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Nairaland Forum / Nairaland / General / Jobs/Vacancies / How Much Salary Is Enough For Good Living In Nigeria (40628 Views)
How Much Salary Is Enough For Good Living In Nigeria; this Year 2023? / How Much Salary Increase Is Good Enough To Relocate To Another State In Nigeria? / How Much Salary Is Enough Salary In This Economy (2) (3) (4)
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Re: How Much Salary Is Enough For Good Living In Nigeria by Nobody: 5:29pm On Jul 18, 2021 |
For me, it's 300k starting. Naira is not doing well at all. 1 Like |
Re: How Much Salary Is Enough For Good Living In Nigeria by Sirmuel1(m): 5:29pm On Jul 18, 2021 |
13 Likes |
Re: How Much Salary Is Enough For Good Living In Nigeria by YouandiAllofus: 5:29pm On Jul 18, 2021 |
Y 2 Likes |
Re: How Much Salary Is Enough For Good Living In Nigeria by Rich4god(m): 5:30pm On Jul 18, 2021 |
safesurfer: 150k... Are you planning on living around Ajegunle ghetto in Lagos. As a single man in Lagos, to be on 150k is not too good, cos you might not save anything reasonable. Except you want to be extremely managing. 4 Likes |
Re: How Much Salary Is Enough For Good Living In Nigeria by ugofulfilled(m): 5:31pm On Jul 18, 2021 |
No amount is good enough 1 Like 1 Share |
Re: How Much Salary Is Enough For Good Living In Nigeria by KILLTHECOWS(f): 5:32pm On Jul 18, 2021 |
Doggedseller:blame the one in Aso rock. 1 Like 1 Share |
Re: How Much Salary Is Enough For Good Living In Nigeria by Munzy14(m): 5:33pm On Jul 18, 2021 |
donlet:I don't think their is a yardstick for this...It simply boils down to one's mindset...Your mindset determines your life setting...As it covers your goals, dreams and aspirations. 5 Likes |
Re: How Much Salary Is Enough For Good Living In Nigeria by uuzba(m): 5:34pm On Jul 18, 2021 |
grossintel:My dad bought a brand new Peugeot 504 in 1977 for N5,000. (Five thousand Naira). I don't know what he earned then. But lets say he managed to save small-small till he bought it and paid complete, once. So let's say he earned N800 (eight hundred) per month. So he lived well on N800 per month in 1977. And in 2021, the correct standard car to buy will be Brand new Toyota Corolla (since Peugeot 504 is no longer in production) And you are saying N300,000 per month in 2021. Draw the graph and join the line. The N300,000 would be useless by December 2021. 5 Likes 1 Share |
Re: How Much Salary Is Enough For Good Living In Nigeria by stupidmod3: 5:35pm On Jul 18, 2021 |
with 40k u can survive. if u married n ur partner is working, yes if u married n ur partner isnt working, no. single yes u like flexing alot, then no. u dey show off? then no u stingy? fuk yh ur rent nah less than 300k then yh with d options of d above ........................................ HELLO, ARE YOU INTO MUSIC? CHECK MY SIGNATURE 3 Likes |
Re: How Much Salary Is Enough For Good Living In Nigeria by Nobody: 5:37pm On Jul 18, 2021 |
Rich4god:lol. You're probably right though. I'm still living in my father's house and don't pay rent, so maybe I'm speaking from that perspective. 2 Likes |
Re: How Much Salary Is Enough For Good Living In Nigeria by sinkhole: 5:37pm On Jul 18, 2021 |
donlet:Just as some thinking people have been saying, no amount is actually enough, but I earned 200k a month, I am married and my wife is not working. I recently saved up and bought a car of around 2.3m naira, I have a plot of land with moderate building on it. I think I am not doing bad at all 29 Likes |
Re: How Much Salary Is Enough For Good Living In Nigeria by Nobody: 5:38pm On Jul 18, 2021 |
Sirmuel1:True. I just wonder how they manage. |
Re: How Much Salary Is Enough For Good Living In Nigeria by NaijaCoverBlog(m): 5:38pm On Jul 18, 2021 |
3.5million naira every month 2 Likes |
Re: How Much Salary Is Enough For Good Living In Nigeria by MalaikaEH(f): 5:39pm On Jul 18, 2021 |
Inflation rate is 17% according to Nigerian Bureau of Statistics. Nigerian leaders are trying their best to increase the rate. So, any amount that is good for good living in Nigeria today will not be anything to write home about in the next six months. Even human beings are losing value everyday in Nigeria, not to talk of goods. 8 Likes 2 Shares |
Re: How Much Salary Is Enough For Good Living In Nigeria by uuzba(m): 5:39pm On Jul 18, 2021 |
stupidmod3:I think in these years, all of us are poor. Because we can't afford what our parents could in the past. And they earned their own without stress. Not all this our up and down hustling 24/7 2 Likes |
Re: How Much Salary Is Enough For Good Living In Nigeria by Moneyboyz: 5:40pm On Jul 18, 2021 |
You all here shouting 200 300 dropping all manners of figures, what should married men and women earning 20 to 40k a month do. Some even less a month. People are suffering in this country. 14 Likes |
Re: How Much Salary Is Enough For Good Living In Nigeria by kissdabride: 5:41pm On Jul 18, 2021 |
donlet:With good robust economy things will be alright not necessarily bogus salary 1 Like |
Re: How Much Salary Is Enough For Good Living In Nigeria by kriss27(m): 5:41pm On Jul 18, 2021 |
Rich4god:Lol, How do you people look at Ajegunle? How is expensive here o 2 Likes |
Re: How Much Salary Is Enough For Good Living In Nigeria by Yankee101: 5:41pm On Jul 18, 2021 |
A single person on 200k can survive 50k for each additional household member 3 Likes |
Re: How Much Salary Is Enough For Good Living In Nigeria by OmovuduTheBeast(f): 5:42pm On Jul 18, 2021 |
Useless country Stupid government 4 Likes |
Re: How Much Salary Is Enough For Good Living In Nigeria by Obakashdee(m): 5:43pm On Jul 18, 2021 |
bouncin04: Wow this is serious Abeg which job is paying guys 250k a month I wan know oo Joblessness wan finish me 4 Likes |
Re: How Much Salary Is Enough For Good Living In Nigeria by stupidmod3: 5:47pm On Jul 18, 2021 |
uuzba: as in things became fuking hard when ur best president bubu took over. 1 Like |
Re: How Much Salary Is Enough For Good Living In Nigeria by jericco1(m): 5:47pm On Jul 18, 2021 |
It depends on your location and standard of living. 120k and above if you know what you are doing 1 Like |
Re: How Much Salary Is Enough For Good Living In Nigeria by AmazingELixir: 5:48pm On Jul 18, 2021 |
Anybody earning less than N400k in those three cities you mentioned is nothing but merely existing 7 Likes |
Re: How Much Salary Is Enough For Good Living In Nigeria by sisisioge: 5:50pm On Jul 18, 2021 |
It depends on the part of the country you're in, whether or not you have collaborative income, the demographics of your dependants & their bills and your own bills. Let's start with 1m per month. 3 Likes |
Re: How Much Salary Is Enough For Good Living In Nigeria by Fostercat(m): 5:52pm On Jul 18, 2021 |
By the grace of God,I earn 700k monthly. After all statutory deduction, and a additional monthly float I get around 680k net monthly. I have a daughter and my wife is not working. I save 300k monthly. I live in a room and parlour mini flat here in lagos for 360k yearly,I can conviniently pay from my one month salary.i don't live large, but at atimes I still struggle with 380k monthly .house expenses, family give aways and all. I have a reasonable savings in a fix deposit and planning to start a business for my wife to grow our income. But I want to wait till after 2023 elections so that we see the situation. I thank God the giver of all good things.my life changed when I started attending MFM.I prayed until the change came by fire. I was once a security man and Uber driver in this lagos as a young graduate. Anything below earning 200k monthly in Lagos without side hustle will be a real struggle to live a quality life 45 Likes 2 Shares |
Re: How Much Salary Is Enough For Good Living In Nigeria by SeunOshewaWife(f): 5:53pm On Jul 18, 2021 |
sinkhole: I bet you don't live in Lagos. 7 Likes |
Re: How Much Salary Is Enough For Good Living In Nigeria by clothingonline(m): 5:56pm On Jul 18, 2021 |
1 thousand dollars minimum Naira fluctuate 1 Like |
Re: How Much Salary Is Enough For Good Living In Nigeria by Nobody: 5:56pm On Jul 18, 2021 |
uuzba:My brother, how many people earn the 300k self. Even if I say 1m and above its still not enough. We are all managing. 3 Likes |
Re: How Much Salary Is Enough For Good Living In Nigeria by Afonjashapmouth: 5:57pm On Jul 18, 2021 |
This can only be judged by 2 factors. Your salary and lifestyle... cos no amount is too much in Nigeria as a salary if you have poor financial habit 4 Likes 1 Share |
Re: How Much Salary Is Enough For Good Living In Nigeria by SKhanmi: 5:57pm On Jul 18, 2021 |
Depends on several factors: First, what do you personally determine as good living? Followed by the state you're domiciled, marriage status, and your spending habits & financial IQ. Most folks travails comes from the last two. Very important. 1 Like |
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