Cost of Living in Nigeria

Summary of cost of living in Nigeria:

Restaurants
Edit Range
Meal, Inexpensive Restaurant 1,200.00 ₦ 500.00-3,000.00
Meal for 2 People, Mid-range Restaurant, Three-course 20,000.00 ₦ 10,000.00-40,000.00
McMeal at McDonalds (or Equivalent Combo Meal) 3,000.00 ₦ 2,500.00-5,000.00
Domestic Beer (1 pint draught) 500.00 ₦ 300.00-800.00
Imported Beer (12 oz small bottle) 700.00 ₦ 500.00-1,000.00
Cappuccino (regular) 1,485.73 ₦ 300.00-3,000.00
Coke/Pepsi (12 oz small bottle) 193.23 ₦ 150.00-300.00
Water (12 oz small bottle) 123.65 ₦ 100.00-200.00
Markets
Edit
Milk (regular), (1 gallon) 6,110.74 ₦ 3,406.87-9,463.53
Loaf of Fresh White Bread (1 lb) 713.84 ₦ 453.59-907.19
Rice (white), (1 lb) 576.28 ₦ 226.80-1,200.00
Eggs (regular) (12) 1,051.27 ₦ 720.00-1,800.00
Local Cheese (1 lb) 1,135.22 ₦ 362.87-4,036.98
Chicken Fillets (1 lb) 1,211.53 ₦ 544.31-2,041.17
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 1,358.16 ₦ 635.03-2,500.00
Apples (1 lb) 883.06 ₦ 453.59-1,360.78
Banana (1 lb) 562.74 ₦ 317.52-1,043.26
Oranges (1 lb) 421.06 ₦ 90.72-1,133.98
Tomato (1 lb) 564.53 ₦ 204.12-907.19
Potato (1 lb) 597.50 ₦ 136.08-1,133.98
Onion (1 lb) 370.61 ₦ 113.40-907.19
Lettuce (1 head) 589.47 ₦ 200.00-1,350.00
Water (1.5 liter bottle) 249.32 ₦ 150.00-400.00
Bottle of Wine (Mid-Range) 3,000.00 ₦ 1,700.00-6,000.00
Domestic Beer (0.5 liter bottle) 485.72 ₦ 300.00-714.29
Imported Beer (12 oz small bottle) 636.11 ₦ 400.00-1,000.00
Cigarettes 20 Pack (Marlboro) 750.00 ₦ 500.00-1,000.00
Transportation
Edit
One-way Ticket (Local Transport) 335.00 ₦ 200.00-500.00
Monthly Pass (Regular Price) 15,850.00 ₦ 7,500.00-20,000.00
Taxi Start (Normal Tariff) 675.00 ₦ 420.00-1,000.00
Taxi 1 mile (Normal Tariff) 1,609.34 ₦ 1,046.07-2,414.02
Taxi 1hour Waiting (Normal Tariff) 2,000.00 ₦ 1,500.00-4,000.00
Gasoline (1 gallon) 711.55 ₦ 624.59-1,135.62
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 8,000,000.00 ₦ 5,500,000.00-10,000,000.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 14,222,222.22 ₦ 10,000,000.00-21,000,000.00
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 16,953.78 ₦ 10,000.00-30,000.00
Mobile Phone Monthly Plan with Calls and 10GB+ Data 5,045.45 ₦ 5,000.00-7,500.00
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 22,317.24 ₦ 15,000.00-30,000.00
Sports And Leisure
Edit
Fitness Club, Monthly Fee for 1 Adult 18,651.52 ₦ 10,000.00-30,000.00
Tennis Court Rent (1 Hour on Weekend) 5,416.67 ₦ 3,500.00-7,000.00
Cinema, International Release, 1 Seat 3,750.00 ₦ 2,500.00-5,000.00
Childcare
Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 49,023.84 ₦ 25,000.00-100,000.00
International Primary School, Yearly for 1 Child 1,047,222.22 ₦ 300,000.00-5,000,000.00
Clothing And Shoes
Edit
1 Pair of Jeans (Levis 501 Or Similar) 8,865.38 ₦ 5,000.00-18,000.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 13,500.00 ₦ 5,000.00-35,000.00
1 Pair of Nike Running Shoes (Mid-Range) 31,727.27 ₦ 15,000.00-55,000.00
1 Pair of Men Leather Business Shoes 28,960.00 ₦ 15,000.00-60,000.00
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 457,465.79 ₦ 150,000.00-900,000.00
Apartment (1 bedroom) Outside of Centre 298,671.22 ₦ 80,000.00-700,000.00
Apartment (3 bedrooms) in City Centre 1,011,227.80 ₦ 300,000.00-3,000,000.00
Apartment (3 bedrooms) Outside of Centre 655,833.33 ₦ 150,000.00-1,500,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 44,958.22 ₦ 18,580.45-86,930.59
Price per Square Feet to Buy Apartment Outside of Centre 17,339.96 ₦ 4,645.11-41,806.02
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 97,181.59 ₦
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 18.06 10.00-22.00

Prices in Nigeria

This country had 2238 entries in the past 12 months by 266 different contributors.
Last update: September 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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