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Cost of Living in Nigeria

Prices in Nigeria

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IndexInfo
Consumer Price Index (Excl.Rent): 68.30
Rent Index: 23.40
Groceries Index: 65.56
Restaurants Index: 54.04
Consumer Price Plus Rent Index: 46.64
Local Purchasing Power: 38.10

Currency: Default Currency      Switch to imperial measurement units
Restaurants [Edit] Avg.
Range
Meal, Inexpensive Restaurant 1,295.12 ₦
600.00
1,618.90
Meal for 2, Mid-range Restaurant, Three-course 6,000.00 ₦
5,000.00
9,065.83
Combo Meal at McDonalds or Similar 1,500.00 ₦
1,133.23
1,942.68
Domestic Beer (0.5 liter draught) 290.00 ₦
200.00
400.00
Imported Beer (0.33 liter bottle) 450.00 ₦
350.00
647.56
Cappuccino (regular) 410.58 ₦
315.69
518.05
Coke/Pepsi (0.33 liter bottle) 91.96 ₦
70.00
150.00
Water (0.33 liter bottle) 81.25 ₦
50.00
100.00
Markets [Edit] Avg.
Milk (regular), (1 liter) 362.45 ₦
300.00
485.67
Loaf of Fresh White Bread (500g) 232.18 ₦
200.00
297.89
Rice (white), (1kg) 422.60 ₦
300.00
800.00
Eggs (12) 370.71 ₦
300.00
480.00
Local Cheese (1kg) 1,595.21 ₦
1,200.00
2,266.46
Chicken Breasts (Boneless, Skinless), (1kg) 1,125.79 ₦
800.00
1,500.00
Apples (1kg) 607.56 ₦
375.00
800.00
Oranges (1kg) 263.94 ₦
129.51
400.00
Tomato (1kg) 479.62 ₦
300.00
700.00
Potato (1kg) 324.98 ₦
200.00
500.00
Lettuce (1 head) 109.25 ₦
55.00
150.00
Water (1.5 liter bottle) 131.98 ₦
100.00
159.00
Bottle of Wine (Mid-Range) 1,200.00 ₦
800.00
1,500.00
Domestic Beer (0.5 liter bottle) 249.44 ₦
200.00
300.00
Imported Beer (0.33 liter bottle) 333.28 ₦
259.02
450.00
Pack of Cigarettes (Marlboro) 237.17 ₦
200.00
300.00
Transportation [Edit] Avg.
One-way Ticket (Local Transport) 125.00 ₦
100.00
150.00
Monthly Pass (Regular Price) 16,188.99 ₦
9,000.00
24,283.48
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 ₦
1,295.12
1,500.00
Gasoline (1 liter) 97.13 ₦
97.00
99.00
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 3,300,000.00 ₦
2,500,000.00
3,800,000.00
Utilities (Monthly) [Edit] Avg.
Basic (Electricity, Heating, Water, Garbage) for 85m2 Apartment 13,021.54 ₦
6,880.32
22,103.81
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) 9,039.21 ₦
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 94,258.40 ₦
60,000.00
129,511.92
Apartment (1 bedroom) Outside of Centre 37,628.08 ₦
20,000.00
80,000.00
Apartment (3 bedrooms) in City Centre 260,834.75 ₦
140,000.00
404,724.75
Apartment (3 bedrooms) Outside of Centre 91,413.76 ₦
64,755.96
153,795.40
Buy Apartment Price [Edit] Avg.
Price per Square Meter to Buy Apartment in City Centre 445,197.22 ₦
404,724.75
485,669.70
Price per Square Meter to Buy Apartment Outside of Centre 272,133.94 ₦
194,267.88
350,000.00
Salaries And Financing [Edit] Avg.
Average Monthly Disposable Salary (After Tax) 127,109.70 ₦
70,000.00
161,889.90
Mortgage Interest Rate in Percentages (%), Yearly 18.67
15.00
21.00

These data are based on 1003 entries in the past 18 months from 132 different contributors.

Last update: July, 2014

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

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