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Cost Of Living In Nigeria

Restaurants[ Edit ]Range
Meal, Inexpensive Restaurant500.00 ₦362.301,000.00
Meal for 2 People, Mid-range Restaurant, Three-course6,000.00 ₦3,500.0012,000.00
McMeal at McDonalds (or Equivalent Combo Meal)1,600.00 ₦1,450.002,500.00
Domestic Beer (0.5 liter draught)300.00 ₦250.00500.00
Imported Beer (0.33 liter bottle)500.00 ₦362.30600.00
Cappuccino (regular)711.76 ₦362.301,500.00
Coke/Pepsi (0.33 liter bottle)123.28 ₦100.00200.00
Water (0.33 liter bottle)87.63 ₦50.00123.00
Markets[ Edit ]
Milk (regular), (1 liter)824.93 ₦600.001,200.00
Loaf of Fresh White Bread (500g)334.85 ₦218.75400.00
Rice (white), (1kg)677.09 ₦350.001,300.00
Eggs (regular) (12)494.85 ₦380.00720.00
Local Cheese (1kg)1,286.57 ₦700.003,000.00
Chicken Breasts (Boneless, Skinless), (1kg)1,380.36 ₦1,100.002,000.00
Beef Round (1kg) (or Equivalent Back Leg Red Meat)1,410.36 ₦900.002,500.00
Apples (1kg)1,066.67 ₦600.002,000.00
Banana (1kg)538.82 ₦300.001,000.00
Oranges (1kg)627.22 ₦200.001,000.00
Tomato (1kg)579.41 ₦319.491,100.00
Potato (1kg)638.26 ₦300.001,000.00
Onion (1kg)381.71 ₦250.00600.00
Lettuce (1 head)291.67 ₦200.00500.00
Water (1.5 liter bottle)165.38 ₦120.00300.00
Bottle of Wine (Mid-Range)2,000.00 ₦1,200.003,000.00
Domestic Beer (0.5 liter bottle)309.60 ₦200.00400.00
Imported Beer (0.33 liter bottle)533.33 ₦350.00800.00
Cigarettes 20 Pack (Marlboro)300.00 ₦250.00500.00
Transportation[ Edit ]
One-way Ticket (Local Transport)200.00 ₦100.00300.00
Monthly Pass (Regular Price)7,000.00 ₦5,000.0015,000.00
Taxi Start (Normal Tariff)500.00 ₦400.001,000.00
Taxi 1km (Normal Tariff)120.00 ₦60.00500.00
Taxi 1hour Waiting (Normal Tariff)1,500.00 ₦1,000.002,500.00
Gasoline (1 liter)145.08 ₦145.00154.00
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)7,000,000.00 ₦3,500,000.009,000,000.00
Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car)10,175,000.00 ₦6,000,000.0017,000,000.00
Utilities (Monthly)[ Edit ]
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment8,871.05 ₦5,000.0020,000.00
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)18.36 ₦10.0035.00
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)14,200.00 ₦7,500.0020,000.00
Sports And Leisure[ Edit ]
Fitness Club, Monthly Fee for 1 Adult12,181.82 ₦5,000.0020,000.00
Tennis Court Rent (1 Hour on Weekend)2,954.17 ₦1,000.005,000.00
Cinema, International Release, 1 Seat2,000.00 ₦1,500.003,000.00
Childcare[ Edit ]
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child34,261.80 ₦17,000.0050,000.00
International Primary School, Yearly for 1 Child523,947.37 ₦200,000.001,500,000.00
Clothing And Shoes[ Edit ]
1 Pair of Jeans (Levis 501 Or Similar)6,292.68 ₦3,500.0015,000.00
1 Summer Dress in a Chain Store (Zara, H&M, …)8,969.70 ₦5,000.0015,000.00
1 Pair of Nike Running Shoes (Mid-Range)19,166.67 ₦10,000.0028,000.00
1 Pair of Men Leather Business Shoes23,115.38 ₦12,000.0040,000.00
Rent Per Month[ Edit ]
Apartment (1 bedroom) in City Centre215,729.31 ₦50,000.00500,000.00
Apartment (1 bedroom) Outside of Centre119,695.91 ₦25,000.00250,000.00
Apartment (3 bedrooms) in City Centre623,752.85 ₦150,000.001,800,000.00
Apartment (3 bedrooms) Outside of Centre318,475.96 ₦60,000.00750,000.00
Buy Apartment Price[ Edit ]
Price per Square Meter to Buy Apartment in City Centre358,101.92 ₦150,000.00500,000.00
Price per Square Meter to Buy Apartment Outside of Centre142,000.00 ₦45,000.00200,000.00
Salaries And Financing[ Edit ]
Average Monthly Net Salary (After Tax)73,357.14 ₦
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate17.6110.0021.00

Prices in Nigeria

These data are based on 2862 entries in the past 18 months from 337 different contributors.
Last update: December 2019
Our data for each country are based on all entries from all cities in that country.

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