Economic Indicators

GDP per Capita (PPP)$9,087 (2024)
Inflation Rate33.2% (2024)
Health Spend per Capita$67 (2023)
Out-of-Pocket Health Spend71.9% (2023)
Education Spend (% GDP)0.3% (2023)
Source: World Bank Open Data

The cost of living in Port Harcourt is relatively moderate, with a daily budget of $30-50 USD for backpackers, $50-100 USD for mid-range travelers, and $150-250 USD for those seeking comfort.

Quick Facts

Cost LevelModerate
Daily Budget (Backpacker)$30-50 USD
Daily Budget (Mid-Range)$50-100 USD
Daily Budget (Comfort)$150-250 USD
CurrencyNGN
Tipping Customnot expected

How Expensive Is Port Harcourt?

Port Harcourt, a major city in Nigeria, has a cost of living that is relatively moderate compared to other major cities in Africa. The city's economy is driven by the oil and gas industry, which has led to an influx of expatriates and businessmen, contributing to the moderate cost of living. However, compared to other Nigerian cities, Port Harcourt is relatively expensive, with prices for accommodation, food, and transportation being higher than in other parts of the country. Overall, Port Harcourt is a city that offers a unique blend of traditional Nigerian culture and modern amenities, making it an attractive destination for tourists and business travelers alike.

The cost of living in Port Harcourt is influenced by various factors, including the city's location, economy, and infrastructure. The city's proximity to the Niger Delta region, a major oil-producing area, has led to an increase in economic activity, which in turn has driven up prices for goods and services. Additionally, the city's infrastructure, including its roads, transportation systems, and amenities, is relatively well-developed, which has also contributed to the moderate cost of living.

Accommodation Prices

TypePrice Range (USD/night)Notes
Hostel/Budget$10-20Basic rooms with shared facilities
Mid-Range Hotel$40-80Air-conditioned rooms with private bathrooms
Luxury/Resort$150-300High-end amenities and services
Apartment Rent (monthly)$200-500City center, 1-2 bedrooms
Apartment Rent (monthly)$100-300Outside city center, 1-2 bedrooms

Food & Dining Prices

Meal TypePrice Range (USD)
Street Food / Local Eatery$3-5
Casual Restaurant$10-20
Mid-Range Restaurant (2 people)$25-40
Fine Dining$50-100
Beer (local)$2-5
Coffee$1-3
Water (1.5L bottle)$1-2

Transport Costs

TransportCost (USD)
Local bus/metro ride$0.50-1.00
Taxi (per km)$1-2
Domestic flight$100-200
Fuel (per liter)$0.50-1.00

Monthly Budget Breakdown

CategoryBudget ($)Mid-Range ($)Comfortable ($)
Rent200400800
Food200400800
Transport50100200
Utilities50100200
Entertainment100200400
Total60012002400

Money-Saving Tips

  • Consider staying in a hostel or guesthouse instead of a hotel to save on accommodation costs.
  • Eat at local restaurants or street food stalls to experience traditional Nigerian cuisine at a lower cost.
  • Use public transportation or walk instead of taking taxis to get around the city.
  • Avoid traveling during peak hours or seasons to save on transportation costs.
  • Negotiate prices when shopping at local markets or from street vendors.
  • Learn some basic Nigerian phrases, such as "hello" (kedu) and "thank you" (ima), to show respect and appreciation for the local culture.