Cost of living in Abeokuta
Abeokuta, the capital city of Ogun State in Nigeria, is known for its rich cultural heritage and historical significance. Understanding the cost of living in Abeokuta is crucial for anyone considering moving to or visiting the city.
This guide provides a detailed breakdown of the expenses you can expect, from dining and groceries to transportation and housing, helping you plan your budget effectively.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $2.8 on average, with a range between $1.31 and $6.79.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $48.97, with prices ranging from $32.65 to $88.77.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $6.99, with a range between $5.33 and $10.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $0.61 to $2, imported beer $1.03 to $2.66, cappuccino $1 to $3.99, and Coke/Pepsi $0.3 to $0.65.
Grocery Prices
- Milk - Milk is priced between $1.52 and $4 per liter, averaging $2.62.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $0.77 and $2.18, with an average price of $1.47.
- Eggs (Dozen) - A dozen eggs range from $1.22 to $3.34, averaging $1.75.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.33 to $6.45 per kg, while oranges range from $0.38 to $7.63 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.76 and $3.95 per kg, and lettuce costs $0.39 to $4.36 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs between $0.32 and $0.43.
- Fuel (Gasoline) - Gasoline is priced between $0.4 and $0.82 per liter.
- Taxi Fares - Taxi fares start at $1.22, with a cost of $0.95 to $2.72 per km and $2.63 to $7.87 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre averages $700.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent also averages $700.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $765 to $789.17, averaging $777.09.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $450.96 to $1055.59, averaging $710.52.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $28.91 and $65.03, averaging $39.53.
- Internet - Internet services range from $15.77 to $65.24, with an average cost of $15.77.
Cost of Living Rankings
The cost of living indices for Nigeria are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in Nigeria, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
Restaurants
Restaurants
Markets
Markets
Transportation
Transportation
Rent Per Month
Rent Per Month
Utilities (Monthly)
Utilities (Monthly)
Sports And Leisure
Sports And Leisure
Clothing And Shoes
Clothing And Shoes
Salaries And Financing
Salaries And Financing
Childcare
Childcare
"Key Takeaways"
Abeokuta offers a relatively affordable cost of living compared to many global cities, with low prices for dining and groceries.
Housing costs are moderate, with similar pricing for 1-bedroom apartments both in and outside the city centre.
Transportation is inexpensive, making it easy to navigate the city without a significant financial burden.
Conclusion
In conclusion, Abeokuta presents a cost-effective living environment, especially for those looking to balance affordability with access to urban amenities.
Whether you're planning a short visit or a long-term stay, understanding these costs will help you manage your budget effectively and enjoy what the city has to offer.