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Nigeria, Ibadan
Overview
Country Full Name: The Federal Republic of Nigeria.Location: Nigeria is in Western Africa, bordering the Gulf of Guinea, between Benin and Cameroon.Country Climate: Varies; equatorial in south, tropical in centre, arid in north.Country Terrain: Southern lowlands merge into central hills and plateaus; mountains in southeast, plains in north.Major Languages: English (official), Yoruba, Ibo, Hausa.Major Religions: Islam, Christianity, indigenous beliefs.Population: 1.4 Mil (2012 est.).Country Economy: The economy of Nigeria is one of the fastest growing in the world but is struggling to leverage the country's vast wealth in fossil fuels in order to displace the crushing poverty that affects about 57 percent of its population. The oil sector provides 80% of GDP, 95% of foreign exchange earnings, and about 65% of government revenues.Currency: Nigerian Naira (NGN).Inflation: 7.4% (2011 est.).
Cost Of Living
The cost of living in Ibadan in Nigeria is very high compared to other places. The overall cost of living is determined using the prices for defined quantities of the same goods and services across 13 Basket Groups. Ibadan in Nigeria is currently ranked 85 overall out of 780 places (rank 1 is most expensive: rank 780 is least expensive). The cost of living rank for each of the 13 Basket Groups is as follows: Alcohol & Tobacco costs are very high compared to other places for items such as alcohol at a bar, beer, locally produced spirit, whiskey, wine (where alcohol is legally sold) and tobacco related products. There are 121 places that are more expensive, and 658 places that are less expensive for alcohol and or tobacco.Clothing costs are low compared to other places for items such as business suits, casual clothing, children's clothing, coats, evening wear, footwear, hats, shoe repairs and underwear. There are 525 places that are more expensive, and 254 places that are less expensive for clothing.Communication costs are very low compared to other places for various communication costs such as call charges, home telephone rental, internet connection, mobile data costs, mobile phone contract and service provider fees. There are 660 places that are more expensive, and 119 places that are less expensive for communication.Education costs are very high compared to other places for items such as creche / pre-school fees, primary school fees, high school fees and tertiary study fees. There are 48 places that are more expensive, and 731 places that are less expensive for education.Furniture & Appliance costs are very high compared to other places for items such as DVD player, fridge freezer, furniture, household equipment, iron, kettle, light bulbs, microwave, television, toaster, vacuum cleaner and washing machine. There are 14 places that are more expensive, and 765 places that are less expensive for furniture and appliances.Grocery costs are average compared to other places for items such as baby consumables, baked goods, baking, canned foods, cheese, cleaning materials, cleaning products, dairy, fresh fruits, fresh vegetables, fruit juices, meat, oil & vinegars, pet food, pre-prepared meals, sauces, seafood, snacks, soft drinks, spices & herbs. There are 380 places that are more expensive, and 399 places that are less expensive for groceries.Healthcare costs are very high compared to other places for general healthcare, general practitioner consultation rates, healthcare/medical insurance, hospital private ward daily rate and non-prescription medicine. There are 108 places that are more expensive, and 671 places that are less expensive for healthcare.Household Accommodation costs are very high compared to other places for items such as accommodation, apartment, flat, house, villa, rent, electricity, household fuels, household gas, water, and local property rates / residential taxes / levies. There are 43 places that are more expensive, and 736 places that are less expensive for household accommodation.Miscellaneous costs are very high compared to other places for items such as dry cleaning, general goods, general services, linen, magazines, maid, newspapers, office supplies, postage stamps and stationery. There are 63 places that are more expensive, and 716 places that are less expensive for miscellaneous items.Personal Care costs are very high compared to other places for items such as cosmetics, hair care, moisturizer, nappies, pain relief tablets, shampoo, soap, sun block, toilet paper and toothpaste. There are 77 places that are more expensive, and 702 places that are less expensive for personal care.Recreation and Culture costs are high compared to other places for items such as books, camera, cinema tickets, fitness/health club membership, sports goods and theatre tickets. There are 190 places that are more expensive, and 589 places that are less expensive for recreation and culture.Restaurants, Meals Out and Hotel costs are high compared to other places for items such as a business dinner, dinner at a family restaurant (non fast food), 4 star and 5 star hotel rates and take away meal (fast food). There are 195 places that are more expensive, and 584 places that are less expensive for restaurants, meals out and hotels.Transport costs are low compared to other places for items such as car hire purchase, car insurance, car lease, car maintenance, car rental, car service, diesel, petrol, tyres and public transport. There are 594 places that are more expensive, and 185 places that are less expensive for transport. Xpatulator.com data is updated quarterly. The latest update is as at 1 April 2012. Create a personalized cost of living comparison report using the calculators:Salary Purchasing Power Parity Calculator Cost of Living Index Calculator Cost of Living Allowance Calculator
