Published: Monday, 21th October 2024
The cost of living in Nigeria is 1.58 times less expensive as compared to Hungary.
On this page, you will find side-by-side cost comparison between Nigeria and Hungary. 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 Hungary.
We always try to give you the latest data, but sometimes mistakes might occur. If you think some content on our site is not updated, please let us know by emailing us at: info.comparedoo@gmail.com
 Indicators  | Nigeria  | Hungary  |
|---|---|---|
1 BHK Apartment in City Center  | 500,000 NGN (650 USD) | 200,000 HUF (540 USD) |
2 BHK Apartment in City Center  | 800,000 NGN (1,040 USD) | 300,000 HUF (810 USD) |
3 BHK Apartment in City Center  | 1,200,000 NGN (1,560 USD) | 450,000 HUF (1,215 USD) |
1 BHK Apartment outside City Center  | 300,000 NGN (390 USD) | 120,000 HUF (324 USD) |
2 BHK Apartment outside City Center  | 500,000 NGN (650 USD) | 200,000 HUF (540 USD) |
3 BHK Apartment outside City Center  | 800,000 NGN (1,040 USD) | 300,000 HUF (810 USD) |
Mortgage Rates Per Month  | 1.8 % | 4 % |
Realtor Commission  | 5 % | 3 % |
Property Taxes  | 0.5 to 1.5 % | 0.5 to 1.0 % |
The average housing cost in Nigeria is 1.25 times more expensive than Hungary.
Indicators | Nigeria | Hungary |
|---|---|---|
Basic Home Furnishing  | 2,000,000 NGN (2,600 USD) | 500,000 HUF (1,350 USD) |
Electricity Cost Per Month  | 20,000 NGN (26 USD) | 20,000 HUF (54 USD) |
Heating Cost Per Month  | 15,000 NGN (19.50 USD) | 15,000 HUF (40.50 USD) |
Cooling Cost Per Month  | 25,000 NGN (32.50 USD) | 8,000 HUF (21.60 USD) |
Water Supply Cost Per Month  | 15,000 NGN (19.50 USD) | 5,000 HUF (13.50 USD) |
If you lived in Nigeria, instead of Hungary, you would have to pay 82.31% more for Utilities.
The basic home furnishing in Nigeria costs 1.93 times more compared to Hungary.
Indicators | Nigeria | Hungary |
|---|---|---|
Standard Wifi Cost Per Month  | 20,000 NGN (26 USD) | 10,000 HUF (27 USD) |
Mobile Phone Basic Plan Cost Per Month  | 7,000 NGN (9.10 USD) | 7,000 HUF (18.90 USD) |
Landline Basic Plan Cost Per Month  | 5,000 NGN (6.50 USD) | 4,000 HUF (10.80 USD) |
Cable TV Basic Plan Cost Per Month  | 15,000 NGN (19.50 USD) | 8,000 HUF (21.60 USD) |
The internet and communication costs 21.97% less in Nigeria compared to Hungary.
Indicators | Nigeria | Hungary |
|---|---|---|
Long Grain Rice (1 KG)  | 800 NGN (1.04 USD) | 600 HUF (1.62 USD) |
Milk (1 Liter)  | 400 NGN (0.52 USD) | 300 HUF (0.81 USD) |
Water (1 Liter)  | 200 NGN (0.26 USD) | 40 HUF (0.11 USD) |
Bread (500 gm)  | 300 NGN (0.39 USD) | 200 HUF (0.54 USD) |
Eggs (1 Dozen)  | 700 NGN (0.91 USD) | 400 HUF (1.08 USD) |
Cheese (1 KG)  | 1,500 NGN (1.95 USD) | 1,200 HUF (3.24 USD) |
Chicken Breast (1 KG)  | 1,500 NGN (1.95 USD) | 1,000 HUF (2.70 USD) |
In Nigeria, the cost of 1 Liter Water and 1 Liter Milk is 1.18 times less expensive than the cost in Hungary.
If you lived in Nigeria, instead of Hungary, you would have to pay 30.48% less for Groceries.
Indicators | Nigeria | Hungary |
|---|---|---|
Apples (1 KG)  | 1,000 NGN (1.30 USD) | 1,000 HUF (2.70 USD) |
Bananas (1 KG)  | 600 NGN (0.78 USD) | 600 HUF (1.62 USD) |
Oranges (1 KG)  | 800 NGN (1.04 USD) | 800 HUF (2.16 USD) |
Tomatoes (1 KG)  | 600 NGN (0.78 USD) | 500 HUF (1.35 USD) |
Potatoes (1 KG)  | 500 NGN (0.65 USD) | 400 HUF (1.08 USD) |
Lemons (1 KG)  | 800 NGN (1.04 USD) | 800 HUF (2.16 USD) |
Onions (1 KG)  | 600 NGN (0.78 USD) | 600 HUF (1.62 USD) |
Lentils (1 KG)  | 1,000 NGN (1.30 USD) | 700 HUF (1.89 USD) |
If you lived in Nigeria, instead of Hungary, you would have to pay 1.90 times less for Fruits and Vegetables.
Indicators | Nigeria | Hungary |
|---|---|---|
Meal at a Resonable Restaurant  | 2,000 NGN (2.60 USD) | 2,500 HUF (6.75 USD) |
Three-Course Meal for Two  | 7,000 NGN (9.10 USD) | 6,000 HUF (16.20 USD) |
Fast Food Combo Meal  | 1,000 NGN (1.30 USD) | 1,200 HUF (3.24 USD) |
Normal Coffee  | 300 NGN (0.39 USD) | 400 HUF (1.08 USD) |
Soft Drink  | 200 NGN (0.26 USD) | 200 HUF (0.54 USD) |
Pizza for One  | 3,000 NGN (3.90 USD) | 2,000 HUF (5.40 USD) |
Take-Out Delivery Meal  | 2,000 NGN (2.60 USD) | 2,500 HUF (6.75 USD) |
Cigarette Pack of 20  | 1,500 NGN (1.95 USD) | 1,000 HUF (2.70 USD) |
Dining-Out costs 48.20% less in Nigeria compared to Hungary.
Indicators | Nigeria | Hungary |
|---|---|---|
Wine Mid-Range Bottle  | 3,000 NGN (3.90 USD) | 2,000 HUF (5.40 USD) |
Glass of Wine  | 1,500 NGN (1.95 USD) | 1,000 HUF (2.70 USD) |
Domestic Beer Half Liter  | 600 NGN (0.78 USD) | 500 HUF (1.35 USD) |
Imported Beer Half Liter  | 1,200 NGN (1.56 USD) | 700 HUF (1.89 USD) |
Domestic Alcohol 1 Liter  | 3,000 NGN (3.90 USD) | 2,500 HUF (6.75 USD) |
Branded Alcohol 1 Liter  | 5,000 NGN (6.50 USD) | 3,500 HUF (9.45 USD) |
If you lived in Nigeria, instead of Hungary, you would have to pay 1.48 times less for usual hard drinks.
Indicators | Nigeria | Hungary |
|---|---|---|
Monthly Public Transportation Pass  | 15,000 NGN (19.50 USD) | 15,000 HUF (40.50 USD) |
Single Public Transportation Ticket  | 200 NGN (0.26 USD) | 300 HUF (0.81 USD) |
Single Train Ticket  | Yet to Update () | 3,000 HUF (8.10 USD) |
Domestic Airplane Ticket  | 50,000 NGN (65 USD) | 20,000 HUF (54 USD) |
Taxi Start Fare  | 500 NGN (0.65 USD) | 500 HUF (1.35 USD) |
Taxi Rate Per Kilometer  | 300 NGN (0.39 USD) | 300 HUF (0.81 USD) |
Car Rental Per Day  | 15,000 NGN (19.50 USD) | 10,000 HUF (27 USD) |
Parking Fees in City Center Per Hour  | 200 NGN (0.26 USD) | 500 HUF (1.35 USD) |
Parking Fees outside City Center Per Hour  | 100 NGN (0.13 USD) | 300 HUF (0.81 USD) |
If you lived in Nigeria, instead of Hungary, you would have to pay 1.27 times less for transportation.
Indicators | Nigeria | Hungary |
|---|---|---|
Reasonable Vehicle Purchase Cost  | 1,500,000 NGN (1,950 USD) | 4,000,000 HUF (10,800 USD) |
Vehicle Registration Cost  | 50,000 NGN (65 USD) | 10,000 HUF (27 USD) |
Driving License Fees  | 10,000 NGN (13 USD) | 2,000 HUF (5.40 USD) |
Car Insurance Cost  | 30,000 NGN (39 USD) | 40,000 HUF (108 USD) |
Car Maintenance Cost  | 15,000 NGN (19.50 USD) | 10,000 HUF (27 USD) |
Car Loan Interest Rates  | 12 % | 6 % |
Fuel Per Liter  | 300 NGN (0.39 USD) | 400 HUF (1.08 USD) |
Fuel Per Gallon  | 1,200 NGN (1.56 USD) | 1,600 HUF (4.32 USD) |
Average Toll Fees  | Yet to Update | 1,000 HUF 2.70 USD |
You would have to pay 5.26 times less for Vehicle purchase, daily operation and maintenance in Nigeria compared to that of Hungary.
Indicators | Nigeria | Hungary |
|---|---|---|
Doctor Visit  | 3,000 NGN (3.90 USD) | 4,000 HUF (10.80 USD) |
Specialist Visit  | 7,000 NGN (9.10 USD) | 8,000 HUF (21.60 USD) |
Dentist Visit  | 5,000 NGN (6.50 USD) | 5,000 HUF (13.50 USD) |
Eye Exam  | 2,000 NGN (2.60 USD) | 2,000 HUF (5.40 USD) |
Mental Health Counseling  | 5,000 NGN (6.50 USD) | 8,000 HUF (21.60 USD) |
Preventive Health Screening  | 3,000 NGN (3.90 USD) | 4,000 HUF (10.80 USD) |
Physical Therapy  | 3,000 NGN (3.90 USD) | 5,000 HUF (13.50 USD) |
Emergency Room Visit  | 25,000 NGN (32.50 USD) | 10,000 HUF (27 USD) |
Hospital Stay Per Night  | 15,000 NGN (19.50 USD) | 15,000 HUF (40.50 USD) |
Vaccinations  | 2,000 NGN (2.60 USD) | 2,000 HUF (5.40 USD) |
Prescription Medication  | 1,000 NGN (1.30 USD) | 1,000 HUF (2.70 USD) |
Over the Counter Medication  | 500 NGN (0.65 USD) | 500 HUF (1.35 USD) |
Health Insurance Premiums  | 25,000 NGN (32.50 USD) | 15,000 HUF (40.50 USD) |
Health Insurance Deductibles  | 10,000 NGN (13 USD) | 4,000 HUF (10.80 USD) |
If you lived in Nigeria, instead of Hungary, you would have to pay 1.63 times less for Health and Medical Treatment.
Indicators | Nigeria | Hungary |
|---|---|---|
Cosmetic Procedures  | 8,000 NGN (10.40 USD) | 15,000 HUF (40.50 USD) |
Spa Treatment  | 5,000 NGN (6.50 USD) | 8,000 HUF (21.60 USD) |
Manicure Pedicure Cost  | 2,000 NGN (2.60 USD) | 2,000 HUF (5.40 USD) |
Optical Glasses Cost  | 5,000 NGN (6.50 USD) | 8,000 HUF (21.60 USD) |
Contact Lenses Cost  | 3,000 NGN (3.90 USD) | 4,000 HUF (10.80 USD) |
Haircuts  | 1,500 NGN (1.95 USD) | 2,000 HUF (5.40 USD) |
Hair Coloring  | 3,000 NGN (3.90 USD) | 6,000 HUF (16.20 USD) |
Shampoo Price  | 500 NGN (0.65 USD) | 400 HUF (1.08 USD) |
Toothpaste Price  | 200 NGN (0.26 USD) | 200 HUF (0.54 USD) |
If you lived in Nigeria, instead of Hungary, you would have to pay 3.36 times less for Personal Care Items and Treatment.
Indicators | Nigeria | Hungary |
|---|---|---|
Pair of Nike Running Shoes  | 40,000 NGN (52 USD) | 30,000 HUF (81 USD) |
Men's Shirt  | 6,000 NGN (7.80 USD) | 4,000 HUF (10.80 USD) |
Women's Dress  | 12,000 NGN (15.60 USD) | 8,000 HUF (21.60 USD) |
Summer Dress  | 8,000 NGN (10.40 USD) | 4,000 HUF (10.80 USD) |
Men's Suit  | 30,000 NGN (39 USD) | 30,000 HUF (81 USD) |
Men's Jeans  | 10,000 NGN (13 USD) | 6,000 HUF (16.20 USD) |
Women's Jeans  | 8,000 NGN (10.40 USD) | 5,000 HUF (13.50 USD) |
Men's Formal Shoes  | 20,000 NGN (26 USD) | 6,000 HUF (16.20 USD) |
Women's Formal Shoes  | 20,000 NGN (26 USD) | 6,000 HUF (16.20 USD) |
Men's Casual Shoes  | 15,000 NGN (19.50 USD) | 4,000 HUF (10.80 USD) |
Women's Casual Shoes  | 12,000 NGN (15.60 USD) | 3,000 HUF (8.10 USD) |
Underwear For Men  | 1,000 NGN (1.30 USD) | 600 HUF (1.62 USD) |
Underwear For Women  | 1,500 NGN (1.95 USD) | 800 HUF (2.16 USD) |
Socks For Men  | 500 NGN (0.65 USD) | 200 HUF (0.54 USD) |
Socks For Women  | 500 NGN (0.65 USD) | 250 HUF (0.68 USD) |
Wintercoat for Adults  | 12,000 NGN (15.60 USD) | 8,000 HUF (21.60 USD) |
Sportswear  | 8,000 NGN (10.40 USD) | 4,000 HUF (10.80 USD) |
If you lived in Nigeria, instead of Hungary, you would have to pay 1.22 times less for Clothing and Footwear for Adults.
Indicators | Nigeria | Hungary |
|---|---|---|
Children's Jeans  | 4,000 NGN (5.20 USD) | 3,000 HUF (8.10 USD) |
Children's Normal Sneakers  | 6,000 NGN (7.80 USD) | 4,000 HUF (10.80 USD) |
Children's Winter Coat  | 8,000 NGN (10.40 USD) | 6,000 HUF (16.20 USD) |
Daycare for Infant  | 25,000 NGN (32.50 USD) | 20,000 HUF (54 USD) |
Daycare for Toddler  | 20,000 NGN (26 USD) | 15,000 HUF (40.50 USD) |
Childcare for Sick Days  | 4,000 NGN (5.20 USD) | 1,000 HUF (2.70 USD) |
Early Childhood Education Programs  | 20,000 NGN (26 USD) | 5,000 HUF (13.50 USD) |
Extra Curricular Activities  | 6,000 NGN (7.80 USD) | 2,000 HUF (5.40 USD) |
Summer Camp for Kids  | 20,000 NGN (26 USD) | 5,000 HUF (13.50 USD) |
If you lived in Nigeria, instead of Hungary, you would have to pay 1.12 times less for Childcare and kids clothing.
Indicators | Nigeria | Hungary |
|---|---|---|
PreSchool Fees  | 40,000 NGN (52 USD) | 25,000 HUF (67.50 USD) |
Primary School Fees  | 60,000 NGN (78 USD) | 40,000 HUF (108 USD) |
Secondary School Fees  | 70,000 NGN (91 USD) | 60,000 HUF (162 USD) |
Private School Fees  | 90,000 NGN (117 USD) | 80,000 HUF (216 USD) |
University Tuition Fees  | 120,000 NGN (156 USD) | 150,000 HUF (405 USD) |
University Private Tuition Fees  | 180,000 NGN (234 USD) | 200,000 HUF (540 USD) |
After School Activities  | 5,000 NGN (6.50 USD) | 3,000 HUF (8.10 USD) |
Special Education Services  | 30,000 NGN (39 USD) | 6,000 HUF (16.20 USD) |
Tutoring  | 3,000 NGN (3.90 USD) | 4,000 HUF (10.80 USD) |
Textbooks Cost  | 5,000 NGN (6.50 USD) | 3,000 HUF (8.10 USD) |
School Supplies  | 2,000 NGN (2.60 USD) | 1,000 HUF (2.70 USD) |
If you lived in Nigeria, instead of Hungary, you would have to pay 1.96 times less for school and education.
Indicators | Nigeria | Hungary |
|---|---|---|
Movie Ticket (Single)  | 1,500 NGN (1.95 USD) | 1,000 HUF (2.70 USD) |
Theater Ticket (Single)  | 2,000 NGN (2.60 USD) | 2,000 HUF (5.40 USD) |
Concert Ticket (Single)  | 3,000 NGN (3.90 USD) | 3,000 HUF (8.10 USD) |
Sports Event Ticket (Single)  | 2,500 NGN (3.25 USD) | 2,000 HUF (5.40 USD) |
Gym Membership  | 5,000 NGN (6.50 USD) | 8,000 HUF (21.60 USD) |
Swimming Pool Access  | 3,000 NGN (3.90 USD) | 6,000 HUF (16.20 USD) |
Museum Entry Ticket  | 1,000 NGN (1.30 USD) | 1,000 HUF (2.70 USD) |
Zoo Entry Ticket  | 1,500 NGN (1.95 USD) | 1,500 HUF (4.05 USD) |
Amusement Park Entry Ticket  | 2,000 NGN (2.60 USD) | 3,000 HUF (8.10 USD) |
Bowling  | 1,500 NGN (1.95 USD) | 1,500 HUF (4.05 USD) |
Mini Golf  | 1,500 NGN (1.95 USD) | 1,000 HUF (2.70 USD) |
Video Games  | 6,000 NGN (7.80 USD) | 5,000 HUF (13.50 USD) |
Streaming Services  | 2,000 NGN (2.60 USD) | 1,000 HUF (2.70 USD) |
Outdoor Equipment Rental  | 1,500 NGN (1.95 USD) | 1,000 HUF (2.70 USD) |
Theme Park Annual Pass  | 50,000 NGN (65 USD) | 40,000 HUF (108 USD) |
If you lived in Nigeria, instead of Hungary, you would have to pay 1.90 times less for entertainment, recreation and fun activities.
Indicators | Nigeria | Hungary |
|---|---|---|
Language Classes  | 25,000 NGN (32.50 USD) | 4,000 HUF (10.80 USD) |
Parenting Classes  | 15,000 NGN (19.50 USD) | 4,000 HUF (10.80 USD) |
Art Classes  | 3,000 NGN (3.90 USD) | 3,000 HUF (8.10 USD) |
Fitness Classes  | 2,000 NGN (2.60 USD) | 8,000 HUF (21.60 USD) |
Music Lessons  | 4,000 NGN (5.20 USD) | 4,000 HUF (10.80 USD) |
Dance Lessons  | 4,000 NGN (5.20 USD) | 4,000 HUF (10.80 USD) |
Reading Materials for Classes  | 1,000 NGN (1.30 USD) | 1,000 HUF (2.70 USD) |
Educational Software  | 15,000 NGN (19.50 USD) | 2,000 HUF (5.40 USD) |
If you lived in Nigeria, instead of Hungary, you would have to pay 1.11 times more for Private Classes.
Indicators | Nigeria | Hungary |
|---|---|---|
Average Gross Monthly Salary  | 200,000 NGN (260 USD) | 250,000 HUF (675 USD) |
Average Net Monthly Salary  | 120,000 NGN (156 USD) | 200,000 HUF (540 USD) |
Minimum Wages  | 1,000 NGN per hour (1.30 USD) | 2,666.67 HUF per hour (7.20 USD) |
Average Bonus  | 20,000 NGN (26 USD) | 30,000 HUF (81 USD) |
Income Tax Rate  | 0 to 7.5 % | 0 to 27 % |
Social Security Contributions  | 7 % | 7 % |
Pension Contributions  | 8 % | 7 % |
Cost of Living Index  | 40 | 70 |
Median Household Income  | 1,200,000 NGN (1,560 USD) | 300,000 HUF (810 USD) |
If you lived in Nigeria, you would earn 1.05 times less salary as compared to Hungary.
Indicators | Nigeria | Hungary |
|---|---|---|
Legal Consultation Per Hour Rate  | 5,000 NGN (6.50 USD) | 6,000 HUF (16.20 USD) |
Accounting Services Per Hour Rate  | 7,000 NGN (9.10 USD) | 4,000 HUF (10.80 USD) |
IT Support Services Per Hour Rate  | 7,000 NGN (9.10 USD) | 3,000 HUF (8.10 USD) |
Technician Services Per Hour Rate  | 6,000 NGN (7.80 USD) | 2,000 HUF (5.40 USD) |
Professional Services cost 1.25 times less in Nigeria, as compared to Hungary.
We hope you enjoyed the detailed guide on the cost of living comparsion between Nigeria and Hungary.
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