What is the Cost of Living an Expensive Lifestyle in Nigeria?

Covering big housing cost and also spending $150 000 in utility bills every month is just the beginning of high life in Nigeria. Keeping up with maintenance are extra charges and people pay anyway to keep a rich lifestyle. It is often awkward when people come to the house of a trending person and spot specks of dirt.

A personal chef is the only thing that could cost less, though it is somewhere around $350 a month. This amounts to about $40 a day. If considering the amount spent in restaurants on outings and launch outside the home, feeding total will amount to 1500 monthly along with the cost of food items.

The outward appearance means more than anything in the world. No one with a high lifestyle is satisfied with just simple clothing or accessories and makeups. Clothing and monthly wardrobe change are often budgeted at $1000 but special dresses for big occasions are an exception. Those could cost another $1000. Accessorizing and making up for an everyday look would also amount to $1500 when put together.

A billionaire’s lifestyle in Nigeria often requires owning a big ride to getting around in style and to maintain the billionaire image. Bentley SUV which most Nigerian who have top lifestyles are known to use would normally come with a huge price tag around $165 000. Also, premium maintenance costs are sometimes paid for on purchase and monthly maintenance for such car amounts to at least $250. This includes daily fueling.

It may not immediately seem very obvious why people who live the high life like to party. But it is a part of making the right connections and networking with the right people. By so doing, net worth grows. Constantly organising a lavish feast is a good way to impress friends and such parties does not happen at modest prices. Some people have reported having a top lifestyle party for 19 million Naira.