Cost of living in Micronesia compared to Nigeria
Currency:
| Food | + 49% | |||
|---|---|---|---|---|
| Food in Micronesia is 49% more expensive than in Nigeria | ||||
| Micronesia | Nigeria | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | - | 6,197 ₦ | - | |
| Combo meal in fast food restaurant (big mac meal or similar) | - | 4,250 ₦ | - | |
| 500 gr (1 lb.) of boneless chicken breast | - | 3,207 ₦ | - | |
| 1 liter (1 qt.) of whole fat milk | $2.00 (3,214 ₦) | 1,143 ₦ | + 181% | |
| 12 eggs, large | $3.00 (4,821 ₦) | 2,479 ₦ | + 95% | |
| 1 kg (2 lb.) of tomatoes | - | 1,495 ₦ | - | |
| 500 gr (16 oz.) of local cheese | $10 (15,944 ₦) | 5,933 ₦ | + 169% | |
| 1 kg (2 lb.) of apples | $7 (10,629 ₦) | 3,488 ₦ | + 205% | |
| 1 kg (2 lb.) of potatoes | $3.53 (5,669 ₦) | 2,733 ₦ | + 107% | |
| 0.5 l (16 oz) domestic beer in the supermarket | $3.41 (5,478 ₦) | 1,037 ₦ | + 428% | |
| 1 bottle of red table wine, good quality | $15 (24,107 ₦) | 9,593 ₦ | + 151% | |
| 2 liters of coca-cola | - | 1,084 ₦ | - | |
| Bread for 2 people for 1 day | $2.00 (3,214 ₦) | 1,323 ₦ | + 143% | |
| Housing | + 32% | |||
| Housing in Micronesia is 32% more expensive than in Nigeria | ||||
| Micronesia | Nigeria | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | $1,800 (2,892,798 ₦) | 2,222,680 ₦ | + 30% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | $550 (883,911 ₦) | 1,328,290 ₦ | - 33% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | - | 153,894 ₦ | - | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | $1,200 (1,928,532 ₦) | 844,148 ₦ | + 128% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | $400 (642,844 ₦) | 754,176 ₦ | - 15% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | - | 240,561 ₦ | - | |
| Internet 8 mbps (1 month) | $33 (53,035 ₦) | 28,675 ₦ | + 85% | |
| 40” flat screen tv | - | 387,079 ₦ | - | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | - | 126,450 ₦ | - | |
| Laundry detergent (3 l. ~ 100 oz.) | - | 2,193 ₦ | - | |
| Hourly rate for cleaning help | $3.50 (5,625 ₦) | 2,985 ₦ | + 88% | |
| Clothes | + 7% | |||
| Clothes in Micronesia is 7% more expensive than in Nigeria | ||||
| Micronesia | Nigeria | Diff | ||
| 1 pair of jeans (levis 501 or similar) | - | 17,024 ₦ | - | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | $15 (24,107 ₦) | 15,682 ₦ | + 54% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | - | 45,968 ₦ | - | |
| 1 pair of men’s leather business shoes | - | 50,000 ₦ | - | |
| Transportation | + 13% | |||
| Transportation in Micronesia is 13% more expensive than in Nigeria | ||||
| Micronesia | Nigeria | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | - | 5,000,000 ₦ | - | |
| 1 liter (1/4 gallon) of gas | $1.45 (2,330 ₦) | 1,034 ₦ | + 125% | |
| Monthly ticket public transport | - | 34,491 ₦ | - | |
| Personal Care | ||||
| Personal Care in Micronesia is about the same as in Nigeria | ||||
| Micronesia | Nigeria | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | - | 4,044 ₦ | - | |
| 1 box of antibiotics (12 doses) | - | 1,768 ₦ | - | |
| Short visit to private doctor (15 minutes) | - | 17,619 ₦ | - | |
| 1 box of 32 tampons (tampax, ob, ...) | - | 4,474 ₦ | - | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | - | 1,749 ₦ | - | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | - | 3,834 ₦ | - | |
| 4 rolls of toilet paper | - | 2,923 ₦ | - | |
| Tube of toothpaste | - | 1,338 ₦ | - | |
| Standard men's haircut in expat area of the city | - | 3,631 ₦ | - | |
| Entertainment | + 5% | |||
| Entertainment in Micronesia is 5% more expensive than in Nigeria | ||||
| Micronesia | Nigeria | Diff | ||
| Basic dinner out for two in neighborhood pub | $32 (51,428 ₦) | 43,872 ₦ | + 17% | |
| 2 tickets to the movies | $14 (22,500 ₦) | 11,069 ₦ | + 103% | |
| 2 tickets to the theater (best available seats) | - | 15,224 ₦ | - | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | - | 42,055 ₦ | - | |
| 1 cocktail drink in downtown club | - | 4,541 ₦ | - | |
| Cappuccino in expat area of the city | - | 3,331 ₦ | - | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | - | 1,421 ₦ | - | |
| Ipad wi-fi 128gb | - | 298,218 ₦ | - | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | - | - | - | |
| 1 month of gym membership in business district | - | 34,159 ₦ | - | |
| 1 package of marlboro cigarettes | - | 2,500 ₦ | - | |
| TOTAL | + 26% | |||
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 228 prices entered by 30 different people.
These prices were last updated on April 29, 2025.
Exchange rate:
1607.110
NGN
/
USD
*
Cost of living in Micronesia is 26% more expensive than in Nigeria
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