Cost of living comparison

Venezuela

compared to

Nigeria

Nigeria vs. Venezuela Cost of Living Summary

Nigeria is 9.6% cheaper than Venezuela overall.

Restaurants: pay 67.6% less in Nigeria
Groceries: pay 33.0% less in Nigeria
Transportation: pay 27.0% less in Nigeria
Housing: pay 82.1% more in Nigeria
Childcare: pay 64.0% more in Nigeria
Entertainment and Sports: pay 34.0% less in Nigeria
Clothing: pay 58.8% less in Nigeria

The cost of housing and childcare in Nigeria are more expensive than in Venezuela. Expenses including restaurants, clothing, entertainment and sports, groceries, and transportation are lower in Nigeria. Notably, housing is significantly more expensive in Nigeria.

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Nigeria vs. Venezuela Cost Breakdown

If you lived in Nigeria instead of Venezuela, you would:

Display currency: USD

pay 67.6% less for restaurants

	Venezuela	Nigeria
Basic meal with drink at inexpensive restaurant	$8.26 VEF82.44	$2.19 NGN2,908.76	-73.6%
Fast food combo meal McDonalds, or similar	$10.58 VEF105.56	$5.09 NGN6,780.76	-51.9%
Bottle of Coca-Cola (11 fl. oz)	$1.48 VEF14.77	$0.36 NGN473.34	-76.0%
Bottle of water (11 fl. oz)	$1.16 VEF11.58	$0.32 NGN419.49	-72.9%
Average			-67.6%

Venezuela vs. Nigeria - Cost of restaurants

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pay 33.0% less for groceries

	Venezuela	Nigeria
Bread 1 loaf	$1.88 VEF18.74	$0.95 NGN1,262.10	-49.5%
Local cheese (8 oz)	$3.24 VEF32.34	$2.24 NGN2,979.24	-31.0%
Milk (1 gallon)	$7.76 VEF77.39	$9.26 NGN12,329.33	+19.4%
Eggs 1 dozen	$2.87 VEF28.60	$1.49 NGN1,978.89	-48.1%
Boneless chicken breast (1 lb)	$3.13 VEF31.20	$1.76 NGN2,340.96	-43.8%
Apples (1 lb)	$2.15 VEF21.43	$0.88 NGN1,167.11	-59.2%
Bananas (1 lb)	$0.73 VEF7.27	$0.66 NGN872.87	-10.1%
Oranges (1 lb)	$0.76 VEF7.63	$0.53 NGN709.16	-30.3%
Tomatoes (1 lb)	$0.90 VEF8.99	$0.67 NGN890.29	-25.8%
Potatoes (1 lb)	$0.86 VEF8.62	$0.62 NGN819.78	-28.8%
Onions (1 lb)	$0.77 VEF7.67	$0.57 NGN763.60	-25.4%
Average			-33.0%

Venezuela vs. Nigeria - Cost of groceries

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pay 27.0% less for transportation

	Venezuela	Nigeria
Gasoline (1 gallon)	$2.52 VEF25.12	$2.41 NGN3,205.09	-4.4%
Monthly public transit pass	$29.00 VEF289.26	$21.22 NGN28,254.69	-26.8%
New Volkswagen Golf 1.4 (standard edition)	$26,527.78 VEF265K	$18,156.84 NGN24M	-31.6%
Taxi trip in downtown area (5 miles)	$20.23 VEF201.73	$6.88 NGN9,164.43	-66.0%
Average			-27.0%

Venezuela vs. Nigeria - Cost of transportation

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pay 82.1% more for housing

	Venezuela	Nigeria
Internet connection 50 mbps or faster, cable/dsl	$32.33 VEF322.49	$18.12 NGN24,120.18	-44.0%
1-Bedroom apartment in downtown area	$229.92 VEF2,293.30	$372.59 NGN496K	+62.1%
1-Bedroom apartment outside city center	$144.91 VEF1,445.38	$284.75 NGN379K	+96.5%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$18.46 VEF184.16	$55.52 NGN73,907.84	+200.7%
Average			+82.1%

Venezuela vs. Nigeria - Cost of housing

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pay 64.0% more for childcare

	Venezuela	Nigeria
Private preschool for 1 child, monthly	$82.50 VEF822.90	$219.45 NGN292K	+166.0%
Middle school for 1 child, two semesters	$4,042.86 VEF40,325.48	$4,089.03 NGN5M	+1.1%
Average			+64.0%

Venezuela vs. Nigeria - Cost of childcare

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pay 34.0% less for entertainment and sports

	Venezuela	Nigeria
Domestic/local beer (1 pint)	$1.60 VEF15.99	$0.74 NGN982.05	-54.0%
Cappuccino in mid-range area	$2.49 VEF24.84	$2.31 NGN3,070.30	-7.4%
Pack of cigarettes Marlboro or similar	$2.91 VEF29.07	$1.13 NGN1,506.57	-61.2%
Monthly membership at local gym	$34.32 VEF342.37	$19.01 NGN25,311.31	-44.6%
Movie ticket to theater/cinema	$4.44 VEF44.33	$4.40 NGN5,854.04	-1.1%
Average			-34.0%

Venezuela vs. Nigeria - Cost of entertainment and sports

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pay 58.8% less for clothing

	Venezuela	Nigeria
Regular jeans Levi's brand	$48.42 VEF482.92	$13.41 NGN17,851.33	-72.3%
Regular dress from H&M or similar store	$42.47 VEF423.65	$20.94 NGN27,874.19	-50.7%
Running shoes Nike or Adidas	$85.14 VEF849.19	$34.35 NGN45,733.44	-59.6%
Men's business shoes (leather)	$76.63 VEF764.38	$40.18 NGN53,488.77	-47.6%
Average			-58.8%

Venezuela vs. Nigeria - Cost of clothing

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We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated October 2026). How we calculate this

Compare further: Venezuela vs. Nigeria

Salary Calculator · Free tool

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Quality of Life Comparison · 24 statistics

Make 65.0% less money in Nigeria

Size Comparison · See true size

Venezuela is around the same size as Nigeria.

Moving from Venezuela to Nigeria · Cost, visas & climate

Compare cost of living, salary and climate.

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