Is 100k A Good Salary In Abuja? - Career - Nairaland
Nairaland Forum › Nairaland General › Career › Is 100k A Good Salary In Abuja? (1477 Views)
| Is 100k A Good Salary In Abuja? by Hormorlarah(op): 8:59pm On Dec 18, 2024 |
Hello everyone, please I need advice on a decision I need to make. I'm a fresh grad and I got an IT internship role in Abuja. I'm currently in Niger State but no jobs here at all. I've tried out a few businesses and all failed. The internship comes with a monthly salary of 100k, and I must be around Lugbe, so I need to rent a single room...My question is, considering the current cost of living in Abuja, will 100k be enough at all? Also, I will be going for NYSC in the next 2-3 months, which means my allawee will be an addition. I'm currently a cloud/software engineering student. My plan is to be able to work remotely one day, but I need something to sustain me for now. I need realistic advice. Thanks NB: I know my standard of living is a factor here. I don't party or follow trends. I'm not materialistic. I wear what I have, I eat protein when I see and I only make friends of knowledge. |
| Re: Is 100k A Good Salary In Abuja? by illicit(m): 9:02pm On Dec 18, 2024 |
What if NYSC post u out of ABUJA |
| Re: Is 100k A Good Salary In Abuja? by nicho450(m): 9:03pm On Dec 18, 2024 |
It is good for a start apart from NYSC factor |
| Re: Is 100k A Good Salary In Abuja? by Hormorlarah(op): 9:04pm On Dec 18, 2024 |
illicit:I will be serving in Abuja 100%. |
| Re: Is 100k A Good Salary In Abuja? by illicit(m): 9:05pm On Dec 18, 2024 |
Hormorlarah:How are you sure your PPA will allow you do another job? |
| Re: Is 100k A Good Salary In Abuja? by Hormorlarah(op): 9:06pm On Dec 18, 2024 |
illicit:will figure that out when the time comes. |
| Re: Is 100k A Good Salary In Abuja? by illicit(m): 9:07pm On Dec 18, 2024 |
Hormorlarah:Ok It's not bad then If not that Kubwa is far from Lugbe,I could have helped you with accomodation sha so u don't have to pay rent... |
| Re: Is 100k A Good Salary In Abuja? by HotPoundedYam(m): 9:09pm On Dec 18, 2024 |
Any salary is good when you live rent free |
| Re: Is 100k A Good Salary In Abuja? by Hormorlarah(op): 9:12pm On Dec 18, 2024 |
HotPoundedYam:I have to pay rent ![]() |
| Re: Is 100k A Good Salary In Abuja? by illicit(m): 9:18pm On Dec 18, 2024 |
Hormorlarah:Rent has gone up... |
| Re: Is 100k A Good Salary In Abuja? by Hormorlarah(op): 9:22pm On Dec 18, 2024 |
illicit:I know, that's why I need advice... |
| Re: Is 100k A Good Salary In Abuja? by illicit(m): 9:50pm On Dec 18, 2024 |
Hormorlarah:If you can have 400 to 500k you will have a comfortable place to stay... |
| Re: Is 100k A Good Salary In Abuja? by JASONjnr(m): 11:57pm On Dec 18, 2024 |
Hormorlarah:Dude, your 100k as a single guy will be enough but you need to do something for side hustle..... Reason is... You need savings and not just to survive. |
| Re: Is 100k A Good Salary In Abuja? by AngelSlay: 10:57am On Dec 19, 2024 |
Congratulations on your internship offer. Considering the cost of living in Abuja, consider the following expenses: Monthly Expenses in Abuja - Rent (single room in Lugbe): ₦150,000 - ₦180,000 - Feeding: ₦30,000 - ₦50,000 - Transportation: ₦40,000 - ₦60,000 - Utilities (electricity, water, etc.): ₦5,000 - ₦10,000 - Internet and phone bills: ₦5,000 - ₦10,000 - Miscellaneous (sundries, entertainment, etc.): ₦10,000 - ₦20,000 Total estimated monthly expenses: ₦120,000 - ₦200,000 Given your internship salary of ₦100,000, it might be challenging to cover all expenses, especially considering the high cost of living in Abuja. Factors in Your Favor 1. Frugal lifestyle: Your simple and non-materialistic lifestyle will help reduce expenses. 2. Upcoming NYSC allowance: Your NYSC allowance will provide an additional source of income. 3. Potential for remote work: Your cloud/software engineering skills may open up opportunities for remote work, which could increase your earning potential. Recommendations 1. Explore affordable accommodation options: Look for shared apartments or rooms outside Lugbe to reduce rent costs. 2. Budget and prioritize expenses: Create a budget and prioritize essential expenses over discretionary spending. 3. Develop a side hustle: Utilize your skills to develop a side hustle, such as freelancing or online tutoring, to supplement your income. 4. Prepare for NYSC: Plan ahead for your NYSC deployment and consider how you'll manage your finances during this period. Overall, while ₦100,000 might be a tight budget for Abuja, your frugal lifestyle and potential for additional income sources will help. Be prepared to make adjustments and explore opportunities to increase your earning potential. |
| Re: Is 100k A Good Salary In Abuja? by Spectrumma(m): 11:37am On Dec 19, 2024 |
Hormorlarah:it's not to be frank. Just feeding alone will make that money vanish |
| Re: Is 100k A Good Salary In Abuja? by Oyindamolah: 2:02pm On Dec 20, 2024 |
Is the company aware of your location and that you have to relocate? This isnt just about the job anymore, your place of resident is now involved, do you wanna stay in Abija after tNYSC should the compnay retain u or if they don't?. If yes, u can either let the company know your relocation challenges and see if they can help in anyway or you rebargain, ask if you could work remotely for the service period, even if they have to cut the pay to 80k or 70k, what you need mostly now is the experience. You can even tell them you plan to relocate to Abuja after the service. But if you dont plan to make Abuja your base, then think carefully. Still bargain for the remote working and if they dont agree, i wouldn't advise it. You have to keep upskilling and stay relevant, the right work will come eventually. Cos realistically, 100k plus ur allawee in an expensive environment like ABJ wont suffice, especially in your first year. #mytake |
| Re: Is 100k A Good Salary In Abuja? by Hormorlarah(op): 10:05pm On Dec 20, 2024 |
Oyindamolah:Thank you Oyinda, the job strictly requires I live in Abuja and I promised to move to Abuja. I don't mind living there if I get a good job, but I still prefer Minna due to the low cost of living and population. |
| Re: Is 100k A Good Salary In Abuja? by Oyindamolah: 11:50am On Dec 23, 2024 |
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