Naijadazz

Naijadazz

Share

Naijadazz is an online news platform in Nigeria. We report reliable news to keep our readers informed and entertained.

Top 10 Most Expensive States to Live in Nigeria – September 2024: CPI Data Reveals Sokoto at 820.8 and Bayelsa at 831.7 Amid Surging Food Prices 08/11/2024

To analyze the cost of living across Nigeria in September 2024, as reported by the National Bureau of Statistics (NBS) Consumer Price Index (CPI), we look at the 10 most expensive states based on their overall All-Items CPI. The CPI measures the average change over time in prices paid by consumers for goods and services, allowing us to evaluate inflation and living costs. For September 2024, the data shows significant variation across Nigeria’s 36 states and Federal Capital Territory, with sharp contrasts in urban and rural expenses, particularly influenced by rising food costs. The following sections discuss each of the most expensive states, highlighting how their CPIs reflect different economic pressures impacting their residents.

1. Sokoto

- All-Items CPI: 820.8

- Food CPI: 1036.7

- YoY All-Items Change: 38.74%

- MoM All-Items Change: 4.63%Sokoto ranks as the most expensive state in Nigeria based on its September 2024 CPI.

Top 10 Most Expensive States to Live in Nigeria – September 2024: CPI Data Reveals Sokoto at 820.8 and Bayelsa at 831.7 Amid Surging Food Prices To analyze the cost of living across Nigeria in September 2024, as reported by the National Bureau of Statistics (NBS) Consumer Price Index (CPI), we look at th

Want your business to be the top-listed Media Company in Lagos?
Click here to claim your Sponsored Listing.

Category

Address


Lagos