Find out actual data about & Safety Index in Ibadan, Nigeria
| Index | |
|---|---|
| Price to Income Ratio | 18.00 |
| Mortgage as Percentage of Income | 334.31% |
| Loan Affordability Index | 0.30 |
| Price to Rent Ratio – City Centre | 4.72 |
| Price to Rent Ratio – Outside of Centre | 2.95 |
| Gross Rental Yield (City Centre) | 21.16% |
| Gross Rental Yield (Outside of Centre) | 33.88% |
| country data (source The World Bank, 2021) | |
| GDP Per Capita ($) | 5,136.00 |
| GDP Growth Rate | 0.80% |
| Population Growth Rate | 2.53% |
Rent Per Month in Nigeria
| Apartment (1 bedroom) in City Centre | 559.91$ | 193.37$ – 1160.23$ |
| Apartment (1 bedroom) Outside of Centre | 363.32$ | 103.13$ – 709.03$ |
| Apartment (3 bedrooms) in City Centre | 1189.44$ | 386.74$ – 3222.86$ |
| Apartment (3 bedrooms) Outside of Centre | 802.25$ | 193.37$ – 1933.72$ |
Buy Apartment Price in Nigeria
| Price per Square Meter to Buy Apartment in City Centre | 624$ | 257.83$ – 1206.87$ |
| Price per Square Meter to Buy Apartment Outside of Centre | 257.85$ | 64.46$ – 644.57$ |
Salaries And Financing in Nigeria
| Average Monthly Net Salary (After Tax) | 122.5$ | 0$ – 0$ |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 18.06$ | 10$ – 22$ |
These data are based on 2964 entries in the past 29 months from 87 different contributors.
Last update: August 2023
Our data for each country is based on all entries from all cities in that country.
Property Prices in Ibadan in 2023 and 2024 Prediction
Housing costs are an important factor for quality of life in Ibadan. According to statistics, the average price per square meter of property in Ibadan is around 624$
in the city center and 363$ in outskirts. Rental prices for a one-bedroom apartment in the city center average 559$ per month.
Property price growth has risen in recent years, making housing less affordable. Rental yields range from 5%.
While carrying some premium over national averages, overall housing in Ibadan remains reasonably priced compared to similar sized cities globally.
This increases disposable income and cost of living for residents.
Ibadan Weather
Ibadan Map
Property Prices Rates & Safety Index in Nigeria
Check Cost of Living & Quality of Life Index for Ibadan
Safety Index in Ibadan
Health Care in Ibadan
Pollution Index in Ibadan
Quality of life in Ibadan
Cost of Living in Ibadan