Cost of living
Akure compared to Oyo State
🏛️
Overview comparison
AkureOyo State
Consumer prices in Oyo State are roughly 11% higher than in Akure.
Cost of living
| Item | Akure | Oyo State |
|---|
| Total with rent one person | 537 | 784 |
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| Total with rent family | 1,518 | 2,080 |
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| Without rent one person | 336 | 445 |
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| Without rent one family | 914 | 1,030 |
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| Rent & Utilities person | 289.94 | 275.7 |
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| Rent & Utilities family | 470.71 | 645.55 |
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| Food person | 244 | 302 |
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| Food family | 592 | 680 |
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| Transport person | 96.16 | 70.03 |
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| Transport family | 201.26 | 147.22 |
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| Life expectancy | 69.94 years | 71.71 years |
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Eating Out
| Item | Akure | Oyo State |
|---|
| Lunch Menu | 1.59 | 2.43 |
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| Dinner in a Restaurant, for 2 | 13.81 | 37.31 |
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| Fast food meal, equiv. McDonald's | 5.96 | 5.22 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 3.15 | 0.91 |
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| Cappuccino | 1.74 | 2.21 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 0.34 | 0.39 |
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Rent & Utilities
| Item | Akure | Oyo State |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 360.1 | 423.97 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 223.72 | 175.47 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 689.19 | 1,033.33 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 313.56 | 704.93 |
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| Utility Bill one person, electricity, heating, water, etc. | 13.94 | 25.75 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 21.41 | 43.77 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 16.11 | 33.25 |
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Transportation
| Item | Akure | Oyo State |
|---|
| Local transport ticket | 18.27 | 11.15 |
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| Monthly ticket local transport | 747 | 691 |
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| Taxi Ride, 8 km or 5 mi | 650 | 171 |
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| Gas / Petrol, 1 L or 0.26 gal | 0.26 | 0.38 |
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| Mortgage Interest Rate for 20 Years | 13.95% | 12.89% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 21.6 | 22.3 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 0.46 | 0.68 |
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Groceries
| Item | Akure | Oyo State |
|---|
| Milk, 1 L or 1 qt | 1.76 | 3.03 |
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| Bread, 0.5 kg or 1.1 lb | 0.88 | 1.65 |
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| Eggs, x12 | 1.88 | 1.65 |
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| Cheese, 1 kg or 2.2 lb | 6.9 | 4.41 |
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| Chicken Breast, 1 kg or 2.2 lb | 4.77 | 4.14 |
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| Round Steak, 1 kg or 2.2 lb | 5.79 | 5.16 |
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| Banana, 1 kg or 2.2 lb | 2.63 | 2.83 |
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| Water, 1 L or 1 qt | 0.29 | 0.35 |
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Other
| Item | Akure | Oyo State |
|---|
| Gym Membership, 1 month | 26.97 | 11.79 |
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| Cinema Ticket, 1 person | 4.35 | 5.9 |
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| Doctors visit | 6.98 | 6.36 |
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| Haircut, simple | 1.62 | 1.43 |
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| Brand Jeans | 18.2 | 15.87 |
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| Brand Sneakers | 73.35 | 51.69 |
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| Daycare or Preschool, 1 month | 65.74 | 77.71 |
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| International Primary School, 1 year | 2,659 | 2,689 |
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