Cost of living in Nigeria compared to Bangladesh
Currency:
| Food | + 17% | |||
|---|---|---|---|---|
| Food in Nigeria is 17% more expensive than in Bangladesh | ||||
| Nigeria | Bangladesh | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | 3,461 ₦ (Taka 730) | Taka 535 | + 37% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 3,494 ₦ (Taka 737) | Taka 449 | + 64% | |
| 500 gr (1 lb.) of boneless chicken breast | 1,266 ₦ (Taka 267) | Taka 240 | + 11% | |
| 1 liter (1 qt.) of whole fat milk | 1,051 ₦ (Taka 222) | Taka 102 | + 117% | |
| 12 eggs, large | 808 ₦ (Taka 170) | Taka 133 | + 28% | |
| 1 kg (2 lb.) of tomatoes | 989 ₦ (Taka 209) | Taka 80 | + 162% | |
| 500 gr (16 oz.) of local cheese | 5,019 ₦ (Taka 1,059) | Taka 347 | + 206% | |
| 1 kg (2 lb.) of apples | 1,236 ₦ (Taka 261) | Taka 207 | + 26% | |
| 1 kg (2 lb.) of potatoes | 1,012 ₦ (Taka 213) | Taka 26 | + 713% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 367 ₦ (Taka 77) | Taka 571 | - 86% | |
| 1 bottle of red table wine, good quality | 4,640 ₦ (Taka 979) | Taka 1,347 | - 27% | |
| 2 liters of coca-cola | 659 ₦ (Taka 139) | Taka 112 | + 24% | |
| Bread for 2 people for 1 day | 528 ₦ (Taka 112) | Taka 53 | + 111% | |
| Housing | + 119% | |||
| Housing in Nigeria is 119% more expensive than in Bangladesh | ||||
| Nigeria | Bangladesh | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 600,977 ₦ (Taka 126,820) | Taka 43,087 | + 194% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 344,756 ₦ (Taka 72,751) | Taka 21,416 | + 240% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 21,473 ₦ (Taka 4,531) | Taka 4,489 | + 1% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 319,785 ₦ (Taka 67,482) | Taka 37,342 | + 81% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 184,708 ₦ (Taka 38,978) | Taka 20,129 | + 94% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 7,649 ₦ (Taka 1,614) | Taka 3,105 | - 48% | |
| Internet 8 mbps (1 month) | 17,828 ₦ (Taka 3,762) | Taka 947 | + 297% | |
| 40” flat screen tv | 105,832 ₦ (Taka 22,333) | Taka 36,542 | - 39% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 74,342 ₦ (Taka 15,688) | Taka 16,205 | - 3% | |
| Laundry detergent (3 l. ~ 100 oz.) | 1,818 ₦ (Taka 384) | Taka 369 | + 4% | |
| Hourly rate for cleaning help | - | - | - | |
| Clothes | - 3% | |||
| Clothes in Nigeria is about the same as in Bangladesh | ||||
| Nigeria | Bangladesh | Diff | ||
| 1 pair of jeans (levis 501 or similar) | 9,511 ₦ (Taka 2,007) | Taka 2,612 | - 23% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 14,349 ₦ (Taka 3,028) | Taka 3,117 | - 3% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 46,330 ₦ (Taka 9,777) | Taka 9,947 | - 2% | |
| 1 pair of men’s leather business shoes | 37,979 ₦ (Taka 8,014) | Taka 6,827 | + 17% | |
| Transportation | - 27% | |||
| Transportation in Nigeria is 27% cheaper than in Bangladesh | ||||
| Nigeria | Bangladesh | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 7,857,240 ₦ (Taka 1,658,059) | Taka 2,773,830 | - 40% | |
| 1 liter (1/4 gallon) of gas | 182 ₦ (Taka 39) | Taka 91 | - 58% | |
| Monthly ticket public transport | 8,326 ₦ (Taka 1,757) | Taka 1,696 | + 4% | |
| Personal Care | - 30% | |||
| Personal Care in Nigeria is 30% cheaper than in Bangladesh | ||||
| Nigeria | Bangladesh | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 526 ₦ (Taka 111) | Taka 296 | - 63% | |
| 1 box of antibiotics (12 doses) | 1,787 ₦ (Taka 377) | Taka 1,395 | - 73% | |
| Short visit to private doctor (15 minutes) | 15,152 ₦ (Taka 3,197) | Taka 1,191 | + 168% | |
| 1 box of 32 tampons (tampax, ob, ...) | 1,295 ₦ (Taka 273) | Taka 498 | - 45% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 1,096 ₦ (Taka 231) | Taka 208 | + 11% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 1,223 ₦ (Taka 258) | Taka 690 | - 63% | |
| 4 rolls of toilet paper | 604 ₦ (Taka 127) | Taka 173 | - 26% | |
| Tube of toothpaste | 529 ₦ (Taka 112) | Taka 229 | - 51% | |
| Standard men's haircut in expat area of the city | 1,631 ₦ (Taka 344) | Taka 304 | + 13% | |
| Entertainment | - 7% | |||
| Entertainment in Nigeria is 7% cheaper than in Bangladesh | ||||
| Nigeria | Bangladesh | Diff | ||
| Basic dinner out for two in neighborhood pub | 5,323 ₦ (Taka 1,123) | Taka 1,410 | - 20% | |
| 2 tickets to the movies | 5,345 ₦ (Taka 1,128) | Taka 885 | + 27% | |
| 2 tickets to the theater (best available seats) | 19,661 ₦ (Taka 4,149) | Taka 1,939 | + 114% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 9,858 ₦ (Taka 2,080) | Taka 3,617 | - 42% | |
| 1 cocktail drink in downtown club | 970 ₦ (Taka 205) | Taka 1,328 | - 85% | |
| Cappuccino in expat area of the city | 596 ₦ (Taka 126) | Taka 393 | - 68% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 579 ₦ (Taka 122) | Taka 594 | - 79% | |
| Ipad wi-fi 128gb | 182,671 ₦ (Taka 38,548) | Taka 35,756 | + 8% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 25 ₦ (Taka 5.20) | Taka 2.19 | + 137% | |
| 1 month of gym membership in business district | 20,152 ₦ (Taka 4,253) | Taka 1,057 | + 302% | |
| 1 package of marlboro cigarettes | 501 ₦ (Taka 106) | Taka 264 | - 60% | |
| TOTAL | + 18% | |||
This comparison is lacking data. It provides a decent comparison, but it is not yet reliable. It is based on 872 prices entered by 260 different people.
These prices were last updated on May 20, 2022.
Exchange rate:
0.21102
BDT
/
NGN
*
Cost of living in Nigeria is 18% more expensive than in Bangladesh
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