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Cost Of Living In Nigeria - Travel (2) - Nairaland

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Re: Cost Of Living In Nigeria by Nobody: 1:21pm On Oct 22, 2020
Ok
Re: Cost Of Living In Nigeria by Lovelies1: 1:21pm On Oct 22, 2020
V
Re: Cost Of Living In Nigeria by pretydiva(f): 1:21pm On Oct 22, 2020
Heard foreign rice is now 46000. Cost of living in naija is expensive
Re: Cost Of Living In Nigeria by Nellybank(m): 1:21pm On Oct 22, 2020
It was manageable before my Kwaraption fighter came to in kill kwaruption Nigerians while his children flourish like excess crude oil in Niger Delta Region
Re: Cost Of Living In Nigeria by Nobody: 1:21pm On Oct 22, 2020
Mostly correct but you can survive with less
Re: Cost Of Living In Nigeria by mrkings84(m): 1:21pm On Oct 22, 2020
GHOST BUHARI SHOULD JUST RESIGN. ENOUGH IS ENOUGH!!
Re: Cost Of Living In Nigeria by Tinyemeka(m): 1:21pm On Oct 22, 2020
Minimum wage in the state of New York is $14.50 per hour or N5,532.80 per hour.

Working a 9-5 job, Monday to Friday for 1 month (21 days) equates to:

N5,532.80 * 8hrs * 21 days or N929,510.40 per month as minimum wage, excluding weekend/overtime pay. Or salaries from other jobs.

How much is our minimum wage again? undecided


Available247:
Cost of living in Nigeria is 57.17% lower than in United States(aggregate data for all cities, rent is not taken into account).



Restaurants

Meal, Inexpensive Restaurant 500.00 ₦
Meal for 2 People, Mid-range Restaurant, Three-course 8,000.00 ₦
McMeal at McDonalds (or Equivalent Combo Meal) 2,000.00 ₦
Domestic Beer (0.5 liter draught) 300.00 ₦
Imported Beer (0.33 liter bottle) 500.00 ₦
Cappuccino (regular) 788.81 ₦
Coke/Pepsi (0.33 liter bottle) 123.38 ₦
Water (0.33 liter bottle) 87.53 ₦

Markets

Milk (regular), (1 liter) 916.85 ₦
Loaf of Fresh White Bread (500g) 358.42 ₦
Rice (white), (1kg) 732.82 ₦
Rice (white), (50kg) 36,000 ₦
Eggs (regular) (12) 487.07 ₦
Local Cheese (1kg) 1,744.79 ₦
Chicken Fillets (1kg) 1,468.75 ₦
Beef Round (1kg) (or Equivalent Back Leg Red Meat) 1,545.77 ₦
Apples (1kg) 1,164.06 ₦
Banana (1kg) 560.08 ₦
Oranges (1kg) 571.33 ₦
Tomato (1kg) 676.56 ₦
Potato (1kg) 644.26 ₦
Onion (1kg) 465.00 ₦
Lettuce (1 head) 304.76 ₦
Water (1.5 liter bottle) 165.32 ₦
Bottle of Wine (Mid-Range) 1,500.00 ₦
Domestic Beer (0.5 liter bottle) 291.93 ₦
Imported Beer (0.33 liter bottle) 501.72 ₦
Cigarettes 20 Pack (Marlboro) 350.00 ₦

Transportation

One-way Ticket (Local Transport) 200.00 ₦
Monthly Pass (Regular Price) 9,000.00 ₦
Taxi Start (Normal Tariff) 500.00 ₦
Taxi 1km (Normal Tariff) 400.00 ₦
Taxi 1hour Waiting (Normal Tariff) 1,712.50 ₦
Gasoline (1 liter) 151.56 ₦
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 6,000,000.00 ₦
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 8,878,260.87 ₦

Utilities (Monthly)

Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment 8,257.78 ₦
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 19.94 ₦
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 15,137.80 ₦

Sports And Leisure

Fitness Club, Monthly Fee for 1 Adult 14,826.92 ₦
Tennis Court Rent (1 Hour on Weekend) 2,596.00 ₦
Cinema, International Release, 1 Seat 2,000.00 ₦

Childcare

Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 36,131.61 ₦
International Primary School, Yearly for 1 Child 668,488.37 ₦

Clothing And Shoes

1 Pair of Jeans (Levis 501 Or Similar) 6,490.20 ₦
1 Summer Dress in a Chain Store (Zara, H&M, ...) 9,880.95 ₦
1 Pair of Nike Running Shoes (Mid-Range) 20,273.81 ₦
1 Pair of Men Leather Business Shoes 23,708.33 ₦

Rent Per Month

Apartment (1 bedroom) in City Centre 279,163.97 ₦
Apartment (1 bedroom) Outside of Centre 194,824.56 ₦
Apartment (3 bedrooms) in City Centre 820,698.90 ₦
Apartment (3 bedrooms) Outside of Centre 470,862.07 ₦

Buy Apartment Price

Price per Square Meter to Buy Apartment in City Centre 308,101.92 ₦
Price per Square Meter to Buy Apartment Outside of Centre 164,166.67 ₦

Salaries And Financing

Average Monthly Net Salary (After Tax) 70,843.14 ₦

2 Likes

Re: Cost Of Living In Nigeria by Nobody: 1:21pm On Oct 22, 2020
Honestly everything in Nigeria is not really working what about us the disabled and have no any sort of income that depend on people how we going to survive god please help us
Re: Cost Of Living In Nigeria by harbarzzy(m): 1:21pm On Oct 22, 2020
Op consider the purchasing power too

1 Like

Re: Cost Of Living In Nigeria by ebosed: 1:21pm On Oct 22, 2020
Casper21:
Look at 50kg rice that was 8k before now 36k. Op you should have done food Price comparison from 2000- 2020

Lol. The thing tire me o. Since l was born, the price of commodity have always been on the increase. E no dey go down, from Shagari to PMB.
Re: Cost Of Living In Nigeria by sharone21(f): 1:22pm On Oct 22, 2020
Not entirely true
Re: Cost Of Living In Nigeria by bishopjoe02(m): 1:22pm On Oct 22, 2020
You need to factor in rate per hour for jobs or minimum wage for both country
Re: Cost Of Living In Nigeria by Benblaq(m): 1:22pm On Oct 22, 2020
When a bag of rice was N21,000 I thought Nigeria was at the point of death, but see now.. 40k! It might get to 50k if things continue this way. Buhari, God will continue to bless you as you've done well for us.
Re: Cost Of Living In Nigeria by howfarseun(m): 1:22pm On Oct 22, 2020
Ok
Re: Cost Of Living In Nigeria by arsenal444(m): 1:22pm On Oct 22, 2020
We must survive
Re: Cost Of Living In Nigeria by Patrinus: 1:23pm On Oct 22, 2020
Enough is enough people are dying.

#Endprotestnow
Re: Cost Of Living In Nigeria by Emmatech1996: 1:23pm On Oct 22, 2020
Truth be told...it's better to be a Gabonese than being a Nigerian

1 Like

Re: Cost Of Living In Nigeria by 80kobo(m): 1:23pm On Oct 22, 2020
Net income is 70k.

Whats net income where we are comparing with
Re: Cost Of Living In Nigeria by spy24(m): 1:23pm On Oct 22, 2020
Nigeria hard pass steel now

Buhari is on the beat
Re: Cost Of Living In Nigeria by Lainzo9710(m): 1:24pm On Oct 22, 2020
Jayson504:
Everything is now expensive

so ist das leben... 2 yrs ago everything was now expensive... 5 yrs ago everything was now expensive... and so on...
Re: Cost Of Living In Nigeria by Enigma001: 1:24pm On Oct 22, 2020
Guys please help. I and my family have not had anything to eat since yesterday. We work for our daily survival. Prices of food items are crazy right now.

I've been quite unemployed for a while and I'm down spending my savings.

Please do not let us die of hunger.
Re: Cost Of Living In Nigeria by CHIDINMALOVE: 1:24pm On Oct 22, 2020

https://www.youtube.com/watch?v=i-3GkQSoTSE



It is no longer news that angry #EndSARS protesters invaded the Oba of Lagos Palace yesterday. However, a new footage shows the action taking place inside the Palace as we see the hoodlums vandalising his gold plated throne while some others were seen taking a swim inside the swimming pool in the Palace
Re: Cost Of Living In Nigeria by wristbangle: 1:25pm On Oct 22, 2020
You're not serious OP. Do you want to compare their per capitak income, GDP to Nigeria?
Re: Cost Of Living In Nigeria by PussyOdour(m): 1:25pm On Oct 22, 2020
God punish Buhari punish those lots that voted for him
Re: Cost Of Living In Nigeria by BabaOneChance: 1:25pm On Oct 22, 2020
Nice one.

But the brainless zombies may still come here and blame Igbos for the rise in cost of living.
Re: Cost Of Living In Nigeria by aremuforlife(m): 1:26pm On Oct 22, 2020
[/quote][quote author=RenaissanceGuy post=95204752]Food prices have skyrocketed. Rice, the most consumed cereal in Nigeria, has increased from N9K to N30+ between 2015 and 2020.

This was another reason for the anger demonstrated during the protests. Buhari must reopen our borders.
Nigeria is blessed with variety of dishes, you can decide to do away with rice or take it once in a while.
Re: Cost Of Living In Nigeria by teacherbim(f): 1:26pm On Oct 22, 2020
How have I been coping? embarassed
Re: Cost Of Living In Nigeria by Harrykn: 1:26pm On Oct 22, 2020
leaving in Nigeria is very cheap that at times you don't pay rent. you just feel you own everything, damn.
Re: Cost Of Living In Nigeria by Akaegwu(m): 1:27pm On Oct 22, 2020
Ikoyi prison is being attacked. From a reliable source
. Please help confirm if you are around the area.
Re: Cost Of Living In Nigeria by Nobody: 1:27pm On Oct 22, 2020
Awesome work OP. Quite exhaustive but that your rent cannot work in Abuja, it’s kinda higher than your estimate.
Re: Cost Of Living In Nigeria by Hotzone(m): 1:28pm On Oct 22, 2020
Imagine 1 bag of rice is almost equivalent to Nigeria police constable salary
Re: Cost Of Living In Nigeria by valentineuwakwe(m): 1:28pm On Oct 22, 2020
the report no correct......gasoline 1 litre or 1kg is N304 bag of 50kg rice is now N38k

Abeg try enter market

1 Like

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