Cost of living in Gibraltar compared to Nigeria
Currency:
Food | + 78% | |||
---|---|---|---|---|
Food in Gibraltar is 78% more expensive than in Nigeria | ||||
Basic lunchtime menu (including a drink) in the business district | £10 (5,309 ₦) | 2,074 ₦ | + 156% | |
Combo meal in fast food restaurant (big mac meal or similar) | £6.00 (3,185 ₦) | 2,369 ₦ | + 34% | |
500 gr (1 lb.) of boneless chicken breast | £5.17 (2,743 ₦) | 1,030 ₦ | + 166% | |
1 liter (1 qt.) of whole fat milk | £1.76 (936 ₦) | 752 ₦ | + 25% | |
12 eggs, large | £3.00 (1,593 ₦) | 708 ₦ | + 125% | |
1 kg (2 lb.) of tomatoes | £2.10 (1,115 ₦) | 533 ₦ | + 109% | |
500 gr (16 oz.) of local cheese | £7 (3,929 ₦) | 3,269 ₦ | + 20% | |
1 kg (2 lb.) of apples | £1.67 (885 ₦) | 847 ₦ | + 5% | |
1 kg (2 lb.) of potatoes | £2.70 (1,433 ₦) | 961 ₦ | + 49% | |
0.5 l (16 oz) domestic beer in the supermarket | £1.20 (637 ₦) | 440 ₦ | + 45% | |
1 bottle of red table wine, good quality | £7 (3,610 ₦) | 2,826 ₦ | + 28% | |
2 liters of coca-cola | £1.66 (883 ₦) | 306 ₦ | + 189% | |
Bread for 2 people for 1 day | £0.72 (385 ₦) | 361 ₦ | + 6% | |
Housing | + 654% | |||
Housing in Gibraltar is 654% more expensive than in Nigeria | ||||
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | £5,020 (2,665,062 ₦) | 427,015 ₦ | + 524% | |
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | £3,980 (2,112,938 ₦) | 169,522 ₦ | + 1146% | |
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | £240 (127,413 ₦) | 31,646 ₦ | + 303% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | £4,010 (2,128,864 ₦) | 125,257 ₦ | + 1600% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | £3,850 (2,043,922 ₦) | 115,758 ₦ | + 1666% | |
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | £221 (117,144 ₦) | 21,205 ₦ | + 452% | |
Internet 8 mbps (1 month) | £40 (21,236 ₦) | 9,971 ₦ | + 113% | |
40” flat screen tv | - | 75,224 ₦ | - | |
Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | £100 (53,089 ₦) | 31,266 ₦ | + 70% | |
Laundry detergent (3 l. ~ 100 oz.) | £11 (5,840 ₦) | 1,281 ₦ | + 356% | |
Hourly rate for cleaning help | £14 (7,486 ₦) | 1,000 ₦ | + 649% | |
Clothes | + 94% | |||
Clothes in Gibraltar is 94% more expensive than in Nigeria | ||||
1 pair of jeans (levis 501 or similar) | £40 (21,236 ₦) | 6,646 ₦ | + 220% | |
1 summer dress in a high street store (zara, h&m or similar retailers) | £43 (22,563 ₦) | 11,438 ₦ | + 97% | |
1 pair of sport shoes (nike, adidas, or equivalent brands) | £40 (21,236 ₦) | 16,911 ₦ | + 26% | |
1 pair of men’s leather business shoes | £40 (21,236 ₦) | 20,625 ₦ | + 3% | |
Transportation | + 54% | |||
Transportation in Gibraltar is 54% more expensive than in Nigeria | ||||
Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | £14,000 (7,432,444 ₦) | 7,702,020 ₦ | - 4% | |
1 liter (1/4 gallon) of gas | £1.00 (529 ₦) | 144 ₦ | + 266% | |
Monthly ticket public transport | £40 (21,236 ₦) | 12,525 ₦ | + 70% | |
Personal Care | + 45% | |||
Personal Care in Gibraltar is 45% more expensive than in Nigeria | ||||
Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | - | 1,669 ₦ | - | |
1 box of antibiotics (12 doses) | - | 2,343 ₦ | - | |
Short visit to private doctor (15 minutes) | - | 15,181 ₦ | - | |
1 box of 32 tampons (tampax, ob, ...) | - | 1,323 ₦ | - | |
Deodorant, roll-on (50ml ~ 1.5 oz.) | £2.54 (1,348 ₦) | 902 ₦ | + 49% | |
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | £5.00 (2,654 ₦) | 1,815 ₦ | + 46% | |
4 rolls of toilet paper | £2.25 (1,194 ₦) | 354 ₦ | + 238% | |
Tube of toothpaste | £2.00 (1,062 ₦) | 520 ₦ | + 104% | |
Standard men's haircut in expat area of the city | £15 (7,963 ₦) | 2,337 ₦ | + 241% | |
Entertainment | + 34% | |||
Entertainment in Gibraltar is 34% more expensive than in Nigeria | ||||
Basic dinner out for two in neighborhood pub | £30 (15,927 ₦) | 5,838 ₦ | + 173% | |
2 tickets to the movies | £15 (7,963 ₦) | 3,848 ₦ | + 107% | |
2 tickets to the theater (best available seats) | £14 (7,432 ₦) | 13,722 ₦ | - 46% | |
Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | £45 (23,890 ₦) | 27,860 ₦ | - 14% | |
1 cocktail drink in downtown club | £8 (4,247 ₦) | 2,455 ₦ | + 73% | |
Cappuccino in expat area of the city | £2.00 (1,062 ₦) | 1,814 ₦ | - 41% | |
1 beer in neighbourhood pub (500ml or 1pt.) | £3.00 (1,593 ₦) | 511 ₦ | + 212% | |
Ipad wi-fi 128gb | £246 (130,599 ₦) | 163,040 ₦ | - 20% | |
1 min. of prepaid mobile tariff (no discounts or plans) | £0.04 (22 ₦) | 33 ₦ | - 33% | |
1 month of gym membership in business district | £50 (26,544 ₦) | 16,561 ₦ | + 60% | |
1 package of marlboro cigarettes | £2.93 (1,555 ₦) | 541 ₦ | + 187% | |
TOTAL | + 229% |

These prices were last updated on February 24, 2021.
Exchange rate:
530.889
NGN
/
GIP
*
Cost of living in Gibraltar is 229% more expensive than in Nigeria
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