• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Economy

Top 10 most expensive states to live in Nigeria in May 2025 

Tobi Tunji by Tobi Tunji
June 16, 2025
in Economy, Inflation, Metrics, Rankings
Top 10 most expensive states to live in Nigeria in May 2025 
Share on FacebookShare on TwitterShare on Linkedin

The National Bureau of Statistics (NBS) has released its Consumer Price Index (CPI) report for May 2025, highlighting the top 10 most inflation-impacted states in Nigeria.

The ranking is based on the year-on-year (YoY) change in all-items inflation, which reflects the general cost of living in each state.

Nigeria’s headline inflation rate eased to 22.97% in May 2025, down from 23.71% in April, according to the latest Consumer Price Index (CPI) report released by the National Bureau of Statistics (NBS).

This represents a 0.74 percentage point decrease on a year-on-year basis and a notable 10.98 percentage point drop compared to May 2024, when the inflation rate stood at 33.95%.

On a month-on-month basis, inflation also declined to 1.53% in May, compared to 1.86% recorded in April, signalling a moderation in the pace of rising consumer prices.

Food inflation, a key driver of household spending pressures, remained elevated at 21.14% year-on-year, though this marks a sharp decline from 40.66% recorded in May 2024. The slowdown is partly attributed to the statistical base effect following the CPI rebasing to the 2024 base year.

On a month-on-month basis, food inflation rose to 2.19%, up from 2.06% in April, indicating fresh price increases in items like yam, cassava, maize flour, sweet potatoes, fresh pepper, and Ogbono.

This rise suggests that while year-on-year inflation is moderating due to base year changes, Nigerians are still grappling with real-time price hikes in staple foods.

Food inflation remains the most significant pressure point, particularly in the northern states where insecurity, weak supply chains, and climate disruptions persist.

Here’s a breakdown of the top 10 states with the highest cost of living in May 2025:

10. Benue State

Benue recorded an all-item inflation rate of 25.9% year-on-year and 3.1% month-on-month. Food inflation stood at 22.0% YoY, while food prices rose by 4.1% MoM.

The state’s inflation trend appears to be driven by food-related costs, which have climbed steadily. As a key food-producing region, disruptions to farm activities seemed to be contributing factors.

9. Edo State

Edo posted a year-on-year all-item inflation rate of 26.0%, with a notable 2.9% decline in MoM inflation, the sharpest monthly drop among the top 10. However, food inflation remained a concern, rising 4.3% MoM and 19.4% YoY. This indicates that the decline in headline inflation may be linked to falling prices in non-food categories such as transportation or energy, even as food costs continue to rise.

8. Cross River State

Cross River reported 26.1% headline inflation YoY and 4.3% MoM, while food inflation stood at 27.3% YoY and 11.1% MoM, the highest monthly food inflation in the country.

The sharp rise in food prices suggests possible supply disruptions or market volatility. Speculative pricing and transport inefficiencies likely worsened food accessibility in May.

7. Taraba State

Taraba posted 26.5% headline inflation YoY and 4.2% MoM, with food inflation climbing to 38.6% YoY and 5.4% MoM.

The state’s food inflation is one of the highest nationally, hinting at pressure from agricultural supply constraints, which are raising the cost of fresh produce and staples.

6. Nasarawa State

Nasarawa recorded 27.4% inflation YoY and 2.5% MoM, while food inflation was 25.3% YoY and just 0.2% MoM. This modest monthly food inflation suggests temporary price stability in food items, though the year-on-year figure indicates longer-term cost pressures, possibly from energy, rent, or transportation categories.

5. Oyo State

RelatedStories

Energy prices, Diesel

Diesel price in Nigeria surges 25% to N1,758 in May 2025 – NBS 

July 2, 2025
Food items,

Top 10 Nigerian states with highest food inflation in May 2025, Borno tops the chart 

June 19, 2025

Oyo’s headline inflation rose to 28.9% YoY, though the state saw a 0.8% MoM decline. Food inflation stood at 19.1% YoY and -0.1% MoM, showing mild deflationary pressure. The state’s inflation may be easing due to improved access to food or subsidies in transportation, though the general cost of goods and services remains elevated.

4. Abuja (FCT)

The Federal Capital Territory recorded 31.1% inflation YoY and a slight -0.1% MoM drop. Food inflation stood at 26.7% YoY, with a significant 6.4% MoM rise. This indicates that while general prices were relatively stable in May, sharp increases in food costs—possibly due to Abuja’s heavy reliance on supplies from neighbouring states—kept the pressure on consumers.

3. Plateau State

Plateau recorded 32.3% headline inflation YoY and 0.4% MoM. Food inflation stood at 18.6% YoY, with a 1.7% MoM decline, making it one of the few states with month-on-month food deflation.

However, the high headline inflation suggests non-food components—such as health, education, and transport—are major drivers of rising living costs in the state.

2. Niger State

Niger recorded 35.0% inflation YoY and 3.5% MoM, with food inflation at 30.3% YoY and 0.2% MoM. Despite food prices staying mostly flat in May, the annual rise reflects long-term structural issues. Fuel costs, transportation, and insecurity likely continue to disrupt internal markets and food movement.

1. Borno State

Borno remains the most expensive state to live in as of May 2025, with the highest all-item inflation rate of 38.9% YoY and 4.4% MoM. Food inflation surged to 64.4% YoY, with monthly food inflation rising 8.0%, the second highest in Nigeria.

Ongoing insecurity, displacement of farming communities, and logistics bottlenecks are pushing prices sharply upward. The state’s inflation profile reflects deep economic vulnerabilities, especially in food access.


Follow us for Breaking News and Market Intelligence.
Tags: AbujaBORNOinflation rateNational Bureau of StatisticsNiger
Tobi Tunji

Tobi Tunji

Related Posts

Energy prices, Diesel
Energy

Diesel price in Nigeria surges 25% to N1,758 in May 2025 – NBS 

July 2, 2025
Food items,
Economy

Top 10 Nigerian states with highest food inflation in May 2025, Borno tops the chart 

June 19, 2025
Top 10 most affordable states to live in Nigeria – May 2025 ranking  
Economy

Top 10 most affordable states to live in Nigeria – May 2025 ranking  

June 18, 2025
crude oil
Economy

Crude becomes Nigeria’s third largest import as local refineries seek foreign oil 

June 17, 2025
When you travel to your village, why do you buy yams, palm oil and bananas and return them to your city?
Breaking News

Nigeria’s inflation rate eases to 22.97% in May 2025 

June 16, 2025
India to Become Nigeria’s Largest Export Corridor by 2030_ Report
Agriculture

Top 10 export destinations for Nigeria in Q1 2025: India takes the lead

June 14, 2025
Next Post
Cybercrime Charge: Court refuses AGF’s request to arrest Senator Natasha Akpoti  

Cybercrime Charge: Court refuses AGF's request to arrest Senator Natasha Akpoti  

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank








DUNS

Recent News

  • IGP sues Abu Arome, 3 Ghanaians over alleged forgery of company shares allocation document
  • Nigeria’s oil rig count rises to 46 in July 2025 – NUPRC
  • Oyo State approves N7.7 billion for two surveillance aircraft to combat insecurity 

Follow us on social media:

Recent News

IGP prosecutes Nigerian businessmen over alleged N13.5 billion forex fraud dispute  

IGP sues Abu Arome, 3 Ghanaians over alleged forgery of company shares allocation document

July 9, 2025
Nigeria’s gas flare commercialisation programme could unlock $2.5 billion investment – NUPRC 

Nigeria’s oil rig count rises to 46 in July 2025 – NUPRC

July 9, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics