Cost of living comparison
Venezuela is 65.6% more expensive than Nigeria.
If you lived in Venezuela instead of Nigeria, you would:
pay 3.2 times more for restaurants
|
Nigeria
|
Venezuela
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$2.61
NGN4,041.36
|
$9.00
VEF89.74
|
|
|
Fast food combo meal
McDonalds, or similar
|
$5.61
NGN8,679.44
|
$9.86
VEF98.38
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.38
NGN588.71
|
$1.29
VEF12.85
|
|
| Bottle of water (11 fl. oz) |
$0.23
NGN350.28
|
$0.93
VEF9.30
|
|
pay 7.3% more for groceries
|
Nigeria
|
Venezuela
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.27
NGN1,962.20
|
$1.82
VEF18.18
|
|
| Local cheese (8 oz) |
$2.51
NGN3,891.89
|
$2.86
VEF28.52
|
|
| Milk (1 gallon) |
$9.86
NGN15,262.59
|
$7.30
VEF72.78
|
|
|
Eggs
1 dozen
|
$1.87
NGN2,900.97
|
$2.35
VEF23.48
|
|
| Boneless chicken breast (1 lb) |
$2.04
NGN3,150.84
|
$2.73
VEF27.21
|
|
| Apples (1 lb) |
$1.75
NGN2,706.63
|
$2.19
VEF21.87
|
|
| Bananas (1 lb) |
$0.90
NGN1,397.59
|
$0.61
VEF6.11
|
|
| Oranges (1 lb) |
$0.73
NGN1,134.39
|
$0.66
VEF6.61
|
|
| Tomatoes (1 lb) |
$0.79
NGN1,219.68
|
$0.85
VEF8.43
|
|
| Potatoes (1 lb) |
$0.82
NGN1,266.29
|
$0.76
VEF7.59
|
|
| Onions (1 lb) |
$0.83
NGN1,291.87
|
$0.87
VEF8.69
|
|
pay 37.9% more for transportation
|
Nigeria
|
Venezuela
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$2.41
NGN3,729.32
|
$1.89
VEF18.88
|
|
| Monthly public transit pass |
$36.26
NGN56,127.34
|
$31.58
VEF315.03
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$16,757.94
NGN25,943,134.85
|
$30,312.50
VEF302,352.06
|
|
| Taxi trip in downtown area (5 miles) |
$12.54
NGN19,409.47
|
$25.72
VEF256.52
|
|
pay 31.9% less for housing
|
Nigeria
|
Venezuela
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$29.99
NGN46,434.62
|
$37.33
VEF372.38
|
|
| 1-Bedroom apartment in downtown area |
$731.80
NGN1,132,907.70
|
$186.78
VEF1,863.02
|
|
| 1-Bedroom apartment outside city center |
$456.14
NGN706,159.49
|
$128.17
VEF1,278.40
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$18.28
NGN28,302.11
|
$17.23
VEF171.83
|
|
pay 2.4 times more for childcare
|
Nigeria
|
Venezuela
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$85.98
NGN133,110.26
|
$64.20
VEF640.40
|
|
| Middle school for 1 child, two semesters |
$1,787.42
NGN2,767,129.87
|
$7,090.00
VEF70,719.21
|
|
pay 27.6% more for entertainment and sports
|
Nigeria
|
Venezuela
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$0.91
NGN1,401.65
|
$1.29
VEF12.87
|
|
| Cappuccino in mid-range area |
$2.04
NGN3,151.59
|
$2.35
VEF23.43
|
|
|
Pack of cigarettes
Marlboro or similar
|
$1.60
NGN2,476.08
|
$3.27
VEF32.67
|
|
| Monthly membership at local gym |
$36.79
NGN56,957.18
|
$36.50
VEF364.03
|
|
| Movie ticket to theater/cinema |
$6.47
NGN10,011.47
|
$4.92
VEF49.12
|
|
pay 64.8% more for clothing
|
Nigeria
|
Venezuela
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$17.81
NGN27,577.25
|
$44.71
VEF445.99
|
|
|
Regular dress
from H&M or similar store
|
$28.83
NGN44,638.63
|
$38.72
VEF386.23
|
|
|
Running shoes
Nike or Adidas
|
$57.22
NGN88,579.44
|
$87.32
VEF870.97
|
|
| Men's business shoes (leather) |
$57.36
NGN88,804.88
|
$69.72
VEF695.44
|
|
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