Cost of Living in Nigeria

Summary of cost of living in Nigeria:

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 ₦ 5,000.00-40,000.00
McMeal at McDonalds (or Equivalent Combo Meal) 2,750.00 ₦ 2,000.00-3,500.00
Domestic Beer (1 pint draught) 400.00 ₦ 250.00-700.00
Imported Beer (12 oz small bottle) 600.00 ₦ 400.00-1,000.00
Cappuccino (regular) 1,000.17 ₦ 200.00-2,500.00
Coke/Pepsi (12 oz small bottle) 169.07 ₦ 120.00-250.00
Water (12 oz small bottle) 109.63 ₦ 100.00-150.00
Markets
Edit
Milk (regular), (1 gallon) 4,952.58 ₦ 2,460.52-9,463.53
Loaf of Fresh White Bread (1 lb) 544.69 ₦ 272.16-907.19
Rice (white), (1 lb) 500.65 ₦ 226.80-922.70
Eggs (regular) (12) 897.38 ₦ 400.00-1,440.00
Local Cheese (1 lb) 833.50 ₦ 362.87-2,494.76
Chicken Fillets (1 lb) 958.23 ₦ 453.59-1,750.00
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 943.11 ₦ 408.23-2,000.00
Apples (1 lb) 676.24 ₦ 226.80-1,133.98
Banana (1 lb) 369.50 ₦ 136.08-997.90
Oranges (1 lb) 285.28 ₦ 90.72-907.19
Tomato (1 lb) 409.89 ₦ 136.08-900.00
Potato (1 lb) 438.85 ₦ 127.01-907.19
Onion (1 lb) 312.80 ₦ 136.08-453.59
Lettuce (1 head) 482.89 ₦ 200.00-1,100.00
Water (1.5 liter bottle) 223.08 ₦ 150.00-350.00
Bottle of Wine (Mid-Range) 2,000.00 ₦ 1,000.00-4,500.00
Domestic Beer (0.5 liter bottle) 397.29 ₦ 200.00-700.00
Imported Beer (12 oz small bottle) 572.97 ₦ 300.00-1,000.00
Cigarettes 20 Pack (Marlboro) 500.00 ₦ 300.00-1,000.00
Transportation
Edit
One-way Ticket (Local Transport) 300.00 ₦ 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) 1,609.34 ₦ 321.87-2,414.02
Taxi 1hour Waiting (Normal Tariff) 2,000.00 ₦ 1,200.00-3,500.00
Gasoline (1 gallon) 668.75 ₦ 567.81-946.35
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) 12,330,769.23 ₦ 8,800,000.00-16,000,000.00
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 11,651.42 ₦ 5,000.00-25,000.00
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 18.89 ₦ 7.00-32.00
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 21,726.38 ₦ 15,000.00-30,000.00
Sports And Leisure
Edit
Fitness Club, Monthly Fee for 1 Adult 15,000.00 ₦ 5,000.00-25,000.00
Tennis Court Rent (1 Hour on Weekend) 3,228.57 ₦ 1,500.00-5,000.00
Cinema, International Release, 1 Seat 3,000.00 ₦ 1,500.00-5,000.00
Childcare
Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 42,779.21 ₦ 18,500.00-100,000.00
International Primary School, Yearly for 1 Child 969,088.11 ₦ 300,000.00-3,100,000.00
Clothing And Shoes
Edit
1 Pair of Jeans (Levis 501 Or Similar) 7,865.38 ₦ 4,000.00-15,000.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 11,500.00 ₦ 4,500.00-24,000.00
1 Pair of Nike Running Shoes (Mid-Range) 26,767.44 ₦ 11,000.00-45,000.00
1 Pair of Men Leather Business Shoes 28,000.00 ₦ 14,000.00-50,000.00
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 324,778.31 ₦ 120,000.00-800,000.00
Apartment (1 bedroom) Outside of Centre 211,206.18 ₦ 70,000.00-500,000.00
Apartment (3 bedrooms) in City Centre 724,486.94 ₦ 300,000.00-2,500,000.00
Apartment (3 bedrooms) Outside of Centre 472,894.20 ₦ 150,000.00-1,200,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 47,361.44 ₦ 11,612.78-464,511.33
Price per Square Feet to Buy Apartment Outside of Centre 23,402.52 ₦ 5,574.14-185,804.53
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 73,726.24 ₦
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 17.98 10.00-22.00

Prices in Nigeria

This country had 2082 entries in the past 12 months by 242 different contributors.
Last update: May 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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