Cost of Living in Ibadan, Oyo State, Price of Food, Rent, Transportation, Etc


Cost of Living in Ibadan, Oyo State, Price of Food, Rent, Transportation, Etc

Ibadan is the capital and most populous city of Oyo State in Nigeria. Located in Nigeria’s southwestern region, Ibadan is 128 kilometres (80 miles) inland to the northeast of Lagos and 530 kilometres (330 miles) southwest of Abuja, the federal capital. It is a significant transit hub, connecting the coastal area with the country’s inland regions.

OYO is a hospitality brand committed to offering affordable and comfortable accommodations accessible to everyone. It ranks among the top 7% of the world’s most budget-friendly cities. Within the state, one of the notable tourist attractions is the Ibadan University Zoo. In this article, we will provide a list of items along with their prices.


Meal in a cheap restaurantN500
Meal for 2 People, Mid-range Restaurant, Three-courseN4,500
McMeal at McDonalds (or Equivalent Combo Meal)N3,000
Domestic Beer (0.5 litre draught)N300
Imported Beer (0.33-liter bottle)N663
Coke/Pepsi (0.33 litre bottle)N144
Water (0.33 litre bottle)N98
Cappuccino (regular)N750
Espresso CoffeeN525
Cheeseburger (fastfood)N900

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


One-way Ticket (Local Transport)N150
Monthly Pass (Regular Price)N15,000
Gasoline (1 liter)N617
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)N5,000,000
Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car)N6,000,000
Taxi starting price (normal tariff)N275
Taxi 1km (Normal Tariff)N250
Taxi 1 hour waiting (normal tariff)N1,500

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

Rent Prices/Utilities

Apartment (1 bedroom) in City CentreN162,000
Apartment (1 bedroom) Outside of CentreN177,000
Apartment (3 bedrooms) in City CentreN500,000
Apartment (3 bedrooms) Outside of CentreN300,000
Charges (electricity, heating, water, garbage) for an 85m2 apartmentN10,000
1 min. of prepaid mobile local tariff (No discounts or plans)N30
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)N15,000

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

Clothing And Shoes

1 Pair of Jeans (Levis 501 Or Similar)N7,700
1 Summer Dress in a Chain Store (Zara, H&M,…)N11,000
1 Pair of Nike Running Shoes (Mid-Range)N14,000
1 Pair of Men Leather Business ShoesN17,000

Also Check: Cost of Living in Ado Ekiti, Ekiti State, Price of Food, Rents, Transportation, Etc

Childcare prices

Preschool (or Kindergarten), Private, Monthly for 1 ChildN29,000
International Primary School, Yearly for 1 ChildN1,800,000

Also Read: Cost of Living in Benin City, Edo State, Price of Food, Transportation, Etc

Prices in supermarket

Milk (regular), (1 liter)N913
A loaf of fresh white bread (500g)N450
Eggs (regular) (12)N643
Local Cheese (1kg)N1,600
Water (1.5 liter bottle)N158
A bottle of wine (Mid-Range)N1,500
Pack of Cigarettes (Marlboro)N550
Chicken breasts (skinless and boneless) – (1kg)N1,900
Apples (1kg)N1,200
Oranges (1kg)N700
Potatoes (1kg)N708
Lettuce (1 head)N350
Rice (white) (1kg)N825
Tomato (1kg)N588
Bananas (1kg)N750
Onions (1kg)N600
Beef Round (1kg) (or Equivalent Back Leg Red Meat)N1,600
Pears (1kg)N1,400
Cucumber (1kg)N323
Perrier Water (small bottle 0,33l)N80
Sausages (1kg)N5,100
Cottage cheese (1kg)N1,300


Ibadan offers an appealing environment for both residents and explorers. The presence of the Ibadan University Zoo adds to its charm. Additionally, in terms of cost of living, Ibadan is characterized by affordability and a comfortable lifestyle. Please feel free to share any observations regarding price changes in the comment section.

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.


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Share post:



More like this

How to send Video Notes on WhatsApp: Checkout the best guide for Android and iOS Devices

How to send Video Notes on WhatsApp: Checkout the...

Glo Data Sharing 2024: How to Transfer Data on the Glo Network

Glo Data Sharing 2024: How to Transfer Data on...

Commercial Relationship Management Officer Needed at Wema Bank Plc; See the Several Locations to Apply

Commercial Relationship Management Officer Needed at Wema Bank Plc;...