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Cost of Living in Akure - Updated Prices & Insights

Solo nomad: Estimated monthly costs are $339 (excluding rent), and $658 including rent.
Family of 3: Estimated monthly costs are $931 (excluding rent), and $1,420 including rent.
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🍽 Eating Out
Cost
Range
Meal at Budget Restaurant
$1.44 ₦2,042
$0.77 ₦1,097
$4.47 ₦6,347
Three-Course Dinner for Two, Mid-Range
$17.52 ₦24.9K
$17.52 ₦24.9K
$102 ₦144.5K
Fast Food Meal (McDonalds, etc)
$5.43 ₦7,703
$4.59 ₦6,518
$10.19 ₦14.5K
Cappuccino
$2.19 ₦3,104
$1.01 ₦1,437
$4.04 ₦5,734
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$0.34 ₦479
$0.25 ₦355
$0.77 ₦1,094
Water (0.33 liter bottle)
$0.20 ₦283
$0.14 ₦202
$0.48 ₦675
Local Beer (0.5 liter draught)
$0.81 ₦1,146
$0.47 ₦671
$1.97 ₦2,794
Imported Beer (0.33 liter bottle)
$1.43 ₦2,028
$0.92 ₦1,309
$3.04 ₦4,314
🛒 Groceries & Markets
Cost
Range
Milk (1 liter)
$2.15 ₦3,049
$1.35 ₦1,911
$4.11 ₦5,835
White Bread (500g)
$0.97 ₦1,379
$0.39 ₦551
$1.94 ₦2,757
Rice (white) (1kg)
$2.34 ₦3,315
$1.05 ₦1,483
$4.04 ₦5,728
Eggs
$1.71 ₦2,420
$1.20 ₦1,707
$3.12 ₦4,421
Local Cheese (1kg)
$6.42 ₦9,104
$2.89 ₦4,095
$15.85 ₦22.5K
Chicken Fillets (1kg)
$4.34 ₦6,155
$2.92 ₦4,137
$6.81 ₦9,667
Beef Round Steak (1kg)
$5.32 ₦7,545
$3.16 ₦4,491
$8.25 ₦11.7K
Apples (1kg)
$3.54 ₦5,024
$1.34 ₦1,904
$6.63 ₦9,403
Banana (1kg)
$2.02 ₦2,871
$0.98 ₦1,387
$4.89 ₦6,936
Oranges (1kg)
$2.02 ₦2,873
$0.39 ₦551
$7.80 ₦11.1K
Tomato (1kg)
$1.68 ₦2,377
$0.64 ₦902
$4.03 ₦5,713
Potato (1kg)
$1.41 ₦2,005
$0.97 ₦1,383
$3.77 ₦5,350
Onion (1kg)
$1.90 ₦2,697
$1.02 ₦1,450
$3.40 ₦4,829
Lettuce (1 head)
$1.90 ₦2,702
$0.62 ₦882
$3.99 ₦5,666
Water (1.5 liter bottle)
$0.36 ₦505
$0.24 ₦341
$1.24 ₦1,761
Cigarettes 20 Pack (Marlboro, Camel)
$1.26 ₦1,787
$0.98 ₦1,396
$1.48 ₦2,094
Wine (Bottle)
$2.11 ₦2,997
$2.11 ₦2,997
$5.18 ₦7,349
Local Beer (0.5 liter bottle)
$0.69 ₦979
$0.40 ₦563
$0.91 ₦1,290
Imported Beer (0.33 liter bottle)
$0.87 ₦1,241
$0.49 ₦696
$1.45 ₦2,060
🚌 Getting Around
Cost
Range
One-way Ticket (Public Transport)
$0.27 ₦385
-
Taxi Start (Normal Tariff)
$1.19 ₦1,682
$0.54 ₦772
$1.59 ₦2,261
Taxi (Normal Tariff) (1km)
$2.23 ₦3,170
$1.05 ₦1,484
$2.76 ₦3,920
Taxi 1hour Waiting (Normal Tariff)
$4.66 ₦6,611
$2.80 ₦3,975
$6.45 ₦9,148
Gasoline (1 liter)
$0.45 ₦632
$0.40 ₦564
$0.82 ₦1,168
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$20.1K ₦28.6M
$12.9K ₦18.3M
$24.7K ₦35.1M
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$20.3K ₦28.8M
$19.1K ₦27.1M
$26.7K ₦37.9M
🧾 Monthly Utilities & Internet
Cost
Range
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$21.63 ₦30.7K
$21.63 ₦30.7K
$80.4 ₦114.0K
SIM Card Monthly Plan (Calls and 10GB+ Data)
$9.88 ₦14.0K
$3.81 ₦5,402
$13.43 ₦19.1K
Internet (50+ Mbps, Unlimited Data)
$17.23 ₦24.4K
$17.23 ₦24.4K
$52.7 ₦74.8K
🎉 Sport & Entertainment
Cost
Range
Cinema Ticket
$6.41 ₦9,096
$5.58 ₦7,919
$7.88 ₦11.2K
🧸 Childcare & Education
Cost
Range
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$64.6 ₦91.7K
$38.01 ₦53.9K
$167 ₦236.8K
International Primary School, 1 Child (Yearly)
$2,272 ₦3.2M
$714 ₦1.0M
$4,289 ₦6.1M
👕👟 Clothing & Footwear
Cost
Range
Jeans (Levis 501 Or Similar)
$19.43 ₦27.6K
$12.82 ₦18.2K
$40.26 ₦57.1K
Summer Dress (H&M, Zara, etc)
$24.96 ₦35.4K
$11.43 ₦16.2K
$53.7 ₦76.2K
Sport Shoes (Adidas, Nike)
$63.4 ₦90.0K
$16.63 ₦23.6K
$127 ₦179.8K
Men's Leather Business Shoes
$57.0 ₦80.9K
$23.71 ₦33.6K
$116 ₦164.7K
🏠 Accommodation & Living
Cost
Range
1-bedroom Apartment, City Center (Monthly)
$397 ₦563.8K
-
1-bedroom Apartment, Outside City Center (Monthly)
$267 ₦378.4K
-
3-bedroom Apartment, City Center (Monthly)
$647 ₦917.7K
-
3-bedroom Apartment, Outside City Center (Monthly)
$535 ₦759.6K
-
💵 Salaries & Financials
Cost
Range
Average Monthly Net Salary (After Tax)
$35.21 ₦50.0K
-
20-Year Fixed Mortgage Interest Rate (Annual %)
16.33
9
22

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

Last update: January 12, 2026

Akure Median Internet Speeds (Updated December 2025)

Mobile

Download
136
Mbps
Upload
17
Mbps
Latency
20
ms

Fixed Broadband

Download
58
Mbps
Upload
20
Mbps
Latency
24
ms
The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.
Digital Nomad Cost of Living Index
City tags:
Cost of Living in Akure - Frequently Asked Questions
Is Akure affordable for travelers, expats, and digital nomads, and how does it compare on value to bigger Nigerian cities?
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.
What should you know about daily life in Akure, from housing search to eating and getting around?
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.
What quality of life considerations and budgeting strategies help you settle in Akure and save, considering seasonality and neighborhood fit?
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.

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