas from the welfare of prosperous regions. The country has nothing to produce except its nature resources, and, therefore, rural areas are miserably poor. As everything is imported, the prices for overseas goods are astronomical. As the population of Luanda is constantly increasing (over 4 million people so far), the demand stirs up the prices.
Foreigners are usually allowed to work only in Luanda, so the predatory pricing of the capital city is focused mostly on expats who earn big money in oil corporations. In Luanda, everything is costlier than even in metropolises of top-tier countries.
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