Countries with Highest Cost of Living - Travel (2)

Countries with Highest Cost of Living - Travel (2) - Nairaland

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Re: Countries with Highest Cost of Living by edungene7: 12:05pm On May 10

Is Monaco no longer in France huh

Because I don't understand.

Re: Countries with Highest Cost of Living by Rapmoney(m): 12:11pm On May 10

richmond500:
Nigeria is around 100 dollars

And what is the minimum wage? A mere 48 dollars. So someone who earns 48 dollars per month should spend 100 dollars per month?

Re: Countries with Highest Cost of Living by bixton(m): 12:12pm On May 10

DrMB:
Is Your Salary Keeping Up?
Ever feel like your paycheck vanishes before the month even ends? You aren't imagining it; the cost of living is hitting record highs across the globe. From the luxury streets of Monaco to the tech hubs of the US, the price of simply "existing" varies wildly.
Which of these numbers shocks you the most?
Could you imagine spending nearly $7k a month just to cover the basics in Monaco? Or does seeing the US and UK sitting so close together change your perspective on moving abroad?
👇 Drop a comment below:
How does your current city compare to these averages? Is it time to relocate, or are you staying put?

As you post cost of living also post average wage and GDP per capita of each country

When you do the above side by side what you have there, then you have done some educational work that's worth studying and useful.

Re: Countries with Highest Cost of Living by Nwaele7(m): 12:13pm On May 10

Nigeria has been rigged out of her first position.

Maybe Pres Bola have to add more punishment to the electorates .

Re: Countries with Highest Cost of Living by Omalicious1: 12:17pm On May 10

DrMB:
Is Your Salary Keeping Up?
Ever feel like your paycheck vanishes before the month even ends? You aren't imagining it; the cost of living is hitting record highs across the globe. From the luxury streets of Monaco to the tech hubs of the US, the price of simply "existing" varies wildly.
Which of these numbers shocks you the most?
Could you imagine spending nearly $7k a month just to cover the basics in Monaco? Or does seeing the US and UK sitting so close together change your perspective on moving abroad?
👇 Drop a comment below:
How does your current city compare to these averages? Is it time to relocate, or are you staying put?

On what basis is this statistics being arranged? It is by number of celebrities visiting those places, politicians having properties in those places or is it by the basic minimum wage in those places?

Re: Countries with Highest Cost of Living by ThiefnubuBandit(f): 12:20pm On May 10

bazoodo:
lies. Those places on the list are expensive and salaried can't help. That's why they got on the high costs of living indexes in the first place! With 10k USD salary in Singapore you are just average. very average. And most people on sg don't even earn up to that

Some of you are so warped in thinking that you think everyone is a fool on the internet. You just come online to spread propaganda, thinking everyone would believe your cheap propaganda. I'm very sure you've never ever dreamt of owning that same 10k USD that you said was nothing in Singapore. Someone who has never left the shores of Nigeria will sit in his house in Ogbomosho and tell you what happens in Singapore.

Looking at your profile, I'm not surprised. You're one of those data boys with fairly used laptop from Rotimi Amaechi, who come online to defend a failed government.

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Re: Countries with Highest Cost of Living by macphilip: 12:20pm On May 10

Misleading!
You should have added the average minimum wage of those countries listed

Re: Countries with Highest Cost of Living by MakindeHassan: 12:28pm On May 10

bazoodo:
lies. Those places on the list are expensive and salaried can't help. That's why they got on the high costs of living indexes in the first place! With 10k USD salary in Singapore you are just average. very average. And most people on sg don't even earn up to that

I initially didn’t want to respond to you cos what are you even saying. I simply said post the data of wages to give a more transparent view of cost of living. For example average wage in Switzerland is around $8,800 per month and US is around $6,000 per month. On the list, Switzerland is more expensive than US. This shows you that countries that are more expensive often earn more relatively.

You think it’s $70 per month minimum wage Singaporeans are using to live their life. Do your research on how many USD millionaires are in Singapore. High cost of living is often related to higher wages. Countries at the top of the list ofter earn way more than those at the bottom on average.

Re: Countries with Highest Cost of Living by kernniejay(m): 12:30pm On May 10

If Reno sees this list now, he will grow morale to compose another epistle to explain how Nigeria is not among the most expensive places to live on earth.

Re: Countries with Highest Cost of Living by bazoodo: 12:46pm On May 10

MakindeHassan:
I initially didn’t want to respond to you cos what are you even saying. I simply said post the data of wages to give a more transparent view of cost of living. For example average wage in Switzerland is around $8,800 per month and US is around $6,000 per month. On the list, Switzerland is more expensive than US. This shows you that countries that are more expensive often earn more relatively.

You think it’s $70 per month minimum wage Singaporeans are using to live their life. Do your research on how many USD millionaires are in Singapore. High cost of living is often related to higher wages. Countries at the top of the list ofter earn way more than those at the bottom on average.

there are about 50 USD billionaires in Singapore. Most of them just use Singapore as their country on firms but reside elsewhere! Even if they lived there does that justify the high cost of living. Singapore is freaking expensive. Except you earning above 500k USD a year you still struggle there. Every now and then their government doles out intervention cash to citizens to meet up. A typical two bedroom for rent a month costs about 4k Singapore dollars. Meanwhile average income is also around that amount

Re: Countries with Highest Cost of Living by OkanlawonB(m): 12:49pm On May 10

DickenClarq:
Lol.

When I tell people cost of leaving in Nigeria is very low they think am not telling the truth.

I stayed in Europe for internship and I have visited the U.S twice.

If you want to enjoy Low cost of living in Nigeria avoid Lagos, Abuja, South East and South South Nigeria.

Do you know that people still buy Mama put food for 500 Naira - 700 Naira in the North. And you will eat to your satisfaction.
E.g in Benue they will give you fufu 200naira and Fish with soup 200naira. The fufu might be even difficult for you to finish it.

People still cook nice pot of soup with 1500. In the North

School: UBE Nursery-JSS3 and WAEC is free for indigenes in some Northern states.
Some girls boarding schools still pay 1500 Naira every term as school fees, with free books, uniforms, school bags and sandals all given free.

Housing: you will see room and palour self-Con for 120K -150K in a gated compound. Some face-me-I-face-you houses still pay 28K - 40K annually.

Transportation is cheap with food stuff.

The only issue is insecurities, which are mostly common in rural areas not urban centers.

Nothing sensational about the cost of living in Europe since your earnings will always more than cover your cost of living.

As for Lagos, i don`t see any reason to avoid it, there are many decent affordable locations there and the relatively high safety and security level is a big plus.

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Re: Countries with Highest Cost of Living by OkanlawonB(m): 12:55pm On May 10

edungene7:
Is Monaco no longer in France Because I don't understand.

Monaco is a sovereign city state, it is comparable to the Vatican City and Liechtenstein.

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Re: Countries with Highest Cost of Living by 43Ronin: 12:59pm On May 10

In the Scandinavian counteies (Denmark, Norway, sweeten & Iceland) Healthcare & education is completely free to any level. Thats the reason for their high cost of livng

Re: Countries with Highest Cost of Living by femi4: 1:10pm On May 10

Where is Nigeria

Re: Countries with Highest Cost of Living by ZombieDredd: 1:15pm On May 10

helinues:
In whatever country economy we found ourselves, may we not be follow people come life

Life no get any duplicate, whatever clever you can do to survive it without blaming others for your misfortunes, do asap

Why then did you say egg is for rich people only?

Isn't that bad?

Re: Countries with Highest Cost of Living by Eniolohunda: 1:27pm On May 10

All these fake analysis to deceive Nigerians. Who told you life is not expensive in Nigeria than those countries you mentioned. Nigeria is one of the most expensive countries to live based on people earning. Here's my own story, I left the street of Lagos Nigeria before Tinubulation because salary math was no longer mathing. As at then we were earning around 300 and 350k per month as a family, but by the time we paid 3 children school fees and took out rent to get desirable good food would be a struggle. Now in the US, only one of us is working full time because one of us have to take care of the kids and school run. Yet life is easier, we own our house and we're even paying extra above our mortgage so we can clear it quick, because I know many people are coming to shout mortgage. Here now we're driving 2 recent cars without loan because we are the type that like to go for whatever we can afford without loan. Meanwhile, back in Nigeria, the only one car we had will be packed for days sometimes because even driving the car self was another stress on its own. A beg choose the life you want for yourself and let people make their choice.

Re: Countries with Highest Cost of Living by jonnyjustcome22: 2:55pm On May 10

Lanruze:
I have visited some of these countries and can confirm that based on my little travels it's true.

Nigeria currently has the lowest minimum wage in the entire world with a monthly minimum wage of $64.

The average monthly Minimum wage globally measured is $854.

Sub-Sahara Africa & South East Asia used to be notorious for exploitative cheap Labour however, the CFA Zone and Ghanian Cedi had a currency strengthen in 2024.

The Cost-of-living disparity and significance cannot capture Nigeria based on a weakened & devalued currency and high Purchasers Price Parity (P.P.P).

An example of Purchasers Price Parity (P.P.P) is using the Coca-Cola Illustration ;

a bottle of Coke in the USA = $1.50 (N2,010)
a bottle of Coke in Nigeria = $0.36 (N 500)

Please stop your beer parlour analysis. Do you know majority of people in Nigeria don't earn 500 naira per hour compare to those countries on that list

Re: Countries with Highest Cost of Living by doncartel: 3:09pm On May 10

I think they meant South Korea, not North Korea.

Re: Countries with Highest Cost of Living by Lanruze: 3:13pm On May 10

Dear Johnny Just Come,

Asides from your moniker giving you out as an unserious person, the beer parlour gist if from where please ?

[quote author=jonnyjustcome22 post=139365956][/quote]

Re: Countries with Highest Cost of Living by patrickcollins: 3:25pm On May 10

Lanretoye:
One werey Dey look for Nigeria but God shame am ,country no good country no good…hypo 100naira then no fit drink talk more of sniper

Nigerians are suffering than citizens of those countries, they have high salary and high GDP per Capita (PPP). They have got high purchasing power.

Re: Countries with Highest Cost of Living by Easylife1234: 3:49pm On May 10

How about away country Nigeria, let's us know away level

Re: Countries with Highest Cost of Living by Lanretoye(m): 5:01pm On May 10

patrickcollins:
Nigerians are suffering than citizens of those countries, they have high salary and high GDP per Capita (PPP). They have got high purchasing power.

mouth piece of Nigerians,na you carry all their suffer for head,but if they say Nigeria is the most corrupt nation you will not say other nations are corrupt

Re: Countries with Highest Cost of Living by tampadollarsign(m): 7:31pm On May 10

https://youtube.com/shorts/v4vO0s7EiPw?si=0PT7yJmRaQFP5WmM

Re: Countries with Highest Cost of Living by untoldtruth: 8:55pm On May 10

bazoodo:
lies. Those places on the list are expensive and salaried can't help. That's why they got on the high costs of living indexes in the first place! With 10k USD salary in Singapore you are just average. very average. And most people on sg don't even earn up to that

You're right $10K salary in SG is hard to come by, unless the earner is a true professional at the job, normal salaries start around $3,950, $4,345 USD and $5,135 USD which if you manage well, can live on quietly, that humid heat of theirs tho....🚶🚶

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