How much is rent in Nigeria?

January 2023 · 6 minute read

Cost of living in Nigeria chart

Accommodation (monthly rent)
Three-bedroom apartment in

city centre

NGN 400,000
One-bedroom apartment in city centreNGN 150,000
One-bedroom apartment outside of city centreNGN 40,000
Shopping and groceries

Moreover, How much is $1000 worth today?

Value of $1,000 from 1800 to 2021

$1,000 in 1800 is equivalent in purchasing power to about $21,666.90 today, an increase of $20,666.90 over 221 years. The dollar had an average inflation rate of 1.40% per year between 1800 and today, producing a cumulative price increase of 2,066.69%.

How much is Coke in Nigeria?

Coca-Cola Coke 60 CL X 12: N1,200 – N1,500. Teem Bitter Lemon – 12 Bottles in a Pack: N1,000 – N1,500.

Also Is life in Nigeria expensive? A single person estimated monthly costs are 436$ (179,594₦) without rent. Cost of living in Nigeria is, on average, 57.54% lower than in United States. Rent in Nigeria is, on average, 18.22% lower than in United States.

What is a good salary in Nigeria?

A person working in Nigeria typically earns around 339,000 NGN per month. Salaries range from 85,700 NGN (lowest average) to 1,510,000 NGN (highest average, actual maximum salary is higher). This is the average monthly salary including housing, transport, and other benefits.

22 Related Questions Answers Found

How much was $1000 10 years ago?

Value of $1,000 from 2010 to 2021

$1,000 in 2010 is equivalent in purchasing power to about $1,251.99 today, an increase of $251.99 over 11 years. The dollar had an average inflation rate of 2.06% per year between 2010 and today, producing a cumulative price increase of 25.20%.

What was $1000 worth 30 years ago?

Value of $1,000 from 1930 to 2021

$1,000 in 1930 is equivalent in purchasing power to about $16,347.49 today, an increase of $15,347.49 over 91 years. The dollar had an average inflation rate of 3.12% per year between 1930 and today, producing a cumulative price increase of 1,534.75%.

How much was $1000 dollars worth in 1940?

$1,000 in 1940 is worth $19,500.21 today.

Which beer is the best in Nigeria?

TOP BEER FROM NIGERIA

Brewer
1
Guinness Foreign Extra Stout

(Nigeria)
Guinness Nigeria
2Legend Extra Stout (Nigeria)Nigerian Breweries PLC (Heineken)
3Guinness Extra Smooth (Nigeria)Guinness Nigeria
433 Export (Nigeria)Consolidated Breweries

What do they drink in Nigeria?

Akpeteshie is the national spirit of Ghana, produced by distilling palm wine or sugar cane. In Nigeria it is known as Ògógóró (Ogog’), a Yoruba word, usually distilled locally from fermented Raffia palm tree juice, where it is known as the country’s homebrew.

Who brought Coke to Nigeria?

Coca Cola was introduced into the Nigerian market in 1951, but domestic production began in 1953 by the Nigerian Bottling Company (NBC). Coca Cola products sold in Nigeria include Coca Cola, Sprite, Fanta, Five Alive and Eva water.

Is 50 dollars a lot in Nigeria?

To answer your question, $50 is worth just about NGN17,750 (using $1 = NGN355). Where NGN represents Nigerian Naira. You can only do grocery shopping with that amount of money and if you’re a spender, that may not last you more than a day.

What is Nigerian Army salary?

Nigerian Army Ranks and Salaries 2020

S/NCATEGORIESSALARIES
3Staff SergeantN68,000
4SergeantN63,000
5Corporal
N58,000
6Lance – corporalN55,000

What can $100 buy in Nigeria?

$100 is work 36,300 in Nigerian currency.


What is the highest paid job in Nigeria?


10 Highest Paying Jobs in Nigeria

How much money do you need to live comfortably in Nigeria?

If you’re traveling to Nigeria, around 500$ should cover your basic monthly expenses (food, social life, a bit of shopping and other expenses) even with the recession that is in effect right now.

What is Nigeria basic salary?

The minimum and maximum salary range in Nigeria is between N37, 000 to N5, 000,000 monthly. The middle salary value is N300, 000 monthly which indicates that 50% of the population are earning below N300, 000 while the other half are earning above N300, 000.

What will 100k be worth in 20 years?

How much will an investment of $100,000 be worth in the future? At the end of 20 years, your savings will have grown to $320,714. You will have earned in $220,714 in interest.

How much was $1000 dollars worth in 1850?

$1,000 in 1850 is worth $35,000.38 today

$1,000 in 1850 is equivalent in purchasing power to about $35,000.38 today, an increase of $34,000.38 over 171 years. The dollar had an average inflation rate of 2.10% per year between 1850 and today, producing a cumulative price increase of 3,400.04%.

How much would 1000 pounds in 1900 be worth today?

£1,000 in 1900 is worth £116,836.96 in 2017

£1,000 in 1900 is equivalent in purchasing power to about £116,836.96 in 2017, an increase of £115,836.96 over 117 years. The pound had an average inflation rate of 4.15% per year between 1900 and 2017, producing a cumulative price increase of 11,583.70%.

How much is $1000 in 1987 worth now?

Value of $1,000 from 1987 to 2021

$1,000 in 1987 is equivalent in purchasing power to about $2,391.69 today, an increase of $1,391.69 over 34 years. The dollar had an average inflation rate of 2.60% per year between 1987 and today, producing a cumulative price increase of 139.17%.

What was a million dollars worth in 1800?

$1,000,000 in 1800 is worth $21,666,904.76 today

$1,000,000 in 1800 is equivalent in purchasing power to about $21,666,904.76 today, an increase of $20,666,904.76 over 221 years. The dollar had an average inflation rate of 1.40% per year between 1800 and today, producing a cumulative price increase of 2,066.69%.

What’s the worst beer to drink?

RateBeer’s Worst Beers

The Worst
1
Natural Light
Pale Lager – American
2Natural IcePale Lager – American
3Milwaukee’s Best PremiumPale Lager – American
4Camo Genuine AleMalt Liquor


Dec 29, 2020

What is the healthiest beer you can drink?


The Healthiest Beers You Can Drink

Why does beer make you fat?

The most likely way beer contributes to belly fat is through the excess calories it adds to your diet. Other types of alcohol like spirits and wine have fewer calories per standard drink than beer. This means they may be less likely to cause weight gain and belly fat.

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