- Cost of Living
- Micronesia
- Nigeria
- Comparison
Cost of living in Micronesia compared to Nigeria
Currency:
| Food | + 64% | |||
|---|---|---|---|---|
| Food in Micronesia is 64% more expensive than in Nigeria | ||||
| Basic lunchtime menu (including a drink) in the business district | $9 (3,264 ₦) | 2,384 ₦ | + 37% | |
| Combo meal in fast food restaurant (Big Mac Meal or similar) | $10 (3,627 ₦) | 2,064 ₦ | + 76% | |
| 500 gr (1 lb.) of boneless chicken breast | - | 988 ₦ | - | |
| 1 liter (1 qt.) of whole fat milk | $2.00 (725 ₦) | 918 ₦ | - 21% | |
| 12 eggs, large | $3.00 (1,088 ₦) | 572 ₦ | + 90% | |
| 1 kg (2 lb.) of tomatoes | - | 634 ₦ | - | |
| 500 gr (16 oz.) of local cheese | $10 (3,598 ₦) | 1,900 ₦ | + 89% | |
| 1 kg (2 lb.) of apples | $7 (2,399 ₦) | 1,171 ₦ | + 105% | |
| 1 kg (2 lb.) of potatoes | $3.53 (1,279 ₦) | 918 ₦ | + 39% | |
| 0.5 l (16 oz) domestic beer in the supermarket | $3.41 (1,236 ₦) | 339 ₦ | + 265% | |
| 1 bottle of red table wine, good quality | $15 (5,441 ₦) | 2,416 ₦ | + 125% | |
| 2 liters of Coca-Cola | $3.00 (1,088 ₦) | 369 ₦ | + 195% | |
| Bread for 2 people for 1 day | $2.00 (725 ₦) | 373 ₦ | + 94% | |
| Housing | + 51% | |||
| Housing in Micronesia is 51% more expensive than in Nigeria | ||||
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in EXPENSIVE area | $1,800 (652,896 ₦) | 327,096 ₦ | + 100% | |
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in NORMAL area | $550 (199,496 ₦) | 265,824 ₦ | - 25% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | - | 27,010 ₦ | - | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in EXPENSIVE area | $1,200 (435,264 ₦) | 234,517 ₦ | + 86% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in NORMAL area | $400 (145,088 ₦) | 125,903 ₦ | + 15% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 Sqft) studio | - | 16,128 ₦ | - | |
| Internet 8 Mbps (1 month) | $33 (11,970 ₦) | 6,064 ₦ | + 97% | |
| 40” flat screen TV | - | 115,445 ₦ | - | |
| Microwave 800/900 Watt (Bosch, Panasonic, LG, Sharp, or equivalent brands) | - | 35,316 ₦ | - | |
| Laundry detergent (3 l. ~ 100 oz.) | - | 1,101 ₦ | - | |
| Hourly rate for cleaning help | $3.50 (1,270 ₦) | 1,488 ₦ | - 15% | |
| Clothes | - 20% | |||
| Clothes in Micronesia is 20% cheaper than in Nigeria | ||||
| 1 pair of jeans (Levis 501 or similar) | - | 6,787 ₦ | - | |
| 1 summer dress in a High Street Store (Zara, H&M or similar retailers) | $15 (5,441 ₦) | 10,295 ₦ | - 47% | |
| 1 pair of sport shoes (Nike, Adidas, or equivalent brands) | - | 16,193 ₦ | - | |
| 1 pair of men’s leather business shoes | - | 27,800 ₦ | - | |
| Transportation | + 18% | |||
| Transportation in Micronesia is 18% more expensive than in Nigeria | ||||
| Volkswagen Golf 1.4 TSI 150 CV (or equivalent), with no extras, new | - | 5,470,950 ₦ | - | |
| 1 liter (1/4 gallon) of gas | $1.32 (479 ₦) | 155 ₦ | + 210% | |
| Monthly ticket public transport | - | 10,211 ₦ | - | |
| Personal Care | ||||
| Personal Care in Micronesia is in Nigeria | ||||
| Cold medicine for 6 days (Tylenol, Frenadol, Coldrex, or equivalent brands) | - | 1,599 ₦ | - | |
| 1 box of antibiotics (12 doses) | - | 1,933 ₦ | - | |
| Short visit to private Doctor (15 minutes) | - | 7,156 ₦ | - | |
| 1 box of 32 tampons (Tampax, OB, ...) | - | 1,414 ₦ | - | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | - | 1,145 ₦ | - | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | - | 1,441 ₦ | - | |
| 4 rolls of toilet paper | - | 402 ₦ | - | |
| Tube of toothpaste | - | 487 ₦ | - | |
| Standard men's haircut in expat area of the city | - | 1,476 ₦ | - | |
| Entertainment | + 15% | |||
| Entertainment in Micronesia is 15% more expensive than in Nigeria | ||||
| Basic dinner out for two in neighborhood pub | $32 (11,607 ₦) | 5,419 ₦ | + 114% | |
| 2 tickets to the movies | $14 (5,078 ₦) | 3,209 ₦ | + 58% | |
| 2 tickets to the theater (best available seats) | - | 17,434 ₦ | - | |
| Dinner for two at an Italian restaurant in the expat area including appetisers, main course, wine and dessert | - | 15,524 ₦ | - | |
| 1 cocktail drink in downtown club | - | 2,556 ₦ | - | |
| Cappuccino in expat area of the city | - | 1,457 ₦ | - | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | - | 562 ₦ | - | |
| iPad Wi-Fi 128GB | - | 186,359 ₦ | - | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | - | 43 ₦ | - | |
| 1 month of gym membership in business district | - | 14,882 ₦ | - | |
| 1 package of Marlboro cigarettes | - | 471 ₦ | - | |
| TOTAL | + 37% | |||
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 1,356 prices entered by 115 different people.
These prices were last updated on November 19, 2018.
Exchange rate:
362.720
NGN
/
USD
Cost of living in Micronesia is 37% more expensive than in Nigeria
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