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.
|Chosen Factor||0.83 0.97*|
|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%|
Locations in Nigeria
|Lagos||0.86 1.00*||Living Costs||Missing market rates.|