Cost of Living in Nigeria
The population of Nigeria is 211,400,708. The average cost of living in Nigeria is $1639 and the median after-tax salary is $160.83
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Restaurants |
Price |
World Range |
|---|---|---|
|
Meal, Inexpensive Restaurant |
1.6 $ |
|
|
Meal for 2 People, Mid-range Restaurant, Three-course |
22.88 $ |
|
|
McMeal at McDonalds (or Equivalent Combo Meal) |
5.72 $ |
|
|
Domestic Beer (1 pint draught) |
0.92 $ |
|
|
Imported Beer (12 oz small bottle) |
1.14 $ |
|
|
Cappuccino (regular) |
2.16 $ |
|
|
Coke/Pepsi (12 oz small bottle) |
0.37 $ |
|
|
Water (12 oz small bottle) |
0.25 $ |
|
|
Markets |
Price |
World Range |
|---|---|---|
|
Milk (regular), (1 gallon) |
2.88 $ |
|
|
Loaf of Fresh White Bread (1 lb) |
1.18 $ |
|
|
Rice (white), (1 lb) |
2.46 $ |
|
|
Eggs (regular) (12) |
1.81 $ |
|
|
Local Cheese (1 lb) |
4.17 $ |
|
|
Chicken Fillets (1 lb) |
4.46 $ |
|
|
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
4.54 $ |
|
|
Apples (1 lb) |
3.17 $ |
|
|
Banana (1 lb) |
1.62 $ |
|
|
Oranges (1 lb) |
1.25 $ |
|
|
Tomato (1 lb) |
1.88 $ |
|
|
Potato (1 lb) |
2.1 $ |
|
|
Onion (1 lb) |
1.47 $ |
|
|
Lettuce (1 head) |
1.0 $ |
|
|
Water (1.5 liter bottle) |
0.5 $ |
|
|
Bottle of Wine (Mid-Range) |
4.58 $ |
|
|
Domestic Beer (0.5 liter bottle) |
0.82 $ |
|
|
Imported Beer (12 oz small bottle) |
1.28 $ |
|
|
Cigarettes 20 Pack (Marlboro) |
1.14 $ |
|
|
Transportation |
Price |
World Range |
|---|---|---|
|
One-way Ticket (Local Transport) |
0.46 $ |
|
|
Monthly Pass (Regular Price) |
20.59 $ |
|
|
Taxi Start (Normal Tariff) |
1.14 $ |
|
|
Taxi 1 mile (Normal Tariff) |
1.26 $ |
|
|
Taxi 1hour Waiting (Normal Tariff) |
4.58 $ |
|
|
Gasoline (1 gallon) |
0.38 $ |
|
|
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
18306.54 $ |
|
|
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
27336.59 $ |
|
|
Utilities (Monthly) |
Price |
World Range |
|---|---|---|
|
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
22.09 $ |
|
|
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) |
0.04 $ |
|
|
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
48.06 $ |
|
|
Sports And Leisure |
Price |
World Range |
|---|---|---|
|
Fitness Club, Monthly Fee for 1 Adult |
30.76 $ |
|
|
Tennis Court Rent (1 Hour on Weekend) |
7.19 $ |
|
|
Cinema, International Release, 1 Seat |
6.18 $ |
|
|
Childcare |
Price |
World Range |
|---|---|---|
|
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
89.72 $ |
|
|
International Primary School, Yearly for 1 Child |
2000.5 $ |
|
|
Clothing And Shoes |
Price |
World Range |
|---|---|---|
|
1 Pair of Jeans (Levis 501 Or Similar) |
17.12 $ |
|
|
1 Summer Dress in a Chain Store (Zara, H&M, ...) |
27.12 $ |
|
|
1 Pair of Nike Running Shoes (Mid-Range) |
58.9 $ |
|
|
1 Pair of Men Leather Business Shoes |
65.04 $ |
|
|
Rent Per Month |
Price |
World Range |
|---|---|---|
|
Apartment (1 bedroom) in City Centre |
883.67 $ |
|
|
Apartment (1 bedroom) Outside of Centre |
503.43 $ |
|
|
Apartment (3 bedrooms) in City Centre |
2798.76 $ |
|
|
Apartment (3 bedrooms) Outside of Centre |
1271.8 $ |
|
|
Buy Apartment Price |
Price |
World Range |
|---|---|---|
|
Price per Square Feet to Buy Apartment in City Centre |
950.73 $ |
|
|
Price per Square Feet to Buy Apartment Outside of Centre |
449.54 $ |
|
|
Salaries And Financing |
Price |
World Range |
|---|---|---|
|
Average Monthly Net Salary (After Tax) |
160.83 $ |
|
|
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate |
17.71 % |
|
Nigeria
OVERALL RISK: HIGH
Nigeria is currently a very dangerous destination for potential tourists. Governments in several countries have even issued warnings against traveling to this country, for reasons such as terrorism, kidnappings, and other types of violent crime.
TRANSPORT & TAXIS RISK: HIGH
As for transport, it is not safe, and you should always opt for taxis and hired drivers to get around Nigeria. However, buses, although dangerous because of possible roadblocks and the possibility of passengers being attacked are reliable and can take you to any part of the country you wish to go. Still, be very careful when getting around Nigeria.
PICKPOCKETS RISK: HIGH
Crime levels are high in Nigeria and this goes for both petty and violent crime. Expect petty crimes like pickpocketing, bag snatching, camera snatching, and other forms of theft, especially on the streets of Lagos.
NATURAL DISASTERS RISK: MEDIUM
Nigeria gets severely hit by heavy tropical rains each year from May to September, which usually leads to flash floods. Floods are the most devastating natural disaster in Nigeria and they have also devastated the Niger Delta.
MUGGING RISK: HIGH
There have been some pretty scary reports concerning violent crime in Nigeria towards foreigners particularly. U.S. Department of State reporting more than 140 foreign nationals have been kidnapped, and six of them killed, since 2009. This is why it is essential that you avoid walking around Nigeria altogether, be it during the day or night. Opt for driving.
TERRORISM RISK: HIGH
Terrorists are very likely to try to carry out attacks in Nigeria. Avoid northern and northeast Nigeria at all costs as those are the parts of the country where most of the terrorism takes place. However, there have been numerous attacks elsewhere, too. Threats are mostly coming from the terrorist group Boko Haram.
SCAMS RISK: HIGH
Of course, scams too are common in Nigeria, so double check your change, never pay anything upfront, and negotiate everything in advance. Be very careful around ATMs and be wary of anyone trying to distract you.
WOMEN TRAVELERS RISK: HIGH
Nigeria is not a safe destination for women. Do not go alone anywhere, and keep in mind that it is best not to move around Nigeria at all, except if you're in a car with windows rolled up.
Visas
Most countries do need a passport in order to enter Nigeria. You will need a valid passport and keep in mind that it is usually impossible to acquire a visa upon arrival so make sure you apply for one well in advance. If you are not sure about your visa status, visit www.doyouneedvisa.com which will let you know whether or not you need a visa based on your nationality and the country you want to visit.
Currency
The Nigerian naira is the official currency in Nigeria. ATMs are becoming more and more available throughout the country.
Weather
Nigeria has a tropical climate, due to it being located in the tropics, and it is characterized by a rainy and a dry season as in most countries in the tropics. Nigeria's rainy season lasts from May to September during which period it receives extreme amounts of rain.
Airports
Murtala Muhammed International Airport is the main airport in Nigeria, serving the entire country. It is located in Ikeja, Lagos State, Nigeria.
Travel Insurance
Just like anywhere else, we recommend getting travel insurance when traveling to Nigeria, since it covers not only the costs of medical problems but also theft and loss of valuables.