Re: Cost Of Living In Nigeria Is Cheaper Than UK Or US by Localemperor: 7:45am On Dec 03, 2023 |
psalmsjob:
You guys focus on the money earned but not on what the money earned can purchase....the purchasing power of the money. See another analysis for you to stop Lmao
If our bobo londoner works for the standard 8 hours per day and earning £10 per hour and he works for 5 days a week; he would have earned = £10 x 8 hours = £80/ day x 5 days/week = £400/week x 4 weeks = £1,600 per month. With this earning bobo londoner is taking nothing home at month end and cannot afford to buy that kind of £10 food every day if he does he might be in debt see why:
Now for bobo pays average of £1,480 for house rent monthly and pays average of £140 for transportation to work. That's £1,480 + £140 = £1,600 per month ONLY. If bobo londoner tries to buy his £10 food everyday as man must wak that's £10 x 30 days = £300 per month.
Therefore, bobo londoner must werk on Saturdays to survive that's £80 x 6 days × 4 weeks = £1,920 - £1,480 - £140 - £300 = £0.00 per month
So Bobo Londoner must werk on Sundays to have £80 at every month end
Workers in Nigeria do not work on Saturdays and Sundays before you start your comparison again How do people like you reason? Do you know what a minimum wage is? It means it the least a person would earn in the UK which also means people can also earn higher... Now an average house rent in London is above £1000 per month. In reality a person that earn a minimum wage is too poor to live in a house of above £1000per month, so he stays in a house of £300 per month or even lesser in a shared apartment. Only those that earn around £100 or above per hour will be able to afford a house of £1000per month. From your assumption, someone that earn #30,000 minimum wage in Nigeria can avoid an average rent of 400,000 in Nigeria. It's makes me to wonder if you also benefited from free education. And no body eat a food worth £10 in a day. 16 Likes 1 Share |
Re: Cost Of Living In Nigeria Is Cheaper Than UK Or US by naijaboy756: 7:52am On Dec 03, 2023 |
OP
You papa fit Dey regret say he train you for school ooo Wasted monies 18 Likes |
Re: Cost Of Living In Nigeria Is Cheaper Than UK Or US by DaddyJapan(m): 8:04am On Dec 03, 2023 |
psalmsjob: I'm posting this as a response to the topic that made Nairaland front page yesterday; "See What Someone Bought With An Hour Minimum Wage In The UK £10", the link: https://www.nairaland.com/7929193/see-what-someone-bought-hour/8#127286855
UK & US ARE OVER-RATED NIGERIA IS STILL BETTER in terms of cost of living see a practical example why doing a price comparison: 1 pound to 1 naira today is N1,001 so are you saying with £10 x N1,001 = N10,001 you cannot buy everything in that basket and collect change in Nigeria today?
1 Sliced Bread = N800 2 Spaghetti = N1400 1 Gesha = N600 1 live chicken = N3,000 1 75cl soya Oil = N1,400 1 Midium size Butter = N600 2 Gino Tomato paste = N1,000
Total = N8,800 so your change is N1,200 that's if you exchange pound to naira at offical rate and buying at the most expensive stores or high brands. If you exchange at black market rate and buy at public market "days" you will collect as much as N6,000 after buying everything in that basket....that's about £6 left.
LET'S JUST THANK GOD FOR WHAT WE HAVE AND STOP LOOKING AT AND GLORIFYING ANOTHER MAN'S LAND MORE THAN OUR OWN....OUR OWN NA OUR OWN O Thanks for your illuminating post. Many potential Japarists do not understand the that in-work poverty (or the 'working poor') also exist in the UK. According to the Department for Work and Pensions’ (DWP) Households Below Average Income survey, in 2021/22, 4.7 million people (7%) in the UK were in food insecure households. Among the 11.0 million people found to be in relative poverty, 15% were in food insecure households, including 21% of children. People in relative poverty live in a household with income less than 60% of the contemporary median income. Source: https://commonslibrary.parliament.uk/research-briefings/cbp-9209 2 Likes |
Re: Cost Of Living In Nigeria Is Cheaper Than UK Or US by GreenWorld: 8:09am On Dec 03, 2023 |
psalmsjob: I'm posting this as a response to the topic that made Nairaland front page yesterday; "See What Someone Bought With An Hour Minimum Wage In The UK £10", the link: https://www.nairaland.com/7929193/see-what-someone-bought-hour/8#127286855
UK & US ARE OVER-RATED NIGERIA IS STILL BETTER in terms of cost of living see a practical example why doing a price comparison: 1 pound to 1 naira today is N1,001 so are you saying with £10 x N1,001 = N10,001 you cannot buy everything in that basket and collect change in Nigeria today?
1 Sliced Bread = N800 2 Spaghetti = N1400 1 Gesha = N600 1 live chicken = N3,000 1 75cl soya Oil = N1,400 1 Midium size Butter = N600 2 Gino Tomato paste = N1,000
Total = N8,800 so your change is N1,200 that's if you exchange pound to naira at offical rate and buying at the most expensive stores or high brands. If you exchange at black market rate and buy at public market "days" you will collect as much as N6,000 after buying everything in that basket....that's about £6 left.
LET'S JUST THANK GOD FOR WHAT WE HAVE AND STOP LOOKING AT AND GLORIFYING ANOTHER MAN'S LAND MORE THAN OUR OWN....OUR OWN NA OUR OWN O The real message is not really cost of living, but what an hour wage can buy. Can average Nigeria hourly daily wage buy those things in the basket? 4 Likes |
Re: Cost Of Living In Nigeria Is Cheaper Than UK Or US by id4sho(m): 8:10am On Dec 03, 2023 |
psalmsjob: I'm posting this as a response to the topic that made Nairaland front page yesterday; "See What Someone Bought With An Hour Minimum Wage In The UK £10", the link: https://www.nairaland.com/7929193/see-what-someone-bought-hour/8#127286855
UK & US ARE OVER-RATED NIGERIA IS STILL BETTER in terms of cost of living see a practical example why doing a price comparison: 1 pound to 1 naira today is N1,001 so are you saying with £10 x N1,001 = N10,001 you cannot buy everything in that basket and collect change in Nigeria today?
1 Sliced Bread = N800 2 Spaghetti = N1400 1 Gesha = N600 1 live chicken = N3,000 1 75cl soya Oil = N1,400 1 Midium size Butter = N600 2 Gino Tomato paste = N1,000
Total = N8,800 so your change is N1,200 that's if you exchange pound to naira at offical rate and buying at the most expensive stores or high brands. If you exchange at black market rate and buy at public market "days" you will collect as much as N6,000 after buying everything in that basket....that's about £6 left.
LET'S JUST THANK GOD FOR WHAT WE HAVE AND STOP LOOKING AT AND GLORIFYING ANOTHER MAN'S LAND MORE THAN OUR OWN....OUR OWN NA OUR OWN O Stop playing. That's an hour pay and you can't get that chicken for that price here. A kg of beef is now 3.5k as at yesterday in the north. That 8-10 laps will cost you 5K here 4 Likes |
Re: Cost Of Living In Nigeria Is Cheaper Than UK Or US by DaddyJapan(m): 8:13am On Dec 03, 2023 |
Localemperor: How do people like you reason? Do you know what a minimum wage is? It means it the least a person would earn in the UK which also means people can also earn higher...
Now an average house rent in London is above £1000 per month. In reality a person that earn a minimum wage is too poor to live in a house of above £1000per month, so he stays in a house of £300 per month or even lesser in a shared apartment. Only those that earn around £100 or above per hour will be able to afford a house of £1000per month.
From your assumption, someone that earn #30,000 minimum wage in Nigeria can avoid an average rent of 400,000 in Nigeria. It's makes me to wonder if you also benefited from free education.
And no body eat a food worth £10 in a day.
The figures you presented do not reflect reality. The average annual cost of rent in London is currently £26,316, which is by far the most expensive rate in the UK and almost £3,000 per year on monthly expenses. The average rental prices in London have increased by 14.3 percent compared to last year’s rental market data alone. Source: https://www.rentlondonflat.com/average-rent-in-london/The average cost of renting a room in the UK has risen to more than £700 a month for the first time, according to data from the property website SpareRoom.
Experts said the data was proof the housing market “isn’t working for anyone”, and that rising rents meant tenants were stuck in unsuitable homes.
The data from one of the UK’s largest home-sharing websites shows that in the second quarter of this year the average monthly cost of a room was £704 – 17% higher than in the same period of 2022.
The largest regional increases were in Northern Ireland – up by 20% year-on-year – closely followed by London and Scotland, both up by 19%.
SpareRoom’s data showed rents had increased year on year in all the UK’s 50 largest cities and towns, with the biggest rises in Edinburgh (up 25%), Middlesbrough (21%) and Manchester (20%).
In London, room rents reached an average of £971 a month. Source: https://www.theguardian.com/money/2023/jul/12/renting-a-room-in-uk-now-tops-700-a-month-on-average 1 Like |
Re: Cost Of Living In Nigeria Is Cheaper Than UK Or US by dabonny(m): 8:15am On Dec 03, 2023 |
psalmsjob: I'm posting this as a response to the topic that made Nairaland front page yesterday; "See What Someone Bought With An Hour Minimum Wage In The UK £10", the link: https://www.nairaland.com/7929193/see-what-someone-bought-hour/8#127286855
UK & US ARE OVER-RATED NIGERIA IS STILL BETTER in terms of cost of living see a practical example why doing a price comparison: 1 pound to 1 naira today is N1,001 so are you saying with £10 x N1,001 = N10,001 you cannot buy everything in that basket and collect change in Nigeria today?
1 Sliced Bread = N800 2 Spaghetti = N1400 1 Gesha = N600 1 live chicken = N3,000 1 75cl soya Oil = N1,400 1 Midium size Butter = N600 2 Gino Tomato paste = N1,000
Total = N8,800 so your change is N1,200 that's if you exchange pound to naira at offical rate and buying at the most expensive stores or high brands. If you exchange at black market rate and buy at public market "days" you will collect as much as N6,000 after buying everything in that basket....that's about £6 left.
LET'S JUST THANK GOD FOR WHAT WE HAVE AND STOP LOOKING AT AND GLORIFYING ANOTHER MAN'S LAND MORE THAN OUR OWN....OUR OWN NA OUR OWN O @Op! Plz, before you make any post next time, try and be sincere with yourself and consider others in your thoughts, don't give any room for sentiment so as to have a clear and balance premise for your thought The comparison about Nigeria and the UK you are making here is not even matching in anyway. If you know the kind of hatred and anger this your post has gathered in my heart, you will flee from me, peradaventure we are privileged to see in person. Just leave things the way it is, and stop arguing this point further, cuz the undertone of this post is as stinking as saying a child is the age mate of his father 17 Likes 2 Shares |
Re: Cost Of Living In Nigeria Is Cheaper Than UK Or US by Otunbakayce: 8:17am On Dec 03, 2023 |
Difrent: Even though Migration is as old as humanity Nigerians are making it look like the next Gold rush. In the past 2 years UK has made over 50billion pounds from Nigerians alone to shore up it's ailing economy and to keep the economy running they make sure they are stuck in jobs their own citizens refused to do while paying heavy taxes at the end of the day....Nigeria and Nigerian economy loses
Those I'm mad at are those doctors that got subsidized medical education and ran to UK to practice....why didn't you go to study medicine in UK?....just game our system. If you want to practice in UK.....study medicine in the UK too.....abi does it make sense to want to be treating whites but use blacks to train Ungrateful lot You can go and study medicine na, or don't you have brain? Mumu. 10 Likes 1 Share |
Re: Cost Of Living In Nigeria Is Cheaper Than UK Or US by Tallesty1(m): 8:19am On Dec 03, 2023 |
psalmsjob: I'm posting this as a response to the topic that made Nairaland front page yesterday; "See What Someone Bought With An Hour Minimum Wage In The UK £10", the link: https://www.nairaland.com/7929193/see-what-someone-bought-hour/8#127286855
UK & US ARE OVER-RATED NIGERIA IS STILL BETTER in terms of cost of living see a practical example why doing a price comparison: 1 pound to 1 naira today is N1,001 so are you saying with £10 x N1,001 = N10,001 you cannot buy everything in that basket and collect change in Nigeria today?
1 Sliced Bread = N800 2 Spaghetti = N1400 1 Gesha = N600 1 live chicken = N3,000 1 75cl soya Oil = N1,400 1 Midium size Butter = N600 2 Gino Tomato paste = N1,000
Total = N8,800 so your change is N1,200 that's if you exchange pound to naira at offical rate and buying at the most expensive stores or high brands. If you exchange at black market rate and buy at public market "days" you will collect as much as N6,000 after buying everything in that basket....that's about £6 left.
LET'S JUST THANK GOD FOR WHAT WE HAVE AND STOP LOOKING AT AND GLORIFYING ANOTHER MAN'S LAND MORE THAN OUR OWN....OUR OWN NA OUR OWN O You are lying to deceive yourself not me. Life chicken 3k? The price of broilers is 10k - 15k. You cant get adult local fowl for 3k now. 14 Likes |
Re: Cost Of Living In Nigeria Is Cheaper Than UK Or US by Localemperor: 8:24am On Dec 03, 2023 |
11 Likes |
Re: Cost Of Living In Nigeria Is Cheaper Than UK Or US by kaludestiny10(m): 8:25am On Dec 03, 2023 |
The op did not mention all the items in that basket. He left out apples. joyandfaith:
Ask yourself what is hour wage in Nigeria? Do the maths. 8 Likes |
Re: Cost Of Living In Nigeria Is Cheaper Than UK Or US by DaddyJapan(m): 8:29am On Dec 03, 2023 |
Localemperor: Can a person in Nigeria that earns #30,000 afford a house rent of #500,000? If No, why do you feel a person that earns £10 per hour should pay above £1000 for rent. You are missing the point. Without some kind of government subsidy (through Universal credit), which Japarists are not able to avail of, £10/hr won't get you a room anywhere in London. 2 Likes |
Re: Cost Of Living In Nigeria Is Cheaper Than UK Or US by bdon123(m): 8:33am On Dec 03, 2023 |
So wat?ur point exactly |
Re: Cost Of Living In Nigeria Is Cheaper Than UK Or US by Blitzking: 8:33am On Dec 03, 2023 |
How many percent of your monthly income is spent on food for most nigerians it ranges from 45 to 90 percent of your Income. A PROF once said if u spend more that 45 percent of your monthly income on food per month the person is poor. 2 Likes |
Re: Cost Of Living In Nigeria Is Cheaper Than UK Or US by bdon123(m): 8:34am On Dec 03, 2023 |
psalmsjob: I'm posting this as a response to the topic that made Nairaland front page yesterday; "See What Someone Bought With An Hour Minimum Wage In The UK £10", the link: https://www.nairaland.com/7929193/see-what-someone-bought-hour/8#127286855
UK & US ARE OVER-RATED NIGERIA IS STILL BETTER in terms of cost of living see a practical example why doing a price comparison: 1 pound to 1 naira today is N1,001 so are you saying with £10 x N1,001 = N10,001 you cannot buy everything in that basket and collect change in Nigeria today?
1 Sliced Bread = N800 2 Spaghetti = N1400 1 Gesha = N600 1 live chicken = N3,000 1 75cl soya Oil = N1,400 1 Midium size Butter = N600 2 Gino Tomato paste = N1,000
Total = N8,800 so your change is N1,200 that's if you exchange pound to naira at offical rate and buying at the most expensive stores or high brands. If you exchange at black market rate and buy at public market "days" you will collect as much as N6,000 after buying everything in that basket....that's about £6 left.
LET'S JUST THANK GOD FOR WHAT WE HAVE AND STOP LOOKING AT AND GLORIFYING ANOTHER MAN'S LAND MORE THAN OUR OWN....OUR OWN NA OUR OWN O U sound uneducated.u are definitely an illiterate. 12 Likes 1 Share |
Re: Cost Of Living In Nigeria Is Cheaper Than UK Or US by ExudeLoveToAll: 8:43am On Dec 03, 2023 |
MEEVEET:
Lmao
It cost you 1 hour to earn that money in the UK... Ok minimum wage ooh
In Nigeria it would take you just over a week to earn that on minimum wage
So please do you calculations again ,he did put down numbers before comparing. |
Re: Cost Of Living In Nigeria Is Cheaper Than UK Or US by MICHEALADEX(m): 8:47am On Dec 03, 2023 |
LikeAking: Point of correction, the quality of the products here and there are not the same..
Life is cheaper in Yanke than Naija, @ OP..
U must not argue everything…
I don’t think you have a car at your age in Nigeria, but it’s a norm in Yankee..
We’re will Nigerians earn one hour wage of 12k..
Secondly, I don’t think you eat or even buy food stuffs, or give ur gf money to go to the market..
What’s inside that basket is more than 6500.
What quality are you talking about... with GMO everywhere 1 Like |
Re: Cost Of Living In Nigeria Is Cheaper Than UK Or US by Otunbakayce: 9:01am On Dec 03, 2023 |
psalmsjob: I'm posting this as a response to the topic that made Nairaland front page yesterday; "See What Someone Bought With An Hour Minimum Wage In The UK £10", the link: https://www.nairaland.com/7929193/see-what-someone-bought-hour/8#127286855
UK & US ARE OVER-RATED NIGERIA IS STILL BETTER in terms of cost of living see a practical example why doing a price comparison: 1 pound to 1 naira today is N1,001 so are you saying with £10 x N1,001 = N10,001 you cannot buy everything in that basket and collect change in Nigeria today?
1 Sliced Bread = N800 2 Spaghetti = N1400 1 Gesha = N600 1 live chicken = N3,000 1 75cl soya Oil = N1,400 1 Midium size Butter = N600 2 Gino Tomato paste = N1,000
Total = N8,800 so your change is N1,200 that's if you exchange pound to naira at offical rate and buying at the most expensive stores or high brands. If you exchange at black market rate and buy at public market "days" you will collect as much as N6,000 after buying everything in that basket....that's about £6 left.
LET'S JUST THANK GOD FOR WHAT WE HAVE AND STOP LOOKING AT AND GLORIFYING ANOTHER MAN'S LAND MORE THAN OUR OWN....OUR OWN NA OUR OWN O Just take a look at how stupid someone can be,waking up to post rubbish. Onikure! 10 Likes |
Re: Cost Of Living In Nigeria Is Cheaper Than UK Or US by KillahPriest: 9:06am On Dec 03, 2023 |
You're mad 2 Likes 1 Share |
Re: Cost Of Living In Nigeria Is Cheaper Than UK Or US by Difrent: 9:06am On Dec 03, 2023 |
joyandfaith:
Doctors are earning more than senators in US. Can u say the same about Nigeria? Nigerian doctors are under- valued. You guys insulted doctors when APC ministers - Adewole and Ngige said we had excess doctors in Nigeria.
Other graduates enjoyed the same reduced fees as medical graduates. No discrimination. Y'all should stop complaining about polithiefcians. Doctor are not politicians and vice versa they have different callings Why are doctors paid double or triple what other civil servants earn? It's because they are special and offer special services and government subsidies their education so as to make their special services available to Nigerians NOT BRITONS 1 Like |
Re: Cost Of Living In Nigeria Is Cheaper Than UK Or US by Difrent: 9:07am On Dec 03, 2023 |
Otunbakayce: You can go and study medicine na, or don't you have brain? Mumu. Wetin stop you from going to study medicine Stoopid phool. As if everyone will be a doctor. 4 Likes |
Re: Cost Of Living In Nigeria Is Cheaper Than UK Or US by Difrent: 9:10am On Dec 03, 2023 |
Mindlog:
In those 2 years, how much have Nigerians living in the UK remitted back to Nigeria and would still remit for more years to come?
You should be "madder" at Nigerian politicians who also got subsidized education at different levels, they steal public funds and run to the UK anc other Western countries to enjoy world class healthcare services and most times offered by Nigerian healthcare practitioners they frustrated ouf of Nigeria!
I support any healthcare professional who wants to japa, anybody whey no like am make im vex go write JAMB and study the related courses to show us how patriotic he or she is.
Reason am well Them just dey game the system I'm not anti migration But allow those willing to stay and treat Nigerians to enjoy the benefits of subsidized medical education afterall it's whites you want to be treating why is it so hard to go and study how the treat them in their country. Fraud of the century those japa doctors are 2 Likes |
Re: Cost Of Living In Nigeria Is Cheaper Than UK Or US by joyandfaith: 9:11am On Dec 03, 2023 |
Difrent:
Y'all should stop complaining about polithiefcians. Doctor are not politicians and vice versa they have different callings Why are doctors paid double or triple what other civil servants earn? It's because they are special and offer special services and government subsidies their education so as to make their special services available to Nigerians NOT BRITONS Are Nigerian politicians more special than US politicians who are earning less than average doctors? If politicians want doctors to stay in the country, they should value them properly. Ask yourself why are Nigerians relocating abroad? Don't isolate doctors. It would not work. 6 Likes |
Re: Cost Of Living In Nigeria Is Cheaper Than UK Or US by joyandfaith: 9:11am On Dec 03, 2023 |
kaludestiny10: The op did not mention all the items in that basket. He left out apples. Oh! Just notice now. He's been clever by half. 2 Likes |
Re: Cost Of Living In Nigeria Is Cheaper Than UK Or US by Localemperor: 9:13am On Dec 03, 2023 |
DaddyJapan:
You are missing the point. Without some kind of government subsidy (through Universal credit), which Japarists are not able to avail of, £10/hr won't get you a room anywhere in London.
There is a reason why people use shared apartment... No matter how you look at it, life is better in the UK when compared to Nigeria. 2 Likes |
Re: Cost Of Living In Nigeria Is Cheaper Than UK Or US by thelegend1(m): 9:29am On Dec 03, 2023 |
You people are forgetting the tax that comes with that income, as well as VAT on the items purchased. In reality, that £10 is worth 6£ 1 Like |
Re: Cost Of Living In Nigeria Is Cheaper Than UK Or US by Bulletproofgt: 10:03am On Dec 03, 2023 |
I am sure this poster is an Apc idiot. 10 pounds which is 1 hour of work will buy you food that will last you a month. Am sure u posted this to give credence to your master poverty as a weapon scheme. Idiots 11 Likes |
Re: Cost Of Living In Nigeria Is Cheaper Than UK Or US by Mindlog: 10:47am On Dec 03, 2023 |
4 Likes |
Re: Cost Of Living In Nigeria Is Cheaper Than UK Or US by LikeAking: 10:55am On Dec 03, 2023 |
MICHEALADEX:
What quality are you talking about... with GMO everywhere The quality is not the same.. Our own is even worse than GMO.. Our own processed food are filled with chemicals.. Our tomato paste for example is filled with food coloring and tickner, sugar, etc… They won’t allow such nonsense in their place.. Spag pass spag, abi u know no.. The spag in that pics, look like child’s spag? Even Noodles made in Nigeria pass Noodles made in Nigeria.. They have higher quality over there.. U must not argue everything.. 6 Likes |
Re: Cost Of Living In Nigeria Is Cheaper Than UK Or US by Mindlog: 10:57am On Dec 03, 2023 |
thelegend1: You people are forgetting the tax that comes with that income, as well as VAT on the items purchased. In reality, that £10 is worth 6£ If you are earning £10 per hour and working 40 hrs in a week, in 4 weeks it will be £1,600UK govt will not tax the first £1,047.50 because that is your tax-free allowance and would only tax the balance of £552.50. For that £552.50 the income tax will be £110.35 while the National Insurance will be £66.3, it then means the total tax to pay is £176.65The estimated take-home pay for the month will be £1,423.35 12 Likes 1 Share |
Re: Cost Of Living In Nigeria Is Cheaper Than UK Or US by LikeAking: 11:00am On Dec 03, 2023 |
thelegend1: You people are forgetting the tax that comes with that income, as well as VAT on the items purchased. In reality, that £10 is worth 6£ It’s beta to earn big and spend big.. Their govt do wonders for their citizens and migrants with those task.. Task is like an investment, it pay up big time.. That what most of you don’t understand.. 4 Likes |
Re: Cost Of Living In Nigeria Is Cheaper Than UK Or US by duduade: 11:00am On Dec 03, 2023 |
Difrent: Even though Migration is as old as humanity Nigerians are making it look like the next Gold rush. In the past 2 years UK has made over 50billion pounds from Nigerians alone to shore up it's ailing economy and to keep the economy running they make sure they are stuck in jobs their own citizens refused to do while paying heavy taxes at the end of the day....Nigeria and Nigerian economy loses
Those I'm mad at are those doctors that got subsidized medical education and ran to UK to practice....why didn't you go to study medicine in UK?....just game our system. If you want to practice in UK.....study medicine in the UK too.....abi does it make sense to want to be treating whites but use blacks to train Ungrateful lot Especially your last two paragraphs Thank you... 1 Like |