- Cost of Living
- Nigeria
- India
- Ibadan
- Akola
- Comparison
Cost of living in Ibadan, Nigeria vs Akola, India
Currency:
Food | + 32% | |||
---|---|---|---|---|
Food in Ibadan (Nigeria) is 32% more expensive than in Akola (India) | ||||
Basic lunchtime menu (including a drink) in the business district | 2,148 ₦ (₨424) | ₨500 | - 15% | |
Combo meal in fast food restaurant (Big Mac Meal or similar) | 2,183 ₦ (₨431) | ₨375 | + 15% | |
500 gr (1 lb.) of boneless chicken breast | 962 ₦ (₨190) | ₨200 | - 5% | |
1 liter (1 qt.) of whole fat milk | 1,122 ₦ (₨221) | ₨44 | + 406% | |
12 eggs, large | 571 ₦ (₨113) | ₨50 | + 125% | |
1 kg (2 lb.) of tomatoes | 663 ₦ (₨131) | ₨33 | + 293% | |
500 gr (16 oz.) of local cheese | 2,163 ₦ (₨427) | ₨90 | + 374% | |
1 kg (2 lb.) of apples | 1,558 ₦ (₨307) | ₨99 | + 212% | |
1 kg (2 lb.) of potatoes | 1,199 ₦ (₨237) | ₨43 | + 446% | |
0.5 l (16 oz) domestic beer in the supermarket | 268 ₦ (₨53) | ₨165 | - 68% | |
1 bottle of red table wine, good quality | 1,584 ₦ (₨313) | ₨300 | + 4% | |
2 liters of Coca-Cola | 376 ₦ (₨74) | ₨143 | - 48% | |
Bread for 2 people for 1 day | 370 ₦ (₨73) | ₨38 | + 94% | |
Housing | + 94% | |||
Housing in Ibadan (Nigeria) is 94% more expensive than in Akola (India) | ||||
Monthly rent for 85 m2 (900 Sqft) furnished accommodation in EXPENSIVE area | 416,667 ₦ (₨82,215) | ₨25,413 | + 224% | |
Monthly rent for 85 m2 (900 Sqft) furnished accommodation in NORMAL area | 1,000,000 ₦ (₨197,315) | ₨17,667 | + 1017% | |
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 24,167 ₦ (₨4,768) | ₨6,525 | - 27% | |
Monthly rent for a 45 m2 (480 Sqft) furnished studio in EXPENSIVE area | - | ₨15,137 | - | |
Monthly rent for a 45 m2 (480 Sqft) furnished studio in NORMAL area | 500,000 ₦ (₨98,657) | ₨10,000 | + 887% | |
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 Sqft) studio | 15,000 ₦ (₨2,960) | ₨10,000 | - 70% | |
Internet 8 Mbps (1 month) | 8,392 ₦ (₨1,656) | ₨1,000 | + 66% | |
40” flat screen TV | 119,241 ₦ (₨23,528) | ₨25,500 | - 8% | |
Microwave 800/900 Watt (Bosch, Panasonic, LG, Sharp, or equivalent brands) | 47,130 ₦ (₨9,300) | ₨6,000 | + 55% | |
Laundry detergent (3 l. ~ 100 oz.) | 2,593 ₦ (₨512) | ₨150 | + 241% | |
Hourly rate for cleaning help | 1,000 ₦ (₨197) | ₨900 | - 78% | |
Clothes | - 11% | |||
Clothes in Ibadan (Nigeria) is 11% cheaper than in Akola (India) | ||||
1 pair of jeans (Levis 501 or similar) | 4,954 ₦ (₨977) | ₨2,000 | - 51% | |
1 summer dress in a High Street Store (Zara, H&M or similar retailers) | 9,445 ₦ (₨1,864) | - | - | |
1 pair of sport shoes (Nike, Adidas, or equivalent brands) | 13,190 ₦ (₨2,603) | ₨4,000 | - 35% | |
1 pair of men’s leather business shoes | 17,374 ₦ (₨3,428) | ₨4,000 | - 14% | |
Transportation | - 32% | |||
Transportation in Ibadan (Nigeria) is 32% cheaper than in Akola (India) | ||||
Volkswagen Golf 1.4 TSI 150 CV (or equivalent), with no extras, new | 5,000,000 ₦ (₨986,574) | - | - | |
1 liter (1/4 gallon) of gas | 138 ₦ (₨27) | ₨74 | - 63% | |
Monthly ticket public transport | 7,339 ₦ (₨1,448) | ₨2,750 | - 47% | |
Taxi trip on a business day, basic tariff, 8 km. (5 miles) | 9,112 ₦ (₨1,798) | - | - | |
Personal Care | + 44% | |||
Personal Care in Ibadan (Nigeria) is 44% more expensive than in Akola (India) | ||||
Cold medicine for 6 days (Tylenol, Frenadol, Coldrex, or equivalent brands) | 1,500 ₦ (₨296) | ₨400 | - 26% | |
1 box of antibiotics (12 doses) | 1,539 ₦ (₨304) | ₨200 | + 52% | |
Short visit to private Doctor (15 minutes) | 7,506 ₦ (₨1,481) | ₨500 | + 196% | |
1 box of 32 tampons (Tampax, OB, ...) | 1,433 ₦ (₨283) | - | - | |
Deodorant, roll-on (50ml ~ 1.5 oz.) | 866 ₦ (₨171) | ₨80 | + 114% | |
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 1,389 ₦ (₨274) | ₨160 | + 71% | |
4 rolls of toilet paper | 366 ₦ (₨72) | ₨60 | + 20% | |
Tube of toothpaste | 348 ₦ (₨69) | ₨20 | + 244% | |
Standard men's haircut in expat area of the city | 2,000 ₦ (₨395) | - | - | |
Entertainment | + 11% | |||
Entertainment in Ibadan (Nigeria) is 11% more expensive than in Akola (India) | ||||
Basic dinner out for two in neighborhood pub | 3,824 ₦ (₨755) | ₨385 | + 96% | |
2 tickets to the movies | 3,196 ₦ (₨631) | ₨293 | + 116% | |
2 tickets to the theater (best available seats) | 20,000 ₦ (₨3,946) | - | - | |
Dinner for two at an Italian restaurant in the expat area including appetisers, main course, wine and dessert | 23,967 ₦ (₨4,729) | ₨500 | + 846% | |
1 cocktail drink in downtown club | 1,603 ₦ (₨316) | ₨245 | + 29% | |
Cappuccino in expat area of the city | 2,908 ₦ (₨574) | - | - | |
1 beer in neighbourhood pub (500ml or 1pt.) | 439 ₦ (₨87) | ₨1,000 | - 91% | |
iPad Wi-Fi 128GB | 225,000 ₦ (₨44,396) | - | - | |
1 min. of prepaid mobile tariff (no discounts or plans) | 50 ₦ (₨10) | - | - | |
1 month of gym membership in business district | 10,612 ₦ (₨2,094) | ₨1,000 | + 109% | |
1 package of Marlboro cigarettes | 560 ₦ (₨111) | ₨120 | - 8% | |
TOTAL | + 22% |

These prices were last updated on February 19, 2019.
Exchange rate:
0.19731
INR
/
NGN
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Cost of living in Ibadan (Nigeria) is 22% more expensive than in Akola (India)
For example, you would need at least ₨92,418
(468,377 ₦)
in Ibadan
to maintain the same standard of living that you can have with
₨76,000
in Akola.
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