Reference Value Report: Living Income and 2024 Update for Rural Democratic Republic of Congo
2024 Reference Value Update Report: Living Income Report for Rural Democratic Republic of Congo
Abstract
This report updates the Anker Living Income Reference Value for rural Democratic Republic of Congo (DRC) to account for price inflation since the original report of 2021. The estimated living income for rural DRC was CDF 380,033 per month in 2021. Between mid-2021 and mid-2024, the inflation rate in DRC was 54.7%.3 Without accounting for inflation, the living income for 2021would not suffice for a basic yet decent standard of living in 2024 due to decreased purchasing power. Therefore, the updated living income for 2024 in rural areas of DRC is CDF 587,872 per month.
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Original Report
2021 Reference Value Report: Living Income Report for Rural Democratic Republic of Congo
Abstract
The Anker Living Income Reference Value for 2021 for rural Democratic Republic of Congo (DRC) is CDF 380,033 per month (USD 193) 2 with a 95% confidence interval around it from CDF 325,801 to CDF 443,291. This is the estimated monthly cost of a basic but decent standard of living for a typical family in rural DRC in 2021.
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