Tag
MOST EXPENSIVE STATES
Ekiti State emerged as the most expensive place to live in Nigeria in August 2025, making history as the first South-Western state to top the inflation rankings since the rebasing of the Consumer Price Index (CPI) in January.
Nigeria’s headline inflation rate eased for the fourth consecutive month in July 2025, dropping to 21.88% from 22.22% in June, according to the latest Consumer Price Index (CPI) report from the National Bureau of Statistics (NBS).
The latest inflation data highlight the states where the cost of living is rising the fastest, with food prices playing a crucial role in many regions.
The cost of living in Nigeria continues to rise, with April 2024 Consumer Price Index (CPI) data showing a consistent increase in inflation rates across both all items and food, affecting the daily lives of people in states, as evidenced by the data from the top 10 most expensive states.
In Nigeria, some states are more expensive to live in when compared to others according to data from the National Bureau of Statistics.