Reference Value Report: Living Wage Report and 2024 Update for Urban Tanzania
2024 Reference Value Update Report: Living Wage Report for Urban Tanzania
Abstract
This report updates the Anker Living Wage Reference Value for urban Tanzania to 2024. This was originally estimated at TZS 425,608 (USD 186) for 2020 in the original report.2 The updated value takes into account the inflation accumulated in the country from June 2020 to June 2024 (15.5%). The value updated to 2024 is TZS 482,658 (USD 184), and comprises a net living wage of TZS 417,380 (USD 159) and social security and income tax payments of TZS 65,278 (USD 25). Without accounting for inflation, the living wage estimated in 2020 would not be sufficient for families to have a basic but decent standard of living in 2024, because the purchasing power of the living income would have decreased. Social security contributions and income tax are calculated based on up-to-date tax laws
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Original Report
2020 Reference Value Report: Living Wage Report for Urban Tanzania
Abstract
The Anker Living Wage Reference Value for 2020 for urban Tanzania is TZS 425,608 per month (USD 169) 2 with a 95% confidence interval around it from TZS 388,038 to TZS 471,092. This is the wage required for workers to be able to afford a basic but decent living standard in a typical urban area of Tanzania. The Reference Value is comprised of a net living wage (i.e. take-home pay) of TZS 361,338 (USD 158) per month plus TZS 64,270 (USD 28) which would need to be paid by law in social security and income tax on the living wage
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