Education and Living Cost

The cost of living in South Africa is much less compared to other countries such as UK, Australia and USA. According to Numbeo, the world's largest database of user contributed data about countries in the world, the cost for a meal at an inexpensive restaurant is around 100 R (South African rand). The cost of basic utilities including electricity, heating, garbage disposal and water approximately amounts to 1025.31 R. Individuals pay monthly rent of 5,666.67 R for a one-bedroom apartment in City Centre, while those residing outside of Center pay around 4,625.63 R for the same one-bedroom apartment.

In terms of the cost of education, the fees vary from institution to institution. Students enrolled for a two-year MBA program at Regenesys Business School, in Johannesburg , South Africa, have to pay around US $23,800 in total. This amounts to US $11,900 per year, and US $6,250 per semester. For a one year PDBM program, the total fees is $7,620 at Regenesys Business School, while a three-year BBA program costs around US $ 21,900.