Cost of Living in Akure - Updated Prices & Insights

Solo nomad: Estimated monthly costs are $367 (excluding rent), and $656 including rent.
Family of 3: Estimated monthly costs are $899 (excluding rent), and $1,456 including rent.
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🍽 Eating Out
Cost
Range
Meal at Budget Restaurant
$1.5 ₦2,307
$0.81 ₦1,240
$4.67 ₦7,172
Three-Course Dinner for Two, Mid-Range
$17.54 ₦27K
$17.54 ₦27K
$102 ₦156.7K
Fast Food Meal (McDonalds, etc)
$5.24 ₦8,056
$4.44 ₦6,817
$9.83 ₦15.1K
Cappuccino
$2.15 ₦3,300
$0.99 ₦1,528
$3.97 ₦6,096
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$0.33 ₦514
$0.25 ₦382
$0.77 ₦1,176
Water (0.33 liter bottle)
$0.22 ₦339
$0.16 ₦242
$0.52 ₦807
Local Beer (0.5 liter draught)
$0.79 ₦1,209
$0.46 ₦708
$1.92 ₦2,950
Imported Beer (0.33 liter bottle)
$1.38 ₦2,115
$0.89 ₦1,365
$2.93 ₦4,499
🛒 Groceries & Markets
Cost
Range
Milk (1 liter)
$2.04 ₦3,132
$1.28 ₦1,963
$3.9 ₦5,993
White Bread (500g)
$0.98 ₦1,501
$0.39 ₦601
$1.95 ₦3,003
Rice (white) (1kg)
$2.25 ₦3,455
$1.01 ₦1,545
$3.88 ₦5,970
Eggs
$1.75 ₦2,683
$1.23 ₦1,892
$3.19 ₦4,901
Local Cheese (1kg)
$6.23 ₦9,578
$2.8 ₦4,308
$15.4 ₦23.7K
Chicken Fillets (1kg)
$4.21 ₦6,464
$2.83 ₦4,345
$6.61 ₦10.2K
Beef Round Steak (1kg)
$5.48 ₦8,419
$3.26 ₦5,011
$8.5 ₦13.1K
Apples (1kg)
$3.53 ₦5,426
$1.34 ₦2,056
$6.61 ₦10.2K
Banana (1kg)
$2.01 ₦3,090
$0.97 ₦1,493
$4.86 ₦7,463
Oranges (1kg)
$2.02 ₦3,098
$0.39 ₦595
$7.77 ₦11.9K
Tomato (1kg)
$1.62 ₦2,483
$0.61 ₦942
$3.88 ₦5,967
Potato (1kg)
$1.41 ₦2,166
$0.97 ₦1,494
$3.76 ₦5,781
Onion (1kg)
$1.81 ₦2,786
$0.97 ₦1,498
$3.25 ₦4,988
Lettuce (1 head)
$1.93 ₦2,972
$0.63 ₦970
$4.06 ₦6,232
Water (1.5 liter bottle)
$0.35 ₦542
$0.24 ₦366
$1.23 ₦1,891
Cigarettes 20 Pack (Marlboro, Camel)
$1.26 ₦1,938
$0.99 ₦1,514
$1.48 ₦2,271
Wine (Bottle)
$3.04 ₦4,666
$2.22 ₦3,410
$5.01 ₦7,702
Local Beer (0.5 liter bottle)
$0.65 ₦996
$0.37 ₦573
$0.85 ₦1,313
Imported Beer (0.33 liter bottle)
$0.87 ₦1,336
$0.49 ₦748
$1.44 ₦2,216
🚌 Getting Around
Cost
Range
One-way Ticket (Public Transport)
$0.27 ₦418
-
Taxi Start (Normal Tariff)
$1.24 ₦1,905
$0.57 ₦874
$1.67 ₦2,560
Taxi (Normal Tariff) (1km)
$2.15 ₦3,298
$1 ₦1,544
$2.65 ₦4,078
Taxi 1hour Waiting (Normal Tariff)
$4.8 ₦7,378
$2.89 ₦4,436
$6.64 ₦10.2K
Gasoline (1 liter)
$0.44 ₦676
$0.39 ₦603
$0.81 ₦1,250
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$20.1K ₦30.9M
$12.8K ₦19.7M
$24.7K ₦37.9M
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$20.2K ₦31.1M
$19K ₦29.3M
$26.6K ₦40.8M
🧾 Monthly Utilities & Internet
Cost
Range
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$21.17 ₦32.5K
$21.17 ₦32.5K
$78.6 ₦120.9K
SIM Card Monthly Plan (Calls and 10GB+ Data)
$9.91 ₦15.2K
$3.82 ₦5,870
$13.47 ₦20.7K
Internet (50+ Mbps, Unlimited Data)
$17.37 ₦26.7K
$17.37 ₦26.7K
$53.1 ₦81.6K
🎉 Sport & Entertainment
Cost
Range
Cinema Ticket
$6.19 ₦9,512
$5.39 ₦8,282
$7.6 ₦11.7K
🧸 Childcare & Education
Cost
Range
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$66 ₦101.4K
$38.83 ₦59.7K
$170 ₦262K
International Primary School, 1 Child (Yearly)
$2,284 ₦3.5M
$718 ₦1.1M
$4,312 ₦6.6M
👕👟 Clothing & Footwear
Cost
Range
Jeans (Levis 501 Or Similar)
$18.87 ₦29K
$12.45 ₦19.1K
$39.11 ₦60.1K
Summer Dress (H&M, Zara, etc)
$25.06 ₦38.5K
$11.47 ₦17.6K
$53.9 ₦82.9K
Sport Shoes (Adidas, Nike)
$65.4 ₦100.5K
$17.16 ₦26.4K
$131 ₦200.9K
Men's Leather Business Shoes
$56.9 ₦87.4K
$23.65 ₦36.4K
$116 ₦178K
🏠 Accommodation & Living
Cost
Range
1-bedroom Apartment, City Center (Monthly)
$393 ₦604K
-
1-bedroom Apartment, Outside City Center (Monthly)
$259 ₦398.3K
-
3-bedroom Apartment, City Center (Monthly)
$645 ₦990.7K
-
3-bedroom Apartment, Outside City Center (Monthly)
$523 ₦803.9K
-
💵 Salaries & Financials
Cost
Range
Average Monthly Net Salary (After Tax)
$104 ₦159.2K
-
20-Year Fixed Mortgage Interest Rate (Annual %)
16.33
9
22
Citycost data is based on AI and user input – minor inaccuracies may occur.
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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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