Published: Monday, 21th October 2024
The cost of living in Nigeria is 2.95 times less expensive as compared to Bosnia and Herzegovina.
On this page, you will find side-by-side cost comparison between Nigeria and Bosnia and Herzegovina. We have created 172 cost-of-living indicators. We average the prices of all those indicators and take a mathematically calculated approach to determine which country is more expensive to live in between Nigeria and Bosnia and Herzegovina.
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 Indicators  | Nigeria  | Bosnia and Herzegovina  |
|---|---|---|
1 BHK Apartment in City Center  | 500,000 NGN (650 USD) | 389.66 BAM (210.42 USD) |
2 BHK Apartment in City Center  | 800,000 NGN (1,040 USD) | 645 BAM (348.30 USD) |
3 BHK Apartment in City Center  | 1,200,000 NGN (1,560 USD) | 1,109 BAM (598.86 USD) |
1 BHK Apartment outside City Center  | 300,000 NGN (390 USD) | 289.70 BAM (156.44 USD) |
2 BHK Apartment outside City Center  | 500,000 NGN (650 USD) | 459 BAM (247.86 USD) |
3 BHK Apartment outside City Center  | 800,000 NGN (1,040 USD) | 643 BAM (347.22 USD) |
Mortgage Rates Per Month  | 1.8 % | 4.11 % |
Realtor Commission  | 5 % | 5 % |
Property Taxes  | 0.5 to 1.5 % | Yet to Update |
The average housing cost in Nigeria is 2.76 times more expensive than Bosnia and Herzegovina.
Indicators | Nigeria | Bosnia and Herzegovina |
|---|---|---|
Basic Home Furnishing  | 2,000,000 NGN (2,600 USD) | 1,000 BAM (540 USD) |
Electricity Cost Per Month  | 20,000 NGN (26 USD) | 50 BAM (27 USD) |
Heating Cost Per Month  | 15,000 NGN (19.50 USD) | 150 BAM (81 USD) |
Cooling Cost Per Month  | 25,000 NGN (32.50 USD) | 50 BAM (27 USD) |
Water Supply Cost Per Month  | 15,000 NGN (19.50 USD) | 20 BAM (10.80 USD) |
If you lived in Nigeria, instead of Bosnia and Herzegovina, you would have to pay 293.34% more for Utilities.
The basic home furnishing in Nigeria costs 4.81 times more compared to Bosnia and Herzegovina.
Indicators | Nigeria | Bosnia and Herzegovina |
|---|---|---|
Standard Wifi Cost Per Month  | 20,000 NGN (26 USD) | 44 BAM (23.76 USD) |
Mobile Phone Basic Plan Cost Per Month  | 7,000 NGN (9.10 USD) | 20 BAM (10.80 USD) |
Landline Basic Plan Cost Per Month  | 5,000 NGN (6.50 USD) | 15 BAM (8.10 USD) |
Cable TV Basic Plan Cost Per Month  | 15,000 NGN (19.50 USD) | 25 BAM (13.50 USD) |
The internet and communication costs 8.80% more in Nigeria compared to Bosnia and Herzegovina.
Indicators | Nigeria | Bosnia and Herzegovina |
|---|---|---|
Long Grain Rice (1 KG)  | 800 NGN (1.04 USD) | 2.50 BAM (1.35 USD) |
Milk (1 Liter)  | 400 NGN (0.52 USD) | 2.23 BAM (1.20 USD) |
Water (1 Liter)  | 200 NGN (0.26 USD) | 1.70 BAM (0.92 USD) |
Bread (500 gm)  | 300 NGN (0.39 USD) | 1.65 BAM (0.89 USD) |
Eggs (1 Dozen)  | 700 NGN (0.91 USD) | 5.17 BAM (2.79 USD) |
Cheese (1 KG)  | 1,500 NGN (1.95 USD) | 11 BAM (5.94 USD) |
Chicken Breast (1 KG)  | 1,500 NGN (1.95 USD) | 5.58 BAM (3.01 USD) |
In Nigeria, the cost of 1 Liter Water and 1 Liter Milk is 2.72 times less expensive than the cost in Bosnia and Herzegovina.
If you lived in Nigeria, instead of Bosnia and Herzegovina, you would have to pay 56.42% less for Groceries.
Indicators | Nigeria | Bosnia and Herzegovina |
|---|---|---|
Apples (1 KG)  | 1,000 NGN (1.30 USD) | 2.29 BAM (1.24 USD) |
Bananas (1 KG)  | 600 NGN (0.78 USD) | 1.25 BAM (0.68 USD) |
Oranges (1 KG)  | 800 NGN (1.04 USD) | 1.20 BAM (0.65 USD) |
Tomatoes (1 KG)  | 600 NGN (0.78 USD) | 3.31 BAM (1.79 USD) |
Potatoes (1 KG)  | 500 NGN (0.65 USD) | 1.58 BAM (0.85 USD) |
Lemons (1 KG)  | 800 NGN (1.04 USD) | 3 BAM (1.62 USD) |
Onions (1 KG)  | 600 NGN (0.78 USD) | 0.71 BAM (0.38 USD) |
Lentils (1 KG)  | 1,000 NGN (1.30 USD) | 3 BAM (1.62 USD) |
If you lived in Nigeria, instead of Bosnia and Herzegovina, you would have to pay 1.15 times less for Fruits and Vegetables.
Indicators | Nigeria | Bosnia and Herzegovina |
|---|---|---|
Meal at a Resonable Restaurant  | 2,000 NGN (2.60 USD) | 9.79 BAM (5.29 USD) |
Three-Course Meal for Two  | 7,000 NGN (9.10 USD) | 50 BAM (27 USD) |
Fast Food Combo Meal  | 1,000 NGN (1.30 USD) | 8.45 BAM (4.56 USD) |
Normal Coffee  | 300 NGN (0.39 USD) | 2.34 BAM (1.26 USD) |
Soft Drink  | 200 NGN (0.26 USD) | 2.61 BAM (1.41 USD) |
Pizza for One  | 3,000 NGN (3.90 USD) | 8 BAM (4.32 USD) |
Take-Out Delivery Meal  | 2,000 NGN (2.60 USD) | 10 BAM (5.40 USD) |
Cigarette Pack of 20  | 1,500 NGN (1.95 USD) | 6.08 BAM (3.28 USD) |
Dining-Out costs 57.93% less in Nigeria compared to Bosnia and Herzegovina.
Indicators | Nigeria | Bosnia and Herzegovina |
|---|---|---|
Wine Mid-Range Bottle  | 3,000 NGN (3.90 USD) | 17 BAM (9.18 USD) |
Glass of Wine  | 1,500 NGN (1.95 USD) | 5 BAM (2.70 USD) |
Domestic Beer Half Liter  | 600 NGN (0.78 USD) | 1.65 BAM (0.89 USD) |
Imported Beer Half Liter  | 1,200 NGN (1.56 USD) | 2.86 BAM (1.54 USD) |
Domestic Alcohol 1 Liter  | 3,000 NGN (3.90 USD) | 20 BAM (10.80 USD) |
Branded Alcohol 1 Liter  | 5,000 NGN (6.50 USD) | 30 BAM (16.20 USD) |
If you lived in Nigeria, instead of Bosnia and Herzegovina, you would have to pay 2.22 times less for usual hard drinks.
Indicators | Nigeria | Bosnia and Herzegovina |
|---|---|---|
Monthly Public Transportation Pass  | 15,000 NGN (19.50 USD) | 59.33 BAM (32.04 USD) |
Single Public Transportation Ticket  | 200 NGN (0.26 USD) | 1.50 BAM (0.81 USD) |
Single Train Ticket  | Yet to Update () | 5 BAM (2.70 USD) |
Domestic Airplane Ticket  | 50,000 NGN (65 USD) | 100 BAM (54 USD) |
Taxi Start Fare  | 500 NGN (0.65 USD) | 2 BAM (1.08 USD) |
Taxi Rate Per Kilometer  | 300 NGN (0.39 USD) | 3 BAM (1.62 USD) |
Car Rental Per Day  | 15,000 NGN (19.50 USD) | 50 BAM (27 USD) |
Parking Fees in City Center Per Hour  | 200 NGN (0.26 USD) | 2 BAM (1.08 USD) |
Parking Fees outside City Center Per Hour  | 100 NGN (0.13 USD) | 1 BAM (0.54 USD) |
If you lived in Nigeria, instead of Bosnia and Herzegovina, you would have to pay 1.14 times less for transportation.
Indicators | Nigeria | Bosnia and Herzegovina |
|---|---|---|
Reasonable Vehicle Purchase Cost  | 1,500,000 NGN (1,950 USD) | 42,377.19 BAM (22,883.68 USD) |
Vehicle Registration Cost  | 50,000 NGN (65 USD) | 50 BAM (27 USD) |
Driving License Fees  | 10,000 NGN (13 USD) | 100 BAM (54 USD) |
Car Insurance Cost  | 30,000 NGN (39 USD) | 400 BAM (216 USD) |
Car Maintenance Cost  | 15,000 NGN (19.50 USD) | 200 BAM (108 USD) |
Car Loan Interest Rates  | 12 % | 4 % |
Fuel Per Liter  | 300 NGN (0.39 USD) | 2.92 BAM (1.58 USD) |
Fuel Per Gallon  | 1,200 NGN (1.56 USD) | 9.90 BAM (5.35 USD) |
Average Toll Fees  | Yet to Update | 5 BAM 2.70 USD |
You would have to pay 11.16 times less for Vehicle purchase, daily operation and maintenance in Nigeria compared to that of Bosnia and Herzegovina.
Indicators | Nigeria | Bosnia and Herzegovina |
|---|---|---|
Doctor Visit  | 3,000 NGN (3.90 USD) | 20 BAM (10.80 USD) |
Specialist Visit  | 7,000 NGN (9.10 USD) | 50 BAM (27 USD) |
Dentist Visit  | 5,000 NGN (6.50 USD) | 30 BAM (16.20 USD) |
Eye Exam  | 2,000 NGN (2.60 USD) | 25 BAM (13.50 USD) |
Mental Health Counseling  | 5,000 NGN (6.50 USD) | 50 BAM (27 USD) |
Preventive Health Screening  | 3,000 NGN (3.90 USD) | 50 BAM (27 USD) |
Physical Therapy  | 3,000 NGN (3.90 USD) | 50 BAM (27 USD) |
Emergency Room Visit  | 25,000 NGN (32.50 USD) | 100 BAM (54 USD) |
Hospital Stay Per Night  | 15,000 NGN (19.50 USD) | 200 BAM (108 USD) |
Vaccinations  | 2,000 NGN (2.60 USD) | 30 BAM (16.20 USD) |
Prescription Medication  | 1,000 NGN (1.30 USD) | 10 BAM (5.40 USD) |
Over the Counter Medication  | 500 NGN (0.65 USD) | 5 BAM (2.70 USD) |
Health Insurance Premiums  | 25,000 NGN (32.50 USD) | 100 BAM (54 USD) |
Health Insurance Deductibles  | 10,000 NGN (13 USD) | 50 BAM (27 USD) |
If you lived in Nigeria, instead of Bosnia and Herzegovina, you would have to pay 3.00 times less for Health and Medical Treatment.
Indicators | Nigeria | Bosnia and Herzegovina |
|---|---|---|
Cosmetic Procedures  | 8,000 NGN (10.40 USD) | 200 BAM (108 USD) |
Spa Treatment  | 5,000 NGN (6.50 USD) | 50 BAM (27 USD) |
Manicure Pedicure Cost  | 2,000 NGN (2.60 USD) | 20 BAM (10.80 USD) |
Optical Glasses Cost  | 5,000 NGN (6.50 USD) | 100 BAM (54 USD) |
Contact Lenses Cost  | 3,000 NGN (3.90 USD) | 50 BAM (27 USD) |
Haircuts  | 1,500 NGN (1.95 USD) | 10 BAM (5.40 USD) |
Hair Coloring  | 3,000 NGN (3.90 USD) | 20 BAM (10.80 USD) |
Shampoo Price  | 500 NGN (0.65 USD) | 5 BAM (2.70 USD) |
Toothpaste Price  | 200 NGN (0.26 USD) | 3 BAM (1.62 USD) |
If you lived in Nigeria, instead of Bosnia and Herzegovina, you would have to pay 6.75 times less for Personal Care Items and Treatment.
Indicators | Nigeria | Bosnia and Herzegovina |
|---|---|---|
Pair of Nike Running Shoes  | 40,000 NGN (52 USD) | 178 BAM (96.12 USD) |
Men's Shirt  | 6,000 NGN (7.80 USD) | 50 BAM (27 USD) |
Women's Dress  | 12,000 NGN (15.60 USD) | 70 BAM (37.80 USD) |
Summer Dress  | 8,000 NGN (10.40 USD) | 50 BAM (27 USD) |
Men's Suit  | 30,000 NGN (39 USD) | 300 BAM (162 USD) |
Men's Jeans  | 10,000 NGN (13 USD) | 144 BAM (77.76 USD) |
Women's Jeans  | 8,000 NGN (10.40 USD) | 100 BAM (54 USD) |
Men's Formal Shoes  | 20,000 NGN (26 USD) | 144 BAM (77.76 USD) |
Women's Formal Shoes  | 20,000 NGN (26 USD) | 100 BAM (54 USD) |
Men's Casual Shoes  | 15,000 NGN (19.50 USD) | 100 BAM (54 USD) |
Women's Casual Shoes  | 12,000 NGN (15.60 USD) | 80 BAM (43.20 USD) |
Underwear For Men  | 1,000 NGN (1.30 USD) | 10 BAM (5.40 USD) |
Underwear For Women  | 1,500 NGN (1.95 USD) | 10 BAM (5.40 USD) |
Socks For Men  | 500 NGN (0.65 USD) | 5 BAM (2.70 USD) |
Socks For Women  | 500 NGN (0.65 USD) | 5 BAM (2.70 USD) |
Wintercoat for Adults  | 12,000 NGN (15.60 USD) | 200 BAM (108 USD) |
Sportswear  | 8,000 NGN (10.40 USD) | 80 BAM (43.20 USD) |
If you lived in Nigeria, instead of Bosnia and Herzegovina, you would have to pay 3.30 times less for Clothing and Footwear for Adults.
Indicators | Nigeria | Bosnia and Herzegovina |
|---|---|---|
Children's Jeans  | 4,000 NGN (5.20 USD) | 60 BAM (32.40 USD) |
Children's Normal Sneakers  | 6,000 NGN (7.80 USD) | 80 BAM (43.20 USD) |
Children's Winter Coat  | 8,000 NGN (10.40 USD) | 100 BAM (54 USD) |
Daycare for Infant  | 25,000 NGN (32.50 USD) | 275.19 BAM (148.60 USD) |
Daycare for Toddler  | 20,000 NGN (26 USD) | 275.19 BAM (148.60 USD) |
Childcare for Sick Days  | 4,000 NGN (5.20 USD) | 100 BAM (54 USD) |
Early Childhood Education Programs  | 20,000 NGN (26 USD) | 200 BAM (108 USD) |
Extra Curricular Activities  | 6,000 NGN (7.80 USD) | 50 BAM (27 USD) |
Summer Camp for Kids  | 20,000 NGN (26 USD) | 200 BAM (108 USD) |
If you lived in Nigeria, instead of Bosnia and Herzegovina, you would have to pay 4.93 times less for Childcare and kids clothing.
Indicators | Nigeria | Bosnia and Herzegovina |
|---|---|---|
PreSchool Fees  | 40,000 NGN (52 USD) | 275.19 BAM (148.60 USD) |
Primary School Fees  | 60,000 NGN (78 USD) | 2,000 BAM (1,080 USD) |
Secondary School Fees  | 70,000 NGN (91 USD) | 3,000 BAM (1,620 USD) |
Private School Fees  | 90,000 NGN (117 USD) | 4,000 BAM (2,160 USD) |
University Tuition Fees  | 120,000 NGN (156 USD) | 3,000 BAM (1,620 USD) |
University Private Tuition Fees  | 180,000 NGN (234 USD) | 5,000 BAM (2,700 USD) |
After School Activities  | 5,000 NGN (6.50 USD) | 50 BAM (27 USD) |
Special Education Services  | 30,000 NGN (39 USD) | 300 BAM (162 USD) |
Tutoring  | 3,000 NGN (3.90 USD) | 20 BAM (10.80 USD) |
Textbooks Cost  | 5,000 NGN (6.50 USD) | 100 BAM (54 USD) |
School Supplies  | 2,000 NGN (2.60 USD) | 50 BAM (27 USD) |
If you lived in Nigeria, instead of Bosnia and Herzegovina, you would have to pay 12.22 times less for school and education.
Indicators | Nigeria | Bosnia and Herzegovina |
|---|---|---|
Movie Ticket (Single)  | 1,500 NGN (1.95 USD) | 7.38 BAM (3.99 USD) |
Theater Ticket (Single)  | 2,000 NGN (2.60 USD) | 20 BAM (10.80 USD) |
Concert Ticket (Single)  | 3,000 NGN (3.90 USD) | 30 BAM (16.20 USD) |
Sports Event Ticket (Single)  | 2,500 NGN (3.25 USD) | 15 BAM (8.10 USD) |
Gym Membership  | 5,000 NGN (6.50 USD) | 44.42 BAM (23.99 USD) |
Swimming Pool Access  | 3,000 NGN (3.90 USD) | 20 BAM (10.80 USD) |
Museum Entry Ticket  | 1,000 NGN (1.30 USD) | 5 BAM (2.70 USD) |
Zoo Entry Ticket  | 1,500 NGN (1.95 USD) | 5 BAM (2.70 USD) |
Amusement Park Entry Ticket  | 2,000 NGN (2.60 USD) | 10 BAM (5.40 USD) |
Bowling  | 1,500 NGN (1.95 USD) | 10 BAM (5.40 USD) |
Mini Golf  | 1,500 NGN (1.95 USD) | 10 BAM (5.40 USD) |
Video Games  | 6,000 NGN (7.80 USD) | 50 BAM (27 USD) |
Streaming Services  | 2,000 NGN (2.60 USD) | 10 BAM (5.40 USD) |
Outdoor Equipment Rental  | 1,500 NGN (1.95 USD) | 20 BAM (10.80 USD) |
Theme Park Annual Pass  | 50,000 NGN (65 USD) | 100 BAM (54 USD) |
If you lived in Nigeria, instead of Bosnia and Herzegovina, you would have to pay 1.76 times less for entertainment, recreation and fun activities.
Indicators | Nigeria | Bosnia and Herzegovina |
|---|---|---|
Language Classes  | 25,000 NGN (32.50 USD) | 50 BAM (27 USD) |
Parenting Classes  | 15,000 NGN (19.50 USD) | 50 BAM (27 USD) |
Art Classes  | 3,000 NGN (3.90 USD) | 20 BAM (10.80 USD) |
Fitness Classes  | 2,000 NGN (2.60 USD) | 15 BAM (8.10 USD) |
Music Lessons  | 4,000 NGN (5.20 USD) | 20 BAM (10.80 USD) |
Dance Lessons  | 4,000 NGN (5.20 USD) | 20 BAM (10.80 USD) |
Reading Materials for Classes  | 1,000 NGN (1.30 USD) | 10 BAM (5.40 USD) |
Educational Software  | 15,000 NGN (19.50 USD) | 100 BAM (54 USD) |
If you lived in Nigeria, instead of Bosnia and Herzegovina, you would have to pay 1.72 times less for Private Classes.
Indicators | Nigeria | Bosnia and Herzegovina |
|---|---|---|
Average Gross Monthly Salary  | 200,000 NGN (260 USD) | 1,500 BAM (810 USD) |
Average Net Monthly Salary  | 120,000 NGN (156 USD) | 1,000 BAM (540 USD) |
Minimum Wages  | 1,000 NGN per hour (1.30 USD) | 15 BAM per hour (8.10 USD) |
Average Bonus  | 20,000 NGN (26 USD) | 100 BAM (54 USD) |
Income Tax Rate  | 0 to 7.5 % | 0 to 17 % |
Social Security Contributions  | 7 % | 17 % |
Pension Contributions  | 8 % | 6 % |
Cost of Living Index  | 40 | 40 |
Median Household Income  | 1,200,000 NGN (1,560 USD) | 2,000 BAM (1,080 USD) |
If you lived in Nigeria, you would earn 1.24 times less salary as compared to Bosnia and Herzegovina.
Indicators | Nigeria | Bosnia and Herzegovina |
|---|---|---|
Legal Consultation Per Hour Rate  | 5,000 NGN (6.50 USD) | 50 BAM (27 USD) |
Accounting Services Per Hour Rate  | 7,000 NGN (9.10 USD) | 30 BAM (16.20 USD) |
IT Support Services Per Hour Rate  | 7,000 NGN (9.10 USD) | 40 BAM (21.60 USD) |
Technician Services Per Hour Rate  | 6,000 NGN (7.80 USD) | 30 BAM (16.20 USD) |
Professional Services cost 2.49 times less in Nigeria, as compared to Bosnia and Herzegovina.
We hope you enjoyed the detailed guide on the cost of living comparsion between Nigeria and Bosnia and Herzegovina.
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