Nigeria vs Venezuela - Cost of Living Comparison

Updated:

Livingcost

Nigeria Venezuela
🚶 Cost of living one person
$761
$838
👨‍👩‍👧‍👦 Cost of living Family
$1656
$2146
🏠 One person rent
$411
$226
🏘️ Family rent
$657
$374
🍽️ Food expenses
$211
$415
🚐 Transport expenses
$97.2
$103
💳 Monthly salary after tax
$64
$222
💸 GDP per capita
$1084
$4218
😃 Human freedom index
5.69
4.44
❤️ Life expectancy
54.5
72.5
👮 Corruption perceptions index
26
10
🌐 English speaking %
60.6%
1%
🎓 Higher education
60
63
😀 Quality of life
16
27
🏙️ Population
233M
28.4M

The average cost of living in Nigeria ($761) is 9% less expensive than in Venezuela ($838). Nigeria ranked 139th vs 123rd for Venezuela in the list of the most expensive countries in the world.

The average after-tax salary is enough to cover living expenses for 0.1 months in Nigeria compared to 0.3 months in Venezuela. Ranked 184th and 159th best countries to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Share this picture

Prices in Nigeria vs Venezuela

We calculate prices for Nigeria and Venezuela as a population-weighted mean of 33 and 77 cities, respectively. Since large cities tend to have a higher cost of living, it's better to visit specific city pages below for more relevant information.

Nigeria Venezuela
Eating Out
🍱 Lunch Menu
$2.45
$9.46
🥂 Dinner in a Restaurant, for 2
$30.1
$45.1
🥪 Fast food meal, equiv. McDonald's
$5.11
$10.2
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$0.9
$1.69
 Cappuccino
$1.99
$2.98
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$0.4
$1.37
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$407
$247
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$296
$161
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1461
$520
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$787
$386
🔌 Utility Bill one person, electricity, heating, water, etc.
$30
$17.8
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$46.2
$27.3
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$19.2
$32.6
🏦 Mortgage Interest Rate for 20 Years
17.66%
21.48%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$1735
$652
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1118
$411
Transportation
🚌 Local transport ticket
$0.48
$0.43
🎟️ Monthly ticket local transport
$23.2
$31.2
🚕 Taxi Ride, 8 km or 5 mi
$11.4
$24.8
 Gas / Petrol, 1 L or 0.26 gal
$0.56
$0.66
Groceries
🥛 Milk, 1 L or 1 qt
$2.15
$2.36
🍞 Bread, 0.5 kg or 1.1 lb
$0.97
$1.95
🍚 Rice, 1 kg or 2.2 lb
$1.34
$1.53
🥚 Eggs, x12
$1.57
$3.21
🧀 Cheese, 1 kg or 2.2 lb
$4.67
$7.13
🐔 Chicken Breast, 1 kg or 2.2 lb
$3.33
$7.64
🥩 Round Steak, 1 kg or 2.2 lb
$3.53
$9.24
🍏 Apples, 1 kg or 2.2 lb
$2.23
$5.84
🍌 Banana, 1 kg or 2.2 lb
$1.6
$1.65
🍊 Oranges, 1 kg or 2.2 lb
$1.42
$1.79
🍅 Tomato, 1 kg or 2.2 lb
$1.28
$1.95
🥔 Potato, 1 kg or 2.2 lb
$1.35
$2.09
🧅 Onion, 1 kg or 2.2 lb
$1.54
$2
🌊 Water, 1 L or 1 qt
$0.32
$1.34
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$0.95
$2.15
🍾 Wine (mid-priced), 750 mL bottle
$3.28
$11.2
🍺 Beer, 0.5 L or 16 fl oz
$0.66
$1.43
🚬 Cigarette pack
$1.42
$3.76
💊 Cold medicince, 1 week
$2.41
$7.76
🧴 Hair Shampoo
$1.48
$5.81
🧻 Toilet paper, 4 rolls
$0.93
$3.19
👄 Toothpaste, 1 tube
$0.85
$2.55
Other
🏋️ Gym Membership, 1 month
$20.9
$37.4
🎫 Cinema Ticket, 1 person
$3.94
$5.43
👩‍⚕️ Doctor's visit
$11.8
$43
💇 Haircut, simple
$2.2
$11.2
👖 Brand Jeans
$14.6
$52.7
👟 Brand Sneakers
$48.6
$101
👶 Daycare or Preschool, 1 month
$113
$114
🏫 International Primary School, 1 year
$2448
$5400

Cost of living in other countries

Cost of living

Cities Comparison in Nigeria vs Venezuela

More countries to compare

Cost of Living in Popular cities

In Nigeria

City Cost of living Population
Lagos
$946
15.1M
Kano
$491
4.35M
Benin
$627
1.78M
Port Harcourt
$559
3.33M
Ibadan
$658
2.56M
Onitsha
$795
1.48M
Aba
$591
1.16M
Abuja
$1375
1.69M
Enugu
$564
1.03M
Owerri
$1364
908K
Jos
$760
822K
Zaria
$517
766K
Maiduguri
$514
791K
Bauchi
$672
694K
Kaduna
$323
760K
Abeokuta
$995
889K
Ilorin
$518
778K
Awka
$693
430K
Umuahia
$773
359K
Calabar
$373
371K
Ife
$670
502K
Gusau
$516
383K
Sokoto
$372
428K
Warri
$786
312K
Katsina
$503
318K
Akure
$488
485K
Minna
$692
304K
Ado Ekiti
$597
314K
Oyo
$639
387K
Owo
$531
222K

In Venezuela

City Cost of living Population
Caracas
$1253
2.25M
Maracaibo
$716
1.55M
Valencia
$787
1.48M
Barinas
$859
874K
Maracay
$756
1.1M
Barquisimeto
$724
1.06M
Catia La Mar
$1080
662K
Ciudad Guayana
$896
751K
Maturin
$830
753K
Barcelona
$873
550K
Santa Teresa del Tuy
$832
525K
Ciudad Bolivar
$846
568K
Cumana
$680
375K
Cabimas
$698
352K
Merida
$724
248K
Puerto la Cruz
$716
306K
Los Teques
$1025
333K
Valera
$761
250K
Punto Fijo
$710
288K
San Cristobal
$685
286K
La Guaira
$1058
204K
Guarenas
$954
209K
Turmero
$863
255K
Cua
$748
215K
El Tigre
$752
214K
Guatire
$947
187K
La Victoria
$847
214K
San Felipe
$788
221K
Puerto Cabello
$838
209K
San Fernando de Apure
$827
194K