Published: Monday, 21th October 2024
The cost of living in Nigeria is 3.61 times less expensive as compared to Saudi Arabia.
On this page, you will find side-by-side cost comparison between Nigeria and Saudi Arabia. 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 Saudi Arabia.
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 Indicators  | Nigeria  | Saudi Arabia  |
|---|---|---|
1 BHK Apartment in City Center  | 500,000 NGN (650 USD) | 3,000 SAR (810 USD) |
2 BHK Apartment in City Center  | 800,000 NGN (1,040 USD) | 5,000 SAR (1,350 USD) |
3 BHK Apartment in City Center  | 1,200,000 NGN (1,560 USD) | 7,000 SAR (1,890 USD) |
1 BHK Apartment outside City Center  | 300,000 NGN (390 USD) | 2,000 SAR (540 USD) |
2 BHK Apartment outside City Center  | 500,000 NGN (650 USD) | 3,500 SAR (945 USD) |
3 BHK Apartment outside City Center  | 800,000 NGN (1,040 USD) | 5,000 SAR (1,350 USD) |
Mortgage Rates Per Month  | 1.8 % | 0.8 % |
Realtor Commission  | 5 % | 2 % |
Property Taxes  | 0.5 to 1.5 % | Yet to Update |
The average housing cost in Nigeria is 1.29 times less expensive than Saudi Arabia.
Indicators | Nigeria | Saudi Arabia |
|---|---|---|
Basic Home Furnishing  | 2,000,000 NGN (2,600 USD) | 15,000 SAR (4,050 USD) |
Electricity Cost Per Month  | 20,000 NGN (26 USD) | 300 SAR (81 USD) |
Heating Cost Per Month  | 15,000 NGN (19.50 USD) | 200 SAR (54 USD) |
Cooling Cost Per Month  | 25,000 NGN (32.50 USD) | 250 SAR (67.50 USD) |
Water Supply Cost Per Month  | 15,000 NGN (19.50 USD) | 100 SAR (27 USD) |
If you lived in Nigeria, instead of Saudi Arabia, you would have to pay 36.97% less for Utilities.
The basic home furnishing in Nigeria costs 1.56 times less compared to Saudi Arabia.
Indicators | Nigeria | Saudi Arabia |
|---|---|---|
Standard Wifi Cost Per Month  | 20,000 NGN (26 USD) | 200 SAR (54 USD) |
Mobile Phone Basic Plan Cost Per Month  | 7,000 NGN (9.10 USD) | 100 SAR (27 USD) |
Landline Basic Plan Cost Per Month  | 5,000 NGN (6.50 USD) | 80 SAR (21.60 USD) |
Cable TV Basic Plan Cost Per Month  | 15,000 NGN (19.50 USD) | 150 SAR (40.50 USD) |
The internet and communication costs 57.30% less in Nigeria compared to Saudi Arabia.
Indicators | Nigeria | Saudi Arabia |
|---|---|---|
Long Grain Rice (1 KG)  | 800 NGN (1.04 USD) | 10 SAR (2.70 USD) |
Milk (1 Liter)  | 400 NGN (0.52 USD) | 5 SAR (1.35 USD) |
Water (1 Liter)  | 200 NGN (0.26 USD) | 2 SAR (0.54 USD) |
Bread (500 gm)  | 300 NGN (0.39 USD) | 2.50 SAR (0.68 USD) |
Eggs (1 Dozen)  | 700 NGN (0.91 USD) | 8 SAR (2.16 USD) |
Cheese (1 KG)  | 1,500 NGN (1.95 USD) | 30 SAR (8.10 USD) |
Chicken Breast (1 KG)  | 1,500 NGN (1.95 USD) | 20 SAR (5.40 USD) |
In Nigeria, the cost of 1 Liter Water and 1 Liter Milk is 2.42 times less expensive than the cost in Saudi Arabia.
If you lived in Nigeria, instead of Saudi Arabia, you would have to pay 66.45% less for Groceries.
Indicators | Nigeria | Saudi Arabia |
|---|---|---|
Apples (1 KG)  | 1,000 NGN (1.30 USD) | 8 SAR (2.16 USD) |
Bananas (1 KG)  | 600 NGN (0.78 USD) | 6 SAR (1.62 USD) |
Oranges (1 KG)  | 800 NGN (1.04 USD) | 7 SAR (1.89 USD) |
Tomatoes (1 KG)  | 600 NGN (0.78 USD) | 5 SAR (1.35 USD) |
Potatoes (1 KG)  | 500 NGN (0.65 USD) | 4 SAR (1.08 USD) |
Lemons (1 KG)  | 800 NGN (1.04 USD) | 10 SAR (2.70 USD) |
Onions (1 KG)  | 600 NGN (0.78 USD) | 5 SAR (1.35 USD) |
Lentils (1 KG)  | 1,000 NGN (1.30 USD) | 12 SAR (3.24 USD) |
If you lived in Nigeria, instead of Saudi Arabia, you would have to pay 2.01 times less for Fruits and Vegetables.
Indicators | Nigeria | Saudi Arabia |
|---|---|---|
Meal at a Resonable Restaurant  | 2,000 NGN (2.60 USD) | 40 SAR (10.80 USD) |
Three-Course Meal for Two  | 7,000 NGN (9.10 USD) | 150 SAR (40.50 USD) |
Fast Food Combo Meal  | 1,000 NGN (1.30 USD) | 25 SAR (6.75 USD) |
Normal Coffee  | 300 NGN (0.39 USD) | 10 SAR (2.70 USD) |
Soft Drink  | 200 NGN (0.26 USD) | 5 SAR (1.35 USD) |
Pizza for One  | 3,000 NGN (3.90 USD) | 60 SAR (16.20 USD) |
Take-Out Delivery Meal  | 2,000 NGN (2.60 USD) | 35 SAR (9.45 USD) |
Cigarette Pack of 20  | 1,500 NGN (1.95 USD) | 25 SAR (6.75 USD) |
Dining-Out costs 76.61% less in Nigeria compared to Saudi Arabia.
Indicators | Nigeria | Saudi Arabia |
|---|---|---|
Wine Mid-Range Bottle  | 3,000 NGN (3.90 USD) | 80 SAR (21.60 USD) |
Glass of Wine  | 1,500 NGN (1.95 USD) | 30 SAR (8.10 USD) |
Domestic Beer Half Liter  | 600 NGN (0.78 USD) | 15 SAR (4.05 USD) |
Imported Beer Half Liter  | 1,200 NGN (1.56 USD) | 20 SAR (5.40 USD) |
Domestic Alcohol 1 Liter  | 3,000 NGN (3.90 USD) | 150 SAR (40.50 USD) |
Branded Alcohol 1 Liter  | 5,000 NGN (6.50 USD) | 200 SAR (54 USD) |
If you lived in Nigeria, instead of Saudi Arabia, you would have to pay 7.19 times less for usual hard drinks.
Indicators | Nigeria | Saudi Arabia |
|---|---|---|
Monthly Public Transportation Pass  | 15,000 NGN (19.50 USD) | 200 SAR (54 USD) |
Single Public Transportation Ticket  | 200 NGN (0.26 USD) | 5 SAR (1.35 USD) |
Single Train Ticket  | Yet to Update () | Yet to Update () |
Domestic Airplane Ticket  | 50,000 NGN (65 USD) | 500 SAR (135 USD) |
Taxi Start Fare  | 500 NGN (0.65 USD) | 10 SAR (2.70 USD) |
Taxi Rate Per Kilometer  | 300 NGN (0.39 USD) | 3 SAR (0.81 USD) |
Car Rental Per Day  | 15,000 NGN (19.50 USD) | 150 SAR (40.50 USD) |
Parking Fees in City Center Per Hour  | 200 NGN (0.26 USD) | 20 SAR (5.40 USD) |
Parking Fees outside City Center Per Hour  | 100 NGN (0.13 USD) | 10 SAR (2.70 USD) |
If you lived in Nigeria, instead of Saudi Arabia, you would have to pay 2.29 times less for transportation.
Indicators | Nigeria | Saudi Arabia |
|---|---|---|
Reasonable Vehicle Purchase Cost  | 1,500,000 NGN (1,950 USD) | 60,000 SAR (16,200 USD) |
Vehicle Registration Cost  | 50,000 NGN (65 USD) | 1,000 SAR (270 USD) |
Driving License Fees  | 10,000 NGN (13 USD) | 500 SAR (135 USD) |
Car Insurance Cost  | 30,000 NGN (39 USD) | 2,000 SAR (540 USD) |
Car Maintenance Cost  | 15,000 NGN (19.50 USD) | 500 SAR (135 USD) |
Car Loan Interest Rates  | 12 % | 5 % |
Fuel Per Liter  | 300 NGN (0.39 USD) | 2.50 SAR (0.68 USD) |
Fuel Per Gallon  | 1,200 NGN (1.56 USD) | 9.50 SAR (2.57 USD) |
Average Toll Fees  | Yet to Update | Yet to Update |
You would have to pay 8.28 times less for Vehicle purchase, daily operation and maintenance in Nigeria compared to that of Saudi Arabia.
Indicators | Nigeria | Saudi Arabia |
|---|---|---|
Doctor Visit  | 3,000 NGN (3.90 USD) | 300 SAR (81 USD) |
Specialist Visit  | 7,000 NGN (9.10 USD) | 500 SAR (135 USD) |
Dentist Visit  | 5,000 NGN (6.50 USD) | 350 SAR (94.50 USD) |
Eye Exam  | 2,000 NGN (2.60 USD) | 150 SAR (40.50 USD) |
Mental Health Counseling  | 5,000 NGN (6.50 USD) | 300 SAR (81 USD) |
Preventive Health Screening  | 3,000 NGN (3.90 USD) | 200 SAR (54 USD) |
Physical Therapy  | 3,000 NGN (3.90 USD) | 250 SAR (67.50 USD) |
Emergency Room Visit  | 25,000 NGN (32.50 USD) | 800 SAR (216 USD) |
Hospital Stay Per Night  | 15,000 NGN (19.50 USD) | 500 SAR (135 USD) |
Vaccinations  | 2,000 NGN (2.60 USD) | 150 SAR (40.50 USD) |
Prescription Medication  | 1,000 NGN (1.30 USD) | 100 SAR (27 USD) |
Over the Counter Medication  | 500 NGN (0.65 USD) | 50 SAR (13.50 USD) |
Health Insurance Premiums  | 25,000 NGN (32.50 USD) | 1,000 SAR (270 USD) |
Health Insurance Deductibles  | 10,000 NGN (13 USD) | 500 SAR (135 USD) |
If you lived in Nigeria, instead of Saudi Arabia, you would have to pay 10.04 times less for Health and Medical Treatment.
Indicators | Nigeria | Saudi Arabia |
|---|---|---|
Cosmetic Procedures  | 8,000 NGN (10.40 USD) | 1,000 SAR (270 USD) |
Spa Treatment  | 5,000 NGN (6.50 USD) | 200 SAR (54 USD) |
Manicure Pedicure Cost  | 2,000 NGN (2.60 USD) | 80 SAR (21.60 USD) |
Optical Glasses Cost  | 5,000 NGN (6.50 USD) | 500 SAR (135 USD) |
Contact Lenses Cost  | 3,000 NGN (3.90 USD) | 300 SAR (81 USD) |
Haircuts  | 1,500 NGN (1.95 USD) | 50 SAR (13.50 USD) |
Hair Coloring  | 3,000 NGN (3.90 USD) | 150 SAR (40.50 USD) |
Shampoo Price  | 500 NGN (0.65 USD) | 20 SAR (5.40 USD) |
Toothpaste Price  | 200 NGN (0.26 USD) | 10 SAR (2.70 USD) |
If you lived in Nigeria, instead of Saudi Arabia, you would have to pay 17.01 times less for Personal Care Items and Treatment.
Indicators | Nigeria | Saudi Arabia |
|---|---|---|
Pair of Nike Running Shoes  | 40,000 NGN (52 USD) | 500 SAR (135 USD) |
Men's Shirt  | 6,000 NGN (7.80 USD) | 100 SAR (27 USD) |
Women's Dress  | 12,000 NGN (15.60 USD) | 200 SAR (54 USD) |
Summer Dress  | 8,000 NGN (10.40 USD) | 150 SAR (40.50 USD) |
Men's Suit  | 30,000 NGN (39 USD) | 1,000 SAR (270 USD) |
Men's Jeans  | 10,000 NGN (13 USD) | 150 SAR (40.50 USD) |
Women's Jeans  | 8,000 NGN (10.40 USD) | 150 SAR (40.50 USD) |
Men's Formal Shoes  | 20,000 NGN (26 USD) | 250 SAR (67.50 USD) |
Women's Formal Shoes  | 20,000 NGN (26 USD) | 200 SAR (54 USD) |
Men's Casual Shoes  | 15,000 NGN (19.50 USD) | 200 SAR (54 USD) |
Women's Casual Shoes  | 12,000 NGN (15.60 USD) | 150 SAR (40.50 USD) |
Underwear For Men  | 1,000 NGN (1.30 USD) | 30 SAR (8.10 USD) |
Underwear For Women  | 1,500 NGN (1.95 USD) | 40 SAR (10.80 USD) |
Socks For Men  | 500 NGN (0.65 USD) | 10 SAR (2.70 USD) |
Socks For Women  | 500 NGN (0.65 USD) | 10 SAR (2.70 USD) |
Wintercoat for Adults  | 12,000 NGN (15.60 USD) | 300 SAR (81 USD) |
Sportswear  | 8,000 NGN (10.40 USD) | 150 SAR (40.50 USD) |
If you lived in Nigeria, instead of Saudi Arabia, you would have to pay 3.65 times less for Clothing and Footwear for Adults.
Indicators | Nigeria | Saudi Arabia |
|---|---|---|
Children's Jeans  | 4,000 NGN (5.20 USD) | 80 SAR (21.60 USD) |
Children's Normal Sneakers  | 6,000 NGN (7.80 USD) | 100 SAR (27 USD) |
Children's Winter Coat  | 8,000 NGN (10.40 USD) | 150 SAR (40.50 USD) |
Daycare for Infant  | 25,000 NGN (32.50 USD) | 1,500 SAR (405 USD) |
Daycare for Toddler  | 20,000 NGN (26 USD) | 1,200 SAR (324 USD) |
Childcare for Sick Days  | 4,000 NGN (5.20 USD) | 60 SAR (16.20 USD) |
Early Childhood Education Programs  | 20,000 NGN (26 USD) | 500 SAR (135 USD) |
Extra Curricular Activities  | 6,000 NGN (7.80 USD) | 300 SAR (81 USD) |
Summer Camp for Kids  | 20,000 NGN (26 USD) | 600 SAR (162 USD) |
If you lived in Nigeria, instead of Saudi Arabia, you would have to pay 8.25 times less for Childcare and kids clothing.
Indicators | Nigeria | Saudi Arabia |
|---|---|---|
PreSchool Fees  | 40,000 NGN (52 USD) | 2,000 SAR (540 USD) |
Primary School Fees  | 60,000 NGN (78 USD) | 3,000 SAR (810 USD) |
Secondary School Fees  | 70,000 NGN (91 USD) | 3,500 SAR (945 USD) |
Private School Fees  | 90,000 NGN (117 USD) | 4,000 SAR (1,080 USD) |
University Tuition Fees  | 120,000 NGN (156 USD) | 5,000 SAR (1,350 USD) |
University Private Tuition Fees  | 180,000 NGN (234 USD) | 6,000 SAR (1,620 USD) |
After School Activities  | 5,000 NGN (6.50 USD) | 200 SAR (54 USD) |
Special Education Services  | 30,000 NGN (39 USD) | 500 SAR (135 USD) |
Tutoring  | 3,000 NGN (3.90 USD) | 150 SAR (40.50 USD) |
Textbooks Cost  | 5,000 NGN (6.50 USD) | 100 SAR (27 USD) |
School Supplies  | 2,000 NGN (2.60 USD) | 50 SAR (13.50 USD) |
If you lived in Nigeria, instead of Saudi Arabia, you would have to pay 8.41 times less for school and education.
Indicators | Nigeria | Saudi Arabia |
|---|---|---|
Movie Ticket (Single)  | 1,500 NGN (1.95 USD) | 40 SAR (10.80 USD) |
Theater Ticket (Single)  | 2,000 NGN (2.60 USD) | 60 SAR (16.20 USD) |
Concert Ticket (Single)  | 3,000 NGN (3.90 USD) | 100 SAR (27 USD) |
Sports Event Ticket (Single)  | 2,500 NGN (3.25 USD) | 120 SAR (32.40 USD) |
Gym Membership  | 5,000 NGN (6.50 USD) | 200 SAR (54 USD) |
Swimming Pool Access  | 3,000 NGN (3.90 USD) | 150 SAR (40.50 USD) |
Museum Entry Ticket  | 1,000 NGN (1.30 USD) | 30 SAR (8.10 USD) |
Zoo Entry Ticket  | 1,500 NGN (1.95 USD) | 40 SAR (10.80 USD) |
Amusement Park Entry Ticket  | 2,000 NGN (2.60 USD) | 60 SAR (16.20 USD) |
Bowling  | 1,500 NGN (1.95 USD) | 40 SAR (10.80 USD) |
Mini Golf  | 1,500 NGN (1.95 USD) | 30 SAR (8.10 USD) |
Video Games  | 6,000 NGN (7.80 USD) | 200 SAR (54 USD) |
Streaming Services  | 2,000 NGN (2.60 USD) | 50 SAR (13.50 USD) |
Outdoor Equipment Rental  | 1,500 NGN (1.95 USD) | 70 SAR (18.90 USD) |
Theme Park Annual Pass  | 50,000 NGN (65 USD) | 1,000 SAR (270 USD) |
If you lived in Nigeria, instead of Saudi Arabia, you would have to pay 5.41 times less for entertainment, recreation and fun activities.
Indicators | Nigeria | Saudi Arabia |
|---|---|---|
Language Classes  | 25,000 NGN (32.50 USD) | 400 SAR (108 USD) |
Parenting Classes  | 15,000 NGN (19.50 USD) | 200 SAR (54 USD) |
Art Classes  | 3,000 NGN (3.90 USD) | 80 SAR (21.60 USD) |
Fitness Classes  | 2,000 NGN (2.60 USD) | 60 SAR (16.20 USD) |
Music Lessons  | 4,000 NGN (5.20 USD) | 100 SAR (27 USD) |
Dance Lessons  | 4,000 NGN (5.20 USD) | 100 SAR (27 USD) |
Reading Materials for Classes  | 1,000 NGN (1.30 USD) | 20 SAR (5.40 USD) |
Educational Software  | 15,000 NGN (19.50 USD) | 250 SAR (67.50 USD) |
If you lived in Nigeria, instead of Saudi Arabia, you would have to pay 3.64 times less for Private Classes.
Indicators | Nigeria | Saudi Arabia |
|---|---|---|
Average Gross Monthly Salary  | 200,000 NGN (260 USD) | 12,000 SAR (3,240 USD) |
Average Net Monthly Salary  | 120,000 NGN (156 USD) | 8,000 SAR (2,160 USD) |
Minimum Wages  | 1,000 NGN per hour (1.30 USD) | 100 SAR per hour (27 USD) |
Average Bonus  | 20,000 NGN (26 USD) | 3,000 SAR (810 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 | 75 |
Median Household Income  | 1,200,000 NGN (1,560 USD) | 8,000 SAR (2,160 USD) |
If you lived in Nigeria, you would earn 4.19 times less salary as compared to Saudi Arabia.
Indicators | Nigeria | Saudi Arabia |
|---|---|---|
Legal Consultation Per Hour Rate  | 5,000 NGN (6.50 USD) | 500 SAR (135 USD) |
Accounting Services Per Hour Rate  | 7,000 NGN (9.10 USD) | 400 SAR (108 USD) |
IT Support Services Per Hour Rate  | 7,000 NGN (9.10 USD) | 300 SAR (81 USD) |
Technician Services Per Hour Rate  | 6,000 NGN (7.80 USD) | 250 SAR (67.50 USD) |
Professional Services cost 12.05 times less in Nigeria, as compared to Saudi Arabia.
We hope you enjoyed the detailed guide on the cost of living comparsion between Nigeria and Saudi Arabia.
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