- Cost of Living
- Venezuela
- Nigeria
- Turmero
- Akure
- Comparison
Cost of living in Turmero, Venezuela vs Akure, Nigeria

Currency:
Food | - 54% | |||
---|---|---|---|---|
Food in Turmero (Venezuela) is 54% 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. (4.38 ₦) | 10,000 ₦ | - 100% | |
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. (2.19 ₦) | 5,000 ₦ | - 100% | |
1 bottle of red table wine, good quality | - | 3,000 ₦ | - | |
2 liters of Coca-Cola | 13 Bs.S. (1.42 ₦) | 1,000 ₦ | - 100% | |
Bread for 2 people for 1 day | - | 1,000 ₦ | - | |
Housing | - 6% | |||
Housing in Turmero (Venezuela) is 6% cheaper than in Akure (Nigeria) | ||||
Monthly rent for 85 m2 (900 Sqft) furnished accommodation in EXPENSIVE area | 1,000,000 Bs.S. (109,576 ₦) | - | - | |
Monthly rent for 85 m2 (900 Sqft) furnished accommodation in NORMAL area | 700,000 Bs.S. (76,703 ₦) | 150,000 ₦ | - 49% | |
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. (87,661 ₦) | - | - | |
Monthly rent for a 45 m2 (480 Sqft) furnished studio in NORMAL area | 500,000 Bs.S. (54,788 ₦) | - | - | |
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. (657 ₦) | 5,000 ₦ | - 87% | |
Hourly rate for cleaning help | 1,500 Bs.S. (164 ₦) | 1,000 ₦ | - 84% | |
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 | - 22% | |||
Transportation in Turmero (Venezuela) is 22% cheaper than in Akure (Nigeria) | ||||
Volkswagen Golf 1.4 TSI 150 CV (or equivalent), with no extras, new | 10,000,000 Bs.S. (1,095,759 ₦) | - | - | |
1 liter (1/4 gallon) of gas | 100 Bs.S. (11 ₦) | 500 ₦ | - 98% | |
Monthly ticket public transport | - | - | - | |
Taxi trip on a business day, basic tariff, 8 km. (5 miles) | - | 48,867 ₦ | - | |
Personal Care | - 15% | |||
Personal Care in Turmero (Venezuela) is 15% cheaper 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. (2,192 ₦) | 10,000 ₦ | - 78% | |
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. (657 ₦) | 1,000 ₦ | - 34% | |
Entertainment | - 62% | |||
Entertainment in Turmero (Venezuela) is 62% cheaper 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. (5,479 ₦) | - | - | |
Dinner for two at an Italian restaurant in the expat area including appetisers, main course, wine and dessert | 15,000 Bs.S. (1,644 ₦) | 5,000 ₦ | - 67% | |
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. (384 ₦) | 10,000 ₦ | - 96% | |
iPad Wi-Fi 128GB | 200,000 Bs.S. (21,915 ₦) | - | - | |
1 min. of prepaid mobile tariff (no discounts or plans) | 100 Bs.S. (11 ₦) | 200 ₦ | - 95% | |
1 month of gym membership in business district | 25,000 Bs.S. (2,739 ₦) | 5,000 ₦ | - 45% | |
1 package of Marlboro cigarettes | - | 500 ₦ | - | |
TOTAL | - 36% |

These prices were last updated on February 16, 2019.
Exchange rate:
0.10958
NGN
/
VES
*
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Cost of living in Turmero (Venezuela) is 36% cheaper than in Akure (Nigeria)
For example, to keep the same standard of living that would require
315,000 ₦
in Akure
you would need to make just about 200,451 ₦
(1,829,336 Bs.S.)
in Turmero.
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