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Cost of Living in Nigeria

Prices in Nigeria

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IndexInfo
Consumer Price Index (Excl.Rent): 57.52
Rent Index: 21.57
Groceries Index: 50.70
Restaurants Index: 48.46
Consumer Price Plus Rent Index: 39.72
Local Purchasing Power: 42.11

Currency: Default Currency      Switch to US measurement units
Restaurants [Edit] Avg.
Range
Meal, Inexpensive Restaurant 1,000.00 ₦
500.00
1,903.00
Meal for 2, Mid-range Restaurant, Three-course 7,500.00 ₦
5,000.00
10,000.00
McMeal at McDonalds (or Equivalent Combo Meal) 1,500.00 ₦
1,332.10
2,000.00
Domestic Beer (0.5 liter draught) 280.00 ₦
200.00
376.79
Imported Beer (0.33 liter bottle) 500.00 ₦
350.00
700.00
Cappuccino (regular) 508.73 ₦
350.00
800.00
Coke/Pepsi (0.33 liter bottle) 84.74 ₦
70.00
120.00
Water (0.33 liter bottle) 79.58 ₦
50.00
100.00
Markets [Edit] Avg.
Milk (regular), (1 liter) 363.32 ₦
300.00
500.00
Loaf of Fresh White Bread (500g) 243.07 ₦
200.00
300.00
Rice (white), (1kg) 338.51 ₦
200.00
500.00
Eggs (12) 361.12 ₦
300.00
480.00
Local Cheese (1kg) 1,651.43 ₦
1,200.00
2,660.00
Chicken Breasts (Boneless, Skinless), (1kg) 1,063.77 ₦
750.00
1,500.00
Apples (1kg) 563.53 ₦
300.00
800.00
Oranges (1kg) 287.39 ₦
150.00
400.00
Tomato (1kg) 389.57 ₦
250.00
500.00
Potato (1kg) 307.54 ₦
220.00
450.00
Lettuce (1 head) 115.00 ₦
50.00
200.00
Water (1.5 liter bottle) 144.22 ₦
120.00
160.00
Bottle of Wine (Mid-Range) 1,200.00 ₦
800.00
1,500.00
Domestic Beer (0.5 liter bottle) 245.83 ₦
200.00
300.00
Imported Beer (0.33 liter bottle) 365.05 ₦
300.00
500.00
Pack of Cigarettes (Marlboro) 200.00 ₦
200.00
285.45
Transportation [Edit] Avg.
One-way Ticket (Local Transport) 125.00 ₦
100.00
150.00
Monthly Pass (Regular Price) 19,030.00 ₦
9,000.00
26,000.00
Taxi Start (Normal Tariff) 500.00 ₦
500.00
1,000.00
Taxi 1km (Normal Tariff) 400.00 ₦
200.00
500.00
Taxi 1hour Waiting (Normal Tariff) 1,500.00 ₦
1,500.00
2,000.00
Gasoline (1 liter) 97.38 ₦
97.00
100.00
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 12,452.38 ₦
5,000.00
20,000.00
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 24.50 ₦
20.00
30.00
Internet (6 Mbps, Unlimited Data, Cable/ADSL) 14,285.71 ₦
10,000.00
15,000.00
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) 8,931.35 ₦
5,000.00
14,867.19
1 Summer Dress in a Chain Store (Zara, H&M, ...) 7,687.50 ₦
6,000.00
10,000.00
1 Pair of Nike Shoes 10,664.82 ₦
8,000.00
15,000.00
1 Pair of Men Leather Shoes 14,386.17 ₦
8,500.00
16,800.00
Rent Per Month [Edit] Avg.
Apartment (1 bedroom) in City Centre 106,812.59 ₦
70,000.00
152,240.00
Apartment (1 bedroom) Outside of Centre 39,079.12 ₦
20,000.00
80,000.00
Apartment (3 bedrooms) in City Centre 320,710.56 ₦
200,000.00
475,750.00
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 205,300.00 ₦
45,000.00
475,750.00
Price per Square Meter to Buy Apartment Outside of Centre 289,180.00 ₦
228,360.00
350,000.00
Salaries And Financing [Edit] Avg.
Average Monthly Disposable Salary (After Tax) 129,370.21 ₦
80,000.00
190,300.00
Mortgage Interest Rate in Percentages (%), Yearly 18.62
15.00
21.00

These data are based on 972 entries in the past 18 months from 135 different contributors.

Last update: January, 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!