Ghana has been ranked as the most expensive country to settle in on the continent, and a remarkable 20th worldwide.

MoveHub, an international company dedicated to helping people moving know which countries to relocate in globally, calculated the cost of living in countries worldwide using a variety of factors, and assigned each country a score.

Using the US city of New York as a benchmark, countries were ranked relative to the east coast city’s mark of 100 – those above are more expensive and those below are less expensive.

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Factors taking into account included the price of groceries, transport, bills, restaurants and how much renting an apartment costs.

Ghana scored 53.89 – leaving us a remarkable 20th most expensive in the world and first in Africa.

“Ghana is one of Africa’s more prosperous nations, and this is reflected in the cost of living, which is higher than any other African nation” the report indicated.

Flip through to discover the top ten most expensive countries to live in worldwide, according to MoveHub.