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Cost of Living in Nigeria

Prices in Nigeria

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IndexInfo
Consumer Price Index (Excl.Rent): 59.20
Rent Index: 21.70
Groceries Index: 53.26
Restaurants Index: 49.18
Consumer Price Plus Rent Index: 40.86
Local Purchasing Power: 41.85

Currency: Default Currency      Switch to imperial measurement units
Restaurants [Edit] Avg.
Range
Meal, Inexpensive Restaurant 1,086.88 ₦
600.00
1,874.50
Meal for 2, Mid-range Restaurant, Three-course 7,249.00 ₦
5,000.00
10,000.00
Combo Meal at McDonalds or Similar 1,500.00 ₦
1,467.20
2,000.00
Domestic Beer (0.5 liter draught) 280.00 ₦
200.00
371.15
Imported Beer (0.33 liter bottle) 500.00 ₦
350.00
700.00
Cappuccino (regular) 498.66 ₦
350.00
800.00
Coke/Pepsi (0.33 liter bottle) 88.19 ₦
70.00
120.00
Water (0.33 liter bottle) 80.44 ₦
50.00
100.00
Markets [Edit] Avg.
Milk (regular), (1 liter) 361.97 ₦
300.00
499.33
Loaf of Fresh White Bread (500g) 236.12 ₦
200.00
300.00
Rice (white), (1kg) 361.15 ₦
200.00
500.00
Eggs (12) 356.12 ₦
300.00
450.00
Local Cheese (1kg) 1,651.43 ₦
1,200.00
2,660.00
Chicken Breasts (Boneless, Skinless), (1kg) 1,093.72 ₦
800.00
1,500.00
Apples (1kg) 585.95 ₦
300.00
800.00
Oranges (1kg) 282.49 ₦
150.00
400.00
Tomato (1kg) 431.82 ₦
300.00
700.00
Potato (1kg) 318.36 ₦
200.00
468.62
Lettuce (1 head) 115.00 ₦
50.00
200.00
Water (1.5 liter bottle) 138.31 ₦
120.00
159.00
Bottle of Wine (Mid-Range) 1,200.00 ₦
900.00
1,500.00
Domestic Beer (0.5 liter bottle) 242.50 ₦
200.00
300.00
Imported Beer (0.33 liter bottle) 370.45 ₦
300.00
500.00
Pack of Cigarettes (Marlboro) 200.00 ₦
200.00
281.17
Transportation [Edit] Avg.
One-way Ticket (Local Transport) 125.00 ₦
100.00
150.00
Monthly Pass (Regular Price) 18,744.99 ₦
9,000.00
26,000.00
Taxi Start (Normal Tariff) 500.00 ₦
500.00
1,000.00
Taxi 1km (Normal Tariff) 400.00 ₦
200.00
500.00
Taxi 1hour Waiting (Normal Tariff) 1,500.00 ₦
1,499.60
2,000.00
Gasoline (1 liter) 97.12 ₦
97.00
99.00
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 3,418,932.55 ₦
2,800,000.00
3,800,000.00
Utilities (Monthly) [Edit] Avg.
Basic (Electricity, Heating, Water, Garbage) for 85m2 Apartment 13,694.44 ₦
7,000.00
20,000.00
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 25.00 ₦
20.00
30.00
Internet (6 Mbps, Unlimited Data, Cable/ADSL) 13,750.00 ₦
10,000.00
15,000.00
Sports And Leisure [Edit] Avg.
Fitness Club, Monthly Fee for 1 Adult 12,000.00 ₦
5,000.00
20,000.00
Tennis Court Rent (1 Hour on Weekend) 3,500.00 ₦
2,000.00
6,000.00
Cinema, International Release, 1 Seat 1,500.00 ₦
1,500.00
1,500.00
Clothing And Shoes [Edit] Avg.
1 Pair of Jeans (Levis 501 Or Similar) 8,930.28 ₦
5,000.00
15,000.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 7,687.50 ₦
6,000.00
10,000.00
1 Pair of Nike Shoes 10,634.89 ₦
8,000.00
15,000.00
1 Pair of Men Leather Shoes 14,359.25 ₦
8,500.00
16,800.00
Rent Per Month [Edit] Avg.
Apartment (1 bedroom) in City Centre 101,052.00 ₦
60,000.00
149,959.92
Apartment (1 bedroom) Outside of Centre 38,692.23 ₦
20,000.00
80,000.00
Apartment (3 bedrooms) in City Centre 317,654.62 ₦
200,000.00
468,624.75
Apartment (3 bedrooms) Outside of Centre 83,700.00 ₦
50,000.00
120,000.00
Buy Apartment Price [Edit] Avg.
Price per Square Meter to Buy Apartment in City Centre 281,174.85 ₦
93,724.95
468,624.75
Price per Square Meter to Buy Apartment Outside of Centre 223,646.63 ₦
96,000.00
350,000.00
Salaries And Financing [Edit] Avg.
Average Monthly Disposable Salary (After Tax) 137,344.81 ₦
80,000.00
187,449.90
Mortgage Interest Rate in Percentages (%), Yearly 18.62
15.00
21.00

These data are based on 1000 entries in the past 18 months from 129 different contributors.

Last update: December, 2014

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, Lagos

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