Cost of living comparison
Nigeria is 36.8% cheaper than South Korea.
If you lived in Nigeria instead of South Korea, you would:
pay 47.5% less for restaurants
South Korea
|
Nigeria
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$6.44
₩8,836
|
$2.71
NGN3,861.73
|
|
Fast food combo meal
McDonalds, or similar
|
$5.49
₩7,522
|
$5.43
NGN7,739.96
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.39
₩1,905
|
$0.38
NGN541.94
|
|
Bottle of water (11 fl. oz) |
$0.74
₩1,011
|
$0.31
NGN434.91
|
|
pay 35.7% less for groceries
South Korea
|
Nigeria
|
||
---|---|---|---|
Bread
1 loaf
|
$2.87
₩3,934
|
$1.34
NGN1,911.89
|
|
Local cheese (8 oz) |
$6.02
₩8,253
|
$2.32
NGN3,300.49
|
|
Milk (1 gallon) |
$7.79
₩10,684
|
$11.06
NGN15,753.41
|
|
Eggs
1 dozen
|
$3.21
₩4,404
|
$1.86
NGN2,644.96
|
|
Boneless chicken breast (1 lb) |
$2.83
₩3,881
|
$2.49
NGN3,545.40
|
|
Apples (1 lb) |
$2.76
₩3,788
|
$1.83
NGN2,607.26
|
|
Bananas (1 lb) |
$1.39
₩1,905
|
$0.86
NGN1,229.04
|
|
Oranges (1 lb) |
$2.49
₩3,413
|
$0.73
NGN1,045.53
|
|
Tomatoes (1 lb) |
$2.03
₩2,784
|
$0.83
NGN1,181.09
|
|
Potatoes (1 lb) |
$1.69
₩2,317
|
$0.92
NGN1,307.17
|
|
Onions (1 lb) |
$1.10
₩1,507
|
$0.89
NGN1,268.49
|
|
pay 30.8% less for transportation
South Korea
|
Nigeria
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.58
₩6,274
|
$2.36
NGN3,356.00
|
|
Monthly public transit pass |
$48.21
₩66,107
|
$35.66
NGN50,805.90
|
|
New Volkswagen Golf 1.4 (standard edition) |
$27,876.80
₩38,221,885
|
$9,742.56
NGN13,882,179.73
|
|
Taxi trip in downtown area (5 miles) |
$8.80
₩12,065
|
$10.25
NGN14,609.71
|
|
pay 29.4% more for housing
South Korea
|
Nigeria
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$20.28
₩27,801
|
$33.04
NGN47,078.53
|
|
1-Bedroom apartment in downtown area |
$421.68
₩578,164
|
$806.81
NGN1,149,619.23
|
|
1-Bedroom apartment outside city center |
$330.55
₩453,223
|
$498.69
NGN710,589.76
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$129.93
₩178,142
|
$16.06
NGN22,882.52
|
|
pay 85.3% less for childcare
South Korea
|
Nigeria
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$386.50
₩529,932
|
$76.23
NGN108,626.31
|
|
Middle school for 1 child, two semesters |
$18,893.14
₩25,904,383
|
$1,836.86
NGN2,617,336.29
|
|
pay 43.8% less for entertainment and sports
South Korea
|
Nigeria
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$2.93
₩4,011
|
$0.91
NGN1,301.74
|
|
Cappuccino in mid-range area |
$3.45
₩4,733
|
$2.16
NGN3,074.51
|
|
Pack of cigarettes
Marlboro or similar
|
$3.33
₩4,571
|
$1.42
NGN2,016.68
|
|
Monthly membership at local gym |
$48.95
₩67,116
|
$37.75
NGN53,795.40
|
|
Movie ticket to theater/cinema |
$9.82
₩13,470
|
$6.67
NGN9,505.29
|
|
pay 43.9% less for clothing
South Korea
|
Nigeria
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$62.63
₩85,878
|
$16.52
NGN23,544.10
|
|
Regular dress
from H&M or similar store
|
$43.35
₩59,433
|
$29.67
NGN42,270.84
|
|
Running shoes
Nike or Adidas
|
$72.22
₩99,020
|
$53.82
NGN76,693.25
|
|
Men's business shoes (leather) |
$98.82
₩135,486
|
$54.66
NGN77,884.90
|
|
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