See The Top 10 Profitable Business Ideas to Start as a Student With Zero Capital

By

Jael Okwuchukwu

-

September 15, 2023

0

See The Top 10 Profitable Business Ideas to Start as a Student With Zero Capital

Table of Contents

Are you a student aspiring to launch your own business? Are you weary of relying on your parents for small sums of money that you could easily earn if you had an income-generating activity? Securing funds can often pose a challenge for students, and even when they do manage to gather some money, various expenses like course materials and other essentials tend to quickly deplete it, leaving them with little to spare.

I’m thrilled to share this concept with you. You can initiate the following ventures without capital investment or engage in any business endeavour. Remarkably, you can transform it into a sustainable source of income while you navigate your academic journey. Explore the article and liberate yourself from financial constraints in your wallet and at mealtime.

Top 10 Profitable Business Ideas to Start as a Student With Zero Capital

1. Freelance writing

Are you a skilled wordsmith with a passion for crafting articles and blog posts? You can sign up as a freelance writer on a freelance platform and access writing assignments from around the globe. You can effectively work from the comfort of your home, setting your convenient schedule. Numerous websites and blogs are always on the lookout for talented writers. All that’s required is a reliable internet connection and a quality laptop.

Also See: Best Freelancing Skills – See The Top 9 And Tips to Achieve Freelancing Success

2. Graphic design

Graphic design is crucial in developing websites, logos, banners, and more. You can also seek opportunities to design cards and brochures. All it takes are graphic design skills, a computer, and a passion for creativity.

3. Hairdresser business

The hairdressing industry is thriving in student-centric areas. You must possess the necessary skills and proficiency to excel in this field. If hairstyling has always been your passion, you can dedicate your spare time to becoming a skilled hairdresser.

It doesn’t have to be a full-time occupation; you can cater to clients during your free hours and supplement your income as a student. Additionally, leveraging social media to promote your services can help you attract a larger clientele.

Also Read: Hard Skills – Meaning Of Hard Skill and Top 10 Examples Of Hard Skill

4. Manicure and pedicure business

You can’t convince me that your finances will be tight if you have a notion about starting a manicure and pedicure venture. The only crucial necessities for this kind of enterprise are nail technician essentials, including a nail file kit, nail polish, and nail cleanser.

5. Blogging

Blogging is among the sought-after tech skills that people eagerly desire. It entails acquiring the necessary expertise and sharing your passions, whether it’s about school experiences, travel adventures, love stories, etc. Before you start generating income, you must familiarize yourself with some of the challenges associated with the blogging industry.

6. Home-based editing business

Home-based editing presents a lucrative online opportunity in Nigeria. Launching a home-based editing venture could be a rewarding choice if you excel at identifying issues in written content.

To become an editor, formal educational qualifications aren’t mandatory; nevertheless, a thorough grasp of language, punctuation, spelling, grammar, and writing style is essential. Equipped with a personal computer, you can manage various editing tasks.

7. Photography

To become a photographer, all required is a top-notch professional camera and a keen eye for capturing captivating moments. If your photography skills are exceptional, there’s a significant opportunity for you to grab the attention of potential clients. Additionally, you can showcase your photos on stock websites to earn supplementary income.

Also Check: PHOTOGRAPHY TIPS -10 Simple tips to that amazing photography

8. Cleaning service

Launching a cleaning service can be a perfect fit if you are a meticulous and organized individual with a keen eye for small details. Many individuals seek the services of cleaning professionals when preparing to move into a new residence, requiring a thorough cleanup. You can also promote your services by establishing a social media presence.

9. Baking cakes and pastries

If you’ve always been passionate about baking cakes and pastries, you can elevate it to the next level. Baking is among Nigeria’s excellent home-based business opportunities that you can pursue from the convenience of your own home. You can also increase sales by promoting your cakes and pastries on social media.

10. Bead making

Using beads, you can craft various creative items such as bracelets, handbags, earrings, and more, which you can offer for sale to your friends.

Conclusion

With the list provided above, you do no need to continue being a financially struggling student. The comment section allows any entrepreneurial expert to share additional profitable business ideas for students.

Maiduguri vs. Kano – Cost of living comparison, Nigeria

By

Jael Okwuchukwu

-

September 15, 2023

0

Maiduguri vs. Kano – Cost of living comparison, Nigeria

Table of Contents

It’s important to highlight that both states provide an economically advantageous and conducive living environment. This article will compare prices in these areas, focusing on rental rates, food expenses, transportation costs, and other crucial factors.

Both of these states are situated in the northern part of Nigeria. Maiduguri serves as the capital and the most densely populated urban hub of Borno State, located in the northeastern region of Nigeria on the African continent. Conversely, Kano is a vibrant and bustling city with a population of 2.8 million, making it one of Nigeria’s largest cities.

Also See: Gombe vs. Plateau – Cost of living comparison, Nigeria

Cost of Living in Maiduguri, Borno state

Maiduguri serves as the capital and the most densely populated urban hub within Borno State, located in the northeastern region of Nigeria on the African continent. The city is adjacent to the temporary Ngadda River, which gradually merges into the Firki swamps surrounding Lake Chad. Maiduguri’s history dates back to its establishment in 1907, when it served as a military post during the colonial era under British Empire rule.

Residing in Maiduguri is characterized by its affordability, as exemplified by some key figures:

Also Read: Enugu vs. Anambra – Cost of Living Comparison, Nigeria

Rental Rates: For instance, a one-bedroom apartment in the city centre is priced at ₦250,300, while a three-bedroom apartment in the same area costs ₦700,700.
Utility Costs: Essential utilities, including electricity, heating, water, and garbage collection, for an 85-square-meter apartment amount to ₦8,600. The local prepaid mobile tariff, without discounts or plans, is ₦16.

Cost of Living in Kano State

Kano, situated in Western Africa, is a bustling and vibrant urban center boasting a population of 2.8 million residents, making it one of the largest cities in Nigeria.

While Kano can be considered budget-friendly for specific individuals, it also presents certain costly aspects. Kano is capacity to provide cost-effective food production with minimal investment requirements distinguishes it. Here are the key details:

Rental Rates: For instance, a one-bedroom apartment in the city centre is priced at ₦150,000, while a three-bedroom apartment in the same area costs ₦500,000.
Utility Expenses: Basic utility costs, encompassing electricity, heating, water, and waste disposal, for an 85-square-meter apartment amount to ₦6,000. Additionally, the local prepaid mobile tariff, without discounts or plans, stands at ₦14.

Comparison

Both states offer favourable and cost-effective living conditions, albeit with slight variations. It’s worth noting that prices in Maiduguri are somewhat higher than those in Kano. However, other factors such as employment opportunities, education, and marriage prospects also significantly determine one’s choice between these two states.

Maiduguri vs. Kano – Cost of living comparison Table, 2023

Item	Maiduguri, Borno State (NGN)	Maiduguri, Borno State (USD)	Kano State, Kano (NGN)	Kano State, Kano (USD)
Restaurants
– Meal, Inexpensive Restaurant	₦600	$0.63	₦850	$0.89
– McMeal at McDonalds	₦2,200	$2.32	₦1,500	$1.58
– Coke/Pepsi (0.33 liter bottle)	₦200	$0.21	₦168	$0.18
– Domestic Beer (0.5 liter draught)	₦300	$0.32	₦300	$0.32
– Imported Beer (0.33 liter bottle)	₦500	$0.53	₦500	$0.53
– Water (0.33 liter bottle)	₦100	$0.11	₦150	$0.16
Rent
– Apartment (1 bedroom) in City Centre	₦250,300	$263.95	₦150,000	$157.89
– Apartment (1 bedroom) Outside of Centre	₦75,400	$79.37	₦75,000	$78.95
– Apartment (3 bedrooms) in City Centre	₦700,700	$737.89	₦500,000	$526.32
– Apartment (3 bedrooms) Outside of Centre	₦350,800	$369.26	₦150,000	$157.89
Transportation
– Gas / Petrol, 1 L	₦577	$0.61	₦617	$0.65
– Local transport ticket	₦250	$0.26	₦125	$0.13
– Monthly ticket for local transport	₦40,000	$42.11	₦16,000	$16.84
– Taxi Ride, 8 km or 5 mi	₦7,700	$8.11	Not Provided	Not Provided
Markets
– Beef Round (1kg)	₦1,400	$1.47	₦1,500	$1.58
– Onion (1kg)	₦700	$0.74	₦767	$0.81
– Banana (1kg)	₦760	$0.80	₦633	$0.67
– Rice, 1 kg or 2.2 lb	₦400	$0.42	₦1,000	$1.05
– Tomato (1kg)	₦350	$0.37	₦433	$0.46
– Lettuce (1 head)	₦300	$0.32	₦135	$0.14
– Potato (1kg)	₦750	$0.79	₦833	$0.88
– Oranges, 1 kg	₦200	$0.21	₦467	$0.49
– Chicken Breast, 1 kg	₦1,600	$1.68	Not Provided	Not Provided
– Apples, 1 kg	₦1,900	$2.00	₦2,000	$2.11
– Cigarettes 20 Pack (Marlboro)	₦350	$0.37	₦200	$0.21
– Bottle of Wine	₦1,500	$1.58	₦1,300	$1.37
– Bread	₦500	$0.53	Not Provided	Not Provided
– Eggs, by 12	₦1,400	$1.47	₦705	$0.74
– Cheese, 1 kg	₦3,000	$3.16	Not Provided	Not Provided
– Milk, 1 L or 1 qt	₦1,200	$1.26	₦1,200	$1.26
– Water (1.5 liter bottle)	₦200	$0.21	₦190	$0.20
Childcare prices
– Preschool (or Kindergarten), Private, Monthly for 1 Child	₦37,000	$38.95	₦17,000	$17.89
– International Primary School, Yearly for 1 Child	₦1,112,000	$1,169.47	Not Provided	Not Provided
Utilities
– Charges (electricity, heating, water, garbage) for an 85m2 apartment	₦8,600	$9.05	₦6,000	$6.32
– 1 min. of prepaid mobile local tariff (No discounts or plans)	₦16	$0.02	₦14	$0.01
– Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	₦13,000	$13.68	₦8,500	$8.95
Clothing And Shoes
– 1 Pair of Jeans (Levis 501 Or Similar)	₦7,300	$7.68	₦5,000	$5.26
– 1 Summer Dress in a Chain Store (Zara, H&M,…)	₦13,000	$13.68	₦8,000	$8.42
– 1 Pair of Nike Running Shoes (Mid-Range)	₦20,000	$21.05	₦17,000	$17.89
– 1 Pair of Men Leather Business Shoes	₦28,000	$29.47	₦22,000	$23.16

Please note that the rates were converted using a USD/NGN exchange rate of 1 USD = 950 NGN as of 15th September 2023 (using Abokifx).

Conclusion

Upon examining the table, it’s clear that both states provide very advantageous living conditions. Furthermore, it’s noteworthy that Maiduguri emerges as the more budget-friendly choice. Nevertheless, it’s crucial to take into account a range of factors, including individual preferences, job prospects, educational factors, and more.

Gombe vs. Plateau – Cost of living comparison, Nigeria

By

Jael Okwuchukwu

-

September 15, 2023

0

Gombe vs. Plateau – Cost of living comparison, Nigeria

Table of Contents

It’s worth emphasizing that both states offer a cost-effective and favourable living environment. This article will compare prices in these regions, focusing on rental rates, food expenditures, transportation costs, and other essential factors.

Both states are located in the northern region of the country. Gombe serves as the capital city of Gombe State, situated in northeastern Nigeria. Meanwhile, Jos holds the position of the capital city of Plateau State, which is also located in the northern region, albeit more towards the central-northern area of the country.

Also See: Enugu vs. Anambra – Cost of Living Comparison, Nigeria

Cost of Living in Gombe State

Gombe State, positioned in the northeastern region of Nigeria, shares its borders with Borno and Yobe to the north and northeast, Taraba to the south, Adamawa to the southeast, and Bauchi to the west.

Gombe State presents substantial opportunities for economic development. Here are some noteworthy statistics:

Monthly Rent: A one-bedroom apartment in the city center is priced at ₦100,000, while a three-bedroom apartment in the city center costs ₦250,000.

Childcare: For private full-day preschool or kindergarten services for one child, the monthly fee is ₦50,000.

Also Read: Ebonyi vs. Abia – Cost of living comparison in Nigeria

Gombe vs. Plateau - Cost of living comparison, Nigeria

Cost of Living in Plateau State

Plateau State, positioned in the heart of Nigeria, ranks as the country’s twelfth-largest state. Its landscape is characterized by hills encircling its capital, Jos Plateau, and the plateau itself.

Despite fluctuations in prices over the past year, it’s important to highlight that the cost of living in Plateau State remains affordable. Here’s a noteworthy pricing detail:

Monthly Rental Costs: A one-bedroom apartment in the city centre is available for ₦300,000, while a three-bedroom apartment in the city centre is priced at ₦500,000.

Childcare: For private full-day preschool or kindergarten services for one child, the monthly fee is ₦17,000.

Also Read: Cost of Living in Gusau, Zamfara State, Price of Food, Rent, Transportation, Etc

Comparison

Both states offer favourable living conditions that are also affordable. Notably, Gombe State typically maintains a lower cost of living than Plateau State, making it the more cost-effective choice.

Nevertheless, it remains crucial to consider additional factors such as employment prospects, personal lifestyle preferences, and individual circumstances when deciding where to reside.

Also Check: Cost of Living in Ogun State, Abeokuta, Price of Food, Rent, Transportation, Etc

Gombe vs. Plateau – Cost of living comparison Table, 2023

Item Description	Gombe, Gombe State (NGN)	Gombe, Gombe State (USD)	Jos, Plateau State (NGN)	Jos, Plateau State (USD)
Restaurants/Drinks
Meal, Inexpensive Restaurant	₦588	$0.62	₦700	$0.74
Meal for 2 People, Mid-range Restaurant, Three-course	₦5,333	$5.62	₦4,000	$4.21
McMeal at McDonalds (or Equivalent Combo Meal)	₦2,000	$2.11	₦2,000	$2.11
Domestic Beer (0.5 liter draught)	₦305	$0.32	₦350	$0.37
Imported Beer (0.33 liter bottle)	₦383	$0.40	₦500	$0.53
Coke/Pepsi (0.33 liter bottle)	₦150	$0.16	₦168	$0.18
Water (0.33 liter bottle)	₦116	$0.12	₦107	$0.11
Cappuccino (regular)	₦1,000	$1.05	₦1,000	$1.05
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)	₦5,000	$5.26	N/A	N/A
1 Summer Dress in a Chain Store (Zara, H&M, …)	₦5,000	$5.26	N/A	N/A
1 Pair of Nike Running Shoes (Mid-Range)	₦15,000	$15.79	N/A	N/A
1 Pair of Men Leather Business Shoes	₦15,000	$15.79	N/A	N/A
Rent Per Month
Apartment (1 bedroom) in City Centre	₦100,000	$105.26	₦300,000	$315.79
Apartment (1 bedroom) Outside of Centre	₦100,000	$105.26	₦200,000	$210.53
Apartment (3 bedrooms) in City Centre	₦250,000	$263.16	₦500,000	$526.32
Apartment (3 bedrooms) Outside of Centre	₦216,666	$227.54	₦300,000	$315.79
Markets
Milk (regular), (1 liter)	₦1,100	$1.16	₦1,200	$1.26
Loaf of Fresh White Bread (500g)	₦305	$0.32	₦375	$0.39
Eggs (regular) (12)	₦720	$0.76	₦705	$0.74
Local Cheese (1kg)	N/A	N/A	N/A	N/A
Water (1.5 liter bottle)	₦150	$0.16	₦200	$0.21
Bottle of Wine (Mid-Range)	₦2,100	$2.21	₦1,700	$1.79
Domestic Beer (0.5 liter bottle)	₦275	$0.29	₦275	$0.29
Imported Beer (0.33 liter bottle)	₦400	$0.42	₦500	$0.53
Cigarettes 20 Pack (Marlboro)	₦200	$0.21	N/A	N/A
Apples (1kg)	₦800	$0.84	₦2,000	$2.11
Chicken Breasts (Boneless, Skinless), (1kg)	₦1,250	$1.32	₦1,200	$1.26
Oranges (1kg)	₦650	$0.68	₦467	$0.49
Potato (1kg)	₦950	$1.00	₦833	$0.88
Lettuce (1 head)	₦100	$0.11	₦100	$0.11
Rice (white), (1kg)	₦750	$0.79	₦750	$0.79
Tomato (1kg)	₦700	$0.74	₦433	$0.46
Banana (1kg)	₦400	$0.42	₦633	$0.67
Onion (1kg)	₦650	$0.68	₦767	$0.81
Beef Round (1kg) (or Equivalent Back Leg Red Meat)	₦1,633	$1.72	₦1,700	$1.79
Water (0.33 liter bottle)	₦116	$0.12	₦107	$0.11
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child	₦50,000	$52.63	₦17,000	$17.89
International Primary School, Yearly for 1 Child	₦200,000	$210.53	N/A	N/A

Please note that the rates were converted using a USD/NGN exchange rate of 1 USD = 950 NGN as of 15th September 2023 (using Abokifx).

Conclusion

After reviewing the table, it becomes evident that both states offer highly favourable living conditions. Additionally, it’s worth highlighting that Gombe is the more cost-effective option. However, it’s essential to consider various factors like personal preferences, employment opportunities, educational considerations, etc.

Enugu vs. Anambra – Cost of Living Comparison, Nigeria

By

Jael Okwuchukwu

-

September 14, 2023

0

Enugu vs. Anambra – Cost of Living Comparison, Nigeria

Table of Contents

Determine which of the two states offers the most affordable cost of living. It’s important to note that both states provide a budget-friendly and advantageous living environment. This article will compare prices in these states, emphasizing rent, food costs, transportation expenses, and more.

These two states are located in the southeastern region of Nigeria but showcase unique economic characteristics. We will evaluate the cost-effectiveness and accessibility of various goods and services in these states to help readers make informed decisions about their potential place of residence.

Cost of Living in Enugu State

Enugu state, commonly known as the ‘coal city,’ is in the country’s southeastern region and celebrated for its agricultural endeavours. It’s worth highlighting that living in this state is exceptionally cost-effective. Notable figures include:

Rent for a one-bedroom apartment in the city centre stands at ₦49,928 per month, while a three-bedroom apartment commands ₦175,772 monthly.
For groceries, a single loaf of bread is available at ₦874, and 1kg of rice is priced at ₦750.

Enugu vs. Anambra - Cost of Living Comparison, Nigeria

Also See: Ebonyi vs. Abia – Cost of living comparison in Nigeria

Cost of Living in Anambra State

Anambra is rich in natural gas reserves, crude oil, bauxite, and ceramic materials. The area possesses soil that is highly conducive to cultivation. It’s also noteworthy that the cost of living in Anambra is quite advantageous. Notable figures include:

Transportation: A taxi for a 1 km ride at standard rates costs ₦266.
Restaurants: A meal at an affordable restaurant is priced at ₦2,185.
Monthly Rent: The monthly rent for a one-bedroom apartment in the city centre is ₦323,400.

Also See: Cost of Living in Kogi State, Lokoja, Price of Food, Rent, Transportation, Etc

Comparison

Both states provide an attractive cost of living, although Anambra has somewhat higher housing expenses, whereas Enugu presents more affordable choices for renting.

Also Check: Cost of Living in Gusau, Zamfara State, Price of Food, Rent, Transportation, Etc

Enugu vs. Anambra – Cost of Living Comparison,Table, Year 2023

Item Description	Enugu State Prices (in NGN)	Enugu State Prices (in USD)	Anambra State Prices (in NGN)	Anambra State Prices (in USD)
Restaurants/Drinks
Meal in Inexpensive Restaurant	₦1,243	$1.31	₦2,185	$2.30
Meal for 2 People, Mid-range Restaurant, Three-course	₦9,988	$10.51	₦18,620	$19.60
McMeal at McDonald’s or Alternative Combo Meal	₦4,122	$4.34	₦4,976	$5.24
Domestic Beer, 0.5-litre Draught	₦750	$0.79	₦893	$0.94
Cappuccino	₦750	$0.79	₦2,213	$2.33
Coca-Cola, 0.33 litre Bottle	₦352	$0.37	₦294	$0.31
Imported Beer, 0.33 litre Bottle	₦2,083	$2.19	N/A	N/A
Markets
Imported Beer, 0.33 litre Bottle	₦1,755	$1.84	N/A	N/A
Water, 0.33 litre Bottle	₦219	$0.23	₦247	$0.26
Milk, Regular, 1 liter	₦1,871	$1.97	₦1,674	$1.76
Loaf of Fresh White Bread, 0.5 kg	₦874	$0.92	₦788	$0.83
White Rice, 1 kg	₦750	$0.79	₦1,150	$1.21
Eggs, 12 pack	₦1,169	$1.23	₦1,300	$1.37
Local Cheese, 1 kg	₦8,740	$9.20	₦6,370	$6.71
Chicken Breasts, Boneless and Skinless, 1 kg	₦3,000	$3.15	₦2,900	$3.06
Beef Round or Equivalent Back Leg Red Meat, 1 kg	₦3,500	$3.68	₦2,790	$2.94
Apples, 1 kg	₦6,244	$6.57	₦1,995	$2.10
Banana, 1 kg	₦1,871	$1.97	₦1,388	$1.46
Oranges, 1 kg	₦2,660	$2.80	₦1,056	$1.11
Tomato, 1 kg	₦1,995	$2.10	₦1,093	$1.15
Potato, 1 kg	₦1,499	$1.58	₦903	$0.95
Onion, 1 kg	₦1,121	$1.18	₦684	$0.72
Lettuce, 1 head	₦750	$0.79	N/A	N/A
Water, 1.5 liter Bottle	₦275	$0.29	N/A	N/A
Bottle of Wine, Mid-Range Price	₦2,248	$2.37	₦2,318	$2.43
Domestic Beer, 0.5 liter Bottle	₦427	$0.45	₦598	$0.63
Pack of Cigarettes	₦1,121	$1.18	₦826	$0.87
Transportation
Taxi, price for 1 km, Normal Tariff	₦247	$0.26	₦266	$0.28
Taxi, price for 1 hour Waiting, Normal Tariff	₦2,987	$3.15	N/A	N/A
Gasoline, 1 liter	₦361	$0.38	₦256	$0.27
Utilities Per Month
Basic utilities for 85m2 Apartment	₦18,313	$19.27	N/A	N/A
Prepaid Mobile Tariff Local, price per 1 min	₦19	$0.02	N/A	N/A
Internet, 60 Mbps or More, Unlimited Data, Cable/ADSL	₦28,582	$30.09	₦20,140	$21.2
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult	₦17,480	$18.40	₦29,835	$31.3
Salaries And Financing
Cinema ticket, 1 Seat	₦3,745	$3.94	₦3,695	$3.89
Average Monthly Net Salary, After Tax	₦124,838	$131.41	N/A	N/A
Mortgage Interest Rate in Percentages for 20 Years Fixed-Rate	19.5%	18.36%	N/A	N/A
Childcare
Private Preschool or Kindergarten, Monthly for 1 Child	₦104,025	$109.50	₦106,800	$112
International Primary School, Yearly for 1 Child	₦5,326,300	$5,606.63	₦1,861,050	$1959
Clothing And Shoes
Pair of Jeans in a Chain Store Like George, H&M, Zara, etc.	₦10,011	$10.51	N/A	N/A
Summer Dress in a Chain Store Like George, H&M, Zara, etc.	₦22,048	$23.21	N/A	N/A
Pair of Running Shoes, Mid-Range Price	₦39,108	$41.17	₦33,915	$35.7
Pair of Leather Business Shoes	₦104,025	$109.50	N/A	N/A
Rent Per Month
One bedroom apartment in city centre	₦49,928	$52.56	₦323,400	$340
One bedroom apartment outside of city centre	₦24,963	$26.28	₦320,150	$337
Three bedroom apartment in city centre	₦175,772	$183.97	₦752,400	$792
Three bedroom apartment outside of city centre	₦49,928	$52.56	₦752,400	$792

Please note that the rates were converted using a USD/NGN exchange rate of 1 USD = 950 NGN as of 14th September 2023 (using Abokifx).

Conclusion

Both states are highly affordable, with Anambra’s cost of living being somewhat higher, while Enugu‘s is more advantageous. However, the choice ultimately depends on individual preferences. Please feel free to share any price changes in the comment section.

Ebonyi vs. Abia – Cost of living comparison in Nigeria

By

Jael Okwuchukwu

-

September 14, 2023

0

Ebonyi vs. Abia – Cost of living comparison in Nigeria

Table of Contents

How extensively have you explored options for finding a more budget-friendly or favorable residence location? This article will provide information about the cost of living in two Nigerian states, Ebonyi and Abia, emphasising rent, food prices, transportation costs, and more.

These two states are situated in the southeastern region of Nigeria but exhibit distinctive economic attributes. We will assess the cost-effectiveness and ease of access to different products and services in these states to assist readers in making well-informed choices regarding their potential residence.

Cost of Living in Ebonyi State

Ebonyi state is renowned for its abundant mineral resources, including lead, limestone, zinc, and marble. It’s important to note that the cost of living in this state is highly economical. Key statistics include:

Rent for a one-bedroom apartment in the city centre is priced at NGN 190,000 monthly, while a three-bedroom apartment costs NGN 375,000 monthly.
The average monthly net salary, post-tax, amounts to NGN 60,000.
Regarding groceries, a loaf of bread is priced at NGN 500, and 1kg of rice costs NGN 1,200.
For local transportation, a one-way ticket costs a mere NGN 100.

Cost of Living in Abia State (Aba)

Aba, in Abia State, is a prominent commercial hub in southeastern Nigeria. While it offers affordability, it’s known for providing reduced-quality goods. Key data points include:

Rent & Utilities: A 1-bedroom apartment in the city centre costs $232, and utility bills for one person are $17.1.
Transportation: A local transport ticket is just $0.26.
Groceries: Prices are remarkably low, with items like 1kg of rice at $2.04 and a loaf of bread at $1.02.

Also See: Cost of Living in Kogi State, Lokoja, Price of Food, Rent, Transportation, Etc

Comparison

Both states offer affordable living, but Abia State, specifically Aba, stands out for its low-cost goods and services. It’s a hotspot for budget-conscious shoppers. However, Ebonyi State provides competitive living costs and a slightly higher average monthly net salary.

Also Read: Cost of Living in Gusau, Zamfara State, Price of Food, Rent, Transportation, Etc

Ebonyi vs Abia – Cost of living comparison Table, Year 2023

Category	Ebonyi State, Nigeria (NGN)	Aba, Abia State, Nigeria (NGN)
Rent Per Month
Apartment (1 bedroom) in City Centre	190,000 (USD 200)	232,000 (USD 244)
Apartment (1 bedroom) Outside of Centre	155,000 (USD 163)	140,000 (USD 147)
Apartment (3 bedrooms) in City Centre	375,000 (USD 395)	385,000 (USD 405)
Apartment (3 bedrooms) Outside of Centre	260,000 (USD 274)	234,000 (USD 246)
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment	6,666.67 (USD 7.02)	17,100 (USD 18)
Internet plan	Not specified in NGN	18,900 (USD 19.89)
Markets
Loaf of Fresh White Bread (500g)	500 (USD 0.53)	Not specified in NGN
Eggs (regular) (12)	1,200 (USD 1.26)	1,155 (USD 1.21)
Water (1.5 liter bottle)	200 (USD 0.21)	323 (USD 0.34)
Bottle of Wine (Mid-Range)	1,500 (USD 1.58)	4,500 (USD 4.74)
Domestic Beer (0.5 liter bottle)	200 (USD 0.21)	608 (USD 0.64)
Imported Beer (0.33 liter bottle)	250 (USD 0.26)	Not specified in NGN
Cigarettes 20 Pack (Marlboro)	200 (USD 0.21)	866 (USD 0.91)
Apples (1kg)	2,500 (USD 2.63)	2,560 (USD 2.69)
Chicken Breasts (Boneless, Skinless), (1kg)	2,500 (USD 2.63)	2,560 (USD 2.69)
Oranges (1kg)	700 (USD 0.74)	997.5 (USD 1.05)
Potato (1kg)	800 (USD 0.84)	608 (USD 0.64)
Rice (white), (1kg)	1,200 (USD 1.26)	1,941 (USD 2.04)
Tomato (1kg)	1,000 (USD 1.05)	247.5 (USD 0.26)
Onion (1kg)	600 (USD 0.63)	247.5 (USD 0.26)
Beef Round (1kg) (or Equivalent Back Leg Red Meat)	1,500 (USD 1.58)	2,584 (USD 2.72)
Transportation
One-way Ticket (Local Transport)	100 (USD 0.11)	247.5 (USD 0.26)
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)	999,999.99 (USD 1,052)	Not specified in NGN
Taxi 1km (Normal Tariff)	50 (USD 0.05)	2,205 (USD 2.32)
Taxi 1hour Waiting (Normal Tariff)	1,500 (USD 1.58)	Not specified in NGN
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)	5,000 (USD 5.26)	Not specified in NGN
1 Summer Dress in a Chain Store	7,000 (USD 7.37)	Not specified in NGN
1 Pair of Nike Running Shoes (Mid-Range)	15,000 (USD 15.79)	Not specified in NGN
1 Pair of Men Leather Business Shoes	19,500 (USD 20.53)	Not specified in NGN
Restaurants
Meal, Inexpensive Restaurant	300 (USD 0.32)	2,445 (USD 2.57)
Domestic Beer (0.5 liter draught)	250 (USD 0.26)	703 (USD 0.74)
Imported Beer (0.33 liter bottle)	700 (USD 0.74)	Not specified in NGN
Coke/Pepsi (0.33 liter bottle)	200 (USD 0.21)	180.5 (USD 0.19)
Water (0.33 liter bottle)	150 (USD 0.16)	Not specified in NGN
Cappuccino (regular)	1,500 (USD 1.58)	940.5 (USD 0.99)
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult	5,000 (USD 5.26)	6,117.5 (USD 6.44)
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child	19,000 (USD 20)	Not specified in NGN
Others
Gym Membership, 1 month	5,000 (USD 5.26)	6,117.5 (USD 6.44)
Cinema Ticket, 1 person	Not specified in NGN	4,916 (USD 5.18)
Doctor’s visit	Not specified in NGN	19,095 (USD 20.1)
Haircut, simple	Not specified in NGN	1,556 (USD 1.64)
Brand Jeans	Not specified in NGN	9,690 (USD 10.2)
Brand Sneakers	Not specified in NGN	35,951 (USD 37.9)

Please note that the rates were converted using a USD/NGN exchange rate of 1 USD = 950 NGN as of 14th September 2023 (using Abokifx).

Conclusion

Both Ebonyi and Abia states offer highly affordable living options. Ebonyi stands out for its affordability and abundant resources, while Aba, located in Abia State, is known for its affordability in terms of goods and services.

The decision between these two options hinges on individual preferences and priorities. If there are any price alterations within both states, kindly utilize the comment box to make note of them.

Cost of Living in Kogi State, Lokoja, Price of Food, Rent, Transportation, Etc

By

Jael Okwuchukwu

-

September 13, 2023

0

Cost of Living in Kogi State, Lokoja, Price of Food, Rent, Transportation, Etc

Table of Contents

Lokoja, situated in Nigeria, is positioned at the meeting point of the Niger and Benue rivers and serves as the capital of Kogi State. Anticipated to be among the third fastest-growing cities in Africa from 2020 to 2025, experiencing a growth rate of 5.93%, it was classified as a second-class township according to the 1917 township ordinance under colonial administration.

Living costs in Lokoja are relatively low compared to other urban areas, making it affordable for residents. In this article, you’ll find a comprehensive list of items and their respective prices.

Restaurants

Meal, Inexpensive Restaurant	N 562.5
Meal for 2 People, Mid-range Restaurant, Three-course	N 2,000
McMeal at McDonalds (or Equivalent Combo Meal)	N 1,500
Domestic Beer (0.5 liter draught)	N 375
Imported Beer (0.33 liter bottle)	N 500
Coke/Pepsi (0.33 liter bottle)	N 135
Water (0.33 liter bottle)	N 112.5

Also Read: Cost of Living in Gusau, Zamfara State, Price of Food, Rent, Transportation, Etc

Rent Per Month

Apartment (1 bedroom) in City Centre	N 70,000
Apartment (1 bedroom) Outside of Centre	N 20,000
Apartment (3 bedrooms) Outside of Centre	N 80,000

Also See: Cost of Living in Ogun State, Abeokuta, Price of Food, Rent, Transportation, Etc

Prices in Supermarket

Milk (regular), (1 liter)	N 1,325
Loaf of Fresh White Bread (500g)	N 375
Eggs (regular) (12)	N 945
Water (1.5 liter bottle)	N 175
Bottle of Wine (Mid-Range)	N 650
Domestic Beer (0.5 liter bottle)	N 350
Cigarettes 20 Pack (Marlboro)	N 135
Apples (1kg)	N 1,000
Chicken Breasts (Boneless, Skinless), (1kg)	N 1,500
Oranges (1kg)	N 700

Potato (1kg)	N 1,500
Lettuce (1 head)	N 700
Rice (white), (1kg)	N 1,500
Tomato (1kg)	N 1,000
Banana (1kg)	N 500
Onion (1kg)	N 600
Beef Round (1kg) (or Equivalent Back Leg Red Meat)	N 500
Coke/Pepsi (0.33 liter bottle)	N 135

Also Check: Cost of Living in Sokoto, Sokoto State, Price of Food, Rent, Transportation, Etc

Transportation

One-way Ticket (Local Transport)	N 400
Gasoline (1 liter)	N610
Taxi Start (Normal Tariff)	N 500
Taxi 1hour Waiting (Normal Tariff)	N 2,000
Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car)	N 999,999

Clothing And Shoes

1 Pair of Jeans (Levis 501 Or Similar)	N 2,500
1 Pair of Nike Running Shoes (Mid-Range)	N 5,000

Conclusion

Living expenses in Lokoja are budget-friendly, and the housing options are advantageous. If there are any adjustments to the items’ prices, please use the comment section.

Example.NgExample NG: Nigeria\'s Information Hub

Example.NgExample NG: Nigeria\'s Information Hub

Example.NgExample NG: Nigeria\'s Information Hub

Example.NgExample NG: Nigeria\'s Information Hub

See The Top 10 Profitable Business Ideas to Start as a Student With Zero Capital

Top 10 Profitable Business Ideas to Start as a Student With Zero Capital

1. Freelance writing

2. Graphic design

3. Hairdresser business

4. Manicure and pedicure business

5. Blogging

6. Home-based editing business

8. Cleaning service

9. Baking cakes and pastries

10. Bead making

Conclusion

Maiduguri vs. Kano – Cost of living comparison, Nigeria

Cost of Living in Maiduguri, Borno state

Cost of Living in Kano State

Comparison

Maiduguri vs. Kano – Cost of living comparison Table, 2023

Conclusion

Gombe vs. Plateau – Cost of living comparison, Nigeria

Cost of Living in Gombe State

Cost of Living in Plateau State

Comparison

Gombe vs. Plateau – Cost of living comparison Table, 2023

Conclusion

Enugu vs. Anambra – Cost of Living Comparison, Nigeria

Cost of Living in Enugu State

Cost of Living in Anambra State

Comparison

Enugu vs. Anambra – Cost of Living Comparison,Table, Year 2023

Conclusion

Ebonyi vs. Abia – Cost of living comparison in Nigeria

Cost of Living in Ebonyi State

Cost of Living in Abia State (Aba)

Comparison

Ebonyi vs Abia – Cost of living comparison Table, Year 2023

Conclusion

Cost of Living in Kogi State, Lokoja, Price of Food, Rent, Transportation, Etc

Restaurants

Rent Per Month

Prices in Supermarket

Transportation

Clothing And Shoes

Conclusion

Example.NgExample NG: Nigeria\'s Information Hub

About Example NG

Site Links

The latest

Subscribe