- Cost of Living
- Puerto Rico
- Nigeria
- Ponce
- Akure
- Comparison
Cost of living in Ponce, Puerto Rico vs Akure, Nigeria
Currency:
| Food | - 79% | |||
|---|---|---|---|---|
| Food in Ponce (Puerto Rico) is 79% cheaper than in Akure (Nigeria) | ||||
| Basic lunchtime menu (including a drink) in the business district | $8 (2,932 ₦) | 40,000 ₦ | - 93% | |
| Combo meal in fast food restaurant (Big Mac Meal or similar) | $6 (2,319 ₦) | 20,000 ₦ | - 88% | |
| 500 gr (1 lb.) of boneless chicken breast | $2.75 (996 ₦) | - | - | |
| 1 liter (1 qt.) of whole fat milk | $1.50 (541 ₦) | 2,000 ₦ | - 73% | |
| 12 eggs, large | $2.93 (1,061 ₦) | 2,000 ₦ | - 47% | |
| 1 kg (2 lb.) of tomatoes | $2.97 (1,074 ₦) | 1,500 ₦ | - 28% | |
| 500 gr (16 oz.) of local cheese | $3.70 (1,339 ₦) | 10,000 ₦ | - 87% | |
| 1 kg (2 lb.) of apples | $2.84 (1,028 ₦) | 1,000 ₦ | + 3% | |
| 1 kg (2 lb.) of potatoes | $2.25 (815 ₦) | 2,000 ₦ | - 59% | |
| 0.5 l (16 oz) domestic beer in the supermarket | $1.92 (695 ₦) | 5,000 ₦ | - 86% | |
| 1 bottle of red table wine, good quality | $13 (4,545 ₦) | 3,000 ₦ | + 52% | |
| 2 liters of Coca-Cola | $1.24 (448 ₦) | 1,000 ₦ | - 55% | |
| Bread for 2 people for 1 day | $1.60 (579 ₦) | 1,000 ₦ | - 42% | |
| Housing | + 27% | |||
| Housing in Ponce (Puerto Rico) is 27% more expensive than in Akure (Nigeria) | ||||
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in EXPENSIVE area | $1,289 (466,478 ₦) | - | - | |
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in NORMAL area | $772 (279,439 ₦) | 150,000 ₦ | + 86% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | $228 (82,570 ₦) | 50,000 ₦ | + 65% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in EXPENSIVE area | $891 (322,261 ₦) | - | - | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in NORMAL area | $643 (232,712 ₦) | - | - | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 Sqft) studio | $172 (62,271 ₦) | - | - | |
| Internet 8 Mbps (1 month) | $43 (15,589 ₦) | 5,000 ₦ | + 212% | |
| 40” flat screen TV | $410 (148,183 ₦) | 150,000 ₦ | - 1% | |
| Microwave 800/900 Watt (Bosch, Panasonic, LG, Sharp, or equivalent brands) | $94 (34,027 ₦) | 20,000 ₦ | + 70% | |
| Laundry detergent (3 l. ~ 100 oz.) | $6 (2,333 ₦) | 5,000 ₦ | - 53% | |
| Hourly rate for cleaning help | $9 (3,408 ₦) | 1,000 ₦ | + 241% | |
| Clothes | + 31% | |||
| Clothes in Ponce (Puerto Rico) is 31% more expensive than in Akure (Nigeria) | ||||
| 1 pair of jeans (Levis 501 or similar) | $41 (15,005 ₦) | 10,000 ₦ | + 50% | |
| 1 summer dress in a High Street Store (Zara, H&M or similar retailers) | $48 (17,366 ₦) | 15,000 ₦ | + 16% | |
| 1 pair of sport shoes (Nike, Adidas, or equivalent brands) | $78 (28,192 ₦) | 5,000 ₦ | + 464% | |
| 1 pair of men’s leather business shoes | $79 (28,497 ₦) | 25,000 ₦ | + 14% | |
| Transportation | - 9% | |||
| Transportation in Ponce (Puerto Rico) is 9% cheaper than in Akure (Nigeria) | ||||
| Volkswagen Golf 1.4 TSI 150 CV (or equivalent), with no extras, new | $29,162 (10,550,556 ₦) | - | - | |
| 1 liter (1/4 gallon) of gas | $0.84 (303 ₦) | 500 ₦ | - 39% | |
| Monthly ticket public transport | $83 (29,848 ₦) | - | - | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | - | 48,867 ₦ | - | |
| Personal Care | - 24% | |||
| Personal Care in Ponce (Puerto Rico) is 24% cheaper than in Akure (Nigeria) | ||||
| Cold medicine for 6 days (Tylenol, Frenadol, Coldrex, or equivalent brands) | $5.66 (2,049 ₦) | 3,000 ₦ | - 32% | |
| 1 box of antibiotics (12 doses) | $17 (6,072 ₦) | 5,000 ₦ | + 21% | |
| Short visit to private Doctor (15 minutes) | $62 (22,272 ₦) | 10,000 ₦ | + 123% | |
| 1 box of 32 tampons (Tampax, OB, ...) | $5.44 (1,969 ₦) | 5,000 ₦ | - 61% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | $3.00 (1,087 ₦) | 3,750 ₦ | - 71% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | $3.39 (1,226 ₦) | 2,000 ₦ | - 39% | |
| 4 rolls of toilet paper | $2.26 (818 ₦) | 1,000 ₦ | - 18% | |
| Tube of toothpaste | $2.11 (765 ₦) | 500 ₦ | + 53% | |
| Standard men's haircut in expat area of the city | $11 (4,090 ₦) | 1,000 ₦ | + 309% | |
| Entertainment | - 22% | |||
| Entertainment in Ponce (Puerto Rico) is 22% cheaper than in Akure (Nigeria) | ||||
| Basic dinner out for two in neighborhood pub | $38 (13,780 ₦) | 5,000 ₦ | + 176% | |
| 2 tickets to the movies | $15 (5,433 ₦) | 5,000 ₦ | + 9% | |
| 2 tickets to the theater (best available seats) | $70 (25,464 ₦) | - | - | |
| Dinner for two at an Italian restaurant in the expat area including appetisers, main course, wine and dessert | $71 (25,767 ₦) | 5,000 ₦ | + 415% | |
| 1 cocktail drink in downtown club | $7 (2,420 ₦) | 3,000 ₦ | - 19% | |
| Cappuccino in expat area of the city | $3.55 (1,283 ₦) | 2,000 ₦ | - 36% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | $3.13 (1,132 ₦) | 10,000 ₦ | - 89% | |
| iPad Wi-Fi 128GB | $650 (235,164 ₦) | - | - | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | $0.15 (55 ₦) | 200 ₦ | - 72% | |
| 1 month of gym membership in business district | $31 (11,043 ₦) | 5,000 ₦ | + 121% | |
| 1 package of Marlboro cigarettes | $7 (2,651 ₦) | 500 ₦ | + 430% | |
| TOTAL | - 47% | |||
This comparison is lacking data. It provides a decent comparison, but it is not yet reliable. It is based on 143 prices entered by 5 different people.
These prices were last updated on February 19, 2019.
Exchange rate:
361.790
NGN
/
USD
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Cost of living in Ponce (Puerto Rico) is 47% cheaper than in Akure (Nigeria)
For example, to keep the same standard of living that would require
1,410,000 ₦
in Akure
you would need to make just about 744,958 ₦
($2,059)
in Ponce.
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