Cost of Living in Nigeria Compared to US, India, etc.

In this write up, you will get to learn about what it costs to live in Nigeria. and compare it to that of the united states and India

Cost of living in Nigeria

Meal in an inexpensive restaurant is about 500 naira. Meal in mid-range restaurant for 2 people is about 6,000 naira. If you want to buy MacDonald kind of meal in Nigeria, it will cost you about 1500 naira. Domestic beer in Nigeria costs about 300

Domestic beer in Nigeria costs about 300 naira, while its imported counterpart will cost about 500 naira. Cappuccino in Nigeria goes for about 712 naira. Coke or Pepsi goes for about 100naira, while bottled water will cost about 65 naira.

In Nigerian market, 1 liter of milk will cost about 613 naira, while 1 loaf of white bread goes for about 295 naira. 1 kg of rice too goes for about 531 naira, while 12 eggs sell for 485 naira. Local cheese in Nigeria goes for 2,750, while 1 kg of chicken breast goes or 1,191 naira. 1 kg of round beef sells for 1,411 and it is equitable to back leg of red meat. 1 kg of apple goes for 756 naira, while 1kg of banana sells for 456 naira. 1 kg orange costs 420 naira and 1 kg of tomatoes goes for 555 naira. 1 kg potatoes go for 387 naira. 1 kg of onion sells for 386 naira. Lettuce sells for 296 naira, while 1.5 liters of water sells for 147naira.midrange bottle of wine sells for 1,200 and 0.5 liters of domestic beer sells for 251 naira. 0.33 liters of imported beer goes for 503 naira, while pack of cigarette in Nigeria sells for about 231 naira.

Transportation cost in Nigeria has relatively increased in recent times. One way ticket for local air transport costs 110,000 naira. Regular price for monthly pass is about 15,750,000 naira. Taxi start normal tariff is about 400 naira, while 1km taxi tariff is 500 naira. Taxi 1 hour waiting costs 1,500 naira, while 1 liter of gasoline goes for 145 naira. Volkswagen Golf 1.4 90KW Trendline sells for 3,500,000 naira and Toyota corolla 1.61 97 kW comfort goes for 5,455,555,56 naira.

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Basic utility, like electricity, garbage disposal and heating in Nigerian goes for about 14,500 naira.

Cost of living in the United States

Annual cost of living for a single adult in the United States is $28,458. This is so if the individual does not have any child.  Annual cost of living for a married couple, if marriage has produced one child, will be around $56,176.  Annual cost of living for a married couple if they have four kids is $82,871.

Cost of living in placed like Washington, Arlington and Alexandria is about 64% higher than the national average. Annual cost of living in places like Norwalk and Stamford is 59% above the national average. Annual cost of living in a place like Nassau or Suffolk is 56% above the national average.

Annual cost of living in a place like Honolulu is 53% above the national average. Annual cost of living in San Francisco is 53% above the national average. Annual cost of living in Westchester County is 50% above the national average. Annual cost of living in New York City is 49% above the national average.

Annual cost of living in a place like Danbury is 43% above the national average. Annual cost of living in a place like Poughkeepsie, Newburgh or Middletown is39% above the national average. Average cost of living in Ithaca is 40% above the national average. Average cost of living in San Jose, Sunnyvale and Santa Clara is 40% above the national average.

Average cost of living in rural Massachusetts is 37% above the national average. Average cost of living in Hawaii is 36% above the national average. Average cost of living in southern Middlesex County is 37% above the national average. Average cost of living in Oakland and Fremont is 35% above national average.

Average cost of living in Easton and Raynham is 33% above national average. Average cost of living in Boston, Cambridge and Quincy is 34% above the national average.  Average cost of living in Santa Cruz and Watsonville is 32% above the national average. Average cost of living in Orange County is 33% above the national average. Average cost of living in Burlington and south Burlington is 32% above the national average.

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Cost of living in India

1 bedroom apartment in India costs 11,572 Rs if it is located at the city center. If the 1 bedroom apartment is located outside the city center, on the other hand, it will cost about 7,080.50 Rs. 3 bedroom apartment located at city center in India will cost 27,968.24 Rs, while it will cost 17,023.10 if it is located outside the city center.  These costs are paid per month

If you want to buy an apartment however, you will have to dole out 96,137.65 on average for a square metre apartment in the city center. Price per square meter to purchase apartment located outside the city center will be about 47,231.39. Rs. Average monthly disposable salary in India is 34,237.78 RS. Mortgage interest rate in percentage on annual basis is 10. 55.

Utilities like electivity, garbage disposal and heating in India is 2, 143.24 Rs. 1 minute of prepaid mobile tariff local plan costs 0.93 Rs. Internet in India costs 1,220.54 on monthly basis for cable/ ADSL, Unlimited data and 10Mbps.

Fitness club registration costs 1,381.40 Rs for 1 adult on monthly basis. Tennis club rent for 1 hour during the weekend costs 435.02 Es. Cinema and international release for 1 month cost 250 Rs for 1 seat. 1 pair of jeans costs 2,278 Rs. 1 summer dress in a normal Chain store costs 2,277.73 Rs. 1 pair of Nike running shoes costs 3,199 Rs. 1 pair of men leather business shoes cost 2,516.54 Rs.

One way ticket for local air transport India costs 18.00 Rs. Regular price for monthly pass costs 600 Rs. Normal tariff for taxi start is 49 Rs. Normal tariff for taxi 1 km is 13.00 Rs. Normal tariff for taxi 1 hours waiting is 68.13 Rs. 1 liter of gasoline in India is 67.10 Rs. Volkswagen Golf 1.4 90kW Trendline costs 782,000 Rs.  Toyota corolla 1.6L 97kW Comfort costs 1,492,999Rs.

 

 

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