Cost of Living in Akure, Ondo State, Price of Food, Transportation, Rent, Etc

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Cost of Living in Akure, Ondo State, Price of Food, Transportation, Rent, Etc

Akure, situated in the southwestern region of Nigeria, serves as the capital and the largest city in Ondo State. According to the 2006 population census, the city had a population of 403,000, but it currently hosts a population of 774,000 residents.

Akure has been recognized as one of the most desirable places to reside in Nigeria. The cost of living is modest and within reach. Please consult the article for details on item prices, as well as rental rates, transportation costs, and more.

Restaurants

Meal, Inexpensive RestaurantN 600
Meal for 2 People, Mid-range Restaurant, Three-courseN 5,000
McMeal at McDonalds (or Equivalent Combo Meal)N 1,944
Domestic Beer (0.5 liter draught)N 282
Imported Beer (0.33 liter bottle)N 466
Coke/Pepsi (0.33 liter bottle)N 124
Water (0.33 liter bottle)N 74.69
Cappuccino (regular)N 540

Also Read: Cost of Living in Osogbo, Osun State, Price of Food, Rent, Transportation, Etc

Rent Per Month

Apartment (1 bedroom) in City CentreN 116,666
Apartment (1 bedroom) Outside of CentreN 95,000
Apartment (3 bedrooms) in City CentreN 340,740
Apartment (3 bedrooms) Outside of CentreN 190,740

Also See: Cost of Living in Ilorin, Kwara State, Price of Food, Rent, Transportation, Etc

Utilities (Monthly)

Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 ApartmentN 6,333
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)N 22.45
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)N 9,333

Related: Cost of Living in Asaba, Delta State, Price of Food, Rent, Transportation, Etc

Transportation

One-way Ticket (Local Transport)N 150
Monthly Pass (Regular Price)N 6,000
Gasoline (1 liter)N610
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)N 666,666
Taxi Start (Normal Tariff)N 300
Taxi 1km (Normal Tariff)N 97.22
Taxi 1hour Waiting (Normal Tariff)N 1,055
Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car)N 666,666

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

Clothing And Shoes

1 Pair of Jeans (Levis 501 Or Similar)N 6,074
1 Summer Dress in a Chain Store (Zara, H&M, …)N 9,491
1 Pair of Nike Running Shoes (Mid-Range)N 17,592
1 Pair of Men Leather Business ShoesN 18,777

Recommended: Cost of Living in Yola, Adamawa State, Price of Food, Rent, Transportation, Etc

Childcare prices

Preschool (or Kindergarten), Full Day, Private, Monthly for 1 ChildN 29,053
International Primary School, Yearly for 1 ChildN 498,888

Also See: Cost of Living in Jos, Plateau State, Price of Food, Transportation, Rent, Etc

Markets

Milk (regular), (1 litre)N 820
Loaf of Fresh White Bread (500g)N 280
Eggs (regular) (12)N 1,240
Local Cheese (1kg)N 211
Bottle of Wine (Mid-Range)N 1,448
Domestic Beer (0.5 liter bottle)N 217
Imported Beer (0.33 liter bottle)N 408
Cigarettes 20 Pack (Marlboro)N 311
Apples (1kg)N 1,341
Chicken Breasts (Boneless, Skinless), (1kg)N 1,538
Oranges (1kg)N 720
Potato (1kg)N 677
Lettuce (1 head)N 294
Rice (white), (1kg)N 956
Tomato (1kg)N 788
Banana (1kg)N 811
Onion (1kg)N 386
Beef Round (1kg) (or Equivalent Back Leg Red Meat)N 1,366

Conclusion

Akure is a favourable choice for residence due to its affordable cost of living. If there are any changes in the prices of the items mentioned above, please feel free to share them in the comment box.

Jael Okwuchukwu
Jael Okwuchukwu
I am Okwuchukwu Jael, a writer, educator, and musician from Enugu State. Teaching, both academic and musical, is a passion of mine, and I specialize as a Western pianist. Currently, I am employed as a blogger at Writer's King LTD, combining my love for writing and desire to share knowledge with a broader audience.

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