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My take on the cost of living in my country. by princessbusayo

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· @princessbusayo ·
$16.40
My take on the cost of living in my country.
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Nigeria, my country. There is now a saying I have been hearing for some weeks now and it is that the cost of living is now killing the living. How true it is? We shall know soon! 

Gone are those days when things were so cheap that we could afford to live with a small income. I mean, remember the time we bought a cup of rice for just #50-#100 and others? We were living fine then and the salary was enough to keep a family going without complaints. 

But today? A lot has gone worse. Inflation has taken things to an extremely higher level. The poor cannot breathe, likewise the rich are lamenting too. Can you imagine? Prices of goods and services have skyrocketed and some people think it was due to the dollar increment but something was done to bring the price down but still, things are up. I was forced to write on my status that we Nigerians are our problems, which is greediness. 

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However, in some locations here in my country, the cost of living is different. I'd wanted to serve in Port Harcourt then because I wanted to change my environment from the West to the East for exploration, but I quickly changed my mind when my younger sister who was living there told me how much she was paying house rent, although she stayed with 2 of her friends in a 3 bedroom flat which costs them #900,000 annually. That was why I decided to change my location back to the west β€” Oyo State because things are still cheap compared to that place and even Lagos. I used to say those living in Lagos are the big bosses, but there are still some cheaper places. 

Where I am staying for my service, I paid #50,000 for a 2 bedroom flats even though I only use one of the rooms since my stuff isn't enough, the other room is closed and there is no bringing in another person. There are also places here that I was surprised by how cheap the rents are and even the foodstuffs here are still cheaper compared to other places like the ones I mentioned. The last time I heard, a bag of rice was at #60,000 here and in Lagos and Port Harcourt, it was over #70,000 which makes this state's cost of living so low that a family can still live happily with their income. 

<hr>

Compared to many other countries, the cost of living here in Nigeria can be relatively lower, especially when we talk of house rent and other necessities. My younger sister has moved to the US now and she explained the cost of living over there which when she calculated it, I knew we are still enjoying here in my country. Imagine earning $1000 over there, removing tax, house rent per month is over $400, electricity etc, how much would remain from the $1000? In Nigeria, we only pay house rent of that amount yearly but over there, it is monthly. 

Last week, my sister started a business of making puff puff snacks which she is very good at, she sent the flyer and I was surprised by the price she intended to deliver it. 

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![1000215872.jpg](https://files.peakd.com/file/peakd-hive/princessbusayo/EpXNKRLZxgQ39g7H3imFjwywif7P4X8ezrESMDcY2UeeTd9hrBAZLo12F6epLDVTNyn.jpg)
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I couldn't stop laughing when I saw 7 pieces of the snacks for $5 (#5000+) whereas, in Nigeria, you can get 7 pieces of that for just #350-500 depending on the location. Though they make money over there, the tax payment, rent, electricity, data etc will kill someone. Over there, you have to tighten your belt to live fine, yes, in some cities here too, you have to do the same but the cost of living is still better and lower compared to other countries. 

<hr>

**Will my earnings fetch me more or less in other countries?** 

Right now, I am earning #33,000 as a youth corper which isn't still enough to keep me sane, thanks to the side hustle I have that enables me to earn in dollars which is helping me to cope better. I would say that my current earnings for both works aren't enough to fetch me more in other countries like the US or UK in terms of basic amenities because I would have to work hard for more jobs to be able to live fine and afford whatever I want. In Nigeria, I can still manage to live fine depending on the location and aside from that, living a minimalist lifestyle and cutting one's coat according to their sizes would help us navigate the cost of living. 

**Would I relocate to other countries if I had the chance?**

Even if I would want to relocate, it won't be based on the cost of living because Nigeria is better for that. Relocating to another country would solely be on the education aspect while also engaging myself more in jobs that could fetch me more while enrolling in my studies and doing a side job to keep me going with their cost of living. 

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<center><sub>*Both images belongs to me*</sub></center>

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<h5>Thanks for your time reading. Looking forward to your interaction.</h5>
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<center>![20240101_131050_0000.png](https://files.peakd.com/file/peakd-hive/princessbusayo/23vhqCHTak2UhpHdN6hLVKWwPxzyVRC8FdoL8GepSq4e4onf6WA8pbZC1uZvcQDN9EcKH.png)</center>

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vote details (168)
@abdul-qudus ·
Gone are the days when we buy 5 kuli kuli for five naira. It became 2 for five naira. Groundnut and sugar were 5 naira. We buy 5 chewing gums for five naira, sweets and biscuits five naira, pure water 5 naira. 

Now all of these things are 50 naira and 100 naira. What a shame, our dear and lovely country in shambles. 

You wrote well. But your 50k two bedroom is still getting me amazed πŸ˜‚. Let me come and stay in the second room now. 
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@princessbusayo ·
Yes oo I cannot forget those times. Where is our #5? Even #50 sef, e get wetin you go buy with that amount and cannot reach you anywhere. 

Yes oo..come and stay in the other room and pay me #25k πŸ˜ƒ
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@amiegeoffrey ·
It's so sad how the cost of living is actually killing the living, I pray things get better.

I popped in from Dreemport, always an awesome #dreemerforlife
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@beckyroyal ·
I appreciate the fact that you don't want to japa out of Nigeria. I normally tell people around me that Nigeria is far better than most places.


If we Nigerians can just drop the greedy act, this country is good. How can a tailor that bought one thread for #100, charge you #10,000 to see a simple short gown from #3000 previously. When asked the reason, the tailor claimed that it's dollars fault and fuel increase. Abeg, wetin concern fuel and dollar with thread and needleπŸ™„πŸ™„.

This is what we are facing in Nigeria. In fact there is a saying I know, that once something goes up, it cannot come down again. 
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@princessbusayo ·
>Abeg, wetin concern fuel and dollar with thread and needleπŸ™„πŸ™„.

It is those eyes for me 🀣🀣🀣 but seriously, wetin concern those threads with dollar? Lol those tailors ehn. Na we dey do ourselves. 

Nigeria is a good place oo. 
Don't mind them. Their eyes are now wide and do not want the price to come down again. 
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@beckyroyal ·
πŸ˜‚πŸ˜‚πŸ˜‚, that's true and a good fact is that we will always survive and adapt to this inflation
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@emotak ·
Your writing reflects in part what is happening in Venezuela, the high cost of living and the low salaries that people receive make it impossible to indulge. Thank you for sharing this reality and the way you face this situation.

#dreemerforlife 
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@emrysjobber ·
I apart of me already forgot currency such as ₦50 still exist. I remember those days when with just ₦200 you will buy 2 gala and one soft drink. I thought houses in OYO State are very expensive based on the enquiries have made, I believe I will be entering your DM for a more private conversation, if you don't mind.
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@princessbusayo ·
Yes. With #200, you can buy something that will be worth it, not like today. Yes, some houses are cheap in Oyo but it depends on location. 
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@fredaa ·
>Where I am staying for my service, I paid #50,000 for a 2 bedroom flat

Really?? 
It's really an irony, because some of us have to pay almost 7x this amount for a single room self contain, it's just the help of God that is sustaining us in this country, and also our doggedness. 
#dreemerforlife
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@george-dee ·
Do you know how many puff puffs I will make with $5? I agree with you that it costs more to live abroad than to live in Nigeria so earning peanuts over there wouldn't make a difference as well.

The cost of living in Nigeria is a problem because we aren't earning enough, wages haven't increased while the inflation rate has doubled, it's really annoying.
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@princessbusayo ·
So annoying here in Nigeria. Everything keeps increasing, whereas salary isn't going up which makes cost of living hard for a lot of us. Aside that, Nigeria is good compared to other countries. 
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@gregscloud ·
Really enjoyed reading #dreemerforlife
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@hive.ghana ·
Ohhh you just reminded me when we used to buy a whole meal with 50 pesewas in Ghana then times.
Life was so good and we didn’t even have to  do too much to survive but now look at the prices for just renting?
Eweeeee


#dreemerforlife
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@princessbusayo ·
It's enough to scream "Eweeee" πŸ˜…πŸ˜…
Life was good then and I wish things could go down even though we know it can't go back to how it was then. We keep pushing despite all of these. 
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properties (22)
authorhivebuzz
permlinknotify-princessbusayo-20240406t195442
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@princessbusayo ·
Thank you 😊
properties (22)
authorprincessbusayo
permlinkre-hivebuzz-sble09
categoryhive-153850
json_metadata{"tags":["hive-153850"],"app":"peakd/2024.4.1"}
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@hivebuzz ·
You've got this @princessbusayo! Keep putting in the effort and you'll reach your target in no time.<div><a href="https://engage.hivechain.app">![](https://i.imgur.com/XsrNmcl.png)</a></div>
properties (22)
authorhivebuzz
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@intishar ·
I think in the case of price comparing it with other countries is not a good idea because it's not a thing to compare. Maybe many things can be so cheap compared to the US but it doesn't actually cheap in your country. it should be considered based on how much Nigerians earn. My country situation is kind of similar and so I can understand the situation of you very well. 
!LUV
properties (22)
authorintishar
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@luvshares ·
<center><p>princessbusayo, intishar sent you LUV. πŸ™‚ <sub>(1/3)</sub> <a href="https://crrdlx.on.fleek.co" target="_blank">tools</a> | <a href="https://tribaldex.com/trade/LUV" target="_blank">trade</a> | <a href="https://hiveconnect.on.fleek.co/" target="_blank">connect</a> | <a href="https://hivewiki.netlify.app" target="_blank">wiki</a>  | <a href="https://ichthys.netlify.app" target="_blank">daily</a></p>
<p>Made with <a href="https://hive.blog/@luvshares">LUV</a> by <a href="https://hive.blog/@crrdlx/about">crrdlx</a>.</p></center>
properties (22)
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@princessbusayo ·
Yes, I understand you here. Comparing a country to another should be based on the earnings in each country and weighing the chance of the cost of living, whether high or low. Thank you for the insight. 
properties (22)
authorprincessbusayo
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@katey-cate ·
I think inflation is everywhere. 
We experience that too here in the Philippines. My income almost can no longer sustain me alone. Prices of goods have increased to almost half of the original price already.
properties (22)
authorkatey-cate
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@princessbusayo ·
Yes. Inflation is affecting cost of living and it is getting too unbearable on everyone. 
properties (22)
authorprincessbusayo
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@lightpen ·
The Nigerian economy is really bad. Life is made difficult for the poor and middle-class. I think that the advantage obtainable in the developed world goes beyond earnings. When we consider the amenities and other things generally, they are far ahead of Nigeria. A poor person in US live a better life than a poor person in Nigeria.

#dreemerforlife 
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@nkemakonam89 ·
You know when I reflect on the economy let's say 4 years ago..I wish we could go back to that time so we can breath. I am yet to understand the positive effect of dollar rate reduction on goods and services because things are still the same

Imagine people in my village where farm full everywhere buy same price like some of us in Lagos city? Even the poor finds it difficult to cope with the cost of living in Nigeria. However, here is still lower compare to some countries where tax alone is killing
That puff puff, nawaoo oo πŸ˜‚
!LADY
properties (22)
authornkemakonam89
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@ladytoken ·
LOH 1712398045571
<div class='pull-right'>https://images.ecency.com/DQmbNGgo2ZfyBhJKoqCxyAUQFDPuGtk6Deh7ktYU92B1isW/loh_lady.png<p><sup><a href='https://hive-engine.com/?p=market&t=LOH'>View or trade </a> <code>LOH</code> tokens.</sup></p></div><center><br> <p>@nkemakonam89, you successfully shared 0.1000 LOH with @princessbusayo and you earned 0.1000 LOH as tips. (1/4 calls)</p> <p>Use !LADY command to share LOH! More details available in <a href='https://peakd.com/hive-124452/@hive-124452/introducing-the-lady'>this post</a>.</p> </center><div></div>
properties (22)
authorladytoken
permlinkloh-1712398045571
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@princessbusayo ·
As in, I wish we can go back to those years where even the poor can breathe easily. The dollar has no issue with inflation seriously because even when it has gone down, things are still high. 
That puff puff is something else oo. There is money overseas but you see those bills, they will choke you 🀣
properties (22)
authorprincessbusayo
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@nkemakonam89 ·
So much to reply tonight? Haha πŸ˜†πŸ˜†
Keep catching up
I see 😌😌
properties (22)
authornkemakonam89
permlinkre-princessbusayo-sbldk4
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@precab ·
Everyone is looking for a chance to actually relocate outside the country right now looking at how things is playing out. But the truth is even those places out there, things are also cost massively there. I think as time goes on, the economy will adjust 
properties (22)
authorprecab
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@princessbusayo ·
I hope so too. Everyone wants the economy to adjust and it will do us good too. 
properties (22)
authorprincessbusayo
permlinkre-precab-sbldwf
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@rukkie ·
Sometimes I do wonder when it became this worse. Our leaders are not helping and we as the masses are also making things worse for ourselves. I do hope that things change for the best. 

#dreemerforlife
properties (22)
authorrukkie
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@princessbusayo ·
We are making it worse oo. May God help us. 
properties (22)
authorprincessbusayo
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@samsmith1971 ·
hey Princess :-) Wow!!! That is some discrepancy in rental values across Nigeria!!! How can one stay in the East for Service if the Service pay doesn't meet living expenses? Or does service pay change based on where a person is posted? We have also felt the squeeze on incomes here in the UK. Prices rise every week. I am constantly adjusting what I buy because I cannot justify paying higher prices for some things. Interesting insights into how inflation has hit in Nigeria. That must be incredibly challenging. 

#dreemerforlife
properties (22)
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@princessbusayo ·
No, the service pay is the same across everywhere in Nigeria. That is the current minimum wage for all serving youth corpers and one has to hustle to find more sources of income to live fine wherever he or she is posted. It's none of the government's business wherever you are posted to. 

It's just so challenging here but we keep going. 
properties (22)
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@shawnnft ·
oh wow your sister went to georgia to work?
properties (22)
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@princessbusayo ·
Not work really. She was given free scholarship to study Masters there. 
πŸ‘  
properties (23)
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vote details (1)
@shawnnft ·
Oh that's nice O.O. that's amazing. If she works there too that will be great~<div><a href="https://engage.hivechain.app">![](https://i.imgur.com/XsrNmcl.png)</a></div>
properties (22)
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body_length168
author_reputation289,337,953,133,795
root_title"My take on the cost of living in my country. "
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percent_hbd10,000
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