Cost of Living in Nigeria

Summary of cost of living in Nigeria:

A family of four estimated monthly costs are 1,854.4€ (1,988.9$) without rent.
A single person estimated monthly costs are 509.8€ (546.8$) without rent.
Cost of living in Nigeria is, on average, 57.0% lower than in United States.
Rent in Nigeria is, on average, 47.1% lower than in United States.

Restaurants	Edit	Range
Meal, Inexpensive Restaurant	2.24 €	0.84-5.48
Meal for 2 People, Mid-range Restaurant, Three-course	34.84 €	21.29-82.76
McMeal at McDonalds (or Equivalent Combo Meal)	5.58 €	4.21-7.32
Domestic Beer (1 pint draught)	0.90 €	0.59-2.13
Imported Beer (12 oz small bottle)	1.24 €	0.85-2.22
Cappuccino (regular)	2.32 €	0.52-5.32
Coke/Pepsi (12 oz small bottle)	0.35 €	0.24-0.56
Water (12 oz small bottle)	0.22 €	0.15-0.41
Markets	Edit
Milk (regular), (1 gallon)	10.25 €	5.36-19.09
Loaf of Fresh White Bread (1 lb)	1.20 €	0.65-1.94
Rice (white), (1 lb)	0.98 €	0.43-1.95
Eggs (regular) (12)	1.88 €	1.13-2.94
Local Cheese (1 lb)	1.55 €	0.66-6.55
Chicken Fillets (1 lb)	2.15 €	1.10-3.23
Beef Round (1 lb) (or Equivalent Back Leg Red Meat)	2.22 €	1.01-4.49
Apples (1 lb)	1.55 €	0.65-2.56
Banana (1 lb)	0.99 €	0.51-2.31
Oranges (1 lb)	0.74 €	0.15-1.89
Tomato (1 lb)	1.06 €	0.30-1.92
Potato (1 lb)	1.12 €	0.29-2.13
Onion (1 lb)	0.73 €	0.20-1.14
Lettuce (1 head)	1.16 €	0.32-2.95
Water (1.5 liter bottle)	0.43 €	0.24-0.89
Bottle of Wine (Mid-Range)	6.20 €	2.63-11.23
Domestic Beer (0.5 liter bottle)	0.92 €	0.45-1.60
Imported Beer (12 oz small bottle)	1.28 €	0.64-2.02
Cigarettes 20 Pack (Marlboro)	1.21 €	1.01-2.20
Transportation	Edit
One-way Ticket (Local Transport)	0.62 €	0.31-1.12
Monthly Pass (Regular Price)	25.31 €	8.93-40.46
Taxi Start (Normal Tariff)	1.04 €	0.71-2.23
Taxi 1 mile (Normal Tariff)	2.69 €	1.42-4.89
Taxi 1hour Waiting (Normal Tariff)	4.05 €	2.00-7.34
Gasoline (1 gallon)	2.11 €	1.42-2.91
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)	11,228.90 €	8,986.73-18,985.62
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)	22,205.22 €	17,965.55-32,838.08
Utilities (Monthly)	Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment	26.51 €	17.80-42.97
Mobile Phone Monthly Plan with Calls and 10GB+ Data	8.90 €	3.54-12.02
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	36.28 €	17.99-60.83
Sports And Leisure	Edit
Fitness Club, Monthly Fee for 1 Adult	36.07 €	12.13-52.79
Tennis Court Rent (1 Hour on Weekend)	8.40 €	3.96-10.63
Cinema, International Release, 1 Seat	6.68 €	4.14-11.14
Childcare	Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child	77.90 €	35.15-179.73
International Primary School, Yearly for 1 Child	1,495.56 €	481.24-4,369.69
Clothing And Shoes	Edit
1 Pair of Jeans (Levis 501 Or Similar)	16.49 €	8.95-33.52
1 Summer Dress in a Chain Store (Zara, H&M, ...)	24.99 €	9.22-49.23
1 Pair of Nike Running Shoes (Mid-Range)	57.67 €	15.80-114.44
1 Pair of Men Leather Business Shoes	52.51 €	22.13-101.00
Rent Per Month	Edit
Apartment (1 bedroom) in City Centre	799.84 €	262.53-1,821.22
Apartment (1 bedroom) Outside of Centre	497.74 €	164.42-1,071.24
Apartment (3 bedrooms) in City Centre	1,861.32 €	601.53-5,351.45
Apartment (3 bedrooms) Outside of Centre	1,118.25 €	364.13-3,033.83
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	71.05 €	50.23-125.13
Price per Square Feet to Buy Apartment Outside of Centre	30.75 €	10.35-93.25
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	160.94 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	20.08	10.00-22.50

Prices in Nigeria

This country had 1277 entries in the past 12 months by 189 different contributors.
Last update: April 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References