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Cost of Living in Nigeria

Prices in Nigeria

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IndexInfo
Consumer Price Index (Excl.Rent): 47.04
Rent Index: 22.38
Groceries Index: 44.90
Restaurants Index: 41.00
Consumer Price Plus Rent Index: 34.79
Local Purchasing Power: 62.25

Currency: Sticky Currency      Switch to metric measurement units
Restaurants [Edit] Avg.
Range
Meal, Inexpensive Restaurant 925.00 ₦
400.00
1,850.00
Meal for 2, Mid-range Restaurant, Three-course 7,000.00 ₦
5,000.00
10,000.00
McMeal at McDonalds (or Equivalent Combo Meal) 1,500.00 ₦
1,200.00
2,000.00
Domestic Beer (0.5 liter draught) 250.00 ₦
200.00
500.00
Imported Beer (0.33 liter bottle) 461.89 ₦
300.00
700.00
Cappuccino (regular) 545.09 ₦
250.00
1,000.00
Coke/Pepsi (0.33 liter bottle) 90.19 ₦
60.55
129.47
Water (0.33 liter bottle) 79.58 ₦
50.00
100.00
Markets [Edit] Avg.
Milk (regular), (1 gallon) 1,425.37 ₦
1,097.77
2,262.05
Loaf of Fresh White Bread (1 lb) 216.23 ₦
181.44
272.16
Rice (white), (1 lb) 160.18 ₦
90.72
226.80
Eggs (12) 365.61 ₦
300.00
480.00
Local Cheese (1 lb) 743.89 ₦
544.31
1,206.56
Chicken Breasts (Boneless, Skinless), (1 lb) 521.50 ₦
340.19
680.39
Apples (1 lb) 262.33 ₦
136.08
362.87
Oranges (1 lb) 138.47 ₦
68.04
204.12
Tomato (1 lb) 185.48 ₦
113.40
317.52
Potato (1 lb) 138.94 ₦
90.72
225.88
Lettuce (1 head) 130.45 ₦
55.00
200.00
Water (1.5 liter bottle) 140.31 ₦
100.00
160.00
Bottle of Wine (Mid-Range) 1,000.00 ₦
700.00
1,500.00
Domestic Beer (0.5 liter bottle) 241.94 ₦
200.00
300.00
Imported Beer (0.33 liter bottle) 353.02 ₦
250.00
500.00
Pack of Cigarettes (Marlboro) 200.00 ₦
200.00
298.78
Transportation [Edit] Avg.
One-way Ticket (Local Transport) 125.00 ₦
80.00
250.00
Monthly Pass (Regular Price) 8,025.00 ₦
5,000.00
26,000.00
Taxi Start (Normal Tariff) 500.00 ₦
300.00
500.00
Taxi 1 mile (Normal Tariff) 321.87 ₦
321.87
804.67
Taxi 1hour Waiting (Normal Tariff) 1,500.00 ₦
1,000.00
2,000.00
Gasoline (1 gallon) 362.06 ₦
329.33
454.25
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 3,600,000.00 ₦
2,800,000.00
3,800,000.00
Utilities (Monthly) [Edit] Avg.
Basic (Electricity, Heating, Water, Garbage) for 915 sq ft Apartment 12,145.83 ₦
5,000.00
20,000.00
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 22.06 ₦
15.00
30.00
Internet (10 Mbps, Unlimited Data, Cable/ADSL) 15,038.09 ₦
10,000.00
19,919.00
Sports And Leisure [Edit] Avg.
Fitness Club, Monthly Fee for 1 Adult 10,100.00 ₦
5,000.00
20,000.00
Tennis Court Rent (1 Hour on Weekend) 1,666.67 ₦
500.00
2,500.00
Cinema, International Release, 1 Seat 1,500.00 ₦
1,200.00
1,500.00
Clothing And Shoes [Edit] Avg.
1 Pair of Jeans (Levis 501 Or Similar) 7,269.05 ₦
4,500.00
12,500.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 7,089.07 ₦
4,979.75
10,000.00
1 Pair of Nike Running Shoes (Mid-Range) 10,454.90 ₦
8,000.00
15,000.00
1 Pair of Men Leather Business Shoes 12,517.78 ₦
7,000.00
16,931.15
Rent Per Month [Edit] Avg.
Apartment (1 bedroom) in City Centre 110,543.61 ₦
70,000.00
169,311.50
Apartment (1 bedroom) Outside of Centre 43,462.73 ₦
20,000.00
80,000.00
Apartment (3 bedrooms) in City Centre 383,117.25 ₦
200,000.00
750,000.00
Apartment (3 bedrooms) Outside of Centre 109,948.70 ₦
45,000.00
250,000.00
Buy Apartment Price [Edit] Avg.
Price per Square Feet to Buy Apartment in City Centre 19,898.74 ₦
4,180.60
46,263.01
Price per Square Feet to Buy Apartment Outside of Centre 21,337.42 ₦
9,290.23
32,515.79
Salaries And Financing [Edit] Avg.
Average Monthly Disposable Salary (After Tax) 141,844.79 ₦
70,000.00
199,190.00
Mortgage Interest Rate in Percentages (%), Yearly 18.89
12.00
21.00

These data are based on 1162 entries in the past 18 months from 168 different contributors.

Last update: July, 2015

Our data for each country are based on all entries from all cities in that country.

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Cost of Living in this country for some cities: Abuja, Benin, Lagos

We would like to gather more data for: Aba, Abeokuta, Ado-ekiti, Akwa-Ibom, Bauchi, Calabar, Damaturu, Ede, Effon Alaiye, Enugu, Gombe, ... Update information for Nigeria!