HomeInflation calculator

What is your naira really worth today?

Compare what an amount bought you back then against what it buys now, across the categories Nigerians actually spend on — food, FX, fuel, rent, telecom, building materials. Sourced from NBS bulletins, CBN releases, parallel-market archives, and our own daily scrapes.

Pick the year you want to compare. We'll show what ₦10,000 bought back then vs today, by category.

The answer

₦10,000 back in Jan 2020 has the buying power of ₦63,793 today in petrol (per litre), but only ₦18,333 in mtn 5gb monthly data.

By category

Petrol (per litre)
₦63,793
Was ₦145 · now ₦925 · +84% inflation
🏠
2-bed flat rent (Lagos)
₦45,625
Was ₦800,000 · now ₦3,650,000 · +78% inflation
💵
USD → NGN
₦42,361
Was ₦360 · now ₦1,525 · +76% inflation
💷
GBP → NGN
₦40,957
Was ₦470 · now ₦1,925 · +76% inflation
🌾
Garri (bag)
₦37,333
Was ₦7,500 · now ₦28,000 · +73% inflation
🧱
Cement (50kg bag)
₦35,472
Was ₦2,650 · now ₦9,400 · +72% inflation
🍚
Rice (50kg bag)
₦34,872
Was ₦19,500 · now ₦68,000 · +71% inflation
🚌
Lagos → Abuja bus
₦25,882
Was ₦8,500 · now ₦22,000 · +61% inflation
5KVA generator
₦23,846
Was ₦195,000 · now ₦465,000 · +58% inflation
📶
MTN 5GB monthly data
₦18,333
Was ₦1,500 · now ₦2,750 · +45% inflation

What we track

10 series with anchored historical reference points going back to 2020. Each anchor below is recoverable from a named public source — NBS, CBN, AbokiFX, PropertyPro, or the operator's own published tariff.

💵
USD → NGN
Anchored from 2020-01-15 · 6 reference points
💷
GBP → NGN
Anchored from 2020-01-15 · 4 reference points
Petrol (per litre)
Anchored from 2020-01-15 · 8 reference points
🧱
Cement (50kg bag)
Anchored from 2020-01-15 · 6 reference points
🍚
Rice (50kg bag)
Anchored from 2020-01-15 · 6 reference points
🌾
Garri (bag)
Anchored from 2020-01-15 · 4 reference points
📶
MTN 5GB monthly data
Anchored from 2020-01-15 · 4 reference points
5KVA generator
Anchored from 2020-01-15 · 4 reference points
🏠
2-bed flat rent (Lagos)
Anchored from 2020-01-15 · 4 reference points
🚌
Lagos → Abuja bus
Anchored from 2020-01-15 · 4 reference points

Methodology

Between anchored dates we linearly interpolate. That's an approximation — actual prices don't move in straight lines — but it's honest about what we know and what we're estimating. As our daily snapshot archive (started May 23, 2026) accumulates, organic data points layer in alongside the anchors and interpolation gives way to actual observations.

  • FX rates are parallel-market / market-rate equivalents (not official CBN window).
  • Fuel uses the PPPRA cap pre-May 2023 and NBS bulletin averages thereafter.
  • Cement uses Dangote's ex-factory price (the market-leader benchmark).
  • Food uses NBS Selected Food Prices bulletin medians.
  • Rent uses PropertyPro's half-yearly Lagos mainland averages.
  • Where an anchor is missing for a year, we interpolate from the bracketing dates.
📬

The inflation index, weekly.

When the cement, rice or USD line moves, the weekly digest leads with it — alongside what the official NBS CPI release said the same week.

Calculator + historical anchors released under CC BY 4.0. Free to embed in articles, papers, theses — cite as "PriceRadar Nigeria Inflation Calculator, accessed <date>, https://priceradar-ng.vercel.app/inflation".