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Cost of Living in Nigeria

Prices in Nigeria

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IndexInfo
Consumer Price Index (Excl.Rent): 47.18
Rent Index: 20.53
Groceries Index: 43.90
Restaurants Index: 37.48
Consumer Price Plus Rent Index: 33.96
Local Purchasing Power: 55.98

Currency: Sticky Currency      Switch to metric measurement units
Restaurants [Edit] Avg.
Range
Meal, Inexpensive Restaurant 590.00 ₦
300.00
1,500.00
Meal for 2, Mid-range Restaurant, Three-course 7,000.00 ₦
4,500.00
10,000.00
McMeal at McDonalds (or Equivalent Combo Meal) 1,500.00 ₦
1,300.00
2,000.00
Domestic Beer (0.5 liter draught) 250.00 ₦
200.00
498.12
Imported Beer (0.33 liter bottle) 444.18 ₦
300.00
700.00
Cappuccino (regular) 563.34 ₦
300.00
1,000.00
Coke/Pepsi (0.33 liter bottle) 88.17 ₦
60.00
120.00
Water (0.33 liter bottle) 75.38 ₦
50.00
100.00
Markets [Edit] Avg.
Milk (regular), (1 gallon) 1,372.80 ₦
1,097.77
1,892.71
Loaf of Fresh White Bread (1 lb) 218.79 ₦
181.44
272.16
Rice (white), (1 lb) 156.02 ₦
90.72
226.80
Eggs (12) 360.01 ₦
300.00
480.00
Local Cheese (1 lb) 743.89 ₦
544.31
1,206.56
Chicken Breasts (Boneless, Skinless), (1 lb) 498.83 ₦
340.19
680.39
Apples (1 lb) 251.86 ₦
136.08
362.87
Oranges (1 lb) 129.68 ₦
68.04
181.44
Tomato (1 lb) 185.48 ₦
113.40
317.52
Potato (1 lb) 135.79 ₦
90.72
226.80
Lettuce (1 head) 123.75 ₦
50.00
200.00
Water (1.5 liter bottle) 137.30 ₦
100.00
159.00
Bottle of Wine (Mid-Range) 1,000.00 ₦
600.00
1,500.00
Domestic Beer (0.5 liter bottle) 248.95 ₦
200.00
300.00
Imported Beer (0.33 liter bottle) 359.38 ₦
250.00
500.00
Pack of Cigarettes (Marlboro) 200.00 ₦
200.00
298.88
Transportation [Edit] Avg.
One-way Ticket (Local Transport) 150.00 ₦
80.00
300.00
Monthly Pass (Regular Price) 9,000.00 ₦
6,500.00
21,000.00
Taxi Start (Normal Tariff) 500.00 ₦
300.00
500.00
Taxi 1 mile (Normal Tariff) 362.10 ₦
321.87
804.67
Taxi 1hour Waiting (Normal Tariff) 1,500.00 ₦
1,000.00
1,500.00
Gasoline (1 gallon) 354.63 ₦
329.33
378.54
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 915 sq ft Apartment 15,875.00 ₦
5,000.00
30,000.00
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 22.26 ₦
17.93
30.00
Internet (10 Mbps, Unlimited Data, Cable/ADSL) 15,269.44 ₦
12,000.00
19,925.00
Sports And Leisure [Edit] Avg.
Fitness Club, Monthly Fee for 1 Adult 10,916.67 ₦
5,000.00
20,000.00
Tennis Court Rent (1 Hour on Weekend) 1,666.67 ₦
500.00
2,500.00
Cinema, International Release, 1 Seat 1,500.00 ₦
1,400.00
1,500.00
Clothing And Shoes [Edit] Avg.
1 Pair of Jeans (Levis 501 Or Similar) 6,643.81 ₦
4,000.00
10,000.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 6,180.11 ₦
4,000.00
8,500.00
1 Pair of Nike Running Shoes (Mid-Range) 10,413.89 ₦
8,000.00
15,000.00
1 Pair of Men Leather Business Shoes 11,394.69 ₦
5,000.00
16,936.25
Rent Per Month [Edit] Avg.
Apartment (1 bedroom) in City Centre 105,486.72 ₦
60,000.00
169,362.50
Apartment (1 bedroom) Outside of Centre 37,873.87 ₦
15,000.00
80,000.00
Apartment (3 bedrooms) in City Centre 338,382.03 ₦
200,000.00
750,000.00
Apartment (3 bedrooms) Outside of Centre 105,252.21 ₦
40,000.00
250,000.00
Buy Apartment Price [Edit] Avg.
Price per Square Feet to Buy Apartment in City Centre 18,563.03 ₦
9,255.39
27,870.68
Price per Square Feet to Buy Apartment Outside of Centre 19,488.57 ₦
9,290.23
32,515.79
Salaries And Financing [Edit] Avg.
Average Monthly Disposable Salary (After Tax) 124,371.08 ₦
70,000.00
192,000.00
Mortgage Interest Rate in Percentages (%), Yearly 18.86
12.00
23.00

These data are based on 1195 entries in the past 18 months from 165 different contributors.

Last update: August, 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, Calabar, Damaturu, Ede, Effon Alaiye, Enugu, Gombe, ... Update information for Nigeria!