🇿🇦 Cost of Living in Cape Town - Prices & Budget Guide
Last updated: March 2026
Economic Indicators
GDP per Capita (PPP)$15,456 (2024)
Inflation Rate4.4% (2024)
Health Spend per Capita$537 (2023)
Out-of-Pocket Health Spend6.7% (2023)
Education Spend (% GDP)6.0% (2024)
Source: World Bank Open Data
The cost of living in Cape Town can vary greatly depending on lifestyle and accommodation choices, but on average, a daily budget for a backpacker can range from $30-60 USD, while a mid-range traveler can expect to spend around $80-150 USD per day, and a comfort-seeking traveler can spend upwards of $200-300 USD per day.
Quick Facts
Cost LevelModerate
Daily Budget (Backpacker)$30-60 USD
Daily Budget (Mid-Range)$80-150 USD
Daily Budget (Comfort)$200-300 USD
CurrencyZAR
Tipping Custom10-15% expected
How Expensive Is Cape Town?
Cape Town is considered one of the more expensive cities in South Africa, but it still offers a relatively affordable cost of living compared to other major cities around the world. The cost of accommodation, food, and transportation can vary greatly depending on the location, quality, and time of year. Compared to other cities in Africa, Cape Town is relatively expensive, but it still offers a unique blend of natural beauty, cultural attractions, and modern amenities that make it an attractive destination for tourists and expats alike. Overall, Cape Town is a moderate to expensive city, with prices comparable to those found in European or American cities, but with a more laid-back and affordable atmosphere.
The city's economy is driven by tourism, finance, and industry, which has led to a relatively high cost of living, especially when it comes to accommodation and food. However, the city also offers a wide range of affordable options, from budget-friendly hostels and guesthouses to street food and local markets. With some planning and research, it's possible to find affordable and high-quality options for accommodation, food, and activities, making Cape Town an attractive destination for travelers and expats.
Accommodation Prices
Type
Price Range (USD/night)
Notes
Hostel/Budget
$15-30
Shared rooms and dorms, basic amenities
Mid-Range Hotel
$80-150
Private rooms, en-suite bathrooms, free Wi-Fi
Luxury/Resort
$250-500
High-end amenities, stunning views, excellent service
Apartment Rent (monthly)
$400-1,200
City center: $800-1,200, outside city center: $400-800
Food & Dining Prices
Meal Type
Price Range (USD)
Street Food / Local Eatery
$5-10
Casual Restaurant
$15-30
Mid-Range Restaurant (2 people)
$30-60
Fine Dining
$60-100
Beer (local)
$3-5
Coffee
$2-4
Water (1.5L bottle)
$1-2
Transport Costs
Transport
Cost (USD)
Local bus/metro ride
$1-2
Taxi (per km)
$1-2
Domestic flight
$100-200
Fuel (per liter)
$1-2
Monthly Budget Breakdown
Category
Budget ($)
Mid-Range ($)
Comfortable ($)
Rent
400
800
1,500
Food
300
500
800
Transport
100
200
300
Utilities
100
150
250
Entertainment
200
300
500
Total
1,100
2,050
3,350
Money-Saving Tips
Consider staying in a hostel or guesthouse instead of a hotel to save on accommodation costs.
Eat at local eateries or street food stalls instead of mid-range or fine dining restaurants.
Use public transportation instead of taxis or renting a car.
Take advantage of free or low-cost activities such as hiking, visiting museums, or exploring the city's many markets and neighborhoods.
Shop at local markets or supermarkets instead of convenience stores or tourist areas.
Look for deals or discounts on accommodation, food, and activities, especially during the off-season.