Reference Value Report: Living Income Report and 2024 Update for Rural Rwanda

2024 Reference Value Update Report: Living Income Report for Rural Rwanda

Abstract

This report updates the Anker Living Income Reference Value for rural Rwanda to June 2024. The Living Income was RWF 187,633 (USD 204) in the original report for 2020.2 The updated Anker Living Income for 2024 is RWF 280,777 (USD 214). This update takes into account the inflation rate for June 2023 to June 2024. Accumulated inflation in this period was 1.1%.

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Original Report

2020 Reference Value Report: Living Income Report for Rural Rwanda

Abstract

The Anker Living Income Reference Value for 2020 for rural Rwanda is RWF 187,633 per month (USD 204)2 with a 95% confidence interval around it from RWF 167,997 to RWF 209,564. This is the monthly cost of a basic but decent standard of living for a typical family in rural Rwanda in 2020.

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Reference Value Report: Living Wage Report and 2024 Update for Rural Rwanda