- Cost of Living
- Nigeria
- Iran
- Comparison
Cost of living in Nigeria compared to Iran
Currency:
| Food | + 63% | |||
|---|---|---|---|---|
| Food in Nigeria is 63% more expensive than in Iran | ||||
| Basic lunchtime menu (including a drink) in the business district | 2,471 ₦ (﷼ 293,056) | ﷼ 232,622 | + 26% | |
| Combo meal in fast food restaurant (Big Mac Meal or similar) | 1,941 ₦ (﷼ 230,261) | ﷼ 203,159 | + 13% | |
| 500 gr (1 lb.) of boneless chicken breast | 980 ₦ (﷼ 116,229) | ﷼ 73,246 | + 59% | |
| 1 liter (1 qt.) of whole fat milk | 821 ₦ (﷼ 97,393) | ﷼ 27,902 | + 249% | |
| 12 eggs, large | 593 ₦ (﷼ 70,371) | ﷼ 69,998 | + 1% | |
| 1 kg (2 lb.) of tomatoes | 668 ₦ (﷼ 79,189) | ﷼ 27,162 | + 192% | |
| 500 gr (16 oz.) of local cheese | 1,768 ₦ (﷼ 209,694) | ﷼ 95,536 | + 119% | |
| 1 kg (2 lb.) of apples | 1,079 ₦ (﷼ 128,004) | ﷼ 41,534 | + 208% | |
| 1 kg (2 lb.) of potatoes | 844 ₦ (﷼ 100,131) | ﷼ 22,407 | + 347% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 355 ₦ (﷼ 42,119) | - | - | |
| 1 bottle of red table wine, good quality | 2,472 ₦ (﷼ 293,197) | - | - | |
| 2 liters of Coca-Cola | 401 ₦ (﷼ 47,525) | ﷼ 30,986 | + 53% | |
| Bread for 2 people for 1 day | 365 ₦ (﷼ 43,319) | ﷼ 18,721 | + 131% | |
| Housing | - 11% | |||
| Housing in Nigeria is 11% cheaper than in Iran | ||||
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in EXPENSIVE area | 319,343 ₦ (﷼ 37,875,150) | ﷼ 45,495,500 | - 17% | |
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in NORMAL area | 218,393 ₦ (﷼ 25,902,142) | ﷼ 25,303,200 | + 2% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 24,717 ₦ (﷼ 2,931,460) | ﷼ 4,015,440 | - 27% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in EXPENSIVE area | 233,341 ₦ (﷼ 27,675,025) | ﷼ 30,732,200 | - 10% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in NORMAL area | 159,447 ₦ (﷼ 18,910,949) | ﷼ 19,153,500 | - 1% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 Sqft) studio | 23,589 ₦ (﷼ 2,797,711) | ﷼ 1,641,470 | + 70% | |
| Internet 8 Mbps (1 month) | 6,539 ₦ (﷼ 775,557) | ﷼ 636,012 | + 22% | |
| 40” flat screen TV | 135,770 ₦ (﷼ 16,102,777) | ﷼ 22,029,900 | - 27% | |
| Microwave 800/900 Watt (Bosch, Panasonic, LG, Sharp, or equivalent brands) | 37,311 ₦ (﷼ 4,425,233) | ﷼ 12,296,100 | - 64% | |
| Laundry detergent (3 l. ~ 100 oz.) | 1,700 ₦ (﷼ 201,601) | ﷼ 136,848 | + 47% | |
| Hourly rate for cleaning help | 1,400 ₦ (﷼ 166,045) | ﷼ 214,830 | - 23% | |
| Clothes | - 40% | |||
| Clothes in Nigeria is 40% cheaper than in Iran | ||||
| 1 pair of jeans (Levis 501 or similar) | 7,129 ₦ (﷼ 845,573) | ﷼ 1,656,730 | - 49% | |
| 1 summer dress in a High Street Store (Zara, H&M or similar retailers) | 9,395 ₦ (﷼ 1,114,321) | ﷼ 1,883,420 | - 41% | |
| 1 pair of sport shoes (Nike, Adidas, or equivalent brands) | 16,854 ₦ (﷼ 1,998,882) | ﷼ 4,263,670 | - 53% | |
| 1 pair of men’s leather business shoes | 25,764 ₦ (﷼ 3,055,732) | ﷼ 2,915,780 | + 5% | |
| Transportation | + 2% | |||
| Transportation in Nigeria is 2% more expensive than in Iran | ||||
| Volkswagen Golf 1.4 TSI 150 CV (or equivalent), with no extras, new | 4,706,360 ₦ (﷼ 558,190,072) | ﷼ 1,022,940,000 | - 45% | |
| 1 liter (1/4 gallon) of gas | 145 ₦ (﷼ 17,245) | ﷼ 10,000 | + 72% | |
| Monthly ticket public transport | 11,173 ₦ (﷼ 1,325,155) | ﷼ 832,847 | + 59% | |
| Personal Care | + 14% | |||
| Personal Care in Nigeria is 14% more expensive than in Iran | ||||
| Cold medicine for 6 days (Tylenol, Frenadol, Coldrex, or equivalent brands) | 1,440 ₦ (﷼ 170,788) | ﷼ 80,132 | + 113% | |
| 1 box of antibiotics (12 doses) | 2,467 ₦ (﷼ 292,623) | ﷼ 122,713 | + 138% | |
| Short visit to private Doctor (15 minutes) | 7,565 ₦ (﷼ 897,175) | ﷼ 526,711 | + 70% | |
| 1 box of 32 tampons (Tampax, OB, ...) | 1,578 ₦ (﷼ 187,109) | ﷼ 142,093 | + 32% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 990 ₦ (﷼ 117,398) | ﷼ 150,240 | - 22% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 1,562 ₦ (﷼ 185,222) | ﷼ 134,661 | + 38% | |
| 4 rolls of toilet paper | 482 ₦ (﷼ 57,124) | ﷼ 69,238 | - 17% | |
| Tube of toothpaste | 473 ₦ (﷼ 56,067) | ﷼ 77,651 | - 28% | |
| Standard men's haircut in expat area of the city | 1,405 ₦ (﷼ 166,666) | ﷼ 228,645 | - 27% | |
| Entertainment | + 23% | |||
| Entertainment in Nigeria is 23% more expensive than in Iran | ||||
| Basic dinner out for two in neighborhood pub | 6,564 ₦ (﷼ 778,503) | ﷼ 570,422 | + 36% | |
| 2 tickets to the movies | 3,251 ₦ (﷼ 385,526) | ﷼ 216,772 | + 78% | |
| 2 tickets to the theater (best available seats) | 21,756 ₦ (﷼ 2,580,287) | ﷼ 1,283,710 | + 101% | |
| Dinner for two at an Italian restaurant in the expat area including appetisers, main course, wine and dessert | 18,006 ₦ (﷼ 2,135,525) | ﷼ 1,098,090 | + 94% | |
| 1 cocktail drink in downtown club | 2,462 ₦ (﷼ 292,035) | - | - | |
| Cappuccino in expat area of the city | 1,630 ₦ (﷼ 193,272) | ﷼ 126,543 | + 53% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 523 ₦ (﷼ 62,046) | - | - | |
| iPad Wi-Fi 128GB | 246,077 ₦ (﷼ 29,185,557) | ﷼ 25,177,300 | + 16% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 36 ₦ (﷼ 4,269) | ﷼ 5,643 | - 24% | |
| 1 month of gym membership in business district | 13,316 ₦ (﷼ 1,579,346) | ﷼ 1,389,180 | + 14% | |
| 1 package of Marlboro cigarettes | 435 ₦ (﷼ 51,563) | ﷼ 105,916 | - 51% | |
| TOTAL | + 8% | |||
These prices were last updated on June 20, 2018.
Exchange rate:
118.603
IRR
/
NGN
*
This comparison is based on abundant and consistent data. It is based on 8,557 prices entered by 787 different people.
Cost of living in Nigeria is 8% more expensive than in Iran
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