Location Factors

Nigeria

The location factor for Nigeria is 0.83, based on national living costs.

This means a ₦10,665,930 per year salary would roughly be compareable to €60,000 in Germany.
If you would have to pay full taxes in Germany, this amount would rise to ₦12,472,256.

You can also start a calculation based on Nigeria.

Name Nigeria
Chosen Factor 0.83 0.97*
Market Rates unavailable
Consumer Price Index 0.78 0.91*
Rent Index* 0.82 0.96*
Consumer Price Plus Rent Index 0.79 0.92*
Groceries Index 0.83 0.97*
Restaurant Price Index* 0.68 0.80*
Local Purchasing Power Index* 0.36 0.42*
Buffer Location Bracket* C
Currency Nigerian Naira (NGN)
Income Tax* 7% to 24%
* Not used for index.* If taxes paid in Germany instead.
Market rates unknown. Living costs based on Numbeo.

Locations in Nigeria

City Factor Based On Notes
Lagos 0.86 1.00* Living Costs Missing market rates.
create calculation* If taxes paid in Germany instead.