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Cost of Living in Nigeria

Prices in Nigeria

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IndexInfo
Consumer Price Index (Excl.Rent): 68.20
Rent Index: 23.41
Groceries Index: 65.63
Restaurants Index: 53.43
Consumer Price Plus Rent Index: 46.62
Local Purchasing Power: 38.15

Currency: Default Currency      Switch to imperial measurement units
Restaurants [Edit] Avg.
Range
Meal, Inexpensive Restaurant 1,293.60 ₦
600.00
1,617.00
Meal for 2, Mid-range Restaurant, Three-course 6,000.00 ₦
5,000.00
9,055.19
Combo Meal at McDonalds or Similar 1,500.00 ₦
1,131.90
1,940.40
Domestic Beer (0.5 liter draught) 290.00 ₦
200.00
400.00
Imported Beer (0.33 liter bottle) 450.00 ₦
350.00
646.80
Cappuccino (regular) 410.39 ₦
315.31
517.44
Coke/Pepsi (0.33 liter bottle) 91.95 ₦
70.00
150.00
Water (0.33 liter bottle) 81.24 ₦
50.00
100.00
Markets [Edit] Avg.
Milk (regular), (1 liter) 362.39 ₦
300.00
485.10
Loaf of Fresh White Bread (500g) 232.25 ₦
200.00
300.00
Rice (white), (1kg) 422.57 ₦
300.00
800.00
Eggs (12) 370.68 ₦
300.00
480.00
Local Cheese (1kg) 1,594.83 ₦
1,200.00
2,263.80
Chicken Breasts (Boneless, Skinless), (1kg) 1,125.61 ₦
800.00
1,500.00
Apples (1kg) 607.51 ₦
375.00
800.00
Oranges (1kg) 263.89 ₦
129.36
400.00
Tomato (1kg) 479.59 ₦
300.00
700.00
Potato (1kg) 324.94 ₦
200.00
500.00
Lettuce (1 head) 109.24 ₦
55.00
150.00
Water (1.5 liter bottle) 131.97 ₦
100.00
159.00
Bottle of Wine (Mid-Range) 1,200.00 ₦
800.00
1,500.00
Domestic Beer (0.5 liter bottle) 249.41 ₦
200.00
300.00
Imported Beer (0.33 liter bottle) 333.19 ₦
258.72
450.00
Pack of Cigarettes (Marlboro) 236.89 ₦
200.00
300.00
Transportation [Edit] Avg.
One-way Ticket (Local Transport) 125.00 ₦
100.00
150.00
Monthly Pass (Regular Price) 16,169.99 ₦
9,000.00
24,254.98
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 ₦
1,293.60
1,500.00
Gasoline (1 liter) 97.12 ₦
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 13,016.68 ₦
6,872.25
22,077.87
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) 9,038.29 ₦
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 94,240.70 ₦
60,000.00
129,359.92
Apartment (1 bedroom) Outside of Centre 37,629.42 ₦
20,000.00
80,000.00
Apartment (3 bedrooms) in City Centre 260,683.81 ₦
140,000.00
404,249.75
Apartment (3 bedrooms) Outside of Centre 91,390.44 ₦
64,679.96
153,614.90
Buy Apartment Price [Edit] Avg.
Price per Square Meter to Buy Apartment in City Centre 444,674.72 ₦
404,249.75
485,099.70
Price per Square Meter to Buy Apartment Outside of Centre 272,019.94 ₦
194,039.88
350,000.00
Salaries And Financing [Edit] Avg.
Average Monthly Disposable Salary (After Tax) 127,094.77 ₦
70,000.00
161,699.90
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

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!