Cost of Living in Nigeria

Summary:

Restaurants
Edit Range
Meal, Inexpensive Restaurant 700.00 ₦ 300.00-2,000.00
Meal for 2 People, Mid-range Restaurant, Three-course 15,000.00 ₦ 4,500.00-32,000.00
McMeal at McDonalds (or Equivalent Combo Meal) 2,500.00 ₦ 2,000.00-3,500.00
Domestic Beer (1 pint draught) 400.00 ₦ 250.00-900.00
Imported Beer (12 oz small bottle) 600.00 ₦ 400.00-1,000.00
Cappuccino (regular) 999.53 ₦ 200.00-2,500.00
Coke/Pepsi (12 oz small bottle) 167.01 ₦ 120.00-250.00
Water (12 oz small bottle) 108.97 ₦ 100.00-200.00
Markets
Edit
Milk (regular), (1 gallon) 4,800.23 ₦ 2,271.25-9,463.53
Loaf of Fresh White Bread (1 lb) 497.77 ₦ 272.16-907.19
Rice (white), (1 lb) 503.59 ₦ 226.80-907.19
Eggs (regular) (12) 848.22 ₦ 380.00-1,200.00
Local Cheese (1 lb) 823.94 ₦ 294.84-2,267.96
Chicken Fillets (1 lb) 930.01 ₦ 453.59-1,750.00
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 931.69 ₦ 408.23-1,814.37
Apples (1 lb) 646.78 ₦ 226.80-1,133.98
Banana (1 lb) 351.89 ₦ 136.08-907.19
Oranges (1 lb) 260.32 ₦ 90.72-816.47
Tomato (1 lb) 390.70 ₦ 113.40-900.00
Potato (1 lb) 427.90 ₦ 127.01-907.19
Onion (1 lb) 295.06 ₦ 136.08-453.59
Lettuce (1 head) 447.37 ₦ 200.00-1,000.00
Water (1.5 liter bottle) 214.41 ₦ 150.00-350.00
Bottle of Wine (Mid-Range) 2,000.00 ₦ 1,000.00-4,500.00
Domestic Beer (0.5 liter bottle) 380.21 ₦ 200.00-600.00
Imported Beer (12 oz small bottle) 572.71 ₦ 300.00-1,000.00
Cigarettes 20 Pack (Marlboro) 500.00 ₦ 300.00-1,000.00
Transportation
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One-way Ticket (Local Transport) 225.00 ₦ 100.00-500.00
Monthly Pass (Regular Price) 10,000.00 ₦ 5,000.00-20,000.00
Taxi Start (Normal Tariff) 500.00 ₦ 300.00-1,000.00
Taxi 1 mile (Normal Tariff) 1,287.48 ₦ 321.87-2,414.02
Taxi 1hour Waiting (Normal Tariff) 2,000.00 ₦ 1,000.00-3,500.00
Gasoline (1 gallon) 653.31 ₦ 548.88-946.35
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 7,000,000.00 ₦ 5,000,000.00-9,000,000.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 11,858,333.33 ₦ 8,500,000.00-16,000,000.00
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 10,872.20 ₦ 5,000.00-25,000.00
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 18.66 ₦ 9.00-30.00
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 21,628.15 ₦ 15,000.00-30,000.00
Sports And Leisure
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Fitness Club, Monthly Fee for 1 Adult 14,120.00 ₦ 5,000.00-25,000.00
Tennis Court Rent (1 Hour on Weekend) 3,127.27 ₦ 1,000.00-5,000.00
Cinema, International Release, 1 Seat 3,000.00 ₦ 1,500.00-5,000.00
Childcare
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Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 42,374.94 ₦ 18,500.00-85,000.00
International Primary School, Yearly for 1 Child 970,044.70 ₦ 300,000.00-3,100,000.00
Clothing And Shoes
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1 Pair of Jeans (Levis 501 Or Similar) 7,798.08 ₦ 4,000.00-15,000.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 11,472.22 ₦ 4,500.00-24,000.00
1 Pair of Nike Running Shoes (Mid-Range) 26,348.84 ₦ 11,000.00-45,000.00
1 Pair of Men Leather Business Shoes 27,804.35 ₦ 14,000.00-50,000.00
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 432,476.68 ₦ 150,000.00-1,200,000.00
Apartment (1 bedroom) Outside of Centre 260,086.24 ₦ 90,000.00-500,000.00
Apartment (3 bedrooms) in City Centre 1,336,634.69 ₦ 435,664.37-3,250,000.00
Apartment (3 bedrooms) Outside of Centre 645,000.00 ₦ 225,000.00-1,700,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 45,324.54 ₦ 11,612.78-464,511.33
Price per Square Feet to Buy Apartment Outside of Centre 35,514.22 ₦ 5,574.14-185,804.53
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 72,759.11 ₦
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 17.41 10.00-20.00

Prices in Nigeria

This country had 1790 entries in the past 12 months by 186 different contributors.
Last update: February 2023
Our data for each country are based on all entries from all cities in that country.
Sources and References
Distribution of Expenses Using Our Statistical Model:
  
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