- Cost of Living
- Micronesia
- Nigeria
- Comparison
Cost of living in Micronesia compared to Nigeria
Currency:
| Food | + 66% | |||
|---|---|---|---|---|
| Food in Micronesia is 66% more expensive than in Nigeria | ||||
| Basic lunchtime menu (including a drink) in the business district | $9 (3,267 ₦) | 2,239 ₦ | + 46% | |
| Combo meal in fast food restaurant (Big Mac Meal or similar) | $10 (3,630 ₦) | 2,149 ₦ | + 69% | |
| 500 gr (1 lb.) of boneless chicken breast | - | 928 ₦ | - | |
| 1 liter (1 qt.) of whole fat milk | $2.00 (726 ₦) | 1,014 ₦ | - 28% | |
| 12 eggs, large | $3.00 (1,089 ₦) | 582 ₦ | + 87% | |
| 1 kg (2 lb.) of tomatoes | - | 662 ₦ | - | |
| 500 gr (16 oz.) of local cheese | $10 (3,601 ₦) | 2,067 ₦ | + 74% | |
| 1 kg (2 lb.) of apples | $7 (2,401 ₦) | 1,133 ₦ | + 112% | |
| 1 kg (2 lb.) of potatoes | $3.53 (1,280 ₦) | 843 ₦ | + 52% | |
| 0.5 l (16 oz) domestic beer in the supermarket | $3.41 (1,237 ₦) | 330 ₦ | + 275% | |
| 1 bottle of red table wine, good quality | $15 (5,445 ₦) | 2,306 ₦ | + 136% | |
| 2 liters of Coca-Cola | $3.00 (1,089 ₦) | 375 ₦ | + 190% | |
| Bread for 2 people for 1 day | $2.00 (726 ₦) | 370 ₦ | + 96% | |
| Housing | + 48% | |||
| Housing in Micronesia is 48% more expensive than in Nigeria | ||||
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in EXPENSIVE area | $1,800 (653,400 ₦) | 368,693 ₦ | + 77% | |
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in NORMAL area | $550 (199,650 ₦) | 224,250 ₦ | - 11% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | - | 27,191 ₦ | - | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in EXPENSIVE area | $1,200 (435,600 ₦) | 196,279 ₦ | + 122% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in NORMAL area | $400 (145,200 ₦) | 104,303 ₦ | + 39% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 Sqft) studio | - | 13,539 ₦ | - | |
| Internet 8 Mbps (1 month) | $33 (11,979 ₦) | 7,605 ₦ | + 58% | |
| 40” flat screen TV | - | 111,992 ₦ | - | |
| Microwave 800/900 Watt (Bosch, Panasonic, LG, Sharp, or equivalent brands) | - | 35,539 ₦ | - | |
| Laundry detergent (3 l. ~ 100 oz.) | - | 1,244 ₦ | - | |
| Hourly rate for cleaning help | $3.50 (1,271 ₦) | 2,304 ₦ | - 45% | |
| Clothes | - 20% | |||
| Clothes in Micronesia is 20% cheaper than in Nigeria | ||||
| 1 pair of jeans (Levis 501 or similar) | - | 6,498 ₦ | - | |
| 1 summer dress in a High Street Store (Zara, H&M or similar retailers) | $15 (5,445 ₦) | 10,330 ₦ | - 47% | |
| 1 pair of sport shoes (Nike, Adidas, or equivalent brands) | - | 15,510 ₦ | - | |
| 1 pair of men’s leather business shoes | - | 28,860 ₦ | - | |
| Transportation | + 17% | |||
| Transportation in Micronesia is 17% 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 ₦) | 153 ₦ | + 213% | |
| Monthly ticket public transport | - | 12,095 ₦ | - | |
| Personal Care | ||||
| Personal Care in Micronesia is in Nigeria | ||||
| Cold medicine for 6 days (Tylenol, Frenadol, Coldrex, or equivalent brands) | - | 1,712 ₦ | - | |
| 1 box of antibiotics (12 doses) | - | 1,740 ₦ | - | |
| Short visit to private Doctor (15 minutes) | - | 7,626 ₦ | - | |
| 1 box of 32 tampons (Tampax, OB, ...) | - | 1,581 ₦ | - | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | - | 1,106 ₦ | - | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | - | 1,336 ₦ | - | |
| 4 rolls of toilet paper | - | 390 ₦ | - | |
| Tube of toothpaste | - | 478 ₦ | - | |
| Standard men's haircut in expat area of the city | - | 1,593 ₦ | - | |
| Entertainment | + 14% | |||
| Entertainment in Micronesia is 14% more expensive than in Nigeria | ||||
| Basic dinner out for two in neighborhood pub | $32 (11,616 ₦) | 5,427 ₦ | + 114% | |
| 2 tickets to the movies | $14 (5,082 ₦) | 3,246 ₦ | + 57% | |
| 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 | - | 15,096 ₦ | - | |
| 1 cocktail drink in downtown club | - | 2,655 ₦ | - | |
| Cappuccino in expat area of the city | - | 1,656 ₦ | - | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | - | 575 ₦ | - | |
| iPad Wi-Fi 128GB | - | 178,983 ₦ | - | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | - | 62 ₦ | - | |
| 1 month of gym membership in business district | - | 14,751 ₦ | - | |
| 1 package of Marlboro cigarettes | - | 473 ₦ | - | |
| TOTAL | + 36% | |||
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 1,299 prices entered by 112 different people.
These prices were last updated on January 19, 2019.
Exchange rate:
363.000
NGN
/
USD
Cost of living in Micronesia is 36% more expensive than in Nigeria
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