- Cost of Living
- Liberia
- Nigeria
- Monrovia
- Akure
- Comparison
Cost of living in Monrovia, Liberia vs Akure, Nigeria
Currency:
| Food | - 83% | |||
|---|---|---|---|---|
| Food in Monrovia (Liberia) is 83% cheaper than in Akure (Nigeria) | ||||
| Basic lunchtime menu (including a drink) in the business district | 1,159 L$ (2,598 ₦) | 40,000 ₦ | - 94% | |
| Combo meal in fast food restaurant (Big Mac Meal or similar) | 955 L$ (2,142 ₦) | 20,000 ₦ | - 89% | |
| 500 gr (1 lb.) of boneless chicken breast | 506 L$ (1,134 ₦) | - | - | |
| 1 liter (1 qt.) of whole fat milk | 199 L$ (446 ₦) | 2,000 ₦ | - 78% | |
| 12 eggs, large | 270 L$ (605 ₦) | 2,000 ₦ | - 70% | |
| 1 kg (2 lb.) of tomatoes | 724 L$ (1,624 ₦) | 1,500 ₦ | + 8% | |
| 500 gr (16 oz.) of local cheese | 604 L$ (1,354 ₦) | 10,000 ₦ | - 86% | |
| 1 kg (2 lb.) of apples | 358 L$ (802 ₦) | 1,000 ₦ | - 20% | |
| 1 kg (2 lb.) of potatoes | 328 L$ (736 ₦) | 2,000 ₦ | - 63% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 148 L$ (332 ₦) | 5,000 ₦ | - 93% | |
| 1 bottle of red table wine, good quality | 1,125 L$ (2,522 ₦) | 3,000 ₦ | - 16% | |
| 2 liters of Coca-Cola | 235 L$ (527 ₦) | 1,000 ₦ | - 47% | |
| Bread for 2 people for 1 day | 123 L$ (276 ₦) | 1,000 ₦ | - 72% | |
| Housing | + 26% | |||
| Housing in Monrovia (Liberia) is 26% more expensive than in Akure (Nigeria) | ||||
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in EXPENSIVE area | 168,102 L$ (376,885 ₦) | - | - | |
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in NORMAL area | 101,067 L$ (226,592 ₦) | 150,000 ₦ | + 51% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 29,180 L$ (65,422 ₦) | 50,000 ₦ | + 31% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in EXPENSIVE area | 136,776 L$ (306,652 ₦) | - | - | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in NORMAL area | 125,595 L$ (281,584 ₦) | - | - | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 Sqft) studio | 26,375 L$ (59,133 ₦) | - | - | |
| Internet 8 Mbps (1 month) | 9,166 L$ (20,549 ₦) | 5,000 ₦ | + 311% | |
| 40” flat screen TV | 62,455 L$ (140,024 ₦) | 150,000 ₦ | - 7% | |
| Microwave 800/900 Watt (Bosch, Panasonic, LG, Sharp, or equivalent brands) | 22,650 L$ (50,781 ₦) | 20,000 ₦ | + 154% | |
| Laundry detergent (3 l. ~ 100 oz.) | 1,329 L$ (2,980 ₦) | 5,000 ₦ | - 40% | |
| Hourly rate for cleaning help | 610 L$ (1,368 ₦) | 1,000 ₦ | + 37% | |
| Clothes | + 27% | |||
| Clothes in Monrovia (Liberia) is 27% more expensive than in Akure (Nigeria) | ||||
| 1 pair of jeans (Levis 501 or similar) | 4,875 L$ (10,929 ₦) | 10,000 ₦ | + 9% | |
| 1 summer dress in a High Street Store (Zara, H&M or similar retailers) | 8,306 L$ (18,623 ₦) | 15,000 ₦ | + 24% | |
| 1 pair of sport shoes (Nike, Adidas, or equivalent brands) | 10,000 L$ (22,420 ₦) | 5,000 ₦ | + 348% | |
| 1 pair of men’s leather business shoes | 10,178 L$ (22,818 ₦) | 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$ (3,923,501 ₦) | - | - | |
| 1 liter (1/4 gallon) of gas | 103 L$ (231 ₦) | 500 ₦ | - 54% | |
| Monthly ticket public transport | 2,750 L$ (6,166 ₦) | - | - | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | - | 48,867 ₦ | - | |
| Personal Care | - 48% | |||
| Personal Care in Monrovia (Liberia) is 48% cheaper than in Akure (Nigeria) | ||||
| Cold medicine for 6 days (Tylenol, Frenadol, Coldrex, or equivalent brands) | 975 L$ (2,186 ₦) | 3,000 ₦ | - 27% | |
| 1 box of antibiotics (12 doses) | 650 L$ (1,457 ₦) | 5,000 ₦ | - 71% | |
| Short visit to private Doctor (15 minutes) | 6,667 L$ (14,947 ₦) | 10,000 ₦ | + 49% | |
| 1 box of 32 tampons (Tampax, OB, ...) | 283 L$ (635 ₦) | 5,000 ₦ | - 87% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 486 L$ (1,089 ₦) | 3,750 ₦ | - 71% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 443 L$ (994 ₦) | 2,000 ₦ | - 50% | |
| 4 rolls of toilet paper | 229 L$ (512 ₦) | 1,000 ₦ | - 49% | |
| Tube of toothpaste | 218 L$ (488 ₦) | 500 ₦ | - 2% | |
| Standard men's haircut in expat area of the city | 1,765 L$ (3,957 ₦) | 1,000 ₦ | + 296% | |
| Entertainment | - 48% | |||
| Entertainment in Monrovia (Liberia) is 48% cheaper than in Akure (Nigeria) | ||||
| Basic dinner out for two in neighborhood pub | 3,300 L$ (7,399 ₦) | 5,000 ₦ | + 48% | |
| 2 tickets to the movies | - | 5,000 ₦ | - | |
| 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$ (6,950 ₦) | 5,000 ₦ | + 39% | |
| 1 cocktail drink in downtown club | 673 L$ (1,510 ₦) | 3,000 ₦ | - 50% | |
| Cappuccino in expat area of the city | 338 L$ (757 ₦) | 2,000 ₦ | - 62% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 222 L$ (497 ₦) | 10,000 ₦ | - 95% | |
| iPad Wi-Fi 128GB | - | - | - | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 11 L$ (25 ₦) | 200 ₦ | - 88% | |
| 1 month of gym membership in business district | 8,525 L$ (19,113 ₦) | 5,000 ₦ | + 282% | |
| 1 package of Marlboro cigarettes | 309 L$ (693 ₦) | 500 ₦ | + 39% | |
| 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 105 prices entered by 8 different people.
These prices were last updated on February 20, 2019.
Exchange rate:
2.242
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
1,120,000 ₦
in Akure
you would need to make just about 518,203 ₦
(231,134 L$)
in Monrovia.
Prices recently added
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