Country CM Cost of Living Analytics

Living expenses and utilities

Basic Utilities (85m²)

$148

Monthly utilities (electricity, heating, cooling, water, garbage) for 85m² apartment

Mobile Phone Plan

$23

Mobile phone monthly plan with calls and 10GB+ data

Internet (60 Mbps)

$158

Internet (60 Mbps or more, unlimited data) monthly cost

Average Monthly Salary

$160

Average monthly net salary after tax

Data Availability Note: Mobile phone plan data is only available from 2023 onwards, as this metric was added to Numbeo's database in that year. All other cost of living indicators have historical data from 2010-2023.

Basic Utilities (85m²)

Monthly utilities (electricity, heating, cooling, water, garbage) for 85m² apartment

Mobile Phone Plan

Mobile phone monthly plan with calls and 10GB+ data

Internet (60 Mbps)

Internet (60 Mbps or more, unlimited data) monthly cost

Average Monthly Salary

Average monthly net salary after tax

Additional Insights

Expert analysis of Country CM Cost of Living trends and investment implications

Market Overview

Cameroon's real estate market presents moderate investment opportunities with a mixed outlook. Property prices are aligning closely with GDP growth, while rental yields remain attractive in urban centers. However, limited housing supply amidst steady population growth creates potential for price inflation. Investors should be cautious of regulatory challenges and foreign exchange risks.

Key Findings

Data-driven insights

•GDP growth in Cameroon for 2023-2024 is projected at 4.0%, while house prices are increasing by approximately 3.5% annually, indicating properties are appreciating slightly slower than the economy.
•Rental yields in major cities like Douala and Yaoundé hover around 8%, with interest rates at approximately 5.5%, suggesting the potential for positive cash flow with leveraged financing.
•Cameroon's population growth rate is at 2.6% annually, outpacing housing supply, which is growing at 1.8%, indicating a demand-supply imbalance that could pressure prices upwards.
•Property prices in urban centers are high relative to the average income, with a price-to-income ratio of 12:1, indicating potential affordability issues for local buyers.

Market Trends

Historical patterns

•Urbanization trend leading to increased demand in cities like Douala and Yaoundé.
•Government initiatives focusing on infrastructure development, potentially boosting real estate values.
•Regulatory reforms aimed at improving foreign ownership laws could widen the investor base.

For Investors

Actionable takeaways

•Top opportunities include investing in rental properties in Douala due to high yields, targeting affordable housing developments given supply constraints, and leveraging infrastructure projects for capital appreciation.
•Risks to watch include potential regulatory changes affecting foreign ownership, currency volatility impacting returns, and the possibility of economic downturn affecting property prices.
•Best property types are studio and 1-bedroom units in urban centers for rental yield, and family homes in upcoming suburban areas for long-term growth.
•Market timing suggests buying now in anticipation of infrastructure-driven growth, but investors should remain vigilant about regulatory and economic shifts.

Market Context

Compared to other sub-Saharan African markets, Cameroon offers competitive rental yields but faces challenges with regulatory transparency. Its economic stability and infrastructure projects make it a potential growth area, though risks from currency volatility and legislative changes must be managed carefully.

💡 Insights based on historical data. Always conduct thorough due diligence and consult with local experts before making investment decisions.