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Cost of Living in Nigeria

Prices in Nigeria

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IndexInfo
Consumer Price Index (Excl.Rent): 53.59
Rent Index: 21.48
Groceries Index: 46.49
Restaurants Index: 45.55
Consumer Price Plus Rent Index: 38.39
Local Purchasing Power: 44.00

Currency: Default Currency      Switch to US measurement units
Restaurants [Edit] Avg.
Range
Meal, Inexpensive Restaurant 1,000.00 ₦
500.00
1,989.50
Meal for 2, Mid-range Restaurant, Three-course 7,250.00 ₦
5,000.00
10,000.00
McMeal at McDonalds (or Equivalent Combo Meal) 1,558.42 ₦
1,500.00
2,000.00
Domestic Beer (0.5 liter draught) 265.00 ₦
200.00
393.92
Imported Beer (0.33 liter bottle) 500.00 ₦
350.00
700.00
Cappuccino (regular) 518.01 ₦
350.00
800.00
Coke/Pepsi (0.33 liter bottle) 83.92 ₦
70.00
110.00
Water (0.33 liter bottle) 81.86 ₦
50.00
100.00
Markets [Edit] Avg.
Milk (regular), (1 liter) 352.77 ₦
290.00
481.57
Loaf of Fresh White Bread (500g) 242.80 ₦
200.00
300.00
Rice (white), (1kg) 339.84 ₦
200.00
500.00
Eggs (12) 361.12 ₦
300.00
480.00
Local Cheese (1kg) 1,726.67 ₦
1,200.00
2,660.00
Chicken Breasts (Boneless, Skinless), (1kg) 1,067.70 ₦
750.00
1,500.00
Apples (1kg) 582.27 ₦
300.00
800.00
Oranges (1kg) 302.38 ₦
150.00
450.00
Tomato (1kg) 389.57 ₦
250.00
500.00
Potato (1kg) 307.54 ₦
220.00
450.00
Lettuce (1 head) 123.12 ₦
55.00
200.00
Water (1.5 liter bottle) 145.51 ₦
120.00
160.00
Bottle of Wine (Mid-Range) 1,200.00 ₦
800.00
1,755.82
Domestic Beer (0.5 liter bottle) 248.85 ₦
200.00
300.00
Imported Beer (0.33 liter bottle) 365.22 ₦
300.00
500.00
Pack of Cigarettes (Marlboro) 200.00 ₦
200.00
298.42
Transportation [Edit] Avg.
One-way Ticket (Local Transport) 125.00 ₦
100.00
150.00
Monthly Pass (Regular Price) 19,894.99 ₦
9,000.00
26,000.00
Taxi Start (Normal Tariff) 500.00 ₦
500.00
1,000.00
Taxi 1km (Normal Tariff) 300.00 ₦
200.00
500.00
Taxi 1hour Waiting (Normal Tariff) 1,500.00 ₦
1,500.00
2,000.00
Gasoline (1 liter) 97.27 ₦
97.00
100.00
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 85m2 Apartment 12,452.38 ₦
5,000.00
20,000.00
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 24.09 ₦
20.00
30.00
Internet (6 Mbps, Unlimited Data, Cable/ADSL) 15,210.55 ₦
10,000.00
19,894.99
Sports And Leisure [Edit] Avg.
Fitness Club, Monthly Fee for 1 Adult 11,000.00 ₦
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) 8,243.44 ₦
5,000.00
12,500.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 7,687.50 ₦
6,000.00
10,000.00
1 Pair of Nike Shoes 10,755.64 ₦
8,000.00
15,000.00
1 Pair of Men Leather Shoes 14,467.86 ₦
8,500.00
16,910.74
Rent Per Month [Edit] Avg.
Apartment (1 bedroom) in City Centre 106,163.16 ₦
60,000.00
159,159.92
Apartment (1 bedroom) Outside of Centre 42,557.55 ₦
20,000.00
80,000.00
Apartment (3 bedrooms) in City Centre 312,417.41 ₦
200,000.00
497,374.75
Apartment (3 bedrooms) Outside of Centre 81,000.00 ₦
45,000.00
120,000.00
Buy Apartment Price [Edit] Avg.
Price per Square Meter to Buy Apartment in City Centre 213,949.90 ₦
45,000.00
497,374.75
Price per Square Meter to Buy Apartment Outside of Centre 294,369.94 ₦
238,739.88
350,000.00
Salaries And Financing [Edit] Avg.
Average Monthly Disposable Salary (After Tax) 130,909.64 ₦
80,000.00
198,949.90
Mortgage Interest Rate in Percentages (%), Yearly 18.89
15.00
21.00

These data are based on 986 entries in the past 18 months from 134 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!