Cost of Living in Nigeria

Summary of cost of living in Nigeria:

Restaurants
Edit Range
Meal, Inexpensive Restaurant 1,500.00 ₦ 500.00-3,000.00
Meal for 2 People, Mid-range Restaurant, Three-course 20,000.00 ₦ 12,000.00-50,000.00
McMeal at McDonalds (or Equivalent Combo Meal) 3,000.00 ₦ 2,500.00-4,500.00
Domestic Beer (1 pint draught) 500.00 ₦ 300.00-1,000.00
Imported Beer (12 oz small bottle) 800.00 ₦ 500.00-1,500.00
Cappuccino (regular) 1,471.03 ₦ 300.00-3,000.00
Coke/Pepsi (12 oz small bottle) 207.14 ₦ 150.00-300.00
Water (12 oz small bottle) 126.77 ₦ 100.00-200.00
Markets
Edit
Milk (regular), (1 gallon) 6,109.76 ₦ 3,406.87-9,463.53
Loaf of Fresh White Bread (1 lb) 751.63 ₦ 453.59-1,179.34
Rice (white), (1 lb) 570.06 ₦ 294.84-1,000.00
Eggs (regular) (12) 1,153.45 ₦ 720.00-1,800.00
Local Cheese (1 lb) 1,031.92 ₦ 362.87-4,036.98
Chicken Fillets (1 lb) 1,288.47 ₦ 544.31-2,041.17
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 1,320.72 ₦ 635.03-2,267.96
Apples (1 lb) 901.20 ₦ 453.59-1,360.78
Banana (1 lb) 564.05 ₦ 317.52-1,360.78
Oranges (1 lb) 461.25 ₦ 113.40-1,133.98
Tomato (1 lb) 565.39 ₦ 204.12-907.19
Potato (1 lb) 614.94 ₦ 136.08-1,360.78
Onion (1 lb) 377.14 ₦ 115.67-907.19
Lettuce (1 head) 614.29 ₦ 200.00-1,350.00
Water (1.5 liter bottle) 253.85 ₦ 150.00-500.00
Bottle of Wine (Mid-Range) 3,000.00 ₦ 1,700.00-7,200.00
Domestic Beer (0.5 liter bottle) 487.79 ₦ 300.00-800.00
Imported Beer (12 oz small bottle) 658.33 ₦ 400.00-1,000.00
Cigarettes 20 Pack (Marlboro) 750.00 ₦ 500.00-1,000.00
Transportation
Edit
One-way Ticket (Local Transport) 385.00 ₦ 200.00-800.00
Monthly Pass (Regular Price) 15,850.00 ₦ 5,000.00-25,000.00
Taxi Start (Normal Tariff) 575.00 ₦ 500.00-1,000.00
Taxi 1 mile (Normal Tariff) 1,609.34 ₦ 1,046.07-3,218.69
Taxi 1hour Waiting (Normal Tariff) 2,000.00 ₦ 1,500.00-4,000.00
Gasoline (1 gallon) 1,560.18 ₦ 643.52-2,384.81
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 8,500,000.00 ₦ 5,500,000.00-15,000,000.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 14,500,000.00 ₦ 8,000,000.00-23,000,000.00
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 15,800.00 ₦ 10,000.00-40,000.00
Mobile Phone Monthly Plan with Calls and 10GB+ Data 5,192.31 ₦ 5,000.00-10,000.00
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 21,676.38 ₦ 13,000.00-30,000.00
Sports And Leisure
Edit
Fitness Club, Monthly Fee for 1 Adult 19,106.06 ₦ 10,000.00-30,000.00
Tennis Court Rent (1 Hour on Weekend) 5,785.71 ₦ 3,500.00-7,000.00
Cinema, International Release, 1 Seat 4,000.00 ₦ 2,500.00-5,000.00
Childcare
Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 47,916.67 ₦ 25,000.00-100,000.00
International Primary School, Yearly for 1 Child 826,470.59 ₦ 300,000.00-3,000,000.00
Clothing And Shoes
Edit
1 Pair of Jeans (Levis 501 Or Similar) 9,517.24 ₦ 5,000.00-18,000.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 14,368.42 ₦ 5,000.00-30,000.00
1 Pair of Nike Running Shoes (Mid-Range) 31,000.00 ₦ 15,000.00-55,000.00
1 Pair of Men Leather Business Shoes 28,666.67 ₦ 15,000.00-50,000.00
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 506,490.47 ₦ 150,000.00-1,200,000.00
Apartment (1 bedroom) Outside of Centre 322,763.16 ₦ 80,000.00-700,000.00
Apartment (3 bedrooms) in City Centre 1,224,111.37 ₦ 300,000.00-3,000,000.00
Apartment (3 bedrooms) Outside of Centre 749,196.96 ₦ 180,000.00-1,500,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 81,202.93 ₦ 18,580.45-169,286.98
Price per Square Feet to Buy Apartment Outside of Centre 18,853.57 ₦ 4,645.11-46,451.13
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 99,842.82 ₦
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 16.67 9.00-20.00

Prices in Nigeria

This country had 1078 entries in the past 12 months by 163 different contributors.
Last update: February 2024
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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