Nairobi is the most expensive city in Africa when buying goods and services.
It is more expensive than Cairo and Johannesburg.
This is according to a survey by the Swiss global financial services company UBS.
Zurich, Geneva and New York City have the highest prices of goods and services worldwide while Bucharest, Sofia and Kiev have the lowest in the world.
Price level calculations were based on the cost of a basket of 122 goods and services including rent.
The survey was conducted between the end of March and end of April 2015 where 71 cities worldwide were surveyed.
On salaries, workers in Johannesburg and Cairo get more than those in Nairobi.
The highest salaries are in Zurich, Geneva and Luxemburg, in that order.
“Workers in cities with high relative gross salaries (Zurich, Geneva and Luxembourg) receive pay that is on average 19 times those in Nairobi, Jakarta and Kiev,” reads the report.
Workers in Nairobi are second lowest in purchasing power, out of the 71 cities surveyed worldwide.
Jakarta is the lowest while workers in Luxembourg have the highest purchasing power.
The survey ranks Nairobi as the seventh hardest working city in the world.
The survey released in mid September reports the average annual hours clocked by Kenyan workforce as 2,184 with paid leave days averaging 22 annually.
Nairobi is the only African city in the top 10 in this category.
Cairo, whose workforce spends 2,082 hours at the office annually, is ranked 14th globally.