Cost of Living in Ibadan, Oyo State, Price of Food, Rent, Transportation, Etc
Table of Contents
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.
Restaurants/Drinks
Meal in a cheap restaurant | N500 |
Meal for 2 People, Mid-range Restaurant, Three-course | N4,500 |
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 Coffee | N525 |
Cheeseburger (fastfood) | N900 |
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Transportation
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 |
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Rent Prices/Utilities
Apartment (1 bedroom) in City Centre | N162,000 |
Apartment (1 bedroom) Outside of Centre | N177,000 |
Apartment (3 bedrooms) in City Centre | N500,000 |
Apartment (3 bedrooms) Outside of Centre | N300,000 |
Charges (electricity, heating, water, garbage) for an 85m2 apartment | N10,000 |
1 min. of prepaid mobile local tariff (No discounts or plans) | N30 |
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | N15,000 |
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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 Shoes | N17,000 |
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Childcare prices
Preschool (or Kindergarten), Private, Monthly for 1 Child | N29,000 |
International Primary School, Yearly for 1 Child | N1,800,000 |
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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 |
Conclusion
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.