- 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$ (2,608 ₦) | 40,000 ₦ | - 93% | |
| Combo meal in fast food restaurant (Big Mac Meal or similar) | 955 L$ (2,150 ₦) | 20,000 ₦ | - 89% | |
| 500 gr (1 lb.) of boneless chicken breast | 516 L$ (1,161 ₦) | - | - | |
| 1 liter (1 qt.) of whole fat milk | 199 L$ (447 ₦) | 2,000 ₦ | - 78% | |
| 12 eggs, large | 276 L$ (621 ₦) | 2,000 ₦ | - 69% | |
| 1 kg (2 lb.) of tomatoes | 783 L$ (1,762 ₦) | 1,500 ₦ | + 17% | |
| 500 gr (16 oz.) of local cheese | 604 L$ (1,360 ₦) | 10,000 ₦ | - 86% | |
| 1 kg (2 lb.) of apples | 375 L$ (845 ₦) | 1,000 ₦ | - 16% | |
| 1 kg (2 lb.) of potatoes | 356 L$ (802 ₦) | 2,000 ₦ | - 60% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 148 L$ (333 ₦) | 5,000 ₦ | - 93% | |
| 1 bottle of red table wine, good quality | 875 L$ (1,970 ₦) | 3,000 ₦ | - 34% | |
| 2 liters of Coca-Cola | 221 L$ (499 ₦) | 1,000 ₦ | - 50% | |
| Bread for 2 people for 1 day | 140 L$ (315 ₦) | 1,000 ₦ | - 69% | |
| Housing | + 23% | |||
| Housing in Monrovia (Liberia) is 23% more expensive than in Akure (Nigeria) | ||||
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in EXPENSIVE area | 140,656 L$ (316,637 ₦) | - | - | |
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in NORMAL area | 114,601 L$ (257,984 ₦) | 150,000 ₦ | + 72% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 26,177 L$ (58,929 ₦) | 50,000 ₦ | + 18% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in EXPENSIVE area | 112,563 L$ (253,396 ₦) | - | - | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in NORMAL area | 107,162 L$ (241,237 ₦) | - | - | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 Sqft) studio | 26,566 L$ (59,805 ₦) | - | - | |
| Internet 8 Mbps (1 month) | 9,166 L$ (20,633 ₦) | 5,000 ₦ | + 313% | |
| 40” flat screen TV | 66,165 L$ (148,948 ₦) | 150,000 ₦ | - 1% | |
| Microwave 800/900 Watt (Bosch, Panasonic, LG, Sharp, or equivalent brands) | 18,726 L$ (42,155 ₦) | 20,000 ₦ | + 111% | |
| Laundry detergent (3 l. ~ 100 oz.) | 233 L$ (525 ₦) | 5,000 ₦ | - 89% | |
| Hourly rate for cleaning help | 288 L$ (648 ₦) | 1,000 ₦ | - 35% | |
| Clothes | - 10% | |||
| Clothes in Monrovia (Liberia) is 10% cheaper than in Akure (Nigeria) | ||||
| 1 pair of jeans (Levis 501 or similar) | 4,875 L$ (10,973 ₦) | 10,000 ₦ | + 10% | |
| 1 summer dress in a High Street Store (Zara, H&M or similar retailers) | 4,999 L$ (11,253 ₦) | 15,000 ₦ | - 25% | |
| 1 pair of sport shoes (Nike, Adidas, or equivalent brands) | 10,000 L$ (22,511 ₦) | 5,000 ₦ | + 350% | |
| 1 pair of men’s leather business shoes | 9,715 L$ (21,871 ₦) | 25,000 ₦ | - 13% | |
| Transportation | - 13% | |||
| Transportation in Monrovia (Liberia) is 13% cheaper than in Akure (Nigeria) | ||||
| Volkswagen Golf 1.4 TSI 150 CV (or equivalent), with no extras, new | 1,750,000 L$ (3,939,508 ₦) | - | - | |
| 1 liter (1/4 gallon) of gas | 97 L$ (217 ₦) | 500 ₦ | - 57% | |
| Monthly ticket public transport | 989 L$ (2,227 ₦) | - | - | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | - | 48,867 ₦ | - | |
| Personal Care | - 44% | |||
| Personal Care in Monrovia (Liberia) is 44% cheaper than in Akure (Nigeria) | ||||
| Cold medicine for 6 days (Tylenol, Frenadol, Coldrex, or equivalent brands) | 811 L$ (1,825 ₦) | 3,000 ₦ | - 39% | |
| 1 box of antibiotics (12 doses) | 287 L$ (646 ₦) | 5,000 ₦ | - 87% | |
| Short visit to private Doctor (15 minutes) | 8,000 L$ (18,009 ₦) | 10,000 ₦ | + 80% | |
| 1 box of 32 tampons (Tampax, OB, ...) | 283 L$ (638 ₦) | 5,000 ₦ | - 87% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 424 L$ (955 ₦) | 3,750 ₦ | - 75% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 359 L$ (807 ₦) | 2,000 ₦ | - 60% | |
| 4 rolls of toilet paper | 218 L$ (491 ₦) | 1,000 ₦ | - 51% | |
| Tube of toothpaste | 193 L$ (434 ₦) | 500 ₦ | - 13% | |
| Standard men's haircut in expat area of the city | 2,220 L$ (4,998 ₦) | 1,000 ₦ | + 400% | |
| Entertainment | - 47% | |||
| Entertainment in Monrovia (Liberia) is 47% cheaper than in Akure (Nigeria) | ||||
| Basic dinner out for two in neighborhood pub | 3,300 L$ (7,429 ₦) | 5,000 ₦ | + 49% | |
| 2 tickets to the movies | 400 L$ (900 ₦) | 5,000 ₦ | - 82% | |
| 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$ (6,979 ₦) | 5,000 ₦ | + 40% | |
| 1 cocktail drink in downtown club | 558 L$ (1,257 ₦) | 3,000 ₦ | - 58% | |
| Cappuccino in expat area of the city | 338 L$ (760 ₦) | 2,000 ₦ | - 62% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 180 L$ (405 ₦) | 10,000 ₦ | - 96% | |
| iPad Wi-Fi 128GB | - | - | - | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 26 L$ (58 ₦) | 200 ₦ | - 71% | |
| 1 month of gym membership in business district | 8,525 L$ (19,191 ₦) | 5,000 ₦ | + 284% | |
| 1 package of Marlboro cigarettes | 91 L$ (204 ₦) | 500 ₦ | - 59% | |
| TOTAL | - 54% | |||
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 96 prices entered by 14 different people.
These prices were last updated on July 16, 2018.
Exchange rate:
2.251
NGN
/
LRD
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Cost of living in Monrovia (Liberia) is 54% cheaper than in Akure (Nigeria)
For example, to keep the same standard of living that would require
933,000 ₦
in Akure
you would need to make just about 429,097 ₦
(190,613 L$)
in Monrovia.
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