Ipetu, Osun, Nigeria · Population 16,123
▼ -16% vs Nigeria average
| Expense | Estimated cost | Basis |
|---|---|---|
| Meal at an inexpensive restaurant | ₦5,022 ($3.24) | per meal |
| Three-course meal for two, mid-range | ₦20,088 ($12.96) | per meal |
| Cappuccino | ₦1,507 ($0.97) | each |
| Monthly groceries (single person) | ₦113,832 ($73.44) | per month |
| Monthly public transport pass | ₦18,414 ($11.88) | per month |
| Basic utilities for an 85m² apartment | ₦48,546 ($31.32) | per month |
| Internet (60 Mbps, unlimited) | ₦14,062 ($9.07) | per month |
| Fitness club membership | ₦14,062 ($9.07) | per month |
| Cinema ticket | ₦3,683 ($2.38) | each |
| One-bedroom apartment in city centre | ₦218,756 ($141) | per month |
| One-bedroom apartment outside centre | ₦152,178 ($98.18) | per month |
| Three-bedroom apartment in city centre | ₦456,535 ($295) | per month |
The estimated average net salary in Ipetu is ₦348,750 ($225) per month. To live comfortably — covering the full single-person budget of ₦486,978 ($314) with about 30% left over for savings — you would need a net income of roughly ₦633,072 ($408) per month.
Housing takes the largest share: rent for a one-bedroom outside the centre (₦152,178 ($98)) represents about 31% of the total single-person budget.
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₦628,574 ($406) / moIpetu is one of the key cities in Nigeria. The estimated monthly cost of living for a single person is ₦486,978 ($314), placing it below the national average. Housing represents the largest expense, with a one-bedroom apartment outside the city centre costing around ₦152,178 ($98) per month.
For families, the estimated budget rises to ₦1,130,822 ($730) per month, driven mainly by larger housing needs and increased food and transport spending. Couples can expect to spend approximately ₦870,092 ($561) monthly.
The average estimated net salary in Ipetu is ₦348,750 ($225). To maintain a comfortable lifestyle with room for savings, a single person typically needs a net income of at least ₦633,072 ($408) per month.