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Monthly living wage in Nigeria for individuals and families in 2020 (in Nigerian Naira)

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Source

Release date

May 2020

Region

Nigeria

Survey time period

2020

Supplementary notes

The source adds the following information: "Living Wage computations are based on the cost of living for a predefined food basket derived from the FAO database distinguishing 50 food groups with national food consumption patterns in per capita units, for housing and for transportation, with a margin for unexpected expenses. The data about prices of these items is collected through an online survey. Living Wage for a typical family refers to the family composition most common in the country at stake, calculated on the respective fertility rates."

Citation formats

Monthly living wage for individuals and families in Nigeria 2020

Published by Zeynep Dierks, May 25, 2020

On average, the monthly cost of living for an individual in Nigeria amounted to * Nigerian Naira, which equaled roughly *** U.S. dollars. On the other hand, this figure added up to ** Naira for a family, about *** U.S. dollars. In 2020, the minimum wage in Nigeria reached * Naira.

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* For commercial use only

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$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
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Starter Account

For single users
$199 USD
per month, billed annually 1
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  • Premium Statistics

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