- 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$ (2,669 ₦) | 40,000 ₦ | - 93% | |
| Combo meal in fast food restaurant (Big Mac Meal or similar) | 955 L$ (2,200 ₦) | 20,000 ₦ | - 89% | |
| 500 gr (1 lb.) of boneless chicken breast | 506 L$ (1,165 ₦) | - | - | |
| 1 liter (1 qt.) of whole fat milk | 199 L$ (458 ₦) | 2,000 ₦ | - 77% | |
| 12 eggs, large | 270 L$ (622 ₦) | 2,000 ₦ | - 69% | |
| 1 kg (2 lb.) of tomatoes | 724 L$ (1,668 ₦) | 1,500 ₦ | + 11% | |
| 500 gr (16 oz.) of local cheese | 604 L$ (1,391 ₦) | 10,000 ₦ | - 86% | |
| 1 kg (2 lb.) of apples | 358 L$ (824 ₦) | 1,000 ₦ | - 18% | |
| 1 kg (2 lb.) of potatoes | 328 L$ (757 ₦) | 2,000 ₦ | - 62% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 148 L$ (341 ₦) | 5,000 ₦ | - 93% | |
| 1 bottle of red table wine, good quality | 1,125 L$ (2,591 ₦) | 3,000 ₦ | - 14% | |
| 2 liters of Coca-Cola | 235 L$ (541 ₦) | 1,000 ₦ | - 46% | |
| Bread for 2 people for 1 day | 123 L$ (283 ₦) | 1,000 ₦ | - 72% | |
| Housing | + 28% | |||
| Housing in Monrovia (Liberia) is 28% more expensive than in Akure (Nigeria) | ||||
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in EXPENSIVE area | 168,102 L$ (387,194 ₦) | - | - | |
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in NORMAL area | 101,067 L$ (232,790 ₦) | 150,000 ₦ | + 55% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 29,180 L$ (67,212 ₦) | 50,000 ₦ | + 34% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in EXPENSIVE area | 136,776 L$ (315,040 ₦) | - | - | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in NORMAL area | 125,595 L$ (289,286 ₦) | - | - | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 Sqft) studio | 26,375 L$ (60,750 ₦) | - | - | |
| Internet 8 Mbps (1 month) | 9,166 L$ (21,111 ₦) | 5,000 ₦ | + 322% | |
| 40” flat screen TV | 62,455 L$ (143,854 ₦) | 150,000 ₦ | - 4% | |
| Microwave 800/900 Watt (Bosch, Panasonic, LG, Sharp, or equivalent brands) | 22,650 L$ (52,170 ₦) | 20,000 ₦ | + 161% | |
| Laundry detergent (3 l. ~ 100 oz.) | 1,329 L$ (3,062 ₦) | 5,000 ₦ | - 39% | |
| Hourly rate for cleaning help | 610 L$ (1,406 ₦) | 1,000 ₦ | + 41% | |
| Clothes | + 31% | |||
| Clothes in Monrovia (Liberia) is 31% more expensive than in Akure (Nigeria) | ||||
| 1 pair of jeans (Levis 501 or similar) | 4,875 L$ (11,228 ₦) | 10,000 ₦ | + 12% | |
| 1 summer dress in a High Street Store (Zara, H&M or similar retailers) | 8,306 L$ (19,132 ₦) | 15,000 ₦ | + 28% | |
| 1 pair of sport shoes (Nike, Adidas, or equivalent brands) | 10,000 L$ (23,033 ₦) | 5,000 ₦ | + 361% | |
| 1 pair of men’s leather business shoes | 10,178 L$ (23,442 ₦) | 25,000 ₦ | - 6% | |
| 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$ (4,030,824 ₦) | - | - | |
| 1 liter (1/4 gallon) of gas | 103 L$ (238 ₦) | 500 ₦ | - 52% | |
| Monthly ticket public transport | 2,750 L$ (6,334 ₦) | - | - | |
| 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) | 975 L$ (2,246 ₦) | 3,000 ₦ | - 25% | |
| 1 box of antibiotics (12 doses) | 650 L$ (1,497 ₦) | 5,000 ₦ | - 70% | |
| Short visit to private Doctor (15 minutes) | 6,667 L$ (15,356 ₦) | 10,000 ₦ | + 54% | |
| 1 box of 32 tampons (Tampax, OB, ...) | 283 L$ (653 ₦) | 5,000 ₦ | - 87% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 486 L$ (1,118 ₦) | 3,750 ₦ | - 70% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 443 L$ (1,021 ₦) | 2,000 ₦ | - 49% | |
| 4 rolls of toilet paper | 229 L$ (526 ₦) | 1,000 ₦ | - 47% | |
| Tube of toothpaste | 218 L$ (501 ₦) | 500 ₦ | + 0% | |
| Standard men's haircut in expat area of the city | 1,765 L$ (4,065 ₦) | 1,000 ₦ | + 307% | |
| Entertainment | - 47% | |||
| Entertainment in Monrovia (Liberia) is 47% cheaper than in Akure (Nigeria) | ||||
| Basic dinner out for two in neighborhood pub | 3,300 L$ (7,601 ₦) | 5,000 ₦ | + 52% | |
| 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$ (7,140 ₦) | 5,000 ₦ | + 43% | |
| 1 cocktail drink in downtown club | 673 L$ (1,551 ₦) | 3,000 ₦ | - 48% | |
| Cappuccino in expat area of the city | 338 L$ (777 ₦) | 2,000 ₦ | - 61% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 222 L$ (511 ₦) | 10,000 ₦ | - 95% | |
| iPad Wi-Fi 128GB | - | - | - | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 11 L$ (25 ₦) | 200 ₦ | - 87% | |
| 1 month of gym membership in business district | 8,525 L$ (19,636 ₦) | 5,000 ₦ | + 293% | |
| 1 package of Marlboro cigarettes | 309 L$ (712 ₦) | 500 ₦ | + 42% | |
| TOTAL | - 53% | |||
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 121 prices entered by 14 different people.
These prices were last updated on November 13, 2018.
Exchange rate:
2.303
NGN
/
LRD
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Cost of living in Monrovia (Liberia) is 53% cheaper than in Akure (Nigeria)
For example, to keep the same standard of living that would require
1,140,000 ₦
in Akure
you would need to make just about 537,977 ₦
(233,565 L$)
in Monrovia.
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