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

This report updates the Anker Living Income Reference Value for rural Tanzania to 2024. This was TZS 458,092 (USD 200) for 2020 in the original report. It is estimated as TZS 529,140 (USD 202) for 2024. This update takes into account the inflation accumulated from mid-2020 to mid-2024 in the country. Accumulated inflation in this period is estimated to be 15.5% . Without accounting for inflation, the living income 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.