Published: Monday, 21th October 2024
The cost of living in Nigeria is 9.01 times less expensive as compared to United States.
On this page, you will find side-by-side cost comparison between Nigeria and United States. 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 United States.
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Indicators | Nigeria | United States |
---|---|---|
1 BHK Apartment in City Center | 500,000 NGN (650 USD) | 2,500 USD |
2 BHK Apartment in City Center | 800,000 NGN (1,040 USD) | 3,500 USD |
3 BHK Apartment in City Center | 1,200,000 NGN (1,560 USD) | 4,500 USD |
1 BHK Apartment outside City Center | 300,000 NGN (390 USD) | 1,800 USD |
2 BHK Apartment outside City Center | 500,000 NGN (650 USD) | 2,500 USD |
3 BHK Apartment outside City Center | 800,000 NGN (1,040 USD) | 3,200 USD |
Mortgage Rates Per Month | 1.8 % | 3.5 % |
Realtor Commission | 5 % | 2.5 % |
Property Taxes | 0.5 to 1.5 % | 0.5 to 2.5 % |
The average housing cost in Nigeria is 3.44 times less expensive than United States.
Indicators | Nigeria | United States |
---|---|---|
Basic Home Furnishing | 2,000,000 NGN (2,600 USD) | 3,000 USD |
Electricity Cost Per Month | 20,000 NGN (26 USD) | 150 USD |
Heating Cost Per Month | 15,000 NGN (19.50 USD) | 120 USD |
Cooling Cost Per Month | 25,000 NGN (32.50 USD) | 80 USD |
Water Supply Cost Per Month | 15,000 NGN (19.50 USD) | 50 USD |
If you lived in Nigeria, instead of United States, you would have to pay 20.66% less for Utilities.
The basic home furnishing in Nigeria costs 1.15 times less compared to United States.
Indicators | Nigeria | United States |
---|---|---|
Standard Wifi Cost Per Month | 20,000 NGN (26 USD) | 60 USD |
Mobile Phone Basic Plan Cost Per Month | 7,000 NGN (9.10 USD) | 50 USD |
Landline Basic Plan Cost Per Month | 5,000 NGN (6.50 USD) | 30 USD |
Cable TV Basic Plan Cost Per Month | 15,000 NGN (19.50 USD) | 100 USD |
The internet and communication costs 74.54% less in Nigeria compared to United States.
Indicators | Nigeria | United States |
---|---|---|
Long Grain Rice (1 KG) | 800 NGN (1.04 USD) | 4 USD |
Milk (1 Liter) | 400 NGN (0.52 USD) | 1 USD |
Water (1 Liter) | 200 NGN (0.26 USD) | 1 USD |
Bread (500 gm) | 300 NGN (0.39 USD) | 2 USD |
Eggs (1 Dozen) | 700 NGN (0.91 USD) | 3 USD |
Cheese (1 KG) | 1,500 NGN (1.95 USD) | 6 USD |
Chicken Breast (1 KG) | 1,500 NGN (1.95 USD) | 10 USD |
In Nigeria, the cost of 1 Liter Water and 1 Liter Milk is 2.56 times less expensive than the cost in United States.
If you lived in Nigeria, instead of United States, you would have to pay 74.00% less for Groceries.
Indicators | Nigeria | United States |
---|---|---|
Apples (1 KG) | 1,000 NGN (1.30 USD) | 3 USD |
Bananas (1 KG) | 600 NGN (0.78 USD) | 1.50 USD |
Oranges (1 KG) | 800 NGN (1.04 USD) | 2.50 USD |
Tomatoes (1 KG) | 600 NGN (0.78 USD) | 3 USD |
Potatoes (1 KG) | 500 NGN (0.65 USD) | 2 USD |
Lemons (1 KG) | 800 NGN (1.04 USD) | 2.50 USD |
Onions (1 KG) | 600 NGN (0.78 USD) | 2 USD |
Lentils (1 KG) | 1,000 NGN (1.30 USD) | 4 USD |
If you lived in Nigeria, instead of United States, you would have to pay 2.67 times less for Fruits and Vegetables.
Indicators | Nigeria | United States |
---|---|---|
Meal at a Resonable Restaurant | 2,000 NGN (2.60 USD) | 20 USD |
Three-Course Meal for Two | 7,000 NGN (9.10 USD) | 60 USD |
Fast Food Combo Meal | 1,000 NGN (1.30 USD) | 8 USD |
Normal Coffee | 300 NGN (0.39 USD) | 4 USD |
Soft Drink | 200 NGN (0.26 USD) | 2 USD |
Pizza for One | 3,000 NGN (3.90 USD) | 15 USD |
Take-Out Delivery Meal | 2,000 NGN (2.60 USD) | 20 USD |
Cigarette Pack of 20 | 1,500 NGN (1.95 USD) | 8 USD |
Dining-Out costs 83.87% less in Nigeria compared to United States.
Indicators | Nigeria | United States |
---|---|---|
Wine Mid-Range Bottle | 3,000 NGN (3.90 USD) | 15 USD |
Glass of Wine | 1,500 NGN (1.95 USD) | 8 USD |
Domestic Beer Half Liter | 600 NGN (0.78 USD) | 3 USD |
Imported Beer Half Liter | 1,200 NGN (1.56 USD) | 4 USD |
Domestic Alcohol 1 Liter | 3,000 NGN (3.90 USD) | 20 USD |
Branded Alcohol 1 Liter | 5,000 NGN (6.50 USD) | 30 USD |
If you lived in Nigeria, instead of United States, you would have to pay 4.30 times less for usual hard drinks.
Indicators | Nigeria | United States |
---|---|---|
Monthly Public Transportation Pass | 15,000 NGN (19.50 USD) | 120 USD |
Single Public Transportation Ticket | 200 NGN (0.26 USD) | 2.50 USD |
Single Train Ticket | Yet to Update () | 100 USD |
Domestic Airplane Ticket | 50,000 NGN (65 USD) | 200 USD |
Taxi Start Fare | 500 NGN (0.65 USD) | 3 USD |
Taxi Rate Per Kilometer | 300 NGN (0.39 USD) | 2 USD |
Car Rental Per Day | 15,000 NGN (19.50 USD) | 50 USD |
Parking Fees in City Center Per Hour | 200 NGN (0.26 USD) | 5 USD |
Parking Fees outside City Center Per Hour | 100 NGN (0.13 USD) | 2 USD |
If you lived in Nigeria, instead of United States, you would have to pay 4.58 times less for transportation.
Indicators | Nigeria | United States |
---|---|---|
Reasonable Vehicle Purchase Cost | 1,500,000 NGN (1,950 USD) | 25,000 USD |
Vehicle Registration Cost | 50,000 NGN (65 USD) | 150 USD |
Driving License Fees | 10,000 NGN (13 USD) | 50 USD |
Car Insurance Cost | 30,000 NGN (39 USD) | 800 USD |
Car Maintenance Cost | 15,000 NGN (19.50 USD) | 200 USD |
Car Loan Interest Rates | 12 % | 4 % |
Fuel Per Liter | 300 NGN (0.39 USD) | 1 USD |
Fuel Per Gallon | 1,200 NGN (1.56 USD) | 4 USD |
Average Toll Fees | Yet to Update | Yet to Update |
You would have to pay 12.55 times less for Vehicle purchase, daily operation and maintenance in Nigeria compared to that of United States.
Indicators | Nigeria | United States |
---|---|---|
Doctor Visit | 3,000 NGN (3.90 USD) | 150 USD |
Specialist Visit | 7,000 NGN (9.10 USD) | 250 USD |
Dentist Visit | 5,000 NGN (6.50 USD) | 100 USD |
Eye Exam | 2,000 NGN (2.60 USD) | 80 USD |
Mental Health Counseling | 5,000 NGN (6.50 USD) | 150 USD |
Preventive Health Screening | 3,000 NGN (3.90 USD) | 80 USD |
Physical Therapy | 3,000 NGN (3.90 USD) | 100 USD |
Emergency Room Visit | 25,000 NGN (32.50 USD) | 500 USD |
Hospital Stay Per Night | 15,000 NGN (19.50 USD) | 400 USD |
Vaccinations | 2,000 NGN (2.60 USD) | 40 USD |
Prescription Medication | 1,000 NGN (1.30 USD) | 20 USD |
Over the Counter Medication | 500 NGN (0.65 USD) | 10 USD |
Health Insurance Premiums | 25,000 NGN (32.50 USD) | 300 USD |
Health Insurance Deductibles | 10,000 NGN (13 USD) | 500 USD |
If you lived in Nigeria, instead of United States, you would have to pay 19.36 times less for Health and Medical Treatment.
Indicators | Nigeria | United States |
---|---|---|
Cosmetic Procedures | 8,000 NGN (10.40 USD) | 300 USD |
Spa Treatment | 5,000 NGN (6.50 USD) | 150 USD |
Manicure Pedicure Cost | 2,000 NGN (2.60 USD) | 40 USD |
Optical Glasses Cost | 5,000 NGN (6.50 USD) | 150 USD |
Contact Lenses Cost | 3,000 NGN (3.90 USD) | 100 USD |
Haircuts | 1,500 NGN (1.95 USD) | 25 USD |
Hair Coloring | 3,000 NGN (3.90 USD) | 75 USD |
Shampoo Price | 500 NGN (0.65 USD) | 5 USD |
Toothpaste Price | 200 NGN (0.26 USD) | 3 USD |
If you lived in Nigeria, instead of United States, you would have to pay 23.13 times less for Personal Care Items and Treatment.
Indicators | Nigeria | United States |
---|---|---|
Pair of Nike Running Shoes | 40,000 NGN (52 USD) | 100 USD |
Men's Shirt | 6,000 NGN (7.80 USD) | 40 USD |
Women's Dress | 12,000 NGN (15.60 USD) | 80 USD |
Summer Dress | 8,000 NGN (10.40 USD) | 50 USD |
Men's Suit | 30,000 NGN (39 USD) | 500 USD |
Men's Jeans | 10,000 NGN (13 USD) | 60 USD |
Women's Jeans | 8,000 NGN (10.40 USD) | 60 USD |
Men's Formal Shoes | 20,000 NGN (26 USD) | 100 USD |
Women's Formal Shoes | 20,000 NGN (26 USD) | 80 USD |
Men's Casual Shoes | 15,000 NGN (19.50 USD) | 70 USD |
Women's Casual Shoes | 12,000 NGN (15.60 USD) | 60 USD |
Underwear For Men | 1,000 NGN (1.30 USD) | 20 USD |
Underwear For Women | 1,500 NGN (1.95 USD) | 20 USD |
Socks For Men | 500 NGN (0.65 USD) | 10 USD |
Socks For Women | 500 NGN (0.65 USD) | 10 USD |
Wintercoat for Adults | 12,000 NGN (15.60 USD) | 100 USD |
Sportswear | 8,000 NGN (10.40 USD) | 60 USD |
If you lived in Nigeria, instead of United States, you would have to pay 5.34 times less for Clothing and Footwear for Adults.
Indicators | Nigeria | United States |
---|---|---|
Children's Jeans | 4,000 NGN (5.20 USD) | 30 USD |
Children's Normal Sneakers | 6,000 NGN (7.80 USD) | 40 USD |
Children's Winter Coat | 8,000 NGN (10.40 USD) | 60 USD |
Daycare for Infant | 25,000 NGN (32.50 USD) | 1,500 USD |
Daycare for Toddler | 20,000 NGN (26 USD) | 1,200 USD |
Childcare for Sick Days | 4,000 NGN (5.20 USD) | 40 USD |
Early Childhood Education Programs | 20,000 NGN (26 USD) | 600 USD |
Extra Curricular Activities | 6,000 NGN (7.80 USD) | 60 USD |
Summer Camp for Kids | 20,000 NGN (26 USD) | 300 USD |
If you lived in Nigeria, instead of United States, you would have to pay 26.07 times less for Childcare and kids clothing.
Indicators | Nigeria | United States |
---|---|---|
PreSchool Fees | 40,000 NGN (52 USD) | 1,800 USD |
Primary School Fees | 60,000 NGN (78 USD) | 4,000 USD |
Secondary School Fees | 70,000 NGN (91 USD) | 6,000 USD |
Private School Fees | 90,000 NGN (117 USD) | 8,000 USD |
University Tuition Fees | 120,000 NGN (156 USD) | 10,000 USD |
University Private Tuition Fees | 180,000 NGN (234 USD) | 20,000 USD |
After School Activities | 5,000 NGN (6.50 USD) | 150 USD |
Special Education Services | 30,000 NGN (39 USD) | 150 USD |
Tutoring | 3,000 NGN (3.90 USD) | 50 USD |
Textbooks Cost | 5,000 NGN (6.50 USD) | 40 USD |
School Supplies | 2,000 NGN (2.60 USD) | 30 USD |
If you lived in Nigeria, instead of United States, you would have to pay 63.85 times less for school and education.
Indicators | Nigeria | United States |
---|---|---|
Movie Ticket (Single) | 1,500 NGN (1.95 USD) | 15 USD |
Theater Ticket (Single) | 2,000 NGN (2.60 USD) | 50 USD |
Concert Ticket (Single) | 3,000 NGN (3.90 USD) | 60 USD |
Sports Event Ticket (Single) | 2,500 NGN (3.25 USD) | 50 USD |
Gym Membership | 5,000 NGN (6.50 USD) | 60 USD |
Swimming Pool Access | 3,000 NGN (3.90 USD) | 40 USD |
Museum Entry Ticket | 1,000 NGN (1.30 USD) | 15 USD |
Zoo Entry Ticket | 1,500 NGN (1.95 USD) | 25 USD |
Amusement Park Entry Ticket | 2,000 NGN (2.60 USD) | 50 USD |
Bowling | 1,500 NGN (1.95 USD) | 15 USD |
Mini Golf | 1,500 NGN (1.95 USD) | 10 USD |
Video Games | 6,000 NGN (7.80 USD) | 60 USD |
Streaming Services | 2,000 NGN (2.60 USD) | 15 USD |
Outdoor Equipment Rental | 1,500 NGN (1.95 USD) | 25 USD |
Theme Park Annual Pass | 50,000 NGN (65 USD) | 400 USD |
If you lived in Nigeria, instead of United States, you would have to pay 8.15 times less for entertainment, recreation and fun activities.
Indicators | Nigeria | United States |
---|---|---|
Language Classes | 25,000 NGN (32.50 USD) | 40 USD |
Parenting Classes | 15,000 NGN (19.50 USD) | 60 USD |
Art Classes | 3,000 NGN (3.90 USD) | 30 USD |
Fitness Classes | 2,000 NGN (2.60 USD) | 20 USD |
Music Lessons | 4,000 NGN (5.20 USD) | 50 USD |
Dance Lessons | 4,000 NGN (5.20 USD) | 40 USD |
Reading Materials for Classes | 1,000 NGN (1.30 USD) | 10 USD |
Educational Software | 15,000 NGN (19.50 USD) | 30 USD |
If you lived in Nigeria, instead of United States, you would have to pay 3.12 times less for Private Classes.
Indicators | Nigeria | United States |
---|---|---|
Average Gross Monthly Salary | 200,000 NGN (260 USD) | 5,000 USD |
Average Net Monthly Salary | 120,000 NGN (156 USD) | 3,800 USD |
Minimum Wages | 1,000 NGN per hour (1.30 USD) | 60 USD per hour |
Average Bonus | 20,000 NGN (26 USD) | 1,000 USD |
Income Tax Rate | 0 to 7.5 % | 0 to 10 % |
Social Security Contributions | 7 % | 6.2 % |
Pension Contributions | 8 % | 4 % |
Cost of Living Index | 40 | 10 |
Median Household Income | 1,200,000 NGN (1,560 USD) | 5,000 USD |
If you lived in Nigeria, you would earn 7.42 times less salary as compared to United States.
Indicators | Nigeria | United States |
---|---|---|
Legal Consultation Per Hour Rate | 5,000 NGN (6.50 USD) | 250 USD |
Accounting Services Per Hour Rate | 7,000 NGN (9.10 USD) | 200 USD |
IT Support Services Per Hour Rate | 7,000 NGN (9.10 USD) | 150 USD |
Technician Services Per Hour Rate | 6,000 NGN (7.80 USD) | 100 USD |
Professional Services cost 21.54 times less in Nigeria, as compared to United States.
We hope you enjoyed the detailed guide on the cost of living comparsion between Nigeria and United States.
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