- Cost of Living
- Venezuela
- Nigeria
- Turmero
- Akure
- Comparison
Cost of living in Turmero, Venezuela compared to Akure, Nigeria
WARNING!
Turmero has artificial and unrealistic official exchange rates.
You can also get this comparison using the parallel street rate in Turmero.
Currency:
| Food | - 52% | |||
|---|---|---|---|---|
| Food in Turmero (Venezuela) is 52% cheaper than in Akure (Nigeria) | ||||
| Basic lunchtime menu (including a drink) in the business district | - | 40,000 ₦ | - | |
| Combo meal in fast food restaurant (Big Mac Meal or similar) | - | 20,000 ₦ | - | |
| 500 gr (1 lb.) of boneless chicken breast | - | - | - | |
| 1 liter (1 qt.) of whole fat milk | - | 2,000 ₦ | - | |
| 12 eggs, large | - | 2,000 ₦ | - | |
| 1 kg (2 lb.) of tomatoes | - | 1,500 ₦ | - | |
| 500 gr (16 oz.) of local cheese | 40 Bs.S. (236 ₦) | 10,000 ₦ | - 98% | |
| 1 kg (2 lb.) of apples | - | 1,000 ₦ | - | |
| 1 kg (2 lb.) of potatoes | - | 2,000 ₦ | - | |
| 0.5 l (16 oz) domestic beer in the supermarket | 20 Bs.S. (118 ₦) | 5,000 ₦ | - 98% | |
| 1 bottle of red table wine, good quality | - | 3,000 ₦ | - | |
| 2 liters of Coca-Cola | 13 Bs.S. (77 ₦) | 1,000 ₦ | - 92% | |
| Bread for 2 people for 1 day | - | 1,000 ₦ | - | |
| Housing | + 166% | |||
| Housing in Turmero (Venezuela) is 166% more expensive than in Akure (Nigeria) | ||||
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in EXPENSIVE area | 1,000,000 Bs.S. (5,889,497 ₦) | - | - | |
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in NORMAL area | 700,000 Bs.S. (4,122,648 ₦) | 150,000 ₦ | + 2648% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | - | 50,000 ₦ | - | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in EXPENSIVE area | 800,000 Bs.S. (4,711,598 ₦) | - | - | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in NORMAL area | 500,000 Bs.S. (2,944,749 ₦) | - | - | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 Sqft) studio | - | - | - | |
| Internet 8 Mbps (1 month) | - | 5,000 ₦ | - | |
| 40” flat screen TV | - | 150,000 ₦ | - | |
| Microwave 800/900 Watt (Bosch, Panasonic, LG, Sharp, or equivalent brands) | - | 20,000 ₦ | - | |
| Laundry detergent (3 l. ~ 100 oz.) | 6,000 Bs.S. (35,337 ₦) | 5,000 ₦ | + 607% | |
| Hourly rate for cleaning help | 1,500 Bs.S. (8,834 ₦) | 1,000 ₦ | + 783% | |
| Clothes | ||||
| Clothes in Turmero (Venezuela) is in Akure (Nigeria) | ||||
| 1 pair of jeans (Levis 501 or similar) | - | 10,000 ₦ | - | |
| 1 summer dress in a High Street Store (Zara, H&M or similar retailers) | - | 15,000 ₦ | - | |
| 1 pair of sport shoes (Nike, Adidas, or equivalent brands) | - | 5,000 ₦ | - | |
| 1 pair of men’s leather business shoes | - | 25,000 ₦ | - | |
| Transportation | + 4% | |||
| Transportation in Turmero (Venezuela) is 4% more expensive than in Akure (Nigeria) | ||||
| Volkswagen Golf 1.4 TSI 150 CV (or equivalent), with no extras, new | 10,000,000 Bs.S. (58,894,975 ₦) | - | - | |
| 1 liter (1/4 gallon) of gas | 100 Bs.S. (589 ₦) | 500 ₦ | + 18% | |
| Monthly ticket public transport | - | - | - | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | - | 48,867 ₦ | - | |
| Personal Care | + 290% | |||
| Personal Care in Turmero (Venezuela) is 290% more expensive than in Akure (Nigeria) | ||||
| Cold medicine for 6 days (Tylenol, Frenadol, Coldrex, or equivalent brands) | - | 3,000 ₦ | - | |
| 1 box of antibiotics (12 doses) | - | 5,000 ₦ | - | |
| Short visit to private Doctor (15 minutes) | 20,000 Bs.S. (117,790 ₦) | 10,000 ₦ | + 1078% | |
| 1 box of 32 tampons (Tampax, OB, ...) | - | 5,000 ₦ | - | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | - | 3,750 ₦ | - | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | - | 2,000 ₦ | - | |
| 4 rolls of toilet paper | - | 1,000 ₦ | - | |
| Tube of toothpaste | - | 500 ₦ | - | |
| Standard men's haircut in expat area of the city | 6,000 Bs.S. (35,337 ₦) | 1,000 ₦ | + 3434% | |
| Entertainment | + 232% | |||
| Entertainment in Turmero (Venezuela) is 232% more expensive than in Akure (Nigeria) | ||||
| Basic dinner out for two in neighborhood pub | - | 5,000 ₦ | - | |
| 2 tickets to the movies | - | 5,000 ₦ | - | |
| 2 tickets to the theater (best available seats) | 50,000 Bs.S. (294,475 ₦) | - | - | |
| Dinner for two at an Italian restaurant in the expat area including appetisers, main course, wine and dessert | 15,000 Bs.S. (88,342 ₦) | 5,000 ₦ | + 1667% | |
| 1 cocktail drink in downtown club | - | 3,000 ₦ | - | |
| Cappuccino in expat area of the city | - | 2,000 ₦ | - | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 3,500 Bs.S. (20,613 ₦) | 10,000 ₦ | + 106% | |
| iPad Wi-Fi 128GB | 200,000 Bs.S. (1,177,899 ₦) | - | - | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 100 Bs.S. (589 ₦) | 200 ₦ | + 194% | |
| 1 month of gym membership in business district | 25,000 Bs.S. (147,237 ₦) | 5,000 ₦ | + 2845% | |
| 1 package of Marlboro cigarettes | - | 500 ₦ | - | |
| TOTAL | + 90% | |||
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 117 prices entered by 6 different people.
These prices were last updated on November 12, 2018.
Exchange rate:
5.889
NGN
/
VES
*
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Cost of living in Turmero (Venezuela) is 90% more expensive than in Akure (Nigeria)
For example, you would need at least 35,590,829 ₦
(6,043,101 Bs.S.)
in Turmero
to maintain the same standard of living that you can have with
18,700,000 ₦
in Akure.
Recent Prices Added
- Basic lunchtime menu (including a drink) in the business district in Matagalpa costs 70 C$ (less than a minute ago)
- 1 us gal of gasoline in Denver, Colorado costs $0.81 (about 2 hours ago)
- Monthly rent - 85 m2 furnished accommodation in expensive area in Kelowna costs C$2,200 (about 2 hours ago)
- Monthly rent - 85 m2 furnished accommodation in expensive area in Jakarta costs Rp 25,000,000 (about 3 hours ago)
- Jeans (levis 501 or similar) in Pittsburgh, Pennsylvania costs $25 (about 3 hours ago)
- Public transport in Brisbane costs AU$20 (about 3 hours ago)