Skyline of Benin City
Cost of Living: 80 1,782,000

Benin City, Nigeria

A historic city known for its ancient Benin Kingdom bronzes and rich cultural heritage in southern Nigeria.

Updated August 30, 2026

Overview

Benin City is a city in Edo with a population of 1,782,000. A historic city known for its ancient Benin Kingdom bronzes and rich cultural heritage in southern Nigeria. Housing is more affordable than the national average. The overall cost of living is below the national average. Gardening thrives here — the 7b growing zone supports Mild — wide variety of vegetables, many fruit trees. The population skews young, with a median age of 18.0.

Last updated: August 30, 2026

Cost of Living 80

Below Average vs Nigeria Avg (100)

Housing Index 75

Affordable

Median Income ₦ 1,600,000

Household income

Unemployment 13.0%

Job market health

Benin City vs Nigeria Average

Cost of Living
Benin City: 80
Nigeria Avg: 100
Housing Index
Benin City: 75
Nigeria Avg: 100

Taxes

  • State Income Tax: None
  • Sales Tax: 7.5%

Economy & Jobs

  • Median Income: ₦ 1,600,000
  • Unemployment: 13.0%
  • Population: 1,782,000

Climate

  • Sunny Days: 170/year
  • Summer High: 89°F
  • Winter Low: 69°F
  • Farming Zone: USDA Zone 7b

Housing

  • Median Home: ₦18,000,000
  • 1BR Rent: ₦180000/mo

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Cost of Living

Benin City's cost of living index is 80 (Nigeria average = 100).

CategoryBenin CityNational AverageDifference
Overall80100-20.0%
Housing75100-25.0%

Data source: Council for Community and Economic Research (C2ER), 2026

Housing Market

MetricValue
Median Home Price₦18,000,000
Median Rent (1BR)₦180000/mo
Median Rent (2BR)₦225,000/mo
Price per Sq Ft₦12,000

Data source: Zillow Research, 2026

True Cost of Home Ownership

True Cost of Home Ownership

See what you'll really pay over 30 years

₦
%
$90,000 down
%
%
₦

Utilities

Estimated monthly utility costs for a typical household in Benin City:

UtilityEstimated Monthly CostNotes
Electricity₦15000
Heating & CoolingN/AEstimated based on local climate.
Cooling (AC)₦17Estimated based on local climate and electricity rates
Water₦5000Includes sewer
Internet (100+ Mbps)₦10000Broadband average
Garbage / TrashIncluded in taxesMunicipal service (covered by property taxes)
Total Utilities₦30017Monthly estimate (including heating & cooling)

Data sources: U.S. Energy Information Administration (EIA) 2024, EPA/AWWA water rate surveys, BroadbandNow

Remote Work Score

Benin City scores —/100 for remote work readiness:

Cost of Living
— 80
Rent
— ₦180000
Sunny Days
— 170
Tax
— None
Unemployment
— 13.0%
Climate
— 89°F / 69°F
Safety
— 4.7 homicides/100k
Population
— 1,782,000
Internet Speed
— 25 Mbps

Climate

Benin City has a varied climate with distinct seasons.

MonthAvg HighAvg LowRainfall
January89°F69°F2.5"
April74°F84°F2.8"
July89°F64°F1.5"
October69°F87°F2.2"
USDA Zone 7b

Mild — wide variety of vegetables, many fruit trees

Natural Hazards

Benin City faces the following natural hazards:

Flood High Risk

Niger River delta and coastal flooding.

Heat Wave High Risk

Extreme summer heat.

Earthquake Moderate Risk

Moderate seismic activity with occasional earthquakes.

Drought Moderate Risk

Northern Nigeria experiences drought.

Sandstorm Moderate Risk

Dust storms in northern regions.

Based on historical records and geographic risk assessment.

Taxes

  • State Income Tax: 0% (None)
  • Sales Tax: 7.5%
  • Property Tax: ~0.1% of assessed value

Economy & Jobs

Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 13.0%.

Schools & Education

Total Schools

Academic Schedule

School Hours 8:00 AM – 2:00 PM
Academic Year September to July
Term System Trimester — 1st (Sep-Dec), 2nd (Jan-Apr), 3rd (May-Jul)
Summer Break July to September (8 weeks)
Winter Break December to January (4 weeks)
Spring Break Easter holiday in March/April (2 weeks)

Many schools operate in shifts. Breaks for Eid al-Fitr and Eid al-Adha.

Demographics

The population of Benin City is diverse. The figures below show the ethnic, educational, and religious composition of the local population.

Ethnicity

Hausa
30.0%
Igbo
18.0%
Other
32.0%
Yoruba
20.0%

Education

Bachelor's degree or higher
20.0%
High school graduate
25.0%
Less than high school
40.0%
Some college
15.0%

Religion

Christian
40.0%
Folk
10.0%
Muslim
50.0%

City-level demographic data is not available for this location. The figures shown are national averages, which may differ from actual conditions in this city.

Data source: National Population Commission (2006)

Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.

Frequently Asked Questions

What is the cost of living in Benin City, Nigeria?

The cost of living index in Benin City is 80, which is Lower the Nigeria national average of 100.

How much does it cost to buy a home in Benin City?

The median home price in Benin City is ₦18,000,000. The housing index is 75.

What is the average rent for a 1-bedroom apartment?

The average rent for a 1-bedroom apartment in Benin City is approximately ₦180000/mo.

Does Benin City, Edo have income tax?

Benin City is in Edo, which has no income tax.

What is the climate like in Benin City?

Benin City enjoys approximately 170 sunny days per year. Summer highs reach around 89°F, while winter lows can drop to around 69°F.

Data Sources

  • Cost of Living: Council for Community and Economic Research (C2ER), 2026
  • Housing Data: Zillow Research, 2026
  • Income & Employment: US Census Bureau American Community Survey, 2024
  • Utilities U.S. Energy Information Administration (EIA) 2024, EPA/AWWA water rate surveys, BroadbandNow

Data last updated: September 13, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.