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Nairaland Forum / Nairaland / General / Career / A 100k Monthly Salary In Nigeria Is Better Than A 400k Monthly Salary In USA (71745 Views)
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Re: A 100k Monthly Salary In Nigeria Is Better Than A 400k Monthly Salary In USA by Msnbcny: 8:22am On Mar 10, 2021 |
You have to pay |
Re: A 100k Monthly Salary In Nigeria Is Better Than A 400k Monthly Salary In USA by daddymummy(m): 8:22am On Mar 10, 2021 |
I watched a documentary on the life in the US. So many people are homeless. They sleep in their cars or some of them use clothes and tarpuline to build a small structure on the road side where they sleep at night. They cannot afford house rent which is very high. There are millions of white American citizens who are suffering like this. Some are jobless and depend on charity. I was surprised when I saw that documentary. 16 Likes 2 Shares |
Re: A 100k Monthly Salary In Nigeria Is Better Than A 400k Monthly Salary In USA by pixeldensity: 8:22am On Mar 10, 2021 |
The services and luxury you get in US cannot not gotten in Nigeria 2 Likes |
Re: A 100k Monthly Salary In Nigeria Is Better Than A 400k Monthly Salary In USA by Kingcalls: 8:22am On Mar 10, 2021 |
Op...either u are lazy or u are doing big boy...y should u hv a car over there when they have a very good transportation network...if we did here , most people will not have cars... its cheaper to buy stuff over there than here... the produce in the US so things are cheaper, we import here so things are expensive... if u spend 5k to buy a car in the US, I will have to spend almost 2ice tge amount to drive that same car here cos I will pay for shipping and duty here which is very expensive...our money has lost value which is a major advantage to u ... I'm sure u decided to live in a place equivalent to festac, surulere or ajah in USA, instead of u to go look for house around places equivalent to mushin, badagry, oshodi ikorodu or ajegunle ... I'm also sure u spend on luxury goods 12 Likes 1 Share |
Re: A 100k Monthly Salary In Nigeria Is Better Than A 400k Monthly Salary In USA by ENGINEERG(m): 8:23am On Mar 10, 2021 |
Consider your freedom too, in nigeria of Today, no one is save, anyone can be kidnapped... |
Re: A 100k Monthly Salary In Nigeria Is Better Than A 400k Monthly Salary In USA by kEEBEE121: 8:23am On Mar 10, 2021 |
Hmm � u don’t know what you are saying at all 5 Likes 1 Share |
Re: A 100k Monthly Salary In Nigeria Is Better Than A 400k Monthly Salary In USA by GoldenJAT(m): 8:23am On Mar 10, 2021 |
This analysis shock me!!! 4 Likes 1 Share |
Re: A 100k Monthly Salary In Nigeria Is Better Than A 400k Monthly Salary In USA by ceejayluv(m): 8:23am On Mar 10, 2021 |
Who the hell earns 400k Naira is USA? That's below the minimum wage threshold na. 19 Likes |
Re: A 100k Monthly Salary In Nigeria Is Better Than A 400k Monthly Salary In USA by Alexaonfleek: 8:24am On Mar 10, 2021 |
bloggerblogger2:some people will just open mouth waaa 15 Likes 1 Share |
Re: A 100k Monthly Salary In Nigeria Is Better Than A 400k Monthly Salary In USA by stonemasonn: 8:24am On Mar 10, 2021 |
OP you mean 475,000 naira monthly in Nigeria is better than 1000 dollars monthly ko? 1 Like |
Re: A 100k Monthly Salary In Nigeria Is Better Than A 400k Monthly Salary In USA by Msnbcny: 8:24am On Mar 10, 2021 |
Exactly. Monthly rent , water, electricity, Insurance, phone bills, loans.... all have to be paid for first monthly unlike 9ja. |
Re: A 100k Monthly Salary In Nigeria Is Better Than A 400k Monthly Salary In USA by Siwisheswereesh: 8:24am On Mar 10, 2021 |
Ok |
Re: A 100k Monthly Salary In Nigeria Is Better Than A 400k Monthly Salary In USA by EXOUSIAng: 8:25am On Mar 10, 2021 |
LoL Op you are definitely not living in Lagos... even people living on the mainland won't agree with you. a room self on the island is around 500k sir thats almost half your annual income. you no go chop?? you no go fuel car, you no go fix your light bills amd so many other billings oga, 100k no even reach person wer dey stay for Ipaja Or has the meaning of the word LUXURY changed and some of us are not aware? 16 Likes |
Re: A 100k Monthly Salary In Nigeria Is Better Than A 400k Monthly Salary In USA by captainamiedi1: 8:26am On Mar 10, 2021 |
100k luxury life?? Seems you haven't been to the market lately and ur landlord isn't interested in increasing house rent. Do you know a liter of fuel is 170 naira?? Op seems u are drunk 22 Likes 1 Share |
Re: A 100k Monthly Salary In Nigeria Is Better Than A 400k Monthly Salary In USA by phorget(m): 8:26am On Mar 10, 2021 |
bloggerblogger2: Then why are you still there? Come back to Nigeria and start earning 100k and let's see how you'll survive. People will just be discouraging us not to bother escaping this Godforsaken Nigeria yet they themselves will never want to come back so we can face the battle here together. 24 Likes 1 Share |
Re: A 100k Monthly Salary In Nigeria Is Better Than A 400k Monthly Salary In USA by Kingrefreshed: 8:27am On Mar 10, 2021 |
HellVictorinho: He is right! Nigeria still has the best economy in Africa. That's what Lie Mohammed told the world Bank and they believed him. What do they got to lose! 11 Likes |
Re: A 100k Monthly Salary In Nigeria Is Better Than A 400k Monthly Salary In USA by InvertedHammer: 8:27am On Mar 10, 2021 |
bloggerblogger2:/ I agree 100% / 1 Like 1 Share |
Re: A 100k Monthly Salary In Nigeria Is Better Than A 400k Monthly Salary In USA by Beface(m): 8:27am On Mar 10, 2021 |
This article would have made more sense if you explained it with the actual fact and figure rather than describing it. You made it sound as if you are not living there or like you are giving us there say there say story. For instance, tell us the actual amount of the bills. 7 Likes |
Re: A 100k Monthly Salary In Nigeria Is Better Than A 400k Monthly Salary In USA by bibiking7(m): 8:28am On Mar 10, 2021 |
I don't quite agree. That 100k is for 1 month. Where as, there are menial jobs in the US that can pay $10 per hour. Lets calculate. 10 per hour times 8 hours, times 5 days in a week, times current exchange rate. The person would earn more than you earn in a month in 1 week. Now me wey dey earn 100k per month. Do you expect me to eat only kote fish or pomo? Food cannot be considered a luxury. I guess the op has not been to the market in a while to know the level of food inflation. Also earning power and purchasing power of both countries are different. 12 Likes |
Re: A 100k Monthly Salary In Nigeria Is Better Than A 400k Monthly Salary In USA by davomaster(m): 8:29am On Mar 10, 2021 |
I hope you ain't going through some mental issues.. 100k salary in conjunction with luxury in nigeria ? You need serious medical attention. 21 Likes |
Re: A 100k Monthly Salary In Nigeria Is Better Than A 400k Monthly Salary In USA by ProElite: 8:29am On Mar 10, 2021 |
I think ur definition of Luxury is different from the real meaning 3 Likes |
Re: A 100k Monthly Salary In Nigeria Is Better Than A 400k Monthly Salary In USA by shegzhkn: 8:30am On Mar 10, 2021 |
Lol. 4 Likes |
Re: A 100k Monthly Salary In Nigeria Is Better Than A 400k Monthly Salary In USA by adonainana: 8:30am On Mar 10, 2021 |
I didnt want to comment on this but OP you are right and at the same time you are wrong. Firstly, yes Abroad is very tough, so tough that there are some people i know, they only do fraud to live a luxury life in the UK for instance. Imagine doing fraud before you can live a very very luxury comfortable life. On the other hand, Nigeria is hard too, not to mention the recent INFLATION and the low purchasing power of the naira. Rememeber everything in Nigeria is imported so luxury or no luxury, basic goods or no basic goods, everything that is bought in nigeria came from somewhere so how strong the naira is ultimately determines how luxurious life would be in Nigeria Yes it is true, i know someone who works abroad as a security officer and deliberately lives a frugal lifestyle for like 5 years living in a shared apartment to save on rent and eating the same food everyday and after 5 years the amount of money he came to Nigeria with, his generation would never suffer again But at the same time, look at nigeria and see how every 5 years businesses fold and close down, 10 million naira can vanish down on a business here in nigeria without a trace From dishonest employees, to kidnappers to armed robbers to government policies, to the POOR PURCHASING POWER OF THE NAIRA. Reason why i said this topic is right and wrong, Abroad can fetch you good money but it has it own question marks before, during and after you have made it Nigeria too can fetch you crazy money but the trick is its easier to go abroad and raise the capital for the money you can come back to nigeria to make but NIGERIAN PROBLEMS await you such as the ones mentioned above and even just electricity alone can fustrate anyone So honestly this topic keeps coming up and up again So just my two cents oooo 30 Likes 1 Share |
Re: A 100k Monthly Salary In Nigeria Is Better Than A 400k Monthly Salary In USA by EXOUSIAng: 8:30am On Mar 10, 2021 |
HellVictorinho:do you have the statistics to show its a lie... cos the best organizations in the world have actually confirmed the Nigeria is number 1 in Africa. can you give us a reason why we should listen to a man who knows less than nothing about Economics?? 2 Likes |
Re: A 100k Monthly Salary In Nigeria Is Better Than A 400k Monthly Salary In USA by franchasng: 8:31am On Mar 10, 2021 |
Karlovych: |
Re: A 100k Monthly Salary In Nigeria Is Better Than A 400k Monthly Salary In USA by walesho(m): 8:31am On Mar 10, 2021 |
You guys don't just get it, its not all about the money alone it all boils down to the improved standard of living 6 Likes 1 Share |
Re: A 100k Monthly Salary In Nigeria Is Better Than A 400k Monthly Salary In USA by franchasng: 8:31am On Mar 10, 2021 |
punisha: |
Re: A 100k Monthly Salary In Nigeria Is Better Than A 400k Monthly Salary In USA by pocohantas(f): 8:31am On Mar 10, 2021 |
I think what OP is trying to talk about is the PPP (Purchasing Power Parity). In a lay man’s term, comparing currencies isn’t just as easy as the exchange rate. For example, you see people say they are better off in “Dubai” because they are earning 400k there. They are always quick to convert it to Naira and at that point it looks big to you that is earning 30k in Nigeria. The big/important question is, what would 400k do for you in Dubai and what would it do for you in Nigeria? How much is a bottle of coke there? How much is a plate of rice? How much is transport fare? Etc... If these things are not at equilibrium, then it is advisable you look WELL before you leap. Don’t allow any agent to tell you, you would earn 400k in Azerbaijani. An educated mind should ask some questions, else you would soon realize 400k isn’t always 400k. If you know what I mean. 38 Likes 2 Shares |
Re: A 100k Monthly Salary In Nigeria Is Better Than A 400k Monthly Salary In USA by Gloriagee(f): 8:31am On Mar 10, 2021 |
You are a clown, right aremuforlife: 6 Likes |
Re: A 100k Monthly Salary In Nigeria Is Better Than A 400k Monthly Salary In USA by EXOUSIAng: 8:32am On Mar 10, 2021 |
HellVictorinho:Re you sure you understand yourself you sound a bit confused |
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