Cost of living comparison
Nigeria is 60.5% cheaper than Iceland.
If you lived in Nigeria instead of Iceland, you would:
pay 80.8% less for restaurants
Iceland
|
Nigeria
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$19.51
ISK2,682
|
$2.71
NGN4,030.04
|
|
Fast food combo meal
McDonalds, or similar
|
$16.45
ISK2,261
|
$5.43
NGN8,077.29
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.70
ISK372
|
$0.38
NGN565.56
|
|
Bottle of water (11 fl. oz) |
$1.95
ISK269
|
$0.31
NGN453.87
|
|
pay 19.2% less for groceries
Iceland
|
Nigeria
|
||
---|---|---|---|
Bread
1 loaf
|
$3.16
ISK434
|
$1.34
NGN1,995.21
|
|
Local cheese (8 oz) |
$6.72
ISK923
|
$2.32
NGN3,444.33
|
|
Milk (1 gallon) |
$6.27
ISK862
|
$11.06
NGN16,439.98
|
|
Eggs
1 dozen
|
$6.03
ISK829
|
$1.86
NGN2,760.23
|
|
Boneless chicken breast (1 lb) |
$7.60
ISK1,045
|
$2.49
NGN3,699.92
|
|
Apples (1 lb) |
$1.13
ISK155
|
$1.83
NGN2,720.89
|
|
Bananas (1 lb) |
$1.01
ISK139
|
$0.86
NGN1,282.61
|
|
Oranges (1 lb) |
$1.15
ISK159
|
$0.73
NGN1,091.10
|
|
Tomatoes (1 lb) |
$1.71
ISK235
|
$0.83
NGN1,232.56
|
|
Potatoes (1 lb) |
$1.13
ISK155
|
$0.92
NGN1,364.14
|
|
Onions (1 lb) |
$0.68
ISK94
|
$0.89
NGN1,323.77
|
|
pay 62.8% less for transportation
Iceland
|
Nigeria
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.42
ISK1,157
|
$2.36
NGN3,502.26
|
|
Monthly public transit pass |
$68.29
ISK9,387
|
$35.66
NGN53,020.12
|
|
New Volkswagen Golf 1.4 (standard edition) |
$39,714.69
ISK5,458,784
|
$9,742.56
NGN14,487,192.97
|
|
Taxi trip in downtown area (5 miles) |
$23.23
ISK3,193
|
$10.25
NGN15,246.43
|
|
pay 60.2% less for housing
Iceland
|
Nigeria
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$74.47
ISK10,236
|
$33.04
NGN49,130.31
|
|
1-Bedroom apartment in downtown area |
$1,518.94
ISK208,778
|
$806.81
NGN1,199,721.94
|
|
1-Bedroom apartment outside city center |
$1,325.48
ISK182,187
|
$498.69
NGN741,558.69
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$66.99
ISK9,208
|
$16.06
NGN23,879.78
|
|
pay 69.8% less for childcare
Iceland
|
Nigeria
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$254.97
ISK35,045
|
$76.23
NGN113,360.46
|
|
Middle school for 1 child, two semesters |
$5,993.83
ISK823,851
|
$1,836.86
NGN2,731,405.06
|
|
pay 64.0% less for entertainment and sports
Iceland
|
Nigeria
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$9.37
ISK1,288
|
$0.91
NGN1,358.47
|
|
Cappuccino in mid-range area |
$4.61
ISK634
|
$2.16
NGN3,208.50
|
|
Pack of cigarettes
Marlboro or similar
|
$11.22
ISK1,542
|
$1.42
NGN2,104.57
|
|
Monthly membership at local gym |
$60.00
ISK8,247
|
$37.75
NGN56,139.91
|
|
Movie ticket to theater/cinema |
$13.94
ISK1,916
|
$6.67
NGN9,919.55
|
|
pay 66.5% less for clothing
Iceland
|
Nigeria
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$108.23
ISK14,877
|
$16.52
NGN24,570.20
|
|
Regular dress
from H&M or similar store
|
$59.73
ISK8,210
|
$29.67
NGN44,113.09
|
|
Running shoes
Nike or Adidas
|
$146.94
ISK20,197
|
$53.82
NGN80,035.70
|
|
Men's business shoes (leather) |
$169.24
ISK23,262
|
$54.66
NGN81,279.28
|
|
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