Nigeria vs South Korea
South Korea is about 80% pricier than Nigeria overall, with a price level of 60.3 versus 12.1 (US = 100). The gap is widest in restaurants & hotels and narrowest in transport. On quality of life, South Korea scores higher (98 vs 32 of 100).
Metric Nigeria South Korea
Price level (US=100) 12.1 60.3
GDP / capita (PPP) $9,087 $61,051
GNI / capita (PPP) $8,850 $61,930
Inflation (YoY) 33.2% 2.3%
What's different, by category
Price levels by category (world average = 100). The cheaper of the two is highlighted.
Category Nigeria South Korea
Housing & utilities 52 109
Food 100 204
Transport 63 114
Restaurants & hotels 50 142
Health 33 81
Communication 67 140
Category price levels: World Bank ICP 2021 (world average = 100).
Quality of life
Metric Nigeria South Korea
Quality-of-life score 32/100 98/100
Life expectancy 55 yrs 84 yrs
Safety · homicide /100k 15.7 0.5
Internet users 41% 98%
Frequently asked
Is Nigeria more expensive than South Korea?
South Korea is more expensive: about 80% pricier than Nigeria overall.
What would a $100,000 lifestyle cost in South Korea?
Living the way $100,000 buys in Nigeria would cost roughly $498,500 in South Korea, based on overall price levels.
Which has the better quality of life, Nigeria or South Korea?
South Korea scores higher, 98 vs 32 out of 100.
Salary check
A $100,000 lifestyle in Nigeria would cost about
$498,500
in South Korea. Run your real salary →