MigrantoCost of living in Nigeria
What a month costs, how prices compare with other countries
Monthly cost in Nigeria
Spending runs from NGN 44,900 a month in the poorest fifth to NGN 256,000 in the richest
Per person, whole country
NGN 103,000
what a typical person spends in a month
Spending across the population
NGN 44,900richest 20%
NGN 256,000
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Key facts
The cost of living in Nigeria in numbers
Among the cheapest countries in the world
Cheaper than 99% of countries. A basket that costs NGN 1,360,000 at world-middle prices costs NGN 759,000 here.
The cheapest of its neighbours
No neighbouring country is cheaper. The same basket costs NGN 759,000 here against NGN 1,070,000 in Benin, the closest on price.
How living costs in Nigeria compare
Neighbours, region and the world on the same monthly figure
What things cost here
How much the same goods and services cost in Nigeria against other countries
Cheaper than 99% of countries
Where Nigeria sits when every country is lined up from cheapest to most expensive
Pakistanmost expensive
Bermuda
middle
A basket of goods and services that costs NGN 1,360,000 at world-middle prices costs NGN 759,000 here.
Data source: household consumption 2024 (World Bank, regional estimate), International Comparison Program 2021 (World Bank), adjusted to 2026 using IMF GDP-per-capita growth
Living-cost calculator
What it costs to live in Nigeria
Tell us what you earn and spend today — we'll estimate what the same lifestyle would cost in Nigeria and how much you could have left each month
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- How much could be left each month
- How it compares with today
Cost of living in Nigeria
NGN 44,900/mo
vs NGN 1,090,000 in your country
Take-home
NGN 71,800
vs NGN 1,630,000 in your country
Potential savings
NGN 26,900
more than in your country
Standard of living
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Frequently asked questions
What is the cost of living in Nigeria?
A typical person in Nigeria spends about NGN 103,000 a month — around NGN 1,240,000 a year — on housing, groceries, transport and other everyday costs. It's a nationwide average across different regions, cities and types of housing.
What is the standard of living in Nigeria?
By spending, Nigeria ranks #161 of 185 countries. A typical person spends about NGN 103,000 a month, the poorest 20% about NGN 44,900 and the richest 20% about NGN 256,000. The gap between them shows how unevenly people live.
What is the cost of living in Nigeria in US dollars?
The cost of living in Nigeria is about $76 a month, or roughly $912 a year per person.
How much money do you need to live comfortably in Nigeria?
It all depends on your standard of living. A modest budget runs about NGN 44,900 a month per person, a typical one around NGN 103,000, and a comfortable life around NGN 144,000. In big cities and for a family, costs are usually higher.
Is the average salary in Nigeria enough to live on?
Usually not quite. Average spending is about NGN 103,000 a month, while the average take-home pay in Nigeria is about NGN 84,300. For more on incomes, see salaries in Nigeria.
Is Nigeria an expensive country to live in?
No. Nigeria is more expensive than 13% of countries worldwide and ranks 29th of 53 in Africa by cost of living.
What currency is used in Nigeria?
Nigeria uses the Nigerian Naira (NGN). Amounts on this page are shown in it; the currency switcher converts them.
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Living in Nigeria
See the full country overview