Cost of Living in Nigeria
Summary:
- Family of four estimated monthly costs are 1,633.03$ (677,902.55₦) without rent.
- A single person estimated monthly costs are 448.80$ (186,306.83₦) without rent.
- Cost of living in Nigeria is, on average, 56.76% lower than in United States.
- Rent in Nigeria is, on average, 26.08% lower than in United States.
Restaurants |  Edit |
Range |
|---|---|---|
| Meal, Inexpensive Restaurant | 700.00 ₦ | |
| Meal for 2 People, Mid-range Restaurant, Three-course | 10,000.00 ₦ | |
| McMeal at McDonalds (or Equivalent Combo Meal) | 2,500.00 ₦ | |
| Domestic Beer (1 pint draught) | 348.77 ₦ | |
| Imported Beer (12 oz small bottle) | 500.00 ₦ | |
| Cappuccino (regular) | 878.58 ₦ | |
| Coke/Pepsi (12 oz small bottle) | 152.38 ₦ | |
| Water (12 oz small bottle) | 102.77 ₦ | |
Markets | Edit |
|
| Milk (regular), (1 gallon) | 4,549.64 ₦ | |
| Loaf of Fresh White Bread (1 lb) | 430.60 ₦ | |
| Rice (white), (1 lb) | 451.91 ₦ | |
| Eggs (regular) (12) | 743.97 ₦ | |
| Local Cheese (1 lb) | 817.80 ₦ | |
| Chicken Fillets (1 lb) | 814.48 ₦ | |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 809.89 ₦ | |
| Apples (1 lb) | 587.79 ₦ | |
| Banana (1 lb) | 295.62 ₦ | |
| Oranges (1 lb) | 240.40 ₦ | |
| Tomato (1 lb) | 349.15 ₦ | |
| Potato (1 lb) | 381.16 ₦ | |
| Onion (1 lb) | 276.43 ₦ | |
| Lettuce (1 head) | 416.67 ₦ | |
| Water (1.5 liter bottle) | 210.31 ₦ | |
| Bottle of Wine (Mid-Range) | 1,625.00 ₦ | |
| Domestic Beer (0.5 liter bottle) | 330.77 ₦ | |
| Imported Beer (12 oz small bottle) | 536.15 ₦ | |
| Cigarettes 20 Pack (Marlboro) | 500.00 ₦ | |
Transportation | Edit |
|
| One-way Ticket (Local Transport) | 200.00 ₦ | |
| Monthly Pass (Regular Price) | 8,000.00 ₦ | |
| Taxi Start (Normal Tariff) | 500.00 ₦ | |
| Taxi 1 mile (Normal Tariff) | 804.67 ₦ | |
| Taxi 1hour Waiting (Normal Tariff) | 2,000.00 ₦ | |
| Gasoline (1 gallon) | 618.60 ₦ | |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 6,275,000.00 ₦ | |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 10,307,142.86 ₦ | |
Utilities (Monthly) | Edit |
|
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 9,078.79 ₦ | |
| 1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) | 18.55 ₦ | |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 19,690.39 ₦ | |
Sports And Leisure | Edit |
|
| Fitness Club, Monthly Fee for 1 Adult | 12,697.67 ₦ | |
| Tennis Court Rent (1 Hour on Weekend) | 2,990.00 ₦ | |
| Cinema, International Release, 1 Seat | 2,500.00 ₦ | |
Childcare | Edit |
|
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 37,646.78 ₦ | |
| International Primary School, Yearly for 1 Child | 820,668.39 ₦ | |
Clothing And Shoes | Edit |
|
| 1 Pair of Jeans (Levis 501 Or Similar) | 6,964.29 ₦ | |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 11,348.48 ₦ | |
| 1 Pair of Nike Running Shoes (Mid-Range) | 24,157.89 ₦ | |
| 1 Pair of Men Leather Business Shoes | 28,184.21 ₦ | |
Rent Per Month | Edit |
|
| Apartment (1 bedroom) in City Centre | 387,752.00 ₦ | |
| Apartment (1 bedroom) Outside of Centre | 217,129.63 ₦ | |
| Apartment (3 bedrooms) in City Centre | 1,215,267.71 ₦ | |
| Apartment (3 bedrooms) Outside of Centre | 530,437.19 ₦ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 29,023.03 ₦ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 13,860.08 ₦ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 67,287.46 ₦ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 17.77 |
Prices in Nigeria
This country had 2236 entries in the past 12 months by 254 different contributors.
Last update: May 2022
Our data for each country are based on all entries from all cities in that country.
Last update: May 2022
Our data for each country are based on all entries from all cities in that country.
Sources and References
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