Cost of living in Nigeria compared to Bangladesh
Currency:
| Food | + 2% | |||
|---|---|---|---|---|
| Food in Nigeria is about the same as in Bangladesh | ||||
| Basic lunchtime menu (including a drink) in the business district | 2,244 ₦ (Taka 524) | Taka 264 | + 99% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 1,552 ₦ (Taka 363) | Taka 397 | - 9% | |
| 500 gr (1 lb.) of boneless chicken breast | 939 ₦ (Taka 219) | Taka 160 | + 37% | |
| 1 liter (1 qt.) of whole fat milk | 802 ₦ (Taka 187) | Taka 81 | + 132% | |
| 12 eggs, large | 551 ₦ (Taka 129) | Taka 116 | + 11% | |
| 1 kg (2 lb.) of tomatoes | 686 ₦ (Taka 160) | Taka 52 | + 210% | |
| 500 gr (16 oz.) of local cheese | 2,314 ₦ (Taka 541) | Taka 434 | + 25% | |
| 1 kg (2 lb.) of apples | 1,258 ₦ (Taka 294) | Taka 186 | + 58% | |
| 1 kg (2 lb.) of potatoes | 647 ₦ (Taka 151) | Taka 25 | + 503% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 328 ₦ (Taka 77) | Taka 426 | - 82% | |
| 1 bottle of red table wine, good quality | 2,879 ₦ (Taka 673) | Taka 1,872 | - 64% | |
| 2 liters of coca-cola | 360 ₦ (Taka 84) | Taka 102 | - 18% | |
| Bread for 2 people for 1 day | 370 ₦ (Taka 86) | Taka 41 | + 109% | |
| Housing | + 61% | |||
| Housing in Nigeria is 61% more expensive than in Bangladesh | ||||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 450,052 ₦ (Taka 105,171) | Taka 48,433 | + 117% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 277,945 ₦ (Taka 64,952) | Taka 27,702 | + 134% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 20,990 ₦ (Taka 4,905) | Taka 4,496 | + 9% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 336,264 ₦ (Taka 78,580) | Taka 34,541 | + 127% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 280,671 ₦ (Taka 65,589) | Taka 19,179 | + 242% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 12,211 ₦ (Taka 2,854) | Taka 3,784 | - 25% | |
| Internet 8 mbps (1 month) | 8,757 ₦ (Taka 2,046) | Taka 1,257 | + 63% | |
| 40” flat screen tv | 84,820 ₦ (Taka 19,821) | Taka 35,775 | - 45% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 31,502 ₦ (Taka 7,362) | Taka 12,836 | - 43% | |
| Laundry detergent (3 l. ~ 100 oz.) | 1,122 ₦ (Taka 262) | Taka 341 | - 23% | |
| Hourly rate for cleaning help | 1,192 ₦ (Taka 278) | Taka 1,289 | - 78% | |
| Clothes | + 30% | |||
| Clothes in Nigeria is 30% more expensive than in Bangladesh | ||||
| 1 pair of jeans (levis 501 or similar) | 7,198 ₦ (Taka 1,682) | Taka 1,687 | - 0% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 10,494 ₦ (Taka 2,452) | Taka 1,618 | + 52% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 14,247 ₦ (Taka 3,329) | Taka 4,829 | - 31% | |
| 1 pair of men’s leather business shoes | 21,849 ₦ (Taka 5,106) | Taka 3,696 | + 38% | |
| Transportation | - 7% | |||
| Transportation in Nigeria is 7% cheaper than in Bangladesh | ||||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 1,792,100 ₦ (Taka 418,789) | Taka 1,708,220 | - 75% | |
| 1 liter (1/4 gallon) of gas | 148 ₦ (Taka 35) | Taka 96 | - 64% | |
| Monthly ticket public transport | 16,973 ₦ (Taka 3,966) | Taka 2,184 | + 82% | |
| Personal Care | + 4% | |||
| Personal Care in Nigeria is 4% more expensive than in Bangladesh | ||||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 969 ₦ (Taka 226) | Taka 189 | + 20% | |
| 1 box of antibiotics (12 doses) | 2,812 ₦ (Taka 657) | Taka 588 | + 12% | |
| Short visit to private doctor (15 minutes) | 6,906 ₦ (Taka 1,614) | Taka 914 | + 77% | |
| 1 box of 32 tampons (tampax, ob, ...) | 1,561 ₦ (Taka 365) | Taka 560 | - 35% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 1,081 ₦ (Taka 253) | Taka 256 | - 1% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 1,092 ₦ (Taka 255) | Taka 340 | - 25% | |
| 4 rolls of toilet paper | 333 ₦ (Taka 78) | Taka 87 | - 10% | |
| Tube of toothpaste | 488 ₦ (Taka 114) | Taka 102 | + 11% | |
| Standard men's haircut in expat area of the city | 2,448 ₦ (Taka 572) | Taka 231 | + 147% | |
| Entertainment | + 6% | |||
| Entertainment in Nigeria is 6% more expensive than in Bangladesh | ||||
| Basic dinner out for two in neighborhood pub | 5,246 ₦ (Taka 1,226) | Taka 1,040 | + 18% | |
| 2 tickets to the movies | 3,961 ₦ (Taka 926) | Taka 878 | + 5% | |
| 2 tickets to the theater (best available seats) | 16,149 ₦ (Taka 3,774) | Taka 2,026 | + 86% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 17,569 ₦ (Taka 4,106) | Taka 2,200 | + 87% | |
| 1 cocktail drink in downtown club | 2,268 ₦ (Taka 530) | Taka 1,227 | - 57% | |
| Cappuccino in expat area of the city | 2,077 ₦ (Taka 485) | Taka 362 | + 34% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 567 ₦ (Taka 133) | Taka 540 | - 75% | |
| Ipad wi-fi 128gb | 68,273 ₦ (Taka 15,954) | Taka 35,756 | - 55% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 34 ₦ (Taka 8) | Taka 1.70 | + 368% | |
| 1 month of gym membership in business district | 15,010 ₦ (Taka 3,508) | Taka 1,903 | + 84% | |
| 1 package of marlboro cigarettes | 463 ₦ (Taka 108) | Taka 276 | - 61% | |
| TOTAL | + 17% | |||
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 2,288 prices entered by 243 different people.
These prices were last updated on February 26, 2020.
Exchange rate:
0.23369
BDT
/
NGN
Cost of living in Nigeria is 17% more expensive than in Bangladesh
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