Cost of living in Nigeria compared to Bangladesh
Currency:
| Food | + 3% | |||
|---|---|---|---|---|
| Food in Nigeria is about the same as in Bangladesh | ||||
| Nigeria | Bangladesh | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | 2,119 ₦ (Taka 302) | Taka 354 | - 15% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 3,174 ₦ (Taka 452) | Taka 372 | + 22% | |
| 500 gr (1 lb.) of boneless chicken breast | 2,563 ₦ (Taka 365) | Taka 192 | + 90% | |
| 1 liter (1 qt.) of whole fat milk | 1,441 ₦ (Taka 205) | Taka 91 | + 126% | |
| 12 eggs, large | 1,270 ₦ (Taka 181) | Taka 156 | + 16% | |
| 1 kg (2 lb.) of tomatoes | 991 ₦ (Taka 141) | Taka 83 | + 70% | |
| 500 gr (16 oz.) of local cheese | 2,753 ₦ (Taka 392) | Taka 697 | - 44% | |
| 1 kg (2 lb.) of apples | 2,293 ₦ (Taka 327) | Taka 209 | + 56% | |
| 1 kg (2 lb.) of potatoes | 1,917 ₦ (Taka 273) | Taka 41 | + 568% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 657 ₦ (Taka 94) | Taka 488 | - 81% | |
| 1 bottle of red table wine, good quality | 4,267 ₦ (Taka 608) | Taka 1,265 | - 52% | |
| 2 liters of coca-cola | 750 ₦ (Taka 107) | Taka 130 | - 18% | |
| Bread for 2 people for 1 day | 678 ₦ (Taka 97) | Taka 57 | + 71% | |
| Housing | + 47% | |||
| Housing in Nigeria is 47% more expensive than in Bangladesh | ||||
| Nigeria | Bangladesh | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 451,523 ₦ (Taka 64,293) | Taka 48,251 | + 33% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 228,437 ₦ (Taka 32,528) | Taka 35,702 | - 9% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 65,443 ₦ (Taka 9,319) | Taka 3,885 | + 140% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 514,982 ₦ (Taka 73,329) | Taka 61,660 | + 19% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 466,568 ₦ (Taka 66,436) | Taka 33,185 | + 100% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 126,232 ₦ (Taka 17,974) | Taka 3,381 | + 432% | |
| Internet 8 mbps (1 month) | 19,590 ₦ (Taka 2,790) | Taka 945 | + 195% | |
| 40” flat screen tv | 190,281 ₦ (Taka 27,095) | Taka 42,323 | - 36% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 71,787 ₦ (Taka 10,222) | Taka 19,150 | - 47% | |
| Laundry detergent (3 l. ~ 100 oz.) | 3,559 ₦ (Taka 507) | Taka 561 | - 10% | |
| Hourly rate for cleaning help | - | - | - | |
| Clothes | - 15% | |||
| Clothes in Nigeria is 15% cheaper than in Bangladesh | ||||
| Nigeria | Bangladesh | Diff | ||
| 1 pair of jeans (levis 501 or similar) | 12,848 ₦ (Taka 1,829) | Taka 2,028 | - 10% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 18,978 ₦ (Taka 2,702) | Taka 3,683 | - 27% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 36,493 ₦ (Taka 5,196) | Taka 7,920 | - 34% | |
| 1 pair of men’s leather business shoes | 69,715 ₦ (Taka 9,927) | Taka 4,630 | + 114% | |
| Transportation | - 30% | |||
| Transportation in Nigeria is 30% cheaper than in Bangladesh | ||||
| Nigeria | Bangladesh | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 5,616,260 ₦ (Taka 799,712) | Taka 4,000,000 | - 80% | |
| 1 liter (1/4 gallon) of gas | 485 ₦ (Taka 69) | Taka 128 | - 46% | |
| Monthly ticket public transport | 30,349 ₦ (Taka 4,321) | Taka 3,514 | + 23% | |
| Personal Care | + 0% | |||
| Personal Care in Nigeria is about the same as in Bangladesh | ||||
| Nigeria | Bangladesh | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 936 ₦ (Taka 133) | Taka 228 | - 42% | |
| 1 box of antibiotics (12 doses) | 8,438 ₦ (Taka 1,201) | Taka 647 | + 86% | |
| Short visit to private doctor (15 minutes) | 16,919 ₦ (Taka 2,409) | Taka 1,685 | + 43% | |
| 1 box of 32 tampons (tampax, ob, ...) | 2,431 ₦ (Taka 346) | Taka 409 | - 15% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 2,005 ₦ (Taka 286) | Taka 325 | - 12% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 1,872 ₦ (Taka 267) | Taka 468 | - 43% | |
| 4 rolls of toilet paper | 779 ₦ (Taka 111) | Taka 94 | + 19% | |
| Tube of toothpaste | 794 ₦ (Taka 113) | Taka 172 | - 34% | |
| Standard men's haircut in expat area of the city | 1,771 ₦ (Taka 252) | Taka 640 | - 61% | |
| Entertainment | - 2% | |||
| Entertainment in Nigeria is about the same as in Bangladesh | ||||
| Nigeria | Bangladesh | Diff | ||
| Basic dinner out for two in neighborhood pub | 12,066 ₦ (Taka 1,718) | Taka 1,598 | + 8% | |
| 2 tickets to the movies | 8,082 ₦ (Taka 1,151) | Taka 896 | + 28% | |
| 2 tickets to the theater (best available seats) | 13,012 ₦ (Taka 1,853) | Taka 1,777 | + 4% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 45,534 ₦ (Taka 6,484) | Taka 3,233 | + 101% | |
| 1 cocktail drink in downtown club | 6,738 ₦ (Taka 959) | Taka 999 | - 4% | |
| Cappuccino in expat area of the city | 1,500 ₦ (Taka 214) | Taka 266 | - 20% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 1,000 ₦ (Taka 142) | Taka 520 | - 73% | |
| Ipad wi-fi 128gb | 49,403 ₦ (Taka 7,035) | Taka 35,756 | - 80% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | - | Taka 10 | - | |
| 1 month of gym membership in business district | 17,745 ₦ (Taka 2,527) | Taka 2,120 | + 19% | |
| 1 package of marlboro cigarettes | 1,413 ₦ (Taka 201) | Taka 287 | - 30% | |
| TOTAL | - 2% | |||
This comparison is lacking data. It provides a decent comparison, but it is not yet reliable. It is based on 1,093 prices entered by 338 different people.
These prices were last updated on September 22, 2023.
Exchange rate:
0.14239
BDT
/
NGN
*
Cost of living in Nigeria is about the same as in Bangladesh
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