Cost of living comparison
Nigeria is 35.5% cheaper than South Korea.
If you lived in Nigeria instead of South Korea, you would:
pay 49.1% less for restaurants
|
South Korea
|
Nigeria
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$6.16
₩8,841
|
$2.61
NGN4,041.36
|
|
|
Fast food combo meal
McDonalds, or similar
|
$5.24
₩7,520
|
$5.61
NGN8,679.44
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.47
₩2,113
|
$0.38
NGN588.71
|
|
| Bottle of water (11 fl. oz) |
$0.79
₩1,137
|
$0.23
NGN350.28
|
|
pay 41.8% less for groceries
|
South Korea
|
Nigeria
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.08
₩4,416
|
$1.27
NGN1,962.20
|
|
| Local cheese (8 oz) |
$5.40
₩7,758
|
$2.51
NGN3,891.89
|
|
| Milk (1 gallon) |
$7.46
₩10,706
|
$9.86
NGN15,262.59
|
|
|
Eggs
1 dozen
|
$2.76
₩3,958
|
$1.87
NGN2,900.97
|
|
| Boneless chicken breast (1 lb) |
$3.32
₩4,767
|
$2.04
NGN3,150.84
|
|
| Apples (1 lb) |
$3.17
₩4,547
|
$1.75
NGN2,706.63
|
|
| Bananas (1 lb) |
$1.49
₩2,137
|
$0.90
NGN1,397.59
|
|
| Oranges (1 lb) |
$2.53
₩3,634
|
$0.73
NGN1,134.39
|
|
| Tomatoes (1 lb) |
$2.41
₩3,466
|
$0.79
NGN1,219.68
|
|
| Potatoes (1 lb) |
$1.82
₩2,620
|
$0.82
NGN1,266.29
|
|
| Onions (1 lb) |
$1.21
₩1,737
|
$0.83
NGN1,291.87
|
|
pay 12.5% less for transportation
|
South Korea
|
Nigeria
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.39
₩6,305
|
$2.41
NGN3,729.32
|
|
| Monthly public transit pass |
$45.32
₩65,049
|
$36.26
NGN56,127.34
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$27,023.07
₩38,790,260
|
$16,757.94
NGN25,943,134.85
|
|
| Taxi trip in downtown area (5 miles) |
$8.17
₩11,730
|
$12.54
NGN19,409.47
|
|
pay 24.2% more for housing
|
South Korea
|
Nigeria
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$17.65
₩25,342
|
$29.99
NGN46,434.62
|
|
| 1-Bedroom apartment in downtown area |
$426.93
₩612,839
|
$731.80
NGN1,132,907.70
|
|
| 1-Bedroom apartment outside city center |
$328.41
₩471,421
|
$456.14
NGN706,159.49
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$111.42
₩159,941
|
$18.28
NGN28,302.11
|
|
pay 84.6% less for childcare
|
South Korea
|
Nigeria
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$373.40
₩535,998
|
$85.98
NGN133,110.26
|
|
| Middle school for 1 child, two semesters |
$22,907.58
₩32,882,679
|
$1,787.42
NGN2,767,129.87
|
|
pay 43.3% less for entertainment and sports
|
South Korea
|
Nigeria
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.09
₩4,441
|
$0.91
NGN1,401.65
|
|
| Cappuccino in mid-range area |
$3.39
₩4,865
|
$2.04
NGN3,151.59
|
|
|
Pack of cigarettes
Marlboro or similar
|
$3.21
₩4,613
|
$1.60
NGN2,476.08
|
|
| Monthly membership at local gym |
$45.71
₩65,616
|
$36.79
NGN56,957.18
|
|
| Movie ticket to theater/cinema |
$10.10
₩14,496
|
$6.47
NGN10,011.47
|
|
pay 41.6% less for clothing
|
South Korea
|
Nigeria
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$60.70
₩87,138
|
$17.81
NGN27,577.25
|
|
|
Regular dress
from H&M or similar store
|
$44.52
₩63,910
|
$28.83
NGN44,638.63
|
|
|
Running shoes
Nike or Adidas
|
$72.99
₩104,777
|
$57.22
NGN88,579.44
|
|
| Men's business shoes (leather) |
$93.73
₩134,545
|
$57.36
NGN88,804.88
|
|
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