Ibadan, Oyo, Nigeria · Population 3,861,000
▲ +8% vs Nigeria average
| Expense | Estimated cost | Basis |
|---|---|---|
| Meal at an inexpensive restaurant | ₦6,361 ($4.10) | per meal |
| Three-course meal for two, mid-range | ₦25,445 ($16.42) | per meal |
| Cappuccino | ₦1,908 ($1.23) | each |
| Monthly groceries (single person) | ₦144,187 ($93.02) | per month |
| Monthly public transport pass | ₦23,324 ($15.05) | per month |
| Basic utilities for an 85m² apartment | ₦61,492 ($39.67) | per month |
| Internet (60 Mbps, unlimited) | ₦17,811 ($11.49) | per month |
| Fitness club membership | ₦17,811 ($11.49) | per month |
| Cinema ticket | ₦4,665 ($3.01) | each |
| One-bedroom apartment in city centre | ₦293,960 ($190) | per month |
| One-bedroom apartment outside centre | ₦204,494 ($132) | per month |
| Three-bedroom apartment in city centre | ₦613,482 ($396) | per month |
The estimated average net salary in Ibadan is ₦441,750 ($285) per month. To live comfortably — covering the full single-person budget of ₦628,574 ($406) with about 30% left over for savings — you would need a net income of roughly ₦817,146 ($527) per month.
Housing takes the largest share: rent for a one-bedroom outside the centre (₦204,494 ($132)) represents about 33% of the total single-person budget.
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₦628,574 ($406) / moIbadan is one of the key cities in Nigeria. The estimated monthly cost of living for a single person is ₦628,574 ($406), placing it above the national average. Housing represents the largest expense, with a one-bedroom apartment outside the city centre costing around ₦204,494 ($132) per month.
For families, the estimated budget rises to ₦1,467,579 ($947) per month, driven mainly by larger housing needs and increased food and transport spending. Couples can expect to spend approximately ₦1,126,613 ($727) monthly.
The average estimated net salary in Ibadan is ₦441,750 ($285). To maintain a comfortable lifestyle with room for savings, a single person typically needs a net income of at least ₦817,146 ($527) per month.