How much does the average Nigerian make in US dollars?
Asked by: Ashly Auer | Last update: December 12, 2025Score: 4.2/5 (2 votes)
As of Jan 22, 2025, the average hourly pay for a Nigerian in the United States is $19.14 an hour. While
What is a good salary in Nigeria in USD?
According to Salaryexplorer, the national average salary in Nigeria is NGN 340,000 (USD 202.86) monthly, which is the equivalent of a yearly average salary of NGN 4,080,000 (USD 2,406.34). The average salary in Nigeria varies and can reach much lower levels.
How much does the average Nigerian American make?
Nigerian Americans in 2023 had a median household income of $80,711 which was higher then the total population's. However, Nigerian Americans had a slightly lower per capita income ($43,030) than the total population ($43,313).
What is the average income of someone who lives in Nigeria?
As of recent reports, the average monthly salary in Nigeria is estimated to be within the range of 80,000 to 150,000 Nigerian Naira (NGN), which translates to approximately 190 to 355 USD based on current exchange rates.
What is the average middle class income in Nigeria?
Our findings about the Nigerian middle class are summarised below: Their average monthly income is in the range NGN75,000-100,000 ($480- 645, or roughly $6,000-7,000 pa). The middle class make up about 23% of the Nigerian population, according to African Development Bank (AfDB) data.
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What is the upper class salary in Nigeria?
Nigeria's income classification per annum according to a private report 2023. Upper Class: Above ₦80M Lower Upper Class: ₦25M - ₦79.9M Upper Middle Class: ₦10M - ₦24.9M Middle Class: ₦1.5M - ₦9.9M Lower Class: ₦300k - ₦1.49M Poor: Less than ₦300K Where do you belong?
How much is considered poor in Nigeria?
Economic measures
The upper poverty line is ₦395.41 per person annually, which is two-thirds of the mean value of consumption. The lower poverty line is ₦197.71 per person annually, which is one-third of the mean value of consumption.
How much do you need to earn to live comfortably in Nigeria?
The Anker Living Income Reference Value for 2020 for rural Nigeria is 138,678 NGN (365 USD)2 per month with a 95% confidence interval around it from 127,828 NGN to 150,448 NGN. This is the estimated monthly cost of a basic but decent standard of living for a typical rural family in Nigeria.
What salary is considered rich in Nigeria?
You Need N28. 7m To Consider Yourself Rich In Nigeria – - Family - Nairaland.
Which US city has the most Nigerians?
- Houston, Texas has the largest Nigerian American community.
- New York City – the largest Nigerian immigrant population in the United States.
How far does 1 USD go in Nigeria?
The exchange rate for US dollar to Nigerian nairas is currently 1,610.880 today, reflecting a -0.788% change since yesterday. Over the past week, the value of US dollar has remained relatively stable, with a -2.672% decrease compared to its value 7 days ago.
Is 200 dollars a lot in Nigeria?
200 USD translates to N72,000 at today's exchange rate of N360/$1 So let me answer that from a Lagos perspective: With N72,000 in your pocket: That's an average of 28 uber trips or One night at a really good hotel or a weekend in a less than average one Or Congrats, you can get a whopping 220GB worth of…
What is the highest paid job Nigeria?
- Orthopedic Surgeon: N770,000 – N2,200,000.
- Cardiologist: N270,000 – N1,960,000.
- Pilot: N200,000 – N1,800,000.
- Anesthesiologist: N550,000 – N1,500,000.
- Solutions Architect: N290,000 – N1,500,000.
- Medical Doctor: N180,000 – N1,500,000.
- Sailor: N200,000 – N1,400,000.
What is the top 1 income in Nigeria?
From an earnings perspective, to be in the top 1% of Nigerians, you need a monthly earning of ₦4.02 million. Surprisingly, a monthly earning of ₦870,032 puts you in the top 10% of Nigerian earners.
What is a great salary in Nigeria?
An average annual salary in Nigeria is approximately ₦ 1,200,000 which becomes ₦ 100,000 when converted into a monthly wage. According to the research, we have come to know that the lowest salary an employee can get in Nigeria is ₦ 840,000 per year. When we talk about the highest annual salary, it is ₦ 18,121,700.
Do Nigerians pay rent annually?
In most parts of the world, rents are paid monthly. The implication of the annual rent payment system (as it applies in Nigeria) is that… In 2019, we completed some research on how Africans pay rent, based on our findings, 4 out of 19 major African countries including Nigeria require annual upfront payments for rent.
Is Nigeria high or low income?
The economy of Nigeria is a middle-income, mixed economy and emerging market with expanding manufacturing, financial, service, communications, technology, and entertainment sectors.
Is Nigeria a rich or Poor country?
Nigeria's poverty is paradoxical, given its vast oil wealth, but mismanagement and corruption have largely prevented these resources from benefiting the general population; income inequality is stark.
What is the minimum wage in Nigeria?
As of July 2024, Nigeria's minimum wage is NGN 70,000 per month for all eligible employees. This is equivalent to GBP 33.02/ USD 43.19.
Is it cheaper to live in Nigeria or the USA?
Cost of living in Nigeria is, on average, 56.95% lower than in United States. Rent in Nigeria is, on average, 31.18% lower than in United States. On average, the monthly cost of living in Nigeria for an individual is roughly US$120. For the family the average cost of living in Nigeria is about US$359.
Is 150 dollars a lot in Nigeria?
1 dollar to Nigerian Naira last I checked was 543 but to be on the safe side let's just say 550. So that is 150 x 550=82,500 Naira. This is a very good amount and enough to groceries, transport, hang out with friends ( in not so expensive locations) watch a movie, travel within states, buy airtime, b…
How much is 1 bedroom rent in USA?
The average rent for a one-bedroom apartment in the US is $1,713. New York is the most expensive state to rent in at $2,552, and Wyoming is the cheapest at $608. Learning about the different averages for one-bedroom apartments across the US is crucial for making smart financial decisions about where to live.