Cost of Living in Akure - Updated Prices & Insights

Solo nomad: Estimated monthly costs are $419 (excluding rent), and $649 including rent.

Family of 3: Estimated monthly costs are $966 (excluding rent), and $1,437 including rent.

Meal at Budget Restaurant

$1.51 ₦2,180

$0.81 ₦1,171

$4.7 ₦6,777

Three-Course Dinner for Two, Mid-Range

$17.14 ₦24.7K

$99.7 ₦143.8K

Fast Food Meal (McDonalds, etc)

$5.35 ₦7,724

$4.53 ₦6,535

$10.04 ₦14.5K

Cappuccino

$2.2 ₦3,181

$1.02 ₦1,473

$4.07 ₦5,876

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$0.37 ₦529

$0.27 ₦393

$0.84 ₦1,208

Water (0.33 liter bottle)

$0.2 ₦288

$0.14 ₦206

$0.48 ₦686

Local Beer (0.5 liter draught)

$0.81 ₦1,165

$0.47 ₦682

$1.97 ₦2,841

Imported Beer (0.33 liter bottle)

$1.39 ₦2,008

$0.9 ₦1,296

$2.96 ₦4,273

Milk (1 liter)

$2.08 ₦2,999

$1.3 ₦1,880

$3.98 ₦5,740

White Bread (500g)

$0.98 ₦1,420

$0.39 ₦568

$1.97 ₦2,840

Rice (white) (1kg)

$2.26 ₦3,258

$1.01 ₦1,458

$3.9 ₦5,630

Eggs

$1.72 ₦2,477

$1.21 ₦1,747

$3.14 ₦4,525

Local Cheese (1kg)

$6.33 ₦9,135

$2.85 ₦4,108

$15.64 ₦22.6K

Chicken Fillets (1kg)

$4.19 ₦6,053

$2.82 ₦4,069

$6.59 ₦9,508

Beef Round Steak (1kg)

$5.49 ₦7,921

$3.27 ₦4,715

$8.51 ₦12.3K

Apples (1kg)

$3.59 ₦5,186

$1.36 ₦1,965

$6.73 ₦9,708

Banana (1kg)

$2.09 ₦3,017

$1.01 ₦1,457

$5.05 ₦7,287

Oranges (1kg)

$2.04 ₦2,939

$0.39 ₦564

$7.85 ₦11.3K

Tomato (1kg)

$1.68 ₦2,429

$0.64 ₦922

$4.04 ₦5,837

Potato (1kg)

$1.47 ₦2,118

$1.01 ₦1,461

$3.92 ₦5,653

Onion (1kg)

$1.82 ₦2,633

$0.98 ₦1,416

$3.27 ₦4,714

Lettuce (1 head)

$1.93 ₦2,788

$0.63 ₦910

$4.05 ₦5,846

Water (1.5 liter bottle)

$0.36 ₦517

$0.24 ₦350

$1.25 ₦1,804

Cigarettes 20 Pack (Marlboro, Camel)

$1.25 ₦1,799

$0.97 ₦1,405

$1.46 ₦2,108

Wine (Bottle)

$3.1 ₦4,481

$2.27 ₦3,274

$5.12 ₦7,396

Local Beer (0.5 liter bottle)

$0.64 ₦922

$0.37 ₦531

$0.84 ₦1,216

Imported Beer (0.33 liter bottle)

$0.89 ₦1,283

$0.5 ₦719

$1.47 ₦2,128

One-way Ticket (Public Transport)

$0.25 ₦359

Taxi Start (Normal Tariff)

$1.25 ₦1,800

$0.57 ₦826

$1.68 ₦2,419

Taxi (Normal Tariff) (1km)

$2.18 ₦3,151

$1.02 ₦1,475

$2.7 ₦3,895

Taxi 1hour Waiting (Normal Tariff)

$4.8 ₦6,929

$2.89 ₦4,166

$6.64 ₦9,589

Gasoline (1 liter)

$0.48 ₦693

$0.43 ₦618

$0.89 ₦1,281

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$20.3K ₦29.4M

$13K ₦18.8M

$25K ₦36.1M

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$20.7K ₦29.8M

$19.5K ₦28.1M

$27.1K ₦39.2M

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$21.7 ₦31.3K

$80.6 ₦116.3K

SIM Card Monthly Plan (Calls and 10GB+ Data)

$10.21 ₦14.7K

$3.93 ₦5,677

$13.88 ₦20K

Internet (50+ Mbps, Unlimited Data)

$17.35 ₦25K

$53 ₦76.5K

Cinema Ticket

$6.49 ₦9,373

$5.65 ₦8,160

$7.98 ₦11.5K

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$65 ₦93.8K

$38.22 ₦55.2K

$168 ₦242.2K

International Primary School, 1 Child (Yearly)

$2,259 ₦3.3M

$710 ₦1M

$4,265 ₦6.2M

Jeans (Levis 501 Or Similar)

$18.89 ₦27.3K

$12.46 ₦18K

$39.14 ₦56.5K

Summer Dress (H&M, Zara, etc)

$24.25 ₦35K

$11.1 ₦16K

$52.2 ₦75.3K

Sport Shoes (Adidas, Nike)

$64.4 ₦92.9K

$16.89 ₦24.4K

$129 ₦185.7K

Men's Leather Business Shoes

$57.2 ₦82.6K

$23.79 ₦34.3K

$117 ₦168.1K

1-bedroom Apartment, City Center (Monthly)

$392 ₦565.1K

1-bedroom Apartment, Outside City Center (Monthly)

$259 ₦373.7K

3-bedroom Apartment, City Center (Monthly)

$665 ₦959.5K

3-bedroom Apartment, Outside City Center (Monthly)

$529 ₦763.5K

Average Monthly Net Salary (After Tax)

$101 ₦146K

20-Year Fixed Mortgage Interest Rate (Annual %)

16.33

Citycost data is based on AI and user input – minor inaccuracies may occur.

Last update: November 23, 2025

Digital Nomad Cost of Living Index

City tags:

🌍 Africa

Cost of Living in Akure - Frequently Asked Questions

Akure offers a practical balance of value and pace for travelers, expats, and digital nomads. You'll find modest apartments and guesthouses that are more affordable than Lagos or Abuja, plus markets and street-food options that let you eat well without overspending. Neighborhoods range from quiet residential streets to central pockets with easy access to shops and transit, helping you keep commuting costs reasonable. Compared with larger cities, the Cost of Living in Akure, Nigeria tends to be moderate, especially if you space out stays and watch utility usage. Tip: Start with a short-term stay to test neighborhoods, then negotiate longer leases once you know your routine.

Daily life in Akure revolves around markets, casual eateries, and manageable commutes. Your housing search tends to be through local listings and agents, with options from simple rooms to self-contained flats near campuses or town centers. Food options range from palm-oil stews and suya to fresh fruit and prepared meals at affordable prices. Transport includes taxis, public buses, and ride-hailing apps; many people also use motorcycles for quick hops. As you map the Akure, Nigeria living cost across housing, meals, and transport, you’ll see how it scales with neighborhood choice. Tip: Take a few days to sample a few neighborhoods and note how amenities, safety, and noise align with your work or study rhythm.

Quality of life in Akure balances climate, community, and access to services, with daily satisfaction shaped by neighborhood fit and your routines. You can use a simple budgeting framework, such as 50/30/20, to allocate money toward rent, utilities, food, and a cushion for transport or emergencies. Seasonality matters: dry and wet seasons influence travel times, power reliability, and outdoor plans, so plan ahead for rain gear or heat breaks. Smart saving tips include cooking at home several meals a week, choosing a neighborhood with walkable amenities, and negotiating longer leases for favorable terms. Tip: Build a short-term trial in a few areas to test internet reliability and daily rhythms before committing long-term.