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Cost of Living in Nigeria

Prices in Nigeria

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IndexInfo
Consumer Price Index (Excl.Rent): 50.80
Rent Index: 22.88
Groceries Index: 44.55
Restaurants Index: 44.31
Consumer Price Plus Rent Index: 37.20
Local Purchasing Power: 56.36

Currency: Default Currency      Switch to US measurement units
Restaurants [Edit] Avg.
Range
Meal, Inexpensive Restaurant 1,000.00 ₦
500.00
1,592.40
Meal for 2, Mid-range Restaurant, Three-course 7,000.00 ₦
4,500.00
10,000.00
McMeal at McDonalds (or Equivalent Combo Meal) 1,500.00 ₦
1,393.35
2,000.00
Domestic Beer (0.5 liter draught) 250.00 ₦
200.00
394.12
Imported Beer (0.33 liter bottle) 500.00 ₦
350.00
700.00
Cappuccino (regular) 498.38 ₦
300.00
800.00
Coke/Pepsi (0.33 liter bottle) 86.55 ₦
70.00
120.00
Water (0.33 liter bottle) 80.96 ₦
50.00
100.00
Markets [Edit] Avg.
Milk (regular), (1 liter) 343.85 ₦
300.00
450.00
Loaf of Fresh White Bread (500g) 235.29 ₦
200.00
300.00
Rice (white), (1kg) 315.26 ₦
200.00
400.00
Eggs (12) 354.45 ₦
300.00
440.00
Local Cheese (1kg) 1,651.43 ₦
1,200.00
2,660.00
Chicken Breasts (Boneless, Skinless), (1kg) 1,078.77 ₦
750.00
1,500.00
Apples (1kg) 565.55 ₦
300.00
800.00
Oranges (1kg) 298.37 ₦
150.00
450.00
Tomato (1kg) 402.25 ₦
300.00
500.00
Potato (1kg) 303.11 ₦
220.00
450.00
Lettuce (1 head) 120.56 ₦
55.00
200.00
Water (1.5 liter bottle) 144.89 ₦
120.00
159.00
Bottle of Wine (Mid-Range) 1,200.00 ₦
800.00
1,748.14
Domestic Beer (0.5 liter bottle) 245.00 ₦
200.00
300.00
Imported Beer (0.33 liter bottle) 362.34 ₦
300.00
500.00
Pack of Cigarettes (Marlboro) 200.00 ₦
200.00
298.58
Transportation [Edit] Avg.
One-way Ticket (Local Transport) 100.00 ₦
80.00
150.00
Monthly Pass (Regular Price) 19,905.00 ₦
9,000.00
26,000.00
Taxi Start (Normal Tariff) 500.00 ₦
500.00
500.00
Taxi 1km (Normal Tariff) 225.00 ₦
200.00
500.00
Taxi 1hour Waiting (Normal Tariff) 1,500.00 ₦
1,000.00
1,500.00
Gasoline (1 liter) 95.33 ₦
87.00
97.00
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 85m2 Apartment 11,194.44 ₦
5,000.00
18,000.00
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 23.58 ₦
18.00
30.00
Internet (6 Mbps, Unlimited Data, Cable/ADSL) 15,062.50 ₦
13,500.00
17,000.00
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, ...) 7,388.89 ₦
5,000.00
10,000.00
1 Pair of Nike Running Shoes 10,934.31 ₦
8,000.00
15,000.00
1 Pair of Men Leather Shoes 13,821.92 ₦
8,000.00
16,919.25
Rent Per Month [Edit] Avg.
Apartment (1 bedroom) in City Centre 115,800.50 ₦
70,000.00
159,240.00
Apartment (1 bedroom) Outside of Centre 43,672.00 ₦
20,000.00
80,000.00
Apartment (3 bedrooms) in City Centre 371,254.25 ₦
200,000.00
750,000.00
Apartment (3 bedrooms) Outside of Centre 88,500.00 ₦
50,000.00
120,000.00
Buy Apartment Price [Edit] Avg.
Price per Square Meter to Buy Apartment in City Centre 214,050.00 ₦
45,000.00
497,625.00
Price per Square Meter to Buy Apartment Outside of Centre 229,620.00 ₦
100,000.00
350,000.00
Salaries And Financing [Edit] Avg.
Average Monthly Disposable Salary (After Tax) 137,293.31 ₦
97,500.00
199,050.00
Mortgage Interest Rate in Percentages (%), Yearly 19.78
18.00
23.00

These data are based on 1008 entries in the past 18 months from 142 different contributors.

Last update: March, 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!