Cost of living

Nigeria

compared to

South Korea

hira
Nigeria
South Korea
Cost of living one person
$1000
$1345
Cost of living Family
$2330
$3148
One person rent
$458
$783
Family rent
$982
$2362
Food expenses
$236
$484
Transport expenses
$127.16
$100.94
Monthly salary after tax
$129.16
$2640.44
Quality of life
32.85
32.83
Human freedom index
5.16
7.92
Life expectancy
60.15
87.03
English speaking %
50.97%
22.17%
Population
195.9M
51.6M

The average cost of living in Nigeria ($1000) is 26% less expensive than in South Korea ($1345). Nigeria ranked 82th vs 43th for South Korea in the list of the most expensive countries in the world.

The average after-tax salary is enough to cover living expenses for 0.2 months in Nigeria compared to 2 months in South Korea .

Eating Out
Nigeria
South Korea
Lunch Menu
$2.44
$5.48
Dinner in a Restaurant, for 2
$25.34
$35.1
Fast food meal, equiv. McDonald's
$5.2
$5.76
Beer in a Pub, 0.5 L or 16 fl oz
$0.93
$3.49
Cappuccino
$2.31
$3.27
Pepsi / Coke, 0.5 L or 16.9 fl oz
$0.39
$1.47
Rent & Utilities
Nigeria
South Korea
1 bedroom apartment in city Center, 40 m2 or 430 ft2
$575.64
$557.93
Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$392.27
$297.08
3 bedroom apartment in city Center, 80 m2 or 860 ft2
$1386.53
$1188.78
Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$751.73
$760.76
Utility Bill one person, electricity, heating, water, etc.
$16.89
$99.45
Utility Bill for a Family, electricity, heating, water, etc.
$31.57
$161.15
Internet plan, 50 Mbps+ 1 month unlimited
$33.62
$17.95
Mortgage Interest Rate for 20 Years
$16.24
$4.74
Apartment price to Buy in city Center, 1 m2 or 10 ft2
$1037
$11423
House price to Buy in Suburbs, 1 m2 or 10 ft2
$666
$8058
Transportation
Nigeria
South Korea
Local transport ticket
$0.57
$1.13
Monthly ticket local transport
$26.05
$40.45
Taxi Ride, 8 km or 5 mi
$10.96
$9.72
Gas / Petrol, 1 L or 0.26 gal
$0.7
$1.44
Groceries
Nigeria
South Korea
Milk, 1 L or 1 qt
$1.88
$1.86
Bread, 0.5 kg or 1.1 lb
$1.25
$3.36
Rice, 1 kg or 2.2 lb
$1.71
$2.98
Eggs, x12
$2.1
$3.36
Cheese, 1 kg or 2.2 lb
$4.09
$12.74
Chicken Breast, 1 kg or 2.2 lb
$3.85
$9.03
Round Steak, 1 kg or 2.2 lb
$4.88
$27.04
Apples, 1 kg or 2.2 lb
$2.91
$2.74
Banana, 1 kg or 2.2 lb
$2.26
$3.23
Oranges, 1 kg or 2.2 lb
$1.83
$5.78
Tomato, 1 kg or 2.2 lb
$1.84
$5.64
Potato, 1 kg or 2.2 lb
$1.82
$3.55
Onion, 1 kg or 2.2 lb
$2.05
$2.31
Water, 1 L or 1 qt
$0.43
$0.67
Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$0.5
$2.86
Wine (mid-priced), 750 mL bottle
$4.46
$18.53
Beer, 0.5 L or 16 fl oz
$0.89
$2.33
Cigarette pack
$1.62
$3.01
Cold medicince, 1 week
$1.5
$5.77
Hair Shampoo
$1.18
$6.08
Toilet paper, 4 rolls
$0.63
$2.39
Toothpaste, 1 tube
$0.45
$2.14
Other
Nigeria
South Korea
Gym Membership, 1 month
$31.98
$50.16
Cinema Ticket, 1 person
$5.02
$9.93
Doctor's visit
$7.28
$34.01
Haircut, simple
$1.69
$7.81
Brand Jeans
$21.19
$54.11
Brand Sneakers
$71.83
$79.5
Daycare or Preschool, 1 month
$89.09
$395.05
International Primary School, 1 year
$1529
$25632