- Cost of Living
- Nigeria
- Bangladesh
- Comparison
Cost of living in Nigeria compared to Bangladesh
Currency:
| Food | + 5% | |||
|---|---|---|---|---|
| Food in Nigeria is 5% more expensive than in Bangladesh | ||||
| Basic lunchtime menu (including a drink) in the business district | 2,350 ₦ (Taka 544) | Taka 379 | + 44% | |
| Combo meal in fast food restaurant (Big Mac Meal or similar) | 2,113 ₦ (Taka 489) | Taka 426 | + 15% | |
| 500 gr (1 lb.) of boneless chicken breast | 979 ₦ (Taka 226) | Taka 223 | + 2% | |
| 1 liter (1 qt.) of whole fat milk | 922 ₦ (Taka 213) | Taka 75 | + 186% | |
| 12 eggs, large | 574 ₦ (Taka 133) | Taka 102 | + 30% | |
| 1 kg (2 lb.) of tomatoes | 646 ₦ (Taka 150) | Taka 56 | + 167% | |
| 500 gr (16 oz.) of local cheese | 2,189 ₦ (Taka 506) | Taka 330 | + 53% | |
| 1 kg (2 lb.) of apples | 1,140 ₦ (Taka 264) | Taka 148 | + 78% | |
| 1 kg (2 lb.) of potatoes | 942 ₦ (Taka 218) | Taka 24 | + 796% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 321 ₦ (Taka 74) | Taka 318 | - 77% | |
| 1 bottle of red table wine, good quality | 2,387 ₦ (Taka 552) | Taka 2,478 | - 78% | |
| 2 liters of Coca-Cola | 373 ₦ (Taka 86) | Taka 101 | - 15% | |
| Bread for 2 people for 1 day | 375 ₦ (Taka 87) | Taka 47 | + 83% | |
| Housing | + 27% | |||
| Housing in Nigeria is 27% more expensive than in Bangladesh | ||||
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in EXPENSIVE area | 371,518 ₦ (Taka 85,948) | Taka 43,370 | + 98% | |
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in NORMAL area | 235,474 ₦ (Taka 54,475) | Taka 35,222 | + 55% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 28,635 ₦ (Taka 6,624) | Taka 3,522 | + 88% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in EXPENSIVE area | 204,970 ₦ (Taka 47,418) | Taka 46,238 | + 3% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in NORMAL area | 107,913 ₦ (Taka 24,965) | Taka 24,863 | + 0% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 Sqft) studio | 18,994 ₦ (Taka 4,394) | Taka 2,602 | + 69% | |
| Internet 8 Mbps (1 month) | 7,060 ₦ (Taka 1,633) | Taka 1,743 | - 6% | |
| 40” flat screen TV | 119,290 ₦ (Taka 27,597) | Taka 41,009 | - 33% | |
| Microwave 800/900 Watt (Bosch, Panasonic, LG, Sharp, or equivalent brands) | 33,500 ₦ (Taka 7,750) | Taka 14,235 | - 46% | |
| Laundry detergent (3 l. ~ 100 oz.) | 1,142 ₦ (Taka 264) | Taka 307 | - 14% | |
| Hourly rate for cleaning help | 2,599 ₦ (Taka 601) | Taka 549 | + 10% | |
| Clothes | + 5% | |||
| Clothes in Nigeria is 5% more expensive than in Bangladesh | ||||
| 1 pair of jeans (Levis 501 or similar) | 6,845 ₦ (Taka 1,584) | Taka 2,195 | - 28% | |
| 1 summer dress in a High Street Store (Zara, H&M or similar retailers) | 10,919 ₦ (Taka 2,526) | Taka 2,371 | + 7% | |
| 1 pair of sport shoes (Nike, Adidas, or equivalent brands) | 17,240 ₦ (Taka 3,988) | Taka 4,982 | - 20% | |
| 1 pair of men’s leather business shoes | 29,566 ₦ (Taka 6,840) | Taka 3,904 | + 75% | |
| Transportation | - 28% | |||
| Transportation in Nigeria is 28% cheaper than in Bangladesh | ||||
| Volkswagen Golf 1.4 TSI 150 CV (or equivalent), with no extras, new | 5,470,950 ₦ (Taka 1,265,659) | Taka 2,739,980 | - 54% | |
| 1 liter (1/4 gallon) of gas | 150 ₦ (Taka 35) | Taka 88 | - 61% | |
| Monthly ticket public transport | 11,277 ₦ (Taka 2,609) | Taka 2,280 | + 14% | |
| Personal Care | - 2% | |||
| Personal Care in Nigeria is 2% cheaper than in Bangladesh | ||||
| Cold medicine for 6 days (Tylenol, Frenadol, Coldrex, or equivalent brands) | 1,712 ₦ (Taka 396) | Taka 300 | + 32% | |
| 1 box of antibiotics (12 doses) | 1,740 ₦ (Taka 403) | Taka 540 | - 25% | |
| Short visit to private Doctor (15 minutes) | 7,626 ₦ (Taka 1,764) | Taka 1,213 | + 46% | |
| 1 box of 32 tampons (Tampax, OB, ...) | 1,581 ₦ (Taka 366) | Taka 339 | + 8% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 1,106 ₦ (Taka 256) | Taka 312 | - 18% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 1,336 ₦ (Taka 309) | Taka 361 | - 14% | |
| 4 rolls of toilet paper | 390 ₦ (Taka 90) | Taka 91 | - 1% | |
| Tube of toothpaste | 478 ₦ (Taka 111) | Taka 107 | + 3% | |
| Standard men's haircut in expat area of the city | 1,593 ₦ (Taka 369) | Taka 308 | + 20% | |
| Entertainment | - 10% | |||
| Entertainment in Nigeria is 10% cheaper than in Bangladesh | ||||
| Basic dinner out for two in neighborhood pub | 5,427 ₦ (Taka 1,256) | Taka 951 | + 32% | |
| 2 tickets to the movies | 3,246 ₦ (Taka 751) | Taka 760 | - 1% | |
| 2 tickets to the theater (best available seats) | 17,434 ₦ (Taka 4,033) | Taka 2,046 | + 97% | |
| Dinner for two at an Italian restaurant in the expat area including appetisers, main course, wine and dessert | 15,096 ₦ (Taka 3,492) | Taka 2,831 | + 23% | |
| 1 cocktail drink in downtown club | 2,655 ₦ (Taka 614) | Taka 1,364 | - 55% | |
| Cappuccino in expat area of the city | 1,656 ₦ (Taka 383) | Taka 300 | + 28% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 575 ₦ (Taka 133) | Taka 501 | - 73% | |
| iPad Wi-Fi 128GB | 178,983 ₦ (Taka 41,406) | Taka 35,756 | + 16% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 62 ₦ (Taka 14) | Taka 22 | - 36% | |
| 1 month of gym membership in business district | 14,751 ₦ (Taka 3,412) | Taka 2,792 | + 22% | |
| 1 package of Marlboro cigarettes | 473 ₦ (Taka 109) | Taka 232 | - 53% | |
| TOTAL | - 3% | |||
These prices were last updated on January 16, 2019.
Exchange rate:
0.23134
BDT
/
NGN
This comparison is based on abundant and consistent data. It is based on 3,563 prices entered by 462 different people.
Cost of living in Nigeria is about the same as in Bangladesh
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