{ "ok": true, "source": { "id": "worldbank-cons", "label": "World Bank โ€” Consumption", "auto": true }, "base": { "code": "NG", "name": "Nigeria", "currency": "NGN", "flag": "๐Ÿ‡ณ๐Ÿ‡ฌ", "pppIndex": 0.209, "year": 2025 }, "target": { "code": "KR", "name": "South Korea", "currency": "KRW", "flag": "๐Ÿ‡ฐ๐Ÿ‡ท", "pppIndex": 0.619, "year": 2025 }, "items": [ { "item": { "id": "rent-1br-center", "label": "Rent: 1-bedroom, city center", "emoji": "๐Ÿ™๏ธ", "category": "Housing", "usPrice": 1750, "unit": "/month", "elasticity": 1.4, "monthlyQty": 0 }, "base": { "usd": 195.54, "local": { "currency": "NGN", "amount": 296904.22 } }, "target": { "usd": 894.14, "local": { "currency": "KRW", "amount": 1271861.4 } }, "pctDiff": 357.27 }, { "item": { "id": "rent-1br-outside", "label": "Rent: 1-bedroom, outside center", "emoji": "๐Ÿก", "category": "Housing", "usPrice": 1400, "unit": "/month", "elasticity": 1.4, "monthlyQty": 1 }, "base": { "usd": 156.43, "local": { "currency": "NGN", "amount": 237520.34 } }, "target": { "usd": 715.31, "local": { "currency": "KRW", "amount": 1017486.27 } }, "pctDiff": 357.27 }, { "item": { "id": "rent-3br-center", "label": "Rent: 3-bedroom, city center", "emoji": "๐Ÿข", "category": "Housing", "usPrice": 3200, "unit": "/month", "elasticity": 1.4, "monthlyQty": 0 }, "base": { "usd": 357.56, "local": { "currency": "NGN", "amount": 542912.31 } }, "target": { "usd": 1635, "local": { "currency": "KRW", "amount": 2325691.04 } }, "pctDiff": 357.27 }, { "item": { "id": "meal-cheap", "label": "Meal, inexpensive restaurant", "emoji": "๐Ÿœ", "category": "Food out", "usPrice": 18, "unit": "", "elasticity": 1.1, "monthlyQty": 8 }, "base": { "usd": 3.22, "local": { "currency": "NGN", "amount": 4889.19 } }, "target": { "usd": 10.62, "local": { "currency": "KRW", "amount": 15106.32 } }, "pctDiff": 229.81 }, { "item": { "id": "dinner-mid", "label": "Dinner for two, mid-range", "emoji": "๐Ÿฝ๏ธ", "category": "Food out", "usPrice": 75, "unit": "3 courses", "elasticity": 1.1, "monthlyQty": 2 }, "base": { "usd": 13.4, "local": { "currency": "NGN", "amount": 20346.31 } }, "target": { "usd": 44.25, "local": { "currency": "KRW", "amount": 62943.01 } }, "pctDiff": 230.22 }, { "item": { "id": "fastfood-combo", "label": "Fast-food combo meal", "emoji": "๐Ÿ”", "category": "Food out", "usPrice": 11, "unit": "", "elasticity": 1, "monthlyQty": 0 }, "base": { "usd": 2.3, "local": { "currency": "NGN", "amount": 3492.28 } }, "target": { "usd": 6.81, "local": { "currency": "KRW", "amount": 9686.82 } }, "pctDiff": 196.09 }, { "item": { "id": "milk", "label": "Milk, 1L", "emoji": "๐Ÿฅ›", "category": "Groceries", "usPrice": 1.1, "unit": "", "elasticity": 0.8, "monthlyQty": 8 }, "base": { "usd": 0.31, "local": { "currency": "NGN", "amount": 470.7 } }, "target": { "usd": 0.75, "local": { "currency": "KRW", "amount": 1066.83 } }, "pctDiff": 141.94 }, { "item": { "id": "bread", "label": "Bread, fresh loaf 500g", "emoji": "๐Ÿž", "category": "Groceries", "usPrice": 3.2, "unit": "", "elasticity": 0.8, "monthlyQty": 6 }, "base": { "usd": 0.91, "local": { "currency": "NGN", "amount": 1381.73 } }, "target": { "usd": 2.18, "local": { "currency": "KRW", "amount": 3100.92 } }, "pctDiff": 139.56 }, { "item": { "id": "eggs", "label": "Eggs, dozen", "emoji": "๐Ÿฅš", "category": "Groceries", "usPrice": 3.4, "unit": "", "elasticity": 0.8, "monthlyQty": 4 }, "base": { "usd": 0.97, "local": { "currency": "NGN", "amount": 1472.83 } }, "target": { "usd": 2.32, "local": { "currency": "KRW", "amount": 3300.06 } }, "pctDiff": 139.18 }, { "item": { "id": "chicken", "label": "Chicken breast, 1kg", "emoji": "๐Ÿ—", "category": "Groceries", "usPrice": 10, "unit": "", "elasticity": 0.8, "monthlyQty": 4 }, "base": { "usd": 2.86, "local": { "currency": "NGN", "amount": 4342.57 } }, "target": { "usd": 6.81, "local": { "currency": "KRW", "amount": 9686.82 } }, "pctDiff": 138.11 }, { "item": { "id": "rice", "label": "White rice, 1kg", "emoji": "๐Ÿš", "category": "Groceries", "usPrice": 4, "unit": "", "elasticity": 0.8, "monthlyQty": 2 }, "base": { "usd": 1.14, "local": { "currency": "NGN", "amount": 1730.95 } }, "target": { "usd": 2.73, "local": { "currency": "KRW", "amount": 3883.26 } }, "pctDiff": 139.47 }, { "item": { "id": "apples", "label": "Apples, 1kg", "emoji": "๐ŸŽ", "category": "Groceries", "usPrice": 4.8, "unit": "", "elasticity": 0.8, "monthlyQty": 3 }, "base": { "usd": 1.37, "local": { "currency": "NGN", "amount": 2080.18 } }, "target": { "usd": 3.27, "local": { "currency": "KRW", "amount": 4651.38 } }, "pctDiff": 138.69 }, { "item": { "id": "cheese", "label": "Local cheese, 1kg", "emoji": "๐Ÿง€", "category": "Groceries", "usPrice": 12, "unit": "", "elasticity": 0.8, "monthlyQty": 1 }, "base": { "usd": 3.43, "local": { "currency": "NGN", "amount": 5208.05 } }, "target": { "usd": 8.18, "local": { "currency": "KRW", "amount": 11635.57 } }, "pctDiff": 138.48 }, { "item": { "id": "water-bottle", "label": "Water, 1.5L bottle", "emoji": "๐Ÿ’ง", "category": "Groceries", "usPrice": 2, "unit": "", "elasticity": 0.8, "monthlyQty": 8 }, "base": { "usd": 0.57, "local": { "currency": "NGN", "amount": 865.48 } }, "target": { "usd": 1.36, "local": { "currency": "KRW", "amount": 1934.52 } }, "pctDiff": 138.6 }, { "item": { "id": "pint", "label": "Domestic beer, pint (draught)", "emoji": "๐Ÿบ", "category": "Drinks", "usPrice": 6, "unit": "0.5L", "elasticity": 1.1, "monthlyQty": 6 }, "base": { "usd": 1.07, "local": { "currency": "NGN", "amount": 1624.67 } }, "target": { "usd": 3.54, "local": { "currency": "KRW", "amount": 5035.44 } }, "pctDiff": 230.84 }, { "item": { "id": "beer-import", "label": "Imported beer, 330ml bottle", "emoji": "๐Ÿป", "category": "Drinks", "usPrice": 8, "unit": "", "elasticity": 0.4, "monthlyQty": 0 }, "base": { "usd": 4.28, "local": { "currency": "NGN", "amount": 6498.67 } }, "target": { "usd": 6.6, "local": { "currency": "KRW", "amount": 9388.11 } }, "pctDiff": 54.21 }, { "item": { "id": "cappuccino", "label": "Cappuccino", "emoji": "โ˜•", "category": "Drinks", "usPrice": 5, "unit": "regular", "elasticity": 1.1, "monthlyQty": 12 }, "base": { "usd": 0.89, "local": { "currency": "NGN", "amount": 1351.36 } }, "target": { "usd": 2.95, "local": { "currency": "KRW", "amount": 4196.2 } }, "pctDiff": 231.46 }, { "item": { "id": "coke", "label": "Coke/Pepsi, 330ml", "emoji": "๐Ÿฅค", "category": "Drinks", "usPrice": 2.3, "unit": "", "elasticity": 0.8, "monthlyQty": 0 }, "base": { "usd": 0.66, "local": { "currency": "NGN", "amount": 1002.13 } }, "target": { "usd": 1.57, "local": { "currency": "KRW", "amount": 2233.23 } }, "pctDiff": 137.88 }, { "item": { "id": "transit-month", "label": "Public transport, monthly pass", "emoji": "๐Ÿš‡", "category": "Transport", "usPrice": 65, "unit": "/month", "elasticity": 1, "monthlyQty": 1 }, "base": { "usd": 13.59, "local": { "currency": "NGN", "amount": 20634.8 } }, "target": { "usd": 40.24, "local": { "currency": "KRW", "amount": 57239.03 } }, "pctDiff": 196.1 }, { "item": { "id": "transit-single", "label": "Public transport, one-way", "emoji": "๐ŸŽซ", "category": "Transport", "usPrice": 2.75, "unit": "", "elasticity": 1, "monthlyQty": 0 }, "base": { "usd": 0.57, "local": { "currency": "NGN", "amount": 865.48 } }, "target": { "usd": 1.7, "local": { "currency": "KRW", "amount": 2418.15 } }, "pctDiff": 198.25 }, { "item": { "id": "taxi-start", "label": "Taxi start (normal tariff)", "emoji": "๐Ÿš•", "category": "Transport", "usPrice": 4, "unit": "", "elasticity": 1.1, "monthlyQty": 0 }, "base": { "usd": 0.71, "local": { "currency": "NGN", "amount": 1078.05 } }, "target": { "usd": 2.36, "local": { "currency": "KRW", "amount": 3356.96 } }, "pctDiff": 232.39 }, { "item": { "id": "taxi-km", "label": "Taxi, per km", "emoji": "๐Ÿ›ฃ๏ธ", "category": "Transport", "usPrice": 1.8, "unit": "/km", "elasticity": 1.1, "monthlyQty": 0 }, "base": { "usd": 0.32, "local": { "currency": "NGN", "amount": 485.88 } }, "target": { "usd": 1.06, "local": { "currency": "KRW", "amount": 1507.79 } }, "pctDiff": 231.25 }, { "item": { "id": "petrol", "label": "Petrol/gasoline, 1L", "emoji": "โ›ฝ", "category": "Transport", "usPrice": 0.95, "unit": "", "elasticity": 0.4, "monthlyQty": 0 }, "base": { "usd": 0.51, "local": { "currency": "NGN", "amount": 774.37 } }, "target": { "usd": 0.78, "local": { "currency": "KRW", "amount": 1109.5 } }, "pctDiff": 52.94 }, { "item": { "id": "utilities", "label": "Basic utilities, 85mยฒ apartment", "emoji": "๐Ÿ’ก", "category": "Utilities & comms", "usPrice": 200, "unit": "/month", "elasticity": 1, "monthlyQty": 1 }, "base": { "usd": 41.8, "local": { "currency": "NGN", "amount": 63468.33 } }, "target": { "usd": 123.8, "local": { "currency": "KRW", "amount": 176098.2 } }, "pctDiff": 196.17 }, { "item": { "id": "internet", "label": "Internet, 60Mbps+ unlimited", "emoji": "๐ŸŒ", "category": "Utilities & comms", "usPrice": 70, "unit": "/month", "elasticity": 1, "monthlyQty": 1 }, "base": { "usd": 14.63, "local": { "currency": "NGN", "amount": 22213.91 } }, "target": { "usd": 43.33, "local": { "currency": "KRW", "amount": 61634.37 } }, "pctDiff": 196.17 }, { "item": { "id": "mobile", "label": "Mobile plan, 10GB+ data", "emoji": "๐Ÿ“ฑ", "category": "Utilities & comms", "usPrice": 45, "unit": "/month", "elasticity": 1, "monthlyQty": 1 }, "base": { "usd": 9.4, "local": { "currency": "NGN", "amount": 14272.78 } }, "target": { "usd": 27.86, "local": { "currency": "KRW", "amount": 39629.21 } }, "pctDiff": 196.38 }, { "item": { "id": "gym", "label": "Gym membership, month", "emoji": "๐Ÿ‹๏ธ", "category": "Lifestyle", "usPrice": 50, "unit": "/month", "elasticity": 1.1, "monthlyQty": 1 }, "base": { "usd": 8.94, "local": { "currency": "NGN", "amount": 13574.33 } }, "target": { "usd": 29.5, "local": { "currency": "KRW", "amount": 41962.01 } }, "pctDiff": 229.98 }, { "item": { "id": "cinema", "label": "Cinema seat", "emoji": "๐ŸŽฌ", "category": "Lifestyle", "usPrice": 14, "unit": "", "elasticity": 1.1, "monthlyQty": 2 }, "base": { "usd": 2.5, "local": { "currency": "NGN", "amount": 3795.95 } }, "target": { "usd": 8.26, "local": { "currency": "KRW", "amount": 11749.36 } }, "pctDiff": 230.4 }, { "item": { "id": "haircut", "label": "Men's haircut", "emoji": "๐Ÿ’ˆ", "category": "Lifestyle", "usPrice": 30, "unit": "", "elasticity": 1.1, "monthlyQty": 1 }, "base": { "usd": 5.36, "local": { "currency": "NGN", "amount": 8138.52 } }, "target": { "usd": 17.7, "local": { "currency": "KRW", "amount": 25177.21 } }, "pctDiff": 230.22 }, { "item": { "id": "jeans", "label": "Jeans (mid-range brand)", "emoji": "๐Ÿ‘–", "category": "Lifestyle", "usPrice": 55, "unit": "", "elasticity": 0.4, "monthlyQty": 0 }, "base": { "usd": 29.41, "local": { "currency": "NGN", "amount": 44655.59 } }, "target": { "usd": 45.4, "local": { "currency": "KRW", "amount": 64578.82 } }, "pctDiff": 54.37 }, { "item": { "id": "sneakers", "label": "Running shoes (brand)", "emoji": "๐Ÿ‘Ÿ", "category": "Lifestyle", "usPrice": 90, "unit": "", "elasticity": 0.4, "monthlyQty": 0 }, "base": { "usd": 48.12, "local": { "currency": "NGN", "amount": 73064.49 } }, "target": { "usd": 74.29, "local": { "currency": "KRW", "amount": 105673.14 } }, "pctDiff": 54.38 }, { "item": { "id": "coworking", "label": "Coworking hot desk, month", "emoji": "๐Ÿ’ป", "category": "Lifestyle", "usPrice": 250, "unit": "/month", "elasticity": 1.1, "monthlyQty": 0 }, "base": { "usd": 44.68, "local": { "currency": "NGN", "amount": 67841.26 } }, "target": { "usd": 147.5, "local": { "currency": "KRW", "amount": 209810.05 } }, "pctDiff": 230.13 } ], "categoryTotals": [ { "category": "Housing", "base": 709.53, "target": 3244.45, "pctDiff": 357.27 }, { "category": "Food out", "base": 18.92, "target": 61.68, "pctDiff": 226 }, { "category": "Groceries", "base": 11.56, "target": 27.6, "pctDiff": 138.75 }, { "category": "Drinks", "base": 6.9, "target": 14.66, "pctDiff": 112.46 }, { "category": "Transport", "base": 15.7, "target": 46.14, "pctDiff": 193.89 }, { "category": "Utilities & comms", "base": 65.83, "target": 194.99, "pctDiff": 196.2 }, { "category": "Lifestyle", "base": 139.01, "target": 322.65, "pctDiff": 132.11 } ], "monthlyBudget": { "base": 362.45, "target": 1334.29, "pctDiff": 268.13 }, "attribution": { "sources": [ { "id": "worldbank-cons", "label": "World Bank โ€” Consumption", "attribution": "Computed from World Bank Open Data (PA.NUS.PRVT.PP รท PA.NUS.FCRF). Latest available year per country.", "updated": "2026-09-09", "year": 2025, "url": "https://data.worldbank.org/indicator/PA.NUS.PRVT.PP" } ], "citation": "Geo-Parity โ€” Cost of Living & Salary Comparison. Data: World Bank โ€” Consumption (2025). https://geo-parity.com/cost-of-living/nigeria-vs-south-korea/", "permalink": "https://geo-parity.com/cost-of-living/nigeria-vs-south-korea/", "terms": "Free to use and quote with attribution. Figures are estimates for orientation, not advice." } }