Cost of living and prices in Akwa-Ibom, prices of food, rent, shopping, etc. 🇳🇬
Updated Jul 2023

Akwa-Ibom is a city in Nigeria situated in Western Africa, with a latitude of 4.90574 and a longitude of 7.85367. The city is renowned for its natural resources, ethnic cultures, and modern attractions, making it a top destination for tourists and expatriates alike.

When it comes to cost of living, Akwa-Ibom offers a relatively affordable lifestyle while boasting a high quality of life. The city's cost of living is influenced by factors such as food, transportation, accommodation, entertainment, and healthcare. Food is particularly inexpensive, as the region is known for producing rice, cassava, plantain, and other staples at affordable prices, which are readily available at local markets.

Besides saving on basic necessities, residents of Akwa-Ibom enjoy the city's scenic landscapes, pristine beaches, rich cultural festivals, and hospitable locals. The region is also home to several universities and industries, which provide opportunities for career advancement and personal growth. From affordable living costs to excellent economic prospects, Akwa-Ibom is a city that offers the best of both worlds for those seeking a high quality of life.

Cost of Living Estimate in Akwa-Ibom

Total cost of living in Akwa-Ibom for two person with average consumption for one month will be 442.16 USD, no rent price included. Click here to calculate cost-of-living estimate in Akwa-Ibom

You can calculate cost of living in Akwa-Ibom by changing quantity using input near each good or service. Resulting total will appear in a floating box in the bottom of your screen.

Restaurants prices

Akwa-Ibom, located in southern Nigeria, is known for its delectable culinary scene. The state offers a wide variety of eating options, ranging from modern restaurants to street food vendors. If you are a foodie, this state is a must-visit. You can find traditional Nigerian dishes in almost every eatery. Some restaurants specialize in seafood since the state is home to many fishing villages. Street food is also a must-try, as it is not only cheap but also tasty.

The hospitality of the people of Akwa-Ibom is echoed in their food. You can find locally sourced ingredients in many restaurants, and the dishes are often made from scratch. There's something for everyone in Akwa-Ibom, whether you prefer continental dishes or Nigerian cuisine. This state is known for its palm wine, which is a must-try for tourists. In addition to palm wine, there are numerous other local beverages to sample while you are there. When planning your trip to Akwa-Ibom, be sure to add a food tour to your itinerary to get a taste of the amazing delicacies that the state has to offer.

Meal in Inexpensive Restaurant
1.31 $
Meal for 2 People, Mid-range Restaurant, Three-course
18.92 $
McMeal at McDonalds or Alternative Combo Meal
5.26 $
Domestic Beer, 0.5 liter Draught
0.72 $
Imported Beer, 0.33 liter Bottle
1.18 $
Cappuccino
3.94 $
Coca-Cola, 0.33 liter Bottle
0.33 $

Markets prices

Akwa-Ibom, situated in the southern part of Nigeria, is known for its bustling marketplaces and trade centers. Market prices in this region are dependent on various factors, including supply and demand, competition, and overall economic conditions. As a result, the prices of goods can fluctuate frequently, making it challenging for buyers and sellers to settle on a fair price.

Some of the most commonly traded commodities in Akwa-Ibom include foodstuffs, textiles, and electronic goods. As with any market, various vendors may offer differing prices for the same product, and it is important to negotiate and shop around to get the best deal. While some goods may be imported, others are locally produced, which can also affect the prices. Overall, market prices in Akwa-Ibom are dynamic and subject to change, making it a fascinating and exciting place to do business.

Water, 0.33 liter Bottle
0.26 $
Milk, Regular,1 liter
2.89 $
Loaf of Fresh White Bread, 0.5 kg
0.59 $
White Rice, 1 kg
2.63 $
Eggs, 12 pack
1.02 $
Chicken Breasts, Boneless and Skinless, 1 kg
3.15 $
Beef Round or Equivalent Back Leg Red Meat, 1 kg
2.37 $
Apples, 1 kg
1.31 $
Banana, 1 kg
0.79 $
Oranges, 1 kg
1.05 $
Tomato, 1 kg
1.58 $
Potato, 1 kg
1.84 $
Onion, 1 kg
1.31 $
Water, 1.5 liter Bottle
0.53 $
Bottle of Wine, Mid-Range Price
2.76 $
Domestic Beer, 0.5 liter Bottle
0.72 $
Imported Beer, 0.33 liter Bottle
0.92 $
Pack of Cigarettes
0.53 $

Transportation prices

Akwa-Ibom is a state in Nigeria that boasts of various transportation options for commuters. One of the primary modes of transportation in the area is buses. Buses are readily available and offer affordable transportation services to locals and tourists. They can vary in size, from mini-buses to larger coaches, and often travel between major cities and towns in the state. For visitors interested in exploring the region, buses provide a reliable and comfortable way to get around.

In addition to buses, taxis are also a popular transportation option in Akwa-Ibom. Taxis offer convenience and flexibility for people who prefer private transportation, and are easy to find on the streets of major cities. They can be expensive compared to buses, but they offer a quicker and more customizable experience. Visitors can hail a taxi to take them to their destination or rent one for the day. Taxis provide a fantastic way to see the sights of Akwa-Ibom at a pace that suits the traveler.

One-way Ticket, Local Transport
0.39 $
Taxi Start, Normal Tariff
0.53 $
Taxi, price for 1 km, Normal Tariff
0.53 $
Gasoline, 1 liter
0.59 $
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
9,198.37 $

Utilities Per Month prices

Akwa-Ibom is a state located in the southern part of Nigeria known for its natural beauty and historical landmarks. One thing to keep in mind when traveling to Akwa-Ibom is the cost of utilities. While the cost of living in the state is relatively lower compared to other parts of the country, utility costs, including electricity and water, can be relatively higher. This means that travelers should expect to pay more for utilities during their stay. However, hotels and other accommodation options usually include utilities in their rates, which can help travelers save some money.

Although utilities can be a bit pricey in Akwa-Ibom, travelers can take advantage of the abundance of natural resources in the state to minimize their costs. For example, many beach resorts and other accommodation options are powered by solar energy, which can help cut down on electricity costs. Additionally, the state has several rivers and streams where travelers can fetch water for washing and other purposes at no cost. Overall, while utility costs can be a concern, with a little bit of planning, travelers to Akwa-Ibom can still have a great time without breaking the bank.

Basic utilities for 85m2 Apartment including Electricity, Heating or Cooling, Water and Garbage
31.54 $

Sports And Leisure prices

Akwa-Ibom, Nigeria is a hub for sports and leisure. The city offers a variety of outdoor and indoor activities for people of all ages. The city is home to multiple sports facilities, including stadiums, gyms, and courts, where visitors can participate in games and fitness activities. Visitors looking to relax can enjoy the beauty of the city's beaches, national parks, and tourist centers.

Besides sports and leisure activities, the city provides a vibrant nightlife that appeals to the younger crowd. Visitors can enjoy a range of bars, clubs, and restaurants that offer live music, comedy shows, and open mics that will keep guests entertained into the wee hours. From horse riding to beach parties, Akwa-Ibom, Nigeria, is an ideal destination for a fun-filled vacation that caters to everyone's interests.

Fitness Club, Monthly Fee for 1 Adult
13.14 $

Salaries And Financing prices

When it comes to salaries in Akwa-Ibom, Nigeria, it's important to note that the average income varies from profession to profession. While some people earn a comfortable living, others may struggle to make ends meet. The cost of living is generally low in the region, which can help stretch incomes further. However, it's worth keeping in mind that certain amenities and goods can still come at a premium.

As far as financing goes, banking is becoming increasingly accessible in Akwa-Ibom, thanks in part to the growing availability of mobile banking and online services. It's also important to note that cash remains the primary form of payment to many businesses and individuals in the region. When it comes to personal financing, it's wise to be cautious in regards to possible scams or fraudulent activity. Overall, it's important to come prepared with a mix of cash and electronic payment options and to be vigilant when conducting financial transactions in Akwa-Ibom.

Cinema ticket, 1 Seat
5.26 $

Childcare prices

Childcare prices in Akwa-Ibom, Nigeria can vary depending on the type of facility and the level of services provided. Private schools and kindergartens tend to be more expensive than public ones, as they offer more personalized attention and exclusive programs. However, some parents prefer public schools because they are more affordable and provide a more diverse environment. It is worth noting that some facilities may offer discounts for siblings or offer scholarships to children from low-income families.

When it comes to choosing a childcare provider in Akwa-Ibom, parents need to consider their budget, location, and quality of care. Some schools may offer additional services such as transportation, meals, and after-school activities, which can also affect the overall price. It is important to do your research before making a decision, as childcare is one of the most important investments parents can make for their child's future. While prices may vary, it is essential to find a safe, nurturing environment that supports your child's growth and development.

Private Preschool or Kindergarten, Monthly for 1 Child
210.25 $
International Primary School, Yearly for 1 Child
525.62 $

Clothing And Shoes prices

Akwa-Ibom, situated in the south-south region of Nigeria, boasts a diverse range of clothing and shoes at affordable prices. There are numerous options available, from high-end boutiques to bustling street markets. Shoppers can find everything from traditional African clothing to modern Western fashion. Whether you're looking for stylish footwear or trendy outfits, Akwa-Ibom offers something for everyone.

Those who prefer shopping in air-conditioned malls can visit popular destinations like Ibom Tropicana Entertainment Center and the recently opened Festival Mall, where they can experience a more upscale shopping experience. Alternatively, outdoor markets such as Eka Uruk Eshiet provide a vibrant atmosphere where shoppers can negotiate prices with local vendors. No matter where you go, you're sure to find quality clothing and shoes in Akwa-Ibom that won't break the bank.

Pair of Jeans in a Chain Store Like George, H&M, Zara, etc.
10.51 $
Summer Dress in a Chain Store Like George, H&M, Zara, etc.
26.28 $
Pair of Running Shoes, Mid-Range Price
65.70 $
Pair of Leather Business Shoes
39.42 $

Rent Per Month prices

For those traveling to Akwa-Ibom, Nigeria, there are plenty of short-term rent and stay options available. Whether you're looking for a cozy apartment or a full-fledged home, there are several properties to choose from. Options include both furnished and unfurnished apartments/homes, so you can select the one that suits you the most. These properties come equipped with all the necessary facilities to ensure that your stay is a comfortable one.

Many of these short-term rental properties in Akwa-Ibom come at fairly reasonable prices. Depending on the size and location of the property you choose, rates can vary. However, most properties offer a range of amenities that make them worth the extra investment. Whether you're traveling for business or leisure, you're sure to find a short-term rental property that meets all your needs in this bustling Nigerian state.

One bedroom apartment in city centre
630.75 $
One bedroom apartment outside of city centre
354.79 $
Three bedroom apartment in city centre
1,182.65 $
Three bedroom apartment outside of city centre
788.43 $