Cost of living in Nigeria compared to Bangladesh
Currency:
| Food | + 6% | |||
|---|---|---|---|---|
| Food in Nigeria is 6% more expensive than in Bangladesh | ||||
| Basic lunchtime menu (including a drink) in the business district | 2,074 ₦ (Taka 461) | Taka 228 | + 102% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 2,369 ₦ (Taka 527) | Taka 356 | + 48% | |
| 500 gr (1 lb.) of boneless chicken breast | 1,030 ₦ (Taka 229) | Taka 188 | + 22% | |
| 1 liter (1 qt.) of whole fat milk | 752 ₦ (Taka 167) | Taka 76 | + 120% | |
| 12 eggs, large | 708 ₦ (Taka 158) | Taka 106 | + 48% | |
| 1 kg (2 lb.) of tomatoes | 533 ₦ (Taka 119) | Taka 57 | + 110% | |
| 500 gr (16 oz.) of local cheese | 3,269 ₦ (Taka 727) | Taka 511 | + 42% | |
| 1 kg (2 lb.) of apples | 847 ₦ (Taka 188) | Taka 159 | + 19% | |
| 1 kg (2 lb.) of potatoes | 961 ₦ (Taka 214) | Taka 30 | + 613% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 440 ₦ (Taka 98) | Taka 448 | - 78% | |
| 1 bottle of red table wine, good quality | 2,826 ₦ (Taka 629) | Taka 1,508 | - 58% | |
| 2 liters of coca-cola | 306 ₦ (Taka 68) | Taka 103 | - 34% | |
| Bread for 2 people for 1 day | 361 ₦ (Taka 80) | Taka 42 | + 92% | |
| Housing | + 17% | |||
| Housing in Nigeria is 17% more expensive than in Bangladesh | ||||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 427,015 ₦ (Taka 94,989) | Taka 64,159 | + 48% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 169,522 ₦ (Taka 37,710) | Taka 35,369 | + 7% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 31,646 ₦ (Taka 7,040) | Taka 4,449 | + 58% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 125,257 ₦ (Taka 27,863) | Taka 39,073 | - 29% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 115,758 ₦ (Taka 25,750) | Taka 22,885 | + 13% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 21,205 ₦ (Taka 4,717) | Taka 4,140 | + 14% | |
| Internet 8 mbps (1 month) | 9,971 ₦ (Taka 2,218) | Taka 1,111 | + 100% | |
| 40” flat screen tv | 75,224 ₦ (Taka 16,733) | Taka 37,922 | - 56% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 31,266 ₦ (Taka 6,955) | Taka 15,038 | - 54% | |
| Laundry detergent (3 l. ~ 100 oz.) | 1,281 ₦ (Taka 285) | Taka 360 | - 21% | |
| Hourly rate for cleaning help | 1,000 ₦ (Taka 222) | Taka 621 | - 64% | |
| Clothes | - 5% | |||
| Clothes in Nigeria is 5% cheaper than in Bangladesh | ||||
| 1 pair of jeans (levis 501 or similar) | 6,646 ₦ (Taka 1,478) | Taka 1,987 | - 26% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 11,438 ₦ (Taka 2,544) | Taka 2,314 | + 10% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 16,911 ₦ (Taka 3,762) | Taka 6,592 | - 43% | |
| 1 pair of men’s leather business shoes | 20,625 ₦ (Taka 4,588) | Taka 4,486 | + 2% | |
| Transportation | - 17% | |||
| Transportation in Nigeria is 17% cheaper than in Bangladesh | ||||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 7,702,020 ₦ (Taka 1,713,299) | Taka 2,688,560 | - 36% | |
| 1 liter (1/4 gallon) of gas | 144 ₦ (Taka 32) | Taka 94 | - 66% | |
| Monthly ticket public transport | 12,525 ₦ (Taka 2,786) | Taka 2,108 | + 32% | |
| Personal Care | + 28% | |||
| Personal Care in Nigeria is 28% more expensive than in Bangladesh | ||||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 1,669 ₦ (Taka 371) | Taka 129 | + 188% | |
| 1 box of antibiotics (12 doses) | 2,343 ₦ (Taka 521) | Taka 491 | + 6% | |
| Short visit to private doctor (15 minutes) | 15,181 ₦ (Taka 3,377) | Taka 1,039 | + 225% | |
| 1 box of 32 tampons (tampax, ob, ...) | 1,323 ₦ (Taka 294) | Taka 405 | - 27% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 902 ₦ (Taka 201) | Taka 230 | - 13% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 1,815 ₦ (Taka 404) | Taka 411 | - 2% | |
| 4 rolls of toilet paper | 354 ₦ (Taka 79) | Taka 82 | - 4% | |
| Tube of toothpaste | 520 ₦ (Taka 116) | Taka 100 | + 16% | |
| Standard men's haircut in expat area of the city | 2,337 ₦ (Taka 520) | Taka 240 | + 117% | |
| Entertainment | + 15% | |||
| Entertainment in Nigeria is 15% more expensive than in Bangladesh | ||||
| Basic dinner out for two in neighborhood pub | 5,838 ₦ (Taka 1,299) | Taka 1,281 | + 1% | |
| 2 tickets to the movies | 3,848 ₦ (Taka 856) | Taka 958 | - 11% | |
| 2 tickets to the theater (best available seats) | 13,722 ₦ (Taka 3,052) | Taka 2,373 | + 29% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 27,860 ₦ (Taka 6,197) | Taka 2,103 | + 195% | |
| 1 cocktail drink in downtown club | 2,455 ₦ (Taka 546) | Taka 1,179 | - 54% | |
| Cappuccino in expat area of the city | 1,814 ₦ (Taka 403) | Taka 284 | + 42% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 511 ₦ (Taka 114) | Taka 632 | - 82% | |
| Ipad wi-fi 128gb | 163,040 ₦ (Taka 36,268) | Taka 35,756 | + 1% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 33 ₦ (Taka 7) | Taka 6.00 | + 23% | |
| 1 month of gym membership in business district | 16,561 ₦ (Taka 3,684) | Taka 1,420 | + 159% | |
| 1 package of marlboro cigarettes | 541 ₦ (Taka 120) | Taka 266 | - 55% | |
| TOTAL | + 4% | |||
This comparison has some inconsistent or sparse data. It already provides a reliable comparison but it is not bullet-proof. It is based on 1,915 prices entered by 336 different people.
These prices were last updated on February 28, 2021.
Exchange rate:
0.22245
BDT
/
NGN
*
Cost of living in Nigeria is 4% more expensive than in Bangladesh
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