Is Nigeria expensive?

Nigeria's overall price level is 20.9 against a United States baseline of 100 (2025 data), which makes it 79% cheaper than the United States. It ranks 200th of 204 countries by price level, dearest first.

How does Nigeria compare with New Zealand?

Nigeria is 76% cheaper than New Zealand on national price levels.

Sub-Saharan Africa · Abuja

Cost of living in Nigeria

20.9 with the United States at 100

Prices in Nigeria are 79% cheaper than the United States, and it ranks 200th of 204 countries by price level (dearest first). Figures are for 2025.

Against New Zealand it is 76% cheaper.

Compared with its region

Nigeria against the Sub-Saharan Africa countries closest to it on price level.

SOURCE·World Bank — International Comparison Program·PPP conversion factor for household final consumption, and the official market exchange rate. CC BY 4.0.·REVIEWED AUG 2026

What is dear and what is cheap

No category breakdown is published for Nigeria. Eurostat's category price levels cover Europe and a handful of others; Nigeria is outside that programme, so this site has a national figure and no basket detail. Rather than borrow a plausible number from a neighbour, the gap is left where it is.

What this figure is, and is not

It is an index, not a price. 20.9 means the general level of consumer prices, with the US at 100. It is not a shopping bill and this site never quotes one.
It is national, not city. Abuja is almost certainly dearer than this. National averages cannot answer a city question.
It is not your budget. What you actually spend depends on rent, transport and habits far more than on the national average.

How the price level is worked out

The World Bank publishes a purchasing power parity for household consumption — how much local currency buys the same basket as one US dollar — and the official market exchange rate for the same year.
The price level is simply PPP ÷ exchange rate × 100. If a basket needs 1.50 New Zealand dollars per US dollar of purchasing power but the market hands you 1.65 New Zealand dollars for that dollar, New Zealand's prices sit at 1.50 ÷ 1.65 = 91% of the US level.
Nothing is modelled, smoothed or estimated. You can reproduce every number on this site from two public figures.
Where Eurostat also publishes a price level for the same country and year, the two are compared and the gap is printed — including when they disagree.

Full methodology →