Cost of living comparison
Nigeria is 63.0% cheaper than Reykjavik.
- Restaurants
-
pay 83.3% less in Nigeria
- Groceries
-
pay 33.5% less in Nigeria
- Transportation
-
pay 57.9% less in Nigeria
- Housing
-
pay 65.2% less in Nigeria
- Childcare
-
pay 68.1% less in Nigeria
- Entertainment and Sports
-
pay 68.7% less in Nigeria
- Clothing
-
pay 64.6% less in Nigeria
Expenses including restaurants, entertainment and sports, childcare, housing, clothing, and transportation are lower in Nigeria.
If you lived in Nigeria instead of Reykjavik, you would:
pay 83.3% less for restaurants
|
Reykjavik
|
Nigeria
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$20.00
ISK2,614
|
$2.61
NGN4,182.93
|
|
|
Fast food combo meal
McDonalds, or similar
|
$18.02
ISK2,355
|
$5.61
NGN8,983.48
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.15
ISK412
|
$0.38
NGN609.33
|
|
| Bottle of water (11 fl. oz) |
$2.19
ISK286
|
$0.23
NGN362.55
|
|
pay 33.5% less for groceries
|
Reykjavik
|
Nigeria
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.61
ISK472
|
$1.27
NGN2,030.93
|
|
| Local cheese (8 oz) |
$7.76
ISK1,014
|
$2.51
NGN4,028.22
|
|
| Milk (1 gallon) |
$6.40
ISK837
|
$9.86
NGN15,797.24
|
|
|
Eggs
1 dozen
|
$5.76
ISK752
|
$1.87
NGN3,002.59
|
|
| Boneless chicken breast (1 lb) |
$9.45
ISK1,235
|
$2.04
NGN3,261.21
|
|
| Apples (1 lb) |
$1.40
ISK183
|
$1.75
NGN2,801.44
|
|
| Bananas (1 lb) |
$1.01
ISK132
|
$0.90
NGN1,446.54
|
|
| Oranges (1 lb) |
$1.22
ISK159
|
$0.73
NGN1,174.13
|
|
| Tomatoes (1 lb) |
$2.22
ISK291
|
$0.79
NGN1,262.40
|
|
| Potatoes (1 lb) |
$1.43
ISK187
|
$0.82
NGN1,310.65
|
|
| Onions (1 lb) |
$0.93
ISK122
|
$0.83
NGN1,337.12
|
|
pay 57.9% less for transportation
|
Reykjavik
|
Nigeria
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.50
ISK1,111
|
$2.41
NGN3,859.96
|
|
| Monthly public transit pass |
$74.95
ISK9,796
|
$36.26
NGN58,093.47
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$42,450.45
ISK5,547,849
|
$16,757.94
NGN26,851,917.95
|
|
| Taxi trip in downtown area (5 miles) |
$24.05
ISK3,143
|
$12.54
NGN20,089.38
|
|
pay 65.2% less for housing
|
Reykjavik
|
Nigeria
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$69.87
ISK9,131
|
$29.99
NGN48,061.22
|
|
| 1-Bedroom apartment in downtown area |
$1,971.17
ISK257,612
|
$731.80
NGN1,172,593.24
|
|
| 1-Bedroom apartment outside city center |
$1,803.44
ISK235,692
|
$456.14
NGN730,896.12
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$53.95
ISK7,051
|
$18.28
NGN29,293.53
|
|
pay 68.1% less for childcare
|
Reykjavik
|
Nigeria
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$252.14
ISK32,952
|
$85.98
NGN137,773.08
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK783,355
|
$1,787.42
NGN2,864,061.90
|
|
pay 68.7% less for entertainment and sports
|
Reykjavik
|
Nigeria
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$10.81
ISK1,413
|
$0.91
NGN1,450.75
|
|
| Cappuccino in mid-range area |
$5.31
ISK693
|
$2.04
NGN3,261.99
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.25
ISK1,600
|
$1.60
NGN2,562.81
|
|
| Monthly membership at local gym |
$69.95
ISK9,141
|
$36.79
NGN58,952.38
|
|
| Movie ticket to theater/cinema |
$14.77
ISK1,931
|
$6.47
NGN10,362.17
|
|
pay 64.6% less for clothing
|
Reykjavik
|
Nigeria
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$108.97
ISK14,242
|
$17.81
NGN28,543.28
|
|
|
Regular dress
from H&M or similar store
|
$49.72
ISK6,498
|
$28.83
NGN46,202.31
|
|
|
Running shoes
Nike or Adidas
|
$151.85
ISK19,846
|
$57.22
NGN91,682.37
|
|
| Men's business shoes (leather) |
$194.16
ISK25,374
|
$57.36
NGN91,915.70
|
|
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