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Cost of Living in Nigeria

Prices in Nigeria

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IndexInfo
Consumer Price Index (Excl.Rent): 67.94
Rent Index: 24.04
Groceries Index: 63.96
Restaurants Index: 54.69
Consumer Price Plus Rent Index: 46.73
Local Purchasing Power: 39.58

Currency: Default Currency      Switch to imperial measurement units
Restaurants [Edit] Avg.
Range
Meal, Inexpensive Restaurant 1,296.48 ₦
600.00
1,620.60
Meal for 2, Mid-range Restaurant, Three-course 6,000.00 ₦
5,000.00
9,075.35
Combo Meal at McDonalds or Similar 1,500.00 ₦
1,134.42
1,944.72
Domestic Beer (0.5 liter draught) 290.00 ₦
200.00
400.00
Imported Beer (0.33 liter bottle) 450.00 ₦
350.00
648.24
Cappuccino (regular) 410.75 ₦
316.02
518.59
Coke/Pepsi (0.33 liter bottle) 91.97 ₦
70.00
150.00
Water (0.33 liter bottle) 81.26 ₦
50.00
100.00
Markets [Edit] Avg.
Milk (regular), (1 liter) 367.34 ₦
300.00
486.18
Loaf of Fresh White Bread (500g) 232.13 ₦
200.00
296.41
Rice (white), (1kg) 391.18 ₦
300.00
500.00
Eggs (12) 370.73 ₦
300.00
480.00
Local Cheese (1kg) 1,595.55 ₦
1,200.00
2,268.84
Chicken Breasts (Boneless, Skinless), (1kg) 1,125.95 ₦
800.00
1,500.00
Apples (1kg) 590.11 ₦
375.00
800.00
Oranges (1kg) 250.38 ₦
129.65
400.00
Tomato (1kg) 454.84 ₦
300.00
643.57
Potato (1kg) 310.43 ₦
200.00
450.00
Lettuce (1 head) 109.27 ₦
55.00
150.00
Water (1.5 liter bottle) 131.99 ₦
100.00
159.00
Bottle of Wine (Mid-Range) 1,200.00 ₦
800.00
1,500.00
Domestic Beer (0.5 liter bottle) 249.47 ₦
200.00
300.00
Imported Beer (0.33 liter bottle) 333.37 ₦
259.30
450.00
Pack of Cigarettes (Marlboro) 237.42 ₦
200.00
300.00
Transportation [Edit] Avg.
One-way Ticket (Local Transport) 125.00 ₦
100.00
150.00
Monthly Pass (Regular Price) 16,205.99 ₦
9,000.00
24,308.98
Taxi Start (Normal Tariff) 500.00 ₦
500.00
500.00
Taxi 1km (Normal Tariff) 300.00 ₦
100.00
500.00
Taxi 1hour Waiting (Normal Tariff) 1,500.00 ₦
1,296.48
1,500.00
Gasoline (1 liter) 97.13 ₦
97.00
99.00
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 3,400,000.00 ₦
2,800,000.00
3,800,000.00
Utilities (Monthly) [Edit] Avg.
Basic (Electricity, Heating, Water, Garbage) for 85m2 Apartment 13,025.89 ₦
6,887.55
22,127.02
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 25.83 ₦
20.00
35.00
Internet (6 Mbps, Unlimited Data, Cable/ADSL) 13,222.22 ₦
9,000.00
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) 9,040.04 ₦
6,000.00
15,000.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 8,312.50 ₦
6,000.00
12,000.00
1 Pair of Nike Shoes 11,166.67 ₦
8,000.00
15,000.00
1 Pair of Men Leather Shoes 14,811.11 ₦
8,500.00
20,000.00
Rent Per Month [Edit] Avg.
Apartment (1 bedroom) in City Centre 94,278.36 ₦
60,000.00
129,647.92
Apartment (1 bedroom) Outside of Centre 37,628.04 ₦
20,000.00
80,000.00
Apartment (3 bedrooms) in City Centre 276,091.04 ₦
178,265.89
405,149.75
Apartment (3 bedrooms) Outside of Centre 91,434.62 ₦
64,823.96
153,956.90
Buy Apartment Price [Edit] Avg.
Price per Square Meter to Buy Apartment in City Centre 445,664.72 ₦
405,149.75
486,179.70
Price per Square Meter to Buy Apartment Outside of Centre 272,235.94 ₦
194,471.88
350,000.00
Salaries And Financing [Edit] Avg.
Average Monthly Disposable Salary (After Tax) 131,594.40 ₦
80,000.00
162,059.90
Mortgage Interest Rate in Percentages (%), Yearly 18.67
15.00
21.00

These data are based on 1000 entries in the past 18 months from 135 different contributors.

Last update: August, 2014

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

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More about Nigeria: Cost of Living | Crime | Food Prices | Gas Prices | Health Care | Hotel Prices | Pollution | Property Prices | Quality of Life | Taxi Fare | Traffic

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!