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Cost of Living in Nigeria

Prices in Nigeria

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IndexInfo
Consumer Price Index (Excl.Rent): 48.35
Rent Index: 22.52
Groceries Index: 46.18
Restaurants Index: 44.47
Consumer Price Plus Rent Index: 35.27
Local Purchasing Power: 60.35

Currency: Sticky Currency      Switch to metric measurement units
Restaurants [Edit] Avg.
Range
Meal, Inexpensive Restaurant 925.00 ₦
500.00
1,850.00
Meal for 2, Mid-range Restaurant, Three-course 7,250.00 ₦
3,000.00
12,500.00
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) 487.67 ₦
350.00
700.00
Cappuccino (regular) 545.13 ₦
250.00
1,000.00
Coke/Pepsi (0.33 liter bottle) 91.38 ₦
70.00
150.00
Water (0.33 liter bottle) 77.81 ₦
50.00
100.00
Markets [Edit] Avg.
Milk (regular), (1 gallon) 1,398.77 ₦
1,097.77
1,892.71
Loaf of Fresh White Bread (1 lb) 216.23 ₦
181.44
272.16
Rice (white), (1 lb) 161.68 ₦
90.72
226.80
Eggs (12) 366.09 ₦
300.00
480.00
Local Cheese (1 lb) 743.89 ₦
544.31
1,206.56
Chicken Breasts (Boneless, Skinless), (1 lb) 531.20 ₦
340.19
680.39
Apples (1 lb) 257.04 ₦
120.00
362.87
Oranges (1 lb) 138.63 ₦
68.04
204.12
Tomato (1 lb) 190.34 ₦
113.40
317.52
Potato (1 lb) 138.93 ₦
90.72
225.72
Lettuce (1 head) 123.75 ₦
50.00
200.00
Water (1.5 liter bottle) 141.66 ₦
120.00
160.00
Bottle of Wine (Mid-Range) 1,100.00 ₦
700.00
1,719.99
Domestic Beer (0.5 liter bottle) 241.41 ₦
199.05
300.00
Imported Beer (0.33 liter bottle) 353.21 ₦
250.00
500.00
Pack of Cigarettes (Marlboro) 200.00 ₦
200.00
298.57
Transportation [Edit] Avg.
One-way Ticket (Local Transport) 100.00 ₦
80.00
250.00
Monthly Pass (Regular Price) 9,000.00 ₦
6,500.00
26,000.00
Taxi Start (Normal Tariff) 500.00 ₦
300.00
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) 364.11 ₦
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 11,296.30 ₦
4,500.00
20,000.00
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 22.21 ₦
15.00
30.00
Internet (6 Mbps, Unlimited Data, Cable/ADSL) 15,450.42 ₦
10,000.00
20,000.00
Sports And Leisure [Edit] Avg.
Fitness Club, Monthly Fee for 1 Adult 10,545.45 ₦
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 ₦
1,500.00
1,500.00
Clothing And Shoes [Edit] Avg.
1 Pair of Jeans (Levis 501 Or Similar) 7,912.71 ₦
4,500.00
15,000.00
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) 10,726.68 ₦
8,000.00
15,000.00
1 Pair of Men Leather Business Shoes 12,516.87 ₦
7,000.00
16,919.25
Rent Per Month [Edit] Avg.
Apartment (1 bedroom) in City Centre 123,371.25 ₦
70,000.00
250,000.00
Apartment (1 bedroom) Outside of Centre 46,504.00 ₦
20,000.00
100,000.00
Apartment (3 bedrooms) in City Centre 396,878.54 ₦
200,000.00
750,000.00
Apartment (3 bedrooms) Outside of Centre 99,930.58 ₦
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) 139,020.60 ₦
70,000.00
199,050.00
Mortgage Interest Rate in Percentages (%), Yearly 19.80
18.00
23.00

These data are based on 1103 entries in the past 18 months from 161 different contributors.

Last update: June, 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, Calabar, Damaturu, Ede, Effon Alaiye, Enugu, Gombe, ... Update information for Nigeria!