Published: Monday, 21th October 2024
The cost of living in Nigeria is 6.31 times less expensive as compared to New Zealand.
On this page, you will find side-by-side cost comparison between Nigeria and New Zealand. 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 New Zealand.
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Indicators | Nigeria | New Zealand |
---|---|---|
1 BHK Apartment in City Center | 500,000 NGN (650 USD) | 2,200 NZD (1,287.22 USD) |
2 BHK Apartment in City Center | 800,000 NGN (1,040 USD) | 3,200 NZD (1,872.32 USD) |
3 BHK Apartment in City Center | 1,200,000 NGN (1,560 USD) | 4,200 NZD (2,457.42 USD) |
1 BHK Apartment outside City Center | 300,000 NGN (390 USD) | 1,400 NZD (819.14 USD) |
2 BHK Apartment outside City Center | 500,000 NGN (650 USD) | 2,100 NZD (1,228.71 USD) |
3 BHK Apartment outside City Center | 800,000 NGN (1,040 USD) | 2,800 NZD (1,638.28 USD) |
Mortgage Rates Per Month | 1.8 % | 1.9 % |
Realtor Commission | 5 % | 2 % |
Property Taxes | 0.5 to 1.5 % | 0.4 to 1.5 % |
The average housing cost in Nigeria is 1.78 times less expensive than New Zealand.
Indicators | Nigeria | New Zealand |
---|---|---|
Basic Home Furnishing | 2,000,000 NGN (2,600 USD) | 18,000 NZD (10,531.80 USD) |
Electricity Cost Per Month | 20,000 NGN (26 USD) | 250 NZD (146.27 USD) |
Heating Cost Per Month | 15,000 NGN (19.50 USD) | 200 NZD (117.02 USD) |
Cooling Cost Per Month | 25,000 NGN (32.50 USD) | 150 NZD (87.76 USD) |
Water Supply Cost Per Month | 15,000 NGN (19.50 USD) | 120 NZD (70.21 USD) |
If you lived in Nigeria, instead of New Zealand, you would have to pay 75.37% less for Utilities.
The basic home furnishing in Nigeria costs 4.05 times less compared to New Zealand.
Indicators | Nigeria | New Zealand |
---|---|---|
Standard Wifi Cost Per Month | 20,000 NGN (26 USD) | 200 NZD (117.02 USD) |
Mobile Phone Basic Plan Cost Per Month | 7,000 NGN (9.10 USD) | 120 NZD (70.21 USD) |
Landline Basic Plan Cost Per Month | 5,000 NGN (6.50 USD) | 60 NZD (35.11 USD) |
Cable TV Basic Plan Cost Per Month | 15,000 NGN (19.50 USD) | 100 NZD (58.51 USD) |
The internet and communication costs 78.24% less in Nigeria compared to New Zealand.
Indicators | Nigeria | New Zealand |
---|---|---|
Long Grain Rice (1 KG) | 800 NGN (1.04 USD) | 3.20 NZD (1.87 USD) |
Milk (1 Liter) | 400 NGN (0.52 USD) | 1.90 NZD (1.11 USD) |
Water (1 Liter) | 200 NGN (0.26 USD) | 1 NZD (0.59 USD) |
Bread (500 gm) | 300 NGN (0.39 USD) | 2.60 NZD (1.52 USD) |
Eggs (1 Dozen) | 700 NGN (0.91 USD) | 4.50 NZD (2.63 USD) |
Cheese (1 KG) | 1,500 NGN (1.95 USD) | 10 NZD (5.85 USD) |
Chicken Breast (1 KG) | 1,500 NGN (1.95 USD) | 15 NZD (8.78 USD) |
In Nigeria, the cost of 1 Liter Water and 1 Liter Milk is 2.18 times less expensive than the cost in New Zealand.
If you lived in Nigeria, instead of New Zealand, you would have to pay 68.59% less for Groceries.
Indicators | Nigeria | New Zealand |
---|---|---|
Apples (1 KG) | 1,000 NGN (1.30 USD) | 3 NZD (1.76 USD) |
Bananas (1 KG) | 600 NGN (0.78 USD) | 2.50 NZD (1.46 USD) |
Oranges (1 KG) | 800 NGN (1.04 USD) | 3 NZD (1.76 USD) |
Tomatoes (1 KG) | 600 NGN (0.78 USD) | 3 NZD (1.76 USD) |
Potatoes (1 KG) | 500 NGN (0.65 USD) | 2.50 NZD (1.46 USD) |
Lemons (1 KG) | 800 NGN (1.04 USD) | 3 NZD (1.76 USD) |
Onions (1 KG) | 600 NGN (0.78 USD) | 2.50 NZD (1.46 USD) |
Lentils (1 KG) | 1,000 NGN (1.30 USD) | 3.50 NZD (2.05 USD) |
If you lived in Nigeria, instead of New Zealand, you would have to pay 1.75 times less for Fruits and Vegetables.
Indicators | Nigeria | New Zealand |
---|---|---|
Meal at a Resonable Restaurant | 2,000 NGN (2.60 USD) | 20 NZD (11.70 USD) |
Three-Course Meal for Two | 7,000 NGN (9.10 USD) | 60 NZD (35.11 USD) |
Fast Food Combo Meal | 1,000 NGN (1.30 USD) | 12 NZD (7.02 USD) |
Normal Coffee | 300 NGN (0.39 USD) | 4 NZD (2.34 USD) |
Soft Drink | 200 NGN (0.26 USD) | 2.50 NZD (1.46 USD) |
Pizza for One | 3,000 NGN (3.90 USD) | 15 NZD (8.78 USD) |
Take-Out Delivery Meal | 2,000 NGN (2.60 USD) | 20 NZD (11.70 USD) |
Cigarette Pack of 20 | 1,500 NGN (1.95 USD) | 10 NZD (5.85 USD) |
Dining-Out costs 73.68% less in Nigeria compared to New Zealand.
Indicators | Nigeria | New Zealand |
---|---|---|
Wine Mid-Range Bottle | 3,000 NGN (3.90 USD) | 12 NZD (7.02 USD) |
Glass of Wine | 1,500 NGN (1.95 USD) | 6 NZD (3.51 USD) |
Domestic Beer Half Liter | 600 NGN (0.78 USD) | 2.50 NZD (1.46 USD) |
Imported Beer Half Liter | 1,200 NGN (1.56 USD) | 3 NZD (1.76 USD) |
Domestic Alcohol 1 Liter | 3,000 NGN (3.90 USD) | 15 NZD (8.78 USD) |
Branded Alcohol 1 Liter | 5,000 NGN (6.50 USD) | 30 NZD (17.55 USD) |
If you lived in Nigeria, instead of New Zealand, you would have to pay 2.16 times less for usual hard drinks.
Indicators | Nigeria | New Zealand |
---|---|---|
Monthly Public Transportation Pass | 15,000 NGN (19.50 USD) | 150 NZD (87.76 USD) |
Single Public Transportation Ticket | 200 NGN (0.26 USD) | 3.50 NZD (2.05 USD) |
Single Train Ticket | Yet to Update () | 25 NZD (14.63 USD) |
Domestic Airplane Ticket | 50,000 NGN (65 USD) | 150 NZD (87.76 USD) |
Taxi Start Fare | 500 NGN (0.65 USD) | 4 NZD (2.34 USD) |
Taxi Rate Per Kilometer | 300 NGN (0.39 USD) | 2.50 NZD (1.46 USD) |
Car Rental Per Day | 15,000 NGN (19.50 USD) | 70 NZD (40.96 USD) |
Parking Fees in City Center Per Hour | 200 NGN (0.26 USD) | 4 NZD (2.34 USD) |
Parking Fees outside City Center Per Hour | 100 NGN (0.13 USD) | 2 NZD (1.17 USD) |
If you lived in Nigeria, instead of New Zealand, you would have to pay 2.28 times less for transportation.
Indicators | Nigeria | New Zealand |
---|---|---|
Reasonable Vehicle Purchase Cost | 1,500,000 NGN (1,950 USD) | 30,000 NZD (17,553 USD) |
Vehicle Registration Cost | 50,000 NGN (65 USD) | 300 NZD (175.53 USD) |
Driving License Fees | 10,000 NGN (13 USD) | 80 NZD (46.81 USD) |
Car Insurance Cost | 30,000 NGN (39 USD) | 120 NZD (70.21 USD) |
Car Maintenance Cost | 15,000 NGN (19.50 USD) | 100 NZD (58.51 USD) |
Car Loan Interest Rates | 12 % | 6 % |
Fuel Per Liter | 300 NGN (0.39 USD) | 2.30 NZD (1.35 USD) |
Fuel Per Gallon | 1,200 NGN (1.56 USD) | 8.70 NZD (5.09 USD) |
Average Toll Fees | Yet to Update | Yet to Update |
You would have to pay 8.58 times less for Vehicle purchase, daily operation and maintenance in Nigeria compared to that of New Zealand.
Indicators | Nigeria | New Zealand |
---|---|---|
Doctor Visit | 3,000 NGN (3.90 USD) | 60 NZD (35.11 USD) |
Specialist Visit | 7,000 NGN (9.10 USD) | 120 NZD (70.21 USD) |
Dentist Visit | 5,000 NGN (6.50 USD) | 80 NZD (46.81 USD) |
Eye Exam | 2,000 NGN (2.60 USD) | 40 NZD (23.40 USD) |
Mental Health Counseling | 5,000 NGN (6.50 USD) | 80 NZD (46.81 USD) |
Preventive Health Screening | 3,000 NGN (3.90 USD) | 40 NZD (23.40 USD) |
Physical Therapy | 3,000 NGN (3.90 USD) | 60 NZD (35.11 USD) |
Emergency Room Visit | 25,000 NGN (32.50 USD) | 300 NZD (175.53 USD) |
Hospital Stay Per Night | 15,000 NGN (19.50 USD) | 200 NZD (117.02 USD) |
Vaccinations | 2,000 NGN (2.60 USD) | 30 NZD (17.55 USD) |
Prescription Medication | 1,000 NGN (1.30 USD) | 25 NZD (14.63 USD) |
Over the Counter Medication | 500 NGN (0.65 USD) | 15 NZD (8.78 USD) |
Health Insurance Premiums | 25,000 NGN (32.50 USD) | 250 NZD (146.27 USD) |
Health Insurance Deductibles | 10,000 NGN (13 USD) | 60 NZD (35.11 USD) |
If you lived in Nigeria, instead of New Zealand, you would have to pay 5.75 times less for Health and Medical Treatment.
Indicators | Nigeria | New Zealand |
---|---|---|
Cosmetic Procedures | 8,000 NGN (10.40 USD) | 250 NZD (146.27 USD) |
Spa Treatment | 5,000 NGN (6.50 USD) | 120 NZD (70.21 USD) |
Manicure Pedicure Cost | 2,000 NGN (2.60 USD) | 40 NZD (23.40 USD) |
Optical Glasses Cost | 5,000 NGN (6.50 USD) | 100 NZD (58.51 USD) |
Contact Lenses Cost | 3,000 NGN (3.90 USD) | 60 NZD (35.11 USD) |
Haircuts | 1,500 NGN (1.95 USD) | 30 NZD (17.55 USD) |
Hair Coloring | 3,000 NGN (3.90 USD) | 70 NZD (40.96 USD) |
Shampoo Price | 500 NGN (0.65 USD) | 5 NZD (2.93 USD) |
Toothpaste Price | 200 NGN (0.26 USD) | 3 NZD (1.76 USD) |
If you lived in Nigeria, instead of New Zealand, you would have to pay 10.82 times less for Personal Care Items and Treatment.
Indicators | Nigeria | New Zealand |
---|---|---|
Pair of Nike Running Shoes | 40,000 NGN (52 USD) | 130 NZD (76.06 USD) |
Men's Shirt | 6,000 NGN (7.80 USD) | 60 NZD (35.11 USD) |
Women's Dress | 12,000 NGN (15.60 USD) | 90 NZD (52.66 USD) |
Summer Dress | 8,000 NGN (10.40 USD) | 70 NZD (40.96 USD) |
Men's Suit | 30,000 NGN (39 USD) | 350 NZD (204.78 USD) |
Men's Jeans | 10,000 NGN (13 USD) | 90 NZD (52.66 USD) |
Women's Jeans | 8,000 NGN (10.40 USD) | 90 NZD (52.66 USD) |
Men's Formal Shoes | 20,000 NGN (26 USD) | 100 NZD (58.51 USD) |
Women's Formal Shoes | 20,000 NGN (26 USD) | 100 NZD (58.51 USD) |
Men's Casual Shoes | 15,000 NGN (19.50 USD) | 80 NZD (46.81 USD) |
Women's Casual Shoes | 12,000 NGN (15.60 USD) | 80 NZD (46.81 USD) |
Underwear For Men | 1,000 NGN (1.30 USD) | 15 NZD (8.78 USD) |
Underwear For Women | 1,500 NGN (1.95 USD) | 20 NZD (11.70 USD) |
Socks For Men | 500 NGN (0.65 USD) | 5 NZD (2.93 USD) |
Socks For Women | 500 NGN (0.65 USD) | 5 NZD (2.93 USD) |
Wintercoat for Adults | 12,000 NGN (15.60 USD) | 120 NZD (70.21 USD) |
Sportswear | 8,000 NGN (10.40 USD) | 80 NZD (46.81 USD) |
If you lived in Nigeria, instead of New Zealand, you would have to pay 3.27 times less for Clothing and Footwear for Adults.
Indicators | Nigeria | New Zealand |
---|---|---|
Children's Jeans | 4,000 NGN (5.20 USD) | 50 NZD (29.25 USD) |
Children's Normal Sneakers | 6,000 NGN (7.80 USD) | 60 NZD (35.11 USD) |
Children's Winter Coat | 8,000 NGN (10.40 USD) | 70 NZD (40.96 USD) |
Daycare for Infant | 25,000 NGN (32.50 USD) | 1,200 NZD (702.12 USD) |
Daycare for Toddler | 20,000 NGN (26 USD) | 1,000 NZD (585.10 USD) |
Childcare for Sick Days | 4,000 NGN (5.20 USD) | 100 NZD (58.51 USD) |
Early Childhood Education Programs | 20,000 NGN (26 USD) | 1,000 NZD (585.10 USD) |
Extra Curricular Activities | 6,000 NGN (7.80 USD) | 300 NZD (175.53 USD) |
Summer Camp for Kids | 20,000 NGN (26 USD) | 1,000 NZD (585.10 USD) |
If you lived in Nigeria, instead of New Zealand, you would have to pay 19.04 times less for Childcare and kids clothing.
Indicators | Nigeria | New Zealand |
---|---|---|
PreSchool Fees | 40,000 NGN (52 USD) | 1,800 NZD (1,053.18 USD) |
Primary School Fees | 60,000 NGN (78 USD) | 5,000 NZD (2,925.50 USD) |
Secondary School Fees | 70,000 NGN (91 USD) | 6,000 NZD (3,510.60 USD) |
Private School Fees | 90,000 NGN (117 USD) | 8,000 NZD (4,680.80 USD) |
University Tuition Fees | 120,000 NGN (156 USD) | 12,000 NZD (7,021.20 USD) |
University Private Tuition Fees | 180,000 NGN (234 USD) | 18,000 NZD (10,531.80 USD) |
After School Activities | 5,000 NGN (6.50 USD) | 300 NZD (175.53 USD) |
Special Education Services | 30,000 NGN (39 USD) | 2,000 NZD (1,170.20 USD) |
Tutoring | 3,000 NGN (3.90 USD) | 150 NZD (87.76 USD) |
Textbooks Cost | 5,000 NGN (6.50 USD) | 600 NZD (351.06 USD) |
School Supplies | 2,000 NGN (2.60 USD) | 250 NZD (146.27 USD) |
If you lived in Nigeria, instead of New Zealand, you would have to pay 40.25 times less for school and education.
Indicators | Nigeria | New Zealand |
---|---|---|
Movie Ticket (Single) | 1,500 NGN (1.95 USD) | 15 NZD (8.78 USD) |
Theater Ticket (Single) | 2,000 NGN (2.60 USD) | 30 NZD (17.55 USD) |
Concert Ticket (Single) | 3,000 NGN (3.90 USD) | 50 NZD (29.25 USD) |
Sports Event Ticket (Single) | 2,500 NGN (3.25 USD) | 40 NZD (23.40 USD) |
Gym Membership | 5,000 NGN (6.50 USD) | 60 NZD (35.11 USD) |
Swimming Pool Access | 3,000 NGN (3.90 USD) | 40 NZD (23.40 USD) |
Museum Entry Ticket | 1,000 NGN (1.30 USD) | 15 NZD (8.78 USD) |
Zoo Entry Ticket | 1,500 NGN (1.95 USD) | 20 NZD (11.70 USD) |
Amusement Park Entry Ticket | 2,000 NGN (2.60 USD) | 30 NZD (17.55 USD) |
Bowling | 1,500 NGN (1.95 USD) | 15 NZD (8.78 USD) |
Mini Golf | 1,500 NGN (1.95 USD) | 15 NZD (8.78 USD) |
Video Games | 6,000 NGN (7.80 USD) | 60 NZD (35.11 USD) |
Streaming Services | 2,000 NGN (2.60 USD) | 15 NZD (8.78 USD) |
Outdoor Equipment Rental | 1,500 NGN (1.95 USD) | 25 NZD (14.63 USD) |
Theme Park Annual Pass | 50,000 NGN (65 USD) | 250 NZD (146.27 USD) |
If you lived in Nigeria, instead of New Zealand, you would have to pay 3.64 times less for entertainment, recreation and fun activities.
Indicators | Nigeria | New Zealand |
---|---|---|
Language Classes | 25,000 NGN (32.50 USD) | 1,200 NZD (702.12 USD) |
Parenting Classes | 15,000 NGN (19.50 USD) | 200 NZD (117.02 USD) |
Art Classes | 3,000 NGN (3.90 USD) | 25 NZD (14.63 USD) |
Fitness Classes | 2,000 NGN (2.60 USD) | 20 NZD (11.70 USD) |
Music Lessons | 4,000 NGN (5.20 USD) | 40 NZD (23.40 USD) |
Dance Lessons | 4,000 NGN (5.20 USD) | 40 NZD (23.40 USD) |
Reading Materials for Classes | 1,000 NGN (1.30 USD) | 15 NZD (8.78 USD) |
Educational Software | 15,000 NGN (19.50 USD) | 300 NZD (175.53 USD) |
If you lived in Nigeria, instead of New Zealand, you would have to pay 12.00 times less for Private Classes.
Indicators | Nigeria | New Zealand |
---|---|---|
Average Gross Monthly Salary | 200,000 NGN (260 USD) | 6,000 NZD (3,510.60 USD) |
Average Net Monthly Salary | 120,000 NGN (156 USD) | 4,500 NZD (2,632.95 USD) |
Minimum Wages | 1,000 NGN per hour (1.30 USD) | 100 NZD per hour (58.51 USD) |
Average Bonus | 20,000 NGN (26 USD) | 500 NZD (292.55 USD) |
Income Tax Rate | 0 to 7.5 % | 0 to 15 % |
Social Security Contributions | 7 % | 10 % |
Pension Contributions | 8 % | 10 % |
Cost of Living Index | 40 | 85 |
Median Household Income | 1,200,000 NGN (1,560 USD) | 5,000 NZD (2,925.50 USD) |
If you lived in Nigeria, you would earn 4.70 times less salary as compared to New Zealand.
Indicators | Nigeria | New Zealand |
---|---|---|
Legal Consultation Per Hour Rate | 5,000 NGN (6.50 USD) | 150 NZD (87.76 USD) |
Accounting Services Per Hour Rate | 7,000 NGN (9.10 USD) | 120 NZD (70.21 USD) |
IT Support Services Per Hour Rate | 7,000 NGN (9.10 USD) | 100 NZD (58.51 USD) |
Technician Services Per Hour Rate | 6,000 NGN (7.80 USD) | 80 NZD (46.81 USD) |
Professional Services cost 8.10 times less in Nigeria, as compared to New Zealand.
We hope you enjoyed the detailed guide on the cost of living comparsion between Nigeria and New Zealand.
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