- Cost of Living
- Liberia
- Nigeria
- Monrovia
- Akure
- Comparison
Cost of living in Monrovia, Liberia compared to Akure, Nigeria
Currency:
| Food | - 82% | |||
|---|---|---|---|---|
| Food in Monrovia (Liberia) is 82% cheaper than in Akure (Nigeria) | ||||
| Basic lunchtime menu (including a drink) in the business district | 1,159 L$ (2,710 ₦) | 40,000 ₦ | - 93% | |
| Combo meal in fast food restaurant (Big Mac Meal or similar) | 955 L$ (2,235 ₦) | 20,000 ₦ | - 89% | |
| 500 gr (1 lb.) of boneless chicken breast | 516 L$ (1,206 ₦) | - | - | |
| 1 liter (1 qt.) of whole fat milk | 199 L$ (465 ₦) | 2,000 ₦ | - 77% | |
| 12 eggs, large | 276 L$ (646 ₦) | 2,000 ₦ | - 68% | |
| 1 kg (2 lb.) of tomatoes | 783 L$ (1,831 ₦) | 1,500 ₦ | + 22% | |
| 500 gr (16 oz.) of local cheese | 604 L$ (1,413 ₦) | 10,000 ₦ | - 86% | |
| 1 kg (2 lb.) of apples | 375 L$ (878 ₦) | 1,000 ₦ | - 12% | |
| 1 kg (2 lb.) of potatoes | 356 L$ (834 ₦) | 2,000 ₦ | - 58% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 148 L$ (346 ₦) | 5,000 ₦ | - 93% | |
| 1 bottle of red table wine, good quality | 875 L$ (2,047 ₦) | 3,000 ₦ | - 32% | |
| 2 liters of Coca-Cola | 221 L$ (518 ₦) | 1,000 ₦ | - 48% | |
| Bread for 2 people for 1 day | 140 L$ (327 ₦) | 1,000 ₦ | - 67% | |
| Housing | + 25% | |||
| Housing in Monrovia (Liberia) is 25% more expensive than in Akure (Nigeria) | ||||
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in EXPENSIVE area | 140,656 L$ (329,063 ₦) | - | - | |
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in NORMAL area | 114,601 L$ (268,108 ₦) | 150,000 ₦ | + 79% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 26,177 L$ (61,241 ₦) | 50,000 ₦ | + 22% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in EXPENSIVE area | 112,563 L$ (263,340 ₦) | - | - | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in NORMAL area | 107,162 L$ (250,704 ₦) | - | - | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 Sqft) studio | 26,566 L$ (62,152 ₦) | - | - | |
| Internet 8 Mbps (1 month) | 9,166 L$ (21,443 ₦) | 5,000 ₦ | + 329% | |
| 40” flat screen TV | 66,165 L$ (154,793 ₦) | 150,000 ₦ | + 3% | |
| Microwave 800/900 Watt (Bosch, Panasonic, LG, Sharp, or equivalent brands) | 18,726 L$ (43,810 ₦) | 20,000 ₦ | + 119% | |
| Laundry detergent (3 l. ~ 100 oz.) | 233 L$ (546 ₦) | 5,000 ₦ | - 89% | |
| Hourly rate for cleaning help | 610 L$ (1,428 ₦) | 1,000 ₦ | + 43% | |
| Clothes | + 34% | |||
| Clothes in Monrovia (Liberia) is 34% more expensive than in Akure (Nigeria) | ||||
| 1 pair of jeans (Levis 501 or similar) | 4,875 L$ (11,404 ₦) | 10,000 ₦ | + 14% | |
| 1 summer dress in a High Street Store (Zara, H&M or similar retailers) | 8,458 L$ (19,788 ₦) | 15,000 ₦ | + 32% | |
| 1 pair of sport shoes (Nike, Adidas, or equivalent brands) | 10,000 L$ (23,395 ₦) | 5,000 ₦ | + 368% | |
| 1 pair of men’s leather business shoes | 9,715 L$ (22,729 ₦) | 25,000 ₦ | - 9% | |
| Transportation | - 12% | |||
| Transportation in Monrovia (Liberia) is 12% cheaper than in Akure (Nigeria) | ||||
| Volkswagen Golf 1.4 TSI 150 CV (or equivalent), with no extras, new | 1,750,000 L$ (4,094,108 ₦) | - | - | |
| 1 liter (1/4 gallon) of gas | 97 L$ (226 ₦) | 500 ₦ | - 55% | |
| Monthly ticket public transport | 2,750 L$ (6,434 ₦) | - | - | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | - | 48,867 ₦ | - | |
| Personal Care | - 42% | |||
| Personal Care in Monrovia (Liberia) is 42% cheaper than in Akure (Nigeria) | ||||
| Cold medicine for 6 days (Tylenol, Frenadol, Coldrex, or equivalent brands) | 811 L$ (1,896 ₦) | 3,000 ₦ | - 37% | |
| 1 box of antibiotics (12 doses) | 287 L$ (672 ₦) | 5,000 ₦ | - 87% | |
| Short visit to private Doctor (15 minutes) | 8,000 L$ (18,716 ₦) | 10,000 ₦ | + 87% | |
| 1 box of 32 tampons (Tampax, OB, ...) | 283 L$ (663 ₦) | 5,000 ₦ | - 87% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 424 L$ (992 ₦) | 3,750 ₦ | - 74% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 359 L$ (839 ₦) | 2,000 ₦ | - 58% | |
| 4 rolls of toilet paper | 218 L$ (510 ₦) | 1,000 ₦ | - 49% | |
| Tube of toothpaste | 193 L$ (451 ₦) | 500 ₦ | - 10% | |
| Standard men's haircut in expat area of the city | 2,220 L$ (5,194 ₦) | 1,000 ₦ | + 419% | |
| Entertainment | - 44% | |||
| Entertainment in Monrovia (Liberia) is 44% cheaper than in Akure (Nigeria) | ||||
| Basic dinner out for two in neighborhood pub | 3,300 L$ (7,720 ₦) | 5,000 ₦ | + 54% | |
| 2 tickets to the movies | 400 L$ (936 ₦) | 5,000 ₦ | - 81% | |
| 2 tickets to the theater (best available seats) | - | - | - | |
| Dinner for two at an Italian restaurant in the expat area including appetisers, main course, wine and dessert | 3,100 L$ (7,252 ₦) | 5,000 ₦ | + 45% | |
| 1 cocktail drink in downtown club | 558 L$ (1,307 ₦) | 3,000 ₦ | - 56% | |
| Cappuccino in expat area of the city | 338 L$ (790 ₦) | 2,000 ₦ | - 61% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 222 L$ (519 ₦) | 10,000 ₦ | - 95% | |
| iPad Wi-Fi 128GB | - | - | - | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 26 L$ (61 ₦) | 200 ₦ | - 70% | |
| 1 month of gym membership in business district | 8,525 L$ (19,944 ₦) | 5,000 ₦ | + 299% | |
| 1 package of Marlboro cigarettes | 309 L$ (723 ₦) | 500 ₦ | + 45% | |
| TOTAL | - 52% | |||
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 99 prices entered by 15 different people.
These prices were last updated on September 22, 2018.
Exchange rate:
2.339
NGN
/
LRD
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Cost of living in Monrovia (Liberia) is 52% cheaper than in Akure (Nigeria)
For example, to keep the same standard of living that would require
893,000 ₦
in Akure
you would need to make just about 429,707 ₦
(183,676 L$)
in Monrovia.
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