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Cost of Living in Nigeria

Prices in Nigeria

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IndexInfo
Consumer Price Index (Excl.Rent): 50.49
Rent Index: 22.54
Groceries Index: 45.52
Restaurants Index: 44.03
Consumer Price Plus Rent Index: 36.28
Local Purchasing Power: 51.71

Currency: Sticky Currency      Switch to metric measurement units
Restaurants [Edit] Avg.
Range
Meal, Inexpensive Restaurant 900.00 ₦
450.00
1,990.50
Meal for 2, Mid-range Restaurant, Three-course 7,000.00 ₦
4,500.00
12,209.78
McMeal at McDonalds (or Equivalent Combo Meal) 1,526.22 ₦
1,194.30
2,000.00
Domestic Beer (0.5 liter draught) 265.00 ₦
200.00
497.62
Imported Beer (0.33 liter bottle) 500.00 ₦
350.00
746.44
Cappuccino (regular) 536.85 ₦
250.00
1,000.00
Coke/Pepsi (0.33 liter bottle) 93.21 ₦
70.00
150.00
Water (0.33 liter bottle) 78.49 ₦
50.00
100.00
Markets [Edit] Avg.
Milk (regular), (1 gallon) 1,355.78 ₦
1,097.77
1,892.71
Loaf of Fresh White Bread (1 lb) 214.12 ₦
181.44
272.16
Rice (white), (1 lb) 148.27 ₦
90.72
226.80
Eggs (12) 363.48 ₦
300.00
480.00
Local Cheese (1 lb) 789.25 ₦
544.31
1,315.42
Chicken Breasts (Boneless, Skinless), (1 lb) 492.32 ₦
340.19
680.39
Apples (1 lb) 254.52 ₦
120.00
362.87
Oranges (1 lb) 136.95 ₦
68.04
226.80
Tomato (1 lb) 187.54 ₦
113.40
317.52
Potato (1 lb) 140.25 ₦
90.72
225.72
Lettuce (1 head) 121.36 ₦
50.00
200.00
Water (1.5 liter bottle) 142.30 ₦
120.00
160.00
Bottle of Wine (Mid-Range) 1,000.00 ₦
700.00
1,715.61
Domestic Beer (0.5 liter bottle) 242.75 ₦
199.05
300.00
Imported Beer (0.33 liter bottle) 359.87 ₦
250.00
500.00
Pack of Cigarettes (Marlboro) 200.00 ₦
200.00
298.58
Transportation [Edit] Avg.
One-way Ticket (Local Transport) 100.00 ₦
50.00
250.00
Monthly Pass (Regular Price) 19,905.00 ₦
9,000.00
26,000.00
Taxi Start (Normal Tariff) 500.00 ₦
398.10
500.00
Taxi 1 mile (Normal Tariff) 362.10 ₦
321.87
804.67
Taxi 1hour Waiting (Normal Tariff) 1,500.00 ₦
1,000.00
2,000.00
Gasoline (1 gallon) 358.67 ₦
329.33
378.54
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 3,500,000.00 ₦
2,800,000.00
3,800,000.00
Utilities (Monthly) [Edit] Avg.
Basic (Electricity, Heating, Water, Garbage) for 915 sq ft Apartment 11,458.33 ₦
4,500.00
20,000.00
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 23.99 ₦
17.91
35.00
Internet (6 Mbps, Unlimited Data, Cable/ADSL) 15,491.36 ₦
10,000.00
20,000.00
Sports And Leisure [Edit] Avg.
Fitness Club, Monthly Fee for 1 Adult 10,444.44 ₦
5,000.00
20,000.00
Tennis Court Rent (1 Hour on Weekend) 2,250.00 ₦
2,000.00
2,500.00
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) 7,883.61 ₦
5,000.00
12,500.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 7,588.75 ₦
4,976.25
12,000.00
1 Pair of Nike Running Shoes (Mid-Range) 11,060.02 ₦
8,000.00
15,000.00
1 Pair of Men Leather Business Shoes 13,809.94 ₦
7,500.00
20,000.00
Rent Per Month [Edit] Avg.
Apartment (1 bedroom) in City Centre 126,707.50 ₦
70,000.00
250,000.00
Apartment (1 bedroom) Outside of Centre 46,640.73 ₦
20,000.00
100,000.00
Apartment (3 bedrooms) in City Centre 405,685.68 ₦
200,000.00
750,000.00
Apartment (3 bedrooms) Outside of Centre 93,258.12 ₦
45,000.00
189,097.50
Buy Apartment Price [Edit] Avg.
Price per Square Feet to Buy Apartment in City Centre 19,885.73 ₦
4,180.60
46,230.49
Price per Square Feet to Buy Apartment Outside of Centre 21,332.22 ₦
9,290.23
32,515.79
Salaries And Financing [Edit] Avg.
Average Monthly Disposable Salary (After Tax) 131,161.36 ₦
70,000.00
199,050.00
Mortgage Interest Rate in Percentages (%), Yearly 19.80
18.00
23.00

These data are based on 1033 entries in the past 18 months from 150 different contributors.

Last update: May, 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, Lagos

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