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Purchasing Power Parity · Nigeria

Cost of living in 🇳🇬 Nigeria vs the United States

Nigeria has a US-relative price level of 0.119 (US = 1.0) — about 88% cheaper than the United States. Reference year 2024.

What US salaries are worth in Nigeria

US income Feels like (US-equivalent) Cost of a US lifestyle
$50,000 $420,168 $5,950
$80,000 $672,269 $9,520
$120,000 $1,008,403 $14,280
$180,000 $1,512,605 $21,420
$250,000 $2,100,840 $29,750

“Feels like” = income ÷ price level; “cost of a US lifestyle” = income × price level. Try your own number in the interactive calculator.

How the sources compare

Each provider measures Nigeria's price level slightly differently; a tight spread means high confidence.

Consensus (median) 0.119 2024
World Bank — GDP 0.119 2024
IMF (WEO) 0.119 2024
Penn World Table 0.317 2023
World Bank — Consumption 0.180 2024

Cost of living around the world

Every country shaded by its price level relative to the US (darker = more expensive). Nigeria is outlined.

Canada: price level 0.846 (US = 1.0) United States: price level 1 (US = 1.0) Indonesia: price level 0.299 (US = 1.0) Argentina: price level 0.459 (US = 1.0) Chile: price level 0.481 (US = 1.0) Norway: price level 0.841 (US = 1.0) South Africa: price level 0.41 (US = 1.0) Mexico: price level 0.548 (US = 1.0) Brazil: price level 0.462 (US = 1.0) Colombia: price level 0.362 (US = 1.0) France: price level 0.749 (US = 1.0) Nigeria: price level 0.119 (US = 1.0) United Arab Emirates: price level 0.634 (US = 1.0) Thailand: price level 0.296 (US = 1.0) Vietnam: price level 0.288 (US = 1.0) South Korea: price level 0.573 (US = 1.0) India: price level 0.244 (US = 1.0) Sweden: price level 0.821 (US = 1.0) Poland: price level 0.486 (US = 1.0) Hungary: price level 0.508 (US = 1.0) Germany: price level 0.789 (US = 1.0) Greece: price level 0.584 (US = 1.0) Türkiye: price level 0.367 (US = 1.0) Switzerland: price level 1.101 (US = 1.0) Netherlands: price level 0.829 (US = 1.0) Portugal: price level 0.603 (US = 1.0) Spain: price level 0.642 (US = 1.0) Ireland: price level 0.821 (US = 1.0) New Zealand: price level 0.891 (US = 1.0) Australia: price level 0.923 (US = 1.0) China: price level 0.491 (US = 1.0) Italy: price level 0.672 (US = 1.0) Denmark: price level 0.899 (US = 1.0) United Kingdom: price level 0.863 (US = 1.0) Philippines: price level 0.338 (US = 1.0) Malaysia: price level 0.306 (US = 1.0) Czechia: price level 0.574 (US = 1.0) Japan: price level 0.63 (US = 1.0) Saudi Arabia: price level 0.493 (US = 1.0) Egypt: price level 0.138 (US = 1.0)
Cheaper → pricier · click a country to open its page

Countries with a similar cost of living

Relocating for work? See the fair salary from the US to Nigeria or use the Fair Pay Localizer.

Frequently asked questions

How expensive is Nigeria compared to the United States?
Nigeria has a price level of 0.119 relative to the US baseline of 1.0 (about 88% cheaper than the United States), based on the median of World Bank, IMF, OECD and Penn World Table figures with reference year 2024.
What is a $100,000 salary worth in Nigeria?
In purchasing-power terms, $100,000 stretches to about $840,336 of US-equivalent lifestyle in Nigeria; conversely, sustaining a $100,000 US lifestyle there costs about $11,900.
Where does the Nigeria cost-of-living data come from?
Real price-level figures from the World Bank, IMF World Economic Outlook, OECD and Penn World Table, blended as a per-country median and refreshed at build time.