- Cost of Living
- Nigeria
- Iran
- Comparison
Cost of living in Nigeria compared to Iran
Currency:
| Food | + 46% | |||
|---|---|---|---|---|
| Food in Nigeria is 46% more expensive than in Iran | ||||
| Basic lunchtime menu (including a drink) in the business district | 2,358 ₦ (﷼ 272,426) | ﷼ 244,537 | + 11% | |
| Combo meal in fast food restaurant (Big Mac Meal or similar) | 2,009 ₦ (﷼ 232,043) | ﷼ 220,848 | + 5% | |
| 500 gr (1 lb.) of boneless chicken breast | 945 ₦ (﷼ 109,181) | ﷼ 81,723 | + 34% | |
| 1 liter (1 qt.) of whole fat milk | 891 ₦ (﷼ 102,893) | ﷼ 30,873 | + 233% | |
| 12 eggs, large | 572 ₦ (﷼ 66,093) | ﷼ 83,619 | - 21% | |
| 1 kg (2 lb.) of tomatoes | 634 ₦ (﷼ 73,228) | ﷼ 32,807 | + 123% | |
| 500 gr (16 oz.) of local cheese | 2,069 ₦ (﷼ 239,000) | ﷼ 102,587 | + 133% | |
| 1 kg (2 lb.) of apples | 1,160 ₦ (﷼ 133,940) | ﷼ 49,889 | + 168% | |
| 1 kg (2 lb.) of potatoes | 918 ₦ (﷼ 106,085) | ﷼ 24,993 | + 324% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 333 ₦ (﷼ 38,454) | - | - | |
| 1 bottle of red table wine, good quality | 2,423 ₦ (﷼ 279,914) | - | - | |
| 2 liters of Coca-Cola | 368 ₦ (﷼ 42,562) | ﷼ 35,191 | + 21% | |
| Bread for 2 people for 1 day | 368 ₦ (﷼ 42,493) | ﷼ 20,666 | + 106% | |
| Housing | - 27% | |||
| Housing in Nigeria is 27% cheaper than in Iran | ||||
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in EXPENSIVE area | 374,034 ₦ (﷼ 43,206,670) | ﷼ 52,872,200 | - 18% | |
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in NORMAL area | 313,093 ₦ (﷼ 36,167,049) | ﷼ 29,837,600 | + 21% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 30,732 ₦ (﷼ 3,550,041) | ﷼ 5,033,710 | - 29% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in EXPENSIVE area | 216,395 ₦ (﷼ 24,996,945) | ﷼ 36,880,900 | - 32% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in NORMAL area | 113,871 ₦ (﷼ 13,153,849) | ﷼ 25,768,200 | - 49% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 Sqft) studio | 18,911 ₦ (﷼ 2,184,499) | ﷼ 5,026,240 | - 57% | |
| Internet 8 Mbps (1 month) | 6,931 ₦ (﷼ 800,667) | ﷼ 715,677 | + 12% | |
| 40” flat screen TV | 119,290 ₦ (﷼ 13,779,827) | ﷼ 29,602,200 | - 53% | |
| Microwave 800/900 Watt (Bosch, Panasonic, LG, Sharp, or equivalent brands) | 35,316 ₦ (﷼ 4,079,529) | ﷼ 15,927,300 | - 74% | |
| Laundry detergent (3 l. ~ 100 oz.) | 1,142 ₦ (﷼ 131,928) | ﷼ 180,721 | - 27% | |
| Hourly rate for cleaning help | 1,488 ₦ (﷼ 171,859) | ﷼ 222,476 | - 23% | |
| Clothes | - 41% | |||
| Clothes in Nigeria is 41% cheaper than in Iran | ||||
| 1 pair of jeans (Levis 501 or similar) | 6,922 ₦ (﷼ 799,640) | ﷼ 1,868,090 | - 57% | |
| 1 summer dress in a High Street Store (Zara, H&M or similar retailers) | 11,004 ₦ (﷼ 1,271,131) | ﷼ 1,935,510 | - 34% | |
| 1 pair of sport shoes (Nike, Adidas, or equivalent brands) | 17,547 ₦ (﷼ 2,026,994) | ﷼ 6,105,390 | - 67% | |
| 1 pair of men’s leather business shoes | 30,237 ₦ (﷼ 3,492,815) | ﷼ 3,419,200 | + 2% | |
| Transportation | - 26% | |||
| Transportation in Nigeria is 26% cheaper than in Iran | ||||
| Volkswagen Golf 1.4 TSI 150 CV (or equivalent), with no extras, new | 5,470,950 ₦ (﷼ 631,978,726) | ﷼ 1,872,900,000 | - 66% | |
| 1 liter (1/4 gallon) of gas | 152 ₦ (﷼ 17,567) | ﷼ 10,000 | + 76% | |
| Monthly ticket public transport | 10,211 ₦ (﷼ 1,179,504) | ﷼ 705,847 | + 67% | |
| Personal Care | - 10% | |||
| Personal Care in Nigeria is 10% cheaper than in Iran | ||||
| Cold medicine for 6 days (Tylenol, Frenadol, Coldrex, or equivalent brands) | 1,712 ₦ (﷼ 197,709) | ﷼ 69,379 | + 185% | |
| 1 box of antibiotics (12 doses) | 1,894 ₦ (﷼ 218,821) | ﷼ 129,292 | + 69% | |
| Short visit to private Doctor (15 minutes) | 7,666 ₦ (﷼ 885,498) | ﷼ 550,405 | + 61% | |
| 1 box of 32 tampons (Tampax, OB, ...) | 1,414 ₦ (﷼ 163,312) | ﷼ 169,273 | - 4% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 1,096 ₦ (﷼ 126,657) | ﷼ 183,696 | - 31% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 1,358 ₦ (﷼ 156,812) | ﷼ 162,682 | - 4% | |
| 4 rolls of toilet paper | 382 ₦ (﷼ 44,089) | ﷼ 86,069 | - 49% | |
| Tube of toothpaste | 488 ₦ (﷼ 56,349) | ﷼ 109,444 | - 49% | |
| Standard men's haircut in expat area of the city | 1,562 ₦ (﷼ 180,485) | ﷼ 254,365 | - 29% | |
| Entertainment | - 9% | |||
| Entertainment in Nigeria is 9% cheaper than in Iran | ||||
| Basic dinner out for two in neighborhood pub | 5,380 ₦ (﷼ 621,501) | ﷼ 593,393 | + 5% | |
| 2 tickets to the movies | 3,270 ₦ (﷼ 377,785) | ﷼ 234,653 | + 61% | |
| 2 tickets to the theater (best available seats) | 17,434 ₦ (﷼ 2,013,848) | ﷼ 1,647,340 | + 22% | |
| Dinner for two at an Italian restaurant in the expat area including appetisers, main course, wine and dessert | 14,287 ₦ (﷼ 1,650,310) | ﷼ 1,230,930 | + 34% | |
| 1 cocktail drink in downtown club | 2,654 ₦ (﷼ 306,581) | - | - | |
| Cappuccino in expat area of the city | 1,457 ₦ (﷼ 168,250) | ﷼ 142,847 | + 18% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 559 ₦ (﷼ 64,521) | - | - | |
| iPad Wi-Fi 128GB | 178,066 ₦ (﷼ 20,569,357) | ﷼ 37,704,700 | - 45% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 43 ₦ (﷼ 4,964) | ﷼ 4,622 | + 7% | |
| 1 month of gym membership in business district | 14,754 ₦ (﷼ 1,704,302) | ﷼ 1,653,050 | + 3% | |
| 1 package of Marlboro cigarettes | 461 ₦ (﷼ 53,247) | ﷼ 145,252 | - 63% | |
| TOTAL | - 14% | |||
These prices were last updated on December 10, 2018.
Exchange rate:
115.515
IRR
/
NGN
*
This comparison is based on abundant and consistent data. It is based on 8,989 prices entered by 810 different people.
Cost of living in Nigeria is 14% cheaper than in Iran
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