Published: Monday, 21th October 2024
The cost of living in Nigeria is 1.14 times more expensive as compared to Sri Lanka.
On this page, you will find side-by-side cost comparison between Nigeria and Sri Lanka. 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 Sri Lanka.
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  | Sri Lanka  |
|---|---|---|
1 BHK Apartment in City Center  | 500,000 NGN (650 USD) | 60,000 LKR (186 USD) |
2 BHK Apartment in City Center  | 800,000 NGN (1,040 USD) | 90,000 LKR (279 USD) |
3 BHK Apartment in City Center  | 1,200,000 NGN (1,560 USD) | 120,000 LKR (372 USD) |
1 BHK Apartment outside City Center  | 300,000 NGN (390 USD) | 30,000 LKR (93 USD) |
2 BHK Apartment outside City Center  | 500,000 NGN (650 USD) | 45,000 LKR (139.50 USD) |
3 BHK Apartment outside City Center  | 800,000 NGN (1,040 USD) | 60,000 LKR (186 USD) |
Mortgage Rates Per Month  | 1.8 % | 7.5 % |
Realtor Commission  | 5 % | 1 % |
Property Taxes  | 0.5 to 1.5 % | 0.2 to 0.4 % |
The average housing cost in Nigeria is 4.06 times more expensive than Sri Lanka.
Indicators | Nigeria | Sri Lanka |
|---|---|---|
Basic Home Furnishing  | 2,000,000 NGN (2,600 USD) | 200,000 LKR (620 USD) |
Electricity Cost Per Month  | 20,000 NGN (26 USD) | 5,000 LKR (15.50 USD) |
Heating Cost Per Month  | 15,000 NGN (19.50 USD) | 3,000 LKR (9.30 USD) |
Cooling Cost Per Month  | 25,000 NGN (32.50 USD) | 3,500 LKR (10.85 USD) |
Water Supply Cost Per Month  | 15,000 NGN (19.50 USD) | 1,500 LKR (4.65 USD) |
If you lived in Nigeria, instead of Sri Lanka, you would have to pay 308.53% more for Utilities.
The basic home furnishing in Nigeria costs 4.19 times more compared to Sri Lanka.
Indicators | Nigeria | Sri Lanka |
|---|---|---|
Standard Wifi Cost Per Month  | 20,000 NGN (26 USD) | 2,500 LKR (7.75 USD) |
Mobile Phone Basic Plan Cost Per Month  | 7,000 NGN (9.10 USD) | 1,500 LKR (4.65 USD) |
Landline Basic Plan Cost Per Month  | 5,000 NGN (6.50 USD) | 1,000 LKR (3.10 USD) |
Cable TV Basic Plan Cost Per Month  | 15,000 NGN (19.50 USD) | 2,000 LKR (6.20 USD) |
The internet and communication costs 181.57% more in Nigeria compared to Sri Lanka.
Indicators | Nigeria | Sri Lanka |
|---|---|---|
Long Grain Rice (1 KG)  | 800 NGN (1.04 USD) | 250 LKR (0.78 USD) |
Milk (1 Liter)  | 400 NGN (0.52 USD) | 200 LKR (0.62 USD) |
Water (1 Liter)  | 200 NGN (0.26 USD) | 50 LKR (0.15 USD) |
Bread (500 gm)  | 300 NGN (0.39 USD) | 150 LKR (0.46 USD) |
Eggs (1 Dozen)  | 700 NGN (0.91 USD) | 400 LKR (1.24 USD) |
Cheese (1 KG)  | 1,500 NGN (1.95 USD) | 1,000 LKR (3.10 USD) |
Chicken Breast (1 KG)  | 1,500 NGN (1.95 USD) | 1,200 LKR (3.72 USD) |
In Nigeria, the cost of 1 Liter Water and 1 Liter Milk is 1.01 times more expensive than the cost in Sri Lanka.
If you lived in Nigeria, instead of Sri Lanka, you would have to pay 30.32% less for Groceries.
Indicators | Nigeria | Sri Lanka |
|---|---|---|
Apples (1 KG)  | 1,000 NGN (1.30 USD) | 500 LKR (1.55 USD) |
Bananas (1 KG)  | 600 NGN (0.78 USD) | 150 LKR (0.46 USD) |
Oranges (1 KG)  | 800 NGN (1.04 USD) | 300 LKR (0.93 USD) |
Tomatoes (1 KG)  | 600 NGN (0.78 USD) | 200 LKR (0.62 USD) |
Potatoes (1 KG)  | 500 NGN (0.65 USD) | 150 LKR (0.46 USD) |
Lemons (1 KG)  | 800 NGN (1.04 USD) | 400 LKR (1.24 USD) |
Onions (1 KG)  | 600 NGN (0.78 USD) | 200 LKR (0.62 USD) |
Lentils (1 KG)  | 1,000 NGN (1.30 USD) | 300 LKR (0.93 USD) |
If you lived in Nigeria, instead of Sri Lanka, you would have to pay 1.12 times more for Fruits and Vegetables.
Indicators | Nigeria | Sri Lanka |
|---|---|---|
Meal at a Resonable Restaurant  | 2,000 NGN (2.60 USD) | 1,500 LKR (4.65 USD) |
Three-Course Meal for Two  | 7,000 NGN (9.10 USD) | 4,500 LKR (13.95 USD) |
Fast Food Combo Meal  | 1,000 NGN (1.30 USD) | 700 LKR (2.17 USD) |
Normal Coffee  | 300 NGN (0.39 USD) | 300 LKR (0.93 USD) |
Soft Drink  | 200 NGN (0.26 USD) | 150 LKR (0.46 USD) |
Pizza for One  | 3,000 NGN (3.90 USD) | 1,200 LKR (3.72 USD) |
Take-Out Delivery Meal  | 2,000 NGN (2.60 USD) | 1,200 LKR (3.72 USD) |
Cigarette Pack of 20  | 1,500 NGN (1.95 USD) | 500 LKR (1.55 USD) |
Dining-Out costs 29.06% less in Nigeria compared to Sri Lanka.
Indicators | Nigeria | Sri Lanka |
|---|---|---|
Wine Mid-Range Bottle  | 3,000 NGN (3.90 USD) | 2,500 LKR (7.75 USD) |
Glass of Wine  | 1,500 NGN (1.95 USD) | 1,000 LKR (3.10 USD) |
Domestic Beer Half Liter  | 600 NGN (0.78 USD) | 250 LKR (0.78 USD) |
Imported Beer Half Liter  | 1,200 NGN (1.56 USD) | 500 LKR (1.55 USD) |
Domestic Alcohol 1 Liter  | 3,000 NGN (3.90 USD) | 1,000 LKR (3.10 USD) |
Branded Alcohol 1 Liter  | 5,000 NGN (6.50 USD) | 2,000 LKR (6.20 USD) |
If you lived in Nigeria, instead of Sri Lanka, you would have to pay 1.21 times less for usual hard drinks.
Indicators | Nigeria | Sri Lanka |
|---|---|---|
Monthly Public Transportation Pass  | 15,000 NGN (19.50 USD) | 2,000 LKR (6.20 USD) |
Single Public Transportation Ticket  | 200 NGN (0.26 USD) | 100 LKR (0.31 USD) |
Single Train Ticket  | Yet to Update () | Yet to Update () |
Domestic Airplane Ticket  | 50,000 NGN (65 USD) | 15,000 LKR (46.50 USD) |
Taxi Start Fare  | 500 NGN (0.65 USD) | 300 LKR (0.93 USD) |
Taxi Rate Per Kilometer  | 300 NGN (0.39 USD) | 100 LKR (0.31 USD) |
Car Rental Per Day  | 15,000 NGN (19.50 USD) | 4,000 LKR (12.40 USD) |
Parking Fees in City Center Per Hour  | 200 NGN (0.26 USD) | 100 LKR (0.31 USD) |
Parking Fees outside City Center Per Hour  | 100 NGN (0.13 USD) | 50 LKR (0.15 USD) |
If you lived in Nigeria, instead of Sri Lanka, you would have to pay 1.57 times more for transportation.
Indicators | Nigeria | Sri Lanka |
|---|---|---|
Reasonable Vehicle Purchase Cost  | 1,500,000 NGN (1,950 USD) | 2,000,000 LKR (6,200 USD) |
Vehicle Registration Cost  | 50,000 NGN (65 USD) | 10,000 LKR (31 USD) |
Driving License Fees  | 10,000 NGN (13 USD) | 2,000 LKR (6.20 USD) |
Car Insurance Cost  | 30,000 NGN (39 USD) | 20,000 LKR (62 USD) |
Car Maintenance Cost  | 15,000 NGN (19.50 USD) | 5,000 LKR (15.50 USD) |
Car Loan Interest Rates  | 12 % | 9 % |
Fuel Per Liter  | 300 NGN (0.39 USD) | 250 LKR (0.78 USD) |
Fuel Per Gallon  | 1,200 NGN (1.56 USD) | 950 LKR (2.94 USD) |
Average Toll Fees  | Yet to Update | Yet to Update |
You would have to pay 3.03 times less for Vehicle purchase, daily operation and maintenance in Nigeria compared to that of Sri Lanka.
Indicators | Nigeria | Sri Lanka |
|---|---|---|
Doctor Visit  | 3,000 NGN (3.90 USD) | 3,000 LKR (9.30 USD) |
Specialist Visit  | 7,000 NGN (9.10 USD) | 5,000 LKR (15.50 USD) |
Dentist Visit  | 5,000 NGN (6.50 USD) | 4,000 LKR (12.40 USD) |
Eye Exam  | 2,000 NGN (2.60 USD) | 2,500 LKR (7.75 USD) |
Mental Health Counseling  | 5,000 NGN (6.50 USD) | 4,000 LKR (12.40 USD) |
Preventive Health Screening  | 3,000 NGN (3.90 USD) | 2,000 LKR (6.20 USD) |
Physical Therapy  | 3,000 NGN (3.90 USD) | 3,000 LKR (9.30 USD) |
Emergency Room Visit  | 25,000 NGN (32.50 USD) | 10,000 LKR (31 USD) |
Hospital Stay Per Night  | 15,000 NGN (19.50 USD) | 15,000 LKR (46.50 USD) |
Vaccinations  | 2,000 NGN (2.60 USD) | 1,000 LKR (3.10 USD) |
Prescription Medication  | 1,000 NGN (1.30 USD) | 1,500 LKR (4.65 USD) |
Over the Counter Medication  | 500 NGN (0.65 USD) | 1,000 LKR (3.10 USD) |
Health Insurance Premiums  | 25,000 NGN (32.50 USD) | 10,000 LKR (31 USD) |
Health Insurance Deductibles  | 10,000 NGN (13 USD) | 20,000 LKR (62 USD) |
If you lived in Nigeria, instead of Sri Lanka, you would have to pay 1.84 times less for Health and Medical Treatment.
Indicators | Nigeria | Sri Lanka |
|---|---|---|
Cosmetic Procedures  | 8,000 NGN (10.40 USD) | 20,000 LKR (62 USD) |
Spa Treatment  | 5,000 NGN (6.50 USD) | 5,000 LKR (15.50 USD) |
Manicure Pedicure Cost  | 2,000 NGN (2.60 USD) | 1,500 LKR (4.65 USD) |
Optical Glasses Cost  | 5,000 NGN (6.50 USD) | 5,000 LKR (15.50 USD) |
Contact Lenses Cost  | 3,000 NGN (3.90 USD) | 3,000 LKR (9.30 USD) |
Haircuts  | 1,500 NGN (1.95 USD) | 1,000 LKR (3.10 USD) |
Hair Coloring  | 3,000 NGN (3.90 USD) | 3,000 LKR (9.30 USD) |
Shampoo Price  | 500 NGN (0.65 USD) | 400 LKR (1.24 USD) |
Toothpaste Price  | 200 NGN (0.26 USD) | 150 LKR (0.46 USD) |
If you lived in Nigeria, instead of Sri Lanka, you would have to pay 3.30 times less for Personal Care Items and Treatment.
Indicators | Nigeria | Sri Lanka |
|---|---|---|
Pair of Nike Running Shoes  | 40,000 NGN (52 USD) | 15,000 LKR (46.50 USD) |
Men's Shirt  | 6,000 NGN (7.80 USD) | 3,000 LKR (9.30 USD) |
Women's Dress  | 12,000 NGN (15.60 USD) | 6,000 LKR (18.60 USD) |
Summer Dress  | 8,000 NGN (10.40 USD) | 4,000 LKR (12.40 USD) |
Men's Suit  | 30,000 NGN (39 USD) | 25,000 LKR (77.50 USD) |
Men's Jeans  | 10,000 NGN (13 USD) | 4,000 LKR (12.40 USD) |
Women's Jeans  | 8,000 NGN (10.40 USD) | 4,000 LKR (12.40 USD) |
Men's Formal Shoes  | 20,000 NGN (26 USD) | 6,000 LKR (18.60 USD) |
Women's Formal Shoes  | 20,000 NGN (26 USD) | 6,000 LKR (18.60 USD) |
Men's Casual Shoes  | 15,000 NGN (19.50 USD) | 5,000 LKR (15.50 USD) |
Women's Casual Shoes  | 12,000 NGN (15.60 USD) | 5,000 LKR (15.50 USD) |
Underwear For Men  | 1,000 NGN (1.30 USD) | 500 LKR (1.55 USD) |
Underwear For Women  | 1,500 NGN (1.95 USD) | 500 LKR (1.55 USD) |
Socks For Men  | 500 NGN (0.65 USD) | 300 LKR (0.93 USD) |
Socks For Women  | 500 NGN (0.65 USD) | 300 LKR (0.93 USD) |
Wintercoat for Adults  | 12,000 NGN (15.60 USD) | 8,000 LKR (24.80 USD) |
Sportswear  | 8,000 NGN (10.40 USD) | 5,000 LKR (15.50 USD) |
If you lived in Nigeria, instead of Sri Lanka, you would have to pay 1.14 times less for Clothing and Footwear for Adults.
Indicators | Nigeria | Sri Lanka |
|---|---|---|
Children's Jeans  | 4,000 NGN (5.20 USD) | 2,500 LKR (7.75 USD) |
Children's Normal Sneakers  | 6,000 NGN (7.80 USD) | 3,500 LKR (10.85 USD) |
Children's Winter Coat  | 8,000 NGN (10.40 USD) | 4,000 LKR (12.40 USD) |
Daycare for Infant  | 25,000 NGN (32.50 USD) | 20,000 LKR (62 USD) |
Daycare for Toddler  | 20,000 NGN (26 USD) | 25,000 LKR (77.50 USD) |
Childcare for Sick Days  | 4,000 NGN (5.20 USD) | 2,000 LKR (6.20 USD) |
Early Childhood Education Programs  | 20,000 NGN (26 USD) | 20,000 LKR (62 USD) |
Extra Curricular Activities  | 6,000 NGN (7.80 USD) | 5,000 LKR (15.50 USD) |
Summer Camp for Kids  | 20,000 NGN (26 USD) | 10,000 LKR (31 USD) |
If you lived in Nigeria, instead of Sri Lanka, you would have to pay 1.94 times less for Childcare and kids clothing.
Indicators | Nigeria | Sri Lanka |
|---|---|---|
PreSchool Fees  | 40,000 NGN (52 USD) | 30,000 LKR (93 USD) |
Primary School Fees  | 60,000 NGN (78 USD) | 50,000 LKR (155 USD) |
Secondary School Fees  | 70,000 NGN (91 USD) | 60,000 LKR (186 USD) |
Private School Fees  | 90,000 NGN (117 USD) | 80,000 LKR (248 USD) |
University Tuition Fees  | 120,000 NGN (156 USD) | 150,000 LKR (465 USD) |
University Private Tuition Fees  | 180,000 NGN (234 USD) | 300,000 LKR (930 USD) |
After School Activities  | 5,000 NGN (6.50 USD) | 5,000 LKR (15.50 USD) |
Special Education Services  | 30,000 NGN (39 USD) | 15,000 LKR (46.50 USD) |
Tutoring  | 3,000 NGN (3.90 USD) | 2,000 LKR (6.20 USD) |
Textbooks Cost  | 5,000 NGN (6.50 USD) | 4,000 LKR (12.40 USD) |
School Supplies  | 2,000 NGN (2.60 USD) | 2,000 LKR (6.20 USD) |
If you lived in Nigeria, instead of Sri Lanka, you would have to pay 2.75 times less for school and education.
Indicators | Nigeria | Sri Lanka |
|---|---|---|
Movie Ticket (Single)  | 1,500 NGN (1.95 USD) | 800 LKR (2.48 USD) |
Theater Ticket (Single)  | 2,000 NGN (2.60 USD) | 1,200 LKR (3.72 USD) |
Concert Ticket (Single)  | 3,000 NGN (3.90 USD) | 2,000 LKR (6.20 USD) |
Sports Event Ticket (Single)  | 2,500 NGN (3.25 USD) | 1,500 LKR (4.65 USD) |
Gym Membership  | 5,000 NGN (6.50 USD) | 2,000 LKR (6.20 USD) |
Swimming Pool Access  | 3,000 NGN (3.90 USD) | 1,500 LKR (4.65 USD) |
Museum Entry Ticket  | 1,000 NGN (1.30 USD) | 500 LKR (1.55 USD) |
Zoo Entry Ticket  | 1,500 NGN (1.95 USD) | 800 LKR (2.48 USD) |
Amusement Park Entry Ticket  | 2,000 NGN (2.60 USD) | 1,000 LKR (3.10 USD) |
Bowling  | 1,500 NGN (1.95 USD) | 800 LKR (2.48 USD) |
Mini Golf  | 1,500 NGN (1.95 USD) | 1,000 LKR (3.10 USD) |
Video Games  | 6,000 NGN (7.80 USD) | 2,000 LKR (6.20 USD) |
Streaming Services  | 2,000 NGN (2.60 USD) | 500 LKR (1.55 USD) |
Outdoor Equipment Rental  | 1,500 NGN (1.95 USD) | 1,000 LKR (3.10 USD) |
Theme Park Annual Pass  | 50,000 NGN (65 USD) | 10,000 LKR (31 USD) |
If you lived in Nigeria, instead of Sri Lanka, you would have to pay 1.32 times more for entertainment, recreation and fun activities.
Indicators | Nigeria | Sri Lanka |
|---|---|---|
Language Classes  | 25,000 NGN (32.50 USD) | 10,000 LKR (31 USD) |
Parenting Classes  | 15,000 NGN (19.50 USD) | 2,000 LKR (6.20 USD) |
Art Classes  | 3,000 NGN (3.90 USD) | 1,500 LKR (4.65 USD) |
Fitness Classes  | 2,000 NGN (2.60 USD) | 1,500 LKR (4.65 USD) |
Music Lessons  | 4,000 NGN (5.20 USD) | 2,000 LKR (6.20 USD) |
Dance Lessons  | 4,000 NGN (5.20 USD) | 1,500 LKR (4.65 USD) |
Reading Materials for Classes  | 1,000 NGN (1.30 USD) | 500 LKR (1.55 USD) |
Educational Software  | 15,000 NGN (19.50 USD) | 5,000 LKR (15.50 USD) |
If you lived in Nigeria, instead of Sri Lanka, you would have to pay 1.21 times more for Private Classes.
Indicators | Nigeria | Sri Lanka |
|---|---|---|
Average Gross Monthly Salary  | 200,000 NGN (260 USD) | 60,000 LKR (186 USD) |
Average Net Monthly Salary  | 120,000 NGN (156 USD) | 45,000 LKR (139.50 USD) |
Minimum Wages  | 1,000 NGN per hour (1.30 USD) | 666.67 LKR per hour (2.07 USD) |
Average Bonus  | 20,000 NGN (26 USD) | 10,000 LKR (31 USD) |
Income Tax Rate  | 0 to 7.5 % | 0 to 15 % |
Social Security Contributions  | 7 % | 5 % |
Pension Contributions  | 8 % | 3 % |
Cost of Living Index  | 40 | 30 |
Median Household Income  | 1,200,000 NGN (1,560 USD) | 50,000 LKR (155 USD) |
If you lived in Nigeria, you would earn 3.90 times more salary as compared to Sri Lanka.
Indicators | Nigeria | Sri Lanka |
|---|---|---|
Legal Consultation Per Hour Rate  | 5,000 NGN (6.50 USD) | 5,000 LKR (15.50 USD) |
Accounting Services Per Hour Rate  | 7,000 NGN (9.10 USD) | 4,000 LKR (12.40 USD) |
IT Support Services Per Hour Rate  | 7,000 NGN (9.10 USD) | 3,000 LKR (9.30 USD) |
Technician Services Per Hour Rate  | 6,000 NGN (7.80 USD) | 2,500 LKR (7.75 USD) |
Professional Services cost 1.38 times less in Nigeria, as compared to Sri Lanka.
We hope you enjoyed the detailed guide on the cost of living comparsion between Nigeria and Sri Lanka.
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