Cost of living
Federal Capital Territory compared to Akure
🏛️
Overview comparison
Federal Capital TerritoryAkure
Consumer prices in Federal Capital Territory are roughly 55% higher than in Akure.
Cost of living
| Item | Federal Capital Territory | Akure |
|---|
| Total with rent one person | 1,436 | 537 |
|---|
| Total with rent family | 2,882 | 1,518 |
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| Without rent one person | 336 | 336 |
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| Without rent one family | 1,043 | 914 |
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| Rent & Utilities person | 990 | 289.94 |
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| Rent & Utilities family | 2,489.68 | 470.71 |
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| Food person | 186 | 244 |
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| Food family | 523 | 592 |
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| Transport person | 52.33 | 96.16 |
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| Transport family | 154.37 | 201.26 |
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| Life expectancy | 69.98 years | 69.94 years |
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Eating Out
| Item | Federal Capital Territory | Akure |
|---|
| Lunch Menu | 2.68 | 1.59 |
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| Dinner in a Restaurant, for 2 | 35.65 | 13.81 |
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| Fast food meal, equiv. McDonald's | 4.12 | 5.96 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 0.99 | 3.15 |
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| Cappuccino | 1.4 | 1.74 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 0.63 | 0.34 |
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Rent & Utilities
| Item | Federal Capital Territory | Akure |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 1,589.02 | 360.1 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 877.6 | 223.72 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 4,040.13 | 689.19 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 1,985 | 313.56 |
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| Utility Bill one person, electricity, heating, water, etc. | 16.17 | 13.94 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 18.56 | 21.41 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 33.74 | 16.11 |
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Transportation
| Item | Federal Capital Territory | Akure |
|---|
| Local transport ticket | 26.82 | 18.27 |
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| Monthly ticket local transport | 1,405 | 747 |
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| Taxi Ride, 8 km or 5 mi | 1,261 | 650 |
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| Gas / Petrol, 1 L or 0.26 gal | 0.8 | 0.26 |
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| Mortgage Interest Rate for 20 Years | 7.3% | 13.95% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 7.96 | 21.6 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 0.62 | 0.46 |
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Groceries
| Item | Federal Capital Territory | Akure |
|---|
| Milk, 1 L or 1 qt | 2.29 | 1.76 |
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| Bread, 0.5 kg or 1.1 lb | 0.88 | 0.88 |
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| Eggs, x12 | 2.15 | 1.88 |
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| Cheese, 1 kg or 2.2 lb | 2.26 | 6.9 |
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| Chicken Breast, 1 kg or 2.2 lb | 3.34 | 4.77 |
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| Round Steak, 1 kg or 2.2 lb | 4.36 | 5.79 |
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| Banana, 1 kg or 2.2 lb | 1.72 | 2.63 |
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| Water, 1 L or 1 qt | 0.18 | 0.29 |
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Other
| Item | Federal Capital Territory | Akure |
|---|
| Gym Membership, 1 month | 28.86 | 26.97 |
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| Cinema Ticket, 1 person | 7.33 | 4.35 |
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| Doctors visit | 16.33 | 6.98 |
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| Haircut, simple | 1.77 | 1.62 |
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| Brand Jeans | 28.29 | 18.2 |
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| Brand Sneakers | 66.63 | 73.35 |
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| Daycare or Preschool, 1 month | 146.1 | 65.74 |
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| International Primary School, 1 year | 1,966 | 2,659 |
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