Cost of Living in Akure, Ondo State, Price of Food, Transportation, Rent, Etc
Table of Contents
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 Restaurant | N 600 |
| Meal for 2 People, Mid-range Restaurant, Three-course | N 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 Centre | N 116,666 |
| Apartment (1 bedroom) Outside of Centre | N 95,000 |
| Apartment (3 bedrooms) in City Centre | N 340,740 |
| Apartment (3 bedrooms) Outside of Centre | N 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 Apartment | N 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 Shoes | N 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 Child | N 29,053 |
| International Primary School, Yearly for 1 Child | N 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.
