Published: Monday, 21th October 2024
The cost of living in Nigeria is 1.88 times less expensive as compared to Solomon Islands.
On this page, you will find side-by-side cost comparison between Nigeria and Solomon Islands. 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 Solomon Islands.
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Indicators | Nigeria | Solomon Islands |
---|---|---|
1 BHK Apartment in City Center | 500,000 NGN (650 USD) | 3,500 SBD (420 USD) |
2 BHK Apartment in City Center | 800,000 NGN (1,040 USD) | 5,000 SBD (600 USD) |
3 BHK Apartment in City Center | 1,200,000 NGN (1,560 USD) | 7,500 SBD (900 USD) |
1 BHK Apartment outside City Center | 300,000 NGN (390 USD) | 2,500 SBD (300 USD) |
2 BHK Apartment outside City Center | 500,000 NGN (650 USD) | 3,500 SBD (420 USD) |
3 BHK Apartment outside City Center | 800,000 NGN (1,040 USD) | 5,000 SBD (600 USD) |
Mortgage Rates Per Month | 1.8 % | 5 % |
Realtor Commission | 5 % | 3 % |
Property Taxes | 0.5 to 1.5 % | Yet to Update |
The average housing cost in Nigeria is 1.63 times more expensive than Solomon Islands.
Indicators | Nigeria | Solomon Islands |
---|---|---|
Basic Home Furnishing | 2,000,000 NGN (2,600 USD) | 12,000 SBD (1,440 USD) |
Electricity Cost Per Month | 20,000 NGN (26 USD) | 350 SBD (42 USD) |
Heating Cost Per Month | 15,000 NGN (19.50 USD) | 200 SBD (24 USD) |
Cooling Cost Per Month | 25,000 NGN (32.50 USD) | 150 SBD (18 USD) |
Water Supply Cost Per Month | 15,000 NGN (19.50 USD) | 100 SBD (12 USD) |
If you lived in Nigeria, instead of Solomon Islands, you would have to pay 75.62% more for Utilities.
The basic home furnishing in Nigeria costs 1.81 times more compared to Solomon Islands.
Indicators | Nigeria | Solomon Islands |
---|---|---|
Standard Wifi Cost Per Month | 20,000 NGN (26 USD) | 150 SBD (18 USD) |
Mobile Phone Basic Plan Cost Per Month | 7,000 NGN (9.10 USD) | 150 SBD (18 USD) |
Landline Basic Plan Cost Per Month | 5,000 NGN (6.50 USD) | 100 SBD (12 USD) |
Cable TV Basic Plan Cost Per Month | 15,000 NGN (19.50 USD) | 200 SBD (24 USD) |
The internet and communication costs 15.14% less in Nigeria compared to Solomon Islands.
Indicators | Nigeria | Solomon Islands |
---|---|---|
Long Grain Rice (1 KG) | 800 NGN (1.04 USD) | 18 SBD (2.16 USD) |
Milk (1 Liter) | 400 NGN (0.52 USD) | 14 SBD (1.68 USD) |
Water (1 Liter) | 200 NGN (0.26 USD) | 4 SBD (0.48 USD) |
Bread (500 gm) | 300 NGN (0.39 USD) | 12 SBD (1.44 USD) |
Eggs (1 Dozen) | 700 NGN (0.91 USD) | 35 SBD (4.20 USD) |
Cheese (1 KG) | 1,500 NGN (1.95 USD) | 55 SBD (6.60 USD) |
Chicken Breast (1 KG) | 1,500 NGN (1.95 USD) | 50 SBD (6 USD) |
In Nigeria, the cost of 1 Liter Water and 1 Liter Milk is 2.77 times less expensive than the cost in Solomon Islands.
If you lived in Nigeria, instead of Solomon Islands, you would have to pay 68.88% less for Groceries.
Indicators | Nigeria | Solomon Islands |
---|---|---|
Apples (1 KG) | 1,000 NGN (1.30 USD) | 20 SBD (2.40 USD) |
Bananas (1 KG) | 600 NGN (0.78 USD) | 12 SBD (1.44 USD) |
Oranges (1 KG) | 800 NGN (1.04 USD) | 22 SBD (2.64 USD) |
Tomatoes (1 KG) | 600 NGN (0.78 USD) | 18 SBD (2.16 USD) |
Potatoes (1 KG) | 500 NGN (0.65 USD) | 15 SBD (1.80 USD) |
Lemons (1 KG) | 800 NGN (1.04 USD) | 25 SBD (3 USD) |
Onions (1 KG) | 600 NGN (0.78 USD) | 20 SBD (2.40 USD) |
Lentils (1 KG) | 1,000 NGN (1.30 USD) | 20 SBD (2.40 USD) |
If you lived in Nigeria, instead of Solomon Islands, you would have to pay 2.38 times less for Fruits and Vegetables.
Indicators | Nigeria | Solomon Islands |
---|---|---|
Meal at a Resonable Restaurant | 2,000 NGN (2.60 USD) | 150 SBD (18 USD) |
Three-Course Meal for Two | 7,000 NGN (9.10 USD) | 500 SBD (60 USD) |
Fast Food Combo Meal | 1,000 NGN (1.30 USD) | 120 SBD (14.40 USD) |
Normal Coffee | 300 NGN (0.39 USD) | 30 SBD (3.60 USD) |
Soft Drink | 200 NGN (0.26 USD) | 15 SBD (1.80 USD) |
Pizza for One | 3,000 NGN (3.90 USD) | 150 SBD (18 USD) |
Take-Out Delivery Meal | 2,000 NGN (2.60 USD) | 120 SBD (14.40 USD) |
Cigarette Pack of 20 | 1,500 NGN (1.95 USD) | 40 SBD (4.80 USD) |
Dining-Out costs 83.63% less in Nigeria compared to Solomon Islands.
Indicators | Nigeria | Solomon Islands |
---|---|---|
Wine Mid-Range Bottle | 3,000 NGN (3.90 USD) | 200 SBD (24 USD) |
Glass of Wine | 1,500 NGN (1.95 USD) | 40 SBD (4.80 USD) |
Domestic Beer Half Liter | 600 NGN (0.78 USD) | 15 SBD (1.80 USD) |
Imported Beer Half Liter | 1,200 NGN (1.56 USD) | 25 SBD (3 USD) |
Domestic Alcohol 1 Liter | 3,000 NGN (3.90 USD) | 70 SBD (8.40 USD) |
Branded Alcohol 1 Liter | 5,000 NGN (6.50 USD) | 130 SBD (15.60 USD) |
If you lived in Nigeria, instead of Solomon Islands, you would have to pay 3.10 times less for usual hard drinks.
Indicators | Nigeria | Solomon Islands |
---|---|---|
Monthly Public Transportation Pass | 15,000 NGN (19.50 USD) | 200 SBD (24 USD) |
Single Public Transportation Ticket | 200 NGN (0.26 USD) | 15 SBD (1.80 USD) |
Single Train Ticket | Yet to Update () | Yet to Update () |
Domestic Airplane Ticket | 50,000 NGN (65 USD) | 1,000 SBD (120 USD) |
Taxi Start Fare | 500 NGN (0.65 USD) | 30 SBD (3.60 USD) |
Taxi Rate Per Kilometer | 300 NGN (0.39 USD) | 10 SBD (1.20 USD) |
Car Rental Per Day | 15,000 NGN (19.50 USD) | 400 SBD (48 USD) |
Parking Fees in City Center Per Hour | 200 NGN (0.26 USD) | 50 SBD (6 USD) |
Parking Fees outside City Center Per Hour | 100 NGN (0.13 USD) | 20 SBD (2.40 USD) |
If you lived in Nigeria, instead of Solomon Islands, you would have to pay 1.96 times less for transportation.
Indicators | Nigeria | Solomon Islands |
---|---|---|
Reasonable Vehicle Purchase Cost | 1,500,000 NGN (1,950 USD) | 90,000 SBD (10,800 USD) |
Vehicle Registration Cost | 50,000 NGN (65 USD) | 200 SBD (24 USD) |
Driving License Fees | 10,000 NGN (13 USD) | 150 SBD (18 USD) |
Car Insurance Cost | 30,000 NGN (39 USD) | 600 SBD (72 USD) |
Car Maintenance Cost | 15,000 NGN (19.50 USD) | 400 SBD (48 USD) |
Car Loan Interest Rates | 12 % | 7 % |
Fuel Per Liter | 300 NGN (0.39 USD) | 10 SBD (1.20 USD) |
Fuel Per Gallon | 1,200 NGN (1.56 USD) | 38 SBD (4.56 USD) |
Average Toll Fees | Yet to Update | 100 SBD 12 USD |
You would have to pay 5.26 times less for Vehicle purchase, daily operation and maintenance in Nigeria compared to that of Solomon Islands.
Indicators | Nigeria | Solomon Islands |
---|---|---|
Doctor Visit | 3,000 NGN (3.90 USD) | 200 SBD (24 USD) |
Specialist Visit | 7,000 NGN (9.10 USD) | 350 SBD (42 USD) |
Dentist Visit | 5,000 NGN (6.50 USD) | 250 SBD (30 USD) |
Eye Exam | 2,000 NGN (2.60 USD) | 150 SBD (18 USD) |
Mental Health Counseling | 5,000 NGN (6.50 USD) | 350 SBD (42 USD) |
Preventive Health Screening | 3,000 NGN (3.90 USD) | 200 SBD (24 USD) |
Physical Therapy | 3,000 NGN (3.90 USD) | 300 SBD (36 USD) |
Emergency Room Visit | 25,000 NGN (32.50 USD) | 800 SBD (96 USD) |
Hospital Stay Per Night | 15,000 NGN (19.50 USD) | 1,500 SBD (180 USD) |
Vaccinations | 2,000 NGN (2.60 USD) | 100 SBD (12 USD) |
Prescription Medication | 1,000 NGN (1.30 USD) | 80 SBD (9.60 USD) |
Over the Counter Medication | 500 NGN (0.65 USD) | 30 SBD (3.60 USD) |
Health Insurance Premiums | 25,000 NGN (32.50 USD) | 500 SBD (60 USD) |
Health Insurance Deductibles | 10,000 NGN (13 USD) | 1,000 SBD (120 USD) |
If you lived in Nigeria, instead of Solomon Islands, you would have to pay 5.04 times less for Health and Medical Treatment.
Indicators | Nigeria | Solomon Islands |
---|---|---|
Cosmetic Procedures | 8,000 NGN (10.40 USD) | 1,500 SBD (180 USD) |
Spa Treatment | 5,000 NGN (6.50 USD) | 500 SBD (60 USD) |
Manicure Pedicure Cost | 2,000 NGN (2.60 USD) | 100 SBD (12 USD) |
Optical Glasses Cost | 5,000 NGN (6.50 USD) | 300 SBD (36 USD) |
Contact Lenses Cost | 3,000 NGN (3.90 USD) | 150 SBD (18 USD) |
Haircuts | 1,500 NGN (1.95 USD) | 80 SBD (9.60 USD) |
Hair Coloring | 3,000 NGN (3.90 USD) | 200 SBD (24 USD) |
Shampoo Price | 500 NGN (0.65 USD) | 30 SBD (3.60 USD) |
Toothpaste Price | 200 NGN (0.26 USD) | 20 SBD (2.40 USD) |
If you lived in Nigeria, instead of Solomon Islands, you would have to pay 9.43 times less for Personal Care Items and Treatment.
Indicators | Nigeria | Solomon Islands |
---|---|---|
Pair of Nike Running Shoes | 40,000 NGN (52 USD) | 750 SBD (90 USD) |
Men's Shirt | 6,000 NGN (7.80 USD) | 250 SBD (30 USD) |
Women's Dress | 12,000 NGN (15.60 USD) | 400 SBD (48 USD) |
Summer Dress | 8,000 NGN (10.40 USD) | 300 SBD (36 USD) |
Men's Suit | 30,000 NGN (39 USD) | 1,200 SBD (144 USD) |
Men's Jeans | 10,000 NGN (13 USD) | 400 SBD (48 USD) |
Women's Jeans | 8,000 NGN (10.40 USD) | 400 SBD (48 USD) |
Men's Formal Shoes | 20,000 NGN (26 USD) | 800 SBD (96 USD) |
Women's Formal Shoes | 20,000 NGN (26 USD) | 700 SBD (84 USD) |
Men's Casual Shoes | 15,000 NGN (19.50 USD) | 500 SBD (60 USD) |
Women's Casual Shoes | 12,000 NGN (15.60 USD) | 500 SBD (60 USD) |
Underwear For Men | 1,000 NGN (1.30 USD) | 60 SBD (7.20 USD) |
Underwear For Women | 1,500 NGN (1.95 USD) | 60 SBD (7.20 USD) |
Socks For Men | 500 NGN (0.65 USD) | 20 SBD (2.40 USD) |
Socks For Women | 500 NGN (0.65 USD) | 20 SBD (2.40 USD) |
Wintercoat for Adults | 12,000 NGN (15.60 USD) | 800 SBD (96 USD) |
Sportswear | 8,000 NGN (10.40 USD) | 300 SBD (36 USD) |
If you lived in Nigeria, instead of Solomon Islands, you would have to pay 3.37 times less for Clothing and Footwear for Adults.
Indicators | Nigeria | Solomon Islands |
---|---|---|
Children's Jeans | 4,000 NGN (5.20 USD) | 200 SBD (24 USD) |
Children's Normal Sneakers | 6,000 NGN (7.80 USD) | 250 SBD (30 USD) |
Children's Winter Coat | 8,000 NGN (10.40 USD) | 300 SBD (36 USD) |
Daycare for Infant | 25,000 NGN (32.50 USD) | 1,200 SBD (144 USD) |
Daycare for Toddler | 20,000 NGN (26 USD) | 1,000 SBD (120 USD) |
Childcare for Sick Days | 4,000 NGN (5.20 USD) | 150 SBD (18 USD) |
Early Childhood Education Programs | 20,000 NGN (26 USD) | 600 SBD (72 USD) |
Extra Curricular Activities | 6,000 NGN (7.80 USD) | 200 SBD (24 USD) |
Summer Camp for Kids | 20,000 NGN (26 USD) | 500 SBD (60 USD) |
If you lived in Nigeria, instead of Solomon Islands, you would have to pay 3.59 times less for Childcare and kids clothing.
Indicators | Nigeria | Solomon Islands |
---|---|---|
PreSchool Fees | 40,000 NGN (52 USD) | 1,500 SBD (180 USD) |
Primary School Fees | 60,000 NGN (78 USD) | 2,000 SBD (240 USD) |
Secondary School Fees | 70,000 NGN (91 USD) | 2,500 SBD (300 USD) |
Private School Fees | 90,000 NGN (117 USD) | 4,000 SBD (480 USD) |
University Tuition Fees | 120,000 NGN (156 USD) | 10,000 SBD (1,200 USD) |
University Private Tuition Fees | 180,000 NGN (234 USD) | 15,000 SBD (1,800 USD) |
After School Activities | 5,000 NGN (6.50 USD) | 300 SBD (36 USD) |
Special Education Services | 30,000 NGN (39 USD) | 400 SBD (48 USD) |
Tutoring | 3,000 NGN (3.90 USD) | 200 SBD (24 USD) |
Textbooks Cost | 5,000 NGN (6.50 USD) | 150 SBD (18 USD) |
School Supplies | 2,000 NGN (2.60 USD) | 100 SBD (12 USD) |
If you lived in Nigeria, instead of Solomon Islands, you would have to pay 5.52 times less for school and education.
Indicators | Nigeria | Solomon Islands |
---|---|---|
Movie Ticket (Single) | 1,500 NGN (1.95 USD) | 120 SBD (14.40 USD) |
Theater Ticket (Single) | 2,000 NGN (2.60 USD) | 200 SBD (24 USD) |
Concert Ticket (Single) | 3,000 NGN (3.90 USD) | 350 SBD (42 USD) |
Sports Event Ticket (Single) | 2,500 NGN (3.25 USD) | 250 SBD (30 USD) |
Gym Membership | 5,000 NGN (6.50 USD) | 400 SBD (48 USD) |
Swimming Pool Access | 3,000 NGN (3.90 USD) | 80 SBD (9.60 USD) |
Museum Entry Ticket | 1,000 NGN (1.30 USD) | 50 SBD (6 USD) |
Zoo Entry Ticket | 1,500 NGN (1.95 USD) | 80 SBD (9.60 USD) |
Amusement Park Entry Ticket | 2,000 NGN (2.60 USD) | 150 SBD (18 USD) |
Bowling | 1,500 NGN (1.95 USD) | 80 SBD (9.60 USD) |
Mini Golf | 1,500 NGN (1.95 USD) | 50 SBD (6 USD) |
Video Games | 6,000 NGN (7.80 USD) | 300 SBD (36 USD) |
Streaming Services | 2,000 NGN (2.60 USD) | 60 SBD (7.20 USD) |
Outdoor Equipment Rental | 1,500 NGN (1.95 USD) | 150 SBD (18 USD) |
Theme Park Annual Pass | 50,000 NGN (65 USD) | 600 SBD (72 USD) |
If you lived in Nigeria, instead of Solomon Islands, you would have to pay 3.21 times less for entertainment, recreation and fun activities.
Indicators | Nigeria | Solomon Islands |
---|---|---|
Language Classes | 25,000 NGN (32.50 USD) | 300 SBD (36 USD) |
Parenting Classes | 15,000 NGN (19.50 USD) | 150 SBD (18 USD) |
Art Classes | 3,000 NGN (3.90 USD) | 80 SBD (9.60 USD) |
Fitness Classes | 2,000 NGN (2.60 USD) | 60 SBD (7.20 USD) |
Music Lessons | 4,000 NGN (5.20 USD) | 100 SBD (12 USD) |
Dance Lessons | 4,000 NGN (5.20 USD) | 120 SBD (14.40 USD) |
Reading Materials for Classes | 1,000 NGN (1.30 USD) | 30 SBD (3.60 USD) |
Educational Software | 15,000 NGN (19.50 USD) | 80 SBD (9.60 USD) |
If you lived in Nigeria, instead of Solomon Islands, you would have to pay 1.23 times less for Private Classes.
Indicators | Nigeria | Solomon Islands |
---|---|---|
Average Gross Monthly Salary | 200,000 NGN (260 USD) | 7,000 SBD (840 USD) |
Average Net Monthly Salary | 120,000 NGN (156 USD) | 5,500 SBD (660 USD) |
Minimum Wages | 1,000 NGN per hour (1.30 USD) | 83.33 SBD per hour (10 USD) |
Average Bonus | 20,000 NGN (26 USD) | 1,000 SBD (120 USD) |
Income Tax Rate | 0 to 7.5 % | 0 to 10 % |
Social Security Contributions | 7 % | 8 % |
Pension Contributions | 8 % | 5 % |
Cost of Living Index | 40 | 45 |
Median Household Income | 1,200,000 NGN (1,560 USD) | 6,000 SBD (720 USD) |
If you lived in Nigeria, you would earn 1.17 times less salary as compared to Solomon Islands.
Indicators | Nigeria | Solomon Islands |
---|---|---|
Legal Consultation Per Hour Rate | 5,000 NGN (6.50 USD) | 150 SBD (18 USD) |
Accounting Services Per Hour Rate | 7,000 NGN (9.10 USD) | 100 SBD (12 USD) |
IT Support Services Per Hour Rate | 7,000 NGN (9.10 USD) | 80 SBD (9.60 USD) |
Technician Services Per Hour Rate | 6,000 NGN (7.80 USD) | 70 SBD (8.40 USD) |
Professional Services cost 1.48 times less in Nigeria, as compared to Solomon Islands.
We hope you enjoyed the detailed guide on the cost of living comparsion between Nigeria and Solomon Islands.
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