Cost of Living in Nigeria

Last updated on Jan 02, 2024

Summary: The cost of living in Nigeria is generally considered to be relatively low compared to other countries. A nice 1 bedroom apartment in Nigeria can cost anywhere from $500 to $1,000 per month, while a nice 2 bedroom apartment can cost from $800 to $1,500 per month. The cost of dinner at a moderately priced restaurant in Nigeria is usually around $10 to $15 per person.

Is the cost of living in Nigeria high?

We asked people how much they someone comfortably live on in Nigeria, they wrote:

"The cost of living in Nigeria varies depending on the city and lifestyle. Generally, basic necessities such as food, transportation, and housing are relatively inexpensive. However, the cost of luxury items such as electronics, imported goods, and entertainment can be quite high. Additionally, the cost of utilities such as electricity and water can be quite expensive," remarked one in Nigeria.

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About the Author

Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.