- Cost of Living
- Nigeria
- Iran
- Comparison
Cost of living in Nigeria compared to Iran
Currency:
| Food | + 54% | |||
|---|---|---|---|---|
| Food in Nigeria is 54% more expensive than in Iran | ||||
| Basic lunchtime menu (including a drink) in the business district | 2,569 ₦ (﷼ 297,134) | ﷼ 234,888 | + 27% | |
| Combo meal in fast food restaurant (Big Mac Meal or similar) | 1,930 ₦ (﷼ 223,233) | ﷼ 211,578 | + 6% | |
| 500 gr (1 lb.) of boneless chicken breast | 998 ₦ (﷼ 115,479) | ﷼ 77,307 | + 49% | |
| 1 liter (1 qt.) of whole fat milk | 823 ₦ (﷼ 95,143) | ﷼ 29,005 | + 228% | |
| 12 eggs, large | 601 ₦ (﷼ 69,566) | ﷼ 79,038 | - 12% | |
| 1 kg (2 lb.) of tomatoes | 626 ₦ (﷼ 72,407) | ﷼ 29,893 | + 142% | |
| 500 gr (16 oz.) of local cheese | 2,080 ₦ (﷼ 240,584) | ﷼ 101,171 | + 138% | |
| 1 kg (2 lb.) of apples | 1,148 ₦ (﷼ 132,811) | ﷼ 45,598 | + 191% | |
| 1 kg (2 lb.) of potatoes | 822 ₦ (﷼ 95,088) | ﷼ 23,480 | + 305% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 338 ₦ (﷼ 39,108) | - | - | |
| 1 bottle of red table wine, good quality | 2,313 ₦ (﷼ 267,530) | - | - | |
| 2 liters of Coca-Cola | 385 ₦ (﷼ 44,569) | ﷼ 32,949 | + 35% | |
| Bread for 2 people for 1 day | 374 ₦ (﷼ 43,289) | ﷼ 19,921 | + 117% | |
| Housing | - 24% | |||
| Housing in Nigeria is 24% cheaper than in Iran | ||||
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in EXPENSIVE area | 337,231 ₦ (﷼ 39,008,547) | ﷼ 50,779,200 | - 23% | |
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in NORMAL area | 265,824 ₦ (﷼ 30,748,680) | ﷼ 28,109,500 | + 9% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 27,010 ₦ (﷼ 3,124,376) | ﷼ 4,977,420 | - 37% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in EXPENSIVE area | 216,517 ₦ (﷼ 25,045,188) | ﷼ 33,116,100 | - 24% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in NORMAL area | 119,786 ₦ (﷼ 13,856,015) | ﷼ 20,288,700 | - 32% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 Sqft) studio | 17,516 ₦ (﷼ 2,026,153) | ﷼ 2,484,600 | - 18% | |
| Internet 8 Mbps (1 month) | 5,493 ₦ (﷼ 635,425) | ﷼ 599,406 | + 6% | |
| 40” flat screen TV | 117,048 ₦ (﷼ 13,539,302) | ﷼ 25,304,400 | - 46% | |
| Microwave 800/900 Watt (Bosch, Panasonic, LG, Sharp, or equivalent brands) | 38,623 ₦ (﷼ 4,467,595) | ﷼ 14,585,200 | - 69% | |
| Laundry detergent (3 l. ~ 100 oz.) | 1,169 ₦ (﷼ 135,243) | ﷼ 173,345 | - 22% | |
| Hourly rate for cleaning help | 1,491 ₦ (﷼ 172,485) | ﷼ 238,593 | - 28% | |
| Clothes | - 45% | |||
| Clothes in Nigeria is 45% cheaper than in Iran | ||||
| 1 pair of jeans (Levis 501 or similar) | 6,602 ₦ (﷼ 763,648) | ﷼ 1,804,580 | - 58% | |
| 1 summer dress in a High Street Store (Zara, H&M or similar retailers) | 9,445 ₦ (﷼ 1,092,488) | ﷼ 1,944,070 | - 44% | |
| 1 pair of sport shoes (Nike, Adidas, or equivalent brands) | 16,922 ₦ (﷼ 1,957,466) | ﷼ 5,283,160 | - 63% | |
| 1 pair of men’s leather business shoes | 27,551 ₦ (﷼ 3,186,955) | ﷼ 3,246,190 | - 2% | |
| Transportation | - 6% | |||
| Transportation in Nigeria is 6% cheaper than in Iran | ||||
| Volkswagen Golf 1.4 TSI 150 CV (or equivalent), with no extras, new | 6,199,200 ₦ (﷼ 717,080,538) | ﷼ 1,397,230,000 | - 49% | |
| 1 liter (1/4 gallon) of gas | 152 ₦ (﷼ 17,557) | ﷼ 10,000 | + 76% | |
| Monthly ticket public transport | 10,880 ₦ (﷼ 1,258,535) | ﷼ 756,173 | + 66% | |
| Personal Care | - 6% | |||
| Personal Care in Nigeria is 6% cheaper than in Iran | ||||
| Cold medicine for 6 days (Tylenol, Frenadol, Coldrex, or equivalent brands) | 1,672 ₦ (﷼ 193,457) | ﷼ 76,545 | + 153% | |
| 1 box of antibiotics (12 doses) | 1,933 ₦ (﷼ 223,604) | ﷼ 132,971 | + 68% | |
| Short visit to private Doctor (15 minutes) | 7,629 ₦ (﷼ 882,522) | ﷼ 539,006 | + 64% | |
| 1 box of 32 tampons (Tampax, OB, ...) | 1,414 ₦ (﷼ 163,535) | ﷼ 160,863 | + 2% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 1,122 ₦ (﷼ 129,785) | ﷼ 189,481 | - 32% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 1,483 ₦ (﷼ 171,506) | ﷼ 165,998 | + 3% | |
| 4 rolls of toilet paper | 417 ₦ (﷼ 48,197) | ﷼ 79,817 | - 40% | |
| Tube of toothpaste | 439 ₦ (﷼ 50,730) | ﷼ 99,712 | - 49% | |
| Standard men's haircut in expat area of the city | 1,439 ₦ (﷼ 166,407) | ﷼ 240,262 | - 31% | |
| Entertainment | + 5% | |||
| Entertainment in Nigeria is 5% more expensive than in Iran | ||||
| Basic dinner out for two in neighborhood pub | 5,811 ₦ (﷼ 672,195) | ﷼ 581,002 | + 16% | |
| 2 tickets to the movies | 3,124 ₦ (﷼ 361,321) | ﷼ 231,064 | + 56% | |
| 2 tickets to the theater (best available seats) | 17,434 ₦ (﷼ 2,016,598) | ﷼ 1,335,700 | + 51% | |
| Dinner for two at an Italian restaurant in the expat area including appetisers, main course, wine and dessert | 16,701 ₦ (﷼ 1,931,833) | ﷼ 1,169,780 | + 65% | |
| 1 cocktail drink in downtown club | 2,468 ₦ (﷼ 285,525) | - | - | |
| Cappuccino in expat area of the city | 1,457 ₦ (﷼ 168,480) | ﷼ 134,374 | + 25% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 519 ₦ (﷼ 60,075) | - | - | |
| iPad Wi-Fi 128GB | 231,505 ₦ (﷼ 26,778,896) | ﷼ 30,017,900 | - 11% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 28 ₦ (﷼ 3,214) | ﷼ 5,365 | - 40% | |
| 1 month of gym membership in business district | 14,746 ₦ (﷼ 1,705,669) | ﷼ 1,446,540 | + 18% | |
| 1 package of Marlboro cigarettes | 453 ₦ (﷼ 52,423) | ﷼ 126,358 | - 59% | |
| TOTAL | - 5% | |||
These prices were last updated on October 17, 2018.
Exchange rate:
115.673
IRR
/
NGN
*
This comparison is based on abundant and consistent data. It is based on 8,603 prices entered by 758 different people.
Cost of living in Nigeria is 5% cheaper than in Iran
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