How To Calculate Average Cost Of Living In Abuja

Here is an estimated cost of living in Abuja, from the accommodation, feeding, transport to school fees, etc.

Abuja is one of the most beautiful cities not only in Nigeria but in the whole of Africa. Abuja is home to the federal capital of Nigeria. This is to tell you the caliber of the people that can be found in this megacity of Nigeria.

Most of the high-ranking officials and politicians of the Nigerian government settle in Abuja.

I guess from hearing this, you should start smelling Abuja’s expensive nature.

What Does It Cost To Live In Abuja?

The absolute truth of the matter is that living in Abuja is not for those who do not have deep pockets. Certain areas of Abuja are occupied by extremely rich people. As a result, these areas are very costly to live in.

Nevertheless, some areas are cheaper for staying in Abuja.

Would you like to find out the cost of living in this beautiful capital of Nigeria? If you’re, then read this article further. You will ascertain out for yourself how much it will cost you to stay in Abuja.

This will assist you in your decision-making when you want to live in this town.

What It Takes to Stay in Abuja

Several factors have an impact on the cost of living in Abuja.

Using those factors, we can determine the cost of living in this megacity.

These factors range from accommodation, education, commuting, outfits, and much more.

  • Price for Apartment

Now it depends if you want to purchase a house or get a rented apartment to live in Abuja.

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Alternatively, you may choose to stay at the hotel. But regardless of your preference, you will soon discover the cost and see what you can afford.

The cost of renting an apartment in Abuja is dependent on the location. There are assorted areas occupied by wealthy people. Areas likewise, Asokoro, Maitama, Garki, Gwarinpa with some few others.

Rental homes in these areas will cost you between 10 million to 45 million annually.

Although this price is also dependent on the type of the house and the area.

But if you plan to buy a house again in those areas, be prepared to spend nothing less than 320 million to ₦3.7 billion. For hotel bills in the areas listed above, it will cost on average 15,000 or more for a night.

There is no doubt that a common Nigerian cannot live in these regions above.

On the other hand, there are certain regions where life is a little less expensive, as we mentioned previously. The rents in these areas are a bit more affordable.

These areas include Kubwa, Lugbe, Karu Urban Areas, Kuje, Mpape, etc. The cost of renting an apartment is about 200,000 – 2,000,000 depending on the nature of the apartment.

Again, if you intend to purchase a home to stay in those affordable environments in Abuja, it will cost you about 14 million or more. Then to stay in any hotel in such surroundings will cost you 7,000 per night.

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If you’re just starting life in Abuja, it will be cheaper to live in these less expensive regions.

At least you can save some money at the end of the day.

  • What about Abuja Transportation Costs?

This is another important factor to consider if you plan to remain in Abuja.

Unlike other mega-cities in Nigeria, such as Lagos, Port Harcourt, Benin, and others, the cost of transportation in Abuja is not as high as the cities we have just mentioned.

For a short drive in Abuja, you can spend about 100 or 200 maximum. In fact, there is some short distance that is as low as 50. Well, isn’t it surprising?

You spend between 500 and 1000 only if you go a long distance in the metropolis of Abuja. It is very exciting and secure to get on public transport in Abuja.

  • Is Feeding Cheap In Abuja FCT?

It is really expensive when it comes to feeding in Abuja. Whether you want to prepare your meal or you plan on eating at one of their restaurants, you’ll still have to spend good money.

For instance, it will cost a person 3,000 to prepare a daily meal. When it is summed up in a month it will be approximately 95,000. Then you can imagine having a family to feed in Abuja.

In a low-cost restaurant in Abuja, it will cost 1,000 to buy food.

An average restaurant is around 6,000 for each plate. Therefore, if you weigh these two options, it will even be better if you purchase supplies and prepare your meal.

However, food is usually expensive in Abuja compared to other cities in Nigeria.

  • Education

When you have children, it will be important to consider this factor. Most of the residents of Abuja are highly ranked individuals, so they prefer to send their children to privately owned schools.

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Some of these private institutions are belted with international criteria. ‘Cause, this is gonna cost a lot of money.

Nevertheless, finding schools in less expensive areas of Abuja is another alternative for those who don’t have billions in their account. Learning institutions in those regions are comparatively affordable.

But let’s see how much the school costs in Abuja.

The cost of learning institutions in Abuja varies according to the type of school and the environment. But generally speaking, the cost of a good kindergarten and elementary school for a child is about ₦70,000 or more.

The cost of high school will be ₦165,000 or more.

But some schools are more expensive than the amount we just talked about.

  • Outfits

To get some good wear in any store in Abuja depends on how deep is your pocket. Some boutiques are really expensive. These stores are designed for the classiest people.

However, there are shops and markets where ordinary Nigerians can purchase clothing.

For pairs of trousers, in particular, jeans are about ₦2,500 –₦ 15,000 according to the brand. It’s in a middle-class shop in Abuja. Nice sneakers and other footwear for guys, it’s between ₦8,000-₦40,000.

For a woman to make hair and other creams can cost up to fifteen thousand and more.

Living in Abuja really depends on how much money you have. While some people have the money to live in places where it is full of luxury, others do not have this sort of money.

All you do is pick the cap that fits you.

Hopefully, reading this article will help you make your choice.

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