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Understanding the Table:
The comparison table above helps you see the total cost of your U.S. Bank currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
How much does it really cost to live, work, or travel in ? Here's what to expect for daily expenses and expat living.
When planning a one-week mid-range stay in the Democratic Republic of the Congo (DRC), travelers should budget around 1,000,000 to 1,500,000 Congolese Francs (CDF), which is roughly $500 to $750 USD depending on the current exchange rate. This budget should adequately cover accommodations, meals, transportation, and leisure activities. A typical day may involve the following expenses:
Overall, the cost of visiting the DRC is considered average compared to countries like the United States and the UK, where daily expenses are generally higher. For instance, a meal in the U.S. might set you back about $15, whereas in the DRC, local dishes are very affordable. Comparatively, the cost of living is lower in the DRC than in Australia, where you might spend approximately AU$20 for a similar meal in a casual setting.
For expats looking to settle in the DRC, typical monthly living costs can range from 1,500,000 to 3,500,000 CDF ($750 to $1,750 USD), depending on lifestyle choices and accommodation standards. Key expenses include rent, utilities, groceries, and local services. To navigate financial transactions effectively, it's advisable to maintain a local bank account for regular expenses while making use of credit cards for larger purchases. While cards are increasingly accepted in urban areas, cash is still king in many local transactions.
When it comes to exchanging money, using local exchange services can yield favorable rates, but don't overlook the convenience of online transfer services like Wise and OFX, which often provide better rates than traditional banks. For expats, these services can also facilitate international money transfers with lower fees, making them a practical choice for remittances or paying for services while ensuring you get the best value for your money in the vibrant DRC.
View a full list of exchange rates by selecting your Base (from) currency:
