Prices in Nigeria

What are the supermarket prices in Nigeria? Is the cost of living in Nigeria are higher than in United States? How much will it cost us to entertain in Nigeria and how much will we spend in restaurants and bars?
On this page below you will find the current price and cost overview in Nigeria: food, Restaurants, living, and Entertainment (The last update: today 16 hours ago)

Currency in Nigeria to Nigerian naira (NGN). For 9.9 US dollars you can get 4.07 thousand Nigerian nairas. For 99 US dollars you can get 40.7 thousand Nigerian nairas. And the other way: For 99 Nigerian nairas you can get 0.241 US dollars.


What are the different prices in the cities in Nigeria? Look here: Prices in cities in Nigeria

Prices: Ibadan   Lagos   Port Harcourt   Abuja   Benin   Enugu   Ilorin   Onitsha   Kano   Zaria  

Generally, it is much cheaper in Nigeria than in United States. Food is 59% cheaper. Dining in restaurants and bars will be cheaper by 70%. In turn, the cost of living in Nigeria is lower than the cost in United States by 46%. If we want to spend time actively or to have fun, we will pay less than in United States about 27%.

See also how prices have changed in previous years: Price changes in previous years in Nigeria


Are hotels expensive in Nigeria? How much will we pay for a room in Nigeria?

The average price of accommodation in Nigeria is $99 (NGN 41K). If you are looking for the cheapest accommodation: in a cheap one-star hotel you will pay: $62 (NGN 26K) and if you like hostels, you'll spend the night there for: $19 (NGN 7.9K). The cost of a room in a 2-star hotel is Nigeria in $82 (NGN 34K). 3-star hotels offer accommodation on average for $95 (NGN 39K) Overnight stay in 4-star hotel costs $98 (NGN 40K) in Nigeria If you are looking for the best conditions for your stay, then in 5-star hotels that will provide much more luxury you will have to pay $110 (NGN 45K)


And if the trip plans are simply for a given region of the world, then maybe it will come out cheaper than in Nigeria in nearby countries? See prices in: Cameroon, Benin, Niger, Togo, and Equatorial Guinea.

Comparison of selected prices in Nigeria with prices in United States:

fees

$23 ($12 - $60)
86% less than in United States

internet

$39 ($24 - $96)
by half less than in United States

jeans pants

$16 ($6 - $36)
64% less than in United States

average earnings

$170
95% less than in United States

renting a small apartment in the center

$720 ($290 - $2.3K)
by half less than in United States

renting a large apartment outside the centre

$1.2K ($480 - $2.4K)
30% less than in United States

bread

$0.95 ($0.48 - $1.4)
65% less than in United States

cheese

$4.5 ($1.7 - $11)
by half less than in United States

rice

$2.1 ($0.96 - $4.8)
by half less than in United States

tomatoes

$1.8 ($0.6 - $4.2)
by half less than in United States

bananas

$1.5 ($0.72 - $3.3)
5.2% less than in United States

wine

$3.6 ($1.8 - $7.2)
70% less than in United States

cheap restaurant

$1.4 ($0.72 - $4.3)
90% less than in United States

local beer

$0.72 ($0.48 - $1.2)
85% less than in United States

coffee

$1.7 ($0.48 - $3.6)
by half less than in United States

bottle of water

$0.22 ($0.12 - $0.36)
86% less than in United States

mac burger king or similar bar

$4.8 ($3.6 - $7.2)
39% less than in United States

cola pepsi sprite mirinda

$0.31 ($0.24 - $0.48)
84% less than in United States

Price changes in previous years in Nigeria

Has the price of bread increased in Nigeria?
Bread in previous years has cost: 2012: $0.61(NGN 250), 2013: $0.55(NGN 230), 2014: $0.6(NGN 250), 2015: $0.62(NGN 250), 2016: $0.67(NGN 270), 2017: $0.82(NGN 340), and 2018: $0.76(NGN 310).

Nigeria price changes: A loaf of fresh white bread (500g) 2012-2018
Nigeria price changes A loaf of fresh white bread (500g) hikersbay.com

Bananas - price changes in years: 2015: $0.83(NGN 340), 2016: $1.1(NGN 450), 2017: $1.2(NGN 510), and 2018: $1.2(NGN 510)

Nigeria price changes: Bananas (1kg) 2015-2018
Nigeria price changes Bananas (1kg) hikersbay.com

Have prices increased in restaurants in Nigeria?
In inexpensive restaurants, the price for a meal was: 2012: $3.9(NGN 1.6K), 2013: $2.9(NGN 1.2K), 2014: $2.4(NGN 990), 2015: $1.4(NGN 570), 2016: $1.2(NGN 490), 2017: $1.2(NGN 490), and 2018: $1.2(NGN 490)

Nigeria price changes: Meal in a cheap restaurant 2012-2018
Nigeria price changes Meal in a cheap restaurant hikersbay.com

Renting A Small Apartment In The Center - price changes in years: 2012: $260(NGN 110K), 2013: $200(NGN 84K), 2014: $300(NGN 120K), 2015: $300(NGN 120K), 2016: $330(NGN 140K), 2017: $400(NGN 170K), and 2018: $700(NGN 290K)

Nigeria price changes: Apartment (1 bedroom) in City Centre 2012-2018
Nigeria price changes Apartment (1 bedroom) in City Centre hikersbay.com
Nigeria price changes: Taxi 1km (Normal Tariff) 2012-2018
Nigeria price changes Taxi 1km (Normal Tariff) hikersbay.com